REGISTERED NUMBER: 10600563 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 December 2025

for

Belle Vue Speedway 2017 Limited

Page

Balance Sheet

1

Notes to the Financial Statements

3

FIXED ASSETS

Intangible assets

3

-

-

Tangible assets

4

64,273

77,754

64,273

77,754

CURRENT ASSETS

Stocks

16,876

19,260

Debtors

5

60,881

56,940

Cash at bank and in hand

183,640

109,407

261,397

185,607

CREDITORS

Amounts falling due within one year

6

(268,007

)

(572,179

)

NET CURRENT LIABILITIES

(6,610

)

(386,572

)

TOTAL ASSETS LESS CURRENT LIABILITIES

57,663

(308,818

)

CREDITORS

Amounts falling due after more than one year

7

-

(8,219

)

NET ASSETS/(LIABILITIES)

57,663

(317,037

)

CAPITAL AND RESERVES

Called up share capital

1,000

1,000

Retained earnings

56,663

(318,037

)

57,663

(317,037

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 15 September 2026 and were signed on its behalf by:

Mr W A Rice - Director

1.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable net of VAT and trade discounts.

When the outcome of a transaction can be estimated reliably, turnover from services is recognised by reference to the stage of completion at the balance sheet date. Stage of completion is measured by reference to finalisation of work completed.

Where the outcome cannot be measured reliably, turnover is recognised only to the extent of the expenses recognised that are recoverable.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2017, is being amortised evenly over its estimated useful life of five years.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

20% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

2.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 13 (2024 - 6 ) .

3.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 January 2025

and 31 December 2025

67,000

AMORTISATION

At 1 January 2025

and 31 December 2025

67,000

NET BOOK VALUE

At 31 December 2025

-

At 31 December 2024

-

4.	TANGIBLE FIXED ASSETS

Fixtures

and

fittings

£

COST

At 1 January 2025

105,540

Additions

2,587

At 31 December 2025

108,127

DEPRECIATION

At 1 January 2025

27,786

Charge for year

16,068

At 31 December 2025

43,854

NET BOOK VALUE

At 31 December 2025

64,273

At 31 December 2024

77,754

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Trade debtors

29,648

20,311

Other debtors

31,233

36,629

60,881

56,940

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Bank loans and overdrafts

7,905

10,000

Trade creditors

15,047

12,882

Taxation and social security

20,816

(771

)

Other creditors

224,239

550,068

268,007

572,179

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.25

31.12.24

£

£

Bank loans

-

8,219