Company Registration No. 07595123 (England and Wales)
ALLIED CYCLES LIMITED
Unaudited accounts
for the year ended 30 April 2025
ALLIED CYCLES LIMITED
Unaudited accounts
Contents
ALLIED CYCLES LIMITED
Company Information
for the year ended 30 April 2025
Director
Mr Benjamin Byron Walsh
Company Number
07595123 (England and Wales)
Registered Office
890 GARRATT LANE
LONDON
SW17 0NB
ALLIED CYCLES LIMITED
Statement of financial position
as at 30 April 2025
Cash at bank and in hand
1,386
6,343
Creditors: amounts falling due within one year
(154,431)
(162,762)
Net current liabilities
(124,495)
(128,219)
Net liabilities
(124,495)
(128,219)
Called up share capital
1
1
Profit and loss account
(124,496)
(128,220)
Shareholders' funds
(124,495)
(128,219)
For the year ending 30 April 2025 the company was entitled to exemption from audit 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 director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 3 June 2025 and were signed on its behalf by
Mr Benjamin Byron Walsh
Director
Company Registration No. 07595123
ALLIED CYCLES LIMITED
Notes to the Accounts
for the year ended 30 April 2025
ALLIED CYCLES LIMITED is a private company, limited by shares, registered in England and Wales, registration number 07595123. The registered office is 890 GARRATT LANE, LONDON, SW17 0NB.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Stocks and work-in-progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.
4
Creditors: amounts falling due within one year
2025
2024
Trade creditors
2,610
2,610
Loans from directors
151,821
160,152
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1
1
6
Average number of employees
During the year the average number of employees was 1 (2024: 1).