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Company Registration No. 14546011 (England and Wales)
Chafer Racing Developments Ltd Unaudited accounts for the year ended 31 January 2026
Chafer Racing Developments Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Chafer Racing Developments Ltd Company Information for the year ended 31 January 2026
Director
A. Chafer
Company Number
14546011 (England and Wales)
Registered Office
Unit 17 Horham Business Park Horham Road Denham Eye IP21 5DQ United Kingdom
Accountants
Aldertons Accountants Oak House 2 Woodward Close Ipswich Suffolk IP2 0EA
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Chafer Racing Developments Ltd Statement of financial position as at 31 January 2026
2026 
2025 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
8,129 
10,755 
Current assets
Inventories
13,081 
26,553 
Debtors
5
24,284 
12,410 
Cash at bank and in hand
13,823 
3,871 
51,188 
42,834 
Creditors: amounts falling due within one year
6
(37,644)
(33,819)
Net current assets
13,544 
9,015 
Net assets
21,673 
19,770 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
21,672 
19,769 
Shareholders' funds
21,673 
19,770 
For the year ending 31 January 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 15 June 2026 and were signed on its behalf by
A. Chafer Director Company Registration No. 14546011
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Chafer Racing Developments Ltd Notes to the Accounts for the year ended 31 January 2026
1
Statutory information
Chafer Racing Developments Ltd is a private company, limited by shares, registered in England and Wales, registration number 14546011. The registered office is Unit 17 Horham Business Park Horham Road, Denham, Eye, IP21 5DQ, United Kingdom.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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:
Plant & machinery
5 years
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 February 2025
10,648 
7,346 
- 
17,994 
Additions
- 
- 
1,214 
1,214 
At 31 January 2026
10,648 
7,346 
1,214 
19,208 
Depreciation
At 1 February 2025
4,301 
2,938 
- 
7,239 
Charge for the year
2,129 
1,469 
242 
3,840 
At 31 January 2026
6,430 
4,407 
242 
11,079 
Net book value
At 31 January 2026
4,218 
2,939 
972 
8,129 
At 31 January 2025
6,347 
4,408 
- 
10,755 
5
Debtors
2026 
2025 
£ 
£ 
Amounts falling due within one year
Trade debtors
24,284 
9,933 
Accrued income and prepayments
- 
2,477 
24,284 
12,410 
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Chafer Racing Developments Ltd Notes to the Accounts for the year ended 31 January 2026
6
Creditors: amounts falling due within one year
2026 
2025 
£ 
£ 
VAT
7,826 
4,463 
Taxes and social security
3,541 
4,576 
Loans from directors
20,714 
22,880 
Accruals
5,563 
1,900 
37,644 
33,819 
7
Average number of employees
During the year the average number of employees was 1 (2025: 1).
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