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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 2017






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






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2017




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 2017







DIRECTOR: R J 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 2017

2017 2016
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 184,170 177,394
184,170 177,394

CURRENT ASSETS
Stocks 18,784 18,784
Debtors 6 56,683 113,856
Investments 7 50,000 50,000
Cash at bank and in hand 231,026 144,250
356,493 326,890
CREDITORS
Amounts falling due within one year 8 45,711 66,929
NET CURRENT ASSETS 310,782 259,961
TOTAL ASSETS LESS CURRENT
LIABILITIES

494,952

437,355

CAPITAL AND RESERVES
Called up share capital 9 100 100
Retained earnings 494,852 437,255
SHAREHOLDERS' FUNDS 494,952 437,355

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2017 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 2017


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 director on 26th October 2017 and were signed 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 2017

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, is being amortised evenly over its estimated useful life of five years.

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 .

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

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST MARCH 2017

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1st April 2016
and 31st March 2017 65,000
AMORTISATION
At 1st April 2016
and 31st March 2017 65,000
NET BOOK VALUE
At 31st March 2017 -
At 31st March 2016 -

5. TANGIBLE FIXED ASSETS
Freehold Plant and Motor Computer
property machinery vehicles equipment Totals
£    £    £    £    £   
COST
At 1st April 2016 10,205 271,476 76,584 3,467 361,732
Additions - 33,175 39,194 - 72,369
Disposals - (48,100 ) (8,015 ) - (56,115 )
At 31st March 2017 10,205 256,551 107,763 3,467 377,986
DEPRECIATION
At 1st April 2016 - 146,322 37,533 483 184,338
Charge for year - 25,521 13,513 746 39,780
Eliminated on disposal - (24,189 ) (6,113 ) - (30,302 )
At 31st March 2017 - 147,654 44,933 1,229 193,816
NET BOOK VALUE
At 31st March 2017 10,205 108,897 62,830 2,238 184,170
At 31st March 2016 10,205 125,154 39,051 2,984 177,394

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2017 2016
£    £   
Trade debtors 49,698 100,639
Other debtors - 5,514
Prepayments 6,985 7,703
56,683 113,856

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

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST MARCH 2017

7. CURRENT ASSET INVESTMENTS
2017 2016
£    £   
Unlisted investments 50,000 50,000

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2017 2016
£    £   
Trade creditors 3,789 7,275
Company Credit Card 1,287 1,697
Tax 7,961 3,255
Social security and other taxes 1,585 -
VAT 11,272 45,377
Other creditors 98 405
Directors' current accounts 3,647 5,872
Accruals and deferred income 16,072 3,048
45,711 66,929

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2017 2016
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 2017 was £3,647
(2016: £5,872)