Registered number
15978242
RACE AIR DYNAMICS LTD
Unaudited Filleted Accounts
30 September 2025
RACE AIR DYNAMICS LTD
Registered number: 15978242
Balance Sheet
as at 30 September 2025
Notes 2025
£
Current assets
Cash at bank and in hand 4,526
Creditors: amounts falling due within one year 3 (2,652)
Net current assets 1,874
Net assets 1,874
Capital and reserves
Called up share capital 1
Profit and loss account 1,873
Shareholder's funds 1,874
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges her responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Dawn Bailey
Director
Approved by the board on 5 May 2026
RACE AIR DYNAMICS LTD
Notes to the Accounts
for the period from 25 September 2024 to 30 September 2025
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period.
2 Employees 2025
Number
Average number of persons employed by the company 1
3 Creditors: amounts falling due within one year 2025
£
Taxation and social security costs 1,143
Other creditors 1,509
2,652
4 Other information
RACE AIR DYNAMICS LTD is a private company limited by shares and incorporated in England. Its registered office is:
2 Hinksey Court
Church Way
Oxford
Oxfordshire
OX2 9SX
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