Company registration number 03009494 (England and Wales)
MOTORSPORTS DESIGN CONSULTANTS LTD
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024
PAGES FOR FILING WITH REGISTRAR
MOTORSPORTS DESIGN CONSULTANTS LTD
BALANCE SHEET
AS AT 31 OCTOBER 2024
31 October 2024
- 1 -
2024
2023
£
£
£
£
Fixed assets
258,811
258,811
Current assets
33,356
33,356
Creditors: amounts falling due within one year
(11,818)
(11,818)
Net current assets
21,538
21,538
Total assets less current liabilities
280,349
280,349
Creditors: amounts falling due after more than one year
(620,098)
(620,098)
Net liabilities
(339,749)
(339,749)
Capital and reserves
(339,749)
(339,749)
MOTORSPORTS DESIGN CONSULTANTS LTD
BALANCE SHEET (CONTINUED)
AS AT 31 OCTOBER 2024
31 October 2024
- 2 -
Notes to the financial statements
1
Employees
The average number of persons, including directors, employed by the company during the year was as follows:
2024
2023
Number
Number
Employees
3
3
2
Going Concern
The financial statements have been prepared on a going concern basis. The director considers the basis to be appropriate despite the fact that the balance sheet shows net liabilities at 31 October 2024.
Motorsports Design Consultants Ltd is a private company limited by shares incorporated in England and Wales. The registered office is Phoenix House, 2 Phoenix Park, Eaton Socon, St Neots, Cambridgeshire, PE19 8EP.
For the year ended 31 October 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
The member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.
These financial statements have been prepared in accordance with the micro-entity provisions and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime' and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The financial statements were approved by the board of directors and authorised for issue on 11 February 2025 and are signed on its behalf by:
Mr Louis Huidekoper
Mr H Lantsheer
Director
Company Registration Number 03009494