REGISTERED NUMBER: 07916933 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 NOVEMBER 2024

FOR

GWS MOTORSPORT LIMITED

Page

Balance Sheet

1

FIXED ASSETS

18,511

18,823

CURRENT ASSETS

29,373

16,866

CREDITORS

Amounts falling due within one year

(11,780

)

(9,575

)

NET CURRENT ASSETS

17,593

7,291

TOTAL ASSETS LESS CURRENT LIABILITIES

36,104

26,114

CREDITORS

Amounts falling due after more than one year

430,000

445,000

NET LIABILITIES

(393,896

)

(418,886

)

CAPITAL AND RESERVES

(393,896

)

(418,886

)

NOTES TO THE FINANCIAL STATEMENTS

1.	STATUTORY INFORMATION

GWS Motorsport Limited 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:

07916933

Registered office:

13 Hursley Road

Chandler's Ford

Eastleigh

Hampshire

SO53 2FW

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 1 (2023 - 1 ) .

3.	GOING CONCERN

The director considers that, notwithstanding the company's negative net assets position, it is appropriate to prepare the accounts on a going concern basis as the company will be able to continue to meet its liabilities as they fall due, due to the continuing support of the director.

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2024 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 4 April 2025 and were signed by:

G W Sherwood - Director