M.L.W. BELL RACING LIMITED

Company Registration Number:
02813098 (England and Wales)

Unaudited abridged accounts for the year ended 31 December 2023

Period of accounts

Start date: 01 January 2023

End date: 31 December 2023

M.L.W. BELL RACING LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2023

Balance sheet
Notes

M.L.W. BELL RACING LIMITED

Balance sheet

As at 31 December 2023


Notes

2023

2022


£

£
Fixed assets
Tangible assets: 3 156,100 180,380
Total fixed assets: 156,100 180,380
Current assets
Stocks: 186,500 222,500
Debtors:   511,855 697,877
Cash at bank and in hand: 242,012 287,666
Total current assets: 940,367 1,208,043
Creditors: amounts falling due within one year: 4 (328,229) (464,888)
Net current assets (liabilities): 612,138 743,155
Total assets less current liabilities: 768,238 923,535
Total net assets (liabilities): 768,238 923,535
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 768,138 923,435
Shareholders funds: 768,238 923,535

The notes form part of these financial statements

M.L.W. BELL RACING LIMITED

Balance sheet statements

For the year ending 31 December 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 01 August 2024
and signed on behalf of the board by:

Name: M Bell
Status: Director

The notes form part of these financial statements

M.L.W. BELL RACING LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Financial Reporting Standard 101

M.L.W. BELL RACING LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

2. Employees

2023 2022
Average number of employees during the period 42 41

M.L.W. BELL RACING LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

3. Tangible Assets

Total
Cost £
At 01 January 2023 269,924
At 31 December 2023 269,924
Depreciation
At 01 January 2023 89,544
Charge for year 24,280
At 31 December 2023 113,824
Net book value
At 31 December 2023 156,100
At 31 December 2022 180,380

M.L.W. BELL RACING LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

4. Creditors: amounts falling due within one year note

Trade Creditors 298,041VAT 21,510Directors Loan 8678