Bikelawyer Limited Accounts






Bikelawyer Limited

	Company No. 07266028
		Information for Filing with The Registrar
		31 August 2025

The Directors present their report and the accounts for the year ended 31 August 2025.

Principal activities
The principal activity of the company during the year under review was was that of solicitors.




Directors

The Directors who served at any time during the year were as follows:

Andrew Campbell
Hanna Campbell








































































The above report has been prepared in accordance with the provisions applicable to companies subject to the small companies regime as set out in Part 15 of the Companies Act 2006.

Signed on behalf of the board

Andrew Campbell
Director
27 February 2026

at	31 August 2025
Company No.		07266028	Notes	2025	2024
				£	£
Fixed assets

	Tangible assets		5	121,007	126,895


				121,007	126,895
Current assets
	Stocks		6	485,115	589,291
	Debtors		7	227,929	176,102

	Cash at bank and in hand			732,552	797,268
				1,445,596	1,562,661
Creditors: Amount falling due within one year			8	(318,010)	(365,227)
Net current assets				1,127,586	1,197,434
Total assets less current liabilities				1,248,593	1,324,329

Provisions for liabilities
	Deferred taxation		9	(484)	(719)

Net assets				1,248,109	1,323,610

Capital and reserves
	Called up share capital			338	338


	Capital redemption reserve		11	62	62
	Profit and loss account		11	1,247,709	1,323,210

Total equity				1,248,109	1,323,610



These accounts have been prepared in accordance with the special provisions applicable to companies subject to the small companies regime of the Companies Act 2006.

For the 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.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.



As permitted by section 444 (5A)of the Companies Act 2006 the directors have not delivered to the Registrar a copy of the company's profit and loss account.

Approved by the board on 27 February 2026 and signed on its behalf by:
Andrew Campbell
Director
27 February 2026

for the year ended 31 August 2025

General information

Bikelawyer Limited is a private company limited by shares and incorporated in England and Wales.

Its registered number is: 07266028

Its registered office is:

The Old Bank

Commercial Street

Llantwit Major

Vale Of Glamorgan

CF61 1WG

The accounts have been prepared in accordance and comply with FRS 102 and Section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

Accounting policies

Revenue recognition

Turnover comprises fees for professional services provided to clients. The performance obligation is the delivery of agreed professional services, which are satisfied over time as the work is performed. Revenue is recognised based on time incurred or work completed.

Intangible fixed assets

Intangible fixed assets are carried at cost less accumulated amortisation and impairment losses.

Leased assets

Leases which transfer substantially all of the risks and rewards of ownership of the asset to the company are classified as finance leases. Assets held under finance leases are recognised initially at the fair value of the leased asset or, if lower, the present value of the minimum lease payments. The corresponding liability is included in creditors. Finance lease payments are apportioned between finance charges and the reduction of the lease obligation so as to achieve a constant rate of interest on the remaining balance of the liability. Assets held under finance leases are depreciated over the shorter of the lease term and their useful economic lives.

Leases which do not transfer substantially all of the risks and rewards of ownership are classified as operating leases. Rentals payable under operating leases are charged to profit or loss on a straight-line basis over the lease term.

Research and development costs

Expenditure on research and development is written off in the year it is incurred unless it meets the criteria to allow it to be capitalised. Costs of research are always written off in the year in which they are incurred. Where development costs are recognised as an asset, they are amortised over the period expected to benefit from them. Amortisation of the capitalised costs begins once the developed product comes into use, typically at rate of 33.33% straight line.

Taxation

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

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the profit and loss account because of items of income or expense that are taxable or deductible in other years and 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 end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable temporary differences. Deferred tax assets are generally recognised for all deductible timing differences to the extent that it is probable that taxable profits will be available against which those deductible temporary differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period.

Current or deferred tax for the year is recognised in profit or loss, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.

Freehold investment property

Investment properties are revalued annually and any surplus or deficit is dealt with through the profit and loss account.

No depreciation is provided in respect of investment properties.

Investments

Unlisted investments (except those held as subsidiaries, associates or joint ventures) are recognised initially at fair value less attributable transaction costs. Subsequent to initial recognition, any changes in fair value are recognised in profit and loss.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs.

When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of inventories recognised as an expense in the period in which the reversal occurs.

