Registered number
11864426
Rock Bike Servicing & Repairs Ltd
Filleted Accounts
31 March 2024
Rock Bike Servicing & Repairs Ltd
Registered number: 11864426
Balance Sheet
as at 31 March 2024
Notes 2024 2023
£ £
Current assets
Debtors 3 22,674 14,636
Cash at bank and in hand 8,535 2,364
31,209 17,000
Creditors: amounts falling due within one year 4 (14,217) (10,153)
Net current assets 16,992 6,847
Total assets less current liabilities 16,992 6,847
Creditors: amounts falling due after more than one year 5 (5,625) (6,525)
Net assets 11,367 322
Capital and reserves
Called up share capital 100 100
Profit and loss account 11,267 222
Shareholders' funds 11,367 322
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Adam Lefeuvre
Director
Approved by the board on 30 July 2024
Rock Bike Servicing & Repairs Ltd
Notes to the Accounts
for the year ended 31 March 2024
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts. 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.
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are recognised at transaction price including any transaction costs.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are recognised at transaction price net of any transaction costs.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 2 2
3 Debtors 2024 2023
£ £
Other debtors 22,674 14,636
4 Creditors: amounts falling due within one year 2024 2023
£ £
Bank loans and overdrafts 900 900
Trade creditors 200 900
Taxation and social security costs 4,294 2,765
Other creditors 8,823 5,588
14,217 10,153
5 Creditors: amounts falling due after one year 2024 2023
£ £
Bank loans 5,625 6,525
6 Other information
Rock Bike Servicing & Repairs Ltd is a private company limited by shares and incorporated in England. Its registered office is:
255 Poulton Road
Wallasey
Wirral
United Kingdom
CH44 4BT
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