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REGISTERED NUMBER: 08792491 (England and Wales)















RACE DATA UK LIMITED

Unaudited Financial Statements

for the Year Ended 30 November 2023






RACE DATA UK LIMITED (REGISTERED NUMBER: 08792491)






Contents of the Financial Statements
for the Year Ended 30 November 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


RACE DATA UK LIMITED

Company Information
for the Year Ended 30 November 2023







DIRECTOR: A Mott





REGISTERED OFFICE: Unit144C
Lydney Industrial Estate
Harbour Road
Lydney
Gloucester
GL15 4EJ





REGISTERED NUMBER: 08792491 (England and Wales)





ACCOUNTANTS: O'Brien & Partners
Accountants & Business Advisors
11 New Street
Pontnewydd
Cwmbran
NP44 1EE

RACE DATA UK LIMITED (REGISTERED NUMBER: 08792491)

Balance Sheet
30 November 2023

30.11.23 30.11.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 17,445 21,130

CURRENT ASSETS
Stocks 1,150 1,000
Debtors 5 70,168 47,328
Investments 6 - 20,030
Cash at bank 36,937 62,786
108,255 131,144
CREDITORS
Amounts falling due within one year 7 56,710 50,090
NET CURRENT ASSETS 51,545 81,054
TOTAL ASSETS LESS CURRENT
LIABILITIES

68,990

102,184

CREDITORS
Amounts falling due after more than one year 8 11,972 22,201
NET ASSETS 57,018 79,983

CAPITAL AND RESERVES
Called up share capital 150 150
Retained earnings 56,868 79,833
SHAREHOLDERS' FUNDS 57,018 79,983

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 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 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 22 November 2024 and were signed by:





A Mott - Director


RACE DATA UK LIMITED (REGISTERED NUMBER: 08792491)

Notes to the Financial Statements
for the Year Ended 30 November 2023

1. STATUTORY INFORMATION

Race Data UK Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

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


2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 15% on reducing balance
Fixtures and fittings - 15% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 1 ) .

RACE DATA UK LIMITED (REGISTERED NUMBER: 08792491)

Notes to the Financial Statements - continued
for the Year Ended 30 November 2023

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and
machinery fittings Totals
£    £    £   
COST
At 1 December 2022 23,136 11,770 34,906
Additions - 16 16
At 30 November 2023 23,136 11,786 34,922
DEPRECIATION
At 1 December 2022 8,932 4,844 13,776
Charge for year 2,662 1,039 3,701
At 30 November 2023 11,594 5,883 17,477
NET BOOK VALUE
At 30 November 2023 11,542 5,903 17,445
At 30 November 2022 14,204 6,926 21,130

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.23 30.11.22
£    £   
Trade debtors 24,961 6,175
Other debtors 45,207 41,153
70,168 47,328

6. CURRENT ASSET INVESTMENTS
30.11.23 30.11.22
£    £   
Listed investments - 20,030

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.23 30.11.22
£    £   
Bank loans and overdrafts 11,405 11,112
Trade creditors 36,924 24,004
Taxation and social security 5,402 9,648
Other creditors 2,979 5,326
56,710 50,090

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
30.11.23 30.11.22
£    £   
Bank loans 11,972 22,201

RACE DATA UK LIMITED (REGISTERED NUMBER: 08792491)

Notes to the Financial Statements - continued
for the Year Ended 30 November 2023

9. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 November 2023 and 30 November 2022:

30.11.23 30.11.22
£    £   
A Mott
Balance outstanding at start of year 32,183 8,009
Amounts advanced 21,949 35,274
Amounts repaid (19,100 ) (11,100 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 35,032 32,183