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Registration number: 14701563

CC Motorsport Racing Limited
Unaudited Filleted Financial Statements
for the Year Ended 31 December 2025

CC Motorsport Racing Limited

Contents

Balance Sheet | 1 to 2
Notes to the Unaudited Financial Statements | 3 to 8

CC Motorsport Racing Limited

(Registration number: 14701563)
Balance Sheet as at 31 December 2025

| Note | 2025 £ | 2024 £
Fixed assets |  |  |
Tangible assets | 4 | 18,916 | 25,532
Current assets |  |  |
Debtors | 5 | 4,332 | 6,602
Cash at bank and in hand |  | 3,125 | 9,816
|  | 7,457 | 16,418
Creditors: Amounts falling due within one year | 6 | (1,500) | (820,227)
Net current assets/(liabilities) |  | 5,957 | (803,809)
Total assets less current liabilities |  | 24,873 | (778,277)
Creditors: Amounts falling due after more than one year | 6 | (1,063,982) | -
Net liabilities |  | (1,039,109) | (778,277)
Capital and reserves |  |  |
Called up share capital |  | 100 | 100
Retained earnings |  | (1,039,209) | (778,377)
Shareholders' deficit |  | (1,039,109) | (778,277)

For the financial 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.

Director's responsibilities:

• | The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
• | The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 4 August 2026

CC Motorsport Racing Limited

(Registration number: 14701563)
Balance Sheet as at 31 December 2025

......................................... Mr J R Chong Director

CC Motorsport Racing Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

1 | General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
2 Old Bath Road
Newbury
Berkshire
RG14 1QL
England

2 | Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The company has the financial backing of its director for the foreseeable future and therefore the financial statements have been prepared on a going concern basis.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class | Depreciation method and rate
Race Equipment | 20% Straight Line
Fixtures & Fittings | 20% Straight Line

CC Motorsport Racing Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the Profit and Loss Account over the period of the relevant borrowing.
Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.
Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3 | Staff numbers

The average number of persons employed by the company (including the director) during the year, was 2 (2024 - 2).

CC Motorsport Racing Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

4 | Tangible assets

| Fixtures and fittings £ | Race Equipment £ | Total £
Cost or valuation
At 1 January 2025 | 1,024 | 33,651 | 34,675
Additions | 335 | - | 335
At 31 December 2025 | 1,359 | 33,651 | 35,010
Depreciation
At 1 January 2025 | 68 | 9,075 | 9,143
Charge for the year | 221 | 6,730 | 6,951
At 31 December 2025 | 289 | 15,805 | 16,094
Carrying amount
At 31 December 2025 | 1,070 | 17,846 | 18,916
At 31 December 2024 | 956 | 24,576 | 25,532

CC Motorsport Racing Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

5 | Debtors

Current | 2025 £ | 2024 £
Trade debtors | 2,196 | 180
Prepayments | 280 | -
Other debtors | 1,856 | 6,422
| 4,332 | 6,602

CC Motorsport Racing Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

6 | Creditors

Creditors: amounts falling due within one year

| 2025 £ | 2024 £
Due within one year |  |
Other creditors | 1,500 | 820,227

Creditors: amounts falling due after more than one year

| Note | 2025 £ | 2024 £
Due after one year |  |  |
Loans and borrowings | 7 | 1,063,982 | -

7 | Loans and borrowings

Non-current loans and borrowings

| 2025 £ | 2024 £
Other borrowings | 1,063,982 | -

8 | Related party transactions

Transactions with the director

2025 | At 1 January 2025 £ | Advances to director £ | Repayments by director £ | At 31 December 2025 £
Mr J R Chong
Directors Loan | (817,077) | 63,395 | (310,299) | (1,063,982)

CC Motorsport Racing Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

2024 | At 1 January 2024 £ | Advances to director £ | Repayments by director £ | At 31 December 2024 £
Mr J R Chong
Directors Loan | (370,716) | 11,862 | (458,223) | (817,077)