| Excelsior Racing Ltd |
| Registered number: |
SC495804 |
| Balance Sheet |
| as at 31 January 2025 |
|
| Notes |
|
|
2025 |
|
|
2024 |
| £ |
£ |
| Current assets |
| Stocks |
|
|
3,000 |
|
|
5,000 |
| Cash at bank and in hand |
|
|
550 |
|
|
604 |
|
|
|
3,550 |
|
|
5,604 |
|
| Creditors: amounts falling due within one year |
3 |
|
(60) |
|
|
- |
|
| Net current assets |
|
|
|
3,490 |
|
|
5,604 |
|
| Total assets less current liabilities |
|
|
|
3,490 |
|
|
5,604 |
|
| Creditors: amounts falling due after more than one year |
4 |
|
|
(295,529) |
|
|
(283,529) |
|
|
|
| Net liabilities |
|
|
|
(292,039) |
|
|
(277,925) |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
|
|
|
100,000 |
|
|
100,000 |
| Profit and loss account |
|
|
|
(392,039) |
|
|
(377,925) |
|
| Shareholders' funds |
|
|
|
(292,039) |
|
|
(277,925) |
|
|
|
|
|
|
|
|
| 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 members have 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. |
|
|
|
|
| N.Anderson |
| Director |
| Approved by the board on 21 October 2025 |
|
| Excelsior Racing Ltd |
| Notes to the Accounts |
| for the year ended 31 January 2025 |
|
|
| 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. |
|
|
Stocks |
|
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised. |
|
|
| 2 |
Employees |
2025 |
|
2024 |
| Number |
Number |
|
|
Average number of persons employed by the company |
1 |
|
1 |
|
|
|
|
|
|
|
|
|
|
| 3 |
Creditors: amounts falling due within one year |
2025 |
|
2024 |
| £ |
£ |
|
|
Other creditors |
60 |
|
- |
|
|
|
|
|
|
|
|
|
|
| 4 |
Creditors: amounts falling due after one year |
2025 |
|
2024 |
| £ |
£ |
|
|
Other creditors |
295,529 |
|
283,529 |
|
|
|
|
|
|
|
|
|
|
| 5 |
Other information |
|
|
Excelsior Racing Ltd is a private company limited by shares and incorporated in Scotland. Its registered office is: |
|
662 Holburn Street |
|
Aberdeen |
|
Aberdeenshire |
|
AB12 5UE |