REGISTERED NUMBER: 07001860 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST DECEMBER 2025

FOR

BAM MOTORSPORTS LIMITED

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTOR:

D Madgwick

REGISTERED OFFICE:

Unit 4B Railway View

Clay Cross

Chesterfield

Derbyshire

S45 9FR

REGISTERED NUMBER:

07001860 (England and Wales)

ACCOUNTANTS:

Camfield Chapman Lowe

9a High Street

Woburn Sands

Milton Keynes

Buckinghamshire

MK17 8RF

FIXED ASSETS

Tangible assets

4

3,281

5,740

CURRENT ASSETS

Debtors

5

1,911,481

1,678,716

Cash at bank and in hand

713,862

581,217

2,625,343

2,259,933

CREDITORS

Amounts falling due within one year

6

2,335,658

2,026,591

NET CURRENT ASSETS

289,685

233,342

TOTAL ASSETS LESS CURRENT LIABILITIES

292,966

239,082

PROVISIONS FOR LIABILITIES

820

1,435

NET ASSETS

292,146

237,647

CAPITAL AND RESERVES

Called up share capital

100

100

Capital redemption reserve

49

49

Retained earnings

291,997

237,498

SHAREHOLDERS' FUNDS

292,146

237,647

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 25th September 2026 and were signed by:

D Madgwick - Director

1.	STATUTORY INFORMATION

BAM Motorsports Limited 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.

Fixtures and fittings

-

25% on cost

Computer equipment

-

25% on cost

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2024 - 5 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Computer

fittings

equipment

Totals

£

£

£

COST

At 1st January 2025

and 31st December 2025

2,794

14,301

17,095

DEPRECIATION

At 1st January 2025

2,133

9,222

11,355

Charge for year

397

2,062

2,459

At 31st December 2025

2,530

11,284

13,814

NET BOOK VALUE

At 31st December 2025

264

3,017

3,281

At 31st December 2024

661

5,079

5,740

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

612,896

263,243

Amounts owed by associates

1,116,133

965,447

Other debtors

182,452

450,026

1,911,481

1,678,716

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Payments on account

11,117

7,516

Trade creditors

226,035

439,165

Amounts owed to associates

814,804

531,409

Taxation and social security

24,386

33,862

Other creditors

1,259,316

1,014,639

2,335,658

2,026,591

7.	RELATED PARTY DISCLOSURES

Balances owed to BAM Motorsports Limited from other companies under the common control of the director are as follows:

BAM Motorsport Promotions Limited £104,903 (2024 £101,928)

David Madgwick trading as BAM Specialist Cars £1,021,230 (2024 £860,519)

Balances due to companies under the common control of the director are as follows:

BAM Motorsport Management Limited £773,360 (2024 £531,409 )

D.Madgwick & BAM Motorsport Promotions Limited £41,444 (2024 £nil)

Balances are unsecured.