CYCLEDELIK LIMITED

Company Registration Number:
09720108 (England and Wales)

Unaudited micro entity accounts for the year ended 31 August 2024

Period of accounts

Start date: 01 September 2023

End date: 31 August 2024

CYCLEDELIK LIMITED

Contents of the Financial Statements

for the Period Ended 31 August 2024

Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Footnotes to the Balance Sheet - 8

CYCLEDELIK LIMITED

Company Information

for the Period Ended 31 August 2024




Director: RACHID BOUASRIA
Registered office: Cycledelik
Unit 30, 63 Jeddo Road
London
GBR
W12 9EE
Company Registration Number: 09720108 (England and Wales)

CYCLEDELIK LIMITED

Directors' Report Period Ended 31 August 2024

The directors present their report with the financial statements of the company for the period ended 31 August 2024

Principal Activities

Mobile bicycle, eBike and cargobike on the spot servicing and repairs with 24/7 support to the last mile delivery business.

Political and charitable donations

The last Saturday of every month CYCLEDELIK provides community cycle workshops to support low income segment of the population trying to get back on their feet. Time is kindly donated by the mechanics present of the day and food and beverages are supplied by CYCLEDELIK. CYCLEDELIK also supports The Hammersmith Community Gardens Association by donating free time to community event attendees wishing to repair or safety check their bicycles.

Company policy on the employment of disabled persons

CYCLEDELIK has no prejudice and open to work with any ability from any background assuming they are able to carry out the task in had comfortably and safely. By way of an example between 2023 and 2024 CYCLEDELIK took on 2 people referred from The Disabled Youth Employment Hertfordshire to boost moral and improve employability chances. Contact Lisa Berry from the Hertfordshire Council.

Additional information

CYCLEDELIK LIMITED Director’s report as at 31/08/2024 2023-24 was the worst year on record in terms of sales due to a stagnant economy in the UK. CYCLEDELIK’s balance sheet further adjustments are due to business IP revaluation in order to bring it in line with the current market due to the economic downturn the UK is going through. CYCLEDELIK remains committed to supporting active travel and last mile delivery service by offering 24/7 access to roadside assistance, recovery as well as servicing and repairs for all cargobikes, ebikes, micro and light modes of transportation. CYCLEDELIK is cautiously optimistic about the future of active travel and last mile delivery as the state of the economy is worsening, logistics and manufacturing companies are closing or filing for bankruptcy eg: EAV Cargobikes and a well-known and established courier business Zedify. CYCLEDELIK’s future plans are to scale down it’s product offering and concentrate on speciality items as well as branch out into R&D, manufacture and engineering.

Directors

The directors shown below have held office during the whole of the period from 01 September 2023 to 31 August 2024
RACHID BOUASRIA

This report was approved by the board of directors on 9 May 2025
And Signed On Behalf Of The Board By:

Name: RACHID BOUASRIA
Status: Director

CYCLEDELIK LIMITED

Profit and Loss Account

for the Period Ended 31 August 2024


2024
£

2023
£
Turnover 55,209 57,254
Income from coronavirus (COVID-19) business support grants 0 0
Other Income 0 0
Cost of Materials ( 29,960 ) ( 25,731 )
Staff Costs ( 0 ) ( 0 )
Depreciation and Writeoffs ( 141,150 ) ( 105,863 )
Other charges ( 34,797 ) ( 357,650 )
Tax on Profit ( 0 ) ( 0 )
Profit or (Loss) for Period ( 150,698 ) ( 431,990 )

CYCLEDELIK LIMITED

Balance sheet

As at 31 August 2024


2024
£

2023
£
Called up share capital not paid: 0 0
Fixed Assets: 169,335 310,288
Current assets: 118,075 96,841
Prepayments and accrued income: 0 0
Creditors: amounts falling due within one year: ( 0 ) ( 0 )
Net current assets (liabilities): 118,075 96,841
Total assets less current liabilities: 287,410 407,129
Creditors: amounts falling due after more than one year: ( 0 ) ( 1 )
Provision for liabilities: ( 106,038 ) ( 75,058 )
Accruals and deferred income: ( 0 ) ( 0 )
Total net assets (liabilities): 181,372 332,070
Capital and reserves: 181,372 332,070

CYCLEDELIK LIMITED

Balance sheet continued

For the year ending 31 August 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 of the small companies regime applicable to micro-entities.

This report was approved by the board of directors on 9 May 2025
And Signed On Behalf Of The Board By:

Name: RACHID BOUASRIA
Status: Director

The notes form part of these financial statements

CYCLEDELIK LIMITED

Footnotes to the Financial Statements

for the Period Ended 31 August 2024

  • 1. Employee Information

    Average number of employees: 1

CYCLEDELIK LIMITED

Footnotes to the Financial Statements

for the Period Ended 31 August 2024

  • 2. Off balance sheet disclosure

    No