Slalom Performance Racing Limited,Ltd - AccountsLtd - Accounts

Slalom Performance Racing Limited,Ltd - AccountsLtd - Accounts

SLALOM PERFORMANCE RACING LIMITED - Company Information

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2018-03-01 11229998 2019-02-28 11229998 2018-03-01 2019-02-28 11229998 uk-bus:RegisteredOffice 2018-03-01 2019-02-28 11229998 uk-bus:Director1 2018-03-01 2019-02-28 11229998 uk-bus:Director1 2019-02-28 11229998 uk-core:WithinOneYear 2019-02-28 11229998 uk-core:AfterOneYear 2019-02-28 11229998 uk-core:ShareCapital 2019-02-28 11229998 uk-core:RetainedEarningsAccumulatedLosses 2019-02-28 iso4217:GBP 11229998 uk-bus:AuditExemptWithAccountantsReport 2018-03-01 2019-02-28 11229998 uk-bus:FRS102 2018-03-01 2019-02-28 11229998 uk-bus:FullAccounts 2018-03-01 2019-02-28 11229998 uk-bus:PrivateLimitedCompanyLtd 2018-03-01 2019-02-28
Slalom Performance Racing Limited
Registered Number:11229998
For the year ended 28 February 2019
England and Wales
Report of the Director and Unaudited Financial Statements
2
For the year ended 28 February 2019
Slalom Performance Racing Limited
Contents Page
Company Information
1
2
Director's Report
3
Independent Accountants' Report
4
Income Statement
5
Other Comprehensive Income
6
Statement of Financial Position
7
Notes to the Financial Statements
3
For the year ended 28 February 2019
Slalom Performance Racing Limited
Company Information
David Ryding
Director
11229998
Registered Number
181 South Road
Registered Office
Bretherton
Leyland
PR26 9AJ
R&L Accountants Limited
Accountants
181 South Road
Bretherton
PR26 9AJ
National Westminster Plc
Bankers
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4
For the year ended 28 February 2019
Slalom Performance Racing Limited
Director's Report
The director presents his report and financial statements for the year ended 28 February 2019.
Principal activities
The principal activity of the company continued to be that of
Director
The director who served the company throughout the year was as follows:
David Ryding
David Ryding
Signed on behalf of the board of directors
This report has been prepared in accordance with the special provisions relating to small companies within Part 15 of the Companies Act 2006.
Date:
12 October 2019
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5
For the year ended 28 February 2019
Slalom Performance Racing Limited
Independent Accountants' Report
As described on the Statement of Financial Position you are responsible for the preparation of the financial statements
for the year ended 28 February 2019 and you consider that the company is exempt from an audit under the
Companies Act 2006. In accordance with your instructions, we have compiled these unaudited financial statements in
order to assist you to fulfil your statutory responsibilities, from the accounting records and information and
explanations supplied to us.
R&L Accountants Limited
181 South Road
Bretherton
PR26 9AJ
Date:
14 October 2019
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6
For the year ended 28 February 2019
Slalom Performance Racing Limited
Income Statement
2019
£
Turnover
205,378
Gross profit
205,378
Administrative expenses
(18,923)
Operating profit
186,455
186,455
Profit before taxation
186,455
Profit for the financial year
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For the year ended 28 February 2019
Slalom Performance Racing Limited
Other Comprehensive Income
2019
£
186,455
Profit/Loss for the financial year
Total comprehensive income since last annual report
186,455
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As at 28 February 2019
Slalom Performance Racing Limited
Statement of Financial Position
Registered Number :
11229998
£
2019
Notes
Current assets
Cash and cash equivalents
166,913
166,913
Trade and other payables: amounts falling due within one
year
(358)
2
166,555
Net current assets
Total assets less current liabilities
166,555
Trade and other payables: amounts falling due after more
than one year
(2,500)
3
164,055
Net assets/liabilities
Capital and reserves
Called up share capital
100
Retained earnings
163,955
164,055
Shareholders' funds
For the year ended 28 February 2019 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 of its financial statements for the year ended 28 February 2019 in accordance with Section 476 of the Companies Act 2006
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section
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 in accordance with the provisions applicable to companies subject to the small companies regime.
David Ryding
These financial statements were approved and authorised for issue by the Board on 12 October 2019 and were signed by:
The notes form part of these financial statements
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For the year ended 28 February 2019
Slalom Performance Racing Limited
Notes to the Financial Statements
Statutory Information
Slalom Performance Racing Limited is a private limited company, limited by shares, domiciled in England and Wales,
registration number 11229998.
Registered address:
181 South Road
Bretherton
Leyland
PR26 9AJ
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.
2. Trade and other payables: amounts falling due within one year
2019
£
Other creditors
358
3. Trade and other payables: amounts falling due after more than one year
2019
£
Other creditors
2,500
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