TONY THOMPSON RACING LIMITED

TONY THOMPSON RACING LIMITED

TONY THOMPSON RACING LIMITED - Company Information

Print Friendly Version

TONY THOMPSON RACING LIMITED

Company Registration Number:
04691034 (England and Wales)

Unaudited abridged accounts for the year ended 31 March 2021

Period of accounts

Start date: 01 April 2020

End date: 31 March 2021

TONY THOMPSON RACING LIMITED

Contents of the Financial Statements

for the Period Ended 31 March 2021

Balance sheet
Notes

TONY THOMPSON RACING LIMITED

Balance sheet

As at 31 March 2021


Notes
2021
2020


£
£
Fixed assets
Tangible assets: 3 239,920 246,565
Total fixed assets: 239,920 246,565
Current assets
Stocks: 25,000 23,000
Debtors:   37,790 35,409
Cash at bank and in hand: 497,538 383,574
Total current assets: 560,328 441,983
Creditors: amounts falling due within one year:   (180,009) (162,450)
Net current assets (liabilities): 380,319 279,533
Total assets less current liabilities: 620,239 526,098
Creditors: amounts falling due after more than one year:   (114,998) (114,998)
Total net assets (liabilities): 505,241 411,100
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 505,141 411,000
Shareholders funds: 505,241 411,100

The notes form part of these financial statements

TONY THOMPSON RACING LIMITED

Balance sheet statements

For the year ending 31 March 2021 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 01 June 2021
and signed on behalf of the board by:

Name: EDWARD 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 2021

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 2021

2. Employees

2021 2020
Average number of employees during the period 5 6

TONY THOMPSON RACING LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2021

3. Tangible Assets

Total
Cost £
At 01 April 2020 278,160
Additions 2,672
At 31 March 2021 280,832
Depreciation
At 01 April 2020 31,595
Charge for year 9,317
At 31 March 2021 40,912
Net book value
At 31 March 2021 239,920
At 31 March 2020 246,565