SOUTH WEST ALLEGIANCE LTD

Company Registration Number:
12487780 (England and Wales)

Unaudited statutory accounts for the year ended 28 February 2023

Period of accounts

Start date: 01 March 2022

End date: 28 February 2023

SOUTH WEST ALLEGIANCE LTD

Contents of the Financial Statements

for the Period Ended 28 February 2023

Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Additional notes - 8
Balance sheet notes - 11

SOUTH WEST ALLEGIANCE LTD

Company Information

for the Period Ended 28 February 2023




Director: KARL LEARNIHAN
Registered office: Crossfit All Or Nothing
Pilton Quay
Barnstaple
England
EX31 1PB
Company Registration Number: 12487780 (England and Wales)

SOUTH WEST ALLEGIANCE LTD

Directors' Report Period Ended 28 February 2023

The directors present their report with the financial statements of the company for the period ended 28 February 2023

Principal Activities

Principal activity is group training CrossFit classes.

Company policy on the employment of disabled persons

one part time coach who is self employed is disabled.

Directors

The directors shown below have held office during the whole of the period from 01 March 2022 to 28 February 2023
KARL LEARNIHAN

This report was approved by the board of directors on 10 November 2023
And Signed On Behalf Of The Board By:

Name: KARL LEARNIHAN
Status: Director

SOUTH WEST ALLEGIANCE LTD

Profit and Loss Account

for the Period Ended 28 February 2023


Notes

2023
£

2022
£
Turnover 34,527 38,999
Cost of sales ( 863 ) ( 13,868 )
Gross Profit or (Loss) 33,664 25,131
Distribution Costs ( 0 ) -
Administrative Expenses ( 28,503 ) ( 48,212 )
Other operating income - 12,041
Operating Profit or (Loss) 5,161 ( 11,040 )
Interest Payable and Similar Charges - ( 300 )
Profit or (Loss) Before Tax 5,161 ( 11,340 )
Profit or (Loss) for Period 5,161 ( 11,340 )

The notes form part of these financial statements

SOUTH WEST ALLEGIANCE LTD

Balance sheet

As at 28 February 2023


Notes

2023
£

2022
£
Fixed assets
Tangible assets: 4 26,978 32,899
Total fixed assets: 26,978 32,899
Current assets
Cash at bank and in hand: 71 662
Total current assets: 71 662
Creditors: amounts falling due within one year: 5 ( 64,117 ) ( 79,901 )
Net current assets (liabilities): ( 64,046 ) ( 79,239 )
Total assets less current liabilities: ( 37,068 ) ( 46,340 )
Total net assets (liabilities): ( 37,068 ) ( 46,340 )

The notes form part of these financial statements

SOUTH WEST ALLEGIANCE LTD

Balance sheet continued

As at 28 February 2023


Notes

2023
£

2022
£
Capital and reserves
Called up share capital: 60 85
Profit and loss account: ( 37,128 ) ( 46,425 )
Shareholders funds: ( 37,068 ) ( 46,340 )

For the year ending 28 February 2023 the company was entitled to exemption 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 directors acknowledge their 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.

This report was approved by the board of directors on 10 November 2023
And Signed On Behalf Of The Board By:

Name: KARL LEARNIHAN
Status: Director

The notes form part of these financial statements

SOUTH WEST ALLEGIANCE LTD

Notes to the Financial Statements

for the Period Ended 28 February 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

SOUTH WEST ALLEGIANCE LTD

Notes to the Financial Statements

for the Period Ended 28 February 2023

  • 2. Employees


    2023

    2022
    Average number of employees during the period 1 1

    2 directors, none receive a wage each month. only if there is an amount after bills. There is 1 part time coach who is self employed and invoices the gym.

SOUTH WEST ALLEGIANCE LTD

Notes to the Financial Statements

for the Period Ended 28 February 2023

  • 3. Off balance sheet disclosure

    No

SOUTH WEST ALLEGIANCE LTD

Notes to the Financial Statements

for the Period Ended 28 February 2023

4. Tangible assets

Plant & machinery Fixtures & fittings Total
Cost £ £ £
At 01 March 2022 26,580 12,964 39,544
Additions - - -
Disposals - - -
Revaluations - - -
Transfers - - -
At 28 February 2023 26,580 12,964 39,544
Depreciation
At 01 March 2022 4,312 2,333 6,645
Charge for year 4,008 1,913 5,921
On disposals - - -
Other adjustments - - -
At 28 February 2023 8,320 4,246 12,566
Net book value
At 28 February 2023 18,260 8,718 26,978
At 28 February 2022 22,268 10,631 32,899

SOUTH WEST ALLEGIANCE LTD

Notes to the Financial Statements

for the Period Ended 28 February 2023

5.Creditors: amounts falling due within one year note


2023
£

2022
£
Bank loans and overdrafts 0 0
Amounts due under finance leases and hire purchase contracts 0 0
Trade creditors 0 0
Taxation and social security 0 0
Accruals and deferred income 0 0
Other creditors 64,117 79,901
Total 64,117 79,901

As at Feb 2023

Loans From Directors: £59,496
Other Creditors: £4,618

Barclaycard: £1984
Stripe Capital Cash Advance merchant: £1820
Youlend Cash Advance merchant: £1318