Company Registration No. 10995444 (England and Wales)
Windle Racing Ltd
Unaudited accounts
for the year ended 31 October 2023
Windle Racing Ltd
Unaudited accounts
Contents
Windle Racing Ltd
Company Information
for the year ended 31 October 2023
Directors
Peter Windle
Sarah Windle
Company Number
10995444 (England and Wales)
Registered Office
Moreton House
31 High Street
Buckingham
Buckinghamshire
MK18 1NU
England
Accountants
Anthistle Craven
Moreton House
31 High Street
Buckingham
Bucks
MK18 1NU
Windle Racing Ltd
Statement of financial position
as at 31 October 2023
Tangible assets
5,642
7,052
Cash at bank and in hand
1,604
13,350
Creditors: amounts falling due within one year
(5,898)
(12,442)
Net current (liabilities)/assets
(4,294)
908
Total assets less current liabilities
1,348
7,960
Creditors: amounts falling due after more than one year
(85)
(587)
Called up share capital
2
2
Profit and loss account
1,261
7,371
Shareholders' funds
1,263
7,373
For the year ending 31 October 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 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 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 of Directors and authorised for issue on 25 July 2024 and were signed on its behalf by
Peter Windle
Director
Company Registration No. 10995444
Windle Racing Ltd
Notes to the Accounts
for the year ended 31 October 2023
Windle Racing Ltd is a private company, limited by shares, registered in England and Wales, registration number 10995444. The registered office is Moreton House, 31 High Street, Buckingham, Buckinghamshire, MK18 1NU, England.
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:
Computer equipment
20% on reducing balance
The company is able to continue as a going concern due to financial support by the director P Windle.
4
Tangible fixed assets
Plant & machinery
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 November 2022
7,561
6,678
14,239
At 31 October 2023
7,561
6,678
14,239
At 1 November 2022
4,235
2,952
7,187
Charge for the year
665
745
1,410
At 31 October 2023
4,900
3,697
8,597
At 31 October 2023
2,661
2,981
5,642
At 31 October 2022
3,326
3,726
7,052
Windle Racing Ltd
Notes to the Accounts
for the year ended 31 October 2023
5
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
4,458
11,002
6
Creditors: amounts falling due after more than one year
2023
2022
Obligations under finance leases and hire purchase contracts
85
587
7
Average number of employees
During the year the average number of employees was 0 (2022: 0).