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Company Registration No. 12006596 (England and Wales)
Pretty Fit Studio Ltd Unaudited accounts for the year ended 31 May 2023
Pretty Fit Studio Ltd Unaudited accounts Contents
Page
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Pretty Fit Studio Ltd Company Information for the year ended 31 May 2023
Director
Devon Louisa Nelson Baynton
Company Number
12006596 (England and Wales)
Registered Office
1 Testbourne Close Totton Southampton SO40 8BT England
Accountants
365 Accounts Ltd 44 Brookwood Road millbrook Southampton Hampshire SO16 9AJ
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Pretty Fit Studio Ltd Statement of financial position as at 31 May 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Intangible assets
7,700 
8,800 
Tangible assets
11,412 
14,347 
19,112 
23,147 
Current assets
Debtors
658 
- 
Cash at bank and in hand
- 
793 
658 
793 
Creditors: amounts falling due within one year
(23,111)
(11,114)
Net current liabilities
(22,453)
(10,321)
Total assets less current liabilities
(3,341)
12,826 
Creditors: amounts falling due after more than one year
(9,272)
(12,707)
Net (liabilities)/assets
(12,613)
119 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
(12,713)
19 
Shareholders' funds
(12,613)
119 
For the year ending 31 May 2023 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 her 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 7 October 2023 and were signed on its behalf by
Devon Louisa Nelson Baynton Director Company Registration No. 12006596
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Pretty Fit Studio Ltd Notes to the Accounts for the year ended 31 May 2023
1
Statutory information
Pretty Fit Studio Ltd is a private company, limited by shares, registered in England and Wales, registration number 12006596. The registered office is 1 Testbourne Close, Totton , Southampton, SO40 8BT, England.
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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Intangible fixed assets
Intangible fixed assets (including goodwill and patents) are included at cost less accumulated amortisation. Intangibles are amortised on a straight line basis over 10 years.
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 Method
Fixtures & fittings
15% Reducing Balance Method
Computer equipment
33.33% Reducing Balance Method
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Pretty Fit Studio Ltd Notes to the Accounts for the year ended 31 May 2023
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 June 2022
11,000 
At 31 May 2023
11,000 
Amortisation
At 1 June 2022
2,200 
Charge for the year
1,100 
At 31 May 2023
3,300 
Net book value
At 31 May 2023
7,700 
At 31 May 2022
8,800 
5
Tangible fixed assets
Plant & machinery 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 June 2022
15,607 
3,986 
1,245 
20,838 
Additions
- 
433 
- 
433 
At 31 May 2023
15,607 
4,419 
1,245 
21,271 
Depreciation
At 1 June 2022
4,772 
1,106 
613 
6,491 
Charge for the year
2,709 
448 
211 
3,368 
At 31 May 2023
7,481 
1,554 
824 
9,859 
Net book value
At 31 May 2023
8,126 
2,865 
421 
11,412 
At 31 May 2022
10,835 
2,880 
632 
14,347 
6
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Other debtors
658 
- 
7
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
3,920 
3,800 
VAT
347 
2,683 
Trade creditors
- 
1,254 
Taxes and social security
628 
1,385 
Other creditors
16,500 
- 
Loans from directors
103 
(234)
Accruals
1,613 
2,226 
23,111 
11,114 
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Pretty Fit Studio Ltd Notes to the Accounts for the year ended 31 May 2023
8
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
9,272 
12,707 
9
Average number of employees
During the year the average number of employees was 1 (2022: 1).
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