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REGISTERED NUMBER: 11815439 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

ADVENTURE BIKE SHOP LIMITED

ADVENTURE BIKE SHOP LIMITED (REGISTERED NUMBER: 11815439) |

CONTENTS OF THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

Page |

| Company Information | 1 |

| Balance Sheet | 2 |

| Notes to the Financial Statements | 4 |

| ADVENTURE BIKE SHOP LIMITED |

COMPANY INFORMATION

FOR THE YEAR ENDED 31 MARCH 2025

| DIRECTORS: | Mrs J A Batley

| C A Batley

| REGISTERED OFFICE: | Unit 19

| Inca Business Park

| Acton

| Sudbury

| Suffolk

| CO10 0BB

| REGISTERED NUMBER: | 11815439 (England and Wales)

| ACCOUNTANTS: | Seago and Stopps

| Chartered Certified Accountants

| 61 Station Road

| Sudbury

| Suffolk

| CO10 2SP

ADVENTURE BIKE SHOP LIMITED (REGISTERED NUMBER: 11815439) |

BALANCE SHEET

31 MARCH 2025

31.3.24 |  | 31.3.25 |

£ | £ |  | Notes | £ | £ |

| FIXED ASSETS

55,371 |  |  | Tangible assets | 4 | 44,242 |  |

| CURRENT ASSETS

380,684 |  |  | Stocks | 258,429 |  |

59,983 |  |  | Debtors | 5 | 40,666 |  |

16,403 |  |  | Cash at bank and in hand | 6,543 |  |

457,070 |  | 305,638 |  |

| CREDITORS

324,144 |  |  | Amounts falling due within one year | 6 | 278,604 |  |

132,926 |  |  | NET CURRENT ASSETS | 27,034 |  |

188,297 |  |  | TOTAL ASSETS LESS CURRENT LIABILITIES | 71,276 |  |

| CREDITORS

(9,225 | ) |  | Amounts falling due after more than one year | 7 | (1,617 | ) |

(8,778 | ) |  | PROVISIONS FOR LIABILITIES | (4,557 | ) |

170,294 |  |  | NET ASSETS | 65,102 |  |

| CAPITAL AND RESERVES

100 |  |  | Called up share capital | 100 |  |

170,194 |  |  | Retained earnings | 65,002 |  |

170,294 |  | 65,102 |  |

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 directors acknowledge their 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.

ADVENTURE BIKE SHOP LIMITED (REGISTERED NUMBER: 11815439) |

BALANCE SHEET - continued

31 MARCH 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 Board of Directors and authorised for issue on 3 March 2026 and were signed on its behalf by:

Mrs J A Batley - Director

ADVENTURE BIKE SHOP LIMITED (REGISTERED NUMBER: 11815439) |

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

1. | STATUTORY INFORMATION

| Adventure Bike Shop 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.

| The presentation currency of the financial statements is the Pound Sterling (£).

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 represents the value of work done and goods sold in the year, by reference to invoiced sales and movement between opening and closing trade debtor balances.

| Tangible fixed assets

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

| Plant and machinery - 25% reducing balance

| Motorcycles - 25% reducing balance

| Computer equipment - 25% reducing balance

| Stocks

| Stock is valued at the lower of cost or net realisable value.

| 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.

| 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.

ADVENTURE BIKE SHOP LIMITED (REGISTERED NUMBER: 11815439) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 MARCH 2025

2. | ACCOUNTING POLICIES - continued

| 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.

| Financial instruments

| The company enters into basic financial instrument transactions, as appropriate and as and when required, that result in the recognition of financial assets and liabilities within the financial statements such as trade and other accounts receivable and payable, bank loans and hire purchase and lease contracts.

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 7 (2024 - 8 ) .

4. | TANGIBLE FIXED ASSETS

| Improvements |

| to |  | Plant and |  | Motor |  | Computer

| Totals |  | property |  | machinery |  | vehicles |  | equipment

£ | £ | £ | £ | £ |

| COST

| At 1 April 2024 | 127,738 |  | 20,259 |  | 70,495 |  | 31,415 |  | 5,569 |  |

| Disposals | (13,866 | ) | - |  | - |  | (13,866 | ) | - |  |

| At 31 March 2025 | 113,872 |  | 20,259 |  | 70,495 |  | 17,549 |  | 5,569 |  |

| DEPRECIATION

| At 1 April 2024 | 72,367 |  | - |  | 53,455 |  | 15,119 |  | 3,793 |  |

| Charge for year | 7,995 |  | - |  | 4,259 |  | 3,291 |  | 445 |  |

| Eliminated on disposal | (10,732 | ) | - |  | - |  | (10,732 | ) | - |  |

| At 31 March 2025 | 69,630 |  | - |  | 57,714 |  | 7,678 |  | 4,238 |  |

| NET BOOK VALUE

| At 31 March 2025 | 44,242 |  | 20,259 |  | 12,781 |  | 9,871 |  | 1,331 |  |

| At 31 March 2024 | 55,371 |  | 20,259 |  | 17,040 |  | 16,296 |  | 1,776 |  |

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

| 31.3.25 |  | 31.3.24

£ | £ |

| Trade debtors | 22,894 |  | 162 |  |

| Amounts owed by associates | 10,935 |  | 58,720 |  |

| Other debtors | 6,837 |  | 1,101 |  |

40,666 |  | 59,983 |  |

ADVENTURE BIKE SHOP LIMITED (REGISTERED NUMBER: 11815439) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 MARCH 2025

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

| 31.3.25 |  | 31.3.24

£ | £ |

| Bank loans and overdrafts | 22,414 |  | 15,525 |  |

| Trade creditors | 83,208 |  | 134,611 |  |

| Taxation and social security | 34,138 |  | 62,064 |  |

| Other creditors | 138,844 |  | 111,944 |  |

278,604 |  | 324,144 |  |

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

| 31.3.25 |  | 31.3.24

£ | £ |

| Bank loans | 1,617 |  | 9,225 |  |