REGISTERED NUMBER: 01206693 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2025

for

Racehill (Services) Limited

Page

Balance Sheet

1

Notes to the Financial Statements

2

FIXED ASSETS

Tangible assets

4

1

1

CURRENT ASSETS

Debtors

5

7,278

13,533

Cash at bank

6

6,841

896

14,119

14,429

CREDITORS

Amounts falling due within one year

7

1,729

5,299

NET CURRENT ASSETS

12,390

9,130

TOTAL ASSETS LESS CURRENT LIABILITIES

12,391

9,131

CAPITAL AND RESERVES

Called up share capital

8

12

12

Income and expenditure account

9

12,379

9,119

SHAREHOLDERS' FUNDS

12,391

9,131

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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 surplus or deficit 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the director and authorised for issue on 22 November 2025 and were signed by:

Mr M V Taylor - Director

1.	STATUTORY INFORMATION

Racehill (Services) Limited is a private company, limited by guarantee , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

01206693

Registered office:

C/o Ford's Residential Management

Stuart's House, 7 Ambassador Place

Stockport Road

Altrincham

Cheshire

WA15 8DB

The presentation currency of the financial statements is the Pound Sterling (£).

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 represents service charges receivable from the lessees for the year.

Tangible fixed assets

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

Freehold property

-

Nil due to nominal value

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Freehold

property

£

COST

At 1 April 2024

and 31 March 2025

1

NET BOOK VALUE

At 31 March 2025

1

At 31 March 2024

1

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Service charges in arrears

154

6,799

Prepayments

7,124

6,734

7,278

13,533

6.	CASH AT BANK

Service charge monies were held in trust by the Managing Agent, in accordance with section 42, Landlord and Tenant Act 1987.

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Creditors

1,181

4,762

Accrued expenses

548

537

1,729

5,299

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

12

Ordinary

£1

12

12

9.

RESERVES

Income

and

expenditure

account

£

At 1 April 2024

9,119

Surplus for the year

-

Transfer to reserves

3,260

At 31 March 2025

12,379