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STORMING CAMEL MOTORSPORT LTD

Registered Number
13490564
(England and Wales)

Unaudited Financial Statements for the Year ended
31 December 2024

STORMING CAMEL MOTORSPORT LTD
Company Information
for the year from 1 January 2024 to 31 December 2024

Directors

GROVE, Niki
TURNER, Carlo Grenville

Registered Address

11 Mulberry Close
Meopham
Gravesend
DA13 0EP

Registered Number

13490564 (England and Wales)
STORMING CAMEL MOTORSPORT LTD
Balance Sheet as at
31 December 2024

Notes

2024

2023

£

£

£

£

Fixed assets
Tangible assets337,06336,843
37,06336,843
Current assets
Debtors63244
Cash at bank and on hand2041,023
2671,267
Creditors amounts falling due within one year(74,565)(75,345)
Net current assets (liabilities)(74,298)(74,078)
Total assets less current liabilities(37,235)(37,235)
Net assets(37,235)(37,235)
Capital and reserves
Called up share capital100100
Profit and loss account(37,335)(37,335)
Shareholders' funds(37,235)(37,235)
The financial statements were approved and authorised for issue by the Board of Directors on 30 May 2025, and are signed on its behalf by:
GROVE, Niki
Director
Registered Company No. 13490564
STORMING CAMEL MOTORSPORT LTD
Notes to the Financial Statements
for the year ended 31 December 2024

1.Accounting policies
Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
Statement of compliance
The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.
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).
Turnover policy
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services.
Tangible fixed assets and depreciation
All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:

Straight line (years)
Office Equipment4
2.Average number of employees

20242023
Average number of employees during the year00
3.Tangible fixed assets

Total

£
Cost or valuation
At 01 January 2437,189
Additions591
At 31 December 2437,780
Depreciation and impairment
At 01 January 24345
Charge for year372
At 31 December 24717
Net book value
At 31 December 2437,063
At 31 December 2336,843