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Company registration number: 08863698
Simon Wright Racing Developments Limited
Unaudited filleted financial statements
31 December 2023
Simon Wright Racing Developments Limited
Contents
Directors and other information
Accountants report
Statement of financial position and notes to the financial statements
Simon Wright Racing Developments Limited
Directors and other information
Director Mr. Simon Wright
Company number 08863698
Registered office Tilehouse Farm
Newmarket Road
Stretham
Cambridgeshire
CB6 3LJ
Business address Tilehouse Farm
Newmarket Road
Stretham
Cambridgeshire
CB6 3LJ
Accountants PCG Accountants Limited
9 Cambridgeshire Close
Ely
Cambridgeshire
CB6 3BX
Simon Wright Racing Developments Limited
Report to the director on the preparation of the
unaudited statutory financial statements of Simon Wright Racing Developments Limited
Year ended 31 December 2023
As described on the statement of financial position, the director of the company is responsible for the preparation of the financial statements for the year ended 31 December 2023 which comprise the statement of financial position and related notes.
You consider that the company is exempt from an audit under the Companies Act 2006. In accordance with your instructions we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and from information and explanations supplied to us.
PCG Accountants Limited
9 Cambridgeshire Close
Ely
Cambridgeshire
CB6 3BX
14 September 2024
Simon Wright Racing Developments Limited
Statement of financial position
31 December 2023
2023 2022
£ £
Fixed assets 15,032 20,044
_______ _______
Current assets 158,829 148,202
Creditors: amounts falling due within one year ( 112,679) ( 98,725)
_______ _______
Net current assets 46,150 49,477
_______ _______
Total assets less current liabilities 61,182 69,521
Creditors: amounts falling due after more than one year ( 22,914) ( 31,231)
Accruals and deferred income ( 2,262) ( 2,469)
_______ _______
Net assets 36,006 35,821
_______ _______
Capital and reserves 36,006 35,821
_______ _______
Notes to the financial statements
Simon Wright Racing Developments Limited
Year ended 31 December 2023
1. Employee numbers
The average number of persons employed by the company during the year amounted to 4 (2022: 4 ).
2. Directors advances, credits and guarantees
During the year the director entered into the following advances and credits with the company:
2023
Balance brought forward Advances /(credits) to the director Amounts repaid Balance o/standing
£ £ £ £
Mr. Simon Wright 8,958 ( 103) ( 8,958) ( 103)
_______ _______ _______ _______
2022
Balance brought forward Advances /(credits) to the director Amounts repaid Balance o/standing
£ £ £ £
Mr. Simon Wright ( 2,868) 8,958 2,868 8,958
_______ _______ _______ _______
For the year ending 31 December 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors responsiblities:
- The member has not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The financial statements have been prepared in accordance with the micro-entity provisions and have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.
These financial statements were approved by the board of directors and authorised for issue on 14 September 2024 , and are signed on behalf of the board by:
Mr. Simon Wright
Director
Company registration number: 08863698
The company is a private company limited by shares, registered in United Kingdom.