Company Registration No. 13256272 (England and Wales)
Exeter Karting Limited
Unaudited accounts
for the year ended 31 March 2025
Exeter Karting Limited
Unaudited accounts
Contents
Exeter Karting Limited
Company Information
for the year ended 31 March 2025
Directors
Martin Tickner
Mark Best
Company Number
13256272 (England and Wales)
Registered Office
LLOYDS BANK CHAMBERS
30 HIGH STREET
CREDITON
EX17 3AH
ENGLAND
Accountants
H W Martin & Co LLP
Lloyds Bank Chambers
High Street
Crediton
Devon
EX17 3AH
Exeter Karting Limited
Statement of financial position
as at 31 March 2025
Tangible assets
49,127
53,087
Cash at bank and in hand
489
4,390
Creditors: amounts falling due within one year
(50,328)
(46,493)
Net current liabilities
(49,839)
(42,103)
Net (liabilities)/assets
(712)
10,984
Profit and loss account
(712)
10,984
Shareholders' funds
(712)
10,984
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 10 October 2025 and were signed on its behalf by
Martin Tickner
Director
Company Registration No. 13256272
Exeter Karting Limited
Notes to the Accounts
for the year ended 31 March 2025
Exeter Karting Limited is a private company, limited by shares, registered in England and Wales, registration number 13256272. The registered office is LLOYDS BANK CHAMBERS, 30 HIGH STREET, CREDITON, EX17 3AH, ENGLAND.
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.
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.
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% reducing balance
4
Tangible fixed assets
Land & buildings
Plant & machinery
Total
Cost or valuation
At cost
At cost
At 1 April 2024
8,705
61,679
70,384
At 31 March 2025
8,705
62,726
71,431
At 1 April 2024
582
16,715
17,297
Charge for the year
406
4,601
5,007
At 31 March 2025
988
21,316
22,304
At 31 March 2025
7,717
41,410
49,127
At 31 March 2024
8,123
44,964
53,087
5
Creditors: amounts falling due within one year
2025
2024
Loans from directors
49,378
45,543
Exeter Karting Limited
Notes to the Accounts
for the year ended 31 March 2025
6
Average number of employees
During the year the average number of employees was 3 (2024: 3).