Speed Events Ltd - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 07737465 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 July 2020

for

Speed Events Ltd

Page

Balance Sheet

1

FIXED ASSETS

190

254

CURRENT ASSETS

20,675

8,088

CREDITORS

Amounts falling due within one year

(10,004

)

(7,708

)

NET CURRENT ASSETS

10,671

380

TOTAL ASSETS LESS CURRENT LIABILITIES

10,861

634

CREDITORS

Amounts falling due after more than one year

10,000

-

NET ASSETS

861

634

CAPITAL AND RESERVES

861

634

NOTES TO THE FINANCIAL STATEMENTS

1.	STATUTORY INFORMATION

Speed Events Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

07737465

Registered office:

28 Breckfield Road South

Liverpool

Merseyside

L6 5DR

2.	AVERAGE NUMBER OF EMPLOYEES

The average number of employees during the year was 1 (2019 - 1 ) .

3.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 July 2020 and 31 July 2019:

31.7.20

31.7.19

£

£

Mr A Iqbal

Balance outstanding at start of year

1,406

2,861

Amounts advanced

9,211

-

Amounts repaid

-

(1,455

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

10,617

1,406

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2020.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2020 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 profit or loss 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 in accordance with the micro-entity provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the director and authorised for issue on 27 July 2021 and were signed by:

Mr A Iqbal - Director