Abbreviated Company Accounts - CYCLE SUPREME LTD

Abbreviated Company Accounts - CYCLE SUPREME LTD

CYCLE SUPREME LTD - Company Information

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Registered Number 08288108

CYCLE SUPREME LTD

Abbreviated Accounts

31 January 2016

CYCLE SUPREME LTD Registered Number 08288108

Abbreviated Balance Sheet as at 31 January 2016

Notes 2016 2015
£ £
Fixed assets
Tangible assets 2 15,346 18,778
15,346 18,778
Current assets
Stocks 80,000 64,620
Debtors 210 -
Cash at bank and in hand 5,364 350
85,574 64,970
Creditors: amounts falling due within one year (127,968) (103,716)
Net current assets (liabilities) (42,394) (38,746)
Total assets less current liabilities (27,048) (19,968)
Total net assets (liabilities) (27,048) (19,968)
Capital and reserves
Called up share capital 3 3
Profit and loss account (27,051) (19,971)
Shareholders' funds (27,048) (19,968)
  • For the year ending 31 January 2016 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
  • These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 28 October 2016

And signed on their behalf by:
S Kettlewood, Director
L Richiardi, Director

CYCLE SUPREME LTD Registered Number 08288108

Notes to the Abbreviated Accounts for the period ended 31 January 2016

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

2Tangible fixed assets
£
Cost
At 1 February 2015 25,830
Additions -
Disposals -
Revaluations -
Transfers -
At 31 January 2016 25,830
Depreciation
At 1 February 2015 7,052
Charge for the year 3,432
On disposals -
At 31 January 2016 10,484
Net book values
At 31 January 2016 15,346
At 31 January 2015 18,778