REGISTERED NUMBER: 09189322 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025

FOR

THE BIKE STORAGE COMPANY LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr A J Worlidge

Mr C T J Arman

Mr J M Shattock

REGISTERED OFFICE:

1st Floor

Isabella House

12 Union Court

Richmond upon Thames

London

TW9 1AA

REGISTERED NUMBER:

09189322 (England and Wales)

ACCOUNTANTS:

Xeinadin

1st Floor

Isabella House

12 Union Court

Richmond upon Thames

London

TW9 1AA

FIXED ASSETS

Intangible assets

4

12,750

12,750

Tangible assets

5

13,344

18,260

26,094

31,010

CURRENT ASSETS

Stocks

31,279

29,590

Debtors

6

1,482,007

1,451,435

Cash at bank

1,188,909

1,052,844

2,702,195

2,533,869

CREDITORS

Amounts falling due within one year

7

(1,407,208

)

(1,394,679

)

NET CURRENT ASSETS

1,294,987

1,139,190

TOTAL ASSETS LESS CURRENT LIABILITIES

1,321,081

1,170,200

PROVISIONS FOR LIABILITIES

(3,336

)

(4,565

)

NET ASSETS

1,317,745

1,165,635

CAPITAL AND RESERVES

Called up share capital

20,006

20,006

Share premium

8

78

78

Retained earnings

8

1,297,661

1,145,551

SHAREHOLDERS' FUNDS

1,317,745

1,165,635

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2025 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 11 June 2026 and were signed on its behalf by:

Mr A J Worlidge - Director

Mr C T J Arman - Director

1.	STATUTORY INFORMATION

The Bike Storage Company Ltd 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.

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.

Patents and licences are being amortised evenly over their estimated useful life of nil years.

Tangible fixed assets

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

Plant and machinery

-

25% on cost

Fixtures and fittings

-

25% on cost

Computer equipment

-

33.33% on cost

Stocks

Stocks and work in progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 12 (2024 - 12 ) .

4.	INTANGIBLE FIXED ASSETS

Other

intangible

assets

£

COST

At 1 September 2024

and 31 August 2025

12,750

NET BOOK VALUE

At 31 August 2025

12,750

At 31 August 2024

12,750

5.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Computer

machinery

fittings

equipment

Totals

£

£

£

£

COST

At 1 September 2024

7,440

4,968

41,295

53,703

Additions

-

-

6,098

6,098

At 31 August 2025

7,440

4,968

47,393

59,801

DEPRECIATION

At 1 September 2024

1,860

3,474

30,109

35,443

Charge for year

1,860

751

8,403

11,014

At 31 August 2025

3,720

4,225

38,512

46,457

NET BOOK VALUE

At 31 August 2025

3,720

743

8,881

13,344

At 31 August 2024

5,580

1,494

11,186

18,260

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.8.25

31.8.24

£

£

Trade debtors

1,337,441

1,364,864

Other debtors

144,566

86,571

1,482,007

1,451,435

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.8.25

31.8.24

£

£

Bank loans and overdrafts

38,696

37,280

Trade creditors

1,027,856

1,039,006

Taxation and social security

329,863

302,015

Other creditors

10,793

16,378

1,407,208

1,394,679

8.

RESERVES

Retained

Share

earnings

premium

Totals

£

£

£

At 1 September 2024

1,145,551

78

1,145,629

Profit for the year

923,310

923,310

Dividends

(771,200

)

(771,200

)

At 31 August 2025

1,297,661

78

1,297,739

9.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 August 2025 and 31 August 2024:

31.8.25

31.8.24

£

£

Mr A J Worlidge

Balance outstanding at start of year

(1,936

)

-

Amounts advanced

1,537

-

Amounts repaid

-

(1,936

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(399

)

(1,936

)

Mr C T J Arman

Balance outstanding at start of year

(41

)

-

Amounts repaid

(8

)

(41

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(49

)

(41

)

Mr J M Shattock

Balance outstanding at start of year

(94

)

(552

)

Amounts advanced

22

458

Amounts repaid

-

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(72

)

(94

)

It is confirmed that the director’s current account is debited with personal transactions and credited with director’s remuneration as well as dividends.

The loans are unsecured, interest free and no repayment terms have been agreed.

10.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Mr A Worlidge and Mr C Arman, equally holding the majority of shares.