Company registration number:
SC719129
Race Removals Ltd
Unaudited filleted financial statements
For The Year Ended :
31 January 2025
Ian J Brown & Company
Chartered Accountants
Race Removals Ltd
Contents
Directors and other information
Accountants report
Statement of financial position and notes to the financial statements
Race Removals Ltd
Directors and other information
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Directors |
Mr Orsten Gardner |
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Ms Donna Hill |
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Mr John Paul Smith |
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Company number |
SC719129 |
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Business address |
239 Portobello High Street |
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Edinburgh |
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EH15 2AN |
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Accountants |
Ian J Brown and Company Accountants Ltd |
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4 Lothian Street |
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Dalkeith |
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Edinburgh |
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EH22 1DS |
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Race Removals Ltd
Report to the board of directors on the preparation of the
unaudited statutory financial statements of Race Removals Ltd
Year ended 31 January 2025
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Race Removals Ltd for the year ended 31 January 2025 which comprise the statement of financial position and related notes from the company's accounting records and from information and explanations you have given us.
As a practising member firm of ICAS , we are subject to its ethical and other professional requirements which are detailed at http://www.icas.com/accountspreparationguidance.
This report is made solely to the board of directors of Race Removals Ltd, as a body, in accordance with the terms of our engagement letter dated 7 May 2025. Our work has been undertaken solely to prepare for your approval the financial statements of Race Removals Ltd and state those matters that we have agreed to state to the board of directors of Race Removals Ltd as a body, in this report in accordance with the requirements of ICAS as detailed at http://www.icas.com/accountspreparationguidance. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Race Removals Ltd and its board of directors as a body for our work or for this report.
It is your duty to ensure that Race Removals Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Race Removals Ltd. You consider that Race Removals Ltd is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the financial statements of Race Removals Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.
Ian J Brown and Company Accountants Ltd
Chartered Accountants
4 Lothian Street
Dalkeith
Edinburgh
EH22 1DS
31 October 2025
Race Removals Ltd
Statement of financial position
31 January 2025
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2025 |
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2024 |
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£ |
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£ |
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Fixed assets |
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12,150 |
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- |
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_______ |
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_______ |
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Current assets |
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5,309 |
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473 |
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Creditors: amounts falling due within one year |
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(
36,491) |
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(
13,944) |
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_______ |
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_______ |
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Net current liabilities |
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(
31,182) |
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13,471) |
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_______ |
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_______ |
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Total assets less current liabilities |
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(
19,032) |
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(
13,471) |
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Provisions for liabilities |
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1,354 |
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1,354 |
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Accruals and deferred income |
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(
1,332) |
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(
600) |
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_______ |
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Net liabilities |
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(
19,010) |
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(
12,717) |
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_______ |
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_______ |
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Capital and reserves |
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(
19,010) |
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(
12,717) |
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_______ |
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_______ |
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Notes to the financial statements
Race Removals Ltd
Year ended 31 January 2025
1.
Directors advances, credits and guarantees
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During the year the directors entered into the following advances and credits with the company: |
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2025 |
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Balance brought forward |
Advances /(credits) to the directors |
Balance o/standing |
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£ |
£ |
£ |
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Mr Orsten Gardner |
1 |
446 |
447 |
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Ms Donna Hill |
1 |
- |
1 |
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Mr John Paul Smith |
(
599) |
410 |
(
189) |
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_______ |
_______ |
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(
597) |
856 |
259 |
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_______ |
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2024 |
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Balance brought forward |
Advances /(credits) to the directors |
Balance o/standing |
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£ |
£ |
£ |
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Mr Orsten Gardner |
1 |
- |
1 |
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Ms Donna Hill |
1 |
- |
1 |
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Mr John Paul Smith |
(
599) |
- |
(
599) |
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_______ |
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(
597) |
- |
(
597) |
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_______ |
_______ |
_______ |
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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.
Directors responsiblities:
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The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
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The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The financial statements have been prepared in accordance with the micro-entity provisions and have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.
These financial statements were approved by the
board of directors
and authorised for issue on
31 October 2025
, and are signed on behalf of the board by:
Mr John Paul Smith
Director
Company registration number:
SC719129
The company is a private company limited by shares, registered in Scotland.