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Company Registration No. 08484889 (England and Wales)
Bird Cycleworks Ltd Unaudited accounts for the year ended 30 September 2024
Bird Cycleworks Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
Bird Cycleworks Ltd Company Information for the year ended 30 September 2024
Director
Benjamin Pinnick
Company Number
08484889 (England and Wales)
Registered Office
Unit 8, Church Farm Business Estate Church Lane Eversley RG27 0PX
Accountants
Wellington Consulting Ltd Rural Enterprise Centre Vincent Carey Road Office 34 Hereford Herefordshire HR2 6FE
- 3 -
Bird Cycleworks Ltd Statement of financial position as at 30 September 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
3,961 
10,360 
Current assets
Inventories
392,501 
533,889 
Debtors
5
30,639 
48,155 
Cash at bank and in hand
4,180 
16,236 
427,320 
598,280 
Creditors: amounts falling due within one year
6
(138,824)
(173,791)
Net current assets
288,496 
424,489 
Total assets less current liabilities
292,457 
434,849 
Creditors: amounts falling due after more than one year
7
(260,222)
(261,661)
Net assets
32,235 
173,188 
Capital and reserves
Called up share capital
45,405 
45,405 
Profit and loss account
(13,170)
127,783 
Shareholders' funds
32,235 
173,188 
For the year ending 30 September 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 29 September 2025 and were signed on its behalf by
Benjamin Pinnick Director Company Registration No. 08484889
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Bird Cycleworks Ltd Notes to the Accounts for the year ended 30 September 2024
1
Statutory information
Bird Cycleworks Ltd is a private company, limited by shares, registered in England and Wales, registration number 08484889. The registered office is Unit 8, Church Farm Business Estate, Church Lane, Eversley, RG27 0PX.
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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
33% on cost
Motor vehicles
25% on cost
Fixtures & fittings
25% on cost
Computer equipment
25% on cost
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At cost 
At 1 October 2023
26,279 
15,000 
12,356 
17,985 
71,620 
Additions
- 
- 
- 
208 
208 
At 30 September 2024
26,279 
15,000 
12,356 
18,193 
71,828 
Depreciation
At 1 October 2023
23,022 
15,000 
11,166 
12,072 
61,260 
Charge for the year
1,627 
- 
463 
4,517 
6,607 
At 30 September 2024
24,649 
15,000 
11,629 
16,589 
67,867 
Net book value
At 30 September 2024
1,630 
- 
727 
1,604 
3,961 
At 30 September 2023
3,257 
- 
1,190 
5,913 
10,360 
- 5 -
Bird Cycleworks Ltd Notes to the Accounts for the year ended 30 September 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
23,001 
40,827 
Accrued income and prepayments
2,493 
2,183 
Other debtors
5,145 
5,145 
30,639 
48,155 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
31,777 
41,196 
VAT
55,661 
47,710 
Trade creditors
45,071 
78,367 
Taxes and social security
4,065 
5,166 
Other creditors
- 
552 
Accruals
2,250 
800 
138,824 
173,791 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
90,445 
114,359 
Loans from directors
169,777 
147,302 
260,222 
261,661 
HSBC have a fixed and floating charge over all assets registered at Companies House. There are no immediate expectations of the directors to have their loans repaid.
8
Average number of employees
During the year the average number of employees was 6 (2023: 6).
- 6 -