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REGISTERED NUMBER: 12671015 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 June 2025

for

Road To Race Ltd

Road To Race Ltd (Registered number: 12671015)






Contents of the Financial Statements
for the Year Ended 30 June 2025




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


Road To Race Ltd

Company Information
for the Year Ended 30 June 2025







DIRECTOR: S Partridge





REGISTERED OFFICE: Unit 15 Crow Hill Farm
Ravensden Road, Wilden
Bedford
MK44 2QS





REGISTERED NUMBER: 12671015 (England and Wales)





ACCOUNTANTS: Thompsons Accountancy Services Limited
Grove House
1 Grove Place
Bedford
Bedfordshire
MK40 3JJ

Road To Race Ltd (Registered number: 12671015)

Statement of Financial Position
30 June 2025

30.6.25 30.6.24
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 5 21,991 26,520

CURRENT ASSETS
Stocks 3,000 2,000
Debtors 6 25,300 9,096
Cash at bank 8,244 6,859
36,544 17,955
CREDITORS
Amounts falling due within one year 7 37,290 40,799
NET CURRENT LIABILITIES (746 ) (22,844 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

21,245

3,676

CREDITORS
Amounts falling due after more than one year 8 2,895 3,539
NET ASSETS 18,350 137

CAPITAL AND RESERVES
Allotted, called up and fully
paid share capital. 100 100
Retained earnings 18,250 37
18,350 137

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps 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 Sections 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.

Road To Race Ltd (Registered number: 12671015)

Statement of Financial Position - continued
30 June 2025


The 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, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 18 August 2025 and were signed by:





S Partridge - Director


Road To Race Ltd (Registered number: 12671015)

Notes to the Financial Statements
for the Year Ended 30 June 2025

1. STATUTORY INFORMATION

Road To Race Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. STATEMENT OF COMPLIANCE

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 10% on cost
Fixtures and fittings - 25% on cost
Motor vehicles - 10% on reducing balance
Computer equipment - 33% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.


Road To Race Ltd (Registered number: 12671015)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2025

3. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 1 ) .

5. TANGIBLE FIXED ASSETS
Fixtures
Short Plant and and
leasehold machinery fittings
£    £    £   
COST
At 1 July 2024 2,021 34,405 3,158
Additions - - -
At 30 June 2025 2,021 34,405 3,158
DEPRECIATION
At 1 July 2024 889 11,239 1,397
Charge for year 202 3,440 789
At 30 June 2025 1,091 14,679 2,186
NET BOOK VALUE
At 30 June 2025 930 19,726 972
At 30 June 2024 1,132 23,166 1,761

Road To Race Ltd (Registered number: 12671015)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2025

5. TANGIBLE FIXED ASSETS - continued

Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 July 2024 500 791 40,875
Additions - 53 53
At 30 June 2025 500 844 40,928
DEPRECIATION
At 1 July 2024 136 694 14,355
Charge for year 36 115 4,582
At 30 June 2025 172 809 18,937
NET BOOK VALUE
At 30 June 2025 328 35 21,991
At 30 June 2024 364 97 26,520

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.25 30.6.24
£    £   
Trade debtors 24,950 8,146
Prepayments 350 950
25,300 9,096

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.25 30.6.24
£    £   
Hire purchase contracts 1,519 1,519
Trade creditors 288 6,064
Tax 2,888 -
Social security and other taxes 284 -
VAT 4,189 3,257
Other creditors 1,041 4,164
Directors' current accounts 25,731 25,708
Accruals and deferred income 1,350 87
37,290 40,799

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.6.25 30.6.24
£    £   
Hire purchase contracts 2,895 3,539