2023-04-012024-03-312024-03-31false10389908MOTORCYCLE SELECT LTD.2024-11-22iso4217:GBPxbrli:pure103899082023-04-01103899082024-03-31103899082023-04-012024-03-31103899082022-04-01103899082023-03-31103899082022-04-012023-03-3110389908bus:SmallEntities2023-04-012024-03-3110389908bus:AuditExempt-NoAccountantsReport2023-04-012024-03-3110389908bus:FullAccounts2023-04-012024-03-3110389908bus:PrivateLimitedCompanyLtd2023-04-012024-03-3110389908core:WithinOneYear2024-03-3110389908core:AfterOneYear2024-03-3110389908core:WithinOneYear2023-03-3110389908core:AfterOneYear2023-03-3110389908core:ShareCapital2024-03-3110389908core:SharePremium2024-03-3110389908core:RevaluationReserve2024-03-3110389908core:OtherReservesSubtotal2024-03-3110389908core:RetainedEarningsAccumulatedLosses2024-03-3110389908core:ShareCapital2023-03-3110389908core:SharePremium2023-03-3110389908core:RevaluationReserve2023-03-3110389908core:OtherReservesSubtotal2023-03-3110389908core:RetainedEarningsAccumulatedLosses2023-03-3110389908core:LandBuildings2024-03-3110389908core:PlantMachinery2024-03-3110389908core:Vehicles2024-03-3110389908core:FurnitureFittings2024-03-3110389908core:OfficeEquipment2024-03-3110389908core:NetGoodwill2024-03-3110389908core:IntangibleAssetsOtherThanGoodwill2024-03-3110389908core:ListedExchangeTraded2024-03-3110389908core:UnlistedNon-exchangeTraded2024-03-3110389908core:LandBuildings2023-03-3110389908core:PlantMachinery2023-03-3110389908core:Vehicles2023-03-3110389908core:FurnitureFittings2023-03-3110389908core:OfficeEquipment2023-03-3110389908core:NetGoodwill2023-03-3110389908core:IntangibleAssetsOtherThanGoodwill2023-03-3110389908core:ListedExchangeTraded2023-03-3110389908core:UnlistedNon-exchangeTraded2023-03-3110389908core:LandBuildings2023-04-012024-03-3110389908core:PlantMachinery2023-04-012024-03-3110389908core:Vehicles2023-04-012024-03-3110389908core:FurnitureFittings2023-04-012024-03-3110389908core:OfficeEquipment2023-04-012024-03-3110389908core:NetGoodwill2023-04-012024-03-3110389908core:IntangibleAssetsOtherThanGoodwill2023-04-012024-03-3110389908core:ListedExchangeTraded2023-04-012024-03-3110389908core:UnlistedNon-exchangeTraded2023-04-012024-03-3110389908core:MoreThanFiveYears2023-04-012024-03-3110389908core:Non-currentFinancialInstruments2024-03-3110389908core:Non-currentFinancialInstruments2023-03-3110389908dpl:CostSales2023-04-012024-03-3110389908dpl:DistributionCosts2023-04-012024-03-3110389908core:LandBuildings2023-04-012024-03-3110389908core:PlantMachinery2023-04-012024-03-3110389908core:Vehicles2023-04-012024-03-3110389908core:FurnitureFittings2023-04-012024-03-3110389908core:OfficeEquipment2023-04-012024-03-3110389908dpl:AdministrativeExpenses2023-04-012024-03-3110389908core:NetGoodwill2023-04-012024-03-3110389908core:IntangibleAssetsOtherThanGoodwill2023-04-012024-03-3110389908dpl:GroupUndertakings2023-04-012024-03-3110389908dpl:ParticipatingInterests2023-04-012024-03-3110389908dpl:GroupUndertakingscore:ListedExchangeTraded2023-04-012024-03-3110389908core:ListedExchangeTraded2023-04-012024-03-3110389908dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2023-04-012024-03-3110389908core:UnlistedNon-exchangeTraded2023-04-012024-03-3110389908dpl:CostSales2022-04-012023-03-3110389908dpl:DistributionCosts2022-04-012023-03-3110389908core:LandBuildings2022-04-012023-03-3110389908core:PlantMachinery2022-04-012023-03-3110389908core:Vehicles2022-04-012023-03-3110389908core:FurnitureFittings2022-04-012023-03-3110389908core:OfficeEquipment2022-04-012023-03-3110389908dpl:AdministrativeExpenses2022-04-012023-03-3110389908core:NetGoodwill2022-04-012023-03-3110389908core:IntangibleAssetsOtherThanGoodwill2022-04-012023-03-3110389908dpl:GroupUndertakings2022-04-012023-03-3110389908dpl:ParticipatingInterests2022-04-012023-03-3110389908dpl:GroupUndertakingscore:ListedExchangeTraded2022-04-012023-03-3110389908core:ListedExchangeTraded2022-04-012023-03-3110389908dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-04-012023-03-3110389908core:UnlistedNon-exchangeTraded2022-04-012023-03-3110389908core:NetGoodwill2024-03-3110389908core:IntangibleAssetsOtherThanGoodwill2024-03-3110389908core:LandBuildings2024-03-3110389908core:PlantMachinery2024-03-3110389908core:Vehicles2024-03-3110389908core:FurnitureFittings2024-03-3110389908core:OfficeEquipment2024-03-3110389908core:AfterOneYear2024-03-3110389908core:WithinOneYear2024-03-3110389908core:ListedExchangeTraded2024-03-3110389908core:UnlistedNon-exchangeTraded2024-03-3110389908core:ShareCapital2024-03-3110389908core:SharePremium2024-03-3110389908core:RevaluationReserve2024-03-3110389908core:OtherReservesSubtotal2024-03-3110389908core:RetainedEarningsAccumulatedLosses2024-03-3110389908core:NetGoodwill2023-03-3110389908core:IntangibleAssetsOtherThanGoodwill2023-03-3110389908core:LandBuildings2023-03-3110389908core:PlantMachinery2023-03-3110389908core:Vehicles2023-03-3110389908core:FurnitureFittings2023-03-3110389908core:OfficeEquipment2023-03-3110389908core:AfterOneYear2023-03-3110389908core:WithinOneYear2023-03-3110389908core:ListedExchang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MOTORCYCLE SELECT LTD.

