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Registration number: 08676799

Geared Up Cycles Ltd

Unaudited Filleted Financial Statements

for the Year Ended 30 September 2024

image-name
 

Geared Up Cycles Ltd

Contents

Company Information

1

Directors' Report

2

Accountants' Report

3

Balance Sheet

4 to 5

Notes to the Unaudited Financial Statements

4

 

Geared Up Cycles Ltd

Company Information

Directors

Mr S R A Groombridge

Mrs Thea Irene Frances Groombridge

Registered office

93 Kings Road
Walton-On-Thames
Surrey
KT12 2RE

Accountants

SME Tax Ltd
Chartered Certified Accountants39 Leigh Road
Cobham
Surrey
KT11 2LF

 

Geared Up Cycles Ltd

Directors' Report for the Year Ended 30 September 2024

The directors present their report and the financial statements for the year ended 30 September 2024.

This report has been prepared in accordance with the micro-entity provisions of the Companies Act 2006 and in accordance with FRS 105 The Financial Reporting Standard applicable to the Micro-entities Regime.

Directors of the company

The directors who held office during the year were as follows:

Mr S R A Groombridge

Mrs Thea Irene Frances Groombridge

Small companies provision statement

This report has been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

Approved and authorised by the Board on 25 June 2025 and signed on its behalf by:
 

.........................................
Mr S R A Groombridge
Director

 

Chartered Certified Accountants' Report to the Board of Directors on the Preparation of the Unaudited Statutory Accounts of
Geared Up Cycles Ltd
for the Year Ended 30 September 2024

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Geared Up Cycles Ltd for the year ended 30 September 2024 as set out on pages 4 to 5 from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at https://www.accaglobal.com/gb/en/member/standards/rules-and-standards/rulebook.html.

This report is made solely to the Board of Directors of Geared Up Cycles Ltd, as a body, in accordance with the terms of our engagement letter dated 17 May 2021. Our work has been undertaken solely to prepare for your approval the accounts of Geared Up Cycles Ltd and state those matters that we have agreed to state to the Board of Directors of Geared Up Cycles Ltd, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/gb/en/technical-activities/technical-resources-search/2009/
october/factsheet-163-audit-exempt-companies.html. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Geared Up Cycles Ltd and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that Geared Up Cycles Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and loss of Geared Up Cycles Ltd. You consider that Geared Up Cycles Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the accounts of Geared Up Cycles Ltd. 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 accounts.

......................................

SME Tax Ltd
Chartered Certified Accountants
39 Leigh Road
Cobham
Surrey
KT11 2LF

25 June 2025

 

Geared Up Cycles Ltd

(Registration number: 08676799)
Balance Sheet as at 30 September 2024

2024
£

2023
£

Fixed assets

2,768

3,301

Current assets

68,421

70,026

Creditors: Amounts falling due within one year

(43,400)

(52,228)

Net current assets

25,021

17,798

Total assets less current liabilities

27,789

21,099

Creditors: Amounts falling due after more than one year

(36,889)

(17,550)

Accruals and deferred income

(550)

(550)

 

(9,650)

2,999

Capital and reserves

(9,650)

2,999

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
93 Kings Road
Walton-On-Thames
Surrey
KT12 2RE

These financial statements were authorised for issue by the Board on 25 June 2025.

2

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 3 (2023 - 3).

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

 

Geared Up Cycles Ltd

(Registration number: 08676799)
Balance Sheet as at 30 September 2024

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the micro entities regime and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 25 June 2025 and signed on its behalf by:
 

.........................................
Mr S R A Groombridge
Director

For the financial year ending 30 September 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.