Company Registration No. 12982508 (England and Wales)
BARNEYRACING LTD
Unaudited accounts
for the year ended 31 October 2025
BARNEYRACING LTD
Unaudited accounts
Contents
BARNEYRACING LTD
Company Information
for the year ended 31 October 2025
Director
Paula Killingsworth
Company Number
12982508 (England and Wales)
Registered Office
112-113 High Street
LINCOLN
LN5 7PY
ENGLAND
Accountants
M D Darby FCPA, CPAA, FIAB, ACCA/Cert:IFR, IFRS, IPSAS, IA
Templar Accounting & Business Support
Services Limited (Incorp: Blake and Co )
112 - 113 High Street,
Lincoln, Lincolnshire
LN5 7PY
BARNEYRACING LTD
Statement of financial position
as at 31 October 2025
Tangible assets
63,087
4,231
Cash at bank and in hand
360
1,605
Creditors: amounts falling due within one year
(19,675)
(917)
Net current (liabilities)/assets
(19,315)
2,169
Called up share capital
100
100
Capital contribution reserve
106,970
87,550
Profit and loss account
(63,298)
(81,250)
Shareholders' funds
43,772
6,400
For the year ending 31 October 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 director acknowledges her 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 and authorised for issue on 11 May 2026 and were signed on its behalf by
Paula Killingsworth
Director
Company Registration No. 12982508
BARNEYRACING LTD
Notes to the Accounts
for the year ended 31 October 2025
BARNEYRACING LTD is a private company, limited by shares, registered in England and Wales, registration number 12982508. The registered office is 112-113 High Street, LINCOLN, LN5 7PY, 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
33% Reducing balance
Motor vehicles
20% Reducing balance
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of advertisement services when services have been delivered to customers such that risks and rewards of ownership have transferred to them.
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 November 2024
8,175
3,307
11,482
At 31 October 2025
8,175
83,455
91,630
At 1 November 2024
6,108
1,143
7,251
Charge for the year
681
20,611
21,292
At 31 October 2025
6,789
21,754
28,543
At 31 October 2025
1,386
61,701
63,087
At 31 October 2024
2,067
2,164
4,231
BARNEYRACING LTD
Notes to the Accounts
for the year ended 31 October 2025
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2025
2024
Loans from directors
3,463
231
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
8
Capital contribution reserve
The director has made funding available to support the team development and exposure to potential team sponsors.
To date a capital contribution of some £106,970
9
Average number of employees
During the year the average number of employees was 1 (2024: 1).