British Speedway Promoters Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—4

Registered number: 11808346

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Intangible Assets	4		-		36,500
Tangible Assets	5		1,783		1,870

			1,783		38,370
CURRENT ASSETS
Stocks	6	80,482		142,954
Debtors	7	341,621		316,294
Cash at bank and in hand		399,499		435,128

		821,602		894,376
Creditors: Amounts Falling Due Within One Year	8	(309,128 )		(307,618 )

NET CURRENT ASSETS (LIABILITIES)			512,474		586,758

TOTAL ASSETS LESS CURRENT LIABILITIES			514,257		625,128

NET ASSETS			514,257		625,128

RESERVES
Other reserves			920,642		933,392
Income and Expenditure Account			(406,385 )		(308,264 )

MEMBERS' FUNDS			514,257		625,128

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British Speedway Promoters Limited

Balance Sheet (continued)

As At 31 January 2025

For the year ending 31 January 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Income and Expenditure Account.

On behalf of the board

Robert Godfrey

Director

13/10/2025

The notes on pages 3 to 4 form part of these financial statements.

1. General Information

British Speedway Promoters Limited is a private company, limited by guarantee, incorporated in England & Wales, registered number 11808346 . The registered office is ACU House, Wood Street, Rugby, CV21 2YX.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

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 TV promotions, sponsorship and sales of goods. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

2.3. Intangible Fixed Assets and Amortisation - Other Intangible

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Amortisation will be charged over the riders estimated useful lives of 10 years.

2.4. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery	25% reducing balance
Fixtures & Fittings	33.33% straight line and 25% reducing balnace

2.5. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

2.6. Members Cash Bonds

Bonds held by the Company in respect of members are included in Other Reserves on the Balance Sheet.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 3 (2024: 3)

4. Intangible Assets

	Other
	£
Cost
As at 1 February 2024	36,500

As at 31 January 2025	36,500

Amortisation
As at 1 February 2024	-
Provided during the period	36,500

As at 31 January 2025	36,500

...CONTINUED

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British Speedway Promoters Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 January 2025

Net Book Value
As at 31 January 2025	-

As at 1 February 2024	36,500

5. Tangible Assets

	Fixtures & Fittings
	£
Cost
As at 1 February 2024	3,829
Additions	1,082

As at 31 January 2025	4,911

Depreciation
As at 1 February 2024	1,959
Provided during the period	1,169

As at 31 January 2025	3,128

Net Book Value
As at 31 January 2025	1,783

As at 1 February 2024	1,870

6. Stocks

	2025	2024
	£	£
Stock	80,482	142,954

7. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	308,133	311,808
Other debtors	33,488	4,486

	341,621	316,294

8. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	1,151	2,799
Other creditors	305,904	303,381
Taxation and social security	2,073	1,438

	309,128	307,618

9. Company limited by guarantee

The company is limited by guarantee and has no share capital.

Every member of the company undertakes to contribute to the assets of the company, in the event of a winding up, such an amount as may be required not exceeding £1.

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