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Company limited by guarantee

Company Registration Number:
08846909 (England and Wales)

Unaudited statutory accounts for the year ended 31 January 2025

Period of accounts

Start date: 1 February 2024

End date: 31 January 2025

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Contents of the Financial Statements

for the Period Ended 31 January 2025

Profit and loss
Balance sheet
Additional notes
Balance sheet notes
Community Interest Report

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Profit And Loss Account

for the Period Ended 31 January 2025

2025 2024


£

£
Turnover: 68,269 63,676
Cost of sales: ( 3,309 ) ( 3,581 )
Gross profit(or loss): 64,960 60,095
Administrative expenses: ( 39,085 ) ( 36,744 )
Other operating income: 700 1,415
Operating profit(or loss): 26,575 24,766
Profit(or loss) before tax: 26,575 24,766
Tax: ( 5,372 ) ( 4,914 )
Profit(or loss) for the financial year: 21,203 19,852

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Balance sheet

As at 31 January 2025

Notes 2025 2024


£

£
Fixed assets
Tangible assets: 3 653 816
Total fixed assets: 653 816
Current assets
Stocks: 4 400 400
Cash at bank and in hand: 136,319 114,975
Total current assets: 136,719 115,375
Creditors: amounts falling due within one year: 5 ( 6,033 ) ( 6,055 )
Net current assets (liabilities): 130,686 109,320
Total assets less current liabilities: 131,339 110,136
Total net assets (liabilities): 131,339 110,136
Members' funds
Profit and loss account: 131,339 110,136
Total members' funds: 131,339 110,136

The notes form part of these financial statements

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Balance sheet statements

For the year ending 31 January 2025 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 27 February 2025
and signed on behalf of the board by:

Name: John Ray Edward Crosthwaite
Status: Director

The notes form part of these financial statements

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Notes to the Financial Statements

for the Period Ended 31 January 2025

  • 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

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Notes to the Financial Statements

for the Period Ended 31 January 2025

  • 2. Employees

    2025 2024
    Average number of employees during the period 1 1

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Notes to the Financial Statements

for the Period Ended 31 January 2025

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 February 2024 5,608 5,608
Additions
Disposals
Revaluations
Transfers
At 31 January 2025 5,608 5,608
Depreciation
At 1 February 2024 4,792 4,792
Charge for year 163 163
On disposals
Other adjustments
At 31 January 2025 4,955 4,955
Net book value
At 31 January 2025 653 653
At 31 January 2024 816 816

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Notes to the Financial Statements

for the Period Ended 31 January 2025

4. Stocks

2025 2024
£ £
Stocks 400 400
Total 400 400

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Notes to the Financial Statements

for the Period Ended 31 January 2025

5. Creditors: amounts falling due within one year note

2025 2024
£ £
Taxation and social security 5,372 4,943
Accruals and deferred income 0 480
Other creditors 661 632
Total 6,033 6,055

COMMUNITY INTEREST ANNUAL REPORT

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Company Number: 08846909 (England and Wales)

Year Ending: 31 January 2025

Company activities and impact

PROVIDING TOOLS AND SPACE FOR CYCLISTS TO LEARN TO REPAIR THEIR BICYCLES AND THE RESALE OF DONATED BICYCLES. THIS SUPPORTS THE LOCAL COMMUNITY, ENCOURAGES SUSTAINABLE TRANSPORT AND BENEFITS THE LOCAL COMMUNITY.

Consultation with stakeholders

THE COMPANY IS RUN ENTIRELY BY VOLUNTEERS WHO MEET REGULARLY SO VOLUNTEERS CAN CONTRIBUTE WITH SUGGESTIONS AND IDEAS.

Directors' remuneration

No remuneration was received

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
27 February 2025

And signed on behalf of the board by:
Name: John Ray Edward Crosthwaite
Status: Director