YORKSHIRE E-BIKES LTD


Director	WRIGHT, Andrew


Registered Address	37-39 Westgate
	Thirsk
	YO7 1QR


Place of Business	Boot & Shoe Cottage
	The Green
	Stillington
	York
	YO61 1JX


Registered Number	11809570 (England and Wales)

Balance Sheet as at
28 February 2025

	Notes	2025		2024
		£	£	£	£
Fixed assets
Tangible assets	3		8,418		10,522
			8,418		10,522
Current assets
Stocks	4	35,000		77,850
Debtors	5	2,574		3,551
Cash at bank and on hand		247		62,996
		37,821		144,397
Creditors amounts falling due within one year	6	(76,954)		(114,249)
Net current assets (liabilities)			(39,133)		30,148
Total assets less current liabilities			(30,715)		40,670
Creditors amounts falling due after one year	7		(7,637)		(27,651)
Provisions for liabilities	9		(1,376)		(1,727)
Net assets			(39,728)		11,292
Capital and reserves
Called up share capital			100		100
Profit and loss account			(39,828)		11,192
Shareholders' funds			(39,728)		11,292

The company was entitled to exemption from audit for this reporting period 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 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 in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Director on 24 November 2025, and are signed on its behalf by:

WRIGHT, Andrew
Director
Registered Company No. 11809570

YORKSHIRE E-BIKES LTD

Notes to the Financial Statements
for the year ended 28 February 2025

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.

	Functional and presentation currency
	The financial statements are presented in sterling and this is the functional currency of the company.

	Turnover policy
	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.

	Revenue from sale of goods
	Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.

Revenue from sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

Foreign currency translation

Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

	Deferred tax
	Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

Deferred tax

Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Tangible fixed assets and depreciation
	Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:


		Reducing balance (%)
	Vehicles	20
	Office Equipment	20

	Finance leases and hire purchase contracts
	Assets held under finance leases which are leases where substantially all the risks and rewards of ownership of the asset have passed to the company, and hire purchase contracts are capitalised in the balance sheet. They are depreciated over the shorter of their useful lives or the term of the lease.

	Stocks and work in progress
	Inventories are valued at the lower of cost and estimated selling price (less any associated costs to enable such sales to complete).

2.	Average number of employees


		2025		2024
	Average number of employees during the year	1		3

3.	Tangible fixed assets

	Vehicles	Office Equipment	Total
	£	£	£
Cost or valuation
At 01 March 24	25,053	686	25,739
At 28 February 25	25,053	686	25,739
Depreciation and impairment
At 01 March 24	14,791	426	15,217
Charge for year	2,052	52	2,104
At 28 February 25	16,843	478	17,321
Net book value
At 28 February 25	8,210	208	8,418
At 29 February 24	10,262	260	10,522

4.	Stocks

	2025	2024
	£	£
Finished goods	35,000	77,850
Total	35,000	77,850

5.	Debtors: amounts due within one year

	2025	2024
	£	£
Trade debtors / trade receivables	-	896
Other debtors	2,324	2,167
Prepayments and accrued income	250	488
Total	2,574	3,551


	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

6.	Creditors: amounts due within one year

	2025	2024
	£	£
Trade creditors / trade payables	7,065	17,581
Bank borrowings and overdrafts	10,648	10,648
Taxation and social security	445	1,164
Finance lease and HP contracts	-	3,718
Other creditors	56,587	79,229
Accrued liabilities and deferred income	2,209	1,909
Total	76,954	114,249


	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

7.	Creditors: amounts due after one year

	2025	2024
	£	£
Bank borrowings and overdrafts	7,637	17,904
Other creditors	-	9,747
Total	7,637	27,651


	Bank borrowings and overdrafts do not have any security over the assets of the company.

8.	Obligations under finance leases

		2025		2024
		£		£
	Finance lease and HP contracts	-		13,465

9.	Provisions for liabilities

	2025	2024
	£	£
Net deferred tax liability (asset)	1,376	1,727
Total	1,376	1,727