David Harris Racing Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 14136369

David Harris Racing Limited

Filleted Unaudited Financial Statements

Period ending

31 March 2025

David Harris Racing Limited

Statement of Financial Position

31 March 2025

		2025		2024
Note		£	£	£	£
Creditors: amounts falling due within one year	5	38,609		38,609
		--------		--------
Net current liabilities			38,609		38,609
			--------		--------
Total assets less current liabilities			( 38,609)		( 38,609)
			--------		--------
Net liabilities			( 38,609)		( 38,609)
			--------		--------

Capital and reserves

Called up share capital	6	100	100
Profit and loss account		( 38,709)	( 38,709)
		--------	--------
Shareholders deficit		( 38,609)	( 38,609)
		--------	--------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

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

Director's responsibilities:

- The members have 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 Act with respect to accounting records and the preparation of financial statements .

These financial statements were approved by the board of directors and authorised for issue on 21 August 2025 , and are signed on behalf of the board by:

D Harris
Director

Company registration number: 14136369

David Harris Racing Limited

Notes to the Financial Statements

Year ended 31 March 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Site Office 4a Bakers Lane, West Hanningfield, Chelmsford, CM2 8LF.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Going concern

The financial statements have been prepared on a going concern basis which is dependent upon the continued support of the company's directors and other creditors. The directors have indicated their willingness to support the company in the foreseeable future by ensuring sufficient funds are available for the company to continue trading. The company is continuing to meet debts as they fall due and therefore the directors consider the going concern basis is appropriate.

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 1 (2024: 1 ).

5. Creditors: amounts falling due within one year

	2025	2024
	£	£
Accruals and deferred income	500	500
Director loan accounts	38,109	38,109
	--------	--------
	38,609	38,609
	--------	--------

6. Called up share capital

Issued, called up and fully paid

	2025		2024
	No.	£	No.	£
Ordinary shares of £ 1 each	100	100	100	100
	----	----	----	----

7. Related party transactions

At the year end, the company owed the director £38,109 (2024: £38,109) which is included in creditors.