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REGISTERED NUMBER: 04357884 (England and Wales)











FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2023

FOR

STEVE BATEMAN SUPERBIKE
WHOLESALE LIMITED

STEVE BATEMAN SUPERBIKE
WHOLESALE LIMITED (REGISTERED NUMBER: 04357884)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Chartered Accountants' Report 7

STEVE BATEMAN SUPERBIKE
WHOLESALE LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JANUARY 2023







DIRECTORS: S Bateman
Mrs S A Huzzey





REGISTERED OFFICE: 3 Durrant Road
Bournemouth
Dorset
BH2 6NE





REGISTERED NUMBER: 04357884 (England and Wales)





ACCOUNTANTS: Carter & Coley
Chartered Accountants
3 Durrant Road
Bournemouth
Dorset
BH2 6NE

STEVE BATEMAN SUPERBIKE
WHOLESALE LIMITED (REGISTERED NUMBER: 04357884)

BALANCE SHEET
31 JANUARY 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 187,635 189,287

CURRENT ASSETS
Stocks 5 85,061 138,766
Debtors 6 1,349 1,080
Cash at bank 59,750 23,576
146,160 163,422
CREDITORS
Amounts falling due within one year 7 239,608 246,317
NET CURRENT LIABILITIES (93,448 ) (82,895 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

94,187

106,392

CREDITORS
Amounts falling due after more than one
year

8

(53,916

)

(64,350

)

PROVISIONS FOR LIABILITIES (946 ) (1,260 )
NET ASSETS 39,325 40,782

STEVE BATEMAN SUPERBIKE
WHOLESALE LIMITED (REGISTERED NUMBER: 04357884)

BALANCE SHEET - continued
31 JANUARY 2023

2023 2022
Notes £    £    £    £   
CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 39,324 40,781
SHAREHOLDERS' FUNDS 39,325 40,782

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2023 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.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 28 April 2023 and were signed on its behalf by:





S Bateman - Director


STEVE BATEMAN SUPERBIKE
WHOLESALE LIMITED (REGISTERED NUMBER: 04357884)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2023


1. STATUTORY INFORMATION

Steve Bateman Superbike Wholesale Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover represents sales during the period, exclusive of Value Added Tax.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 20% on reducing balance
Motor vehicles - 25% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 1 ) .

STEVE BATEMAN SUPERBIKE
WHOLESALE LIMITED (REGISTERED NUMBER: 04357884)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2023


4. TANGIBLE FIXED ASSETS
Freehold Plant and Motor
property machinery vehicles Totals
£    £    £    £   
COST
At 1 February 2022
and 31 January 2023 182,655 4,309 11,600 198,564
DEPRECIATION
At 1 February 2022 - 4,202 5,075 9,277
Charge for year - 21 1,631 1,652
At 31 January 2023 - 4,223 6,706 10,929
NET BOOK VALUE
At 31 January 2023 182,655 86 4,894 187,635
At 31 January 2022 182,655 107 6,525 189,287

5. STOCKS
2023 2022
£    £   
Stocks 85,061 138,766

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Other debtors 1,349 1,080

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 10,540 10,540
Trade creditors 1,638 890
Taxation and social security 2,957 15,078
Other creditors 224,473 219,809
239,608 246,317

STEVE BATEMAN SUPERBIKE
WHOLESALE LIMITED (REGISTERED NUMBER: 04357884)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2023


8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
2023 2022
£    £   
Bank loans 53,916 64,350

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 23,423 26,857

9. SECURED DEBTS

The following secured debts are included within creditors:

2023 2022
£    £   
Bank loans 64,456 74,890

CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS
ON THE UNAUDITED FINANCIAL STATEMENTS OF
STEVE BATEMAN SUPERBIKE
WHOLESALE LIMITED


The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Steve Bateman Superbike Wholesale Limited for the year ended 31 January 2023 which comprise the Statement of Income and Retained Earnings, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Steve Bateman Superbike Wholesale Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Steve Bateman Superbike Wholesale Limited and state those matters that we have agreed to state to the Board of Directors of Steve Bateman Superbike Wholesale Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Steve Bateman Superbike Wholesale Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Steve Bateman Superbike Wholesale Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Steve Bateman Superbike Wholesale Limited. You consider that Steve Bateman Superbike Wholesale Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Steve Bateman Superbike Wholesale Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Carter & Coley
Chartered Accountants
3 Durrant Road
Bournemouth
Dorset
BH2 6NE

CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS
ON THE UNAUDITED FINANCIAL STATEMENTS OF
STEVE BATEMAN SUPERBIKE
WHOLESALE LIMITED




28 April 2023