Registered Number:14072494 |
For the year ended 31 December 2023
England and Wales
Unaudited Financial Statements
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
Whitsun Motorsport Ltd
Statement of Financial Position
2022
2023
Property, plant and equipment |
15,055
-
2
15,055
-
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
2
2
(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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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. |
Whitsun Brook Farm Stables
Hill Furze
Pershore
England
WR10 2NE
The presentation currency is £ sterling. |
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
Motor Vehicles
Furniture and Fittings
2. Property, plant and equipment |
Motor Vehicles
20,007
507
5,250
14,250
14,250
5,250
507
20,007
Provision for depreciation and impairment |
Charge for year
4,952
76
1,313
3,563
4,952
76
1,313
3,563
10,687
3,937
431
15,055
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For the year ended 31 December 2023
Whitsun Motorsport Ltd
Notes to the Financial Statements Continued
3. Trade and other receivables |
2022
2023
3,895
-
2
-
-
3,897
4. Trade and other payables: amounts falling due within one year |
2022
2023
1,269
-
Taxation and social security |
543
-
28,858
-
30,670
-
5. Average number of persons employed |
During the year the average number of employees was 2.
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