Registered number
07316483
BS Gym Limited
Report and Accounts
31 July 2023
BS Gym Limited
Report to the director on the preparation of the unaudited statutory accounts of BS Gym Limited for the year ended 31 July 2023
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of BS Gym Limited for the year ended 31 July 2023 which comprise of the Profit and Loss Account, the Balance Sheet and the related notes from the company’s accounting records and from information and explanations you have given us.
As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at
http://rulebook.accaglobal.com/
Our work has been undertaken in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163.
Coalesco Accountants Limited
Chartered Certified Accountants
156 Russell Drive
Wollaton
Nottingham
Nottinghamshire
NG8 2BE
25 September 2023
BS Gym Limited
Registered number: 07316483
Balance Sheet
as at 31 July 2023
Notes 2023 2022
£ £
Fixed assets
Tangible assets 3 5,191 6,921
Current assets
Cash at bank and in hand 36,693 32,617
Creditors: amounts falling due within one year 4 (719) (719)
Net current assets 35,974 31,898
Net assets 41,165 38,819
Capital and reserves
Capital contribution reserve 19,928 19,928
Profit and loss account 21,237 18,891
Shareholders' funds 41,165 38,819
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
E Irvine
Director
Approved by the board on 25 September 2023
BS Gym Limited
Notes to the Accounts
for the year ended 31 July 2023
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland.
Turnover
Turnover represents subscriptions received from members.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Plant and machinery 25% straight line
Taxation
The company was exempt from corporation tax throughout the year, which has been agreed with HM Revenue and Customs due to only trading with members.
2 Employees 2023 2022
Number Number
Average number of persons employed by the company 2 2
3 Tangible fixed assets
Plant and machinery etc
£
Cost
At 1 August 2022 62,118
At 31 July 2023 62,118
Depreciation
At 1 August 2022 55,197
Charge for the year 1,730
At 31 July 2023 56,927
Net book value
At 31 July 2023 5,191
At 31 July 2022 6,921
4 Creditors: amounts falling due within one year 2023 2022
£ £
Other creditors 719 719
5 Other information
BS Gym Limited is a private company limited by shares and incorporated in England. Its registered office is:
24 Elswick Drive
Beeston
Nottingham
NG9 1NQ
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