MOTORCYCLE MEGA STORES LIMITED

Company Registration Number:
07959075 (England and Wales)

Unaudited abridged accounts for the year ended 29 February 2024

Period of accounts

Start date: 01 March 2023

End date: 29 February 2024

MOTORCYCLE MEGA STORES LIMITED

Contents of the Financial Statements

for the Period Ended 29 February 2024

Balance sheet
Notes

MOTORCYCLE MEGA STORES LIMITED

Balance sheet

As at 29 February 2024


Notes

2024

2023


£

£
Fixed assets
Tangible assets: 3 4,582 4,019
Total fixed assets: 4,582 4,019
Current assets
Stocks: 1,929,246 1,423,249
Debtors:   259,724 256,091
Cash at bank and in hand: 239,148 190,071
Total current assets: 2,428,118 1,869,411
Creditors: amounts falling due within one year:   (2,039,516) (1,601,831)
Net current assets (liabilities): 388,602 267,580
Total assets less current liabilities: 393,184 271,599
Provision for liabilities: (1,145) (763)
Total net assets (liabilities): 392,039 270,836
Capital and reserves
Called up share capital: 2 2
Profit and loss account: 392,037 270,834
Shareholders funds: 392,039 270,836

The notes form part of these financial statements

MOTORCYCLE MEGA STORES LIMITED

Balance sheet statements

For the year ending 29 February 2024 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 20 November 2024
and signed on behalf of the board by:

Name: S L Gannicott
Status: Director

The notes form part of these financial statements

MOTORCYCLE MEGA STORES LIMITED

Notes to the Financial Statements

for the Period Ended 29 February 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Tangible fixed assets and depreciation policy

Plant and machinery, fixtures and fittings, computer equipment - 25% reducing balance.

MOTORCYCLE MEGA STORES LIMITED

Notes to the Financial Statements

for the Period Ended 29 February 2024

2. Employees

2024 2023
Average number of employees during the period 15 16

MOTORCYCLE MEGA STORES LIMITED

Notes to the Financial Statements

for the Period Ended 29 February 2024

3. Tangible Assets

Total
Cost £
At 01 March 2023 10,857
Additions 2,438
Disposals (741)
At 29 February 2024 12,554
Depreciation
At 01 March 2023 6,838
Charge for year 1,724
On disposals (590)
At 29 February 2024 7,972
Net book value
At 29 February 2024 4,582
At 28 February 2023 4,019