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Company Registration No. 05096179 (England and Wales)
NORTH WEMBLEY MOTORCYCLES LIMITED Filleted accounts for the year ended 31 March 2024
NORTH WEMBLEY MOTORCYCLES LIMITED Filleted accounts Contents
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NORTH WEMBLEY MOTORCYCLES LIMITED Company Information for the year ended 31 March 2024
Director
Paulius Treciokas
Company Number
05096179 (England and Wales)
Registered Office
UNIT 1 28 PEMBROKE ROAD NORTH WEMBLEY HA9 7PD
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NORTH WEMBLEY MOTORCYCLES LIMITED Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
4,698 
6,797 
Current assets
Inventories
7,500 
8,000 
Cash at bank and in hand
6,001 
6,667 
13,501 
14,667 
Creditors: amounts falling due within one year
(4,496)
(11,106)
Net current assets
9,005 
3,561 
Net assets
13,703 
10,358 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
13,702 
10,357 
Shareholders' funds
13,703 
10,358 
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. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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 and authorised for issue on 6 November 2024 and were signed on its behalf by
Paulius Treciokas Director Company Registration No. 05096179
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NORTH WEMBLEY MOTORCYCLES LIMITED Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
NORTH WEMBLEY MOTORCYCLES LIMITED is a private company, limited by shares, registered in England and Wales, registration number 05096179. The registered office is UNIT 1, 28 PEMBROKE ROAD, NORTH WEMBLEY, HA9 7PD.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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:
4
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 April 2023
10,496 
At 31 March 2024
10,496 
Depreciation
At 1 April 2023
3,699 
Charge for the year
2,099 
At 31 March 2024
5,798 
Net book value
At 31 March 2024
4,698 
At 31 March 2023
6,797 
5
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Taxes and social security
1,277 
1,812 
Proposed dividends
- 
2,000 
Other creditors
3,219 
- 
Loans from directors
- 
7,294 
4,496 
11,106 
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NORTH WEMBLEY MOTORCYCLES LIMITED Notes to the Accounts for the year ended 31 March 2024
6
Average number of employees
During the year the average number of employees was 1 (2023: 1).
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