Flag Bikes Ltd

(Registration number: 08628918)
Balance Sheet as at 30 September 2025

	Note	2025 £	2024 £
Current assets
Debtors	5	6,500	9,982
Cash at bank and in hand		-	369
		6,500	10,351
Creditors: Amounts falling due within one year	6	-	(3,664)
Net assets		6,500	6,687
Capital and reserves
Called up share capital	7	200,000	200,000
Other reserves		19,066	19,066
Profit and loss account		(212,566)	(212,379)
Total equity		6,500	6,687

Flag Bikes Ltd

(Registration number: 08628918)
Balance Sheet as at 30 September 2025

For the financial year ending 30 September 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 in accordance with the provisions applicable to companies subject to the small companies regime and FRS 102 ‘The Financial Reporting Standard Applicable in the UK and Republic of Ireland’.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the Profit and Loss Account has been taken.

Approved and authorised for issue by the Board on 24 June 2026 and signed on its behalf by:
 

.........................................

S Atkins
Director

Flag Bikes Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2025

1	Statutory information

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

The address of its registered office is:
157 Whiteladies Road
Bristol
BS8 2RF

2	Accounting policies

Summary of significant accounting policies

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.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.

Basis of preparation

These financial statements have been prepared using the historical cost convention.

The financial statements are prepared in pounds sterling which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

Going concern

The accounts have been prepared on a going concern basis which assumes that the company has sufficient funds to continue to trade for the foreseeable future. The directors have indicated their willingness to continue to support the company for at least twelve months from the date of approval of the financial statements and accordingly the accounts have been prepared on the basis that the company is a going concern.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits.

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.

Flag Bikes Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2025

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 0 (2024 - 0).

4	Intangible fixed assets

	Internally generated software development costs  £
Cost
At 1 October 2024	48,668
Disposals	(48,668)
At 30 September 2025	-
Amortisation
At 1 October 2024	48,668
Amortisation eliminated on disposals	(48,668)
At 30 September 2025	-
Carrying amount
At 30 September 2025	-
At 30 September 2024	-

5	Debtors: amounts falling due within one year

	2025 £	2024 £
Amounts owed by group undertakings	6,500	-
Other debtors	-	9,982
	6,500	9,982

Flag Bikes Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2025

6

Creditors

	2025 £	2024 £
Amounts falling due within one year
Amounts owed to group undertakings	-	2,144
Accruals	-	1,520
	-	3,664

7	Share capital

Allotted, called up and fully paid shares

	2025		2024
	No.	£	No.	£
Ordinary shares of £1 each	200,000	200,000	200,000	200,000

8	Related party transactions

FRS 102 does not require disclosure of transactions entered into between two or more members of a group, provided that any subsidiary which is a party to the transaction is wholly-owned by such a member.

9	Relationship between entity and parents

The company's immediate parent company is E Transport Group Ltd.

The registered address of E Transport Group Ltd is:

157 Whiteladies Road
Bristol
England
BS8 2RF