Registered number
11262062
Impact Gym (Manchester) Ltd
Filleted Accounts
28 February 2023
Impact Gym (Manchester) Ltd
Registered number: 11262062
Balance Sheet
as at 28 February 2023
Notes 2023 2022
£ £
Fixed assets
Intangible assets - -
Tangible assets 3 9,366 11,423
9,366 11,423
Current assets
Stocks - -
Debtors 4 - -
Cash at bank and in hand 1,337 2,518
1,337 2,518
Creditors: amounts falling due within one year 5 - -
Net current assets 1,337 2,518
Total assets less current liabilities 10,703 13,941
Creditors: amounts falling due after more than one year 6 (16,687) (20,143)
Net liabilities (5,984) (6,202)
Capital and reserves
Called up share capital 10 10
Profit and loss account (5,994) (6,212)
Shareholder's funds (5,984) (6,202)
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 member has 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.
Jaman CHOWDHURY
Director
Approved by the board on 27 November 2023
Impact Gym (Manchester) Ltd
Notes to the Accounts
for the year ended 28 February 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 (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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 18% pa on Reducing Balance
Fixtures, fittings, tools and equipment 18% pa on Reducing Balance
Number Number
Average number of persons employed by the company 2 2
3 Tangible fixed assets
Land and buildings Plant and machinery etc Motor vehicles Total
£ £ £ £
Cost
At 1 March 2022 - 25,000 - 25,000
Additions - - - -
Surplus on revaluation - - - -
Disposals - - - -
At 28 February 2023 - 25,000 - 25,000
Depreciation
At 1 March 2022 - 13,577 - 13,577
Charge for the year - 2,057 - 2,057
Surplus on revaluation - - - -
On disposals - - - -
At 28 February 2023 - 15,634 - 15,634
Net book value
At 28 February 2023 - 9,366 - 9,366
At 28 February 2022 - 11,423 - 11,423
4 Debtors 2023 2022
£ £
Trade debtors - -
Other debtors - -
- -
Amounts due after more than one year included above - -
5 Creditors: amounts falling due within one year 2023 2022
£ £
Trade creditors - -
Taxation and social security costs - -
- -
6 Creditors: amounts falling due after one year 2023 2022
£ £
Bank loans 12,500 15,956
Trade creditors 4,000 4,000
Other creditors 187 187
16,687 20,143
7 Other information
Impact Gym (Manchester) Ltd is a private company limited by shares and incorporated in England. Its registered office is:
107 Hardwick Street
Rochdale, Lancashire.
OL11 1QJ
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