REGISTERED NUMBER: 06841321 (England and Wales)

Westbrook Cycles Limited

Unaudited Financial Statements for the Year Ended 31st May 2026

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

P R C Richardson

Mrs S J Richardson

REGISTERED OFFICE:

Brookside Farm

Potto

Northallerton

DL6 3HP

REGISTERED NUMBER:

06841321 (England and Wales)

ACCOUNTANTS:

DRAYCOTT & KIRK LLP

Chartered Certified Accountants

Cleveland House

92 Westgate

Guisborough

CLEVELAND

TS14 6AP

FIXED ASSETS

Intangible assets

4

8,335

8,335

Tangible assets

5

926,122

872,253

934,457

880,588

CURRENT ASSETS

Stocks

1,054,308

749,714

Cash at bank and in hand

600,228

701,714

1,654,536

1,451,428

CREDITORS

Amounts falling due within one year

6

371,982

328,905

NET CURRENT ASSETS

1,282,554

1,122,523

TOTAL ASSETS LESS CURRENT LIABILITIES

2,217,011

2,003,111

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

2,217,009

2,003,109

SHAREHOLDERS' FUNDS

2,217,011

2,003,111

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st May 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 6th October 2026 and were signed on its behalf by:

P R C Richardson - Director

1.	STATUTORY INFORMATION

Westbrook Cycles Limited 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.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

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

-

25% on reducing balance and 15% on reducing balance

Stocks

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

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 13 (2025 - 14 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1st June 2025

and 31st May 2026

8,335

NET BOOK VALUE

At 31st May 2026

8,335

At 31st May 2025

8,335

5.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1st June 2025

732,578

248,789

981,367

Additions

-

142,749

142,749

Disposals

-

(64,813

)

(64,813

)

At 31st May 2026

732,578

326,725

1,059,303

DEPRECIATION

At 1st June 2025

-

109,114

109,114

Charge for year

-

52,423

52,423

Eliminated on disposal

-

(28,356

)

(28,356

)

At 31st May 2026

-

133,181

133,181

NET BOOK VALUE

At 31st May 2026

732,578

193,544

926,122

At 31st May 2025

732,578

139,675

872,253

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Bank loans and overdrafts

57,527

55,299

Trade creditors

140,952

177,511

Taxation and social security

151,365

93,527

Other creditors

22,138

2,568

371,982

328,905