TONY THOMPSON RACING LIMITED

TONY THOMPSON RACING LIMITED

TONY THOMPSON RACING LIMITED - Company Information

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TONY THOMPSON RACING LIMITED

Company Registration Number:
04691034 (England and Wales)

Unaudited abridged accounts for the year ended 31 March 2019

Period of accounts

Start date: 01 April 2018

End date: 31 March 2019

TONY THOMPSON RACING LIMITED

Contents of the Financial Statements

for the Period Ended 31 March 2019

Balance sheet
Notes

TONY THOMPSON RACING LIMITED

Balance sheet

As at 31 March 2019


Notes
2019
2018


£
£
Fixed assets
Tangible assets: 2 231,427 252,518
Total fixed assets: 231,427 252,518
Current assets
Stocks: 22,000 18,000
Debtors:   74,940 115,447
Cash at bank and in hand: 328,810 364,259
Total current assets: 425,750 497,706
Creditors: amounts falling due within one year:   (178,054) (222,785)
Net current assets (liabilities): 247,696 274,921
Total assets less current liabilities: 479,123 527,439
Creditors: amounts falling due after more than one year:   (114,998) (199,998)
Total net assets (liabilities): 364,125 327,441
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 364,025 327,341
Shareholders funds: 364,125 327,441

The notes form part of these financial statements

TONY THOMPSON RACING LIMITED

Balance sheet statements

For the year ending 31 March 2019 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.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 22 July 2019
and signed on behalf of the board by:

Name: Mr A Thompson
Status: Director

The notes form part of these financial statements

TONY THOMPSON RACING LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2019

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

TONY THOMPSON RACING LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2019

2. Tangible Assets

Total
Cost £
At 01 April 2018 274,269
Additions 418
Disposals (15,000)
At 31 March 2019 259,687
Depreciation
At 01 April 2018 21,751
Charge for year 6,509
At 31 March 2019 28,260
Net book value
At 31 March 2019 231,427
At 31 March 2018 252,518