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Company Registration Number:
06685049 (England and Wales)

Unaudited statutory accounts for the year ended 31 December 2021

Period of accounts

Start date: 1 January 2021

End date: 31 December 2021

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Contents of the Financial Statements

for the Period Ended 31 December 2021

Balance sheet
Additional notes
Balance sheet notes
Community Interest Report

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Balance sheet

As at 31 December 2021

Notes 2021 2020


£

£
Fixed assets
Intangible assets: 3 24,345 30,943
Tangible assets: 4 37,736 48,330
Total fixed assets: 62,081 79,273
Current assets
Stocks: 5 177,417 148,642
Debtors: 6 102,711 29,617
Cash at bank and in hand: 2,644 24,307
Total current assets: 282,772 202,566
Creditors: amounts falling due within one year: 7 ( 271,304 ) ( 130,594 )
Net current assets (liabilities): 11,468 71,972
Total assets less current liabilities: 73,549 151,245
Creditors: amounts falling due after more than one year: 8 ( 144,149 ) ( 142,390 )
Total net assets (liabilities): (70,600) 8,855
Capital and reserves
Called up share capital: 45,600 45,600
Other reserves: 4,175 4,175
Profit and loss account: (120,375 ) (40,920 )
Total Shareholders' funds: ( 70,600 ) 8,855

The notes form part of these financial statements

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Balance sheet statements

For the year ending 31 December 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.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen not to file a copy of the company's profit and loss account.

This report was approved by the board of directors on 15 August 2022
and signed on behalf of the board by:

Name: Joanne Mahon
Status: Director

The notes form part of these financial statements

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Notes to the Financial Statements

for the Period Ended 31 December 2021

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

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Notes to the Financial Statements

for the Period Ended 31 December 2021

  • 2. Employees

    2021 2020
    Average number of employees during the period 13 13

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Notes to the Financial Statements

for the Period Ended 31 December 2021

3. Intangible assets

Goodwill Other Total
Cost £ £ £
At 1 January 2021 70,000 34,620 104,620
Additions
Disposals
Revaluations
Transfers
At 31 December 2021 70,000 34,620 104,620
Amortisation
At 1 January 2021 47,250 26,427 73,677
Charge for year 4,550 2,048 6,598
On disposals
Other adjustments
At 31 December 2021 51,800 28,475 80,275
Net book value
At 31 December 2021 18,200 6,145 24,345
At 31 December 2020 22,750 8,193 30,943

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Notes to the Financial Statements

for the Period Ended 31 December 2021

4. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 January 2021 33,312 24,704 45,991 79,412 63,193 246,612
Additions 800 416 1,216
Disposals
Revaluations
Transfers
At 31 December 2021 33,312 25,504 45,991 79,412 63,609 247,828
Depreciation
At 1 January 2021 28,595 16,764 19,104 73,737 60,082 198,282
Charge for year 472 2,068 6,722 1,419 1,129 11,810
On disposals
Other adjustments
At 31 December 2021 29,067 18,832 25,826 75,156 61,211 210,092
Net book value
At 31 December 2021 4,245 6,672 20,165 4,256 2,398 37,736
At 31 December 2020 4,717 7,940 26,887 5,675 3,111 48,330

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Notes to the Financial Statements

for the Period Ended 31 December 2021

5. Stocks

2021 2020
£ £
Stocks 177,417 148,642
Total 177,417 148,642

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Notes to the Financial Statements

for the Period Ended 31 December 2021

6. Debtors

2021 2020
£ £
Trade debtors 55,078 23,616
Prepayments and accrued income 47,633 6,001
Total 102,711 29,617

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Notes to the Financial Statements

for the Period Ended 31 December 2021

7. Creditors: amounts falling due within one year note

2021 2020
£ £
Bank loans and overdrafts 590
Trade creditors 91,656 11,843
Taxation and social security 20,466 37,764
Accruals and deferred income 157,371 76,531
Other creditors 1,221 4,456
Total 271,304 130,594

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Notes to the Financial Statements

for the Period Ended 31 December 2021

8. Creditors: amounts falling due after more than one year note

2021 2020
£ £
Bank loans and overdrafts 46,759 50,000
Other creditors 97,390 92,390
Total 144,149 142,390

COMMUNITY INTEREST ANNUAL REPORT

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Company Number: 06685049 (England and Wales)

Year Ending: 31 December 2021

Company activities and impact

We have supported people with disabilities to take up or continue cycling providing:Free advice and on-site demosAssessments for individual needsInnovative solutions to enable anyone to cycleCustomised adaptions and accessoriesRefurbish used cycles for those on low budgetsSpecial events for people with disabilitiesCommunity bike shop in YorkFinancial support for Everybody’s Cycling, charitable CBS via subsidised rent and facilities.

Consultation with stakeholders

The organisation’s main stakeholders are our beneficiary clients and their families. Another stakeholder group are the thirty or so disability support groups who inform our methods of working and advise us un how we can better serve their members. We take part in national initiatives to improve the status and accessibility of disability cycling. We obtain feedback from our direct clients and improve our services accordingly.We have a board of five people, four of whom advise from the viewpoint of lived experience.

Directors' remuneration

Only one director has been remunerated, as outlined in the financial accounts. This is our founder, who has worked for a nominal sum to help us through difficult times, so that the staff can be kept in work during very difficult timesDirectors' salaries £4,000

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
31 August 2022

And signed on behalf of the board by:
Name: James E McGurn
Status: Director