Company No: 10158066 (England and Wales)

Contents

• Company Information
• Balance Sheet
• Notes to the Financial Statements

DIRECTORS	Steven Patrick Cox
	Andy Drummond (Resigned 17 June 2024)
	Steven Paul Elsom
	John Michael Gilbert
	Philip John Morrey
	Susan Perry (Appointed 17 June 2024)
	Benjamin Ruthven Pym (Resigned 17 September 2024)
	Sarah Rushton (Resigned 16 April 2024)
	Lloyd Charles Shipp (Resigned 27 January 2025)
	Victoria June Snell
	Jonathan Robert Tewson (Appointed 23 April 2024)
	Wasantha Indunil Wijenayaka
	Edward Paul Winchester

REGISTERED OFFICE	O'sullevan Suite
	The Racing Centre
	Newmarket
	CB8 8NT
	United Kingdom

COMPANY NUMBER

10158066 (England and Wales)

CHARTERED ACCOUNTANTS	Gascoynes
	Gascoyne House
	Moseleys Farm Business Centre
	Fornham All Saints
	Bury St Edmunds
	Suffolk
	IP28 6JY

	Note	2025		2024
		£		£
Current assets
Debtors	3	9,879		8,101
Cash at bank and in hand		73,127		57,207
		83,006		65,308
Creditors: amounts falling due within one year	4	( 17,972)		( 17,663)
Net current assets		65,034		47,645
Total assets less current liabilities		65,034		47,645
Net assets		65,034		47,645
Capital and reserves
Called-up share capital		0		0
Profit and loss account		65,034		47,645
Total shareholders' funds		65,034		47,645

For the financial 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.

Directors' responsibilities:

• The members have not required the Company to obtain an audit of its financial statements for the financial year in accordance with section 476;
• The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Statement of Income and Retained Earnings has not been delivered.

The financial statements of Newmarket BID Limited (registered number: 10158066) were approved and authorised for issue by the Board of Directors on 09 December 2025. They were signed on its behalf by:

Steven Paul Elsom Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Newmarket BID Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is O'sullevan Suite, The Racing Centre, Newmarket, CB8 8NT, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

Turnover is recognised when the significant risks and rewards are considered to have been transferred to the customer.

Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Balance Sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the Statement of Income and Retained Earnings as described below.

2. Employees

	2025		2024
	Number		Number
Monthly average number of persons employed by the Company during the year, including directors	2		2

3. Debtors

	2025		2024
	£		£
Trade debtors	120		240
Other debtors	9,759		7,861
	9,879		8,101

4. Creditors: amounts falling due within one year

	2025		2024
	£		£
Trade creditors	9,459		13,884
Other taxation and social security	4,799		442
Other creditors	3,714		3,337
	17,972		17,663

5. Related party transactions

Other related party transactions

The company is limited by guarantee, not having a share capital and consequently the liability of members is limited, subject to an undertaking by each member to contribute to the net assets or liabilities of the company on winding up such amounts as may be required not exceeding £1.00.