The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts and delivered in accordance with the provisions applicable to the companies subject to the small companies regime.

These accounts have been prepared in accordance with the micro-entity provisions.

General information

HI-BIKE4U LTD is a private limited, registered in England & Wales. The Company's registration number is: 13406001. The company has a registration address of 329 High Street, Sutton, Surrey, England, SM1 1LW. The presentation currency of the financials is Pound Sterling (£). This is the functional currency of the company. Depreciation of Tangible Fixed Assets The company depreciates its tangible fixed assets using the straight‑line method at 10% per annum. Depreciation is charged evenly over the expected useful life of each asset category.

Principal activities of the company

Principal activity of the company during the financial period was Maintenance and repair of motor vehicles and renting and leasing of cars and light motor vehicles.

Statement of going concern

It is the directors belief that the company is experiencing good levels of sales growth and profitability, and that it is well placed to manage its business risks. As such, they have a reasonable expectation that the company has sufficient resources to continue its operational existence for the foreseeable future. The directors will continue to adopt the going concern basis of accounting in preparing the financial statements.

Average number of employees

During the financial year the average number of employees was 4.