Registered Number
10389908
(England and Wales)

Unaudited Financial Statements for the Year ended
31 March 2024

MOTORCYCLE SELECT LTD.
Company Information
for the year from 1 April 2023 to 31 March 2024

Director

ROGERS, Gary

Company Secretary

ROGERS, Estelle Janine

Registered Address

Unit 10 Sapcote Road Industrial Estate Sapcote Road
Burbage
Hinckley
LE10 2AU

Registered Number

10389908 (England and Wales)
MOTORCYCLE SELECT LTD.
Balance Sheet as at
31 March 2024

Notes

2024

2023

£

£

£

£

Fixed assets
Intangible assets34,9007,350
Tangible assets44,7975,997
9,69713,347
Current assets
Stocks510,79512,000
Debtors-531
Cash at bank and on hand10,2826,071
21,07718,602
Creditors amounts falling due within one year6(29,895)(39,261)
Net current assets (liabilities)(8,818)(20,659)
Total assets less current liabilities879(7,312)
Creditors amounts falling due after one year7(7,346)(8,995)
Net assets(6,467)(16,307)
Capital and reserves
Called up share capital1010
Profit and loss account(6,477)(16,317)
Shareholders' funds(6,467)(16,307)
The financial statements were approved and authorised for issue by the Director on 22 November 2024, and are signed on its behalf by:
ROGERS, Gary
Director
Registered Company No. 10389908
MOTORCYCLE SELECT LTD.
Notes to the Financial Statements
for the year ended 31 March 2024

1.Accounting policies
Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
Statement of compliance
The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.
Revenue from sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Foreign currency translation
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.
Tangible fixed assets and depreciation
Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:
Stocks and work in progress
Stocks are valued at the lower of cost and estimated selling price (less any associated costs to enable such sales to complete).
2.Average number of employees

20242023
Average number of employees during the year22
3.Intangible assets

Other

Total

££
Cost or valuation
At 01 April 2312,25012,250
At 31 March 2412,25012,250
Amortisation and impairment
At 01 April 234,9004,900
Charge for year2,4502,450
At 31 March 247,3507,350
Net book value
At 31 March 244,9004,900
At 31 March 237,3507,350
4.Tangible fixed assets

Plant & machinery

Total

££
Cost or valuation
At 01 April 237,4967,496
At 31 March 247,4967,496
Depreciation and impairment
At 01 April 231,4991,499
Charge for year1,2001,200
At 31 March 242,6992,699
Net book value
At 31 March 244,7974,797
At 31 March 235,9975,997
5.Stocks

2024

2023

££
Other stocks10,79512,000
Total10,79512,000
6.Creditors: amounts due within one year

2024

2023

££
Trade creditors / trade payables142-
Taxation and social security1,967-
Other creditors26,93638,411
Accrued liabilities and deferred income850850
Total29,89539,261
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
7.Creditors: amounts due after one year

2024

2023

££
Bank borrowings and overdrafts1,7991,799
Other creditors5,5477,196
Total7,3468,995
8.Obligations under finance leases

2024

2023

££
Finance lease and HP contracts5,5477,196