Company Registration No. 02852584 (England and Wales)
Dual Sport Motorcycles Limited
Unaudited accounts
for the year ended 31 December 2023
Dual Sport Motorcycles Limited
Unaudited accounts
Contents
Dual Sport Motorcycles Limited
Company Information
for the year ended 31 December 2023
Directors
Paul John Chambers
Jennifer Jones
Company Number
02852584 (England and Wales)
Registered Office
UNIT 6
LITTLE MARCLE ROAD
LEDBURY
HR8 2DR
Dual Sport Motorcycles Limited
Statement of financial position
as at 31 December 2023
Tangible assets
1,620
1,906
Cash at bank and in hand
11,380
10,317
Creditors: amounts falling due within one year
(154,188)
(161,909)
Net current liabilities
(72,808)
(81,592)
Total assets less current liabilities
(71,188)
(79,686)
Creditors: amounts falling due after more than one year
(14,750)
(6,966)
Net liabilities
(85,938)
(86,652)
Called up share capital
2
2
Profit and loss account
(85,940)
(86,654)
Shareholders' funds
(85,938)
(86,652)
For the 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. 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 24 July 2024 and were signed on its behalf by
Jennifer Jones
Director
Company Registration No. 02852584
Dual Sport Motorcycles Limited
Notes to the Accounts
for the year ended 31 December 2023
Dual Sport Motorcycles Limited is a private company, limited by shares, registered in England and Wales, registration number 02852584. The registered office is UNIT 6, LITTLE MARCLE ROAD, LEDBURY, HR8 2DR.
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 remained unchanged from the previous year, and also 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.
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:
4
Tangible fixed assets
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 January 2023
6,710
15,052
21,762
At 31 December 2023
6,710
15,052
21,762
At 1 January 2023
5,560
14,296
19,856
Charge for the year
172
114
286
At 31 December 2023
5,732
14,410
20,142
At 31 December 2023
978
642
1,620
At 31 December 2022
1,150
756
1,906
Dual Sport Motorcycles Limited
Notes to the Accounts
for the year ended 31 December 2023
5
Creditors: amounts falling due within one year
2023
2022
Other creditors
2,722
2,234
Loans from directors
147,448
157,366
6
Creditors: amounts falling due after more than one year
2023
2022
Amounts owed to group undertakings and other participating interests
14,750
6,966
7
Average number of employees
During the year the average number of employees was 7 (2022: 7).