Work in progress is reflected in the accounts on a contract by contract basis by recording revenue and related costs as contract activity progresses.

Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method, less impairment losses for bad and doubtful debts.

Trade and other creditors

Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Foreign currencies

The functional and presentational currency of the company is Sterling. The accounts are rounded to the nearest pound.

Transactions in currencies, other than the functional currency of the Company, are recorded at the rate of exchange on the date the transaction occurred. Monetary items denominated in other currencies are translated at the rate prevailing at the end of the reporting period. all differences are taken to the profit and loss account. Non-monetary items that are measured at historic cost in a foreign currency are not retranslated.

Provisions

Provisions are made where an event has taken place that gives the Company a legal or constructive obligation that probably requires settlement by a transfer of economic benefit, and a reliable estimate can be made of the amount of the obligation.

Provisions are charged as an expense to the profit and loss account in the year that the Company becomes aware of the obligation, and are measured at the best estimate at balance sheet date of the expenditure required to settle the obligation, taking into account relevant risks and uncertainties.

When payments are eventually made, they are charged to the provision carried in the balance sheet.

3	Employees
			2025	2024
			Number	Number
		The average monthly number of employees (including directors) during the year was:	6	6

4	Taxation
		(a) Tax on profit on ordinary activities	2025	2024
		The tax charge is made up as follows:	£	£
		UK corporation tax
		Charge for the period	212,425	252,027

		Total corporation tax	212,425	252,027

		Origination and reversal of timing differences	(235)	(275)

		Total deferred tax	(235)	(275)

		Tax on profit on ordinary activities	212,190	251,752

		(b) Factors affecting the total tax charge for the period
		The tax assessed for the year is higher than the standard rate of corporation tax in the UK. The differences are reconciled below:
		Higher	2025	2024
		1278	£	£
		Profit on ordinary activities before tax	843,647	991,609

		Standard rate of corporation tax in the United Kingdom	25%	25%

		Profit on ordinary activities multiplied by standard rate of corporation tax in the United Kingdom	210,912	247,902
		Expenses not deductible for tax purposes	1,278	3,850




		Tax on profit on ordinary activities	212,190	251,752

5	Tangible fixed assets
			Land and buildings	Fixtures, fittings and equipment	Total
			£	£	£
		Cost or revaluation
		At 1 September 2024	153,709	15,871	169,580
		Additions	-	399	399



		At 31 August 2025	153,709	16,270	169,979
		Depreciation
		At 1 September 2024	29,688	12,997	42,685
		Charge for the year	4,948	1,339	6,287



		At 31 August 2025	34,636	14,336	48,972
		Net book values
		At 31 August 2025	119,073	1,934	121,007
		At 31 August 2024	124,021	2,874	126,895

6	Stocks
			2025	2024
			£	£

		Work in progress	485,115	589,291

			485,115	589,291

7	Debtors
			2025	2024
			£	£
		Trade debtors	214,173	163,434






		Prepayments and accrued income	13,756	12,668
			227,929	176,102

8	Creditors:
		amounts falling due within one year
			2025	2024
			£	£




		Trade creditors	14,195	12,184

		Taxes and social security	296,445	347,709


		Accruals and deferred income	7,370	5,334
			318,010	365,227

9	Deferred taxation
			Accelerated Capital Allowances, Losses and Other Timing Differences	Total
			£	£
		At 1 September 2024	719	719
		Charge to the profit and loss account for the period	(235)	(235)

		At 31 August 2025	484	484


			2025	2024
			£	£
		Accelerated capital allowances	484	719



			484	719

Share Capital

There are 169 ordinary A shares and 169 ordinary B shares in issue. The company purchased 62 ordinary C shares, in a share buy back arrangement, in the previous financial year

11	Reserves
			Capital redemption reserve	Total other reserves
			£	£



		Transfers	62	62
		At 31 August 2024 and 1 September 2024	62	62



		At 31 August 2025	62	62


		Capital redemption reserve - records the nominal value of shares repurchased by the company.

		Profit and loss account - includes all current and prior period retained profits and losses.

12	Dividends
			2025	2024
			£	£
		Dividends for the period:
		Dividends paid in the period	706,958	480,739

			706,958	480,739

		Dividends by type:

		Equity dividends	706,958	480,739
			706,958	480,739