Patrick Haslam Racing Ltd - Dormant company accounts 11.9

REGISTERED NUMBER: SC254675 (Scotland)

Unaudited Financial Statements for the Year Ended 31 August 2015

for

PATRICK HASLAM RACING LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

P Haslam

Mrs A M C Haslam

SECRETARY:

Mrs A M C Haslam

REGISTERED OFFICE:

29 Brandon Street

Hamilton

Lanarkshire

ML3 6DA

REGISTERED NUMBER:

SC254675 (Scotland)

BANKERS:

Barclays Bank Plc

Market Place

Leyburn

North Yorkshire

DL8 5YT

CURRENT ASSETS

Cash at bank

368

CREDITORS

Amounts falling due within one year

300,996

NET CURRENT LIABILITIES

(300,628

)

(300,628

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

(300,628

)

(300,628

)

CAPITAL AND RESERVES

Called up share capital

2

100

Profit and loss account

(300,728

)

(300,728

)

SHAREHOLDERS' FUNDS

(300,628

)

(300,628

)

The company is entitled to exemption from audit under Section 480 of the Companies Act 2006 for the year ended 31 August 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2015 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

These financial statements have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 26 February 2016 and were signed on its behalf
by:

P Haslam - Director

1.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The accounts have been prepared on a going concern basis as the director has undertaken to continue supporting

the company through his director's loan account until such time as the company has generated sufficient profits

to allow it to be repaid.

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with the

Financial Reporting Standard for Smaller Entities (effective April 2008).

The company was dormant throughout the current year and previous year.

2.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2015

2014

value:

£

100

Ordinary

£1

100