TONY THOMPSON RACING LIMITED

TONY THOMPSON RACING LIMITED

TONY THOMPSON RACING LIMITED - Company Information

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TONY THOMPSON RACING LIMITED

Company Registration Number:
04691034 (England and Wales)

Unaudited abridged accounts for the year ended 31 March 2018

Period of accounts

Start date: 01 April 2017

End date: 31 March 2018

TONY THOMPSON RACING LIMITED

Contents of the Financial Statements

for the Period Ended 31 March 2018

Balance sheet
Notes

TONY THOMPSON RACING LIMITED

Balance sheet

As at 31 March 2018


Notes
2018
2017


£
£
Fixed assets
Tangible assets: 2 252,518 260,751
Total fixed assets: 252,518 260,751
Current assets
Stocks: 18,000 15,021
Debtors:   115,447 100,574
Cash at bank and in hand: 364,259 167,856
Total current assets: 497,706 283,451
Creditors: amounts falling due within one year:   (222,785) (138,960)
Net current assets (liabilities): 274,921 144,491
Total assets less current liabilities: 527,439 405,242
Creditors: amounts falling due after more than one year:   (199,998) (199,998)
Total net assets (liabilities): 327,441 205,244
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 327,341 205,144
Shareholders funds: 327,441 205,244

The notes form part of these financial statements

TONY THOMPSON RACING LIMITED

Balance sheet statements

For the year ending 31 March 2018 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 30 September 2018
and signed on behalf of the board by:

Name: Mr Tony 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 2018

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 2018

2. Tangible Assets

Total
Cost £
At 01 April 2017 274,039
Additions 230
At 31 March 2018 274,269
Depreciation
At 01 April 2017 13,288
Charge for year 8,463
At 31 March 2018 21,751
Net book value
At 31 March 2018 252,518
At 31 March 2017 260,751