Company Registration No. 07595123 (England and Wales)
ALLIED CYCLES LIMITED
Unaudited accounts
for the year ended 30 April 2026
ALLIED CYCLES LIMITED
Unaudited accounts
Contents
ALLIED CYCLES LIMITED
Company Information
for the year ended 30 April 2026
Director
Mr Benjamin Byron Walsh
Company Number
07595123 (England and Wales)
Registered Office
890 GARRATT LANE
LONDON
SW17 0NB
ALLIED CYCLES LIMITED
Statement of financial position
as at 30 April 2026
Cash at bank and in hand
1,904
1,386
Creditors: amounts falling due within one year
(141,227)
(154,431)
Net current liabilities
(118,123)
(124,495)
Net liabilities
(118,123)
(124,495)
Called up share capital
1
1
Profit and loss account
(118,124)
(124,496)
Shareholders' funds
(118,123)
(124,495)
For the year ending 30 April 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 10 June 2026 and were signed on its behalf by
Mr Benjamin Byron Walsh
Director
Company Registration No. 07595123
ALLIED CYCLES LIMITED
Notes to the Accounts
for the year ended 30 April 2026
ALLIED CYCLES LIMITED is a private company, limited by shares, registered in England and Wales, registration number 07595123. The registered office is 890 GARRATT LANE, LONDON, SW17 0NB.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
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 includes all direct expenditure and an appropriate proportion of fixed and variable overheads.
As at 30 April 2026 the company has net liability of £127,178. The director who is also the shareholder has confirmed that he will continue to provide ongoing financial support to enable the company to meet its liabilities as and when fall due for the foreseeable future. On this basis the director considers it is appropriate to prepare the financial statements on the going concern basis. The financial statements do not include any adjustments that might be required if ongoing financial support was withdrawn.
4
Creditors: amounts falling due within one year
2026
2025
Trade creditors
2,610
2,610
Loans from directors
138,617
151,821
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1
1
6
Average number of employees
During the year the average number of employees was 1 (2025: 1).