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Company Registration No. 14473941 (England and Wales)
All Bike Solutions Ltd Unaudited accounts for the year ended 30 November 2024
All Bike Solutions Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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All Bike Solutions Ltd Company Information for the year ended 30 November 2024
Directors
Sivanandan APPUKUTTY Janardhanan XXX
Company Number
14473941 (England and Wales)
Registered Office
73 Katherine Road London E6 1EW England
Accountants
Tax Nest Accountants Ltd Office 18 241E, High Street North London E12 6SJ
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All Bike Solutions Ltd Statement of financial position as at 30 November 2024
2024
2023
Notes
£
£
Fixed assets
Tangible assets
4
24,197
25,212
Current assets
Debtors
5
3,319
3,150
Cash at bank and in hand
1,511
1,893
4,830
5,043
Creditors: amounts falling due within one year
6
(18,835)
(15,112)
Net current liabilities
(14,005)
(10,069)
Total assets less current liabilities
10,192
15,143
Creditors: amounts falling due after more than one year
7
(10,000)
(10,000)
Net assets
192
5,143
Capital and reserves
Called up share capital
1
1
Profit and loss account
191
5,142
Shareholders' funds
192
5,143
For the year ending 30 November 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 directors acknowledge their 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 of Directors and authorised for issue on 6 November 2025 and were signed on its behalf by
Janardhanan XXX Director Company Registration No. 14473941
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All Bike Solutions Ltd Notes to the Accounts for the year ended 30 November 2024
1
Statutory information
All Bike Solutions Ltd is a private company, limited by shares, registered in England and Wales, registration number 14473941. The registered office is 73 Katherine Road, London, E6 1EW, England.
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.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them.
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
20% RBM
Motor vehicles
10% Straight Line
Fixtures & fittings
20% RBM
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Total
£
£
£
£
Cost or valuation
At cost
At cost
At cost
At 1 December 2023
5,660
20,300
2,340
28,300
Additions
-
2,550
-
2,550
At 30 November 2024
5,660
22,850
2,340
30,850
Depreciation
At 1 December 2023
1,132
1,488
468
3,088
Charge for the year
906
2,285
374
3,565
At 30 November 2024
2,038
3,773
842
6,653
Net book value
At 30 November 2024
3,622
19,077
1,498
24,197
At 30 November 2023
4,528
18,812
1,872
25,212
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All Bike Solutions Ltd Notes to the Accounts for the year ended 30 November 2024
5
Debtors
2024
2023
£
£
Amounts falling due within one year
Trade debtors
3,319
3,150
6
Creditors: amounts falling due within one year
2024
2023
£
£
VAT
16,457
-
Loans from directors
1,743
13,912
Accruals
635
1,200
18,835
15,112
7
Creditors: amounts falling due after more than one year
2024
2023
£
£
Other creditors
10,000
10,000
8
Average number of employees
During the year the average number of employees was 2 (2023: 2).
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