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REGISTERED NUMBER: 05581858 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2025

for

Islabikes Ltd

Islabikes Ltd (Registered number: 05581858)

Contents of the Financial Statements

for the Year Ended 31 December 2025

Page |

Company Information | 1 |

Chartered Accountants' Report | 2 |

Balance Sheet | 3 |

Notes to the Financial Statements | 5 |

Islabikes Ltd

Company Information

for the Year Ended 31 December 2025

| DIRECTOR: | I Rowntree

| REGISTERED OFFICE: | Church Farm Studios

| Stanton Lacy

| Ludlow

| Shropshire

| SY8 2AE

| REGISTERED NUMBER: | 05581858 (England and Wales)

| ACCOUNTANTS: | Wilkes Tranter & Co Limited

| Brook House

| Moss Grove

| Kingswinford

| West Midlands

| DY6 9HS

Chartered Accountants' Report to the Director

on the Unaudited Financial Statements of

Islabikes Ltd

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Director's Report are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Islabikes Ltd for the year ended 31 December 2025 which comprise the Profit and Loss Account, Balance Sheet and the related notes 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 within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of Islabikes Ltd in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Islabikes Ltd and state those matters that we have agreed to state to the director of Islabikes Ltd in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Islabikes Ltd and its director for our work or for this report.

It is your duty to ensure that Islabikes Ltd 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 profit of Islabikes Ltd. You consider that Islabikes Ltd 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 Islabikes Ltd. 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.

Wilkes Tranter & Co Limited

Brook House

Moss Grove

Kingswinford

West Midlands

DY6 9HS

3 March 2026

Islabikes Ltd (Registered number: 05581858)

Balance Sheet

31 December 2025

| 2025 |  | 2024

| Notes | £ | £ |

FIXED ASSETS

Tangible assets | 4 | 956 |  | 611 |  |

Investments | 5 | 16 |  | 16 |  |

972 |  | 627 |  |

CURRENT ASSETS

Stocks | 91,006 |  | 82,685 |  |

Debtors | 6 | 2,598 |  | 15,141 |  |

Cash at bank and in hand | 179,744 |  | 187,415 |  |

273,348 |  | 285,241 |  |

CREDITORS

Amounts falling due within one year | 7 | (163,649 | ) | (179,446 | ) |

NET CURRENT ASSETS | 109,699 |  | 105,795 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 110,671 |  | 106,422 |  |

CAPITAL AND RESERVES

Called up share capital | 200 |  | 200 |  |

Retained earnings | 110,471 |  | 106,222 |  |

110,671 |  | 106,422 |  |

Islabikes Ltd (Registered number: 05581858)

Balance Sheet - continued

31 December 2025

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the director and authorised for issue on 3 March 2026 and were signed by:

I Rowntree - Director

Islabikes Ltd (Registered number: 05581858)

Notes to the Financial Statements

for the Year Ended 31 December 2025

1. | STATUTORY INFORMATION

| Islabikes Ltd 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.

| Preparation of consolidated financial statements

| The financial statements contain information about Islabikes Ltd as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

| Turnover

| Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

| Tangible fixed assets

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

| Fixtures, fittings & equipment | - | Straight line over 2 years, straight line over 3 years and Straight line over 5 years

| Investments in subsidiaries

| Investments in subsidiary undertakings are recognised at cost.

| Stocks

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

| 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.

| 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 1 (2024 - 1 ) .

Islabikes Ltd (Registered number: 05581858)

Notes to the Financial Statements - continued

for the Year Ended 31 December 2025

4. | TANGIBLE FIXED ASSETS

| Fixtures,

| fittings

| & equipment

£ |

| COST

| At 1 January 2025 | 25,965 |  |

| Additions | 1,082 |  |

| At 31 December 2025 | 27,047 |  |

| DEPRECIATION

| At 1 January 2025 | 25,354 |  |

| Charge for year | 737 |  |

| At 31 December 2025 | 26,091 |  |

| NET BOOK VALUE

| At 31 December 2025 | 956 |  |

| At 31 December 2024 | 611 |  |

5. | FIXED ASSET INVESTMENTS

| Shares in

| group

| undertakings

£ |

| COST

| At 1 January 2025

| and 31 December 2025 | 16 |  |

| NET BOOK VALUE

| At 31 December 2025 | 16 |  |

| At 31 December 2024 | 16 |  |

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

2025 | 2024 |

£ | £ |

| Trade debtors | - |  | 13,200 |  |

| Other debtors | 2,598 |  | 1,941 |  |

2,598 |  | 15,141 |  |

Islabikes Ltd (Registered number: 05581858)

Notes to the Financial Statements - continued

for the Year Ended 31 December 2025

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

2025 | 2024 |

£ | £ |

| Trade creditors | 1,497 |  | 1,494 |  |

| Amounts owed to group undertakings | 25,000 |  | - |  |

| Taxation and social security | 2,341 |  | 2,172 |  |

| Other creditors | 134,811 |  | 175,780 |  |

163,649 |  | 179,446 |  |

8. | ULTIMATE CONTROLLING PARTY

| The company is a 100% wholly owned subsidiary of Sruth Limited which is registered at Church Farm Studios, Stanton Lacy, Ludlow, England, SY8 2AE.