1 December 2020 false No description of principal activity Taxfiler 2022.8.3 SC350994business:PrivateLimitedCompanyLtd2020-12-012021-11-30 SC3509942020-11-30 SC3509942020-12-012021-11-30 SC350994business:AuditExemptWithAccountantsReport2020-12-012021-11-30 SC350994business:FullAccounts2020-12-012021-11-30 SC3509942021-11-30 SC350994business:Director12020-12-012021-11-30 SC350994business:RegisteredOffice2020-12-012021-11-30 SC3509942020-11-30 SC350994core:WithinOneYear2021-11-30 SC350994core:WithinOneYear2020-11-30 SC350994core:AfterOneYear2021-11-30 SC350994core:AfterOneYear2020-11-30 SC350994core:ShareCapital2021-11-30 SC350994core:ShareCapital2020-11-30 SC350994core:RetainedEarningsAccumulatedLosses2021-11-30 SC350994core:RetainedEarningsAccumulatedLosses2020-11-30 SC350994business:SmallEntities2020-12-012021-11-30 SC350994countries:Scotland2020-12-012021-11-30 SC350994core:PlantMachinery2020-12-012021-11-30 SC350994core:PlantMachinery2020-11-30 SC350994core:FurnitureFittings2020-11-30 SC350994core:FurnitureFittings2020-12-012021-11-30 SC350994core:PlantMachinery2021-11-30 SC350994core:FurnitureFittings2021-11-30 SC350994business:OrdinaryShareClass12020-12-012021-11-30 SC350994business:OrdinaryShareClass12019-12-012020-11-30 SC3509942019-12-012020-11-30 iso4217:GBP xbrli:shares xbrli:pure
Company Registration No. SC350994 (Scotland)
Peak Fitness 4 U Limited Unaudited accounts for the year ended 30 November 2021
Peak Fitness 4 U Limited Unaudited accounts Contents
Page
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Peak Fitness 4 U Limited Company Information for the year ended 30 November 2021
Director
Anthony Murray
Company Number
SC350994 (Scotland)
Registered Office
C/O SCOTTISH TAX BUREAU 94 HOPE STREET GLASGOW G2 6PH
Accountants
Scottish Tax Bureau 94 Hope Street Glasgow G2 6PH
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Peak Fitness 4 U Limited Statement of financial position as at 30 November 2021
2021 
2020 
Notes
£ 
£ 
Fixed assets
Tangible assets
51,842 
57,848 
Current assets
Inventories
- 
20 
Cash at bank and in hand
38,753 
844 
38,753 
864 
Creditors: amounts falling due within one year
(52,438)
(37,489)
Net current liabilities
(13,685)
(36,625)
Total assets less current liabilities
38,157 
21,223 
Creditors: amounts falling due after more than one year
(93,635)
(133,848)
Net liabilities
(55,478)
(112,625)
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
(55,480)
(112,627)
Shareholders' funds
(55,478)
(112,625)
For the year ending 30 November 2021 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 director acknowledges his 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 and authorised for issue on 17 August 2022 and were signed on its behalf by
Anthony Murray Director Company Registration No. SC350994
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Peak Fitness 4 U Limited Notes to the Accounts for the year ended 30 November 2021
1
Statutory information
Peak Fitness 4 U Limited is a private company, limited by shares, registered in Scotland, registration number SC350994. The registered office is C/O SCOTTISH TAX BUREAU, 94 HOPE STREET, GLASGOW, G2 6PH.
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.
Turnover
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% reducing balance
4
Tangible fixed assets
Plant & machinery 
Fixtures & fittings 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 December 2020
99,307 
40,773 
140,080 
Additions
6,955 
- 
6,955 
At 30 November 2021
106,262 
40,773 
147,035 
Depreciation
At 1 December 2020
68,552 
13,680 
82,232 
Charge for the year
7,542 
5,419 
12,961 
At 30 November 2021
76,094 
19,099 
95,193 
Net book value
At 30 November 2021
30,168 
21,674 
51,842 
At 30 November 2020
30,755 
27,093 
57,848 
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Peak Fitness 4 U Limited Notes to the Accounts for the year ended 30 November 2021
5
Creditors: amounts falling due within one year
2021 
2020 
£ 
£ 
Bank loans and overdrafts
34,843 
32,924 
VAT
7,759 
- 
Trade creditors
840 
4,200 
Taxes and social security
792 
365 
Other creditors
3,660 
- 
Loans from directors
4,544 
- 
52,438 
37,489 
6
Creditors: amounts falling due after more than one year
2021 
2020 
£ 
£ 
Bank loans
71,980 
103,548 
Other creditors
21,655 
30,300 
93,635 
133,848 
7
Share capital
2021 
2020 
£ 
£ 
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2 
2 
8
Average number of employees
During the year the average number of employees was 14 (2020: 3).
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