2025-04-01 2026-03-31 07869864 Ashington Autodrome Properties Limited false 07869864 2025-04-01 2026-03-31 07869864 uk-bus:Director1 2025-04-01 2026-03-31 07869864 uk-bus:AuditExempt-NoAccountantsReport 2025-04-01 2026-03-31 07869864 uk-bus:SmallEntities 2025-04-01 2026-03-31 07869864 uk-bus:FullAccounts 2025-04-01 2026-03-31 07869864 uk-bus:PrivateLimitedCompanyLtd 2025-04-01 2026-03-31 07869864 2025-04-01 07869864 2026-03-31 07869864 2025-03-31 xbrli:pure iso4217:GBP 07869864 2024-04-01 2025-03-31
Company Registration Number : 07869864 (England and Wales)
07869864
This company is a private limited company
This company sells stuff to other companies
The company was trading for the entire period
Full Accounts
2026-03-31
false
Ashington Autodrome Properties Limited
The accounts were prepared in accordance with FRS102A
The accounts have been audited
2025-04-01
Ashington Autodrome Properties Limited
Unaudited filleted financial statements
For the year ended 31 March 2026
Ashington Autodrome Properties Limited
Contents
For the year ended 31 March 2026
CONTENTS PAGE
Company Information 3
Directors' Report 4
Accountant's Report 5
Statement of Financial Position 6
Notes to the Financial Statements 7 - 8


Ashington Autodrome Properties Limited
Company Information
For the year ended 31 March 2026
Company registration number 07869864 (England and Wales)
Directors Colin Henry Davidson
Faye Tait
Company secretary Mark Hudspith
Registered office address C/O Davidsons Of Morpeth
Coopies Way
Morpeth
Northumberland
NE61 6JN
Accountant Harrison Hutchinson Ltd
Chartered Accountants
246 Park View
Whitley Bay
Tyne and Wear
NE26 3QX
Ashington Autodrome Properties Limited
Directors' Report
For the year ended 31 March 2026
The directors present their report and the Unaudited Financial Statements of the company for the year ended 31 March 2026.
Directors of the company
The following directors held office during the whole of the period:
Colin Henry Davidson
Faye Tait
Small company provision
This report has been prepared in accordance with the special provisions for small companies within Part 15 of the Companies Act 2006.
Statement of Director responsibilities
The directors are responsible for preparing the financial statements in accordance with applicable law and regulations.

Company law requires the directors to prepare such financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), FRS 102 1A

Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. In preparing these financial statements, the directors are required to;

-select suitable accounting policies and then apply them consistently;
-make judgements and accounting estimates that are reasonable and prudent; and
-prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.

The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Approved by the Board of directors and signed on its behalf by:
Faye Tait (Director)
Date: 11 August 2026
This report was approved by the board on 2026-08-11 Date: 11 August 2026
4
Ashington Autodrome Properties Limited
Accountant's report
For the year ended 31 March 2026
Chartered Accountant's report to the board of Directors on the preparation of the unaudited statutory accounts of Ashington Autodrome Properties Limited for the year ended 31 March 2026.
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Ashington Autodrome Properties Limited for the year ended 31 March 2026 which comprise the income statement, statement of financial position and related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at www.icaew.com/regulations.

