IRIS Accounts Production v25.4.0.155 07239485 director 1.5.24 30.4.25 30.4.25 false true false false true false iso4217:GBP iso4217:USD iso4217:EUR xbrli:shares xbrli:pure utr:tonnes utr:kWh 07239485 2024-04-30 07239485 2025-04-30 07239485 2024-05-01 2025-04-30 07239485 2023-04-30 07239485 2023-05-01 2024-04-30 07239485 2024-04-30 07239485 ns15:EnglandWales 2024-05-01 2025-04-30 07239485 ns14:PoundSterling 2024-05-01 2025-04-30 07239485 ns10:Director1 2024-05-01 2025-04-30 07239485 ns10:PrivateLimitedCompanyLtd 2024-05-01 2025-04-30 07239485 ns10:SmallEntities 2024-05-01 2025-04-30 07239485 ns10:AuditExempt-NoAccountantsReport 2024-05-01 2025-04-30 07239485 ns10:SmallCompaniesRegimeForDirectorsReport 2024-05-01 2025-04-30 07239485 ns10:SmallCompaniesRegimeForAccounts 2024-05-01 2025-04-30 07239485 ns10:FullAccounts 2024-05-01 2025-04-30 07239485 ns10:RegisteredOffice 2024-05-01 2025-04-30 07239485 ns5:CurrentFinancialInstruments 2025-04-30 07239485 ns5:CurrentFinancialInstruments 2024-04-30 07239485 ns5:Non-currentFinancialInstruments 2025-04-30 07239485 ns5:Non-currentFinancialInstruments 2024-04-30 07239485 ns5:ShareCapital 2025-04-30 07239485 ns5:ShareCapital 2024-04-30 07239485 ns5:RetainedEarningsAccumulatedLosses 2025-04-30 07239485 ns5:RetainedEarningsAccumulatedLosses 2024-04-30 07239485 ns5:PlantMachinery 2024-05-01 2025-04-30 07239485 ns5:PlantMachinery 2024-04-30 07239485 ns5:PlantMachinery 2025-04-30 07239485 ns5:PlantMachinery 2024-04-30 07239485 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2025-04-30 07239485 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2024-04-30 07239485 1 ns10:Director1 2024-04-30 07239485 1 ns10:Director1 2023-04-30 07239485 1 ns10:Director1 2024-05-01 2025-04-30 07239485 1 ns10:Director1 2023-05-01 2024-04-30 07239485 1 ns10:Director1 2025-04-30 07239485 1 ns10:Director1 2024-04-30

REGISTERED NUMBER: 07239485 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2025

FOR

STEVELIN MOTORCYCLES LIMITED

STEVELIN MOTORCYCLES LIMITED (REGISTERED NUMBER: 07239485) |

CONTENTS OF THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2025

Page |

| Company Information | 1 |

| Balance Sheet | 2 |

| Notes to the Financial Statements | 4 |

| STEVELIN MOTORCYCLES LIMITED |

COMPANY INFORMATION

FOR THE YEAR ENDED 30 APRIL 2025

| DIRECTOR: | S C Powell

| REGISTERED OFFICE: | Unit 4 High Lode Industrial Estate

| Stocking Fen Road

| Ramsey

| Cambridgeshire

| PE26 2RB

| REGISTERED NUMBER: | 07239485 (England and Wales)

| ACCOUNTANTS: | TC CH Limited

| 4 Office Village

| Forder Way

| Cygnet Park, Hampton

| Peterborough

| Cambridgeshire

| PE7 8GX

STEVELIN MOTORCYCLES LIMITED (REGISTERED NUMBER: 07239485) |

BALANCE SHEET

30 APRIL 2025

| 2025 | 2024 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Tangible assets | 4 | 703 |  | 917 |  |

CURRENT ASSETS

Stocks | 43,000 |  | 75,000 |  |

Debtors | 5 | 17,124 |  | 25,468 |  |

Cash at bank and in hand | 73,014 |  | 50,517 |  |

133,138 |  | 150,985 |  |

CREDITORS

Amounts falling due within one year | 6 | 51,839 |  | 45,421 |  |

NET CURRENT ASSETS | 81,299 |  | 105,564 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 82,002 |  | 106,481 |  |

CREDITORS

Amounts falling due after more than one year | 7 | (1,769 | ) | (12,229 | ) |

PROVISIONS FOR LIABILITIES | (176 | ) | (229 | ) |

NET ASSETS | 80,057 |  | 94,023 |  |

CAPITAL AND RESERVES

Called up share capital | 100 |  | 100 |  |

Retained earnings | 79,957 |  | 93,923 |  |

SHAREHOLDERS' FUNDS | 80,057 |  | 94,023 |  |

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a) | ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b) | preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

