2023-01-01 14072494 2023-12-31 14072494 2023-01-01 2023-12-31 14072494 2022-12-31 14072494 2022-04-26 2022-12-31 14072494 uk-core:WithinOneYear 2022-12-31 14072494 uk-core:WithinOneYear 2023-12-31 14072494 uk-core:ShareCapital 2023-12-31 14072494 uk-core:ShareCapital 2022-12-31 14072494 uk-core:RetainedEarningsAccumulatedLosses 2023-12-31 14072494 uk-core:RetainedEarningsAccumulatedLosses 2022-12-31 14072494 uk-bus:Director1 2023-01-01 2023-12-31 14072494 uk-core:PlantMachinery 2023-01-01 2023-12-31 14072494 uk-core:CommercialMotorVehicles 2023-01-01 2023-12-31 14072494 uk-core:FurnitureFittings 2023-01-01 2023-12-31 14072494 uk-core:PlantMachinery 2023-12-31 14072494 uk-core:CommercialMotorVehicles 2023-12-31 14072494 uk-core:FurnitureFittings 2023-12-31 iso4217:GBP xbrli:pure 14072494 uk-bus:AuditExemptWithAccountantsReport 2023-01-01 2023-12-31 14072494 uk-bus:FRS102 2023-01-01 2023-12-31 14072494 uk-bus:FilletedAccounts 2023-01-01 2023-12-31 14072494 uk-bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31
Whitsun Motorsport Ltd
Registered Number:14072494
For the year ended 31 December 2023
England and Wales
Unaudited Financial Statements
2
For the year ended 31 December 2023
Whitsun Motorsport Ltd
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
3
Registered Number :
14072494
As at 31 December 2023
Whitsun Motorsport Ltd
Statement of Financial Position
£
£
2022
2023
Notes
Fixed assets
Property, plant and equipment
15,055
-
2
15,055
-
Current assets
Trade and other receivables
-
3,897
3
2
Cash and cash equivalents
2,357
6,254
2
Trade and other payables: amounts falling due within one year
-
(30,670)
4
2
(24,416)
Net current liabilities
Total assets less current liabilities
(9,361)
2
(9,361)
Net assets/liabilities
2
Capital and reserves
Called up share capital
2
2
Retained earnings
(9,363)
-
(9,361)
2
Shareholders' funds
For the year ended 31 December 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 of its financial statements for the year ended 31 December 2023 in accordance with Section 476 of the Companies Act 2006
The directors acknowledge their responsibilities for:a) ensuring that the company keeps proper accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
b) preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each
financial year and of its profit or loss for each financial year in accordance with the requirements of Section 394 and 395 and
which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as
applicable to the company.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Mr Daniel Thomas Hunter Director
These financial statements were approved and authorised for issue by the Board on 23 September 2024 and were signed by:
The notes form part of these financial statements
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4
For the year ended 31 December 2023
Whitsun Motorsport Ltd
Notes to the Financial Statements
Statutory Information
Whitsun Motorsport Ltd is a private limited company, limited by shares, domiciled in England and Wales, registration number
14072494.
Registered address:
Whitsun Brook Farm Stables
Hill Furze
Pershore
England
WR10 2NE
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial Reporting
Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.
The financial statements have been prepared under the historical costs convention.
The directors believe the preparation of the accounts on a going concern basis is appropriate. They have confirmed financial
support will be provided to enable the company to meet its ongoing financial liabilities. The policy was in effect for the
financial year and will remain in effect for a period ending no sooner than 12 months from the date the accounts are approved
by the board.
Property, plant and equipment
Property, plant and equipment, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Plant and Machinery
25% Reducing balance
25% Reducing balance
Motor Vehicles
25% Reducing balance
Furniture and Fittings
2. Property, plant and equipment
Total
Furniture and
Fittings
Motor Vehicles
Plant and
Machinery
£
£
£
£
Cost or valuation
20,007
507
5,250
14,250
Additions
At 31 December 2023
14,250
5,250
507
20,007
Provision for depreciation and impairment
Charge for year
4,952
76
1,313
3,563
At 31 December 2023
4,952
76
1,313
3,563
At 31 December 2023
Net book value
10,687
3,937
431
15,055
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5
For the year ended 31 December 2023
Whitsun Motorsport Ltd
Notes to the Financial Statements Continued
3. Trade and other receivables
2022
2023
£
£
Trade debtors
3,895
-
Other debtors
2
-
-
3,897
4. Trade and other payables: amounts falling due within one year
2022
2023
£
£
Trade creditors
1,269
-
Taxation and social security
543
-
Other creditors
28,858
-
30,670
-
5. Average number of persons employed
During the year the average number of employees was 2.
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