PROBIKE LIMITED | |
UNAUDITED FINANCIAL STATEMENTS | |
FOR THE YEAR ENDED 29 FEBRUARY 2024 | |
PROBIKE LIMITED | |||
ABRIDGED FINANCIAL STATEMENTS | |||
FOR THE YEAR ENDED 29 FEBRUARY 2024 | |||
DIRECTOR | |||
P D Langdon | |||
SECRETARY | |||
. | |||
REGISTERED OFFICE | |||
Unit 4 Sterling Business Park Salthouse Road Brackmills Northampton NN4 7EX |
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COMPANY REGISTERED NUMBER | |||
03159504 | |||
BANKERS | |||
NatWest | |||
ACCOUNTANTS | |||
P B Genender and Co | |||
Chartered Certified Accountants | |||
Highridge House 235 The Ridgeway Enfield Middlesex EN2 8AD |
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Page 1 | |
PROBIKE LIMITED | |||
ABRIDGED FINANCIAL STATEMENTS | |||
FOR THE YEAR ENDED 29 FEBRUARY 2024 | |||
CONTENTS | |||
Pages | |||
3 | Abridged Statement of Financial Position | ||
4-6 | Notes to the Financial Statements | ||
Page 2 | |
Company registered number: |
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ABRIDGED STATEMENT OF FINANCIAL POSITION AT |
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Note | 2024 | 2023 | |||
£ | £ | £ | |||
FIXED ASSETS | |||||
Property, Plant and Equipment | |||||
CURRENT ASSETS | |||||
Inventories | |||||
Debtors | |||||
Cash at bank and in hand | |||||
CREDITORS: Amounts falling due within one year | |||||
NET CURRENT ASSETS | |||||
TOTAL ASSETS LESS CURRENT LIABILITIES | |||||
PROVISIONS FOR LIABILITIES | ( |
( |
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NET ASSETS | £ |
£ |
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CAPITAL AND RESERVES | |||||
Called up share capital | |||||
Retained earnings | |||||
SHAREHOLDERS' FUNDS | £ |
£ |
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In approving these financial statements as director of the company I hereby confirm the following: | |||
All the members have consented to the preparation of an abridged Statement of Financial Position for the year ended 29 February 2024 in accordance with Section 444 (2A) of the Companies Act 2006 | |||
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered |
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The financial statements were approved and authorised for issue by the Board of Directors on |
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Page 3 | |
PROBIKE LIMITED | |||
NOTES TO THE ACCOUNTS | |||
FOR THE YEAR ENDED 29 FEBRUARY 2024 |
1. | SIGNIFICANT ACCOUNTING POLICIES | ||
1a. | Statement of compliance | |||
Probike Limited is a Limited company incorporated in |
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Registered & Trading Office: | ||||
Sterling Business Park Salthouse Road Brackmills Northampton NN4 7EX |
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Basis of accounting | ||||
1c. | Taxation | |||
1d. | Property, plant and equipment | ||
Short leasehold properties | Reducing balance 15% | ||
Plant and machinery | |||
Vehicles |
1e. | Inventories | |||
Page 4 | |
PROBIKE LIMITED | |||
NOTES TO THE ACCOUNTS (CONT.) | |||
FOR THE YEAR ENDED 29 FEBRUARY 2024 |
1. | SIGNIFICANT ACCOUNTING POLICIES (CONT.) |
1f. | Short term debtors and creditors | |||
1g. | Cash and cash equivalents | |||
1h. | Leased assets | |||
1i. | Foreign currencies | |||
1j. | Employee benefits | |||
1k. | Discontinued operations | |||
Page 5 | |
PROBIKE LIMITED | |||
NOTES TO THE ACCOUNTS (CONT.) | |||
FOR THE YEAR ENDED 29 FEBRUARY 2024 |
1. | SIGNIFICANT ACCOUNTING POLICIES (CONT.) |
1l. | Provisions | |||
2. | DIRECTORS AND EMPLOYEES | ||
Employee costs during the year amounted to: | 2024 | 2023 | |
£ | £ | ||
Wages and salaries | |||
Pension costs | |||
£ |
£ |
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The average weekly number of employees during the year were as follows: | |||
2024 | 2023 | ||
No. | No. | ||
Management and administration | |||
Directors' remuneration: | |||
2024 | 2023 | ||
£ | £ | ||
Remuneration |
3. | FIXED ASSETS | ||
Property | Total | ||
Plant & | |||
Equipment | |||
£ | £ | ||
Cost or valuation | |||
At 1 March 2023 | 46,669 | ||
Additions | 275 | ||
At 29 February 2024 | 46,944 | ||
Provision for Depreciation, | |||
Amortisation and Impairment | |||
At 1 March 2023 | 43,608 | ||
For the year | 1,491 | ||
At 29 February 2024 | 45,099 | ||
Net Book Value | |||
At 29 February 2024 | |||
At 28 February 2023 | |||
Page 6 | |