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REGISTERED NUMBER: 08358746 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

MOTORRAD TOURS LIMITED

MOTORRAD TOURS LIMITED (REGISTERED NUMBER: 08358746)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


MOTORRAD TOURS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2024







DIRECTOR: C J Hone





REGISTERED OFFICE: 1 Heol Mostyn
Village Farm Industrial Estate
Pyle
Bridgend
CF33 6BJ





REGISTERED NUMBER: 08358746 (England and Wales)





ACCOUNTANTS: Baker Knoyle Chartered Accountants
Orbit Business Centre
Merthyr Tydfil
CF48 1DL

MOTORRAD TOURS LIMITED (REGISTERED NUMBER: 08358746)

BALANCE SHEET
31 DECEMBER 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 2,234 2,854
Tangible assets 5 43,786 3,767
Investment property 6 1,631 -
47,651 6,621

CURRENT ASSETS
Debtors 7 279,037 98,143
Cash at bank and in hand 457,053 333,161
736,090 431,304
CREDITORS
Amounts falling due within one year 8 452,105 239,019
NET CURRENT ASSETS 283,985 192,285
TOTAL ASSETS LESS CURRENT
LIABILITIES

331,636

198,906

CREDITORS
Amounts falling due after more than one
year

9

(33,488

)

(39,128

)

PROVISIONS FOR LIABILITIES (11,913 ) (1,258 )
NET ASSETS 286,235 158,520

CAPITAL AND RESERVES
Called up share capital 10,000 10,000
Retained earnings 276,235 148,520
286,235 158,520

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

MOTORRAD TOURS LIMITED (REGISTERED NUMBER: 08358746)

BALANCE SHEET - continued
31 DECEMBER 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 17 March 2025 and were signed by:





C J Hone - Director


MOTORRAD TOURS LIMITED (REGISTERED NUMBER: 08358746)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

1. STATUTORY INFORMATION

Motorrad Tours Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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.

Website is being amortised evenly over its estimated useful life of five years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Motorcycle equipment - 25% on cost
Fixtures, Fittings & Equipment - 20% on cost
Motor vehicles - 20% on cost
Computer equipment - 33% on cost

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

MOTORRAD TOURS LIMITED (REGISTERED NUMBER: 08358746)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2024

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2023 - 3 ) .

4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST
At 1 January 2024
and 31 December 2024 7,900
AMORTISATION
At 1 January 2024 5,046
Charge for year 620
At 31 December 2024 5,666
NET BOOK VALUE
At 31 December 2024 2,234
At 31 December 2023 2,854

5. TANGIBLE FIXED ASSETS
Fixtures,
Motorcycle Fittings Motor Computer
equipment & Equipment vehicles equipment Totals
£    £    £    £    £   
COST
At 1 January 2024 15,362 8,403 41,463 3,304 68,532
Additions 6,384 - 46,680 492 53,556
Disposals (1,116 ) - (39,558 ) (683 ) (41,357 )
At 31 December 2024 20,630 8,403 48,585 3,113 80,731
DEPRECIATION
At 1 January 2024 14,271 8,404 40,943 1,147 64,765
Charge for year 1,814 (1 ) 9,360 935 12,108
Eliminated on disposal (559 ) - (39,062 ) (307 ) (39,928 )
At 31 December 2024 15,526 8,403 11,241 1,775 36,945
NET BOOK VALUE
At 31 December 2024 5,104 - 37,344 1,338 43,786
At 31 December 2023 1,091 (1 ) 520 2,157 3,767

MOTORRAD TOURS LIMITED (REGISTERED NUMBER: 08358746)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2024

6. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
Property Improvement Additions 2,434
At 31 December 2024 2,434
DEPRECIATION
Charge for year 803
At 31 December 2024 803
NET BOOK VALUE
At 31 December 2024 1,631

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 24,692 8,290
VAT 6,463 6,555
Prepayments 197,504 83,298
Rubella Inter Co Account 50,378 -
279,037 98,143

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 3,950 6,427
Tax 32,114 31,535
Other creditors 414,807 199,761
Accruals and deferred income 1,234 1,296
452,105 239,019

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans - 1-2 years 5,781 5,640
Bank loans - 2-5 years 18,226 17,781
Bank loans more 5 yr by instal 9,481 15,707
33,488 39,128

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 9,481 15,707

MOTORRAD TOURS LIMITED (REGISTERED NUMBER: 08358746)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2024

10. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
2024 2023
£    £   
Within one year 10,975 -
Between one and five years 21,950 -
32,925 -