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Company Registration No. 12363573 (England and Wales)
Two Wheels Empire ltd Filleted accounts for the year ended 31 December 2024
Two Wheels Empire ltd Filleted accounts Contents
Page
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Two Wheels Empire ltd Company Information for the year ended 31 December 2024
Director
Matas Rinkevicius
Company Number
12363573 (England and Wales)
Registered Office
166 COLLEGE ROAD HARROW MIDDLESEX HA1 1BH UNITED KINGDOM
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Two Wheels Empire ltd Statement of financial position as at 31 December 2024
2024 
2023 
Notes
£ 
£ 
Current assets
Inventories
9,517 
6,935 
Debtors
48,415 
35,769 
Cash at bank and in hand
7,481 
620 
65,413 
43,324 
Creditors: amounts falling due within one year
(118,825)
(148,574)
Net current liabilities
(53,412)
(105,250)
Net liabilities
(53,412)
(105,250)
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
(53,512)
(105,350)
Shareholders' funds
(53,412)
(105,250)
For the 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. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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 16 September 2025 and were signed on its behalf by
Matas Rinkevicius Director Company Registration No. 12363573
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Two Wheels Empire ltd Notes to the Accounts for the year ended 31 December 2024
1
Statutory information
Two Wheels Empire ltd is a private company, limited by shares, registered in England and Wales, registration number 12363573. The registered office is 166 COLLEGE ROAD, HARROW, MIDDLESEX, HA1 1BH, UNITED KINGDOM.
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.
Foreign exchange
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
4
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
48,415 
26,584 
Other debtors
- 
9,185 
48,415 
35,769 
5
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
71,431 
39,487 
Trade creditors
40,242 
63,586 
Other creditors
- 
37,829 
Loans from directors
7,152 
7,672 
118,825 
148,574 
6
Average number of employees
During the year the average number of employees was 1 (2023: 1).
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