REGISTERED NUMBER: 10578787 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2026

for

PDQ Cycle Coaching Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

J Streather

Mrs M Streather

REGISTERED OFFICE:

The Swallows Nest

Whitewood Farm, Norton Lane

Whitchurch

Bristol

BS14 0BU

REGISTERED NUMBER:

10578787 (England and Wales)

ACCOUNTANTS:

Underwood Lamb Professional Services Ltd

Ground Floor, The Old Barn

Lady Farm

Chelwood

Bristol

BS39 4NN

FIXED ASSETS

Tangible assets

4

15,744

16,559

CURRENT ASSETS

Stocks

315

673

Debtors

5

401

957

Cash at bank

1,139

1,350

1,855

2,980

CREDITORS

Amounts falling due within one year

6

19,361

19,010

NET CURRENT LIABILITIES

(17,506

)

(16,030

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(1,762

)

529

CAPITAL AND RESERVES

Called up share capital

98

98

Retained earnings

7

(1,860

)

431

SHAREHOLDERS' FUNDS

(1,762

)

529

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2026.

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

J Streather - Director

1.	STATUTORY INFORMATION

PDQ Cycle Coaching 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.

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

-

15% on cost

Computer equipment

-

25% on cost

Stocks

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

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2025 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Computer

machinery

equipment

Totals

£

£

£

COST

At 1 April 2025

33,540

6,019

39,559

Additions

1,900

-

1,900

At 31 March 2026

35,440

6,019

41,459

DEPRECIATION

At 1 April 2025

18,252

4,748

23,000

Charge for year

2,293

422

2,715

At 31 March 2026

20,545

5,170

25,715

NET BOOK VALUE

At 31 March 2026

14,895

849

15,744

At 31 March 2025

15,288

1,271

16,559

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

£

Trade debtors

401

957

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

£

Taxation and social security

614

-

Other creditors

18,747

19,010

19,361

19,010

7.

RESERVES

Retained

earnings

£

At 1 April 2025

431

Deficit for the year

(2,291

)

At 31 March 2026

(1,860

)

8.	GOING CONCERN

The company's balance sheet was in deficit at the end of the accounting period.

The company's liabilities include loans from the director in excess of the deficit which will not be required to repaid until the company is in a position to do so.

As such, the director considers that the company is able to continue trading as a going concern.