Confido Racing Limited


Directors	Catherine Simone Lyttle
	Ian Boyd Lyttle


Registered Address	Unit Ft4-3 Greenlands Farm
	Cow Lane
	Moulsford
	OX10 9JT


Registered Number	06746242 (England and Wales)

Balance Sheet as at
30 November 2025

	Notes	2025		2024
		£	£	£	£
Fixed assets
Tangible assets	3		2,495		18,711
			2,495		18,711
Current assets
Debtors		-		12,119
		-		12,119
Creditors amounts falling due within one year	4	(27,821)		(34,194)
Net current assets (liabilities)			(27,821)		(22,075)
Total assets less current liabilities			(25,326)		(3,364)
Creditors amounts falling due after one year	5		(38,232)		(28,823)
Net assets			(63,558)		(32,187)
Capital and reserves
Called up share capital			100		100
Profit and loss account			(63,658)		(32,287)
Shareholders' funds			(63,558)		(32,187)

The company was entitled to exemption from audit for this reporting period 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 in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Board of Directors on 26 August 2026, and are signed on its behalf by:

Ian Boyd Lyttle
Director
Registered Company No. 06746242

Confido Racing Limited

Notes to the Financial Statements
for the year ended 30 November 2025

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.

	Revenue from sale of goods
	Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.

Revenue from sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.

	Revenue from rendering of services
	Revenue 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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

	Employee benefits
	Contributions to defined contribution plans are expensed in the period to which they relate.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

Foreign currency translation

Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

	Tangible fixed assets and depreciation
	Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:

2.	Average number of employees


		2025		2024
	Average number of employees during the year	3		3

3.	Tangible fixed assets

	Plant & machinery	Vehicles	Fixtures & fittings	Total
	£	£	£	£
Cost or valuation
At 01 December 24	7,185	35,884	165,293	208,362
At 30 November 25	7,185	35,884	165,293	208,362
Depreciation and impairment
At 01 December 24	7,185	23,923	158,543	189,651
Charge for year	-	11,961	4,255	16,216
At 30 November 25	7,185	35,884	162,798	205,867
Net book value
At 30 November 25	-	-	2,495	2,495
At 30 November 24	-	11,961	6,750	18,711

4.	Creditors: amounts due within one year

	2025	2024
	£	£
Bank borrowings and overdrafts	2,561	4,284
Taxation and social security	21,932	19,679
Finance lease and HP contracts	-	7,103
Other creditors	1,528	1,528
Accrued liabilities and deferred income	1,800	1,600
Total	27,821	34,194


	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

5.	Creditors: amounts due after one year

	2025	2024
	£	£
Other creditors	38,232	28,823
Total	38,232	28,823

6.	Obligations under finance leases

		2025		2024
		£		£
	Finance lease and HP contracts	-		22,493