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Registered number: 15265864

Cleanracing Limited

ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31/12/2025

Cleanracing Limited

ACCOUNTS

FOR THE YEAR ENDED 31/12/2025

DIRECTORS

Peter Kyle-Henney

Steven Wood (Resigned 4 February 2026)

SECRETARY

Alison Kyle-Henney

REGISTERED OFFICE

Lambda House

Fairview Road

Weyhill

Hampshire

SP11 0ST

COMPANY DETAILS

Private company limited by shares registered in EW - England and Wales, registered number 15265864

Cleanracing Limited

ACCOUNTS
FOR THEYEARENDED31/12/2025
CONTENTS
		Page
Directors' Report		-
Statement Of Comprehensive Income		-
Balance Sheet		3
Notes To The Accounts		4
The following do not form part of the statutory financial statements:
Trading And Profit And Loss Account		-
Profit And Loss Account Summaries		-

Cleanracing Limited

BALANCE SHEET AT 31/12/2025
						2025				2024
		Notes				£				£
FIXED ASSETS
Tangible assets		3				226,498				250,968
CURRENT ASSETS
Stock				14,132				12,320
Debtors		5		10,639				10,857
Cash at bank and in hand				62,040				43,535
				86,811				66,712
CREDITORS: Amounts falling due within one year		6		307,074				315,571
NET CURRENT LIABILITIES						(220,263)				(248,859)
TOTAL ASSETS LESS CURRENT LIABILITIES						6,235				2,109
CAPITAL AND RESERVES
Called up share capital		7				1				1
Profit and loss account						6,234				2,108
SHAREHOLDERS' FUNDS						6,235				2,109
For the year ending 31/12/2025 the company was entitled to exemption 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 directors acknowledge their 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.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 19/05/2026 and signed on their behalf by
.............................
Peter Kyle-Henney
Director

Cleanracing Limited

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 31/12/2025

1. ACCOUNTING POLICIES

1a. Basis Of Accounting

The accounts have been prepared under the historical cost convention.

The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .

1b. Going Concern

These financial statements have not been prepared on the going concern basis.

1c. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Plant and Machinery		%
Commercial Vehicles		%
Motor Cars		%

1d. Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell (net realisable value). Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs.

When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of stocks recognised as an expense in the period in which the reversal occurs.

2. EMPLOYEES
				2025		2024
				No.		No.
Average number of employees				-		-

Cleanracing Limited

3. TANGIBLE FIXED ASSETS
		Plant and		Commercial
		Machinery		Vehicles		Motor Cars		Total
		£		£		£		£
Cost
At 01/01/2025		3,178		105,000		172,290		280,468
Additions		15,320		-		-		15,320
At 31/12/2025		18,498		105,000		172,290		295,788
Depreciation
At 01/01/2025		-		9,500		20,000		29,500
For the year		5,000		27,500		7,290		39,790
At 31/12/2025		5,000		37,000		27,290		69,290
Net Book Amounts
At 31/12/2025		13,498		68,000		145,000		226,498
At 31/12/2024		3,178		95,500		152,290		250,968
The tangible fixed assets of the Company are security for the Directors Loan owed to Peter Kyle-Henney (see related party note for details). The amount of the charge is £330,960.00 and none of the tangible fixed assets can be sold by the Company without his express consent.

4. STOCK				2025		2024
				£		£
Stock comprises:
Stock				14,132		12,320
				14,132		12,320

5. DEBTORS				2025		2024
				£		£
Amounts falling due within one year
Trade debtors				1,561		-
VAT				7,403		10,857
Prepayments				1,675		-
				10,639		10,857

Cleanracing Limited

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
				2025		2024
				£		£
Directors current account				274,751		282,042
Directors current account				25,000		25,000
Trade creditors				2,878		8,529
Accruals				4,445		-
				307,074		315,571

7. SHARE CAPITAL				2025		2024
				£		£
Allotted, issued and fully paid:
1 Ordinary shares of £1 each				1		1
				1		1
New shares issued during period:
1 Ordinary shares of £1 each				1		1
				-		1

8. RELATED PARTY TRANSACTIONS

Peter Kyle-Henney, the Company's shareholder, has a Directors Loan with Cleanracing Limited which is non interest bearing. At 31 December 2025, £274,751.37 (2024 £282,041.82) was owed by the Company to Peter Kyle-Henney. The maximum amount outstanding during the year was £282,041.82 (2024 £366,102.05). On 23 July 2024 a charge was registered with the Company securing the Directors Loan up to an amount of £330,960.00 on the assets of the Company including (but not restricted to) the Commercial Vehicle and the Car. The Company is unable to sell any of its assets without the express consent of Peter Kyle-Henney whilst the charge remains in place. Peter Kyle-Henney is a customer of Cleanracing Limited and he paid £152,005.22 (2024 £145,670.18) during the year for race team services and car maintenance. At 31 December 2025 Steven Wood had a Directors loan with Cleanracing Limited with a balance of £25,000 (2024 £25,000) owed to him. During the year the company made sales to Autofarm (1973) Limited (a Company in which Steven Wood is a shareholder) of £200 (2024 £79,718.15) and purchased goods and services from Autofarm (1973) Limited of £5,591.45 (2024 £4,823.18).