Registration number: 04854592

Bristol Blackboy Cycles Limited

Contents

Company Information	1
Balance Sheet	2 to 3
Notes to the Unaudited Financial Statements	4 to 7

Bristol Blackboy Cycles Limited

Company Information

Directors

M J Chandler O J S Chandler

Registered office

180 Whiteladies Road Clifton Bristol BS8 2XU

Accountants

Burton Sweet Limited Chartered Accountants & Business Advisers Spencer House Morston Court Aiescome Way Weston-super-Mare North Somerset BS22 8NG

Bristol Blackboy Cycles Limited

(Registration number: 04854592)
Balance Sheet
31 December 2024

	Note	2024 £	2023 £
Fixed assets
Tangible assets	4	31	41
Current assets
Stocks		20,988	28,436
Debtors	5	1,478	1,295
Cash at bank and in hand		1,773	1,327
		24,239	31,058
Creditors: Amounts falling due within one year	6	(21,692)	(31,094)
Net current assets/(liabilities)		2,547	(36)
Net assets		2,578	5
Capital and reserves
Called up share capital		3	3
Retained earnings		2,575	2
Shareholders' funds		2,578	5

Bristol Blackboy Cycles Limited

(Registration number: 04854592)
Balance Sheet
31 December 2024

For the financial year ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

These financial statements have 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.

These financial statements have been 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.

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.

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

......................................... M J Chandler Director

......................................... O J S Chandler Director

Bristol Blackboy Cycles Limited

Notes to the Unaudited Financial Statements
Year Ended 31 December 2024

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:
180 Whiteladies Road
Clifton
Bristol
BS8 2XU
United Kingdom

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

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods in the ordinary course of the company’s activities. Turnover is shown net of value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Bristol Blackboy Cycles Limited

Notes to the Unaudited Financial Statements
Year Ended 31 December 2024

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

Bristol Blackboy Cycles Limited

Notes to the Unaudited Financial Statements
Year Ended 31 December 2024

3	Staff numbers

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

4	Tangible assets

	Plant and machinery £	Office equipment £	Total £
Cost or valuation
At 1 January 2024	129	557	686
Disposals	-	(557)	(557)
At 31 December 2024	129	-	129
Depreciation
At 1 January 2024	88	557	645
Charge for the year	10	-	10
Eliminated on disposal	-	(557)	(557)
At 31 December 2024	98	-	98
Carrying amount
At 31 December 2024	31	-	31
At 31 December 2023	41	-	41

5

Debtors

	2024 £	2023 £
Trade debtors	80	-
Other debtors	311	-
Prepayments	1,087	1,032
Accrued income	-	263
	1,478	1,295

Bristol Blackboy Cycles Limited

Notes to the Unaudited Financial Statements
Year Ended 31 December 2024

6

Creditors

Creditors: amounts falling due within one year

	Note	2024 £	2023 £
Due within one year
Loans and borrowings	7	4,647	-
Trade creditors		10,290	10,753
Taxation and social security		4,431	6,072
Accruals and deferred income		1,741	1,653
Other creditors		583	12,616
		21,692	31,094

7	Loans and borrowings

Current loans and borrowings

	2024 £	2023 £
Bank overdrafts	4,647	-