|
|
|
|
FINANCIAL STATEMENTS |
CONTENTS |
PAGE |
Statement of financial position |
1 |
Notes to the financial statements |
3 |
|
STATEMENT OF FINANCIAL POSITION |
2024 |
2023 |
|
Note |
£ |
£ |
Tangible assets |
5 |
|
|
Stocks |
|
|
|
Debtors |
6 |
|
|
Cash at bank and in hand |
|
|
|
--------------- |
----------- |
||
|
|
||
CREDITORS: amounts falling due within one year |
7 |
|
|
--------------- |
----------- |
||
NET CURRENT ASSETS |
|
|
|
--------------- |
----------- |
||
TOTAL ASSETS LESS CURRENT LIABILITIES |
|
|
|
CREDITORS: amounts falling due after more than one year |
8 |
|
|
--------------- |
----------- |
||
NET ASSETS |
|
|
|
--------------- |
----------- |
||
|
STATEMENT OF FINANCIAL POSITION (continued) |
2024 |
2023 |
|
Note |
£ |
£ |
Called up share capital |
|
|
Profit and loss account |
|
|
----------- |
----------- |
|
SHAREHOLDERS FUNDS |
|
|
----------- |
----------- |
|
|
|
Director |
|
|
NOTES TO THE FINANCIAL STATEMENTS |
Electric bicycle |
- |
|
|
Plant and machinery |
- |
|
|
Fixtures and fittings |
- |
|
|
Motor vehicles |
- |
|
|
Office equipment |
- |
|
|
Warehouse equipment |
- |
10
% straight line |
|
2024 |
2023 |
|
£ |
£ |
|
UK current tax expense |
|
|
Adjustments in respect of prior periods |
– |
(
|
----------- |
---------- |
|
Total current tax |
|
|
----------- |
---------- |
|
----------- |
---------- |
|
Tax on profit |
|
|
----------- |
---------- |
|
Electric bicycle |
Plant and machinery |
Fixtures, fittings and equipment |
Motor vehicles |
Warehouse equipment |
Total |
|
£ |
£ |
£ |
£ |
£ |
£ |
|
Cost |
||||||
At 1 Mar 2023 |
|
|
|
|
732,468 |
|
Additions |
– |
– |
|
|
– |
|
Disposals |
– |
(
|
– |
– |
– |
(
|
-------- |
----------- |
---------- |
---------- |
----------- |
----------- |
|
At 29 Feb 2024 |
|
|
|
|
732,468 |
|
-------- |
----------- |
---------- |
---------- |
----------- |
----------- |
|
Depreciation |
||||||
At 1 Mar 2023 |
|
|
|
|
292,987 |
|
Charge for the year |
|
|
|
|
73,246 |
|
Disposals |
– |
(
|
– |
– |
– |
(
|
-------- |
----------- |
---------- |
---------- |
----------- |
----------- |
|
At 29 Feb 2024 |
|
|
|
|
366,233 |
|
-------- |
----------- |
---------- |
---------- |
----------- |
----------- |
|
Carrying amount |
||||||
At 29 Feb 2024 |
|
|
|
|
366,235 |
|
-------- |
----------- |
---------- |
---------- |
----------- |
----------- |
|
At 28 Feb 2023 |
|
|
|
– |
439,481 |
|
-------- |
----------- |
---------- |
---------- |
----------- |
----------- |
|
Warehouse equipment |
|
£ |
|
At 29 February 2024 |
366,234 |
----------- |
|
At 28 February 2023 |
439,481 |
----------- |
|
2024 |
2023 |
|
£ |
£ |
|
Trade debtors |
|
|
Other debtors |
|
|
----------- |
----------- |
|
|
|
|
----------- |
----------- |
|
2024 |
2023 |
|
£ |
£ |
|
Bank loans and overdrafts |
|
|
Trade creditors |
|
|
Corporation tax |
|
|
Social security and other taxes |
|
|
Other creditors |
|
|
----------- |
----------- |
|
|
|
|
----------- |
----------- |
|
2024 |
2023 |
|
£ |
£ |
|
Bank loans and overdrafts |
|
|
Other creditors |
|
|
----------- |
----------- |
|
|
|
|
----------- |
----------- |
|
2024 |
2023 |
|
£ |
£ |
|
Not later than 1 year |
|
|
Later than 1 year and not later than 5 years |
|
|
----------- |
----------- |
|
|
|
|
----------- |
----------- |
|