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COMPANY REGISTRATION NUMBER: 01293251

International Racing Bureau Limited

Filleted Unaudited Financial Statements

31 December 2025

International Racing Bureau Limited

Abridged Statement of Financial Position

31 December 2025

| 2025 | 2024
Note | £ | £

Fixed assets

Tangible assets | 6 | 2,182 | 2,567

Current assets

Debtors | 203,581 | 202,087
Cash at bank and in hand | 377,016 | 263,141
| --------- | ---------
| 580,597 | 465,228

Creditors: amounts falling due within one year | 107,892 | 108,396
| --------- | ---------
Net current assets | 472,705 | 356,832
| --------- | ---------
Total assets less current liabilities | 474,887 | 359,399
| --------- | ---------
Net assets | 474,887 | 359,399
| --------- | ---------

Capital and reserves

Called up share capital | 7 | 6,417 | 6,417
Share premium account | 77,192 | 77,192
Other reserves | ( 276,929) | ( 276,929)
Profit and loss account | 668,207 | 552,719
| --------- | ---------
Shareholders funds | 474,887 | 359,399
| --------- | ---------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the abridged statement of comprehensive income has not been delivered.
For the year ending 31 December 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
All of the members have consented to the preparation of the abridged statement of comprehensive income and the abridged statement of financial position for the year ending 31 December 2025 in accordance with Section 444(2A) of the Companies Act 2006.

International Racing Bureau Limited

Abridged Statement of Financial Position (continued)

31 December 2025
These financial statements were approved by the board of directors and authorised for issue on 8 July 2026 , and are signed on behalf of the board by:

Mr J George |
Director |

Company registration number: 01293251

International Racing Bureau Limited

Notes to the Financial Statements

Year ended 31 December 2025
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Alton House, 117 High Street, Newmarket, CB8 9WL, Suffolk.
2. Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Revenue recognition
Turnover represents gross fee income from the provision of horse racing services and income from arranging hospitality and sponsorships at horse racing events and is stated net of VAT.
Income tax
Deferred taxation is provided in full in respect of taxation deferred by timing differences between the treatment of certain items for taxation and accounting purposes. The deferred tax balance has not been discounted.
Operating leases
Lease payments are recognised as an expense over the lease term on a straight-line basis. The aggregate benefit of lease incentives is recognised as a reduction to expense over the lease term, on a straight-line basis.
Lease income is recognised in profit or loss on a straight line basis over the lease term. The aggregate cost of lease incentives are recognised as a reduction to income over the lease term on a straight-line basis. Costs, including depreciation, incurred in earning the lease income are recognised as an expense. Any initial direct costs incurred in negotiating and arranging the operating lease are added to the carrying amount of the lease and recognised as an expense over the lease term on the same basis as the lease income.
Amortisation
Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful life of that asset as follows:

| Goodwill | - | 20% straight line

If there is an indication that there has been a significant change in amortisation rate, useful life or residual value of an intangible asset, the amortisation is revised prospectively to reflect the new estimates.
Tangible assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

| Fixtures & Fittings | - | 20% straight line

Impairment of fixed assets
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets. For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the company are assigned to those units.
Defined contribution plans
Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund. When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised as a finance cost in profit or loss in the period in which it arises.
4. Employee numbers
The average number of persons employed by the company during the year amounted to 11 (2024: 12 ).
5. Intangible assets

| £
Cost |
At 1 January 2025 and 31 December 2025 | 5,750
| ------
Amortisation |
At 1 January 2025 and 31 December 2025 | 5,750
| ------
Carrying amount |
At 31 December 2025 | –
| ------
At 31 December 2024 | –
| ------

6. Tangible assets

| £
Cost |
At 1 January 2025 | 90,921
Additions | 120
| -------
At 31 December 2025 | 91,041
| -------
Depreciation |
At 1 January 2025 | 88,354
Charge for the year | 505
| -------
At 31 December 2025 | 88,859
| -------
Carrying amount |
At 31 December 2025 | 2,182
| -------
At 31 December 2024 | 2,567
| -------

7. Called up share capital
Issued, called up and fully paid

| 2025 | 2024
| No. | £ | No. | £
Ordinary shares of £ 1 each | 6,417 | 6,417 | 6,417 | 6,417
| ------ | ------ | ------ | ------

8. Operating leases
The total future minimum lease payments under non-cancellable operating leases are as follows:

| 2025 | 2024
| £ | £
Later than 1 year and not later than 5 years | – | 1,186
Later than 5 years | – | 28,000
| ---- | -------
| – | 29,186
| ---- | -------

9. Controlling party
The company is not under the the control of any individual.