Caseware UK (AP4) 2024.0.164 2024.0.164 2024-08-312025-05-282024-08-312025-05-28falseNo description of principal activityThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.22023-09-01truefalse2false 12795547 2023-09-01 2024-08-31 12795547 2022-09-01 2023-08-31 12795547 2024-08-31 12795547 2023-08-31 12795547 c:Director1 2023-09-01 2024-08-31 12795547 c:Director2 2023-09-01 2024-08-31 12795547 d:CurrentFinancialInstruments 2024-08-31 12795547 d:CurrentFinancialInstruments d:WithinOneYear 2024-08-31 12795547 d:CurrentFinancialInstruments d:WithinOneYear 2023-08-31 12795547 d:ShareCapital 2024-08-31 12795547 d:ShareCapital 2023-08-31 12795547 d:RetainedEarningsAccumulatedLosses 2024-08-31 12795547 d:RetainedEarningsAccumulatedLosses 2023-08-31 12795547 c:OrdinaryShareClass1 2023-09-01 2024-08-31 12795547 c:OrdinaryShareClass1 2024-08-31 12795547 c:OrdinaryShareClass1 2023-08-31 12795547 c:FRS102 2023-09-01 2024-08-31 12795547 c:AuditExemptWithAccountantsReport 2023-09-01 2024-08-31 12795547 c:FullAccounts 2023-09-01 2024-08-31 12795547 c:PrivateLimitedCompanyLtd 2023-09-01 2024-08-31 12795547 6 2023-09-01 2024-08-31 12795547 e:PoundSterling 2023-09-01 2024-08-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 12795547









ROUTE 30 CYCLES LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 AUGUST 2024

 
ROUTE 30 CYCLES LIMITED
 
 
  
CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF ROUTE 30 CYCLES LIMITED
FOR THE YEAR ENDED 31 AUGUST 2024

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Route 30 Cycles Limited for the year ended 31 August 2024 which comprise the Balance Sheet and the related notes from the Company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW)we are subject to its ethical and other professional requirements which are detailed at https://www.icaew.com /regulation.

This report is made solely to the Board of Directors of Route 30 Cycles Limited, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the financial statements of Route 30 Cycles Limited and state those matters that we have agreed to state to the Board of Directors of Route 30 Cycles Limited, as a body, in this report in accordance with ICAEW Technical Release TECH07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Route 30 Cycles Limited and its Board of Directors, as a body, for our work or for this report. 

It is your duty to ensure that Route 30 Cycles Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Route 30 Cycles Limited. You consider that Route 30 Cycles Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or review of the financial statements of Route 30 Cycles Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

  



MA Partners LLP
 
Chartered Accountants
  
7 The Close
Norwich
Norfolk
NR1 4DJ
28 May 2025
Page 1

 
ROUTE 30 CYCLES LIMITED
REGISTERED NUMBER: 12795547

BALANCE SHEET
AS AT 31 AUGUST 2024

2024
2023
Note
£
£

Fixed assets
  

Investments
 4 
18,706
18,706

  
18,706
18,706

  

Creditors: amounts falling due within one year
 5 
(4,619)
(11,777)

Net current liabilities
  
 
 
(4,619)
 
 
(11,777)

Total assets less current liabilities
  
14,087
6,929

  

Net assets
  
14,087
6,929


Capital and reserves
  

Called up share capital 
 6 
5,000
5,000

Profit and loss account
  
9,087
1,929

  
14,087
6,929


The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The Company's financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

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

The Company has opted not to file the profit and loss account in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 28 May 2025.




................................................
James Barker
................................................
Abbie Purslow
Director
Director

The notes on pages 4 to 6 form part of these financial statements.
Page 2

 
ROUTE 30 CYCLES LIMITED
REGISTERED NUMBER: 12795547
    
BALANCE SHEET (CONTINUED)
AS AT 31 AUGUST 2024


Page 3

 
ROUTE 30 CYCLES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024

1.


General information

Route 30 Cycles Limited is a private Company, limited by shares, incorporated and domiciled in England and Wales. The registered office is 12 Church Street, Cromer, Norfolk, NR27 9ER.                                                                                                  The Company's principal activity is that of property rental.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgment in applying the Company's accounting policies.

The following principal accounting policies have been applied:

 
2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
2.3

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.


Page 4

 
ROUTE 30 CYCLES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024

2.Accounting policies (continued)

 
2.4

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

Investments in unlisted Company shares, whose market value can be reliably determined, are remeasured to market value at each balance sheet date. Gains and losses on remeasurement are recognised in the Profit and Loss Account for the period. Where market value cannot be reliably determined, such investments are stated at historic cost less impairment.

Investments in listed company shares are remeasured to market value at each balance sheet date. Gains and losses on remeasurement are recognised in profit or loss for the period.

 
2.5

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.


3.


Employees

The average monthly number of employees, including the directors, during the year was as follows:


        2024
        2023
            No.
            No.







Directors
2
2


4.


Fixed asset investments





Listed investments

£



Cost or valuation


At 1 September 2023
18,706



At 31 August 2024
18,706




Page 5

 
ROUTE 30 CYCLES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024

5.


Creditors: Amounts falling due within one year

2024
£

Corporation tax
1,679

Other creditors
1,770

Accruals and deferred income
1,170

4,619



6.


Share capital

2024
2023
£
£
Allotted, called up and fully paid



5,000 (2023 - 5,000) Ordinary shares of £1.00 each
5,000
5,000



7.


Related party transactions

At the year end the Company owed its directors £1,770 (2023: £10,125) in respect of an interest-free director's loan account. The loan is unsecured and is repayable on demand, and is shown within other creditors in note 5 to the financial statements.  

 
Page 6