1 October 2024 false No description of principal activity Taxfiler 2024.6 13642472 business:PrivateLimitedCompanyLtd 2024-10-01 2025-09-30 13642472 2024-09-30 13642472 2024-10-01 2025-09-30 13642472 business:AuditExemptWithAccountantsReport 2024-10-01 2025-09-30 13642472 business:FilletedAccounts 2024-10-01 2025-09-30 13642472 2025-09-30 13642472 2024-09-30 13642472 core:WithinOneYear 2025-09-30 13642472 core:WithinOneYear 2024-09-30 13642472 core:AfterOneYear 2025-09-30 13642472 core:AfterOneYear 2024-09-30 13642472 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2025-09-30 13642472 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2024-09-30 13642472 core:PreviouslyStatedAmount 2025-09-30 13642472 core:PreviouslyStatedAmount 2024-09-30 13642472 business:SmallEntities 2024-10-01 2025-09-30 13642472 business:Director1 2024-10-01 2025-09-30 13642472 countries:EnglandWales 2024-10-01 2025-09-30 13642472 business:RegisteredOffice 2024-10-01 2025-09-30 13642472 core:PlantMachinery 2024-10-01 2025-09-30 13642472 core:PlantMachinery 2024-09-30 13642472 core:PlantMachinery 2025-09-30 13642472 2023-10-01 2024-09-30 iso4217:GBP xbrli:pure
Aberystwyth Motorsports Limited Statement of financial position as at 30 September 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
164,001
164,001
Creditors: amounts falling due within one year
5
(1,000)
(1,000)
Net current liabilities
(1,000)
(1,000)
Total assets less current liabilities
163,001
163,001
Creditors: amounts falling due after more than one year
6
(166,358)
(164,756)
Net liabilities
(3,357)
(1,755)
Capital and reserves
Profit and loss account
(3,357)
(1,755)
Shareholders' funds
(3,357)
(1,755)
For the year ending 30 September 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 his 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 7 May 2026 and were signed on its behalf by
Richard Morgans Director Company Registration No. 13642472
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Aberystwyth Motorsports Limited Notes to the Accounts for the year ended 30 September 2025
1
Statutory information
Aberystwyth Motorsports Limited is a private company, limited by shares, registered in England and Wales, registration number 13642472. The registered office is 18 Heol Nanteos, Penparcau, Aberystwyth, Ceredigion, SY23 1TF, WALES.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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
18%
4
Tangible fixed assets
Plant & machinery
£
Cost or valuation
At cost
At 1 October 2024
200,001
At 30 September 2025
200,001
Depreciation
At 1 October 2024
36,000
At 30 September 2025
36,000
Net book value
At 30 September 2025
164,001
At 30 September 2024
164,001
5
Creditors: amounts falling due within one year
2025
2024
£
£
Accruals
1,000
1,000
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Aberystwyth Motorsports Limited Notes to the Accounts for the year ended 30 September 2025
6
Creditors: amounts falling due after more than one year
2025
2024
£
£
Other creditors
160,358
158,756
Loans from directors
6,000
6,000
166,358
164,756
7
Capital commitments
2025
2024
£
£
The Director is prepared to support the business in its start up years.
8
Loans to directors
The Director has used their personal savings for the formation of the company without any desire for interest rates to be paid but to be reimbursed as and when the company makes a profit.
9
Average number of employees
During the year the average number of employees was 0 (2024: 0).
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