Go-Moto-Bike Limited

Go-Moto-Bike Limited

GO-MOTO-BIKE LIMITED - Company Information

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1 October 2019 false No description of principal activity Taxfiler 2021.7 5537339business:PrivateLimitedCompanyLtd2019-10-012020-09-30 55373392019-09-30 55373392019-10-012020-09-30 5537339business:AuditExempt-NoAccountantsReport2019-10-012020-09-30 5537339business:FullAccounts2019-10-012020-09-30 55373392020-09-30 5537339business:Director12019-10-012020-09-30 5537339business:Director22019-10-012020-09-30 5537339business:CompanySecretary12019-10-012020-09-30 5537339business:RegisteredOffice2019-10-012020-09-30 55373392019-09-30 5537339core:WithinOneYear2020-09-30 5537339core:WithinOneYear2019-09-30 5537339core:AfterOneYear2020-09-30 5537339core:AfterOneYear2019-09-30 5537339core:ShareCapital2020-09-30 5537339core:ShareCapital2019-09-30 5537339core:RetainedEarningsAccumulatedLosses2020-09-30 5537339core:RetainedEarningsAccumulatedLosses2019-09-30 5537339business:SmallEntities2019-10-012020-09-30 5537339countries:EnglandWales2019-10-012020-09-30 5537339core:PlantMachinery2019-10-012020-09-30 5537339core:MotorVehicles2019-10-012020-09-30 5537339core:FurnitureFittings2019-10-012020-09-30 5537339core:ComputerEquipment2019-10-012020-09-30 5537339core:PlantMachinery2019-09-30 5537339core:MotorVehicles2019-09-30 5537339core:FurnitureFittings2019-09-30 5537339core:ComputerEquipment2019-09-30 5537339core:PlantMachinery2020-09-30 5537339core:MotorVehicles2020-09-30 5537339core:FurnitureFittings2020-09-30 5537339core:ComputerEquipment2020-09-30 55373392018-10-012019-09-30 iso4217:GBP xbrli:pure
Company Registration No. 5537339 (England and Wales)
Go-Moto-Bike Limited Unaudited accounts for the year ended 30 September 2020
Go-Moto-Bike Limited Unaudited accounts Contents
Page
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Go-Moto-Bike Limited Company Information for the year ended 30 September 2020
Directors
C D Haines N J Tweed
Secretary
C D Haines
Company Number
5537339 (England and Wales)
Registered Office
The Studio Old Gloucester Road Ross on Wye Herefordshire HR9 5JG United Kingdom
Accountants
Kings Accountancy Ltd Suite 2 Offices Cantilupe Road Ross on Wye Herefordshire HR9 7AN
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Go-Moto-Bike Limited Statement of financial position as at 30 September 2020
2020 
2019 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
21,272 
14,322 
Current assets
Cash at bank and in hand
15,548 
4,653 
Creditors: amounts falling due within one year
5
(10,063)
(5,981)
Net current assets/(liabilities)
5,485 
(1,328)
Total assets less current liabilities
26,757 
12,994 
Creditors: amounts falling due after more than one year
6
(2,528)
- 
Provisions for liabilities
Deferred tax
(4,042)
(2,721)
Net assets
20,187 
10,273 
Capital and reserves
Called up share capital
3 
3 
Profit and loss account
20,184 
10,270 
Shareholders' funds
20,187 
10,273 
For the year ending 30 September 2020 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 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 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 of Directors and authorised for issue on 25 June 2021 and were signed on its behalf by
C D Haines Director Company Registration No. 5537339
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Go-Moto-Bike Limited Notes to the Accounts for the year ended 30 September 2020
1
Statutory information
Go-Moto-Bike Limited is a private company, limited by shares, registered in England and Wales, registration number 5537339. The registered office is The Studio, Old Gloucester Road, Ross on Wye, Herefordshire, HR9 5JG, 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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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
25% reducing balance
Motor vehicles
25% reducing balance
Fixtures & fittings
25% reducing balance
Computer equipment
33% straight line
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At cost 
At 1 October 2019
6,797 
47,713 
6,054 
3,154 
63,718 
Additions
- 
14,962 
- 
- 
14,962 
At 30 September 2020
6,797 
62,675 
6,054 
3,154 
78,680 
Depreciation
At 1 October 2019
6,523 
35,330 
5,789 
1,754 
49,396 
Charge for the year
69 
6,836 
66 
1,041 
8,012 
At 30 September 2020
6,592 
42,166 
5,855 
2,795 
57,408 
Net book value
At 30 September 2020
205 
20,509 
199 
359 
21,272 
At 30 September 2019
274 
12,383 
265 
1,400 
14,322 
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Go-Moto-Bike Limited Notes to the Accounts for the year ended 30 September 2020
5
Creditors: amounts falling due within one year
2020 
2019 
£ 
£ 
Obligations under finance leases and hire purchase contracts
4,854 
- 
Taxes and social security
4,523 
3,093 
Loans from directors
8 
2,210 
Accruals
678 
678 
10,063 
5,981 
6
Creditors: amounts falling due after more than one year
2020 
2019 
£ 
£ 
Obligations under finance leases and hire purchase contracts
2,528 
- 
7
Average number of employees
During the year the average number of employees was 2 (2019: 2).
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