ADRT CYCLING LIMITED
SC713185
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2023
PAGES FOR FILING WITH REGISTRAR
MHA
12 CARDEN PLACE
ABERDEEN
AB10 1UR
ADRT CYCLING LIMITED
COMPANY INFORMATION
Director
Mr Robert Lyons
Company number
SC713185
Registered office
Hatton of Ardyone
Oyne
Insch
Scotland
AB42 6RQ
Accountants
MHA
Aberdeen
United Kingdom
Bankers
Coutts & Co.
6 - 8 George Street
Edinburgh
EH2 2PF
Solicitors
James & George Collie LLP
1 East Craibstone Street
Aberdeen
AB11 6YQ
ADRT CYCLING LIMITED
CONTENTS
Page
Accountants' report
1
Profit and loss account
2
Balance sheet and notes to the financial statements
3 - 4
ADRT CYCLING LIMITED
REPORT TO THE DIRECTOR ON THE PREPARATION OF THE UNAUDITED STATUTORY ACCOUNTS OF ADRT CYCLING LIMITED
- 1 -

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of ADRT Cycling Limited for the year ended 31 October 2023, which comprise the profit and loss account and the balance sheet, from the company’s accounting records and from information and explanations you have given us.

 

As a practising member firm of the ICAS we are subject to its ethical and other professional requirements which are detailed at https://icas.com/icas-framework-preparation-of-accounts.

This report is made solely to the board of directors of ADRT Cycling Limited, as a body, in accordance with the terms of our engagement letter dated 3 September 2024. Our work has been undertaken solely to prepare for your approval the financial statements of ADRT Cycling Limited and state those matters that we have agreed to state to the board of directors of ADRT Cycling Limited, as a body, in this report in accordance with the requirements of the ICAS as detailed at https://icas.com/icas-framework-preparation-of-accounts. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than ADRT Cycling Limited and its board of directors as a body, for our work or for this report.

It is your duty to ensure that ADRT Cycling Limited has kept adequate accounting records and to prepare statutory financial statements that comply with the requirements of the Companies Act 2006. You consider that ADRT Cycling Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of ADRT Cycling Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

MHA
Aberdeen
United Kingdom
27 September 2024
MHA is the trading name of MacIntyre Hudson LLP, a limited liability partnership based in England and Wales (registered number OC312313).
ADRT CYCLING LIMITED
PROFIT AND LOSS ACCOUNT
FOR THE YEAR ENDED 31 OCTOBER 2023
- 2 -
Year
Period
ended
ended
31 October
31 October 2022
£
£
Turnover
57,527
30,622
Other income
-
0
460
Cost of raw materials and consumables
(63,660)
(17,247)
Depreciation and other amounts written off assets
(5,456)
(555)
Other charges
(41,263)
(31,478)
Loss
(52,852)
(18,198)
ADRT CYCLING LIMITED
BALANCE SHEET
AS AT
31 OCTOBER 2023
31 October 2023
- 3 -
31 October 2023
31 October 2022
£
£
£
£
Fixed assets
32,073
2,219
Current assets
34,973
33,041
Creditors: amounts falling due within one year
(122,139)
(53,457)
Net current liabilities
(87,166)
(20,416)
Total assets less current liabilities
(55,093)
(18,197)
Creditors: amounts falling due after more than one year
(15,956)
-
0
Net liabilities
(71,049)
(18,197)
Capital and reserves
(71,049)
(18,197)
Notes to the financial statements
1
Employees

The average number of persons, including directors, employed by the company during the year was as follows:

2023
Number
Number
Employees
-
0
-
0

ADRT Cycling Limited is a private company limited by shares incorporated in Scotland. The registered office is Hatton of Ardyone, Oyne, Insch, Scotland, AB42 6RQ.

For the year ended 31 October 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

These financial statements have been prepared in accordance with the micro-entity provisions and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime' and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

ADRT CYCLING LIMITED
BALANCE SHEET (CONTINUED)
AS AT
31 OCTOBER 2023
31 October 2023
- 4 -
The financial statements were approved and signed by the director and authorised for issue on 27 September 2024
Mr Robert Lyons
Director
Company registration number SC713185 (Scotland)
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