REGISTERED NUMBER: 11587382 (England and Wales)

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025

FOR

DALES BIKE CENTRE LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Stuart Michael Price

Brenda Mary Price

REGISTERED OFFICE:

Parks Barn

Fremington

Richmond

North Yorkshire

DL11 6AW

REGISTERED NUMBER:

11587382 (England and Wales)

ACCOUNTANTS:

Walter Dawson & Son

Chartered Accountants

Unit 4 Beckside Court

Leyburn Business Park

Leyburn

North Yorkshire

DL8 5QA

FIXED ASSETS

Tangible assets

4

1,500,268

1,187,622

CURRENT ASSETS

Stocks

153,240

161,013

Debtors

5

-

2,400

Cash at bank and in hand

23,916

47,452

177,156

210,865

CREDITORS

Amounts falling due within one year

6

531,708

526,441

NET CURRENT LIABILITIES

(354,552

)

(315,576

)

TOTAL ASSETS LESS CURRENT LIABILITIES

1,145,716

872,046

CREDITORS

Amounts falling due after more than one year

7

(687,380

)

(450,077

)

PROVISIONS FOR LIABILITIES

(39,881

)

(23,811

)

NET ASSETS

418,455

398,158

CAPITAL AND RESERVES

Called up share capital

300,000

300,000

Profit and loss account

118,455

98,158

418,455

398,158

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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 18 May 2026 and were signed on its behalf by:

Stuart Michael Price - Director

1.	STATUTORY INFORMATION

Dales Bike Centre 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

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.

Freehold property

-

Straight line over 50 years

Plant and machinery

-

25% on reducing balance

Fixtures and fittings

-

25% on reducing balance

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 Profit and Loss Account, 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

Tangible fixed assets acquired under finance leases or hire purchase contracts are capitalised and depreciated in the same manner as other tangible fixed assets. The related obligations, net of future charges, are included in creditors.

Rentals payable under operating leases are charged to the profit and loss account on a straight line basis over the period of the leases. The benefits of lease incentives are recognised in the profit and loss account over the shorter of the lease period and the period to the next rent review at which the rent is expected to be reset to market rates.

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.

Income recognition

Income is recognised when goods have been delivered to customers such that the risks and rewards of ownership have transferred to them.

Finance cost of debt

The finance costs of debt, including interest and issue costs, are allocated to each period over the term of the debt and charged to the profit and loss account at a constant rate on the outstanding amount.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 25 (2024 - 25 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Freehold

Plant and

and

Motor

property

machinery

fittings

vehicles

Totals

£

£

£

£

£

COST

At 1 September 2024

1,227,480

64,764

15,750

-

1,307,994

Additions

313,831

13,720

3,544

33,700

364,795

At 31 August 2025

1,541,311

78,484

19,294

33,700

1,672,789

DEPRECIATION

At 1 September 2024

74,167

37,096

9,109

-

120,372

Charge for year

30,826

10,351

2,547

8,425

52,149

At 31 August 2025

104,993

47,447

11,656

8,425

172,521

NET BOOK VALUE

At 31 August 2025

1,436,318

31,037

7,638

25,275

1,500,268

At 31 August 2024

1,153,313

27,668

6,641

-

1,187,622

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other debtors

-

2,400

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

Included within creditors is £26,365 hire purchase commitments, secured on the assets to which they relate.

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

Included within creditors is £530,865 secured by a fixed and floating charge over the assets of the company.

8.	LEASING AGREEMENTS

At 30/09/2025, the company had total commitments under non-cancellable operating leases of £11,788 (2024: £17,640).

9.	PENSION COMMITMENTS

The company operates a defined contribution pension scheme. The assets of the pension scheme are held separately from those of the company in an independently administered fund. The pension cost represents contributions payable by the company to the fund and amounted to £3,939 (2024: £3,482). Contributions totalling £1,538 (2024: £1,551) were payable to the fund at the year end and are included in creditors.