IRIS Accounts Production v25.4.0.155 09779159 Board of Directors 1.4.24 31.3.25 31.3.25 0 0 false true false false false true false Ordinary 1.00000 iso4217:GBP iso4217:USD iso4217:EUR xbrli:shares xbrli:pure utr:tonnes utr:kWh 09779159 2024-03-31 09779159 2025-03-31 09779159 2024-04-01 2025-03-31 09779159 2023-03-31 09779159 2023-04-01 2024-03-31 09779159 2024-03-31 09779159 ns15:EnglandWales 2024-04-01 2025-03-31 09779159 ns14:PoundSterling 2024-04-01 2025-03-31 09779159 ns10:Director1 2024-04-01 2025-03-31 09779159 ns10:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 09779159 ns10:SmallEntities 2024-04-01 2025-03-31 09779159 ns10:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 09779159 ns10:SmallCompaniesRegimeForDirectorsReport 2024-04-01 2025-03-31 09779159 ns10:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 09779159 ns10:FullAccounts 2024-04-01 2025-03-31 09779159 1 2024-04-01 2025-03-31 09779159 ns10:OrdinaryShareClass1 2024-04-01 2025-03-31 09779159 ns10:Director2 2024-04-01 2025-03-31 09779159 ns10:RegisteredOffice 2024-04-01 2025-03-31 09779159 ns5:CurrentFinancialInstruments 2025-03-31 09779159 ns5:CurrentFinancialInstruments 2024-03-31 09779159 ns5:ShareCapital 2025-03-31 09779159 ns5:ShareCapital 2024-03-31 09779159 ns5:RetainedEarningsAccumulatedLosses 2025-03-31 09779159 ns5:RetainedEarningsAccumulatedLosses 2024-03-31 09779159 ns5:IntangibleAssetsOtherThanGoodwill 2024-04-01 2025-03-31 09779159 ns5:ComputerSoftware 2024-04-01 2025-03-31 09779159 ns5:ComputerSoftware 2024-03-31 09779159 ns5:ComputerSoftware 2025-03-31 09779159 ns5:ComputerSoftware 2024-03-31 09779159 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2025-03-31 09779159 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2024-03-31 09779159 ns10:OrdinaryShareClass1 2025-03-31

REGISTERED NUMBER: 09779159 (England and Wales)

Surrey Racing Limited

Unaudited Financial Statements

for the Year Ended 31 March 2025

| Surrey Racing Limited (Registered number: 09779159) |

Contents of the Financial Statements

for the year ended 31 March 2025

Page |

| Company Information | 1 |

| Balance Sheet | 2 |

| Notes to the Financial Statements | 3 |

| Surrey Racing Limited |

Company Information

for the year ended 31 March 2025

| Directors: | S V Grubb

| J H Hadingham

| Registered office: | 10 Knowle Park

| Cobham

| Surrey

| KT11 3AA

| Registered number: | 09779159 (England and Wales)

| Surrey Racing Limited (Registered number: 09779159) |

Balance Sheet

31 March 2025

2025 | 2024 |

| Notes | £ | £ | £ | £

Fixed assets

Intangible assets | 4 | 11,840 |  | 14,208 |  |

Current assets

Debtors | 5 | 2,674 |  | 224 |  |

Cash at bank | 341 |  | 556 |  |

3,015 |  | 780 |  |

Creditors

Amounts falling due within one year | 6 | 32,625 |  | 30,836 |  |

Net current liabilities | (29,610 | ) | (30,056 | ) |

Total assets less current liabilities | (17,770 | ) | (15,848 | ) |

Capital and reserves

Called up share capital | 7 | 100 |  | 100 |  |

Retained earnings | (17,870 | ) | (15,948 | ) |

Shareholders' funds | (17,770 | ) | (15,848 | ) |

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a) | ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b) | preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 9 December 2025 and were signed on its behalf by:

S V Grubb - Director

| Surrey Racing Limited (Registered number: 09779159) |

Notes to the Financial Statements

for the year ended 31 March 2025

1. | Statutory information

| Surrey Racing Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. | Accounting policies

| Basis of preparing the financial statements

| These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

| Going concern

| The financial statements have been prepared on a going concern basis. The Directors have reviewed and considered relevant information, including the annual budget and future cash flows in making their assessment.

| Turnover

| Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

| Turnover represents amounts receivable for services provided in the year and is stated net of VAT.

| Intangible assets

| Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

| Website development is being amortised evenly over its estimated useful life of ten years.

| Financial instruments

| Financial assets and liabilities are recognised when the company becomes party to the contractual provisions of the financial instrument. The company holds financial instruments which comprise cash and cash equivalents, trade and other receivables, trade and other payables, loans and borrowings. The company has chosen to apply the provisions of FRS102 Section 11 Basic Financial Instruments in full.

| Financial assets and liabilities - classified as basic financial instruments

| (i) Cash and cash equivalents

| This includes cash in hand, deposits held with banks, and other short-term highly liquid investments with original maturities of three months or less.

| (ii) Trade and other receivables

| Trade and other receivables are initially recognised at the transaction price, including any transaction costs, and subsequently measured at amortised cost including the effective interest method, less any provision for impairment. Amounts that are receivable within one year are measured at the undiscounted amount of the cash expected to be received, net of any impairment.

| At the end of each reporting period, the company assesses whether there is objective evidence that a receivable amount may be impaired. A provision for impairment is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables. The amount of the provision is the difference between the asset's carrying amount and the present value of the estimated future cash flows, discounted at the effective interest rate. The amount of the provision is recognised immediately in the income statement.

| (iii) Trade and other payables and loans and borrowings

| Trade and other payables and loans and borrowings are initially measured at the transaction price, including any transaction costs, and subsequently measured at amortised cost using the effective interest method.

| Surrey Racing Limited (Registered number: 09779159) |

Notes to the Financial Statements - continued

for the year ended 31 March 2025

2. | Accounting policies - continued

| Taxation

| Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

| Current or deferred taxation assets and liabilities are not discounted.

| Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

3. | Employees and directors

| The average number of employees during the year was NIL (2024 - NIL).

4. | Intangible fixed assets

Website |

development |

| £

| Cost

| At 1 April 2024

| and 31 March 2025 | 23,680 |  |

| Amortisation

| At 1 April 2024 | 9,472 |  |

| Amortisation for year | 2,368 |  |

| At 31 March 2025 | 11,840 |  |

| Net book value

| At 31 March 2025 | 11,840 |  |

| At 31 March 2024 | 14,208 |  |

5. | Debtors: amounts falling due within one year |

2025 | 2024 |

| £ | £

| Directors' loan accounts | 2,674 |  | - |  |

| VAT | - |  | 224 |  |

2,674 |  | 224 |  |

6. | Creditors: amounts falling due within one year |

2025 | 2024 |

| £ | £

| Tax | 1,922 |  | 2,241 |  |

| VAT | 3,672 |  | - |  |

| Directors' loan accounts | 23,731 |  | 24,595 |  |

| Accrued expenses | 3,300 |  | 4,000 |  |

32,625 |  | 30,836 |  |

7. | Called up share capital

| Allotted, issued and fully paid:

| Number: | Class: | Nominal | 2025 | 2024 |

value: |  | £ | £

| 100 | Ordinary | £1 | 100 |  | 100 |  |