Company Registration No. 11509807 (England and Wales)
Silverstone Dream Cars Ltd
Unaudited accounts
for the year ended 31 August 2025
Silverstone Dream Cars Ltd
Unaudited accounts
Contents
Silverstone Dream Cars Ltd
Company Information
for the year ended 31 August 2025
Directors
Gareth Pugh
Ryan O'Neill
Company Number
11509807 (England and Wales)
Registered Office
Unit 10 TANYARD The Tanyard
Leigh Road
Street
BA16 0HD
England
Silverstone Dream Cars Ltd
Statement of financial position
as at 31 August 2025
Tangible assets
53,185
67,170
Cash at bank and in hand
16,138
27,837
Creditors: amounts falling due within one year
(70,189)
(51,910)
Net current (liabilities)/assets
(11,051)
6,677
Total assets less current liabilities
42,134
73,847
Creditors: amounts falling due after more than one year
(30,166)
(48,644)
Called up share capital
4
4
Profit and loss account
11,964
25,199
Shareholders' funds
11,968
25,203
For the year ending 31 August 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 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 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 of Directors and authorised for issue on 31 July 2026 and were signed on its behalf by
Gareth Pugh
Director
Company Registration No. 11509807
Silverstone Dream Cars Ltd
Notes to the Accounts
for the year ended 31 August 2025
Silverstone Dream Cars Ltd is a private company, limited by shares, registered in England and Wales, registration number 11509807. The registered office is Unit 10 TANYARD The Tanyard, Leigh Road, Street, BA16 0HD, England.
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:
Motor vehicles
20% Reducing Balance
Computer equipment
25% Straight Line
4
Tangible fixed assets
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 September 2024
80,600
5,633
86,233
At 31 August 2025
80,600
5,633
86,233
At 1 September 2024
17,196
1,867
19,063
Charge for the year
12,681
1,304
13,985
At 31 August 2025
29,877
3,171
33,048
At 31 August 2025
50,723
2,462
53,185
At 31 August 2024
63,404
3,766
67,170
Amounts falling due after more than one year
Silverstone Dream Cars Ltd
Notes to the Accounts
for the year ended 31 August 2025
6
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
10,000
10,000
Obligations under finance leases and hire purchase contracts
9,227
9,227
Taxes and social security
18,924
5,108
Other creditors
18,832
19,793
Loans from directors
11,806
6,382
7
Creditors: amounts falling due after more than one year
2025
2024
Obligations under finance leases and hire purchase contracts
27,918
37,146
8
Average number of employees
During the year the average number of employees was 2 (2024: 2).