REGISTERED NUMBER: 07793308 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2026

FOR

WOODRUP CYCLES LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Mr S Woodrup

Mr A S Woodrup

REGISTERED OFFICE:

345/7 Kirkstall Road

Leeds

West Yorkshire

LS4 2HD

REGISTERED NUMBER:

07793308 (England and Wales)

ACCOUNTANTS:

Temporal Lennon & Company Limited

Chartered Accountants

Suite 1

1 The Crescent

Adel

Leeds

West Yorkshire

LS16 6AA

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

82,797

107,773

82,797

107,773

CURRENT ASSETS

Stocks

733,890

612,603

Debtors

6

10,924

13,374

Cash at bank and in hand

357,159

416,359

1,101,973

1,042,336

CREDITORS

Amounts falling due within one year

7

269,333

246,129

NET CURRENT ASSETS

832,640

796,207

TOTAL ASSETS LESS CURRENT LIABILITIES

915,437

903,980

PROVISIONS FOR LIABILITIES

17,662

20,888

NET ASSETS

897,775

883,092

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

897,675

882,992

SHAREHOLDERS' FUNDS

897,775

883,092

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2026 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 9 June 2026 and were signed on its behalf by:

Mr A S Woodrup - Director

1.	STATUTORY INFORMATION

Woodrup Cycles 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.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2012, is being amortised evenly over its estimated useful life of five years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Property refurbishment

-

10% on cost

Plant and machinery

-

25% on cost

Motor vehicles

-

20% on cost

Computer equipment

-

33% 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.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 9 (2025 - 9 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2025

and 31 March 2026

20,000

AMORTISATION

At 1 April 2025

and 31 March 2026

20,000

NET BOOK VALUE

At 31 March 2026

-

At 31 March 2025

-

5.	TANGIBLE FIXED ASSETS

Property

Plant and

Motor

Computer

refurbishment

machinery

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 April 2025

121,725

65,059

61,622

21,428

269,834

Additions

-

9,112

-

2,633

11,745

At 31 March 2026

121,725

74,171

61,622

24,061

281,579

DEPRECIATION

At 1 April 2025

85,206

52,146

6,162

18,547

162,061

Charge for year

12,173

9,786

12,325

2,437

36,721

At 31 March 2026

97,379

61,932

18,487

20,984

198,782

NET BOOK VALUE

At 31 March 2026

24,346

12,239

43,135

3,077

82,797

At 31 March 2025

36,519

12,913

55,460

2,881

107,773

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

£

Trade debtors

5,382

11,607

Other debtors

5,542

1,767

10,924

13,374

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

£

Trade creditors

192,240

146,803

Taxation and social security

53,699

85,281

Other creditors

23,394

14,045

269,333

246,129

8.	ULTIMATE CONTROLLING PARTY

The controlling party is Mr A S Woodrup.