Company Registration No. 14473941 (England and Wales)
All Bike Solutions Ltd
Unaudited accounts
for the period from 9 November 2022 to 30 November 2023
All Bike Solutions Ltd
Unaudited accounts
Contents
All Bike Solutions Ltd
Company Information
for the period from 9 November 2022 to 30 November 2023
Directors
Sivanandan APPUKUTTY
Janardhanan XXX
Company Number
14473941 (England and Wales)
Registered Office
73 Katherine Road
London
E6 1EW
England
Accountants
Tax Nest Accountants Ltd
Office 18
241E, High Street North
London
E12 6SJ
All Bike Solutions Ltd
Statement of financial position
as at 30 November 2023
Cash at bank and in hand
1,893
Creditors: amounts falling due within one year
(15,112)
Net current liabilities
(10,069)
Total assets less current liabilities
15,143
Creditors: amounts falling due after more than one year
(10,000)
Profit and loss account
5,142
For the period ending 30 November 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 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 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 of Directors and authorised for issue on 20 April 2024 and were signed on its behalf by
Janardhanan XXX
Director
Company Registration No. 14473941
All Bike Solutions Ltd
Notes to the Accounts
for the period from 9 November 2022 to 30 November 2023
All Bike Solutions Ltd is a private company, limited by shares, registered in England and Wales, registration number 14473941. The registered office is 73 Katherine Road, London, E6 1EW, 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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them.
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:
Motor vehicles
10% Straight Line
Fixtures & fittings
20% RBM
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At 9 November 2022
-
-
-
-
Additions
5,660
20,300
2,340
28,300
At 30 November 2023
5,660
20,300
2,340
28,300
Charge for the period
1,132
1,488
468
3,088
At 30 November 2023
1,132
1,488
468
3,088
At 30 November 2023
4,528
18,812
1,872
25,212
All Bike Solutions Ltd
Notes to the Accounts
for the period from 9 November 2022 to 30 November 2023
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2023
Loans from directors
13,912
7
Creditors: amounts falling due after more than one year
2023
8
Average number of employees
During the period the average number of employees was 2.