Back-On-Track Mountain Bike Solutions Li - Accounts to registrar (filleted)

REGISTERED NUMBER: 06544130 (England and Wales)

BACK-ON-TRACK MOUNTAIN BIKE SOLUTIONS

LIMITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST MARCH 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

J Watkins

R M Breakwell

S R Revill-Darton

REGISTERED OFFICE:

22 Cathedral Road

Cardiff

CF11 9LJ

REGISTERED NUMBER:

06544130 (England and Wales)

ACCOUNTANTS:

Green & Co

Chartered Certified Accountants

Pembroke House

Llantarnam Park Way

Cwmbran

Torfaen

NP44 3AU

FIXED ASSETS

Intangible assets

4

-

Tangible assets

5

186,262

230,352

Investments

6

108,000

294,262

338,352

CURRENT ASSETS

Debtors

7

265,239

136,729

Cash at bank

283,933

296,074

549,172

432,803

CREDITORS

Amounts falling due within one year

8

235,521

130,906

NET CURRENT ASSETS

313,651

301,897

TOTAL ASSETS LESS CURRENT
LIABILITIES

607,913

640,249

PROVISIONS FOR LIABILITIES

45,668

56,632

NET ASSETS

562,245

583,617

CAPITAL AND RESERVES

Called up share capital

9

100

Retained earnings

562,145

583,517

SHAREHOLDERS' FUNDS

562,245

583,617

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 23rd September 2025 and were signed on its behalf by:

J Watkins - Director

1.	STATUTORY INFORMATION

Back-on-track Mountain Bike Solutions Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2008, was amortised evenly over its estimated useful life of five years. This was fully amortised in 2013.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

20% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 11 (2024 - 11 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1st April 2024

and 31st March 2025

65,000

AMORTISATION

At 1st April 2024

and 31st March 2025

65,000

NET BOOK VALUE

At 31st March 2025

-

At 31st March 2024

-

5.	TANGIBLE FIXED ASSETS

Plant and

Motor

Computer

machinery

vehicles

equipment

Totals

£

COST

At 1st April 2024

392,816

98,625

8,138

499,579

Additions

4,288

-

2,457

6,745

Disposals

(2,905

)

-

(2,905

)

At 31st March 2025

394,199

98,625

10,595

503,419

DEPRECIATION

At 1st April 2024

232,374

31,749

5,104

269,227

Charge for year

32,213

16,719

1,003

49,935

Eliminated on disposal

(2,005

)

-

(2,005

)

At 31st March 2025

262,582

48,468

6,107

317,157

NET BOOK VALUE

At 31st March 2025

131,617

50,157

4,488

186,262

At 31st March 2024

160,442

66,876

3,034

230,352

6.	FIXED ASSET INVESTMENTS

Other

investments

£

COST

At 1st April 2024

and 31st March 2025

108,000

NET BOOK VALUE

At 31st March 2025

108,000

At 31st March 2024

108,000

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Trade debtors

230,795

119,433

Social security and other tax

14,917

4,147

Prepayments

19,527

13,149

265,239

136,729

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Bank loans and overdrafts

-

996

Trade creditors

824

21,397

Company Credit Card

759

2,051

Corporation Tax

66,232

68,716

VAT

66,651

18,703

Other creditors

13,534

10,931

Directors' current accounts

3,049

2,425

Accruals and deferred income

84,472

5,687

235,521

130,906

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

95

Ordinary A

£1

95

5

Ordinary B

£1

5

100

10.	RELATED PARTY DISCLOSURES

The balance of the Loan Account for Mr R J Sorrell as at 31st March 2025 was £1,801 (2024 - £1,801).

The balance of the Director's Loan Account for Mr J Watkins as at 31st March 2025 was £624 (2024 - £312).

The balance of the Director's Loan Account for Mr R Breakwell as at 31st March 2025 was £624 (2024 - £324).

The balance of the Director's Loan Account for Mr S Revill-Darton as at 31st March 2025 was £Nil (2024 - £Nil).