SEICLO DYFI CYCLE CIC

Company limited by guarantee

Company Registration Number:
15106971 (England and Wales)

Unaudited statutory accounts for the year ended 31 August 2024

Period of accounts

Start date: 31 August 2023

End date: 31 August 2024

SEICLO DYFI CYCLE CIC

Contents of the Financial Statements

for the Period Ended 31 August 2024

Balance sheet
Additional notes
Balance sheet notes
Community Interest Report

SEICLO DYFI CYCLE CIC

Balance sheet

As at 31 August 2024

Notes 2024


£
Current assets
Cash at bank and in hand: 962
Total current assets: 962
Creditors: amounts falling due within one year: 3 ( 389 )
Net current assets (liabilities): 573
Total assets less current liabilities: 573
Total net assets (liabilities): 573
Members' funds
Profit and loss account: 573
Total members' funds: 573

The notes form part of these financial statements

SEICLO DYFI CYCLE CIC

Balance sheet statements

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.

The directors have chosen not to file a copy of the company's profit and loss account.

This report was approved by the board of directors on 22 May 2025
and signed on behalf of the board by:

Name: Timothy Stuart James
Status: Director

The notes form part of these financial statements

SEICLO DYFI CYCLE CIC

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 comprises the invoiced value of goods and services supplied by the company plus grants received, net of Value Added Tax (where VAT registered) and trade discounts.

SEICLO DYFI CYCLE CIC

Notes to the Financial Statements

for the Period Ended 31 August 2024

  • 2. Employees

    2024
    Average number of employees during the period 0

SEICLO DYFI CYCLE CIC

Notes to the Financial Statements

for the Period Ended 31 August 2024

3. Creditors: amounts falling due within one year note

2024
£
Taxation and social security 134
Accruals and deferred income 255
Total 389

COMMUNITY INTEREST ANNUAL REPORT

SEICLO DYFI CYCLE CIC

Company Number: 15106971 (England and Wales)

Year Ending: 31 August 2024

Company activities and impact

Community-focused bicycle repairs + sales. Free to access workshops on bike repair. Free to access fix your own bike sessions. Tool library.

Consultation with stakeholders

The local community, users of our workshop, people who do work for us. Discussions at directors meetings, consultations with service users, feedback from web forms + emails. Resolve to continue + expand operations, apply for more funding to do more in breadth + depth.

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
22 May 2025

And signed on behalf of the board by:
Name: Timothy Stuart James
Status: Director