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REGISTERED NUMBER: 08940062 (England and Wales)















The Body Coach Online Nutrition Limited

Unaudited Financial Statements For The Year Ended 31 March 2023






The Body Coach Online Nutrition Limited (Registered number: 08940062)






Contents of the Financial Statements
For The Year Ended 31 March 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


The Body Coach Online Nutrition Limited

Company Information
For The Year Ended 31 March 2023







DIRECTORS: J T Wicks
N T Wicks





REGISTERED OFFICE: Oriel House
The Quadrant
Richmond
TW9 1DL





REGISTERED NUMBER: 08940062 (England and Wales)





ACCOUNTANTS: Huddart
Chartered Accountants
164 Walkden Road
Walkden
Worsley
Manchester
M28 7DP

The Body Coach Online Nutrition Limited (Registered number: 08940062)

Balance Sheet
31 March 2023

2023 2022
Notes £    £   
FIXED ASSETS
Intangible assets 4 6,070,968 6,384,197
Tangible assets 5 76,387 92,586
6,147,355 6,476,783

CURRENT ASSETS
Debtors 6 2,154,735 3,001,438
Cash at bank 384,661 1,140,451
2,539,396 4,141,889
CREDITORS
Amounts falling due within one year 7 (3,338,421 ) (4,114,753 )
NET CURRENT (LIABILITIES)/ASSETS (799,025 ) 27,136
TOTAL ASSETS LESS CURRENT
LIABILITIES

5,348,330

6,503,919

PROVISIONS FOR LIABILITIES 8 (733,868 ) (1,222,866 )
NET ASSETS 4,614,462 5,281,053

CAPITAL AND RESERVES
Called up share capital 3 3
Retained earnings 4,614,459 5,281,050
4,614,462 5,281,053

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2023 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.

The Body Coach Online Nutrition Limited (Registered number: 08940062)

Balance Sheet - continued
31 March 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 6 October 2023 and were signed on its behalf by:





J T Wicks - Director


The Body Coach Online Nutrition Limited (Registered number: 08940062)

Notes to the Financial Statements
For The Year Ended 31 March 2023

1. STATUTORY INFORMATION

The Body Coach Online Nutrition 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 Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" 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.

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.

Development costs are being amortised evenly over their estimated useful life of three years.

Computer software is being amortised evenly over its estimated useful life of three years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 25% on reducing balance
Motor vehicles - 25% straight line
Computer equipment - 25% straight line

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

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.

The Body Coach Online Nutrition Limited (Registered number: 08940062)

Notes to the Financial Statements - continued
For The Year Ended 31 March 2023

2. ACCOUNTING POLICIES - continued

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 35 (2022 - 21 ) .

4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST
At 1 April 2022 8,642,860
Additions 1,111,215
At 31 March 2023 9,754,075
AMORTISATION
At 1 April 2022 2,258,663
Charge for year 1,424,444
At 31 March 2023 3,683,107
NET BOOK VALUE
At 31 March 2023 6,070,968
At 31 March 2022 6,384,197

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2022 143,733
Additions 16,919
Disposals (18,668 )
At 31 March 2023 141,984
DEPRECIATION
At 1 April 2022 51,147
Charge for year 33,011
Eliminated on disposal (18,561 )
At 31 March 2023 65,597
NET BOOK VALUE
At 31 March 2023 76,387
At 31 March 2022 92,586

The Body Coach Online Nutrition Limited (Registered number: 08940062)

Notes to the Financial Statements - continued
For The Year Ended 31 March 2023

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 321,295 308,300
Other debtors 1,833,440 2,693,138
2,154,735 3,001,438

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 899,870 1,771,626
Taxation and social security 102,480 83,794
Other creditors 2,336,071 2,259,333
3,338,421 4,114,753

8. PROVISIONS FOR LIABILITIES
2023 2022
£    £   
Deferred tax 733,868 1,222,866

Deferred
tax
£   
Balance at 1 April 2022 1,222,866
Provided during year (488,998 )
Balance at 31 March 2023 733,868

9. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

As at 31st March 2023 Mr J Wicks was owed £491 (2022 £572)

As at 31st March 2023 Mr N Wicks was owed £200,000 (2022 £Nil)

10. ULTIMATE CONTROLLING PARTY

The Body Coach Online Nutrition Limited is a wholly owned subsidiary of BCONH Limited