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REGISTERED NUMBER: 09974835 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 January 2024

for

Run North West Limited

Run North West Limited (Registered number: 09974835)






Contents of the Financial Statements
for the Year Ended 31 January 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Run North West Limited

Company Information
for the Year Ended 31 January 2024







DIRECTOR: Andrew Whittingham





REGISTERED OFFICE: Unit 1
11 Eagle Parade
Buxton
Derbyshire
SK17 6EQ





REGISTERED NUMBER: 09974835 (England and Wales)





ACCOUNTANTS: Guthrie Accountancy Services Ltd
Unit 1
11 Eagle Parade
Buxton
Derbyshire
SK17 6EQ

Run North West Limited (Registered number: 09974835)

Balance Sheet
31 January 2024

31.1.24 31.1.23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 10,354 4,394
10,354 4,394

CURRENT ASSETS
Stocks 283,308 109,449
Debtors 6 734 734
Cash at bank 265,522 65,332
549,564 175,515
CREDITORS
Amounts falling due within one year 7 368,883 165,286
NET CURRENT ASSETS 180,681 10,229
TOTAL ASSETS LESS CURRENT
LIABILITIES

191,035

14,623

CREDITORS
Amounts falling due after more than one
year

8

30,975

36,338
NET ASSETS/(LIABILITIES) 160,060 (21,715 )

CAPITAL AND RESERVES
Called up share capital 10 10
Retained earnings 160,050 (21,725 )
SHAREHOLDERS' FUNDS 160,060 (21,715 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

Run North West Limited (Registered number: 09974835)

Balance Sheet - continued
31 January 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 28 March 2024 and were signed by:





Andrew Whittingham - Director


Run North West Limited (Registered number: 09974835)

Notes to the Financial Statements
for the Year Ended 31 January 2024

1. STATUTORY INFORMATION

Run North West Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Computer software is being amortised evenly over its estimated useful life of five years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Land and buildings - 33% on cost
Plant and machinery etc - 33% on cost and 25% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Run North West Limited (Registered number: 09974835)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2024

2. ACCOUNTING POLICIES - continued

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Revenue recognition
Race entry fees are recognised when received as they are non refundable.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 19 (2023 - 14 ) .

4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST
At 1 February 2023
and 31 January 2024 5,158
AMORTISATION
At 1 February 2023
and 31 January 2024 5,158
NET BOOK VALUE
At 31 January 2024 -
At 31 January 2023 -

5. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 February 2023 2,723 22,750 25,473
Additions - 9,724 9,724
Disposals (2,723 ) - (2,723 )
At 31 January 2024 - 32,474 32,474
DEPRECIATION
At 1 February 2023 2,723 18,356 21,079
Charge for year - 3,764 3,764
Eliminated on disposal (2,723 ) - (2,723 )
At 31 January 2024 - 22,120 22,120
NET BOOK VALUE
At 31 January 2024 - 10,354 10,354
At 31 January 2023 - 4,394 4,394

Run North West Limited (Registered number: 09974835)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2024

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.24 31.1.23
£    £   
Other debtors 734 734

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.24 31.1.23
£    £   
Bank loans and overdrafts 5,363 5,230
Trade creditors 212,366 54,172
Taxation and social security 80,190 10,274
Other creditors 70,964 95,610
368,883 165,286

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.1.24 31.1.23
£    £   
Bank loans 30,975 36,338