Company Registration No. 11111806 (England and Wales)
WHEELIE BIKE SHOP LTD
Unaudited accounts
for the year ended 31 December 2023
WHEELIE BIKE SHOP LTD
Unaudited accounts
Contents
WHEELIE BIKE SHOP LTD
Company Information
for the year ended 31 December 2023
Directors
Michael Maiden
Vivienne Horwood
Robert Fraser Harper
Company Number
11111806 (England and Wales)
Registered Office
53 HADRIAN WAY
CORFE MULLEN
WIMBORNE
DORSET
BH21 3XF
ENGLAND
WHEELIE BIKE SHOP LTD
Statement of financial position
as at 31 December 2023
Tangible assets
6,056
7,126
Cash at bank and in hand
4,731
3,720
Creditors: amounts falling due within one year
(25,250)
(29,512)
Net current assets
13,173
17,627
Total assets less current liabilities
19,229
24,753
Creditors: amounts falling due after more than one year
(1,469)
(2,333)
Called up share capital
3
3
Profit and loss account
17,757
22,417
Shareholders' funds
17,760
22,420
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 13 September 2024 and were signed on its behalf by
Robert Fraser Harper
Director
Company Registration No. 11111806
WHEELIE BIKE SHOP LTD
Notes to the Accounts
for the year ended 31 December 2023
WHEELIE BIKE SHOP LTD is a private company, limited by shares, registered in England and Wales, registration number 11111806. The registered office is 53 HADRIAN WAY, CORFE MULLEN, WIMBORNE, DORSET, BH21 3XF, ENGLAND.
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:
Plant & machinery
15% Reducing Balance
Fixtures & fittings
15% Reducing Balance
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 January 2023
8,014
392
8,406
At 31 December 2023
8,014
392
8,406
At 1 January 2023
1,202
78
1,280
Charge for the year
1,022
48
1,070
At 31 December 2023
2,224
126
2,350
At 31 December 2023
5,790
266
6,056
At 31 December 2022
6,812
314
7,126
Amounts falling due within one year
Other debtors
20,555
19,735
WHEELIE BIKE SHOP LTD
Notes to the Accounts
for the year ended 31 December 2023
6
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
18
3,930
Loans from directors
25,982
25,983
7
Creditors: amounts falling due after more than one year
2023
2022
8
Average number of employees
During the year the average number of employees was 3 (2022: 2).