Silverfin false 31/03/2023 01/04/2022 31/03/2023 Mr M J Day 08/06/2021 Mr R E Day 08/06/2021 Mrs M D Day 08/06/2021 23 November 2023 The principal activity of this company is providing fitness facilities. 13444015 2023-03-31 13444015 bus:Director1 2023-03-31 13444015 bus:Director2 2023-03-31 13444015 bus:Director3 2023-03-31 13444015 2022-03-31 13444015 core:CurrentFinancialInstruments 2023-03-31 13444015 core:CurrentFinancialInstruments 2022-03-31 13444015 core:Non-currentFinancialInstruments 2023-03-31 13444015 core:Non-currentFinancialInstruments 2022-03-31 13444015 core:ShareCapital 2023-03-31 13444015 core:ShareCapital 2022-03-31 13444015 core:RetainedEarningsAccumulatedLosses 2023-03-31 13444015 core:RetainedEarningsAccumulatedLosses 2022-03-31 13444015 core:PlantMachinery 2022-03-31 13444015 core:OfficeEquipment 2022-03-31 13444015 core:PlantMachinery 2023-03-31 13444015 core:OfficeEquipment 2023-03-31 13444015 bus:OrdinaryShareClass1 2023-03-31 13444015 2022-04-01 2023-03-31 13444015 bus:FullAccounts 2022-04-01 2023-03-31 13444015 bus:SmallEntities 2022-04-01 2023-03-31 13444015 bus:AuditExemptWithAccountantsReport 2022-04-01 2023-03-31 13444015 bus:PrivateLimitedCompanyLtd 2022-04-01 2023-03-31 13444015 bus:Director1 2022-04-01 2023-03-31 13444015 bus:Director2 2022-04-01 2023-03-31 13444015 bus:Director3 2022-04-01 2023-03-31 13444015 core:PlantMachinery core:TopRangeValue 2022-04-01 2023-03-31 13444015 core:OfficeEquipment core:TopRangeValue 2022-04-01 2023-03-31 13444015 2021-04-01 2022-03-31 13444015 core:PlantMachinery 2022-04-01 2023-03-31 13444015 core:OfficeEquipment 2022-04-01 2023-03-31 13444015 core:Non-currentFinancialInstruments 2022-04-01 2023-03-31 13444015 bus:OrdinaryShareClass1 2022-04-01 2023-03-31 13444015 bus:OrdinaryShareClass1 2021-04-01 2022-03-31 iso4217:GBP xbrli:pure xbrli:shares

Company No: 13444015 (England and Wales)

MINTFIT LEISURE LIMITED

Unaudited Financial Statements
For the financial year ended 31 March 2023
Pages for filing with the registrar

MINTFIT LEISURE LIMITED

Unaudited Financial Statements

For the financial year ended 31 March 2023

Contents

MINTFIT LEISURE LIMITED

BALANCE SHEET

As at 31 March 2023
MINTFIT LEISURE LIMITED

BALANCE SHEET (continued)

As at 31 March 2023
Note 2023 2022
£ £
Fixed assets
Tangible assets 3 22,244 13,239
22,244 13,239
Current assets
Cash at bank and in hand 1,007 750
1,007 750
Creditors: amounts falling due within one year 4 ( 12,404) ( 8,129)
Net current liabilities (11,397) (7,379)
Total assets less current liabilities 10,847 5,860
Creditors: amounts falling due after more than one year 5 ( 3,886) ( 8,549)
Net assets/(liabilities) 6,961 ( 2,689)
Capital and reserves
Called-up share capital 6 120 120
Profit and loss account 6,841 ( 2,809 )
Total shareholders' funds/(deficit) 6,961 ( 2,689)

For the financial year ending 31 March 2023 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The financial statements of MintFit Leisure Limited (registered number: 13444015) were approved and authorised for issue by the Director on 23 November 2023. They were signed on its behalf by:

Mr R E Day
Director
MINTFIT LEISURE LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 March 2023
MINTFIT LEISURE LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 March 2023
1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

MintFit Leisure Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is New Trevibban Farm, St Issey, Wadebridge, Cornwall, PL27 7SE, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Going concern

The directors have assessed the Balance Sheet and likely future cash flows at the date of approving these financial statements. The directors have a reasonable expectation that the Company has adequate resources to continue in operational existence and to meet its financial obligations as they fall due for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

Turnover

Turnover is stated net of VAT and trade discounts and is recognised when the significant risks and rewards are considered to have been transferred to the buyer.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line basis over its expected useful life, as follows:

Plant and machinery 4 years straight line
Office equipment 3 years straight line

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Balance Sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the Profit and Loss Account as described below.

2. Employees

2023 2022
Number Number
Monthly average number of persons employed by the Company during the year, including directors 3 3

3. Tangible assets

Plant and machinery Office equipment Total
£ £ £
Cost
At 01 April 2022 17,652 0 17,652
Additions 11,747 2,981 14,728
At 31 March 2023 29,399 2,981 32,380
Accumulated depreciation
At 01 April 2022 4,413 0 4,413
Charge for the financial year 4,978 745 5,723
At 31 March 2023 9,391 745 10,136
Net book value
At 31 March 2023 20,008 2,236 22,244
At 31 March 2022 13,239 0 13,239
Leased assets included above:
Net book value
At 31 March 2023 6,995 0 6,995
At 31 March 2022 10,493 0 10,493

4. Creditors: amounts falling due within one year

2023 2022
£ £
Trade creditors 0 182
Obligations under finance leases and hire purchase contracts 4,663 4,663
Other creditors 7,741 3,284
12,404 8,129

5. Creditors: amounts falling due after more than one year

2023 2022
£ £
Obligations under finance leases and hire purchase contracts 3,886 8,549

There are no amounts included above in respect of which any security has been given by the small entity.

6. Called-up share capital

2023 2022
£ £
Allotted, called-up and fully-paid
120 Ordinary shares of £ 1.00 each 120 120