Futurebike Ltd - Filleted accounts

Registered number

12154696

Futurebike Ltd

Filleted Accounts

31 August 2026

Futurebike Ltd
Registered number:		12154696
Balance Sheet
as at 31 August 2026

Notes			2026			2025
£				£
Current assets
Stocks		7,400			7,400
Debtors	3	21,491			17,842
Cash at bank and in hand		140			4,136
		29,031			29,378

Creditors: amounts falling due within one year	4	(1,360)			(1,466)

Net current assets			27,671			27,912

Net assets			27,671			27,912

Capital and reserves
Called up share capital			100			100
Profit and loss account			27,571			27,812

Shareholders' funds			27,671			27,912

The director is 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 director acknowledges his 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 Lefeuvre
Director
Approved by the board on 22 October 2026

Futurebike Ltd
Notes to the Accounts
for the year ended 31 August 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 and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Stocks
	Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

	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.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period.


2	Directors	2026		2025
Number			Number

	Average number of directors	2		2


3	Debtors	2026		2025
£			£

	Other debtors	21,491		17,842


4	Creditors: amounts falling due within one year	2026		2025
£			£

	Trade creditors	640		-
	Other creditors	720		1,466
		1,360		1,466


5	Other information

	Futurebike Ltd is a private company limited by shares and incorporated in England. Its registered office is:
	255 Poulton Road
	Wallasey
	Wirral
	CH44 4BT