6 01/04/2023 31/03/2024 2024-03-31 false false false false false false false true false false true false false false false false true false No description of principal activities is disclosed 2023-04-01 Sage Accounts Production 23.0 - FRS102_2023 xbrli:pure xbrli:shares iso4217:GBP 10498142 2023-04-01 2024-03-31 10498142 2024-03-31 10498142 2023-03-31 10498142 2022-04-01 2023-03-31 10498142 2023-03-31 10498142 2022-03-31 10498142 bus:RegisteredOffice 2023-04-01 2024-03-31 10498142 bus:Director1 2023-04-01 2024-03-31 10498142 bus:Director2 2023-04-01 2024-03-31 10498142 core:WithinOneYear 2024-03-31 10498142 core:WithinOneYear 2023-03-31 10498142 core:AfterOneYear 2024-03-31 10498142 core:AfterOneYear 2023-03-31 10498142 bus:Director1 2023-03-31 10498142 bus:Director1 2024-03-31 10498142 bus:Director2 2023-03-31 10498142 bus:Director2 2024-03-31 10498142 bus:Director1 2022-03-31 10498142 bus:Director1 2023-03-31 10498142 bus:Director2 2022-03-31 10498142 bus:Director2 2023-03-31 10498142 bus:Director1 2022-04-01 2023-03-31 10498142 bus:Director2 2022-04-01 2023-03-31 10498142 bus:Micro-entities 2023-04-01 2024-03-31 10498142 bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 10498142 bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 10498142 bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 10498142 bus:FullAccounts 2023-04-01 2024-03-31
Company registration number: 10498142
Kelly Cycles Limited
Trading as Wildside Cycles
Unaudited filleted financial statements
31 March 2024
Kelly Cycles Limited
Contents
Directors and other information
Statement of financial position and notes to the financial statements
Kelly Cycles Limited
Directors and other information
Directors Mr Seamus Kelly
Daniela Di Gioia (Resigned 16 November 2023)
Company number 10498142
Registered office 15 Garden Street
Tunbridge Wells
Kent
TN1 2XB
Kelly Cycles Limited
Statement of financial position
31 March 2024
2024 2023
£ £ £ £
Fixed assets 13,871 22,564
_______ _______
Current assets 297,408 420,462
Prepayments and accrued income 12,276 14,999
_______ _______
309,684 435,461
Creditors: amounts falling due within one year ( 277,775) ( 386,204)
_______ _______
Net current assets 31,909 49,257
_______ _______
Total assets less current liabilities 45,780 71,821
Creditors: amounts falling due after more than one year ( 9,905) ( 28,461)
Accruals and deferred income ( 2,000) ( 2,320)
_______ _______
Net assets 33,875 41,040
_______ _______
Capital and reserves 33,875 41,040
_______ _______
Notes to the financial statements
Kelly Cycles Limited
Year ended 31 March 2024
1. Employee numbers
The average number of persons employed by the company during the year amounted to 6 (2023: 7 ).
2. Directors advances, credits and guarantees
During the year the directors entered into the following advances and credits with the company:
2024
Balance brought forward Advances /(credits) to the directors Amounts repaid Balance o/standing
£ £ £ £
Mr Seamus Kelly ( 91,909) - 79,190 ( 12,719)
Daniela Di Gioia ( 16,274) - 15,274 ( 1,000)
_______ _______ _______ _______
( 108,183) - 94,464 ( 13,719)
_______ _______ _______ _______
2023
Balance brought forward Advances /(credits) to the directors Amounts repaid Balance o/standing
£ £ £ £
Mr Seamus Kelly ( 48,698) ( 43,211) - ( 91,909)
Daniela Di Gioia ( 28,393) - 12,119 ( 16,274)
_______ _______ _______ _______
( 77,091) ( 43,211) 12,119 ( 108,183)
_______ _______ _______ _______
For the year ending 31 March 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors responsiblities:
- The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The financial statements have been prepared in accordance with the micro-entity provisions and have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.
These financial statements were approved by the board of directors and authorised for issue on 20 September 2024 , and are signed on behalf of the board by:
Mr Seamus Kelly
Director
Company registration number: 10498142
The company is a private company limited by shares, registered in England.