Raceahead Event Services Limited 09992421 Timing of sporting events false 1 April 2023 09992421 2023-04-01 2024-03-31 09992421 2023-03-31 09992421 2024-03-31 09992421 2022-04-01 2023-03-31 09992421 2022-03-31 09992421 2023-03-31 09992421 frs102-bus:FRS102 2023-04-01 2024-03-31 09992421 frs102-bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 09992421 frs102-bus:FullAccounts 2023-04-01 2024-03-31 09992421 frs102-bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 09992421 frs102-core:CurrentFinancialInstruments 2024-03-31 09992421 frs102-core:CurrentFinancialInstruments 2023-03-31 09992421 frs102-core:Non-currentFinancialInstruments 2024-03-31 09992421 frs102-core:Non-currentFinancialInstruments 2023-03-31 09992421 frs102-core:ShareCapital 2024-03-31 09992421 frs102-core:ShareCapital 2023-03-31 09992421 frs102-core:RetainedEarningsAccumulatedLosses 2024-03-31 09992421 frs102-core:RetainedEarningsAccumulatedLosses 2023-03-31 09992421 frs102-bus:Director1 2023-04-01 2024-03-31 09992421 frs102-core:OwnedAssets 2023-04-01 2024-03-31 09992421 frs102-core:OwnedAssets 2022-04-01 2023-03-31 09992421 frs102-core:NetGoodwill 2023-03-31 09992421 frs102-core:NetGoodwill 2024-03-31 09992421 frs102-core:NetGoodwill 2023-04-01 2024-03-31 09992421 frs102-core:NetGoodwill 2023-03-31 09992421 frs102-core:Non-standardPPEClass3ComponentTotalPropertyPlantEquipment 2023-03-31 09992421 frs102-core:Vehicles 2023-03-31 09992421 frs102-core:PlantMachinery 2023-03-31 09992421 frs102-core:Non-standardPPEClass3ComponentTotalPropertyPlantEquipment 2023-04-01 2024-03-31 09992421 frs102-core:Vehicles 2023-04-01 2024-03-31 09992421 frs102-core:PlantMachinery 2023-04-01 2024-03-31 09992421 frs102-core:Non-standardPPEClass3ComponentTotalPropertyPlantEquipment 2024-03-31 09992421 frs102-core:Vehicles 2024-03-31 09992421 frs102-core:PlantMachinery 2024-03-31 09992421 frs102-core:Non-standardPPEClass3ComponentTotalPropertyPlantEquipment 2023-03-31 09992421 frs102-core:Vehicles 2023-03-31 09992421 frs102-core:PlantMachinery 2023-03-31 xbrli:pure iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares
Registered number
09992421
Raceahead Event Services Limited
Unaudited Accounts
for the year ended
31 March 2024
Raceahead Event Services Limited
Balance Sheet
as at 31 March 2024
Notes
2024
£
2023
£
Fixed assets
Intangible assets 5 6,000 12,000
Tangible assets 6 53,622 41,126
59,622 53,126
Current assets
Debtors 7 46,431 146,644
Cash at bank and in hand 465,161 206,534
511,592 353,178
Creditors: amounts falling due within one year 8 (140,914) (118,182)
Net current assets / (liabilities) 370,678 234,996
Total assets less current liabilities 430,300 288,122
Creditors: amounts falling due after more than one year 9 (10,000) (10,000)
Provisions for liabilities (0) (0)
Total net assets (liabilities) 420,300 278,122
Capital and reserves
Called up share capital 100 100
Profit and loss account 420,200 278,022
Shareholders' funds 420,300 278,122

Raceahead Event Services Limited
Balance Sheet
as at 31 March 2024



These accounts have been prepared and delivered in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

The directors have not delivered a copy of the company's Profit and Loss account as permitted by s444(5A) of the Companies Act 2006.

For the year ending 31 March 2024 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.

Signed on behalf of the board of directors

...............................

Mr G Hancock

Director


Approved by the board on 20 August 2024

Company Number: 09992421 (a Private Company Limited by Shares registered in England and Wales)

Registered Office:

3 Ringswell Gardens
Bath
BA1 6BN
England

Raceahead Event Services Limited
Notes to the Accounts
for the year ended 31 March 2024

1. Accounting policies

Basis of preparation of financial statements
These financial statements have been prepared under the historic cost convention in accordance with the accounting policies set out below and with section 1A of FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland, and the Companies Act 2006. The presentation currency is sterling.
2. Profit or loss

Profit before tax is stated after charging the following:

2024

2023
£ £
Depreciation - owned assets 13,728 13,635
Amortisation of goodwill 6,000 6,000
Directors' remuneration 24,200 26,400

3. Taxation
2024 2023
£ £
UK Corporation Tax 47,724 26,900
Tax on profit/(loss) on ordinary activities 47,724 26,900

4. Employees
2024 2023
Average number of employees during the period 5 5

5. Intangible fixed assets
Goodwill Total
Cost £ £
At 1 April 2023 30,000 30,000
At 31 March 2024 30,000 30,000
Amortisation
At 1 April 2023 18,000 18,000
Provided during the period 6,000 6,000
At 31 March 2024 24,000 24,000
Net book value
At 31 March 2024 6,000 6,000
At 31 March 2023 12,000 12,000

6. Tangible fixed assets
Fixtures, fittings, tools & equipment Vehicles Plant & machinery Total
Cost or valuation £ £ £ £
At 1 April 2023 73,572 17,500 2,700 93,772
Additions 0 23,175 3,800 26,975
Disposals (0) (0) (2,700) (2,700)
At 31 March 2024 73,572 40,675 3,800 118,047
Depreciation
At 1 April 2023 43,239 7,656 1,751 52,646
Charge for the period 7,529 5,841 358 13,728
On disposals (0) (0) (1,949) (1,949)
At 31 March 2024 50,768 13,497 160 64,425
Net book value
At 31 March 2024 22,804 27,178 3,640 53,622
At 31 March 2023 30,333 9,844 949 41,126

7. Debtors
2024 2023
£ £
Trade debtors 46,431 146,644
46,431 146,644

8. Creditors: amounts falling due within one year
2024 2023
£ £
Trade creditors 44,590 45,381
Taxation & social security 87,028 63,434
Other creditors 9,296 9,367
140,914 118,182

9. Creditors: amounts falling due after one year
2024 2023
£ £
Other 10,000 10,000
10,000 10,000

10. Dividends
2024 2023
£ £
Total dividend payment 22,200 15,600