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REGISTERED NUMBER: 06544130 (England and Wales)















BACK-ON-TRACK MOUNTAIN BIKE SOLUTIONS
LIMITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST MARCH 2018






BACK-ON-TRACK MOUNTAIN BIKE SOLUTIONS
LIMITED (REGISTERED NUMBER: 06544130)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2018




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


BACK-ON-TRACK MOUNTAIN BIKE SOLUTIONS
LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31ST MARCH 2018







DIRECTORS: R J Sorrell
E A Sorrell





SECRETARY: E A Sorrell





REGISTERED OFFICE: Upper Cwmhir
Jerusalem Lane
Pontypool
NP4 0TU





REGISTERED NUMBER: 06544130 (England and Wales)





ACCOUNTANTS: Green & Co
Chartered Certified Accountants
Pembroke House
Llantarnam Park Way
Cwmbran
Torfaen
NP44 3AU

BACK-ON-TRACK MOUNTAIN BIKE SOLUTIONS
LIMITED (REGISTERED NUMBER: 06544130)

BALANCE SHEET
31ST MARCH 2018

2018 2017
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 144,962 184,170
144,962 184,170

CURRENT ASSETS
Stocks - 18,784
Debtors 6 66,134 56,683
Investments 7 - 50,000
Cash at bank and in hand 409,793 231,026
475,927 356,493
CREDITORS
Amounts falling due within one year 8 210,447 45,711
NET CURRENT ASSETS 265,480 310,782
TOTAL ASSETS LESS CURRENT
LIABILITIES

410,442

494,952

PROVISIONS FOR LIABILITIES 22,016 -
NET ASSETS 388,426 494,952

CAPITAL AND RESERVES
Called up share capital 9 100 100
Retained earnings 388,326 494,852
SHAREHOLDERS' FUNDS 388,426 494,952

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2018 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.

BACK-ON-TRACK MOUNTAIN BIKE SOLUTIONS
LIMITED (REGISTERED NUMBER: 06544130)

BALANCE SHEET - continued
31ST MARCH 2018


The financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors on 18th October 2018 and were signed on its behalf
by:





R J Sorrell - Director


BACK-ON-TRACK MOUNTAIN BIKE SOLUTIONS
LIMITED (REGISTERED NUMBER: 06544130)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2018

1. STATUTORY INFORMATION

Back-on-track Mountain Bike Solutions 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 the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" 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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2008, was amortised evenly
over its estimated useful life of five years. This was fully amortised in 2013.

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 - 20% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 25% 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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the
lease.

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 7 (2017 - 7 ) .

BACK-ON-TRACK MOUNTAIN BIKE SOLUTIONS
LIMITED (REGISTERED NUMBER: 06544130)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST MARCH 2018

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1st April 2017
and 31st March 2018 65,000
AMORTISATION
At 1st April 2017
and 31st March 2018 65,000
NET BOOK VALUE
At 31st March 2018 -
At 31st March 2017 -

5. TANGIBLE FIXED ASSETS
Freehold Plant and Motor Computer
property machinery vehicles equipment Totals
£    £    £    £    £   
COST
At 1st April 2017 10,205 256,551 107,763 3,467 377,986
Disposals - - (6,500 ) - (6,500 )
At 31st March 2018 10,205 256,551 101,263 3,467 371,486
DEPRECIATION
At 1st April 2017 - 147,654 44,933 1,229 193,816
Charge for year - 21,783 15,323 560 37,666
Eliminated on disposal - - (4,958 ) - (4,958 )
At 31st March 2018 - 169,437 55,298 1,789 226,524
NET BOOK VALUE
At 31st March 2018 10,205 87,114 45,965 1,678 144,962
At 31st March 2017 10,205 108,897 62,830 2,238 184,170

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2018 2017
£    £   
Trade debtors 51,474 49,698
Other debtors 7,961 -
Prepayments 6,699 6,985
66,134 56,683

BACK-ON-TRACK MOUNTAIN BIKE SOLUTIONS
LIMITED (REGISTERED NUMBER: 06544130)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST MARCH 2018

7. CURRENT ASSET INVESTMENTS
2018 2017
£    £   
Unlisted investments - 50,000

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2018 2017
£    £   
Trade creditors 855 3,789
Company Credit Card 1,595 1,287
Tax - 7,961
Social security and other taxes 1,986 1,585
VAT 8,720 11,272
Other creditors (5 ) 98
Directors' current accounts 5,096 3,647
Accruals and deferred income 3,200 16,072
Accrued expenses 189,000 -
210,447 45,711

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2018 2017
value: £    £   
95 Ordinary A £1 95 95
5 Ordinary B £1 5 5
100 100

10. RELATED PARTY DISCLOSURES

The balance of the Directors' Loan Account for Mr R J Sorrell as at 31st March 2018 was £5,096 (2017 -
£3,647)