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REGISTERED NUMBER: 09697621 (England and Wales)

Financial Statements for the Year Ended 30 September 2025

for

Cycle Shops Limited

Cycle Shops Limited (Registered number: 09697621)

Contents of the Financial Statements

for the Year Ended 30 September 2025

Page |

Company Information | 1 |

Statement of Financial Position | 2 |

Notes to the Financial Statements | 4 |

Report of the Accountants | 7 |

Cycle Shops Limited

Company Information

for the Year Ended 30 September 2025

| DIRECTORS: | Mr Philip Wilkinson

| Mrs Alisha Wilkinson

| REGISTERED OFFICE: | 143 Eastfield Road

| Peterborough

| Cambridgeshire

| PE1 4AU

| REGISTERED NUMBER: | 09697621 (England and Wales)

| ACCOUNTANTS: | Accountancy Solutions

| 143 Eastfield Road

| Peterborough

| Cambridgeshire

| PE1 4AU

Cycle Shops Limited (Registered number: 09697621)

Statement of Financial Position

30 September 2025

| 30.9.25 | 30.9.24 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Intangible assets | 4 | 11,500 |  | 11,500 |  |

Property, plant and equipment | 5 | 14,708 |  | 1,037 |  |

26,208 |  | 12,537 |  |

CURRENT ASSETS

Inventories | 6 | 45,984 |  | 50,483 |  |

Debtors | 7 | (1,001 | ) | (1,940 | ) |

Cash at bank and in hand | 27,035 |  | 31,503 |  |

72,018 |  | 80,046 |  |

CREDITORS

Amounts falling due within one year | 8 | 96,458 |  | 83,153 |  |

NET CURRENT LIABILITIES | (24,440 | ) | (3,107 | ) |

TOTAL ASSETS LESS CURRENT LIABILITIES | 1,768 |  | 9,430 |  |

CREDITORS

Amounts falling due after more than one year | 9 | - |  | (7,480 | ) |

PROVISIONS FOR LIABILITIES | (802 | ) | (802 | ) |

NET ASSETS | 966 |  | 1,148 |  |

Cycle Shops Limited (Registered number: 09697621)

Statement of Financial Position - continued

30 September 2025

| 30.9.25 | 30.9.24 |

| Notes | £ | £ | £ | £ |

CAPITAL AND RESERVES

Called up share capital | 10 | 100 |  | 100 |  |

Retained earnings | 11 | 866 |  | 1,048 |  |

SHAREHOLDERS' FUNDS | 966 |  | 1,148 |  |

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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.

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 19 March 2026 and were signed on its behalf by:

Mr Philip Wilkinson - Director

Cycle Shops Limited (Registered number: 09697621)

Notes to the Financial Statements

for the Year Ended 30 September 2025

1. | STATUTORY INFORMATION

| Cycle Shops 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.

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

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

| Goodwill

| Goodwill, being the amount paid in connection with the acquisition of a business in 2015, is being amortised evenly over its estimated useful life of ten years.

| Tangible fixed assets

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

| Fixtures and fittings | - | 20% on reducing balance

| Motor vehicles | - | 20% on reducing balance

| Stocks

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

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 5 (2024 - 5 ) .

4. | INTANGIBLE FIXED ASSETS

| Goodwill

£ |

| COST

| At 1 October 2024

| and 30 September 2025 | 115,000 |  |

| AMORTISATION

| At 1 October 2024

| and 30 September 2025 | 103,500 |  |

| NET BOOK VALUE

| At 30 September 2025 | 11,500 |  |

| At 30 September 2024 | 11,500 |  |

Cycle Shops Limited (Registered number: 09697621)

Notes to the Financial Statements - continued

for the Year Ended 30 September 2025

5. | PROPERTY, PLANT AND EQUIPMENT

| Fixtures |

| and |  | Motor |

| fittings |  | vehicles |  | Totals

£ | £ | £ |

| COST

| At 1 October 2024 | 5,287 |  | 4,500 |  | 9,787 |  |

| Additions | - |  | 17,348 |  | 17,348 |  |

| At 30 September 2025 | 5,287 |  | 21,848 |  | 27,135 |  |

| DEPRECIATION

| At 1 October 2024 | 4,716 |  | 4,034 |  | 8,750 |  |

| Charge for year | 114 |  | 3,563 |  | 3,677 |  |

| At 30 September 2025 | 4,830 |  | 7,597 |  | 12,427 |  |

| NET BOOK VALUE

| At 30 September 2025 | 457 |  | 14,251 |  | 14,708 |  |

| At 30 September 2024 | 571 |  | 466 |  | 1,037 |  |

6. | INVENTORIES

| 30.9.25 |  | 30.9.24

£ | £ |

| Stocks | 45,984 |  | 50,483 |  |

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

| 30.9.25 |  | 30.9.24

£ | £ |

| Trade Debtors | (1,001 | ) | (1,940 | ) |

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

| 30.9.25 |  | 30.9.24

£ | £ |

| Other loans | 23,298 |  | 20,062 |  |

| Trade Creditors | 17,112 |  | 18,177 |  |

| Bounce Back Loans | 7,480 |  | - |  |

| Corporation Tax | 3,391 |  | 2,583 |  |

| Social security and other taxes | 564 |  | 356 |  |

| Pension | 264 |  | - |  |

| Value Added Tax | 5,531 |  | 5,127 |  |

| Directors' current accounts | 38,818 |  | 36,848 |  |

96,458 |  | 83,153 |  |

Cycle Shops Limited (Registered number: 09697621)

Notes to the Financial Statements - continued

for the Year Ended 30 September 2025

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

| 30.9.25 |  | 30.9.24

£ | £ |

| Other loans - 1-2 years | - |  | 7,480 |  |

10. | CALLED UP SHARE CAPITAL

| Allotted, issued and fully paid:

| Number: | Class: | Nominal | 30.9.25 |  | 30.9.24

| value: | £ | £ |

| 100 | Ordinary | 1 | 100 |  | 100 |  |

11. | RESERVES

| Retained

| earnings

£ |

| At 1 October 2024 | 1,048 |  |

| Profit for the year | 11,818 |  |

| Dividends | (12,000 | ) |

| At 30 September 2025 | 866 |  |

Cycle Shops Limited

Report of the Accountants to the Directors of

Cycle Shops Limited

The following reproduces the text of the report prepared for the directors 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 Statement of Financial Position. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

As described on the Statement of Financial Position you are responsible for the preparation of the financial statements for the year ended 30 September 2025 set out on page nil and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.

Accountancy Solutions

143 Eastfield Road

Peterborough

Cambridgeshire

PE1 4AU

Date: .............................................