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Simon Pearce Racing Ltd

Unaudited Financial Statements

for the Year Ended 31 December 2023






Simon Pearce Racing Ltd (Registered number: 11826624)






Contents of the Financial Statements
for the Year Ended 31 December 2023




Page

Balance Sheet 1


Simon Pearce Racing Ltd (Registered number: 11826624)

Balance Sheet
31 December 2023

31.12.23 31.12.22
£    £    £    £   
FIXED ASSETS 4,023 5,194

CURRENT ASSETS 73,452 85,778

CREDITORS
Amounts falling due within one year (53,134 ) (54,983 )
NET CURRENT ASSETS 20,318 30,795
TOTAL ASSETS LESS CURRENT LIABILITIES 24,341 35,989

CREDITORS
Amounts falling due after more than one
year

24,167

35,267
NET ASSETS 174 722

CAPITAL AND RESERVES 174 722

NOTES TO THE FINANCIAL STATEMENTS

1. STATUTORY INFORMATION

Simon Pearce Racing Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 11826624

Registered office: Wroughton House
37 Old Station Road
Newmarket
Suffolk
CB8 8DT

The presentation currency of the financial statements is the Pound Sterling (£).


2. AVERAGE NUMBER OF EMPLOYEES

The average number of employees during the year was 4 (2022 - 5 ) .

Simon Pearce Racing Ltd (Registered number: 11826624)

Balance Sheet - continued
31 December 2023

NOTES TO THE FINANCIAL STATEMENTS

3. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 December 2023 and 31 December 2022:

31.12.23 31.12.22
£    £   
S Pearce
Balance outstanding at start of year 18,030 -
Amounts advanced 4,930 18,030
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 22,960 18,030

Interest has been charged on the overdrawn Directors loan account at the agreed HMRC rate.



The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2023.

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 director acknowledges his responsibilities for:
(a)ensuring that the company keeps 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 Sections 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.

The financial statements have been prepared in accordance with the micro-entity provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the director and authorised for issue on 31 October 2024 and were signed by:





S Pearce - Director