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Registered number: 05934027
Rock And Road Bikes Limited
Financial Statements
For The Year Ended 31 January 2025
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 05934027
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 5 1,284 1,397
1,284 1,397
CURRENT ASSETS
Stocks 6 50,622 65,059
Debtors 7 18,205 21,158
Cash at bank and in hand 26,032 25,908
94,859 112,125
Creditors: Amounts Falling Due Within One Year 8 (16,281 ) (22,135 )
NET CURRENT ASSETS (LIABILITIES) 78,578 89,990
TOTAL ASSETS LESS CURRENT LIABILITIES 79,862 91,387
PROVISIONS FOR LIABILITIES
Deferred Taxation (245 ) (264 )
NET ASSETS 79,617 91,123
CAPITAL AND RESERVES
Called up share capital 9 1 1
Profit and Loss Account 79,616 91,122
SHAREHOLDERS' FUNDS 79,617 91,123
Page 1
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For the year ending 31 January 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr P Williams
Director
30/10/2025
The notes on pages 3 to 6 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Rock And Road Bikes Limited is a private company, limited by shares, incorporated in England & Wales, registered number 05934027 . The registered office is 117 Victoria Street, St. Albans, Hertfordshire, AL1 3TJ.

The presentation currency of the financial statements is the Pound Sterling (£).
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Intangible Fixed Assets and Amortisation - Goodwill
Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to the profit and loss account over its estimated economic life of 4 years.
2.4. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Plant & Machinery 25% reducing balance
Motor Vehicles 25% straight line
Fixtures & Fittings 25% reducing balance
2.5. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
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2.6. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other year and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and asset reflects the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2024: 1)
2 1
4. Intangible Assets
Goodwill
£
Cost
As at 1 February 2024 42,051
As at 31 January 2025 42,051
Amortisation
As at 1 February 2024 42,051
As at 31 January 2025 42,051
Net Book Value
As at 31 January 2025 -
As at 1 February 2024 -
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5. Tangible Assets
Plant & Machinery Motor Vehicles Fixtures & Fittings Total
£ £ £ £
Cost
As at 1 February 2024 13,807 16,552 18,301 48,660
Additions 315 - - 315
As at 31 January 2025 14,122 16,552 18,301 48,975
Depreciation
As at 1 February 2024 12,746 16,552 17,965 47,263
Provided during the period 344 - 84 428
As at 31 January 2025 13,090 16,552 18,049 47,691
Net Book Value
As at 31 January 2025 1,032 - 252 1,284
As at 1 February 2024 1,061 - 336 1,397
6. Stocks
2025 2024
£ £
Stock 50,622 65,059
7. Debtors
2025 2024
£ £
Due within one year
Trade debtors 13,322 17,303
Other debtors 4,883 3,855
18,205 21,158
8. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 11,030 16,776
Other creditors 4,123 1,811
Taxation and social security 1,128 3,548
16,281 22,135
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Page 6
9. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 1 1
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