Registered number
05321219
GTSA Racing Ltd
Filleted Accounts
31 December 2024
GTSA Racing Ltd
Registered number: 05321219
Balance Sheet
as at 31 December 2024
Notes 2024 2023
£ £
Fixed assets
Tangible assets 3 3,040 3,800
Current assets
Cash at bank and in hand 33,061 33,392
Creditors: amounts falling due within one year 4 (350) (34)
Net current assets 32,711 33,358
Net assets 35,751 37,158
Capital and reserves
Profit and loss account 35,751 37,158
Shareholder's funds 35,751 37,158
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
J Wiseman
Director
Approved by the board on 26 June 2025
GTSA Racing Ltd
Notes to the Accounts
for the year ended 31 December 2024
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 0 0
3 Tangible fixed assets
Plant and machinery etc
£
Cost
At 1 January 2024 4,750
At 31 December 2024 4,750
Depreciation
At 1 January 2024 950
Charge for the year 760
At 31 December 2024 1,710
Net book value
At 31 December 2024 3,040
At 31 December 2023 3,800
4 Creditors: amounts falling due within one year 2024 2023
£ £
Taxation and social security costs - (316)
Other creditors 350 350
350 34
5 Other information
GTSA Racing Ltd is a private company limited by guarantee without share capital and incorporated in England. Its registered office is:
1 Inglenook
Andrews Road
Southwater
West Sussex
RH13 9EU
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