2022-08-012023-07-312023-07-31false11444054CHAINLINK BIKES LTD2024-03-2733170iso4217:GBPxbrli:pure114440542022-08-01114440542023-07-31114440542022-08-012023-07-31114440542021-08-01114440542022-07-31114440542021-08-012022-07-3111444054bus:SmallEntities2022-08-012023-07-3111444054bus:AuditExempt-NoAccountantsReport2022-08-012023-07-3111444054bus:FullAccounts2022-08-012023-07-3111444054bus:PrivateLimitedCompanyLtd2022-08-012023-07-3111444054core:WithinOneYear2023-07-3111444054core:AfterOneYear2023-07-3111444054core:WithinOneYear2022-07-3111444054core:AfterOneYear2022-07-3111444054core:ShareCapital2023-07-3111444054core:SharePremium2023-07-3111444054core:RevaluationReserve2023-07-3111444054core:OtherReservesSubtotal2023-07-3111444054core:RetainedEarningsAccumulatedLosses2023-07-3111444054core:ShareCapital2022-07-3111444054core:SharePremium2022-07-3111444054core:RevaluationReserve2022-07-3111444054core:OtherReservesSubtotal2022-07-3111444054core:RetainedEarningsAccumulatedLosses2022-07-3111444054core:LandBuildings2023-07-3111444054core:PlantMachinery2023-07-3111444054core:Vehicles2023-07-3111444054core:FurnitureFittings2023-07-3111444054core:OfficeEquipment2023-07-3111444054core:NetGoodwill2023-07-3111444054core:IntangibleAssetsOtherThanGoodwill2023-07-3111444054core:ListedExchangeTraded2023-07-3111444054core:UnlistedNon-exchangeTraded2023-07-3111444054core:LandBuildings2022-07-3111444054core:PlantMachinery2022-07-3111444054core:Vehicles2022-07-3111444054core:FurnitureFittings2022-07-3111444054core:OfficeEquipment2022-07-3111444054core:NetGoodwill2022-07-3111444054core:IntangibleAssetsOtherThanGoodwill2022-07-3111444054core:ListedExchangeTraded2022-07-3111444054core:UnlistedNon-exchangeTraded2022-07-3111444054core:LandBuildings2022-08-012023-07-3111444054core:PlantMachinery2022-08-012023-07-3111444054core:Vehicles2022-08-012023-07-3111444054core:FurnitureFittings2022-08-012023-07-3111444054core:OfficeEquipment2022-08-012023-07-3111444054core:NetGoodwill2022-08-012023-07-3111444054core:IntangibleAssetsOtherThanGoodwill2022-08-012023-07-3111444054core:ListedExchangeTraded2022-08-012023-07-3111444054core:UnlistedNon-exchangeTraded2022-08-012023-07-3111444054core:MoreThanFiveYears2022-08-012023-07-3111444054core:Non-currentFinancialInstruments2023-07-3111444054core:Non-currentFinancialInstruments2022-07-3111444054dpl:CostSales2022-08-012023-07-3111444054dpl:DistributionCosts2022-08-012023-07-3111444054core:LandBuildings2022-08-012023-07-3111444054core:PlantMachinery2022-08-012023-07-3111444054core:Vehicles2022-08-012023-07-3111444054core:FurnitureFittings2022-08-012023-07-3111444054core:OfficeEquipment2022-08-012023-07-3111444054dpl:AdministrativeExpenses2022-08-012023-07-3111444054core:NetGoodwill2022-08-012023-07-3111444054core:IntangibleAssetsOtherThanGoodwill2022-08-012023-07-3111444054dpl:GroupUndertakings2022-08-012023-07-3111444054dpl:ParticipatingInterests2022-08-012023-07-3111444054dpl:GroupUndertakingscore:ListedExchangeTraded2022-08-012023-07-3111444054core:ListedExchangeTraded2022-08-012023-07-3111444054dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-08-012023-07-3111444054core:UnlistedNon-exchangeTraded2022-08-012023-07-3111444054dpl:CostSales2021-08-012022-07-3111444054dpl:DistributionCosts2021-08-012022-07-3111444054core:LandBuildings2021-08-012022-07-3111444054core:PlantMachinery2021-08-012022-07-3111444054core:Vehicles2021-08-012022-07-3111444054core:FurnitureFittings2021-08-012022-07-3111444054core:OfficeEquipment2021-08-012022-07-3111444054dpl:AdministrativeExpenses2021-08-012022-07-3111444054core:NetGoodwill2021-08-012022-07-3111444054core:IntangibleAssetsOtherThanGoodwill2021-08-012022-07-3111444054dpl:GroupUndertakings2021-08-012022-07-3111444054dpl:ParticipatingInterests2021-08-012022-07-3111444054dpl:GroupUndertakingscore:ListedExchangeTraded2021-08-012022-07-3111444054core:ListedExchangeTraded2021-08-012022-07-3111444054dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2021-08-012022-07-3111444054core:UnlistedNon-exchangeTraded2021-08-012022-07-3111444054core:NetGoodwill2023-07-3111444054core:IntangibleAssetsOtherThanGoodwill2023-07-3111444054core:LandBuildings2023-07-3111444054core:PlantMachinery2023-07-3111444054core:Vehicles2023-07-3111444054core:FurnitureFittings2023-07-3111444054core:OfficeEquipment2023-07-3111444054core:AfterOneYear2023-07-3111444054core:WithinOneYear2023-07-3111444054core:ListedExchangeTraded2023-07-3111444054core:UnlistedNon-exchangeTraded2023-07-3111444054core:ShareCapital2023-07-3111444054core:SharePremium2023-07-3111444054core:RevaluationReserve2023-07-3111444054core:OtherReservesSubtotal2023-07-3111444054core:RetainedEarningsAccumulatedLosses2023-07-3111444054core:NetGoodwill2022-07-3111444054core:IntangibleAssetsOtherThanGoodwill2022-07-3111444054core:LandBuildings2022-07-3111444054core:PlantMachinery2022-07-3111444054core:Vehicles2022-07-3111444054core:FurnitureFittings2022-07-3111444054core:OfficeEquipment2022-07-3111444054core:AfterOneYear2022-07-3111444054core:WithinOneYear2022-07-3111444054core:ListedExc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CHAINLINK BIKES LTD

