REGISTERED NUMBER: 14640525 (England and Wales)

Financial Statements for the Year Ended 31 December 2025

for

Sanderum Motorsport Simulators Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

to

4

DIRECTORS:

Mr M W Reid

Mr R A Boughton

Mr C J Shennan

REGISTERED OFFICE:

Sanderum House

Oakley Road

Chinnor

United Kingdom

OX39 4TW

REGISTERED NUMBER:

14640525 (England and Wales)

FIXED ASSETS

Tangible assets

4

3,379

3,690

CURRENT ASSETS

Stocks

96,666

96,666

Debtors

5

11,184

6,595

Cash at bank

3,166

24,077

111,016

127,338

CREDITORS

Amounts falling due within one year

6

(45,546

)

(26,897

)

NET CURRENT ASSETS

65,470

100,441

TOTAL ASSETS LESS CURRENT LIABILITIES

68,849

104,131

CREDITORS

Amounts falling due after more than one year

7

(198,526

)

(163,302

)

PROVISIONS FOR LIABILITIES

(642

)

(701

)

NET LIABILITIES

(130,319

)

(59,872

)

CAPITAL AND RESERVES

Called up share capital

200

200

Retained earnings

(130,519

)

(60,072

)

(130,319

)

(59,872

)

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 22 July 2026 and were signed on its behalf by:

Mr C J Shennan - Director

1.	STATUTORY INFORMATION

Sanderum Motorsport Simulators 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.

Plant and machinery etc

-

33% on cost and 20% on cost

Stocks

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

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 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.

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.

Fixed assets

All fixed assets are initially recorded at cost.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2024 - 4 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 January 2025

5,400

Additions

814

At 31 December 2025

6,214

DEPRECIATION

At 1 January 2025

1,710

Charge for year

1,125

At 31 December 2025

2,835

NET BOOK VALUE

At 31 December 2025

3,379

At 31 December 2024

3,690

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

4,887

-

Other debtors

6,297

6,595

11,184

6,595

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

1,362

1,688

Taxation and social security

484

-

Other creditors

43,700

25,209

45,546

26,897

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Other creditors

198,526

163,302