Company Registration No. 08146960 (England and Wales)
Challenge Running Ltd
Unaudited accounts
for the year ended 31 March 2026
Challenge Running Ltd
Unaudited accounts
Contents
Challenge Running Ltd
Company Information
for the year ended 31 March 2026
Company Number
08146960 (England and Wales)
Registered Office
Mail Boxes Etc
Communications House
9 St. Johns Street
Colchester
Essex
CO2 7NN
England
Accountants
Sleek Accounting Ltd
4th Floor
205 Regent Street
London
W1B 4HB
Challenge Running Ltd
Statement of financial position
as at 31 March 2026
Cash at bank and in hand
10,078
9,130
Creditors: amounts falling due within one year
(38,556)
(11,609)
Net current liabilities
(25,153)
(2,329)
Total assets less current liabilities
(25,153)
(1,779)
Creditors: amounts falling due after more than one year
(15,086)
(18,657)
Net liabilities
(40,239)
(20,436)
Called up share capital
1
1
Profit and loss account
(40,240)
(20,437)
Shareholders' funds
(40,239)
(20,436)
For the year ending 31 March 2026 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 director acknowledges his 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 and authorised for issue on 18 August 2026 and were signed on its behalf by
Lindley Chambers
Director
Company Registration No. 08146960
Challenge Running Ltd
Notes to the Accounts
for the year ended 31 March 2026
Challenge Running Ltd is a private company, limited by shares, registered in England and Wales, registration number 08146960. The registered office is Mail Boxes Etc, Communications House, 9 St. Johns Street, Colchester, Essex, CO2 7NN, 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
25% Reducing balance
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
At the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements.
Challenge Running Ltd
Notes to the Accounts
for the year ended 31 March 2026
4
Tangible fixed assets
Motor vehicles
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2026
2025
Bank loans and overdrafts
26,046
-
Taxes and social security
171
-
Other creditors
2,059
2,324
Loans from directors
6,074
47
7
Creditors: amounts falling due after more than one year
2026
2025
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1
1
9
Average number of employees
During the year the average number of employees was 1 (2025: 1).