REINDEER RACER LIMITED

Company Registration Number:
07937826 (England and Wales)

Unaudited abridged accounts for the year ended 31 October 2023

Period of accounts

Start date: 01 November 2022

End date: 31 October 2023

REINDEER RACER LIMITED

Contents of the Financial Statements

for the Period Ended 31 October 2023

Balance sheet
Notes

REINDEER RACER LIMITED

Balance sheet

As at 31 October 2023


Notes

2023

2022


£

£
Fixed assets
Tangible assets: 3 183,301 170,142
Total fixed assets: 183,301 170,142
Current assets
Stocks: 17,225 16,820
Debtors:   566,422 150,006
Cash at bank and in hand: 136,289 379,949
Total current assets: 719,936 546,775
Creditors: amounts falling due within one year: 4 (193,024) (160,267)
Net current assets (liabilities): 526,912 386,508
Total assets less current liabilities: 710,213 556,650
Creditors: amounts falling due after more than one year: 5 (19,617) (29,617)
Total net assets (liabilities): 690,596 527,033
Capital and reserves
Called up share capital: 1 1
Profit and loss account: 690,595 527,032
Shareholders funds: 690,596 527,033

The notes form part of these financial statements

REINDEER RACER LIMITED

Balance sheet statements

For the year ending 31 October 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 31 July 2024
and signed on behalf of the board by:

Name: R Kayes
Status: Director

The notes form part of these financial statements

REINDEER RACER LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2023

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

REINDEER RACER LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2023

2. Employees

2023 2022
Average number of employees during the period 18 12

REINDEER RACER LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2023

3. Tangible Assets

Total
Cost £
At 01 November 2022 479,430
Additions 50,000
At 31 October 2023 529,430
Depreciation
At 01 November 2022 309,288
Charge for year 36,841
At 31 October 2023 346,129
Net book value
At 31 October 2023 183,301
At 31 October 2022 170,142

REINDEER RACER LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2023

4. Creditors: amounts falling due within one year note

Bank loans £20,712, Corporation tax £86,871, Social security and other taxes £47,571, Other creditors £37,870.Total £193,024.

REINDEER RACER LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2023

5. Creditors: amounts falling due after more than one year note

Bank loans £15,833, Other creditors £3,784. Total £19,617.