Company Registration No. 06130182 (England and Wales)
VEGANTUNE SPORTSCAR AND MOTORSPORT CENTRE LTD
Unaudited accounts
for the year ended 28 February 2023
VEGANTUNE SPORTSCAR AND MOTORSPORT CENTRE LTD
Unaudited accounts
Contents
VEGANTUNE SPORTSCAR AND MOTORSPORT CENTRE LTD
Company Information
for the year ended 28 February 2023
Director
Symon Tad Mark Nicholas-Jago
Company Number
06130182 (England and Wales)
Registered Office
421 HIGH ROAD
N12 0AP
Accountants
Charterhouse Accountants
5 Eastgate Business Centre
Eastern Avenue
Burton on Trent
Staffordshire
DE13 0AT
VEGANTUNE SPORTSCAR AND MOTORSPORT CENTRE LTD
Statement of financial position
as at 28 February 2023
Creditors: amounts falling due within one year
(59,688)
(55,411)
Net current liabilities
(59,688)
(55,411)
Net liabilities
(57,187)
(55,356)
Called up share capital
1
1
Profit and loss account
(57,188)
(55,357)
Shareholders' funds
(57,187)
(55,356)
For the year ending 28 February 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 3 May 2023 and were signed on its behalf by
Symon Tad Mark Nicholas-Jago
Director
Company Registration No. 06130182
VEGANTUNE SPORTSCAR AND MOTORSPORT CENTRE LTD
Notes to the Accounts
for the year ended 28 February 2023
VEGANTUNE SPORTSCAR AND MOTORSPORT CENTRE LTD is a private company, limited by shares, registered in England and Wales, registration number 06130182. The registered office is 421 HIGH ROAD, N12 0AP.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill
At 28 February 2023
11,750
At 28 February 2023
11,750
VEGANTUNE SPORTSCAR AND MOTORSPORT CENTRE LTD
Notes to the Accounts
for the year ended 28 February 2023
5
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 March 2022
6,407
-
6,407
At 28 February 2023
6,407
2,500
8,907
At 1 March 2022
6,353
-
6,353
Charge for the year
53
-
53
At 28 February 2023
6,406
-
6,406
At 28 February 2023
1
2,500
2,501
At 28 February 2022
54
-
54
6
Creditors: amounts falling due within one year
2023
2022
Other creditors
59,688
55,411
7
Average number of employees
During the year the average number of employees was 0 (2022: 0).