WHEELS IN MOTION GAINSBOROUGH LTD

Company Registration Number:
14256325 (England and Wales)

Unaudited statutory accounts for the year ended 30 September 2024

Period of accounts

Start date: 01 August 2023

End date: 30 September 2024

WHEELS IN MOTION GAINSBOROUGH LTD

Contents of the Financial Statements

for the Period Ended 30 September 2024

Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Additional notes - 8
Balance sheet notes - 11

WHEELS IN MOTION GAINSBOROUGH LTD

Company Information

for the Period Ended 30 September 2024




Director: David Bedford
Registered office: 276
Ropery Road
Gainsborough
England
DN21 2NT
Company Registration Number: 14256325 (England and Wales)

WHEELS IN MOTION GAINSBOROUGH LTD

Directors' Report Period Ended 30 September 2024

The directors present their report with the financial statements of the company for the period ended 30 September 2024

Principal Activities

The principle activities of this company are to provide service and maintenance of bicycles

Directors

The directors shown below have held office during the whole of the period from 01 August 2023 to 30 September 2024
David Bedford

This report was approved by the board of directors on 4 December 2024
And Signed On Behalf Of The Board By:

Name: David Bedford
Status: Director

WHEELS IN MOTION GAINSBOROUGH LTD

Profit and Loss Account

for the Period Ended 30 September 2024


Notes
14 months to
30 Sep 2024
£

2023
£
Turnover 5,120 4,681
Cost of sales ( 6,296 ) ( 3,233 )
Gross Profit or (Loss) ( 1,176 ) 1,448
Income from coronavirus (COVID-19) business support grants 0 0
Distribution Costs ( 0 ) ( 0 )
Administrative Expenses ( 1,636 ) ( 2,108 )
Operating Profit or (Loss) ( 2,812 ) ( 660 )
Interest Receivable and Similar Income 0 0
Interest Payable and Similar Charges ( 0 ) ( 0 )
Profit or (Loss) Before Tax ( 2,812 ) ( 660 )
Tax on Profit ( 0 ) ( 0 )
Profit or (Loss) for Period ( 2,812 ) ( 660 )

The notes form part of these financial statements

WHEELS IN MOTION GAINSBOROUGH LTD

Balance sheet

As at 30 September 2024


Notes
14 months to
30 Sep 2024
£

2023
£
Fixed assets
Tangible assets: 4 3,000 4,000
Total fixed assets: 3,000 4,000
Current assets
Stocks: 0 0
Cash at bank and in hand: 86 2,935
Total current assets: 86 2,935
Prepayments and accrued income: 0 0
Net current assets (liabilities): 86 2,935
Total assets less current liabilities: 3,086 6,935
Provision for liabilities: ( 0 ) ( 0 )
Accruals and deferred income: ( 0 ) ( 0 )
Total net assets (liabilities): 3,086 6,935

The notes form part of these financial statements

WHEELS IN MOTION GAINSBOROUGH LTD

Balance sheet continued

As at 30 September 2024


Notes
14 months to
30 Sep 2024
£

2023
£
Capital and reserves
Called up share capital: 3,086 6,935
Profit and loss account: 0 0
Shareholders funds: 3,086 6,935

For the year ending 30 September 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.

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

This report was approved by the board of directors on 4 December 2024
And Signed On Behalf Of The Board By:

Name: David Bedford
Status: Director

The notes form part of these financial statements

WHEELS IN MOTION GAINSBOROUGH LTD

Notes to the Financial Statements

for the Period Ended 30 September 2024

  • 1. Accounting policies

    Basis of measurement and preparation

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

WHEELS IN MOTION GAINSBOROUGH LTD

Notes to the Financial Statements

for the Period Ended 30 September 2024

  • 2. Employees

    14 months to
    30 Sep 2024

    2023
    Average number of employees during the period 1 1

WHEELS IN MOTION GAINSBOROUGH LTD

Notes to the Financial Statements

for the Period Ended 30 September 2024

  • 3. Off balance sheet disclosure

    No

WHEELS IN MOTION GAINSBOROUGH LTD

Notes to the Financial Statements

for the Period Ended 30 September 2024

4. Tangible assets

Motor vehicles Total
Cost £ £
At 01 August 2023 4,000 4,000
Additions - -
Disposals - -
Revaluations - -
Transfers - -
At 30 September 2024 4,000 4,000
Depreciation
At 01 August 2023 - -
Charge for year - -
On disposals - -
Other adjustments 1,000 1,000
At 30 September 2024 1,000 1,000
Net book value
At 30 September 2024 3,000 3,000
At 31 July 2023 4,000 4,000

WHEELS IN MOTION GAINSBOROUGH LTD

Notes to the Financial Statements

for the Period Ended 30 September 2024

5. Revaluation reserve

14 months to
30 Sep 2024
£
Balance at 30 September 2024 0