1 December 2022 false No description of principal activity Taxfiler 2024.5 08297045business:PrivateLimitedCompanyLtd2022-12-012023-11-30 082970452022-11-30 082970452022-12-012023-11-30 08297045business:AuditExempt-NoAccountantsReport2022-12-012023-11-30 08297045business:FilletedAccounts2022-12-012023-11-30 082970452023-11-30 08297045business:Director12022-12-012023-11-30 08297045business:Director22022-12-012023-11-30 08297045business:RegisteredOffice2022-12-012023-11-30 082970452022-11-30 08297045core:WithinOneYear2023-11-30 08297045core:WithinOneYear2022-11-30 08297045core:ShareCapitalcore:PreviouslyStatedAmount2023-11-30 08297045core:ShareCapitalcore:PreviouslyStatedAmount2022-11-30 08297045core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-11-30 08297045core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-11-30 08297045core:PreviouslyStatedAmount2023-11-30 08297045core:PreviouslyStatedAmount2022-11-30 08297045business:SmallEntities2022-12-012023-11-30 08297045countries:EnglandWales2022-12-012023-11-30 08297045core:PlantMachinery2022-12-012023-11-30 08297045core:FurnitureFittings2022-12-012023-11-30 08297045core:ComputerEquipment2022-12-012023-11-30 08297045core:PlantMachinery2022-11-30 08297045core:MotorVehicles2022-11-30 08297045core:FurnitureFittings2022-11-30 08297045core:ComputerEquipment2022-11-30 08297045core:MotorVehicles2022-12-012023-11-30 08297045core:PlantMachinery2023-11-30 08297045core:MotorVehicles2023-11-30 08297045core:FurnitureFittings2023-11-30 08297045core:ComputerEquipment2023-11-30 082970452021-12-012022-11-30 iso4217:GBP xbrli:pure
Company Registration No. 08297045 (England and Wales)
Greensall Motorsport Ltd Unaudited accounts for the year ended 30 November 2023
Greensall Motorsport Ltd Unaudited accounts Contents
Page
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Greensall Motorsport Ltd Company Information for the year ended 30 November 2023
Directors
N W Greensall N C Greensall
Company Number
08297045 (England and Wales)
Registered Office
Flat 3 John Forbes House 15 Pittville Crescent Cheltenham GL52 2QZ
Accountants
O'Meara Fitzmaurice & Co Brimstage Hall Brimstage Road Wirral CH63 6JA
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Greensall Motorsport Ltd Statement of financial position as at 30 November 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
103,327 
102,327 
Current assets
Cash at bank and in hand
91,895 
132,265 
Creditors: amounts falling due within one year
(156,339)
(165,698)
Net current liabilities
(64,444)
(33,433)
Net assets
38,883 
68,894 
Capital and reserves
Called up share capital
200 
200 
Profit and loss account
38,683 
68,694 
Shareholders' funds
38,883 
68,894 
For the year ending 30 November 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 29 August 2024 and were signed on its behalf by
N W Greensall Director Company Registration No. 08297045
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Greensall Motorsport Ltd Notes to the Accounts for the year ended 30 November 2023
1
Statutory information
Greensall Motorsport Ltd is a private company, limited by shares, registered in England and Wales, registration number 08297045. The registered office is Flat 3, John Forbes House, 15 Pittville Crescent, Cheltenham, GL52 2QZ.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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:
Plant & machinery
20% on reducing balance
Fixtures & fittings
15% on reducing balance
Computer equipment
20% on reducing balance
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At cost 
At 1 December 2022
16,080 
116,577 
1,599 
4,047 
138,303 
Additions
1,000 
- 
- 
- 
1,000 
At 30 November 2023
17,080 
116,577 
1,599 
4,047 
139,303 
Depreciation
At 1 December 2022
9,440 
23,527 
798 
2,211 
35,976 
At 30 November 2023
9,440 
23,527 
798 
2,211 
35,976 
Net book value
At 30 November 2023
7,640 
93,050 
801 
1,836 
103,327 
At 30 November 2022
6,640 
93,050 
801 
1,836 
102,327 
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Greensall Motorsport Ltd Notes to the Accounts for the year ended 30 November 2023
5
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
VAT
- 
11,310 
Trade creditors
- 
1,198 
Loans from directors
156,339 
153,190 
156,339 
165,698 
6
Average number of employees
During the year the average number of employees was 2 (2022: 2).
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