2022-12-01 2023-11-30 false Capium Accounts Production 1.1 07931641 bus:FullAccounts 2022-12-01 2023-11-30 07931641 bus:FRS102 2022-12-01 2023-11-30 07931641 bus:AuditExemptWithAccountantsReport 2022-12-01 2023-11-30 07931641 bus:SmallCompaniesRegimeForAccounts 2022-12-01 2023-11-30 07931641 bus:PrivateLimitedCompanyLtd 2022-12-01 2023-11-30 07931641 2022-12-01 2023-11-30 07931641 2023-11-30 07931641 bus:RegisteredOffice 2022-12-01 2023-11-30 07931641 core:WithinOneYear 2023-11-30 07931641 core:AfterOneYear 2023-11-30 07931641 bus:Director1 2022-12-01 2023-11-30 07931641 bus:Director1 2023-11-30 07931641 bus:Director1 2021-12-01 2022-11-30 07931641 2021-12-01 07931641 bus:LeadAgentIfApplicable 2022-12-01 2023-11-30 07931641 2021-12-01 2022-11-30 07931641 2022-11-30 07931641 core:WithinOneYear 2022-11-30 07931641 core:AfterOneYear 2022-11-30 07931641 bus:EntityAccountantsOrAuditors 2021-12-01 2022-11-30 07931641 core:PlantMachinery 2022-12-01 2023-11-30 07931641 core:PlantMachinery 2023-11-30 07931641 core:PlantMachinery 2022-11-30 07931641 core:MotorCars 2022-12-01 2023-11-30 07931641 core:MotorCars 2023-11-30 07931641 core:MotorCars 2022-11-30 07931641 core:FurnitureFittings 2022-12-01 2023-11-30 07931641 core:FurnitureFittings 2023-11-30 07931641 core:FurnitureFittings 2022-11-30 07931641 core:ComputerEquipment 2022-12-01 2023-11-30 07931641 core:ComputerEquipment 2023-11-30 07931641 core:ComputerEquipment 2022-11-30 07931641 core:LandBuildings 2022-12-01 2023-11-30 07931641 core:LandBuildings 2023-11-30 07931641 core:LandBuildings 2022-11-30 07931641 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2023-11-30 07931641 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2022-11-30 07931641 core:CostValuation core:Non-currentFinancialInstruments 2023-11-30 07931641 core:CostValuation core:Non-currentFinancialInstruments 2022-11-30 07931641 core:AdditionsToInvestments core:Non-currentFinancialInstruments 2023-11-30 07931641 core:DisposalsDecreaseInInvestments core:Non-currentFinancialInstruments 2023-11-30 07931641 core:RevaluationsIncreaseDecreaseInInvestments core:Non-currentFinancialInstruments 2023-11-30 07931641 core:Non-currentFinancialInstruments 2023-11-30 07931641 core:Non-currentFinancialInstruments 2022-11-30 07931641 core:ShareCapital 2023-11-30 07931641 core:ShareCapital 2022-11-30 07931641 core:RetainedEarningsAccumulatedLosses 2023-11-30 07931641 core:RetainedEarningsAccumulatedLosses 2022-11-30 07931641 dpl:Item1 2022-12-01 07931641 dpl:Item1 2023-11-30 07931641 dpl:Item1 2021-12-01 07931641 dpl:Item1 2022-11-30 iso4217:GBP xbrli:shares xbrli:pure
Logo On Report
Registered Number: 07931641
England and Wales

 

 

 

JUST PEDAL LIMITED


Amended Unaudited Financial Statements
 


Period of accounts

Start date: 01 December 2022

End date: 30 November 2023
Director Robert Hawkins
Registered Number 07931641
Registered Office Rest Harrow Barr Lane
Burton Bradstock
Bridport
DT6 4PU
Accountants Ward Williams Creatives Limited
Belgrave House
39-43 Monument Hill
Weybridge
Surrey
KT13 8RN
1
 
 
Notes
 
2023
£
  2022
£
Fixed assets      
Tangible fixed assets 3 95,015    88,470 
95,015    88,470 
Current assets      
Stocks 4 46,742    36,342 
Debtors 5 27,992    94,849 
Cash at bank and in hand 48,355    15,538 
123,089    146,729 
Creditors: amount falling due within one year 6 (159,785)   (124,281)
Net current assets (36,696)   22,448 
 
