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REGISTERED NUMBER: 04055034 (England and Wales)










UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2023

FOR

NEWBODY FITNESS LIMITED

NEWBODY FITNESS LIMITED (REGISTERED NUMBER: 04055034)

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


NEWBODY FITNESS LIMITED

COMPANY INFORMATION
for the Year Ended 31 March 2023







DIRECTOR: J S Beauclair





REGISTERED OFFICE: Bank Gallery
High Street
Kenilworth
Warwickshire
CV8 1LY





REGISTERED NUMBER: 04055034 (England and Wales)





ACCOUNTANTS: Bernard Rogers & Co
Bank Gallery
High Street
Kenilworth
Warwickshire
CV8 1LY

NEWBODY FITNESS LIMITED (REGISTERED NUMBER: 04055034)

BALANCE SHEET
31 March 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 2,722 5,576

CURRENT ASSETS
Stocks 5,342 7,611
Debtors 5 105,217 80,498
Cash at bank 44,846 93,577
155,405 181,686
CREDITORS
Amounts falling due within one year 6 72,717 102,913
NET CURRENT ASSETS 82,688 78,773
TOTAL ASSETS LESS CURRENT
LIABILITIES

85,410

84,349

PROVISIONS FOR LIABILITIES 444 982
NET ASSETS 84,966 83,367

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 84,964 83,365
SHAREHOLDERS' FUNDS 84,966 83,367

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 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.

NEWBODY FITNESS LIMITED (REGISTERED NUMBER: 04055034)

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 director and authorised for issue on 28 September 2023 and were signed by:





J S Beauclair - Director


NEWBODY FITNESS LIMITED (REGISTERED NUMBER: 04055034)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31 March 2023


1. STATUTORY INFORMATION

Newbody Fitness 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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

NEWBODY FITNESS LIMITED (REGISTERED NUMBER: 04055034)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 March 2023


3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2022
and 31 March 2023 17,188
DEPRECIATION
At 1 April 2022 11,612
Charge for year 2,854
At 31 March 2023 14,466
NET BOOK VALUE
At 31 March 2023 2,722
At 31 March 2022 5,576

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 42,749 66,064
Amounts owed by participating interests - 13,275
Other debtors 62,468 1,159
105,217 80,498

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 14,610 7,614
Amounts owed to participating interests 6,725 -
Taxation and social security 23,815 25,588
Other creditors 27,567 69,711
72,717 102,913

NEWBODY FITNESS LIMITED (REGISTERED NUMBER: 04055034)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 March 2023


7. RELATED PARTY DISCLOSURES

At 31 March 2023 other debtors include loans made to J S Beauclair (director) by the company amounting to £61,300 (2022 £14,097 cr). The loans have since been repaid.

J S Beauclair (director) is also a director of the following company, which is registered in England. During the year the company made the following transactions with this associated party:

Results Fitness Limited:
- Loan balance included in creditors at 31 March 2023 £6,725 (2022 £13,275 dr).

In addition:

- Purchases £nil (2022 £750).
- Trade creditors £nil (2022 £nil).
- Sales £nil (2022 £480)
- Trade debtors £nil (2022 £nil)

8. CONTROLLING PARTY

The controlling party is J S Beauclair.