for the Period Ended 30 December 2024
| Directors report | |
| Profit and loss | |
| Balance sheet | |
| Additional notes | |
| Balance sheet notes | |
| Community Interest Report |
Directors' report period ended
The directors present their report with the financial statements of the company for the period ended 30 December 2024
Directors
The directors shown below have held office during the whole of the period from
31 December 2023
to
30 December 2024
The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006
This report was approved by the board of directors on
And signed on behalf of the board by:
Name:
Status: Director
for the Period Ended
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£ |
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| Turnover: |
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| Cost of sales: |
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| Gross profit(or loss): |
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| Administrative expenses: |
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| Other operating income: |
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| Operating profit(or loss): |
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| Profit(or loss) before tax: |
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| Profit(or loss) for the financial year: |
( |
( |
As at
| Notes | 2024 | 2023 | |
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| Current assets | |||
| Cash at bank and in hand: |
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| Total current assets: |
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| Creditors: amounts falling due within one year: | 3 |
(
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(
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| Net current assets (liabilities): |
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| Total assets less current liabilities: |
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| Total net assets (liabilities): |
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| Members' funds | |||
| Profit and loss account: |
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| Total members' funds: |
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The notes form part of these financial statements
This report was approved by the board of directors on
and signed on behalf of the board by:
Name:
Status: Director
The notes form part of these financial statements
for the Period Ended 30 December 2024
Basis of measurement and preparation
for the Period Ended 30 December 2024
| 2024 | 2023 | |
|---|---|---|
| Average number of employees during the period |
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for the Period Ended 30 December 2024
| 2024 | 2023 | |
|---|---|---|
| £ | £ | |
| Accruals and deferred income |
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| Total |
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The company;s activities are as follows; To gain a supply of donated, unwanted and unused bicycles to repair and maintain to peak condition to then sell at discounted rates to the community. This will promote healthy lifestyles and reduce carbon emissions and waste to landfills. The company also offers a repair service to those who already have access to bicycles. The Company also hires numerous volunteers who we aim to train and build their confidence. These volunteers tend to be from disadvantaged and diverse backgrounds within the community.
Customers - Cyclists The Community - Volunteers All stakeholders feedback on our Facebook group - no negative responses have been received.
Directors remuneration was £13,217 for the year ended 31 December 2024 (£14,439 - 2023)
No transfer of assets other than for full consideration
This report was approved by the board of directors on
29 September 2025
And signed on behalf of the board by:
Name: Emma Mcnally
Status: Director