Total assets less current liabilities 58,319    110,918 
Creditors: amount falling due after more than one year 7 (71,538)   (109,944)
Net assets (13,219)   974 
 

Capital and reserves
     
Called up share capital 10,000    10,000 
Profit and loss account (23,219)   (9,026)
Shareholders' funds (13,219)   974 
 


For the year ended 30 November 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:
  1. The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
  2. The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. In accordance with Section 444 of the Companies Act 2006, the income statement has not been delivered to the Registrar of Companies.
The financial statements were approved by the director on 15 October 2024 and were signed by:


-------------------------------
Robert Hawkins
Director
2
General Information
Just Pedal Limited is a private company, limited by shares, registered in England and Wales, registration number 07931641, registration address Rest Harrow Barr Lane, Burton Bradstock, Bridport, DT6 4PU.

The presentation currency is £ sterling.
1.

Accounting policies

Significant accounting policies
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by Section 1A of the standard)
Going concern basis
The directors believe that the company is experiencing good levels of sales growth and profitability, and that it is well placed to manage its business risks successfully. Accordingly, they have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus they continue to adopt the going concern basis of accounting in preparing the financial statements.
Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Operating lease rentals
Rentals payable under operating leases are charged against income on a straight line basis over the lease term.
Foreign currencies
Monetary assets and liabilities denominated in foreign currencies are translated into sterling at the rate of exchange ruling at the statement of financial position date. Transactions in foreign currencies are recorded at the rate ruling at the date of the transaction. All foreign exchange differences are included to the income statement.
Tangible fixed assets
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Equipment for Hire 20% Straight Line
Plant and Machinery 20% Straight Line
Motor Vehicles 25% Straight Line
Fixtures and Fittings 20% Straight Line
Computer Equipment 20% Straight Line
Assets on finance lease and hire purchase
Assets held under finance lease or hire purchase contracts i.e. those contracts where substantially all the risks and rewards of ownership have passed to the company, are included in the appropriate category of tangible fixed assets and depreciated over the shorter of the lease term and their estimated expected useful lives.
Future obligations under such contracts are included in creditors net of the finance charge allocated to future periods.
Stocks
Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.
2.

Average number of employees

Average number of employees during the year was 4 (2022 : 4).
3.

Tangible fixed assets

Cost or valuation Plant and Machinery   Motor Vehicles   Fixtures and Fittings   Computer Equipment   Equipment for Hire   Total
  £   £   £   £   £   £
At 01 December 2022 16,872    11,000    34,331    3,121    113,637    178,961 
Additions       1,429    18,129    19,558 
Disposals         (13,168)   (13,168)
At 30 November 2023 16,872    11,000    34,331    4,550    118,598    185,351 
Depreciation
At 01 December 2022 16,743    11,000    1,319    1,629    33,987    64,678 
Charge for year 64      1,722    876    30,899    33,561 
On disposals         (7,903)   (7,903)
At 30 November 2023 16,807    11,000    3,041    2,505    56,983    90,336 
Net book values
Closing balance as at 30 November 2023 65      31,290    2,045    61,615    95,015 
Opening balance as at 01 December 2022 129      33,012    1,492    53,837    88,470 

The net book value of Equipment for Hire includes £ 61,615 (2022 £79,650) in respect of assets leased under finance leases or hire purchase contracts.

4.

Stocks

2023
£
  2022
£
Stocks 46,742    36,342 
46,742    36,342 

5.

Debtors: amounts falling due within one year

2023
£
  2022
£
Trade Debtors 27,419    25,428 
Prepayments & Accrued Income 557    2,000 
Corporation tax repayable 16    37,484 
Directors' Current Accounts   29,937 
27,992    94,849 

6.

Creditors: amount falling due within one year

2023
£
  2022
£
Trade Creditors 48,996    58,290 
Bank Loans & Overdrafts (Secured) 40,000    40,000 
Bank Loans & Overdrafts 3    842 
Corporation Tax 1,227    1,227 
PAYE & Social Security 4,199    4,014 
Accrued Expenses   6,210 
Deferred Income 36,403   
Other Creditors 1,508    1,475 
Wages & Salaries Control Account 301   
Directors' Current Accounts 9,301   
VAT Control Account 17,847    12,223 
159,785    124,281 

7.

Creditors: amount falling due after more than one year

2023
£
  2022
£
Bank Loans & Overdrafts (secured) 71,538    116,154 
Accrued Expenses   (6,210)
71,538    109,944 

3