1 December 2023 false No description of principal activity Taxfiler 2024.6 SC679775business:PrivateLimitedCompanyLtd2023-12-012024-11-30 SC6797752023-11-30 SC6797752023-12-012024-11-30 SC679775business:AuditExemptWithAccountantsReport2023-12-012024-11-30 SC679775business:FilletedAccounts2023-12-012024-11-30 SC6797752024-11-30 SC679775business:Director12023-12-012024-11-30 SC679775business:RegisteredOffice2023-12-012024-11-30 SC6797752023-11-30 SC679775core:WithinOneYear2024-11-30 SC679775core:WithinOneYear2023-11-30 SC679775core:ShareCapitalcore:PreviouslyStatedAmount2024-11-30 SC679775core:ShareCapitalcore:PreviouslyStatedAmount2023-11-30 SC679775core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-11-30 SC679775core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-11-30 SC679775core:PreviouslyStatedAmount2024-11-30 SC679775core:PreviouslyStatedAmount2023-11-30 SC679775business:SmallEntities2023-12-012024-11-30 SC679775countries:Scotland2023-12-012024-11-30 SC679775core:ComputerEquipment2023-12-012024-11-30 SC679775core:ComputerEquipment2023-11-30 SC679775core:ComputerEquipment2024-11-30 SC6797752022-12-012023-11-30 iso4217:GBP xbrli:pure
Company Registration No. SC679775 (Scotland)
Cycle Design Limited Unaudited accounts for the year ended 30 November 2024
Cycle Design Limited Unaudited accounts Contents
Page
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Cycle Design Limited Company Information for the year ended 30 November 2024
Director
Yasmin Serrano Price
Company Number
SC679775 (Scotland)
Registered Office
5 South Charlotte Street Edinburgh Lothian EH2 4AN Scotland
Accountants
Green Shoots Accountancy Services Ltd Kilspindie House 38 Market Street Haddington East Lothian EH41 3JE
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Cycle Design Limited Statement of financial position as at 30 November 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
878 
1,239 
Current assets
Debtors
4,975 
- 
Cash at bank and in hand
1,190 
985 
6,165 
985 
Creditors: amounts falling due within one year
(6,885)
(924)
Net current (liabilities)/assets
(720)
61 
Net assets
158 
1,300 
Capital and reserves
Called up share capital
20 
20 
Profit and loss account
138 
1,280 
Shareholders' funds
158 
1,300 
For the year ending 30 November 2024 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 her 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 31 August 2025 and were signed on its behalf by
Yasmin Serrano Price Director Company Registration No. SC679775
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Cycle Design Limited Notes to the Accounts for the year ended 30 November 2024
1
Statutory information
Cycle Design Limited is a private company, limited by shares, registered in Scotland, registration number SC679775. The registered office is 5 South Charlotte Street, Edinburgh, Lothian, EH2 4AN, Scotland.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
5 years on a straight line basis
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 December 2023
1,549 
At 30 November 2024
1,549 
Depreciation
At 1 December 2023
310 
Charge for the year
361 
At 30 November 2024
671 
Net book value
At 30 November 2024
878 
At 30 November 2023
1,239 
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Cycle Design Limited Notes to the Accounts for the year ended 30 November 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
4,625 
- 
Other debtors
350 
- 
4,975 
- 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Taxes and social security
4,391 
2,574 
Other creditors
376 
156 
Loans from directors
2,118 
(1,806)
6,885 
924 
7
Average number of employees
During the year the average number of employees was 1 (2023: 1).
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