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COMPANY REGISTRATION NUMBER: 11725027

Racing Experiences L Limited

Filleted Unaudited Financial Statements

31 December 2025

Racing Experiences L Limited

Financial Statements

Year ended 31 December 2025

Contents | Page

Statement of financial position | 1

Notes to the financial statements | 2

Racing Experiences L Limited

Statement of Financial Position

31 December 2025

| 2025 | 2024
Note | £ | £

Fixed assets

Tangible assets | 5 | 39,594 | 59,442

Current assets

Debtors | 6 | 1 | 10,001
Cash at bank and in hand | 12,830 | 3,797
| -------- | --------
| 12,831 | 13,798

Creditors: amounts falling due within one year | 7 | 833,539 | 925,637
| --------- | ---------
Net current liabilities | 820,708 | 911,839
| --------- | ---------
Total assets less current liabilities | ( 781,114) | ( 852,397)
| --------- | ---------
Net liabilities | ( 781,114) | ( 852,397)
| --------- | ---------

Capital and reserves

Called up share capital | 1 | 1
Profit and loss account | ( 781,115) | ( 852,398)
| --------- | ---------
Shareholders deficit | ( 781,114) | ( 852,397)
| --------- | ---------

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 income statement 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.
Director's 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 director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
These financial statements were approved by the board of directors and authorised for issue on 5 August 2026 , and are signed on behalf of the board by:

Mr D J Beddows |
Director |

Company registration number: 11725027

Racing Experiences L 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 The Jam Pot Phoenix Brewery, 13 Bramley Road, London, W10 6SZ, United Kingdom.
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.
Going concern
These accounts have been prepared on a going concern basis. The directors are satisfied that the company will continue to meet its current obligations for at least the next 12 months.
Judgements and key sources of estimation uncertainty
The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.
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.
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:

| Plant and machinery | - | 20% straight line
| Motor vehicles | - | 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.
Financial instruments
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses. Loans and borrowings are initially recognised at the transaction price including transaction costs. Subsequently, they are measured at amortised cost using the effective interest rate method, less impairment. If an arrangement constitutes a finance transaction it is measured at present value.
4. Employee numbers
The average number of persons employed by the company during the year amounted to 1 (2024: 1 ).
5. Tangible assets

| Plant and machinery | Motor vehicles | Total
| £ | £ | £
Cost |  |  |
At 1 January 2025 and 31 December 2025 | 1,996 | 456,726 | 458,722
| ------- | --------- | ---------
Depreciation |  |  |
At 1 January 2025 | 1,996 | 397,284 | 399,280
Charge for the year | – | 19,848 | 19,848
| ------- | --------- | ---------
At 31 December 2025 | 1,996 | 417,132 | 419,128
| ------- | --------- | ---------
Carrying amount |  |  |
At 31 December 2025 | – | 39,594 | 39,594
| ------- | --------- | ---------
At 31 December 2024 | – | 59,442 | 59,442
| ------- | --------- | ---------

6. Debtors

| 2025 | 2024
| £ | £
Trade debtors | – | 10,000
Other debtors | 1 | 1
| ---- | --------
| 1 | 10,001
| ---- | --------

7. Creditors: amounts falling due within one year

| 2025 | 2024
| £ | £
Trade creditors | 2,571 | 21,140
Amounts owed to group undertakings and undertakings in which the company has a participating interest | 729,127 | 802,572
Social security and other taxes | 341 | 425
Loan from Track-Enduro | 100,000 | 100,000
Other creditors | 1,500 | 1,500
| --------- | ---------
| 833,539 | 925,637
| --------- | ---------

8. Related party transactions
The company owed a total of £729,145 (2024: £729,145) to Racing Experiences Limited, the parent company. No security or guarantees were made against the balance. The company owed a total of £nil (2024: £21,957) to TechTrak Racing Limited. The company was owed a total of £18 (2024: £nil) by TechTrak Racing Limited. No security or guarantees were made against the balance. The company owed a total of £nil (2024: £51,470) to Racing Experiences Holdings 4 Limited.
9. Controlling party
The company was under the control of Racing Experiences Limited (company number 11602047), registered in the UK with a registered office address of The Jam Pot Phoenix Brewery, 13 Bramley Road, London, United Kingdom, W10 6SZ . This is considered the ultimate controlling party.