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REGISTERED NUMBER: 04131488 (England and Wales)















ABP MOTORSPORT LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025






ABP MOTORSPORT LIMITED (REGISTERED NUMBER: 04131488)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


ABP MOTORSPORT LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2025







DIRECTORS: Mrs S M Wilcox
K Sawford
S J Mountford
R A Broughton
D I Roberts





REGISTERED OFFICE: 416 Newcastle Road
Shavington
Crewe
Cheshire
CW2 5EB





REGISTERED NUMBER: 04131488 (England and Wales)






ABP MOTORSPORT LIMITED (REGISTERED NUMBER: 04131488)

BALANCE SHEET
31 MARCH 2025

2025 2024
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 26,043 28,756

CURRENT ASSETS
Stocks 26,989 28,125
Debtors 5 8,282 7,184
Cash at bank and in hand 324,795 209,256
360,066 244,565
CREDITORS
Amounts falling due within one year 6 214,578 199,945
NET CURRENT ASSETS 145,488 44,620
TOTAL ASSETS LESS CURRENT
LIABILITIES

171,531

73,376

PROVISIONS FOR LIABILITIES 6,511 7,189
NET ASSETS 165,020 66,187

CAPITAL AND RESERVES
Called up share capital 7 1,000 1,000
Profit and loss account 164,020 65,187
SHAREHOLDERS' FUNDS 165,020 66,187

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

ABP MOTORSPORT LIMITED (REGISTERED NUMBER: 04131488)

BALANCE SHEET - continued
31 MARCH 2025


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 Board of Directors and authorised for issue on 6 June 2025 and were signed on its behalf by:





K Sawford - Director


ABP MOTORSPORT LIMITED (REGISTERED NUMBER: 04131488)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

1. STATUTORY INFORMATION

ABP Motorsport 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.

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 represents net invoiced work done, excluding Value Added Tax.

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 - 33% on cost and 15% on reducing balance
Fixtures and fittings - 10% on cost

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.

Pension costs and other post-retirement benefits
The company makes contributions to employees' personal pension schemes. Contributions payable for the year are charged in the profit and loss account.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 10 (2024 - 10 ) .

ABP MOTORSPORT LIMITED (REGISTERED NUMBER: 04131488)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2025

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and
machinery fittings Totals
£    £    £   
COST
At 1 April 2024 84,774 9,793 94,567
Additions 4,467 - 4,467
Disposals (3,887 ) (341 ) (4,228 )
At 31 March 2025 85,354 9,452 94,806
DEPRECIATION
At 1 April 2024 58,819 6,992 65,811
Charge for year 5,919 934 6,853
Eliminated on disposal (3,581 ) (320 ) (3,901 )
At 31 March 2025 61,157 7,606 68,763
NET BOOK VALUE
At 31 March 2025 24,197 1,846 26,043
At 31 March 2024 25,955 2,801 28,756

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade debtors 2,067 9
Prepayments 6,215 7,175
8,282 7,184

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade creditors 38,655 35,144
Corporation tax 95,319 83,888
Social security and other taxes 38,505 41,074
Accrued expenses 42,099 39,839
214,578 199,945

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2025 2024
value: £    £   
1,000 Ordinary £1 1,000 1,000

8. OTHER FINANCIAL COMMITMENTS

The company has future operating lease commitments of £215,253 (2024 : £244,591).

ABP MOTORSPORT LIMITED (REGISTERED NUMBER: 04131488)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2025

9. RELATED PARTY DISCLOSURES

The company is a wholly owned subsidiary of SKSDR Ltd. The registered office and principal place of business of the parent company is 416 Newcastle Road, Shavington, Crewe, Cheshire, CW2 5EB.