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Company Registration No. 09408507 (England and Wales)
JOE OSBORNE RACING LIMITED Unaudited accounts for the year ended 31 March 2025
JOE OSBORNE RACING LIMITED Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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JOE OSBORNE RACING LIMITED Company Information for the year ended 31 March 2025
Directors
Joseph Osborne Rachel Osborne
Company Number
09408507 (England and Wales)
Registered Office
9 Fisher Grove Olney Bucks MK46 4FE
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JOE OSBORNE RACING LIMITED Statement of financial position as at 31 March 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
11,008 
577 
Current assets
Debtors
5
45,138 
53,059 
Cash at bank and in hand
84,395 
62,886 
129,533 
115,945 
Creditors: amounts falling due within one year
6
(21,022)
(1,387)
Net current assets
108,511 
114,558 
Net assets
119,519 
115,135 
Capital and reserves
Called up share capital
102 
102 
Profit and loss account
119,417 
115,033 
Shareholders' funds
119,519 
115,135 
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. 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 31 October 2025 and were signed on its behalf by
Joseph Osborne Director Company Registration No. 09408507
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JOE OSBORNE RACING LIMITED Notes to the Accounts for the year ended 31 March 2025
1
Statutory information
JOE OSBORNE RACING LIMITED is a private company, limited by shares, registered in England and Wales, registration number 09408507. The registered office is 9 Fisher Grove, Olney, Bucks, MK46 4FE.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
33% Straight Line
Computer equipment
33% Straight Line
4
Tangible fixed assets
Motor vehicles 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 April 2024
186,494 
2,186 
188,680 
Additions
12,000 
- 
12,000 
At 31 March 2025
198,494 
2,186 
200,680 
Depreciation
At 1 April 2024
186,439 
1,664 
188,103 
Charge for the year
1,200 
369 
1,569 
At 31 March 2025
187,639 
2,033 
189,672 
Net book value
At 31 March 2025
10,855 
153 
11,008 
At 31 March 2024
55 
522 
577 
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JOE OSBORNE RACING LIMITED Notes to the Accounts for the year ended 31 March 2025
5
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
Trade debtors
30,338 
41,759 
Other debtors
14,800 
11,300 
45,138 
53,059 
6
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
VAT
4,836 
(2,700)
Taxes and social security
16,186 
4,087 
21,022 
1,387 
7
Average number of employees
During the year the average number of employees was 2 (2024: 2).
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