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Company Registration No. 10880486 (England and Wales)
JJK FITNESS LTD Unaudited accounts for the year ended 31 December 2022
JJK FITNESS LTD Unaudited accounts Contents
Page
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JJK FITNESS LTD Company Information for the year ended 31 December 2022
Director
Mr J J Kelly
Company Number
10880486 (England and Wales)
Registered Office
41 Rockliffe Avenue Kings Langley Hertfordshire WD4 8DS
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JJK FITNESS LTD Statement of financial position as at 31 December 2022
2022 
2021 
Notes
£ 
£ 
Fixed assets
Tangible assets
84,187 
62,944 
Current assets
Debtors
83,418 
94,198 
Creditors: amounts falling due within one year
(131,685)
(141,309)
Net current liabilities
(48,267)
(47,111)
Total assets less current liabilities
35,920 
15,833 
Creditors: amounts falling due after more than one year
(35,648)
(41,203)
Net assets/(liabilities)
272 
(25,370)
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
172 
(25,470)
Shareholders' funds
272 
(25,370)
For the year ending 31 December 2022 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 26 September 2022 and were signed on its behalf by
Mr J J Kelly Director Company Registration No. 10880486
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JJK FITNESS LTD Notes to the Accounts for the year ended 31 December 2022
1
Statutory information
JJK FITNESS LTD is a private company, limited by shares, registered in England and Wales, registration number 10880486. The registered office is 41 Rockliffe Avenue, Kings Langley, Hertfordshire, WD4 8DS.
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:
Land & buildings
20% Straight Line
Plant & machinery
25% Straight Line
Fixtures & fittings
25% Straight Line
Going concern
The company's balance sheet shows an insolvent position at the balance sheet date. The director has arranged adequate funding to finance the company's continuing activities and to enable it to pay its debts as and when they fall due for payment, and accordingly considers that the company is a going concern and the financial statements have been prepared on this basis.
4
Tangible fixed assets
Land & buildings 
Plant & machinery 
Fixtures & fittings 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 January 2022
31,762 
102,548 
41,868 
176,178 
Additions
58,321 
2,000 
1,880 
62,201 
Disposals
- 
(2,764)
- 
(2,764)
At 31 December 2022
90,083 
101,784 
43,748 
235,615 
Depreciation
At 1 January 2022
7,675 
84,457 
21,102 
113,234 
Charge for the year
18,017 
13,170 
9,771 
40,958 
On disposals
- 
(2,764)
- 
(2,764)
At 31 December 2022
25,692 
94,863 
30,873 
151,428 
Net book value
At 31 December 2022
64,391 
6,921 
12,875 
84,187 
At 31 December 2021
24,087 
18,091 
20,766 
62,944 
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JJK FITNESS LTD Notes to the Accounts for the year ended 31 December 2022
5
Debtors
2022 
2021 
£ 
£ 
Amounts falling due within one year
Trade debtors
9,675 
- 
Other debtors
73,743 
94,198 
83,418 
94,198 
6
Creditors: amounts falling due within one year
2022 
2021 
£ 
£ 
Bank loans and overdrafts
17,740 
11,730 
VAT
38,365 
10,936 
Trade creditors
19,551 
9,264 
Taxes and social security
923 
875 
Other creditors
2,331 
67,141 
Loans from directors
46,762 
41,363 
Accruals
6,013 
- 
131,685 
141,309 
7
Creditors: amounts falling due after more than one year
2022 
2021 
£ 
£ 
Bank loans
35,648 
41,203 
8
Operating lease commitments
2022 
2021 
£ 
£ 
At 31 December 2022 the company had the following future minimum lease payments under non-cancellable operating leases for each of the following periods:
Not later than one year
42,396 
42,396 
Later than one year and not later than five years
133,056 
155,452 
175,452 
197,848 
9
Transactions with related parties
At the balance sheet date, JJK Fuel Ltd owed the company £71,517.00 (2021: £91,471). At the balance sheet date, JJK Fitness Retreats Ltd owed the company £1,666 (2021: £2,726). The director J J Kelly is a director of both companies. The loans are interest-free and repayable on demand.
10
Average number of employees
During the year the average number of employees was 2 (2021: 2).
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