INDOOR CYCLING ACADEMY LTD

Company Registration Number:
14811119 (England and Wales)

Unaudited abridged accounts for the year ended 31 December 2024

Period of accounts

Start date: 01 January 2024

End date: 31 December 2024

INDOOR CYCLING ACADEMY LTD

Contents of the Financial Statements

for the Period Ended 31 December 2024

Balance sheet
Notes

INDOOR CYCLING ACADEMY LTD

Balance sheet

As at 31 December 2024


Notes

2024

8 months to 31 December 2023


£

£
Called up share capital not paid: 0 0
Fixed assets
Intangible assets: 3 161,851 115,608
Tangible assets: 4 9,140 5,116
Investments:   0 0
Total fixed assets: 170,991 120,724
Current assets
Stocks: 0 0
Debtors:   0 0
Cash at bank and in hand: 10,540 7,456
Investments:   0 0
Total current assets: 10,540 7,456
Creditors: amounts falling due within one year:   0 0
Net current assets (liabilities): 10,540 7,456
Total assets less current liabilities: 181,531 128,180
Creditors: amounts falling due after more than one year:   0 (15,000)
Provision for liabilities: (10,000) (5,000)
Total net assets (liabilities): 171,531 108,180
Capital and reserves
Called up share capital: 100 100
Share premium account: 0 0
Revaluation reserve:5171,431108,080
Other reserves: 0 0
Profit and loss account: 0 0
Shareholders funds: 171,531 108,180

The notes form part of these financial statements

INDOOR CYCLING ACADEMY LTD

Balance sheet statements

For the year ending 31 December 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 26 February 2025
and signed on behalf of the board by:

Name: Josh Bradley-Viso
Status: Director

The notes form part of these financial statements

INDOOR CYCLING ACADEMY LTD

Notes to the Financial Statements

for the Period Ended 31 December 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Financial Reporting Standard 101

INDOOR CYCLING ACADEMY LTD

Notes to the Financial Statements

for the Period Ended 31 December 2024

2. Employees

2024 8 months to 31 December 2023
Average number of employees during the period 4 2

INDOOR CYCLING ACADEMY LTD

Notes to the Financial Statements

for the Period Ended 31 December 2024

3. Intangible Assets

Total
Cost £
At 01 January 2024 115,608
Revaluations 46,243
At 31 December 2024 161,851
Net book value
At 31 December 2024 161,851
At 31 December 2023 115,608

INDOOR CYCLING ACADEMY LTD

Notes to the Financial Statements

for the Period Ended 31 December 2024

4. Tangible Assets

Total
Cost £
At 01 January 2024 5,116
Additions 4,024
At 31 December 2024 9,140
Net book value
At 31 December 2024 9,140
At 31 December 2023 5,116

INDOOR CYCLING ACADEMY LTD

Notes to the Financial Statements

for the Period Ended 31 December 2024

5. Revaluation reserve

2024
£
Balance at 01 January 2024 108,080
Surplus or deficit after revaluation 63,351
Balance at 31 December 2024 171,431