| Off The Rock Cycles Ltd |
| Registered number: |
10705407 |
| Balance Sheet |
| as at 31 March 2026 |
|
| Notes |
|
|
2026 |
|
|
2025 |
| £ |
£ |
| Fixed assets |
| Tangible assets |
3 |
|
|
2,161 |
|
|
2,593 |
|
| Current assets |
| Stocks |
|
|
181,602 |
|
|
176,213 |
| Debtors |
4 |
|
500 |
|
|
4,537 |
| Cash at bank and in hand |
|
|
3,156 |
|
|
7,539 |
|
|
|
185,258 |
|
|
188,289 |
|
| Creditors: amounts falling due within one year |
5 |
|
(195,382) |
|
|
(188,952) |
|
| Net current liabilities |
|
|
|
(10,124) |
|
|
(663) |
|
| Total assets less current liabilities |
|
|
|
(7,963) |
|
|
1,930 |
|
| Creditors: amounts falling due after more than one year |
6 |
|
|
(14,671) |
|
|
(19,737) |
|
|
|
| Net liabilities |
|
|
|
(22,634) |
|
|
(17,807) |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
|
|
|
1,000 |
|
|
1,000 |
| Profit and loss account |
|
|
|
(23,634) |
|
|
(18,807) |
|
| Shareholders' funds |
|
|
|
(22,634) |
|
|
(17,807) |
|
|
|
|
|
|
|
|
| The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| The members have not required the company to obtain an audit in accordance with section 476 of the Act. |
| The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
| The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies. |
|
|
|
|
| Adam Le'Feuvre |
| Director |
| Approved by the board on 16 September 2026 |
|
| Off The Rock Cycles Ltd |
| Notes to the Accounts |
| for the year ended 31 March 2026 |
|
|
| 1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard). |
|
|
Turnover |
|
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. |
|
|
Debtors |
|
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are recognised at transaction price including any transaction costs. |
|
|
Creditors |
|
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are recognised at transaction price net of any transaction costs. |
|
|
| 2 |
Employees |
2026 |
|
2025 |
| Number |
Number |
|
|
Average number of persons employed by the company |
1 |
|
1 |
|
|
|
|
|
|
|
|
|
|
| 3 |
Tangible fixed assets |
|
|
|
|
|
|
|
|
Plant and machinery etc |
| £ |
|
Cost |
|
At 1 April 2025 |
6,210 |
|
At 31 March 2026 |
6,210 |
|
|
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 April 2025 |
3,617 |
|
Charge for the year |
432 |
|
At 31 March 2026 |
4,049 |
|
|
|
|
|
|
|
|
|
|
Net book value |
|
At 31 March 2026 |
2,161 |
|
At 31 March 2025 |
2,593 |
|
|
| 4 |
Debtors |
2026 |
|
2025 |
| £ |
£ |
|
|
Trade debtors |
500 |
|
4,359 |
|
Other debtors |
- |
|
178 |
|
|
|
|
|
|
500 |
|
4,537 |
|
|
|
|
|
|
|
|
|
|
|
| 5 |
Creditors: amounts falling due within one year |
2026 |
|
2025 |
| £ |
£ |
|
|
Bank loans and overdrafts |
18,192 |
|
12,429 |
|
Trade creditors |
5,008 |
|
21,552 |
|
Taxation and social security costs |
6,462 |
|
3,410 |
|
Other creditors |
165,720 |
|
151,561 |
|
|
|
|
|
|
195,382 |
|
188,952 |
|
|
|
|
|
|
|
|
|
|
| 6 |
Creditors: amounts falling due after one year |
2026 |
|
2025 |
| £ |
£ |
|
|
Bank loans |
14,671 |
|
19,737 |
|
|
|
|
|
|
|
|
|
|
| 7 |
Other information |
|
|
Off The Rock Cycles Ltd is a private company limited by shares and incorporated in England. Its registered office is: |
|
223 Seaview Road |
|
Wallasey |
|
Merseyside |
|
United Kingdom |
|
CH45 4PD |