2024-04-06 08016892 2025-04-05 08016892 2024-04-06 2025-04-05 08016892 2024-04-05 08016892 2023-04-06 2024-04-05 08016892 uk-core:WithinOneYear 2024-04-05 08016892 uk-core:WithinOneYear 2025-04-05 08016892 uk-core:ShareCapital 2025-04-05 08016892 uk-core:ShareCapital 2024-04-05 08016892 uk-core:RetainedEarningsAccumulatedLosses 2025-04-05 08016892 uk-core:RetainedEarningsAccumulatedLosses 2024-04-05 08016892 uk-bus:Director1 2024-04-06 2025-04-05 08016892 uk-core:PlantMachinery 2024-04-06 2025-04-05 08016892 uk-core:OfficeEquipment 2024-04-06 2025-04-05 08016892 uk-core:CommercialMotorVehicles 2024-04-06 2025-04-05 08016892 uk-core:FurnitureFittings 2024-04-06 2025-04-05 08016892 uk-core:OfficeEquipment 2024-04-05 08016892 uk-core:FurnitureFittings 2024-04-05 08016892 uk-core:CommercialMotorVehicles 2024-04-05 08016892 uk-core:PlantMachinery 2024-04-05 08016892 uk-core:CommercialMotorVehicles 2025-04-05 08016892 uk-core:FurnitureFittings 2025-04-05 08016892 uk-core:OfficeEquipment 2025-04-05 08016892 uk-core:PlantMachinery 2025-04-05 iso4217:GBP xbrli:pure 08016892 uk-bus:AuditExemptWithAccountantsReport 2024-04-06 2025-04-05 08016892 uk-bus:FRS102 2024-04-06 2025-04-05 08016892 uk-bus:FilletedAccounts 2024-04-06 2025-04-05 08016892 uk-bus:PrivateLimitedCompanyLtd 2024-04-06 2025-04-05
Amber Motorsports Ltd
Registered Number:08016892
For the year ended 05 April 2025
England and Wales
Unaudited Financial Statements
2
For the year ended 05 April 2025
Amber Motorsports Ltd
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
3
Registered Number :
08016892
As at 05 April 2025
Amber Motorsports Ltd
Statement of Financial Position
£
£
2024
2025
Notes
Fixed assets
Property, plant and equipment
9,064
10,541
2
9,064
10,541
Current assets
Inventories
2,041
1,098
3
Trade and other receivables
1,981
3,246
4
13,853
Cash and cash equivalents
23,533
27,877
17,875
Trade and other payables: amounts falling due within one year
(20,434)
(28,173)
5
(2,559)
(296)
Net current liabilities
Total assets less current liabilities
8,768
7,982
8,768
Net assets
7,982
Capital and reserves
Called up share capital
3
3
Retained earnings
8,765
7,979
8,768
7,982
Shareholders' funds
For the year ended 05 April 2025 the company was entitled to exemption from audit under Section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit of its financial statements for the year ended 05 April 2025 in accordance with Section 476 of the Companies Act 2006
The directors acknowledge their responsibilities for:a) ensuring that the company keeps proper 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 Section 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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Mr M Haddon Director
These financial statements were approved and authorised for issue by the Board on 28 May 2025 and were signed by:
The notes form part of these financial statements
1 of 3
4
For the year ended 05 April 2025
Amber Motorsports Ltd
Notes to the Financial Statements
Statutory Information
Amber Motorsports Ltd is a private limited company, limited by shares, domiciled in England and Wales, registration number 08016892.
Principal place of business:
Unit 5
Dorset Road
Sheerness
Kent
ME12 1LP
Registered address:
3 Conqueror Court
Sittingbourne
Kent
ME10 5BH
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial Reporting Standard 102 'The
Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have
been prepared under the historical costs convention as modified by the revaluation of certain assets.
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Property, plant and equipment
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Plant and machinery
25% Reducing balance
25% Reducing balance
Computer equipment
25% Reducing balance
Motor vehicles
25% Reducing balance
Fixtures and fittings
Inventories
Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.
Hire purchase and leasing commitments
Rentals payable under operating leases are charged against income on a straight line basis over the lease term.
2 of 3
5
For the year ended 05 April 2025
Amber Motorsports Ltd
Notes to the Financial Statements Continued
2. Property, plant and equipment
Total
Computer
equipment
Fixtures and
fittings
Motor vehicles
Plant and
machinery
£
£
£
£
£
Cost or valuation
At 06 April 2024
138,529
1,415
-
2,700
134,414
1,547
-
133
-
1,414
Additions
At 05 April 2025
2,700
133
1,415
140,076
135,828
Provision for depreciation and impairment
At 06 April 2024
127,988
702
-
2,485
124,801
Charge for year
3,024
179
33
54
2,758
At 05 April 2025
131,012
881
33
2,539
127,559
At 05 April 2025
Net book value
8,269
161
100
534
9,064
At 05 April 2024
9,613
215
-
713
10,541
3. Inventories
2024
2025
£
£
Stocks
1,098
2,041
4. Trade and other receivables
2024
2025
£
£
Trade debtors
1,257
-
Other debtors
1,989
1,981
1,981
3,246
5. Trade and other payables: amounts falling due within one year
2024
2025
£
£
Taxation and social security
4,837
5,507
Other creditors
23,336
14,927
28,173
20,434
6. Average number of persons employed
During the year the average number of employees was 4 (2024 : 4)
3 of 3