REGISTERED NUMBER: 08451071 (England and Wales)

MOTORBIKES 4 ALL LIMITED

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

W J Hiley

REGISTERED OFFICE:

TWS House

Spring Lane

Malvern

Worcestershire

WR14 1BU

REGISTERED NUMBER:

08451071 (England and Wales)

ACCOUNTANTS:

Sephton & Company LLP

Chartered Certified Accountants

Marston House

5 Elmdon Lane

Marston Green

Solihull

West Midlands

B37 7DL

FIXED ASSETS

Tangible assets

4

643,597

647,808

CURRENT ASSETS

Stocks

2,150,859

2,090,495

Debtors

5

14,297

28,940

Cash at bank and in hand

652,575

371,963

2,817,731

2,491,398

CREDITORS

Amounts falling due within one year

6

683,630

622,711

NET CURRENT ASSETS

2,134,101

1,868,687

TOTAL ASSETS LESS CURRENT LIABILITIES

2,777,698

2,516,495

CREDITORS

Amounts falling due after more than one year

7

(332,787

)

(360,035

)

PROVISIONS FOR LIABILITIES

(17,605

)

(17,462

)

NET ASSETS

2,427,306

2,138,998

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

2,427,206

2,138,898

SHAREHOLDERS' FUNDS

2,427,306

2,138,998

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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.

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 10 December 2025 and were signed by:

W J Hiley - Director

1.	STATUTORY INFORMATION

Motorbikes 4 All 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

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

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 is generated from the sale of goods and services during the accounting period.

Turnover is recognised when the significant risks and rewards of ownership have been transferred to the buyer, the amount of turnover can be reliably measured and it is probable that economic benefits associated with the transaction will flow to the entity.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Freehold property

-

not provided

Improvements to property

-

10% on reducing balance

Plant and machinery

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33% on cost

Stocks

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

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

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 22 (2024 - 21 ) .

4.	TANGIBLE FIXED ASSETS

Improvements

Freehold

to

Plant and

property

property

machinery

£

£

£

COST

At 1 April 2024

530,100

73,112

30,631

Additions

-

-

-

Disposals

-

-

-

At 31 March 2025

530,100

73,112

30,631

DEPRECIATION

At 1 April 2024

-

25,251

14,928

Charge for year

-

4,784

2,348

Eliminated on disposal

-

-

-

At 31 March 2025

-

30,035

17,276

NET BOOK VALUE

At 31 March 2025

530,100

43,077

13,355

At 31 March 2024

530,100

47,861

15,703

Motor

Computer

vehicles

equipment

Totals

£

£

£

COST

At 1 April 2024

118,146

4,255

756,244

Additions

23,390

-

23,390

Disposals

(2,500

)

-

(2,500

)

At 31 March 2025

139,036

4,255

777,134

DEPRECIATION

At 1 April 2024

64,435

3,822

108,436

Charge for year

18,918

144

26,194

Eliminated on disposal

(1,093

)

-

(1,093

)

At 31 March 2025

82,260

3,966

133,537

NET BOOK VALUE

At 31 March 2025

56,776

289

643,597

At 31 March 2024

53,711

433

647,808

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Motor

vehicles

£

COST

At 1 April 2024

56,246

Transfer to ownership

(18,550

)

At 31 March 2025

37,696

DEPRECIATION

At 1 April 2024

36,317

Charge for year

3,514

Transfer to ownership

(12,680

)

At 31 March 2025

27,151

NET BOOK VALUE

At 31 March 2025

10,545

At 31 March 2024

19,929

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/3/25

31/3/24

£

£

Trade debtors

-

28,940

Other debtors

14,297

-

14,297

28,940

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/3/25

31/3/24

£

£

Bank loans and overdrafts

9,637

28,372

Hire purchase contracts

6,780

11,926

Trade creditors

290,154

251,623

Taxation and social security

317,148

252,834

Other creditors

59,911

77,956

683,630

622,711

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31/3/25

31/3/24

£

£

Bank loans

330,835

298,799

Hire purchase contracts

1,952

12,212

Other creditors

-

49,024

332,787

360,035

8.	SECURED DEBTS

The following secured debts are included within creditors:

31/3/25

31/3/24

£

£

Bank loans

340,472

327,171

Hire purchase contracts

8,732

24,138

349,204

351,309

National Westminster Bank PLC hold a fixed charge over the freehold property dated 8 June 2018.

National Westminster Bank PLC hold a fixed and floating charge over all assets dated 10 May 2018.