Registered number
00522348
Mid Cheshire Motor Racing Club Limited
Unaudited Filleted Accounts
31 December 2024

Mid Cheshire Motor Racing Club Limited
Registered number: | 00522348
Balance Sheet
as at 31 December 2024
Notes |  |  | 2024 |  |  | 2023
£ | £
Fixed assets
Tangible assets | 3 |  |  | 83 |  |  | 111
Current assets
Cash at bank and in hand |  |  | 15,641 |  |  | 14,509
Creditors: amounts falling due within one year | 4 |  | (4,297) |  |  | (4,292)
Net current assets |  |  |  | 11,344 |  |  | 10,217
Net assets |  |  |  | 11,427 |  |  | 10,328
Capital and reserves
Profit and loss account |  |  |  | 11,427 |  |  | 10,328
Shareholder's funds |  |  |  | 11,427 |  |  | 10,328
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.
I C Webster
Director
Approved by the board on 5 September 2025

Mid Cheshire Motor Racing Club Limited
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).
| Tangible fixed assets
| Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
| Plant and machinery | over 4 years
| Taxation
| A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
2 | Employees | 2024 |  | 2023
Number | Number
| Average number of persons employed by the company | - |  | -
3 | Tangible fixed assets
|  |  |  |  |  |  |  | Plant and machinery etc
£
| Cost
| At 1 January 2024 | 577
| At 31 December 2024 | 577
| Depreciation
| At 1 January 2024 | 466
| Charge for the year | 28
| At 31 December 2024 | 494
| Net book value
| At 31 December 2024 | 83
| At 31 December 2023 | 111
4 | Creditors: amounts falling due within one year | 2024 |  | 2023
£ | £
| Other creditors | 4,297 |  | 4,292
5 | Other information
| Mid Cheshire Motor Racing Club Limited is a private company limited by guarantee and incorporated in England. Its registered office is:
| 18 Ravenscroft Close
| Middlewich
| Cheshire
| CW10 9PX

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