SILVERSTONE SCHOOL PARKING C.I.C.

Company limited by guarantee

Company Registration Number:
14761818 (England and Wales)

Unaudited statutory accounts for the year ended 31 March 2025

Period of accounts

Start date: 1 April 2024

End date: 31 March 2025

SILVERSTONE SCHOOL PARKING C.I.C.

Contents of the Financial Statements

for the Period Ended 31 March 2025

Directors report
Profit and loss
Balance sheet
Additional notes
Balance sheet notes
Community Interest Report

SILVERSTONE SCHOOL PARKING C.I.C.

Directors' report period ended 31 March 2025

The directors present their report with the financial statements of the company for the period ended 31 March 2025

Principal activities of the company

The company's principal activity during the year was organising and running car parking within Silverstone village for motor sports events held at Silverstone Circuit for the benefit of the children of Silverstone Village

Additional information

Statement of directors' responsibilities The directors are responsible for preparing the report and accounts in accordance with applicable law and regulations. Company law requires the directors to prepare accounts for each financial year. Under that law, the directors have elected to prepare the accounts in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the directors must not approve the accounts unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. In preparing these accounts, the directors are required to: - select suitable accounting policies and then apply them consistently; - make judgements and estimates that are reasonable and prudent; - prepare the accounts on the going concern basis unless it is inappropriate to presume that the company will continue in business. The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the accounts comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. Small company provisions This report has been prepared in accordance with the special provisions relating to small companies within Part 15 of the Companies Act 2006.



Directors

The directors shown below have held office during the whole of the period from
1 April 2024 to 31 March 2025

Kirstie Baker
Jonathan Buller


The director shown below has held office during the period of
1 April 2024 to 16 September 2024

Lee Hillyard


The director shown below has held office during the period of
1 April 2024 to 20 May 2024

James Bloomfield


The director shown below has held office during the period of
12 July 2024 to 31 March 2025

Thomas Fanthorpe


The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
1 December 2025

And signed on behalf of the board by:
Name: Jonathan Buller
Status: Director

SILVERSTONE SCHOOL PARKING C.I.C.

Profit And Loss Account

for the Period Ended 31 March 2025

2025 2024


£

£
Turnover: 48,133 50,833
Cost of sales: ( 4,019 ) ( 3,602 )
Gross profit(or loss): 44,114 47,231
Administrative expenses: ( 42,395 ) ( 46,719 )
Operating profit(or loss): 1,719 512
Profit(or loss) before tax: 1,719 512
Tax: ( 327 ) ( 97 )
Profit(or loss) for the financial year: 1,392 415

SILVERSTONE SCHOOL PARKING C.I.C.

Balance sheet

As at 31 March 2025

Notes 2025 2024


£

£
Current assets
Cash at bank and in hand: 12,440 21,325
Total current assets: 12,440 21,325
Prepayments and accrued income: 750
Creditors: amounts falling due within one year: 3 ( 11,383 ) ( 20,910 )
Net current assets (liabilities): 1,807 415
Total assets less current liabilities: 1,807 415
Total net assets (liabilities): 1,807 415
Members' funds
Profit and loss account: 1,807 415
Total members' funds: 1,807 415

The notes form part of these financial statements

SILVERSTONE SCHOOL PARKING C.I.C.

Balance sheet statements

For the year ending 31 March 2025 the company was entitled to exemption 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.

This report was approved by the board of directors on 1 December 2025
and signed on behalf of the board by:

Name: Jonathan Buller
Status: Director

The notes form part of these financial statements

SILVERSTONE SCHOOL PARKING C.I.C.

Notes to the Financial Statements

for the Period Ended 31 March 2025

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

SILVERSTONE SCHOOL PARKING C.I.C.

Notes to the Financial Statements

for the Period Ended 31 March 2025

  • 2. Employees

    2025 2024
    Average number of employees during the period 0 0

SILVERSTONE SCHOOL PARKING C.I.C.

Notes to the Financial Statements

for the Period Ended 31 March 2025

3. Creditors: amounts falling due within one year note

2025 2024
£ £
Taxation and social security 327 97
Accruals and deferred income 11,056 19,504
Other creditors 1,309
Total 11,383 20,910

SILVERSTONE SCHOOL PARKING C.I.C.

Notes to the Financial Statements

for the Period Ended 31 March 2025

4. Financial Commitments

As at 31st March 2025 there are 3 members whom in the event of winding up the company, would contribute a sum not exceeding £1 each towards any deficit.

COMMUNITY INTEREST ANNUAL REPORT

SILVERSTONE SCHOOL PARKING C.I.C.

Company Number: 14761818 (England and Wales)

Year Ending: 31 March 2025

Company activities and impact

Organise and run car parking on the grounds of Silverstone CE Primary School and associate lease sites (within the Silverstone village boundary) for motorsport events held at Silverstone Circuit, donating profits to charities benefiting children in the village.

Consultation with stakeholders

No consultation with stakeholders

Directors' remuneration

No remuneration was received

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
17 December 2025

And signed on behalf of the board by:
Name: Jonathan Buller
Status: Director