STEVELIN MOTORCYCLES LIMITED (REGISTERED NUMBER: 07239485) |

BALANCE SHEET - continued

30 APRIL 2025

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 20 November 2025 and were signed by:

S C Powell - Director

STEVELIN MOTORCYCLES LIMITED (REGISTERED NUMBER: 07239485) |

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2025

1. | STATUTORY INFORMATION

| Stevelin Motorcycles Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. | ACCOUNTING POLICIES

| Basis of preparing the financial statements

| 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 have also been consistently applied within the same accounts.

| Compliance with accounting standards

| These financial statements have been prepared in accordance with the provisions of Section 1A "Smaller Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

| There were no material departures from that standard.

| Significant judgements and estimates

| The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

| No significant judgements (apart from those involving estimations) have been made by management in the process of applying the entity's accounting policies and preparing these financial statements.

| Accounting estimates and assumptions are made concerning the future and, by their nature, will rarely equal the related actual outcome. There have been no key assumptions or there sources of estimation uncertainty that have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next financial year.

| Turnover

| Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

| Tangible fixed assets

| Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.

| Plant and machinery etc | - | 33% on cost, 25% on reducing balance and 25% on cost

| At each balance sheet date assets not carried at fair value are assessed to determine whether there is an indication that the asset may be impaired. If there is such an indication the recoverable amount of the asset is compared to the carrying amount of the asset.

| Stocks

| Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

STEVELIN MOTORCYCLES LIMITED (REGISTERED NUMBER: 07239485) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 30 APRIL 2025

2. | ACCOUNTING POLICIES - continued

| Financial instruments

| The company holds basic financial instruments as defined in FRS102. The financial assets and financial liabilities of the company and their measurement basis are as follows:

| Financial assets - trade and other debtors are basic financial instruments and are debt instruments measured at amortised cost. Prepayments are not financial instruments. Cash at bank is classified as a basic financial instrument and is measured at amortised cost.

| Financial liabilities - trade creditors, accruals and other creditors and basic financial instruments and are measured at amortised cost. Taxation and social security and not included in the financial instruments disclosure definition.

| Taxation

| Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

| Current or deferred taxation assets and liabilities are not discounted.

| Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

| Deferred tax

| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

| Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

| Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

| Hire purchase and leasing commitments

| Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

| Pension costs and other post-retirement benefits

| The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

| Debtors

| Short term debtors are initially measured at transaction price less attributable costs and then subsequently measured at amortised costs using EIR. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

| Creditors

| Short term trade creditors are initially measured at transaction price less attributable costs. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

STEVELIN MOTORCYCLES LIMITED (REGISTERED NUMBER: 07239485) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 30 APRIL 2025

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 3 (2024 - 3 ) .

4. | TANGIBLE FIXED ASSETS

| Plant and

| machinery

| etc

£ |

| COST

| At 1 May 2024 | 29,940 |  |

| Additions | 540 |  |

| At 30 April 2025 | 30,480 |  |

| DEPRECIATION

| At 1 May 2024 | 29,023 |  |

| Charge for year | 754 |  |

| At 30 April 2025 | 29,777 |  |

| NET BOOK VALUE

| At 30 April 2025 | 703 |  |

| At 30 April 2024 | 917 |  |

5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

£ | £ |

| Trade debtors | 15,282 |  | 5,646 |  |

| Other debtors | 1,842 |  | 19,822 |  |

17,124 |  | 25,468 |  |

6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

£ | £ |

| Bank loans and overdrafts | 10,468 |  | 10,205 |  |

| Trade creditors | 16,441 |  | 19,021 |  |

| Taxation and social security | 24,475 |  | 16,195 |  |

| Other creditors | 455 |  | - |  |

51,839 |  | 45,421 |  |

7. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |

2025 | 2024 |

£ | £ |

| Bank loans | 1,769 |  | 12,229 |  |

STEVELIN MOTORCYCLES LIMITED (REGISTERED NUMBER: 07239485) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 30 APRIL 2025

8. | DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

| The following advances and credits to a director subsisted during the years ended 30 April 2025 and 30 April 2024:

2025 | 2024 |

£ | £ |

| S C Powell

| Balance outstanding at start of year | 19,822 |  | (180 | ) |

| Amounts advanced | 69,101 |  | 42,082 |  |

| Amounts repaid | (89,128 | ) | (22,080 | ) |

| Amounts written off | - |  | - |  |

| Amounts waived | - |  | - |  |

| Balance outstanding at end of year | (205 | ) | 19,822 |  |

9. | RELATED PARTY DISCLOSURES

| During the year, total dividends of £61,192 (2024 - £9,100) were paid to the director .

10. | ULTIMATE CONTROLLING PARTY

| The controlling party is Mr S Powell by virtue of his ownership of the issued ordinary share capital.