Bike Shed Holdings Limited 31/12/2021 iXBRL
Bike Shed Holdings Limited 31/12/2021 iXBRL
Company registration number:
12058047
Contents
Statement of financial position
Statement of changes in equity
Notes to the financial statements
Statement of financial position
31 December 2021
31/12/21 | 30/06/20 | ||||||||
Note | £ | £ | £ | £ | |||||
Fixed assets | |||||||||
Investments | 4 |
|
|
||||||
_______ | _______ | ||||||||
|
|
||||||||
Current assets | |||||||||
Debtors | 5 |
|
|
||||||
_______ | _______ | ||||||||
|
|
||||||||
Creditors: amounts falling due | |||||||||
within one year | 6 |
(
|
(
|
||||||
_______ | _______ | ||||||||
Net current assets |
|
|
|||||||
_______ | _______ | ||||||||
Total assets less current liabilities |
|
|
|||||||
_______ | _______ | ||||||||
Net assets |
|
|
|||||||
_______ | _______ | ||||||||
Capital and reserves | |||||||||
Called up share capital |
|
|
|||||||
Share premium account |
|
|
|||||||
Profit and loss account |
(
|
- | |||||||
_______ | _______ | ||||||||
Shareholders funds |
|
|
|||||||
_______ | _______ | ||||||||
Directors responsibilities:
-
The members have not required the company to obtain an audit of its financial statements for the period in question in accordance with section 476;
-
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.
These financial statements were approved by the
board of directors
and authorised for issue on
20 July 2022
, and are signed on behalf of the board by:
Director
Company registration number:
12058047
Statement of changes in equity
Period ended 31 December 2021
Called up share capital | Share premium account | Profit and loss account | Total | ||
£ | £ | £ | £ | ||
At 1 July 2019 | - | - | - | - | |
(Loss)/profit for the period | - | - | |||
_______ | _______ | _______ | _______ | ||
Total comprehensive income for the period | - | - | - | - | |
Issue of shares |
|
|
|
||
_______ | _______ | _______ | _______ | ||
Total investments by and distributions to owners |
|
|
- |
|
|
_______ | _______ | _______ | _______ | ||
At 30 June 2020 and 1 July 2020 |
|
|
- |
|
|
(Loss)/profit for the period |
(
|
(
|
|||
_______ | _______ | _______ | _______ | ||
Total comprehensive income for the period | - | - |
(
|
(
|
|
Issue of shares |
|
|
|
||
_______ | _______ | _______ | _______ | ||
Total investments by and distributions to owners |
|
|
- |
|
|
_______ | _______ | _______ | _______ | ||
At 31 December 2021 |
|
|
(
|
|
|
_______ | _______ | _______ | _______ | ||
Notes to the financial statements
Period ended 31 December 2021
1.
General information
The company is a private company limited by shares, registered in England & Wales. The address of the registered office is Second Floor, 32-33 Gosfield Street, London, W1W 6HL.
2.
Statement of compliance
3.
Accounting policies
Basis of preparation
Consolidation
Turnover
Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax.
Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.
Taxation
Fixed asset investments
Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses. Listed investments are measured at fair value with changes in fair value being recognised in profit or loss.
Impairment
Financial instruments
4.
Investments
Shares in group undertakings and participating interests | Total | ||
£ | £ | ||
Cost | |||
At 1 July 2020 and 31 December 2021 |
|
|
|
_______ | _______ | ||
Impairment | |||
At 1 July 2020 and 31 December 2021 | - | - | |
_______ | _______ | ||
Carrying amount | |||
At 31 December 2021 |
|
|
|
_______ | _______ | ||
At 30 June 2020 |
|
|
|
_______ | _______ | ||
During the year, the company acquired 100% of the share capital of Bike Shed Motorcycle Club Ltd and 84% of the share capital of Bike Shed Moto Inc by way of share for share exchanges.
5.
Debtors
31/12/21 | 30/06/20 | |||
£ | £ | |||
Amounts owed by group undertakings and undertakings in which the company has a participating interest |
|
|
||
Other debtors |
|
|
||
_______ | _______ | |||
|
|
|||
_______ | _______ | |||
6.
Creditors: amounts falling due within one year
31/12/21 | 30/06/20 | |||
£ | £ | |||
Other creditors |
|
|
||
_______ | _______ | |||
7.
Related party transactions
During the period the company entered into the following transactions with related parties:
Transaction value | Balance owed by/(owed to) | ||||
Period | Period | Period | Period | ||
ended | ended | ended | ended | ||
31/12/21 | 30/06/20 | 31/12/21 | 30/06/20 | ||
£ | £ | £ | £ | ||
Subsidiaries | - | - | 3,516,818 | 920,984 | |
_______ | _______ | _______ | _______ | ||
The company has made loans to its subsidiaries totalling £3,516,818 (2020 - £920,984).