REGISTERED NUMBER: 07507437 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 December 2025

for

Woodston Cycles Limited

Page

Chartered accountants' report

1

Statement of financial position

2

to

3

Notes to the financial statements

4

to

8

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Statement of financial position. Readers are cautioned that the Income statement and certain other primary statements and the Report of the director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Woodston Cycles Limited for the year ended 31 December 2025 which comprise the Income statement, Statement of financial position, Statement of changes in equity and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of Woodston Cycles Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Woodston Cycles Limited and state those matters that we have agreed to state to the director of Woodston Cycles Limited in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Woodston Cycles Limited and its director for our work or for this report.

It is your duty to ensure that Woodston Cycles Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Woodston Cycles Limited. You consider that Woodston Cycles Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Woodston Cycles Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Moore Thompson

22 St George's Street

Stamford

Lincolnshire

PE9 2BU

16 June 2026

Fixed assets

Intangible assets

5

-

-

Tangible assets

6

32,194

37,946

32,194

37,946

Current assets

Stocks

7

14,870

14,327

Debtors

8

10,304

10,402

Cash at bank and in hand

51,069

59,608

76,243

84,337

Creditors

Amounts falling due within one year

9

34,064

29,323

Net current assets

42,179

55,014

Total assets less current liabilities

74,373

92,960

Creditors

Amounts falling due after more than one year

10

(3,500

)

(10,567

)

Provisions for liabilities

(6,117

)

(7,210

)

Net assets

64,756

75,183

Capital and reserves

Called up share capital

13

100

100

Retained earnings

64,656

75,083

Shareholders' funds

64,756

75,183

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 15 June 2026 and were signed by:

N Foster - Director

1.	Statutory information

Woodston Cycles Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

07507437

Registered office:

71-73 Oundle Road

Woodston

Peterborough

Cambs

PE2 9PB

The presentation currency of the financial statements is the Pound Sterling (£).

2.	Statement of compliance

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.

3.	Accounting policies

Basis of preparing the financial statements

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.

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 specific criteria have been met for each of the company's activities.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2011, is being amortised evenly over its estimated useful life of ten years.

Tangible fixed assets

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

Motor vehicles

-

15% on reducing balance

Computer and office equipmt

-

33% 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 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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

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.

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.

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.

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.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

4.	Employees and directors

The average number of employees during the year was 4 (2024 - 4 ) .

5.	Intangible fixed assets

Goodwill

£

Cost

At 1 January 2025

and 31 December 2025

30,000

Amortisation

At 1 January 2025

and 31 December 2025

30,000

Net book value

At 31 December 2025

-

At 31 December 2024

-

6.	Tangible fixed assets

Computer

and

Motor

office

vehicles

equipmt

Totals

£

£

£

Cost

At 1 January 2025

and 31 December 2025

50,499

1,610

52,109

Depreciation

At 1 January 2025

12,833

1,330

14,163

Charge for year

5,652

100

5,752

At 31 December 2025

18,485

1,430

19,915

Net book value

At 31 December 2025

32,014

180

32,194

At 31 December 2024

37,666

280

37,946

7.

Stocks

2025

2024

£

£

Stocks

14,870

14,327

8.

Debtors: amounts falling due within one year

2025

2024

£

£

Employee loan

9,750

9,750

Prepayments

554

652

10,304

10,402

9.

Creditors: amounts falling due within one year

2025

2024

£

£

Bank loans and overdrafts (see note 11)

9,620

10,000

Corporation tax

2,442

3,156

Social security and other taxes

963

944

VAT

2,780

2,838

Pension contributions unpaid

115

115

Directors' loan accounts

12,783

7,777

Accrued expenses

5,361

4,493

34,064

29,323

10.

Creditors: amounts falling due after more than one year

2025

2024

£

£

Bank loans (see note 11)

-

9,567

Other loans (see note 11)

3,500

1,000

3,500

10,567

11.

Loans

An analysis of the maturity of loans is given below:

2025

2024

£

£

Amounts falling due within one year or on demand:

Bank loans

9,620

10,000

Amounts falling due between one and two years:

Other loans - 1-2 years

3,500

1,000

Amounts falling due between two and five years:

Bank loans - 2-5 years

-

9,567

12.	Secured debts

The following secured debts are included within creditors:

2025

2024

£

£

Bank loans

9,620

19,567

Bounce Back Loan balance of £9,620 (2024 - £19,567) is guaranteed by the Government and interest at 2.5% per annum is charged.

13.	Called up share capital

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

100

Ordinary shares

£1

100

100