Company Registration No. 10271242 (England and Wales)
Equine Racing Ltd
Unaudited accounts
for the year ended 31 July 2017
Equine Racing Ltd
Unaudited accounts
Contents
Equine Racing Ltd
Company Information
for the year ended 31 July 2017
Company Number
10271242 (England and Wales)
Registered Office
247 Church Street
London
N16 9HP
United Kingdom
Accountants
Wyatts Partnership Ltd
247 Church Street
London
N16 9HP
Equine Racing Ltd
Statement of financial position
as at 31 July 2017
Cash at bank and in hand
141
-
Creditors: amounts falling due within one year
(224,290)
100
Net current (liabilities)/assets
(224,149)
100
Net (liabilities)/assets
(24,149)
100
Called up share capital
100
100
Profit and loss account
(24,249)
-
Shareholders' funds
(24,149)
100
For the year ending 31 July 2017 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
Approved by the Board on 9 April 2018.
Anders Olesen
Director
Company Registration No. 10271242
Equine Racing Ltd
Notes to the Accounts
for the year ended 31 July 2017
Equine Racing Ltd is a private company, limited by shares, registered in England and Wales, registration number 10271242. The registered office is 247 Church Street, London, N16 9HP, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
These financial statements for the year ended 31 July 2017 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 11 July 2016.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
4
Investments
Other investments
Valuation at 1 August 2016
-
Valuation at 31 July 2017
200,000
5
Creditors: amounts falling due within one year
2017
2016
Taxes and social security
(8,611)
-
Loans from directors
232,901
(100)
6
Average number of employees
During the year the average number of employees was 0 (2016: 0).
