Dyfi Bike Park Limited 31/03/2025 iXBRL

Company registration number: 10605938

DYFI BIKE PARK LIMITED

UNAUDITED FILLETED FINANCIAL STATEMENTS

31 March 2025

DYFI BIKE PARK LIMITED

Contents

Directors and other information

Accountants report

Statement of financial position

Statement of changes in equity

Notes to the financial statements

DYFI BIKE PARK LIMITED

DIRECTORS AND OTHER INFORMATION


	Directors	Mr D P Brown
		Mr D S Atherton
		Mr G D Atherton
		Miss R A Atherton


	Company number	10605938


	Registered office	Cefn Ucha
		Llanrhaedr Ym Mochnant
		Oswestry
		Powys
		SY10 0DT


	Business address	Pantperthog
		Machynlleth
		Powys
		SY20 9AS


	Accountants	Heywoods
		Countrywide House
		Knights Way
		Shrewsbury
		Shropshire
		SY1 3AB

DYFI BIKE PARK LIMITED

CHARTERED ACCOUNTANTS REPORT TO THE BOARD OF DIRECTORS ON THE PREPARATION OF THE

UNAUDITED STATUTORY FINANCIAL STATEMENTS OF DYFI BIKE PARK LIMITED

YEAR ENDED 31ST MARCH 2025

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Dyfi Bike Park Limited for the year ended 31 March 2025 as set out on pages 5 to 10 from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at http://www.icaew.com /en/members/regulations-standards-and-guidance/.

This report is made solely to the board of directors of Dyfi Bike Park Limited, as a body, in accordance with the terms of our engagement letter dated 10 February 2017. Our work has been undertaken solely to prepare for your approval the financial statements of Dyfi Bike Park Limited and state those matters that we have agreed to state to the board of directors of Dyfi Bike Park Limited as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Dyfi Bike Park Limited and its board of directors as a body for our work or for this report.

It is your duty to ensure that Dyfi Bike Park Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Dyfi Bike Park Limited. You consider that Dyfi Bike Park Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Dyfi Bike Park Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Heywoods

Chartered Accountants

Countrywide House

Knights Way

Shrewsbury

Shropshire

SY1 3AB

23 December 2025

DYFI BIKE PARK LIMITED

STATEMENT OF FINANCIAL POSITION

31ST MARCH 2025

		2025		2024
	Note	£	£	£	£

Fixed assets
Tangible assets	5	116,687		111,452
		_______		_______
			116,687		111,452

Current assets
Stocks		35,092		28,797
Debtors	6	79,292		70,526
Cash at bank and in hand		38,020		53,085
		_______		_______
		152,404		152,408
Creditors: amounts falling due
within one year	7	( 689,224)		( 550,906)
		_______		_______
Net current liabilities			( 536,820)		( 398,498)
			_______		_______
Total assets less current liabilities			( 420,133)		( 287,046)

Creditors: amounts falling due
after more than one year	8		( 1,112)		( 7,663)

Provisions for liabilities			( 26,639)		( 26,639)

			_______		_______
Net liabilities			( 447,884)		( 321,348)
			_______		_______

Capital and reserves
Called up share capital			100		100
Profit and loss account			( 447,984)		( 321,448)
			_______		_______
Shareholders deficit			( 447,884)		( 321,348)
			_______		_______

For the year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.

These financial statements were approved by the board of directors and authorised for issue on 23 December 2025 , and are signed on behalf of the board by:

Mr D P Brown

Director

Company registration number: 10605938

DYFI BIKE PARK LIMITED

STATEMENT OF CHANGES IN EQUITY

YEAR ENDED 31ST MARCH 2025

	Called up share capital	Profit and loss account	Total
	£	£	£


At 1 April 2023	100	( 186,728)	( 186,628)

Loss for the year		( 134,720)	( 134,720)
	_______	_______	_______
Total comprehensive income for the year	-	( 134,720)	( 134,720)

	_______	_______	_______
At 31 March 2024 and 1 April 2024	100	(321,434)	(321,334)

Loss for the year		( 126,550)	( 126,550)
	_______	_______	_______
Total comprehensive income for the year	-	( 126,550)	( 126,550)

	_______	_______	_______
At 31 March 2025	100	( 447,984)	( 447,884)
	_______	_______	_______

DYFI BIKE PARK LIMITED

NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 31ST MARCH 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Cefn Ucha, Llanrhaedr Ym Mochnant, Oswestry, Powys, SY10 0DT.

2. Statement of compliance

These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Going concern

The company is insolvent and and is dependant upon the continued support of Atherton Group Holdings Limited. There is no reason to believe this will not be the case in the forseeable future.

Consolidation

The company has taken advantage of the exemption from preparing consolidated financial statements contained in Section 400 of the Companies Act 2006 on the basis that it is a subsidiary undertaking and its immediate parent undertaking is established under the law of any part of the United Kingdom.

Turnover

Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of discounts and of Value Added Tax.

Taxation

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in the statement of comprehensive income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. In this case, tax is recognised in other comprehensive income or directly in capital and reserves, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised 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 that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are initially recorded at cost, and is subsequently stated at cost less any accumulated depreciation and any accumulated impairment losses.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:


Long leasehold property	-	33.3 %	reducing balance
Plant and machinery	-	25 %	reducing balance
Fittings fixtures and equipment	-	15 %	reducing balance
Motor vehicles	-	25 %	reducing balance

Stocks

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stocks to their present location and condition.

Financial instruments

A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price.

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 56 (2024: 56 ).

5. Tangible assets

	Long leasehold property	Plant and machinery	Fixtures, fittings and equipment	Motor vehicles	Total
	£	£	£	£	£
Cost
At 1 April 2024	99,396	37,005	29,973	112,015	278,389
Additions	14,908	3,116	7,800	8,075	33,899
	_______	_______	_______	_______	_______
At 31 March 2025	114,304	40,121	37,773	120,090	312,288
	_______	_______	_______	_______	_______
Depreciation
At 1 April 2024	77,323	22,918	3,038	63,656	166,935
Charge for the year	9,147	4,301	1,340	13,878	28,666
	_______	_______	_______	_______	_______
At 31 March 2025	86,470	27,219	4,378	77,534	195,601
	_______	_______	_______	_______	_______
Carrying amount
At 31 March 2025	27,834	12,902	33,395	42,556	116,687
	_______	_______	_______	_______	_______
At 31 March 2024	22,073	14,087	26,935	48,359	111,454
	_______	_______	_______	_______	_______

6. Debtors

	2025	2024
	£	£
Trade debtors	43,830	9,444
Other debtors	35,462	61,082
	_______	_______
	79,292	70,526
	_______	_______

7. Creditors: amounts falling due within one year

	2025	2024
	£	£
Bank loans and overdrafts	14,549	12,236
Trade creditors	71,429	69,181
Social security and other taxes	201,882	192,551
Other creditors	401,364	276,938
	_______	_______
	689,224	550,906
	_______	_______

8. Creditors: amounts falling due after more than one year

	2025	2024
	£	£
Bank loans and overdrafts	1,112	7,663
	_______	_______