28 December 2022 false No description of principal activity Taxfiler 2023.14 14558877business:PrivateLimitedCompanyLtd2022-12-282023-12-31 145588772022-12-27 145588772022-12-282023-12-31 14558877business:AuditExemptWithAccountantsReport2022-12-282023-12-31 14558877business:FilletedAccounts2022-12-282023-12-31 145588772023-12-31 14558877business:Director12022-12-282023-12-31 14558877business:RegisteredOffice2022-12-282023-12-31 14558877core:WithinOneYear2023-12-31 14558877core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-12-31 14558877core:PreviouslyStatedAmount2023-12-31 14558877business:SmallEntities2022-12-282023-12-31 14558877countries:EnglandWales2022-12-282023-12-31 14558877core:FurnitureFittings2022-12-282023-12-31 14558877core:FurnitureFittings2022-12-27 14558877core:FurnitureFittings2023-12-31 iso4217:GBP xbrli:pure
Company Registration No. 14558877 (England and Wales)
SPEEDO BIKES LTD Unaudited accounts for the period from 28 December 2022 to 31 December 2023
SPEEDO BIKES LTD Unaudited accounts Contents
Page
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SPEEDO BIKES LTD Company Information for the period from 28 December 2022 to 31 December 2023
Director
Mohammad Rashid
Company Number
14558877 (England and Wales)
Registered Office
548 MANCHESTER ROAD BRADFORD BD5 7LR ENGLAND
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SPEEDO BIKES LTD Statement of financial position as at 31 December 2023
2023 
Notes
£ 
Fixed assets
Tangible assets
2,000 
Current assets
Inventories
17,500 
Cash at bank and in hand
146 
17,646 
Creditors: amounts falling due within one year
(15,171)
Net current assets
2,475 
Net assets
4,475 
Capital and reserves
Profit and loss account
4,475 
Shareholders' funds
4,475 
For the period ending 31 December 2023 the company was entitled to exemption from audit 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 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.
The financial statements were approved by the Board and authorised for issue on 8 February 2024 and were signed on its behalf by
Mohammad Rashid Director Company Registration No. 14558877
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SPEEDO BIKES LTD Notes to the Accounts for the period from 28 December 2022 to 31 December 2023
1
Statutory information
SPEEDO BIKES LTD is a private company, limited by shares, registered in England and Wales, registration number 14558877. The registered office is 548 MANCHESTER ROAD, BRADFORD, BD5 7LR, ENGLAND.
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.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
20% on reducing balance
4
Tangible fixed assets
Fixtures & fittings 
£ 
Cost or valuation
At cost 
At 28 December 2022
- 
Additions
2,500 
At 31 December 2023
2,500 
Depreciation
Charge for the period
500 
At 31 December 2023
500 
Net book value
At 31 December 2023
2,000 
5
Creditors: amounts falling due within one year
2023 
£ 
Taxes and social security
568 
Loans from directors
13,643 
Accruals
960 
15,171 
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SPEEDO BIKES LTD Notes to the Accounts for the period from 28 December 2022 to 31 December 2023
6
Average number of employees
During the period the average number of employees was 0.
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