Company registration number 04911659 (England and Wales)
HISTORIC MOTOR RACING LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2024
PAGES FOR FILING WITH REGISTRAR
HISTORIC MOTOR RACING LIMITED
COMPANY INFORMATION
Director
Mr R Maydon
Secretary
Mrs A Maydon
Company number
04911659
Registered office
35a Market Place
Olney
Buckinghamshire
UK
MK46 4AJ
Accountants
McShane Wright
2 College Street
Higham Ferrers
UK
NN10 8DZ
HISTORIC MOTOR RACING LIMITED
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2
HISTORIC MOTOR RACING LIMITED
BALANCE SHEET
AS AT 30 NOVEMBER 2024
30 November 2024
- 1 -
2024
2023
Notes
£
£
£
£
Current assets
-
-
Creditors: amounts falling due within one year
(1,983)
(1,983)
Net current liabilities
(1,983)
(1,983)
Capital and reserves
Called up share capital
1
1
Profit and loss reserves
(1,984)
(1,984)
Total equity
(1,983)
(1,983)
For the financial year ended 30 November 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
These 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, all of the members of the company have consented to the preparation of abridged financial statements pursuant to paragraph 1A of Schedule 1 to the Small Companies and Groups (Accounts and Directors’ Report) Regulations (SI 2008/409)(b).
The director of the company has elected not to include a copy of the profit and loss account within the financial statements.true
The financial statements were approved and signed by the director and authorised for issue on 23 July 2025
Mr R Maydon
Director
Company registration number 04911659 (England and Wales)
HISTORIC MOTOR RACING LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2024
- 2 -
1
Accounting policies
Company information
Historic Motor Racing Limited is a private company limited by shares incorporated in England and Wales. The registered office is 35a Market Place, Olney, Buckinghamshire, UK, MK46 4AJ.
1.1
Accounting convention
These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.
The financial statements have been prepared under the historical cost convention, [modified to include the revaluation of freehold properties and to include investment properties and certain financial instruments at fair value]. The principal accounting policies adopted are set out below.
2
Employees
The average monthly number of persons (including directors) employed by the company during the year was:
2024
2023
Number
Number
Total