Byke Parking Ltd

	Page
Balance Sheet	1
Notes to the Financial Statements	2—3

Registered number: 13225177

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Intangible Assets	4		1,500		3,000

			1,500		3,000
CURRENT ASSETS
Debtors	5	96		82
Cash at bank and in hand		296		1,242

		392		1,324
Creditors: Amounts Falling Due Within One Year	6	(1,158 )		(1,699 )

NET CURRENT ASSETS (LIABILITIES)			(766 )		(375 )

TOTAL ASSETS LESS CURRENT LIABILITIES			734		2,625

Creditors: Amounts Falling Due After More Than One Year	7		(51,696 )		(49,546 )

NET LIABILITIES			(50,962 )		(46,921 )

CAPITAL AND RESERVES
Called up share capital	8		10		10
Profit and Loss Account			(50,972 )		(46,931 )

SHAREHOLDERS' FUNDS			(50,962)		(46,921)

For the year ending 31 March 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 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 company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr Michael Horrigan

Director

02/09/2025

The notes on pages 2 to 3 form part of these financial statements.

1. General Information

Byke Parking Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 13225177 . The registered office is 41 Baltimore House, Battersea Reach, London, SW18 1TS.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Going Concern Disclosure

The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.

These financial statements have been prepared on a going concern basis, on the understanding that the Directors will continue to financially support the Company for the forseeable future.

2.3. Intangible Fixed Assets and Amortisation - Other Intangible

Other intangible assets relate to Software Development. It is amortised to profit and loss account over its estimated economic life of 5 years.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 2 (2024: 2)

4. Intangible Assets

	Other
	£
Cost
As at 1 April 2024	7,500

As at 31 March 2025	7,500

Amortisation
As at 1 April 2024	4,500
Provided during the period	1,500

As at 31 March 2025	6,000

Net Book Value
As at 31 March 2025	1,500

As at 1 April 2024	3,000

5. Debtors

	2025	2024
	£	£
Due within one year
VAT	96	82

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Byke Parking Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

6. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	1	-
Directors' loan accounts	1,157	1,699

	1,158	1,699

The Directors Loan owing to Mr M Horrigan of £1,157 (2024: £1,699) is unsecured, inteest free and repayable when cashflow permits.

7. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Intercompany Loan - Velocitii Digital Solutions Ltd	51,696	49,546

8. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	10	10

9. Related Party Transactions

During the period, Velocitii Digital Solutions Limted, of which Michael Horrigan is also a Director, advanced the Company £51,696 (2024: £49,546). The loan is interest free, unsecured and repayable as cashflow permits.

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