REGISTERED NUMBER: 07473409 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2026

for

Lydd Karting Limited

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTOR:

J C H Clarke

REGISTERED OFFICE:

5 Dallaway Drive

Stone Cross

Pevensey

East Sussex

BN24 5FB

REGISTERED NUMBER:

07473409 (England and Wales)

ACCOUNTANTS:

Ardor Business Solutions Limited

Chartered Certified Accountants

Unit 1

Shrine Barn

Sandling Road

Hythe

Kent

CT21 4HE

FIXED ASSETS

Tangible assets

5

565,732

634,845

CURRENT ASSETS

Stocks

600

600

Debtors

6

-

3,889

Cash at bank and in hand

147,936

291,733

148,536

296,222

CREDITORS

Amounts falling due within one year

7

77,983

56,054

NET CURRENT ASSETS

70,553

240,168

TOTAL ASSETS LESS CURRENT LIABILITIES

636,285

875,013

CREDITORS

Amounts falling due after more than one year

8

-

(4,832

)

PROVISIONS FOR LIABILITIES

(37,973

)

(52,722

)

NET ASSETS

598,312

817,459

CAPITAL AND RESERVES

Called up share capital

1,200

1,200

Retained earnings

597,112

816,259

SHAREHOLDERS' FUNDS

598,312

817,459

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2026 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 12 May 2026 and were signed by:

J C H Clarke - Director

1.	STATUTORY INFORMATION

Lydd Karting 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.

The presentation currency of the financial statements is the Pound Sterling (£).

Amounts are rounded to the nearest Pound Sterling.

2.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention.

Turnover

Turnover represents gross karting related income, excluding VAT.

Tangible fixed assets

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

Freehold property

-

2% on cost

Office equipment

-

20% on cost

Fixtures and fittings

-

20% on cost

Motor vehicles

-

25% on reducing balance

Plant and machinery

-

20% on cost

Stocks

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

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

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.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2025 - 3 ) .

5.	TANGIBLE FIXED ASSETS

Fixtures

Freehold

Office

and

property

equipment

fittings

£

£

£

COST

At 1 April 2025

500,287

14,560

96,260

Additions

-

311

13,838

At 31 March 2026

500,287

14,871

110,098

DEPRECIATION

At 1 April 2025

76,950

10,986

48,539

Charge for year

10,006

1,760

19,279

At 31 March 2026

86,956

12,746

67,818

NET BOOK VALUE

At 31 March 2026

413,331

2,125

42,280

At 31 March 2025

423,337

3,574

47,721

Motor

Plant and

vehicles

machinery

Totals

£

£

£

COST

At 1 April 2025

109,015

349,060

1,069,182

Additions

6,995

-

21,144

At 31 March 2026

116,010

349,060

1,090,326

DEPRECIATION

At 1 April 2025

54,706

243,156

434,337

Charge for year

15,326

43,886

90,257

At 31 March 2026

70,032

287,042

524,594

NET BOOK VALUE

At 31 March 2026

45,978

62,018

565,732

At 31 March 2025

54,309

105,904

634,845

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/3/26

31/3/25

£

£

Taxation

-

3,889

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/3/26

31/3/25

£

£

Bank loans and overdrafts

3,825

8,500

Trade creditors

1,854

5,407

Taxation

55,598

31,584

Social security and other taxes

2,160

1,237

VAT

10,752

5,889

Other creditors

110

27

Directors' current accounts

734

460

Accrued expenses

2,950

2,950

77,983

56,054

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31/3/26

31/3/25

£

£

Bank loans - 1-2 years

-

4,832

9.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is J C H Clarke.