TOTAL CONTROL RACING LIMITED

TOTAL CONTROL RACING LIMITED

TOTAL CONTROL RACING LIMITED - Company Information

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TOTAL CONTROL RACING LIMITED

Company Registration Number:
03979351 (England and Wales)

Unaudited abridged accounts for the year ended 30 November 2019

Period of accounts

Start date: 01 December 2018

End date: 30 November 2019

TOTAL CONTROL RACING LIMITED

Contents of the Financial Statements

for the Period Ended 30 November 2019

Balance sheet
Notes

TOTAL CONTROL RACING LIMITED

Balance sheet

As at 30 November 2019


Notes
2019
2018


£
£
Fixed assets
Tangible assets: 2 31,904 12,042
Total fixed assets: 31,904 12,042
Current assets
Stocks: 4,000 4,000
Debtors:   2,715 5,052
Cash at bank and in hand: 156,077 66,571
Total current assets: 162,792 75,623
Creditors: amounts falling due within one year:   (112,103) (64,630)
Net current assets (liabilities): 50,689 10,993
Total assets less current liabilities: 82,593 23,035
Total net assets (liabilities): 82,593 23,035
Capital and reserves
Called up share capital: 1,000 1,000
Profit and loss account: 81,593 22,035
Shareholders funds: 82,593 23,035

The notes form part of these financial statements

TOTAL CONTROL RACING LIMITED

Balance sheet statements

For the year ending 30 November 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 12 March 2020
and signed on behalf of the board by:

Name: L J BROOKES
Status: Director

The notes form part of these financial statements

TOTAL CONTROL RACING LIMITED

Notes to the Financial Statements

for the Period Ended 30 November 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

TOTAL CONTROL RACING LIMITED

Notes to the Financial Statements

for the Period Ended 30 November 2019

2. Tangible Assets

Total
Cost £
At 01 December 2018 447,122
Additions 28,201
Disposals (12,000)
At 30 November 2019 463,323
Depreciation
At 01 December 2018 435,080
Charge for year 8,339
On disposals (12,000)
At 30 November 2019 431,419
Net book value
At 30 November 2019 31,904
At 30 November 2018 12,042