SPEED CAPITAL LTD

Company Registration Number:
12014013 (England and Wales)

Unaudited micro entity accounts for the year ended 31 March 2023

Period of accounts

Start date: 01 April 2022

End date: 31 March 2023

SPEED CAPITAL LTD

Contents of the Financial Statements

for the Period Ended 31 March 2023

Company Information - 3
Profit and Loss Account - 4
Balance sheet - 5
Footnotes to the Balance Sheet - 7

SPEED CAPITAL LTD

Company Information

for the Period Ended 31 March 2023




Director: David Slingsby Perel
Registered office: 128
City Road
London
GBR
EC1V 2NX
Company Registration Number: 12014013 (England and Wales)

SPEED CAPITAL LTD

Profit and Loss Account

for the Period Ended 31 March 2023


2023
£

2022
£
Turnover 597,266 559,252
Income from coronavirus (COVID-19) business support grants 0 0
Other Income 0 0
Cost of Materials ( 377,784 ) ( 266,299 )
Staff Costs ( 144,596 ) ( 138,140 )
Depreciation and Writeoffs ( 1,691 ) ( 1,691 )
Other charges ( 80,253 ) ( 99,821 )
Tax on Profit ( 0 ) ( 11,287 )
Profit or (Loss) for Period ( 7,058 ) 42,014

SPEED CAPITAL LTD

Balance sheet

As at 31 March 2023


2023
£

2022
£
Fixed Assets: 6,617 3,410
Current assets: 223,209 252,215
Prepayments and accrued income: 0 0
Creditors: amounts falling due within one year: ( 126,546 ) ( 114,293 )
Net current assets (liabilities): 96,663 137,922
Total assets less current liabilities: 103,280 141,332
Creditors: amounts falling due after more than one year: ( 4,085 ) ( 950 )
Provision for liabilities: ( 0 ) ( 0 )
Accruals and deferred income: ( 0 ) ( 0 )
Total net assets (liabilities): 99,195 140,382
Capital and reserves: 99,195 140,382

SPEED CAPITAL LTD

Balance sheet continued

For the year ending 31 March 2023 the company was entitled to exemption 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 directors acknowledge their 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 of the small companies regime applicable to micro-entities.

This report was approved by the board of directors on 22 February 2024
And Signed On Behalf Of The Board By:

Name: David Slingsby Perel
Status: Director

The notes form part of these financial statements

SPEED CAPITAL LTD

Footnotes to the Financial Statements

for the Period Ended 31 March 2023

  • 1. Employee Information

    Average number of employees: 3

SPEED CAPITAL LTD

Footnotes to the Financial Statements

for the Period Ended 31 March 2023

  • 2. Off balance sheet disclosure

    No