REGISTERED NUMBER: 07288563 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025

FOR

WALTHAM CROSS MOTORCYCLES (2010) LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

A M Boulton

P J Colledge

REGISTERED OFFICE:

50-54 Crossbrook Street

Cheshunt

Waltham Cross

Hertfordshire

EN8 8JQ

REGISTERED NUMBER:

07288563 (England and Wales)

ACCOUNTANTS:

Solazzo & Co Ltd

Chartered Accountants

Woodlands,

27 Ferney Road

Cheshunt

Hertfordshire

EN7 6XQ

FIXED ASSETS

Tangible assets

4

11,128

14,837

CURRENT ASSETS

Stocks

274,434

285,349

Debtors

5

26,416

15,295

Cash at bank and in hand

361,140

361,673

661,990

662,317

CREDITORS

Amounts falling due within one year

6

251,266

263,288

NET CURRENT ASSETS

410,724

399,029

TOTAL ASSETS LESS CURRENT LIABILITIES

421,852

413,866

CREDITORS

Amounts falling due after more than one year

7

(20,834

)

(26,389

)

PROVISIONS FOR LIABILITIES

(2,572

)

(3,453

)

NET ASSETS

398,446

384,024

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

398,346

383,924

SHAREHOLDERS' FUNDS

398,446

384,024

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 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 15 May 2026 and were signed on its behalf by:

A M Boulton - Director

P J Colledge - Director

1.	STATUTORY INFORMATION

Waltham Cross Motorcycles (2010) 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.

TURNOVER

Turnover represents the invoiced value of goods and services supplied in the year excluding VAT.

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% on reducing balance

Fixtures and fittings

-

25% on cost

Motor vehicles

-

25% on reducing balance

Office equipment

-

25% on cost

STOCKS

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

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.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

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.

FINANCIAL INSTRUMENTS AND CASH AND CASH EQUIVALENTS

Financial assets and financial liabilities are recognised in the balance sheet when the company becomes a party to the contractual provisions of the instrument.

Trade and other debtors and creditors are classified as basic financial instruments and recorded at the initial transaction cost. A provision for non-recovery of debtors is made where management consider that a risk exists that the company will not be able to recover fully amounts due.

Cash and cash equivalents are classified as basic financial instruments and comprise cash in hand and at bank.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 9 (2024 - 9 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

Office

machinery

fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 September 2024

and 31 August 2025

9,704

19,505

38,105

1,996

69,310

DEPRECIATION

At 1 September 2024

5,632

19,505

27,340

1,996

54,473

Charge for year

1,018

-

2,691

-

3,709

At 31 August 2025

6,650

19,505

30,031

1,996

58,182

NET BOOK VALUE

At 31 August 2025

3,054

-

8,074

-

11,128

At 31 August 2024

4,072

-

10,765

-

14,837

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.8.25

31.8.24

£

£

Trade debtors

-

2,347

Directors' current accounts

11,441

773

Prepayments and accrued income

14,975

12,175

26,416

15,295

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.8.25

31.8.24

£

£

Bank loans and overdrafts

5,556

5,556

Trade creditors

185,234

202,499

Corporation tax

27,010

21,156

Social security and other taxes

8,227

4,422

Other creditors

13,248

22,456

Directors' current accounts

-

6,679

Accruals and deferred income

11,991

520

251,266

263,288

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.8.25

31.8.24

£

£

Bank loans - 1-2 years

5,556

5,556

Bank loans - 2-5 years

15,278

16,668

Bank loans more than 5 years

-

4,165

20,834

26,389

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more than 5 years

-

4,165

8.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

31.8.25

31.8.24

£

£

Within one year

13,000

26,000

Between one and five years

-

13,000

13,000

39,000

9.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 August 2025 and 31 August 2024:

31.8.25

31.8.24

£

£

A M Boulton

Balance outstanding at start of year

773

-

Amounts advanced

40,460

773

Amounts repaid

(36,000

)

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

5,233

773

P J Colledge

Balance outstanding at start of year

-

-

Amounts advanced

42,208

-

Amounts repaid

(36,000

)

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

6,208

-

10.	RELATED PARTY DISCLOSURES