Handle Bar Bikes MCR Limited iXBRL

Company Registration Number: 13516602

Handle Bar Bikes MCR Limited

Unaudited Financial Statements

for the financial year ended 31 July 2025

Handle Bar Bikes MCR Limited

DIRECTOR AND OTHER INFORMATION


Director	Mr Stephen Dunbar


Company Registration Number	13516602


Registered Office and Business Address	20 Townfield
	Urmston
	Manchester
	M41 6HG


Accountants	Langers
	Chartered Certified Accountants
	8-10 Gatley Road
	Cheadle
	Cheshire
	SK8 1PY

Handle Bar Bikes MCR Limited

Company Registration Number: 13516602

STATEMENT OF FINANCIAL POSITION

as at 31 July 2025

		2025	2024
	Notes	£	£

Current Assets

Debtors

4,673

2,754

Cash and cash equivalents

─────────

4,673

2,767

─────────

Creditors: amounts falling due within one year

(7,760)

(4,588)

─────────

Net Current Liabilities

(3,087)

(1,821)

─────────

Total Assets less Current Liabilities

(3,087)

(1,821)

═════════

Capital and Reserves

Called up share capital

Retained earnings

(3,088)

(1,822)

─────────

Shareholders' Deficit

(3,087)

(1,821)

═════════

The financial statements have been prepared 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 company has taken advantage of the exemption under section 444 not to file the Income Statement and Director's Report.

For the financial year ended 31 July 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006.

The director confirms that the members have not required the company to obtain an audit of its financial statements for the financial year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges their responsibilities for ensuring that the company keeps accounting records which comply with section 386 and for preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of the financial year and of its profit and loss for the 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.

Approved by the Director and authorised for issue on 31 July 2026



________________________________
Mr Stephen Dunbar
Director

Handle Bar Bikes MCR Limited

NOTES TO THE FINANCIAL STATEMENTS

for the financial year ended 31 July 2025

General Information

Handle Bar Bikes MCR Limited is a company limited by shares incorporated and registered in the United Kingdom. The registered number of the company is 13516602. The registered office of the company is 20 Townfield, Urmston, Manchester, M41 6HG which is also the principal place of business of the company. The nature of the company's operations and its principal activities are set out in the Director's Report. The financial statements have been presented in Pound (£) which is also the functional currency of the company.

Summary of Significant Accounting Policies

The following accounting policies have been applied consistently in dealing with items which are considered material in relation to the company's financial statements.

Statement of compliance

The financial statements of the company for the financial year ended 31 July 2025 have been prepared in accordance with the provisions of FRS 102 Section 1A (Small Entities) and the Companies Act 2006.

Basis of preparation

The financial statements have been prepared on the going concern basis and in accordance with the historical cost convention except for certain properties and financial instruments that are measured at revalued amounts or fair values, as explained in the accounting policies below. Historical cost is generally based on the fair value of the consideration given in exchange for assets.

Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.

Borrowing costs

Borrowing costs relating to the acquisition of assets are capitalised at the appropriate rate by adding them to the cost of assets being acquired. Investment income earned on the temporary investment of specific borrowings pending their expenditure on the assets is deducted from the borrowing costs eligible for capitalisation. All other borrowing costs are recognised in profit or loss in the period in which they are incurred.

Trade and other creditors

Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost.

Employee benefits

The company operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the company in an independently administered fund.

Taxation and deferred taxation

Current tax represents the amount expected to be paid or recovered in respect of taxable profits for the financial year and is calculated using the tax rates and laws that have been enacted or substantially enacted at the Statement of Financial Position date.

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date where transactions or events have occurred at that date that will result in an obligation to pay more tax in the future, or a right to pay less tax in the future. Timing differences are temporary differences between the company's taxable profits and its results as stated in the financial statements.

Deferred tax is measured on an undiscounted basis at the tax rates that are anticipated to apply in the periods in which the timing differences are expected to reverse, based on tax rates and laws that have been enacted or substantively enacted by the Statement of Financial Position date.

Ordinary share capital

The ordinary share capital of the company is presented as equity.

Going concern

The company is a going concern dependent on the continued support of the director.

Employees

The average monthly number of employees, including director, during the financial year was 1, (2024 - 1).

2025

2024

Number

Number

Director

═════════


5.	Debtors	2025	2024
		£	£

	Amounts owed by related parties	4,522	2,678
	Taxation	151	76
		─────────	─────────
		4,673	2,754
		═════════	═════════


6.	Creditors	2025	2024
	Amounts falling due within one year	£	£

	Bank overdrafts	1	-
	Director's current account	6,844	3,453
	Accruals	915	1,135
		─────────	─────────
		7,760	4,588
		═════════	═════════

Capital commitments

The company had no material capital commitments at the financial year-ended 31 July 2025.

Director's advances, credits and guarantees

At the year end the company owed the director £6,844 (2024 £3,453). No interest has been charged to the company in respect of these loans which are repayable on demand and classified in creditors due within one year.

Events After the End of the Reporting Period

There have been no significant events affecting the company since the financial year-end.