This report is made solely to the Board of Directors of Ashington Autodrome Properties Limited, as a body. Our work has been undertaken solely to prepare for your approval the financial statements of Ashington Autodrome Properties Limited and state those matters that we have agreed to state to the Board of Directors of Ashington Autodrome Properties Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Ashington Autodrome Properties Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Ashington Autodrome Properties Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Ashington Autodrome Properties Limited. You consider that Ashington Autodrome Properties Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Ashington Autodrome Properties Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.
Harrison Hutchinson Ltd
Chartered Accountants
246 Park View
Whitley Bay
Tyne and Wear
NE26 3QX
2026-08-11 Date: 11 August 2026
5
Ashington Autodrome Properties Limited
Statement of Financial Position
For the year ended 31 March 2026
2026 2025
Notes £ £
Fixed assets
Property, plant and equipment 1,656,663 1,816,458
6 1,656,663 1,816,458
Current assets
Debtors 15,397 16,180
Cash and cash equivalents 153,982 3,671
169,379 19,851
Current liabilities
Creditors: Amounts falling due within one year (65,484) (96,063)
Corporation tax payable (25,053) (11,721)
(90,537) (107,784)
Net current assets/(liabilities) 78,842 (87,933)
Total assets less current liabilities 1,735,505 1,728,525
Non-current liabilities
Creditors: Amounts falling due after more than one year (1,135,925) (1,213,669)
Net assets/(liabilities) 599,580 514,856
Capital and reserves
Called up share capital 100 100
Retained earnings 599,480 514,756
Shareholder's funds 599,580 514,856
For the year ended 31 March 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006.
The directors have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibility for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the special provisions of the Companies Act 2006 applicable to companies subject to the small companies' regime and in accordance with FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" Section 1A.
The profit and loss account has not been delivered to the Registrar of Companies in accordance with the special provisions applicable to companies subject to the small entities regime. All the members of the company have consented to the drawing up of the abridged balance sheet.
  • For the year ended 31 March 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 directors acknowledge their responsibility for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
  • These accounts have been prepared 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.
Approved by the Board on 11 August 2026
.............................
Faye Tait (Director)
Company registration number: 07869864
/* == Copy of Frs105 Balance Sheet for XML COntent ============================================================ */
Balance sheet at 2026-03-31 31 March 2026
2026 2025
£ £
Fixed Assets 1,656,663 1,816,458
Current Assets 167,469 17,105
Prepayments and accrued income 1,910 2,746
Creditors: amounts falling due within one year (90,537) (107,784)
Net current assets/(liabilities) 78,842 (87,933)
Total assets less current liabilities 1,735,505 1,728,525
CREDITORS: Amounts falling due more than one year (1,135,925) (1,213,669)
Net Assets/(liabilities) 599,580 514,856
Capital and Reserves 599,580 514,856
For the year ending 31/03/2026 the company was entitled to exemption 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. For the year ending 31-03-2026 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit for the year in accordance with section 476.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the small companies provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Approved by the board of directors on 11 August 2026 2026-08-11 and signed on behalf of the board,
.............................
Faye Tait
Director
Company registration number: 07869864
Ashington Autodrome Properties Limited
Notes to the Financial Statements
For the year ended 31 March 2026
(1) General Information
The company is a private company limited by shares and is registered in England and Wales. The address of the registered office is C/O Davidsons Of Morpeth, Coopies Way, Morpeth, Northumberland, NE61 6JN.

(2) Statement of compliance
These individual financial statements have been prepared in accordance with FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" Section 1A and Companies Act 2006, as applicable to companies subject to the small companies' regime.

(3) Significant Accounting Policies
Basis of Preparation
The financial statements have been prepared on the historical cost basis and in accordance with the Companies Act 2006. The presentation and functional currency of the company is pounds sterling. The financial statements are presented in pound units (£) unless stated otherwise.
Rental income
Rental income from operating leases are recognised on a straight-line basis over the term of the relevant lease. Rental Income is included within other income from fixed assets.
Borrowing costs
All borrowing related costs are included within the statement of income in the period in which they are incurred using the effective interest method.
Property, plant and equipment
Property, plant and equipment is stated at cost less accumulated depreciation and impairment losses. Part of an item of property, plant and equipment having different useful lives are accounted for as separate items.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives, using the straight-line method. The estimated useful lives, residual values and depreciation method are reviewed at the end of each reporting period, with the effect of any changes in estimate accounted for on a prospective basis.

Depreciation is provided to write off the cost less estimated residual value, of each asset over its expected useful life as follows:

Asset class and depreciation rate
Land and Buildings0% straight line
Plant and Machinery0% straight line
Short Leasehold Properties
Investment Properties
Long Leasehold Properties
Commercial Vehicles
Fixtures and Fittings
Equipment
Motor Cars
Taxation
Taxation expense represents the aggregate amount of current tax and deferred tax recognised in the reporting period.
Current Tax
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit before tax as reported in the income statement because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

(4) Critical accounting judgements and key sources of estimation uncertainty
No judgement
No significant judgements or estimates have been made in preparation of these financial statements.

(5) Employees
During the year, the average number of employees including director was 0 (2025 : 0).

(6) Fixed assets
Tangible

£
Cost
As at 01 April 20251,816,459
Disposals(159,796)
As at 31 March 20261,656,663
Depreciation/Amortisation
As at 31 March 2026-
Net book value
As at 31 March 20261,656,663
As at 31 March 20251,816,459