NINE-W RACE ENGINEERING LTD

Company Registration Number:
11713769 (England and Wales)

Unaudited abridged accounts for the year ended 31 December 2024

Period of accounts

Start date: 01 January 2024

End date: 31 December 2024

NINE-W RACE ENGINEERING LTD

Contents of the Financial Statements

for the Period Ended 31 December 2024

Balance sheet
Notes

NINE-W RACE ENGINEERING LTD

Balance sheet

As at 31 December 2024


Notes

2024

2023


£

£
Called up share capital not paid: 0 0
Fixed assets
Tangible assets: 3 25,304 27,856
Total fixed assets: 25,304 27,856
Current assets
Stocks: 3,200 4,800
Debtors:   46,779 57,101
Cash at bank and in hand: 245,815 173,263
Total current assets: 295,794 235,164
Creditors: amounts falling due within one year:   (89,309) (89,212)
Net current assets (liabilities): 206,485 145,952
Total assets less current liabilities: 231,789 173,808
Creditors: amounts falling due after more than one year:   (5,098) (16,059)
Provision for liabilities: (5,401) (5,836)
Total net assets (liabilities): 221,290 151,913
Capital and reserves
Called up share capital: 4 4
Profit and loss account: 221,286 151,909
Shareholders funds: 221,290 151,913

The notes form part of these financial statements

NINE-W RACE ENGINEERING LTD

Balance sheet statements

For the year ending 31 December 2024 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 17 February 2025
and signed on behalf of the board by:

Name: L Morris
Status: Director

The notes form part of these financial statements

NINE-W RACE ENGINEERING LTD

Notes to the Financial Statements

for the Period Ended 31 December 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

NINE-W RACE ENGINEERING LTD

Notes to the Financial Statements

for the Period Ended 31 December 2024

2. Employees

2024 2023
Average number of employees during the period 10 10

NINE-W RACE ENGINEERING LTD

Notes to the Financial Statements

for the Period Ended 31 December 2024

3. Tangible Assets

Total
Cost £
At 01 January 2024 77,747
Additions 6,165
At 31 December 2024 83,912
Depreciation
At 01 January 2024 49,891
Charge for year 8,717
At 31 December 2024 58,608
Net book value
At 31 December 2024 25,304
At 31 December 2023 27,856