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|
|
|
|
|
|
|
|
Statement of Financial Position |
|
2024 |
2023 |
||
|
Note |
£ |
£ |
£ |
|
Tangible assets |
4 |
|
|
|
|
Debtors |
5 |
|
|
|
|
Cash at bank and in hand |
|
|
||
|
--------- |
-------- |
|||
|
|
|
|||
|
Creditors: amounts falling due within one year |
6 |
|
|
|
|
--------- |
--------- |
|||
|
Net current assets/(liabilities) |
|
(
|
||
|
--------- |
--------- |
|||
|
Total assets less current liabilities |
|
|
||
|
Creditors: amounts falling due after more than one year |
7 |
|
– |
|
|
Taxation including deferred tax |
|
|
|
|
--------- |
-------- |
||
|
Net assets |
|
|
|
|
--------- |
-------- |
||
|
Called up share capital |
|
|
|
|
Profit and loss account |
|
|
|
|
--------- |
-------- |
||
|
Shareholders funds |
|
|
|
|
--------- |
-------- |
||
|
|
|
Statement of Financial Position (continued) |
|
|
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|
Director |
|
|
|
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Notes to the Financial Statements |
|
Short leasehold property |
- |
|
|
|
Plant and Machinery |
- |
|
|
|
Fixtures and Fittings |
- |
|
|
|
Racecars |
- |
|
|
|
Land and buildings |
Plant and machinery |
Fixtures and fittings |
Racecars |
Total |
|
|
£ |
£ |
£ |
£ |
£ |
|
|
Cost |
|||||
|
At 1 January 2024 |
|
|
– |
|
|
|
Additions |
– |
|
|
|
|
|
------- |
-------- |
-------- |
--------- |
--------- |
|
|
At 31 December 2024 |
|
|
|
|
|
|
------- |
-------- |
-------- |
--------- |
--------- |
|
|
Depreciation |
|||||
|
At 1 January 2024 |
|
|
– |
|
|
|
Charge for the year |
|
|
|
|
|
|
------- |
-------- |
-------- |
--------- |
--------- |
|
|
At 31 December 2024 |
|
|
|
|
|
|
------- |
-------- |
-------- |
--------- |
--------- |
|
|
Carrying amount |
|||||
|
At 31 December 2024 |
|
|
|
|
|
|
------- |
-------- |
-------- |
--------- |
--------- |
|
|
At 31 December 2023 |
|
|
– |
|
|
|
------- |
-------- |
-------- |
--------- |
--------- |
|
|
2024 |
2023 |
|
|
£ |
£ |
|
|
Trade debtors |
|
– |
|
Other debtors |
|
|
|
--------- |
-------- |
|
|
|
|
|
|
--------- |
-------- |
|
|
2024 |
2023 |
|
|
£ |
£ |
|
|
Bank loans and overdrafts |
|
– |
|
Trade creditors |
|
|
|
Social security and other taxes |
|
– |
|
Other creditors |
|
|
|
--------- |
--------- |
|
|
|
|
|
|
--------- |
--------- |
|
|
2024 |
2023 |
|
|
£ |
£ |
|
|
Bank loans and overdrafts |
|
– |
|
Other creditors |
|
– |
|
--------- |
---- |
|
|
|
– |
|
|
--------- |
---- |
|
|
2024 |
||||
|
Balance brought forward |
Advances/ (credits) to the director |
Balance outstanding |
||
|
£ |
£ |
£ |
||
|
|
– |
(
|
(
|
|
|
---- |
---- |
---- |
||
|
2023 |
||||
|
Balance brought forward |
Advances/ (credits) to the director |
Balance outstanding |
||
|
£ |
£ |
£ |
||
|
|
– |
– |
– |
|
|
---- |
---- |
---- |
||