REGISTERED NUMBER: 11725665 (England and Wales)

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST DECEMBER 2025

FOR

PREMIUM KARTING LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

M Higham

SECRETARY:

REGISTERED OFFICE:

81 Longmeads

Langton Green

Tunbridge Wells

Kent

TN3 0AU

REGISTERED NUMBER:

11725665 (England and Wales)

ACCOUNTANTS:

R.T. Cruse

Accountancy Services Limited

15 St Leonards Road

Epsom Downs

Surrey

KT18 5RG

FIXED ASSETS

Tangible assets

4

113,296

126,596

CURRENT ASSETS

Debtors

5

27,698

8,694

Cash at bank

91,869

79,429

119,567

88,123

CREDITORS

Amounts falling due within one year

6

43,196

70,591

NET CURRENT ASSETS

76,371

17,532

TOTAL ASSETS LESS CURRENT LIABILITIES

189,667

144,128

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

189,567

144,028

SHAREHOLDERS' FUNDS

189,667

144,128

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

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

The director acknowledges his 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 director and authorised for issue on 27th August 2026 and were signed by:

M Higham - Director

1.	STATUTORY INFORMATION

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

2.	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, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

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

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Motor

Computer

machinery

vehicles

equipment

Totals

£

£

£

£

COST

At 1st January 2025

30,025

251,234

1,108

282,367

Additions

507

26,384

-

26,891

Disposals

-

(19,697

)

(609

)

(20,306

)

At 31st December 2025

30,532

257,921

499

288,952

DEPRECIATION

At 1st January 2025

13,669

140,994

1,108

155,771

Charge for year

2,530

32,986

-

35,516

Eliminated on disposal

-

(15,022

)

(609

)

(15,631

)

At 31st December 2025

16,199

158,958

499

175,656

NET BOOK VALUE

At 31st December 2025

14,333

98,963

-

113,296

At 31st December 2024

16,356

110,240

-

126,596

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

16,732

-

Other debtors

10,966

8,694

27,698

8,694

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

12

1,955

Trade creditors

133

3,968

Taxation and social security

13,721

-

Other creditors

29,330

64,668

43,196

70,591