Company Registration No. 15578747 (England and Wales)
Vannin Motorsport Limited
Unaudited accounts
for the period from 20 March 2024 to 31 March 2025
Vannin Motorsport Limited
Unaudited accounts
Contents
Vannin Motorsport Limited
Company Information
for the period from 20 March 2024 to 31 March 2025
Directors
Toby Marshall
Giuseppe Planeta
Company Number
15578747 (England and Wales)
Registered Office
17 Loachbrook Farm Way
Congleton
Cheshire
CW12 4BF
England
Accountants
Taylor Consultancy, Chartered Certified Accountants
Primary House
Spring Gardens
Macclesfield
Cheshire
SK10 2DX
Vannin Motorsport Limited
Statement of financial position
as at 31 March 2025
Cash at bank and in hand
2,446
Creditors: amounts falling due within one year
(36,112)
Net current liabilities
(15,894)
Total assets less current liabilities
(751)
Provisions for liabilities
Called up share capital
200
Profit and loss account
(3,828)
Shareholders' funds
(3,628)
For the period 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 3 December 2025 and were signed on its behalf by
Toby Marshall
Director
Company Registration No. 15578747
Vannin Motorsport Limited
Notes to the Accounts
for the period from 20 March 2024 to 31 March 2025
Vannin Motorsport Limited is a private company, limited by shares, registered in England and Wales, registration number 15578747. The registered office is 17 Loachbrook Farm Way, Congleton, Cheshire, CW12 4BF, England.
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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.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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:
Plant & machinery
20% per annum on a straight line basis
Computer equipment
25% per annum on a straight line basis
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Vannin Motorsport Limited
Notes to the Accounts
for the period from 20 March 2024 to 31 March 2025
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Tangible fixed assets
Plant & machinery
Computer equipment
Total
Cost or valuation
At cost
At cost
Additions
16,376
554
16,930
At 31 March 2025
16,376
554
16,930
Charge for the period
1,727
60
1,787
At 31 March 2025
1,727
60
1,787
At 31 March 2025
14,649
494
15,143
Amounts falling due within one year
Accrued income and prepayments
3,750
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Creditors: amounts falling due within one year
2025
Loans from directors
32,620
Accelerated capital allowances
2,877
Charged to the profit and loss account
2,877
Provision at end of period
2,877
Vannin Motorsport Limited
Notes to the Accounts
for the period from 20 March 2024 to 31 March 2025
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100 A Ordinary shares of £1 each
100
Shares issued during the period:
100 Ordinary shares of £1 each
100
100 A Ordinary shares of £1 each
100
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Average number of employees
During the period the average number of employees was 2.