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Company Registration No. 04459512 (England and Wales)
BIRKENHEAD CYCLES LIMITED Unaudited accounts for the year ended 31 July 2025
BIRKENHEAD CYCLES LIMITED Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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BIRKENHEAD CYCLES LIMITED Company Information for the year ended 31 July 2025
Director
Dominic Julian Owen
Company Number
04459512 (England and Wales)
Registered Office
258 CONWAY STREET BIRKENHEAD MERSEYSIDE CH41 4AH
Accountants
KLAS ACCOUNTANTS LTD Eastham Hall 109, Eastham Village Road Eastham Wirral CH62 0AF
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BIRKENHEAD CYCLES LIMITED Statement of financial position as at 31 July 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
5,412
6,367
Current assets
Inventories
94,743
116,369
Debtors
5
3,353
9,353
Cash at bank and in hand
1,269
(26,676)
99,365
99,046
Creditors: amounts falling due within one year
6
(80,107)
(80,145)
Net current assets
19,258
18,901
Total assets less current liabilities
24,670
25,268
Creditors: amounts falling due after more than one year
7
(21,417)
(25,168)
Net assets
3,253
100
Capital and reserves
Called up share capital
100
100
Profit and loss account
3,153
-
Shareholders' funds
3,253
100
For the year ending 31 July 2025 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 director acknowledges his 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 and authorised for issue on 27 August 2025 and were signed on its behalf by
Dominic Julian Owen Director Company Registration No. 04459512
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BIRKENHEAD CYCLES LIMITED Notes to the Accounts for the year ended 31 July 2025
1
Statutory information
BIRKENHEAD CYCLES LIMITED is a private company, limited by shares, registered in England and Wales, registration number 04459512. The registered office is 258 CONWAY STREET, BIRKENHEAD, MERSEYSIDE, CH41 4AH.
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.
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
15% on reducing balance basis
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Government grants
Government grants in relation to tangible fixed assets are credited to profit and loss account over the useful lives of the related assets, whereas those in relation to expenditure are credited when the expenditure is charged to profit and loss.
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. 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.
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BIRKENHEAD CYCLES LIMITED Notes to the Accounts for the year ended 31 July 2025
4
Tangible fixed assets
Plant & machinery
£
Cost or valuation
At cost
At 1 August 2024
74,953
At 31 July 2025
74,953
Depreciation
At 1 August 2024
68,586
Charge for the year
955
At 31 July 2025
69,541
Net book value
At 31 July 2025
5,412
At 31 July 2024
6,367
5
Debtors
2025
2024
£
£
Amounts falling due within one year
Trade debtors
2,072
2,072
Deferred tax asset
1,281
1,281
Other debtors
-
6,000
3,353
9,353
6
Creditors: amounts falling due within one year
2025
2024
£
£
Trade creditors
62,791
62,303
Taxes and social security
16,076
16,642
Other creditors
490
450
Accruals
750
750
80,107
80,145
7
Creditors: amounts falling due after more than one year
2025
2024
£
£
Other creditors
21,417
25,168
8
Average number of employees
During the year the average number of employees was 6 (2024: 8).
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