Registered Number
11444054
(England and Wales)

Unaudited Financial Statements for the Year ended
31 July 2023

CHAINLINK BIKES LTD
Company Information
for the year from 1 August 2022 to 31 July 2023

Director

SANCHES, Ana Carolina Mendonca

Registered Address

204a Bikeworks Cambridge Heath Road
London
E2 9NQ

Registered Number

11444054 (England and Wales)
CHAINLINK BIKES LTD
Balance Sheet as at
31 July 2023

Notes

2023

2022

£

£

£

£

Fixed assets
Tangible assets3-1,347
-1,347
Current assets
Stocks45,0005,000
Debtors2,4644,387
Cash at bank and on hand23,77735,099
31,24144,486
Creditors amounts falling due within one year5(27,662)(29,793)
Net current assets (liabilities)3,57914,693
Total assets less current liabilities3,57916,040
Net assets3,57916,040
Capital and reserves
Called up share capital2020
Profit and loss account3,55916,020
Shareholders' funds3,57916,040
The financial statements were approved and authorised for issue by the Director on 27 March 2024, and are signed on its behalf by:
SANCHES, Ana Carolina Mendonca
Director
Registered Company No. 11444054
CHAINLINK BIKES LTD
Notes to the Financial Statements
for the year ended 31 July 2023

1.Accounting policies
Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
Statement of compliance
The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.
Revenue from sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Employee benefits
Contributions to defined contribution plans are expensed in the period to which they relate.
Foreign currency translation
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
Tangible fixed assets and depreciation
Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:

Straight line (years)
Vehicles3
Stocks and work in progress
Inventories are valued at the lower of cost and estimated selling price (less any associated costs to enable such sales to complete).
2.Average number of employees

20232022
Average number of employees during the year33
3.Tangible fixed assets

Vehicles

Total

££
Cost or valuation
At 01 August 224,8504,850
At 31 July 234,8504,850
Depreciation and impairment
At 01 August 223,5033,503
Charge for year1,3471,347
At 31 July 234,8504,850
Net book value
At 31 July 23--
At 31 July 221,3471,347
4.Stocks

2023

2022

££
Raw materials and consumables5,0005,000
Total5,0005,000
5.Creditors: amounts due within one year

2023

2022

££
Trade creditors / trade payables3,6052,492
Taxation and social security4,0645,081
Other creditors19,24321,471
Accrued liabilities and deferred income750749
Total27,66229,793
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.