Registration number: 10810176

Ebikes Warehouse Ltd

Contents

Company Information	1
Balance Sheet	2
Notes to the Unaudited Financial Statements	3 to 8

Ebikes Warehouse Ltd

Company Information

Directors

Wendy Summers Martin Summers

Registered office

9 Hare & Billet Road Blackheath SE3 0RB

Accountants

Field Sullivan Limited 9 Hare & Billet Road Blackheath SE3 0RB

Ebikes Warehouse Ltd

(Registration number: 10810176)
Balance Sheet as at 31 August 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	5	1,236	1,474
Current assets
Stocks	6	21,789	31,900
Debtors	7	99	1,410
Cash at bank and in hand		12,157	8,117
		34,045	41,427
Creditors: Amounts falling due within one year	8	(39,823)	(49,673)
Net current liabilities		(5,778)	(8,246)
Total assets less current liabilities		(4,542)	(6,772)
Creditors: Amounts falling due after more than one year	8	-	(797)
Net liabilities		(4,542)	(7,569)
Capital and reserves
Called up share capital	9	100	100
Retained earnings		(4,642)	(7,669)
Shareholders' deficit		(4,542)	(7,569)

For the financial year ending 31 August 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 29 May 2026 and signed on its behalf by:
 

......................................... Martin Summers Director

Ebikes Warehouse Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2025

1	General information

The company is a private company limited by share capital, incorporated in England and Wales .

The address of its registered office is:
9 Hare & Billet Road
Blackheath
SE3 0RB

These financial statements were authorised for issue by the Board on 29 May 2026.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis, which assumes that the company will be able to meet its debts as they fall due. However, during the year the company made a proift of £3,027 (2024: loss of £23,921), and at the end of the year the company had net liabilities of £4,542 (2024: £7,569). The directors believes it is appropriate to prepare the financial statements on a going concern basis, as they have agreed to financially support the company for the foreseeable future.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and recognised when exchanged or delivered.

Tax

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Ebikes Warehouse Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2025

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Fixtures and fittings	15% reducing balance
Office equipment	33.33% straight line
Hire bikes	33.33% straight line

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.

The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Ebikes Warehouse Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2025

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Leases

Leases in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operating leases. Payments made under operating leases are charged to profit or loss on a straight-line basis over the period of the lease.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 2 (2024 - 2).

4

Taxation

Tax charged/(credited) in the income statement

Ebikes Warehouse Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2025

2025 £

2024 £

5	Tangible assets

	Furniture, fittings and equipment  £	Other tangible assets £	Total £
Cost or valuation
At 1 September 2024	6,491	10,399	16,890
At 31 August 2025	6,491	10,399	16,890
Depreciation
At 1 September 2024	5,017	10,399	15,416
Charge for the year	238	-	238
At 31 August 2025	5,255	10,399	15,654
Carrying amount
At 31 August 2025	1,236	-	1,236
At 31 August 2024	1,474	-	1,474

6

Stocks

	2025 £	2024 £
Other inventories	21,789	31,900

7

Debtors

Current	2025 £	2024 £
Trade debtors	98	-
Prepayments	1	-
Other debtors	-	1,410
	99	1,410

Ebikes Warehouse Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2025

8

Creditors

Creditors: amounts falling due within one year

	Note	2025 £	2024 £
Due within one year
Loans and borrowings	11	796	1,062
Trade creditors		13	6,277
Director loan account		25,069	30,129
Taxation and social security		3,933	1,636
Accruals and deferred income		2,550	1,250
Other creditors		7,462	9,319
		39,823	49,673

Creditors: amounts falling due after more than one year

	Note	2025 £	2024 £
Due after one year
Loans and borrowings	11	-	797

9	Share capital

Allotted, called up and fully paid shares

	2025		2024
	No.	£	No.	£
Ordinary shares of £1 each	100	100	100	100

10

Dividends

Interim dividends paid

		2025 £		2024 £
Interim dividend of £Nil per each Ordinary shares		-		-

Ebikes Warehouse Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2025

11	Loans and borrowings

Non-current loans and borrowings

	2025 £	2024 £
Other borrowings	-	797

Current loans and borrowings

	2025 £	2024 £
Other borrowings	796	1,062