BIKE MUSTSTASH LTD

Company Registration Number:
SC780564 (Scotland)

Unaudited statutory accounts for the year ended 31 August 2024

Period of accounts

Start date: 29 August 2023

End date: 31 August 2024

BIKE MUSTSTASH LTD

Contents of the Financial Statements

for the Period Ended 31 August 2024

Company Information - 3
Profit and Loss Account - 4
Balance sheet - 5
Additional notes - 7
Balance sheet notes - 10

BIKE MUSTSTASH LTD

Company Information

for the Period Ended 31 August 2024




Director: Alex Holowko
Samuel Outteridge
Registered office: 5
Craig Terrace
Innerleithen
GB-SCT
EH44 6LU
Company Registration Number: SC780564 (Scotland)

BIKE MUSTSTASH LTD

Profit and Loss Account

for the Period Ended 31 August 2024


Notes

2024
£
Turnover 472
Cost of sales ( 5,959 )
Gross Profit or (Loss) ( 5,487 )
Income from coronavirus (COVID-19) business support grants 0
Distribution Costs ( 130 )
Administrative Expenses ( 193 )
Other operating income 0
Operating Profit or (Loss) ( 5,810 )
Interest Receivable and Similar Income 1
Interest Payable and Similar Charges ( 0 )
Profit or (Loss) Before Tax ( 5,809 )
Tax on Profit ( 0 )
Profit or (Loss) for Period ( 5,809 )

The notes form part of these financial statements

BIKE MUSTSTASH LTD

Balance sheet

As at 31 August 2024


Notes

2024
£
Fixed assets
Tangible assets: 4 26
Total fixed assets: 26
Current assets
Cash at bank and in hand: 410
Total current assets: 410
Creditors: amounts falling due within one year: 5 ( 6,245 )
Net current assets (liabilities): ( 5,835 )
Total assets less current liabilities: ( 5,809 )
Total net assets (liabilities): ( 5,809 )

The notes form part of these financial statements

BIKE MUSTSTASH LTD

Balance sheet continued

As at 31 August 2024


Notes

2024
£
Capital and reserves
Called up share capital: 1
Profit and loss account: ( 5,810 )
Shareholders funds: ( 5,809 )

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 applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 12 May 2025
And Signed On Behalf Of The Board By:

Name: Alex Holowko
Status: Director

The notes form part of these financial statements

BIKE MUSTSTASH LTD

Notes to the Financial Statements

for the Period Ended 31 August 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

    Turnover policy

    Turnover represents the total value of sales made during the period, excluding VAT. Revenue is recognised when goods are delivered to customers and the risks and rewards of ownership have transferred.

    Tangible fixed assets depreciation policy

    Tangible fixed assets are stated at cost less accumulated depreciation. Depreciation is provided at rates calculated to write off the cost of each asset on a straight-line basis over its expected useful life. No depreciation has been charged this period.

BIKE MUSTSTASH LTD

Notes to the Financial Statements

for the Period Ended 31 August 2024

  • 2. Employees


    2024
    Average number of employees during the period 0

BIKE MUSTSTASH LTD

Notes to the Financial Statements

for the Period Ended 31 August 2024

  • 3. Off balance sheet disclosure

    No

BIKE MUSTSTASH LTD

Notes to the Financial Statements

for the Period Ended 31 August 2024

4. Tangible assets

Office equipment Total
Cost £ £
Additions 26 26
Disposals ( 0 ) ( 0 )
Revaluations 0 0
Transfers 0 0
At 31 August 2024 26 26
Depreciation
Charge for year 0 0
On disposals ( 0 ) ( 0 )
Other adjustments 0 0
At 31 August 2024 0 0
Net book value
At 31 August 2024 26 26

The company purchased office equipment during the year with no depreciation applied.

BIKE MUSTSTASH LTD

Notes to the Financial Statements

for the Period Ended 31 August 2024

5.Creditors: amounts falling due within one year note


2024
£
Bank loans and overdrafts 0
Amounts due under finance leases and hire purchase contracts 0
Trade creditors 0
Taxation and social security 0
Accruals and deferred income 0
Other creditors 6,245
Total 6,245

The full amount is a director’s loan, repayable on demand. No interest charged.