Company registration number 07808422 (England and Wales)
Hard Riders Limited
Unaudited Financial Statements
For the period ended 31 March 2025
Hard Riders Limited
Company information
Director
Mr S A Hawkes
Company number
07808422
Registered office
5-7 Jesus Lane
Jesus Lane
Cambridge
United Kingdom
CB5 8BA
Accountants
DJH Halesowen Limited
Church Court
Stourbridge Road
Halesowen
West Midlands
B63 3TT
Hard Riders Limited
Contents
Page
Statement of financial position
1
Notes to the financial statements
2 - 4
Hard Riders Limited
Statement of financial position
As at 31 March 2025
31 March 2025
- 1 -
31 March 2025
31 October 2023
Notes
£
£
£
£
Current assets
Stocks
60,402
24,906
Debtors
3
-
0
54,852
Cash at bank and in hand
9,784
9,258
70,186
89,016
Creditors: amounts falling due within one year
4
(62,710)
(67,944)
Net current assets
7,476
21,072
Creditors: amounts falling due after more than one year
5
(3,334)
(17,500)
Net assets
4,142
3,572
Capital and reserves
Called up share capital
1,000
1,000
Profit and loss reserves
3,142
2,572
Total equity
4,142
3,572

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

T he members have not required the company to obtain an audit of its financial statements for the period in question in accordance with section 476.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 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.

The director of the company has elected not to include a copy of the income statement within the financial statements.true

The financial statements were approved by the board of directors and authorised for issue on 30 January 2026 and are signed on its behalf by:
Mr S A Hawkes
Director
Company registration number 07808422 (England and Wales)
Hard Riders Limited
Notes to the financial statements
For the period ended 31 March 2025
- 2 -
1
Accounting policies
Company information

Hard Riders Limited is a private company limited by shares incorporated in England and Wales. The registered office is 5-7 Jesus Lane, Jesus Lane, Cambridge, United Kingdom, CB5 8BA.

1.1
Basis of preparation

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary a mounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.2
Revenue

Revenue comprises sales of goods or services provided to customers net of value added tax and other sales taxes, less an appropriate deduction for actual and expected returns and discounts. Revenue is recognised when performance obligations are satisfied and the control of goods or services is transferred to the buyer. Where the performance obligation is satisfied over time, revenue is recognised in accordance with its progress towards complete satisfaction of that performance obligation.

When cash inflows are deferred and represent a financing arrangement, the promised consideration is adjusted for the effects of the time value of money, which is recognised as interest income.

The nature, timing of satisfaction of performance obligations and significant payment terms of the company's major sources of revenue are as follows:

1.3
Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the stocks to their present location and condition.

Stocks held for distribution at no or nominal consideration are measured at the lower of cost and replacement cost, adjusted where applicable for any loss of service potential.

At each reporting date, an assessment is made for impairment. Any excess of the carrying amount of stocks over its estimated selling price less costs to complete and sell is recognised as an impairment loss in profit or loss. Reversals of impairment losses are also recognised in profit or loss.

1.4
Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

1.5
Taxation

The tax expense represents the sum of the tax currently payable and deferred tax.

Hard Riders Limited
Notes to the financial statements (continued)
For the period ended 31 March 2025
1
Accounting policies
(Continued)
- 3 -
Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the income statement because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

Deferred tax

Deferred tax liabilities are generally recognised for all timing differences and 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. Such assets and liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit.

The carrying amount of deferred tax assets is reviewed at each reporting end date and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered. Deferred tax is calculated at the tax rates that are expected to apply in the period when the liability is settled or the asset is realised. Deferred tax is charged or credited in the income statement, except when it relates to items charged or credited directly to equity, in which case the deferred tax is also dealt with in equity. Deferred tax assets and liabilities are offset when the company has a legally enforceable right to offset current tax assets and liabilities and the deferred tax assets and liabilities relate to taxes levied by the same tax authority.

2
Employees

The average monthly number of persons (including directors) employed by the company during the period was:

2025
2023
Number
Number
Total
2
2
3
Debtors
2025
2023
Amounts falling due within one year:
£
£
Corporation tax recoverable
-
0
4,852
Other debtors
-
0
50,000
-
0
54,852
Hard Riders Limited
Notes to the financial statements (continued)
For the period ended 31 March 2025
- 4 -
4
Creditors: amounts falling due within one year
2025
2023
£
£
Bank loans
10,000
10,000
Corporation tax
1,113
-
0
Other taxation and social security
(2)
(2)
Other creditors
51,599
57,946
62,710
67,944
5
Creditors: amounts falling due after more than one year
2025
2023
£
£
Bank loans and overdrafts
3,334
17,500
6
Related party transactions

At the period end there is a balance due to the directors of £45,000 (2023: £235).

2025-03-31 2023-11-01 false false false 30 January 2026 CCH Software CCH Accounts Production 2025.300 No description of principal activity Mr S A Hawkes Mr Andrew Hawkes (Deceased)07808422 2023-11-01 2025-03-31 07808422 bus:Director1 2023-11-01 2025-03-31 07808422 bus:Director2 2023-11-01 2025-03-31 07808422 bus:RegisteredOffice 2023-11-01 2025-03-31 07808422 2025-03-31 07808422 2023-10-31 07808422 core:CurrentFinancialInstruments core:WithinOneYear 2025-03-31 07808422 core:CurrentFinancialInstruments core:WithinOneYear 2023-10-31 07808422 core:CurrentFinancialInstruments 2025-03-31 07808422 core:CurrentFinancialInstruments 2023-10-31 07808422 core:Non-currentFinancialInstruments 2025-03-31 07808422 core:Non-currentFinancialInstruments 2023-10-31 07808422 core:ShareCapital 2025-03-31 07808422 core:ShareCapital 2023-10-31 07808422 core:RetainedEarningsAccumulatedLosses 2025-03-31 07808422 core:RetainedEarningsAccumulatedLosses 2023-10-31 07808422 2022-11-01 2023-10-31 07808422 bus:PrivateLimitedCompanyLtd 2023-11-01 2025-03-31 07808422 bus:SmallCompaniesRegimeForAccounts 2023-11-01 2025-03-31 07808422 bus:FRS102 2023-11-01 2025-03-31 07808422 bus:AuditExemptWithAccountantsReport 2023-11-01 2025-03-31 07808422 bus:FullAccounts 2023-11-01 2025-03-31 xbrli:pure xbrli:shares iso4217:GBP