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REGISTERED NUMBER: 07514586 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 FEBRUARY 2023

FOR

CROSSFIT HERTFORD LIMITED

CROSSFIT HERTFORD LIMITED (REGISTERED NUMBER: 07514586)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 28 February 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


CROSSFIT HERTFORD LIMITED

COMPANY INFORMATION
for the Year Ended 28 February 2023







DIRECTOR: C W Hines





REGISTERED OFFICE: 54 Sun Street
Waltham Abbey
Essex
EN9 1EJ





REGISTERED NUMBER: 07514586 (England and Wales)





ACCOUNTANTS: KNIGHT WHEELER LIMITED
Chartered Accountants
54 Sun Street
Waltham Abbey
Essex
EN9 1EJ

CROSSFIT HERTFORD LIMITED (REGISTERED NUMBER: 07514586)

BALANCE SHEET
28 February 2023

2023 2022
Notes £    £   
FIXED ASSETS
Tangible assets 4 111,981 154,206

CURRENT ASSETS
Debtors 5 5,072 5,072
Cash at bank 26,099 25,867
31,171 30,939
CREDITORS
Amounts falling due within one year 6 (44,192 ) (75,748 )
NET CURRENT LIABILITIES (13,021 ) (44,809 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

98,960

109,397

CREDITORS
Amounts falling due after more than one
year

7

(13,860

)

(18,969

)
NET ASSETS 85,100 90,428

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 85,099 90,427
85,100 90,428

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

CROSSFIT HERTFORD LIMITED (REGISTERED NUMBER: 07514586)

BALANCE SHEET - continued
28 February 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 director and authorised for issue on 23 October 2023 and were signed by:





C W Hines - Director


CROSSFIT HERTFORD LIMITED (REGISTERED NUMBER: 07514586)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 28 February 2023

1. STATUTORY INFORMATION

Crossfit Hertford 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.

The presentation currency of the financial statement is the Pound Sterling (£) which is the functional currency of the company and rounded to the nearest £.

The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated.

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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Improvements to property - 10% on cost
Equipment - 10% on cost
Fixtures and fittings - 15% on cost
Motor vehicles - 25% on cost

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.

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.

CROSSFIT HERTFORD LIMITED (REGISTERED NUMBER: 07514586)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 28 February 2023

2. ACCOUNTING POLICIES - continued

Debtors and creditors receivable/payable within one year
Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.

Cash and cash equivalents
Cash and cash equivalents in the balance sheet comprise cash at banks and in hand and any short term deposits

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2022 - 6 ) .

4. TANGIBLE FIXED ASSETS
Improvements Fixtures
to and Motor
property Equipment fittings vehicles Totals
£    £    £    £    £   
COST
At 1 March 2022 4,323 282,502 58,093 32,982 377,900
Additions - 3,798 - - 3,798
At 28 February 2023 4,323 286,300 58,093 32,982 381,698
DEPRECIATION
At 1 March 2022 432 184,714 22,057 16,491 223,694
Charge for year 433 28,630 8,714 8,246 46,023
At 28 February 2023 865 213,344 30,771 24,737 269,717
NET BOOK VALUE
At 28 February 2023 3,458 72,956 27,322 8,245 111,981
At 28 February 2022 3,891 97,788 36,036 16,491 154,206

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Other debtors 5,072 5,072

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Hire purchase contracts 5,108 5,108
Tax 10,468 9,827
Social security and other taxes 2,102 2,323
VAT 13,208 13,916
Other creditors 11,773 8,306
Directors' current accounts 633 -
Directors' loan accounts - 35,368
Accrued expenses 900 900
44,192 75,748

CROSSFIT HERTFORD LIMITED (REGISTERED NUMBER: 07514586)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 28 February 2023

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Hire purchase contracts 13,860 18,969

8. OTHER FINANCIAL COMMITMENTS

There were other financial commitments of £120,000 as at the balance sheet date.