Company Registration No. 14901930 (England and Wales)
Northside Bikes Ltd
Unaudited accounts
for the year ended 31 May 2026
Northside Bikes Ltd
Unaudited accounts
Contents
Northside Bikes Ltd
Company Information
for the year ended 31 May 2026
Company Number
14901930 (England and Wales)
Registered Office
2, Brougham Street
Leicester
LE1 2BA
United Kingdom
Accountants
Linda Kimberley-Brooks
Wisteria Cottage
8 Rectory Gardens
Newbold Verdon
Leicestershire
LE9 9AJ
Northside Bikes Ltd
Statement of financial position
as at 31 May 2026
Tangible assets
1,048
2,470
Cash at bank and in hand
2,918
4,035
Creditors: amounts falling due within one year
(10,255)
(22,357)
Net current assets/(liabilities)
4,116
(3,913)
Net assets/(liabilities)
5,164
(1,443)
Called up share capital
100
100
Profit and loss account
5,064
(1,543)
Shareholders' funds
5,164
(1,443)
For the year ending 31 May 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 24 September 2026 and were signed on its behalf by
Christopher Dee
Director
Company Registration No. 14901930
Northside Bikes Ltd
Notes to the Accounts
for the year ended 31 May 2026
Northside Bikes Ltd is a private company, limited by shares, registered in England and Wales, registration number 14901930. The registered office is 2, Brougham Street, Leicester, LE1 2BA, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
50% reducing balance
Computer equipment
25% reducing balance
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Tangible fixed assets
Plant & machinery
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 June 2025
3,692
1,640
5,332
At 31 May 2026
4,242
1,640
5,882
At 1 June 2025
2,404
458
2,862
Charge for the year
410
1,562
1,972
At 31 May 2026
2,814
2,020
4,834
At 31 May 2026
1,428
(380)
1,048
At 31 May 2025
1,288
1,182
2,470
Amounts falling due within one year
Accrued income and prepayments
-
15
Northside Bikes Ltd
Notes to the Accounts
for the year ended 31 May 2026
6
Creditors: amounts falling due within one year
2026
2025
Taxes and social security
3,140
1,985
Other creditors
3,067
3,527
Loans from directors
3,160
15,786
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Average number of employees
During the year the average number of employees was 3 (2025: 6).