Aberystwyth Motorsports Limited
Statement of financial position
as at 30 September 2025
Tangible assets
164,001
164,001
Creditors: amounts falling due within one year
(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
(166,358)
(164,756)
Net liabilities
(3,357)
(1,755)
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
Aberystwyth Motorsports Limited
Notes to the Accounts
for the year ended 30 September 2025
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.
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:
4
Tangible fixed assets
Plant & machinery
At 30 September 2025
200,001
At 30 September 2025
36,000
At 30 September 2025
164,001
At 30 September 2024
164,001
5
Creditors: amounts falling due within one year
2025
2024
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
7
Capital commitments
2025
2024
The Director is prepared to support the business in its start up years.
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).