Bristol Blackboy Cycles Limited 04854592 false 2023-01-01 2023-12-31 2023-12-31 The principal activity of the company is the retail of bicycles, bike accessories and bike repairs. Digita Accounts Production Advanced 6.30.9574.0 true 04854592 2023-01-01 2023-12-31 04854592 2023-12-31 04854592 core:RetainedEarningsAccumulatedLosses 2023-12-31 04854592 core:ShareCapital 2023-12-31 04854592 core:CurrentFinancialInstruments 2023-12-31 04854592 core:CurrentFinancialInstruments core:WithinOneYear 2023-12-31 04854592 core:OfficeEquipment 2023-12-31 04854592 core:PlantMachinery 2023-12-31 04854592 bus:SmallEntities 2023-01-01 2023-12-31 04854592 bus:AuditExemptWithAccountantsReport 2023-01-01 2023-12-31 04854592 bus:FullAccounts 2023-01-01 2023-12-31 04854592 bus:SmallCompaniesRegimeForAccounts 2023-01-01 2023-12-31 04854592 bus:RegisteredOffice 2023-01-01 2023-12-31 04854592 bus:Director1 2023-01-01 2023-12-31 04854592 bus:Director2 2023-01-01 2023-12-31 04854592 bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 04854592 core:OfficeEquipment 2023-01-01 2023-12-31 04854592 core:PlantMachinery 2023-01-01 2023-12-31 04854592 countries:EnglandWales 2023-01-01 2023-12-31 04854592 2022-12-31 04854592 core:OfficeEquipment 2022-12-31 04854592 core:PlantMachinery 2022-12-31 04854592 2022-01-01 2022-12-31 04854592 2022-12-31 04854592 core:RetainedEarningsAccumulatedLosses 2022-12-31 04854592 core:ShareCapital 2022-12-31 04854592 core:CurrentFinancialInstruments 2022-12-31 04854592 core:CurrentFinancialInstruments core:WithinOneYear 2022-12-31 04854592 core:OfficeEquipment 2022-12-31 04854592 core:PlantMachinery 2022-12-31 iso4217:GBP xbrli:pure

Registration number: 04854592

Bristol Blackboy Cycles Limited

Annual Report and Unaudited Filleted Financial Statements

for the Year Ended 31 December 2023

 

Bristol Blackboy Cycles Limited

Contents

Company Information

1

Balance Sheet

2 to 3

Notes to the Unaudited Financial Statements

4 to 6

 

Bristol Blackboy Cycles Limited

Company Information

Directors

M J Chandler

O J S Chandler

Registered office

180 Whiteladies Road
Clifton
Bristol
BS8 2XU

Accountants

Burton Sweet Limited
Chartered Accountants & Business Advisers
Spencer House
Morston Court
Aiescome Way
Weston-super-Mare
North Somerset
BS22 8NG

 

Bristol Blackboy Cycles Limited

(Registration number: 04854592)
Balance Sheet
31 December 2023

Note

2023
£

2022
£

Fixed assets

 

Tangible assets

4

41

56

Current assets

 

Stocks

28,436

32,240

Debtors

5

1,295

1,894

Cash at bank and in hand

 

1,327

9,372

 

31,058

43,506

Creditors: Amounts falling due within one year

6

(31,094)

(38,693)

Net current (liabilities)/assets

 

(36)

4,813

Net assets

 

5

4,869

Capital and reserves

 

Called up share capital

3

3

Retained earnings

2

4,866

Shareholders' funds

 

5

4,869

 

Bristol Blackboy Cycles Limited

(Registration number: 04854592)
Balance Sheet
31 December 2023

For the financial year ending 31 December 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the Profit and Loss Account has been taken.

Approved and authorised by the Board on 29 July 2024 and signed on its behalf by:
 

.........................................
M J Chandler
Director

.........................................
O J S Chandler
Director

 

Bristol Blackboy Cycles Limited

Notes to the Unaudited Financial Statements
Year Ended 31 December 2023

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
180 Whiteladies Road
Clifton
Bristol
BS8 2XU
United Kingdom

These financial statements were authorised for issue by the Board on 29 July 2024.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods in the ordinary course of the company’s activities. Turnover is shown net of value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

 

Bristol Blackboy Cycles Limited

Notes to the Unaudited Financial Statements
Year Ended 31 December 2023

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 3 (2022 - 4).

 

Bristol Blackboy Cycles Limited

Notes to the Unaudited Financial Statements
Year Ended 31 December 2023

4

Tangible assets

Plant and machinery
£

Office equipment
£

Total
£

Cost or valuation

At 1 January 2023

129

557

686

At 31 December 2023

129

557

686

Depreciation

At 1 January 2023

75

555

630

Charge for the year

13

2

15

At 31 December 2023

88

557

645

Carrying amount

At 31 December 2023

41

-

41

At 31 December 2022

54

2

56

5

Debtors

2023
£

2022
£

Prepayments

1,032

975

Accrued income

263

919

1,295

1,894

6

Creditors

Creditors: amounts falling due within one year

Note

2023
£

2022
£

Due within one year

 

Trade creditors

 

10,753

15,497

Taxation and social security

 

6,072

6,145

Other creditors

 

14,269

17,051

 

31,094

38,693