Classic Superbikes Limited - Filleted accounts

Registered number

06687125

Classic Superbikes Limited

Filleted Accounts

30 September 2025

Classic Superbikes Limited
Registered number:		06687125
Balance Sheet
as at 30 September 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	3		123,622			110,687

Current assets
Stocks		213,267			201,799
Cash at bank and in hand		31,134			20,716
		244,401			222,515

Creditors: amounts falling due within one year	4	(364,939)			(347,421)

Net current liabilities			(120,538)			(124,906)

Total assets less current liabilities			3,084			(14,219)


Provisions for liabilities			(3,729)			(669)


Net liabilities			(645)			(14,888)

Capital and reserves
Called up share capital			100			100
Profit and loss account			(745)			(14,988)

Shareholders' funds			(645)			(14,888)

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




C Bunce
Director
Approved by the board on 17 June 2026

Classic Superbikes Limited
Notes to the Accounts
for the year ended 30 September 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Leasehold land and buildings	over 50 years
	Plant and machinery	over 5 years

	Stocks
	Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.


2	Employees			2025		2024
Number					Number

	Average number of persons employed by the company			2		2


3	Tangible fixed assets
		Land and buildings		Plant and machinery etc		Total
£			£		£
	Cost
	At 1 October 2024	142,152		42,566		184,718
	Additions	16,876		2,969		19,845
	At 30 September 2025	159,028		45,535		204,563

	Depreciation
	At 1 October 2024	47,139		26,892		74,031
	Charge for the year	3,181		3,729		6,910
	At 30 September 2025	50,320		30,621		80,941

	Net book value
	At 30 September 2025	108,708		14,914		123,622
	At 30 September 2024	95,013		15,674		110,687


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

	Bank loans and overdrafts			4,405		13,333
	Taxation and social security costs			4,795		(4,545)
	Other creditors			355,739		338,633
				364,939		347,421


5	Other information

	Classic Superbikes Limited is a private company limited by shares and incorporated in England. Its registered office is:
	Room 2
	30a Reading Road south
	Fleet
	Hampshire
	GU52 7QL