REGISTERED NUMBER: 05168870 (England and Wales)

Unaudited Financial Statements for the Year Ended 30 September 2025

for

Herefordshire Raceway Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

C Powell

REGISTERED OFFICE:

Office 10

Broadaxe Business Park

Presteigne

Powys

LD8 2UH

REGISTERED NUMBER:

05168870 (England and Wales)

ACCOUNTANTS:

Housego Accountancy & Taxation Ltd.

Office 10

Broadaxe Business Park

Presteigne

Powys

LD8 2UH

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

433,448

393,224

433,448

393,224

CURRENT ASSETS

Stocks

12,500

12,100

Debtors

6

20,138

20,125

Cash at bank

280,546

296,567

313,184

328,792

CREDITORS

Amounts falling due within one year

7

105,542

99,808

NET CURRENT ASSETS

207,642

228,984

TOTAL ASSETS LESS CURRENT LIABILITIES

641,090

622,208

CREDITORS

Amounts falling due after more than one year

8

14,967

25,100

NET ASSETS

626,123

597,108

CAPITAL AND RESERVES

Called up share capital

125

125

Retained earnings

625,998

596,983

SHAREHOLDERS' FUNDS

626,123

597,108

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 19 May 2026 and were signed by:

C Powell - Director

1.	STATUTORY INFORMATION

Herefordshire Raceway Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life

Plant & machinery 15% on a reducing balance basis

Fixtures & fittings 15% on a reducing balance basis

Motor vehicles 15% on a reducing balance basis

Office equipment 15% on a reducing balance basis

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 13 (2024 - 13 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 October 2024

and 30 September 2025

8,000

AMORTISATION

At 1 October 2024

and 30 September 2025

8,000

NET BOOK VALUE

At 30 September 2025

-

At 30 September 2024

-

5.	TANGIBLE FIXED ASSETS

Improvements

Fixtures

to

Plant and

and

property

machinery

fittings

£

£

£

COST

At 1 October 2024

192,344

325,060

4,760

Additions

-

60,645

-

At 30 September 2025

192,344

385,705

4,760

DEPRECIATION

At 1 October 2024

-

183,068

3,340

Charge for year

-

30,396

213

At 30 September 2025

-

213,464

3,553

NET BOOK VALUE

At 30 September 2025

192,344

172,241

1,207

At 30 September 2024

192,344

141,992

1,420

Motor

Office

vehicles

equipment

Totals

£

£

£

COST

At 1 October 2024

65,450

11,350

598,964

Additions

20,995

1,134

82,774

At 30 September 2025

86,445

12,484

681,738

DEPRECIATION

At 1 October 2024

13,708

5,624

205,740

Charge for year

10,911

1,030

42,550

At 30 September 2025

24,619

6,654

248,290

NET BOOK VALUE

At 30 September 2025

61,826

5,830

433,448

At 30 September 2024

51,742

5,726

393,224

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other debtors

20,138

20,125

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Hire purchase contracts

39,692

47,131

Trade creditors

4,853

4,571

Taxation and social security

60,769

47,878

Other creditors

228

228

105,542

99,808

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

14,967

25,100