REGISTERED NUMBER: 15370058 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2025

for

Sell Your Motorbike Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

S F Byrne

REGISTERED OFFICE:

72 Brentwood Road

Brighton

BN1 7ES

REGISTERED NUMBER:

15370058 (England and Wales)

ACCOUNTANTS:

Sussex Accounting Solutions Ltd

7 The Green

Lewes Road

Ringmer

LEWES

East Sussex

BN8 5QG

FIXED ASSETS

Tangible assets

4

17,457

22,984

CURRENT ASSETS

Stocks

51,486

33,360

Debtors

5

712

4,054

Cash at bank

20,126

4,386

72,324

41,800

CREDITORS

Amounts falling due within one year

6

61,170

53,544

NET CURRENT ASSETS/(LIABILITIES)

11,154

(11,744

)

TOTAL ASSETS LESS CURRENT LIABILITIES

28,611

11,240

CREDITORS

Amounts falling due after more than one year

7

(5,382

)

(8,581

)

PROVISIONS FOR LIABILITIES

(3,317

)

-

NET ASSETS

19,912

2,659

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

19,910

2,657

19,912

2,659

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 11 September 2026 and were signed by:

S F Byrne - Director

1.	STATUTORY INFORMATION

Sell Your Motorbike 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 etc

-

33% on cost and 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 Statement of Income and Retained Earnings, 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.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - NIL ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 January 2025

30,645

Additions

3,064

At 31 December 2025

33,709

DEPRECIATION

At 1 January 2025

7,661

Charge for year

8,591

At 31 December 2025

16,252

NET BOOK VALUE

At 31 December 2025

17,457

At 31 December 2024

22,984

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Other debtors

712

4,054

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Hire purchase contracts (see note 8)

3,947

3,947

Taxation and social security

1,857

-

Other creditors

55,366

49,597

61,170

53,544

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.25

31.12.24

£

£

Hire purchase contracts (see note 8)

5,382

8,581

8.	LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase

contracts

31.12.25

31.12.24

£

£

Net obligations repayable:

Within one year

3,947

3,947

Between one and five years

5,382

8,581

9,329

12,528

Non-cancellable

operating leases

31.12.25

31.12.24

£

£

Within one year

-

835

9.	ULTIMATE CONTROLLING PARTY

The controlling party is S F Byrne.