Company registration number 15077941 (England and Wales)
Cadence Indoor Cycling Ltd
UNAUDITED FINANCIAL STATEMENTS
Financial Statements
for the year ended 31 August 2025
PAGES FOR FILING WITH REGISTRAR
Cadence Indoor Cycling Ltd
Contents
Page
Statement of financial position
1 - 2
Notes to the financial statements
3 - 4
Cadence Indoor Cycling Ltd
Statement of financial position
as at 31 August 2025
31 August 2025
- 1 -
2025
2024
Notes
£
£
£
£
Fixed assets
Tangible assets
3
19,956
20,205
Current assets
Debtors
-
0
1,709
Cash at bank and in hand
2,781
7,595
2,781
9,304
Creditors: amounts falling due within one year
(41,674)
(48,581)
Net current liabilities
(38,893)
(39,277)
Total assets less current liabilities
(18,937)
(19,072)
Provisions for liabilities
(4,989)
-
Net liabilities
(23,926)
(19,072)
Capital and reserves
Called up share capital
2
2
Profit and loss reserves
(23,928)
(19,074)
Total equity
(23,926)
(19,072)
Cadence Indoor Cycling Ltd
Statement of financial position (continued)
as at 31 August 2025
31 August 2025
- 2 -

For the financial year ended 31 August 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 year in question in accordance with section 476.

The directors acknowledge their 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.

In accordance with section 444 of the Companies Act 2006, all of the members of the company have consented to the preparation of abridged financial statements pursuant to paragraph 1A of Schedule 1 to the Small Companies and Groups (Accounts and Directors’ Report) Regulations (SI 2008/409)(b).

The directors of the company have 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 5 May 2026 and are signed on its behalf by:
C Hallas
Director
Company registration number 15077941 (England and Wales)
Cadence Indoor Cycling Ltd
Notes to the financial statements
for the year ended 31 August 2025
- 3 -
1
Accounting policies
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.

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.

Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Plant and equipment
15% Reducing Balance
Fixtures and fittings
25% Reducing Balance
Computers
25% Straight Line
Taxation

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

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.

Cadence Indoor Cycling Ltd
Notes to the financial statements (continued)
for the year ended 31 August 2025
- 4 -
2
Employees

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

2025
2024
Number
Number
Total
2
2
3
Tangible fixed assets
Plant and equipment
Fixtures and fittings
Computers
Total
£
£
£
£
Cost
At 1 September 2024
23,355
-
0
-
0
23,355
Additions
-
0
667
2,893
3,560
At 31 August 2025
23,355
667
2,893
26,915
Depreciation and impairment
At 1 September 2024
3,150
-
0
-
0
3,150
Depreciation charged in the year
3,503
45
261
3,809
At 31 August 2025
6,653
45
261
6,959
Carrying amount
At 31 August 2025
16,702
622
2,632
19,956
At 31 August 2024
20,205
-
0
-
0
20,205
4
Company information

Cadence Indoor Cycling Ltd is a private company limited by shares incorporated in England and Wales. The registered office is 21 Palace Road, London, Greater London, N8 8QL.

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