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REGISTERED NUMBER: 11181623 (England and Wales)















Unaudited Financial Statements for the Year Ended 28 February 2023

for

SOUTH AUDLEY FITNESS LIMITED

SOUTH AUDLEY FITNESS LIMITED (REGISTERED NUMBER: 11181623)






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

Report of the Accountants 7

SOUTH AUDLEY FITNESS LIMITED

Company Information
for the Year Ended 28 February 2023







DIRECTORS: R Nieto Gordillo
A Nieto
A R NIETO





SECRETARY:





REGISTERED OFFICE: 8 Percy Road
London
N12 8BU





REGISTERED NUMBER: 11181623 (England and Wales)





ACCOUNTANTS: A K ASSOCIATES
8 PERCY ROAD
LONDON
N12 8BU

SOUTH AUDLEY FITNESS LIMITED (REGISTERED NUMBER: 11181623)

Balance Sheet
28 February 2023

28.2.23 28.2.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 - 163,104

CURRENT ASSETS
Debtors 5 - 26,307
Cash at bank 18,399 1,925
18,399 28,232
CREDITORS
Amounts falling due within one year 6 243,844 353,334
NET CURRENT LIABILITIES (225,445 ) (325,102 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(225,445

)

(161,998

)

CREDITORS
Amounts falling due after more than one year 7 12,412 15,625
NET LIABILITIES (237,857 ) (177,623 )

CAPITAL AND RESERVES
Called up share capital 8 1 1
Retained earnings 9 (237,858 ) (177,624 )
SHAREHOLDERS' FUNDS (237,857 ) (177,623 )

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 directors acknowledge their 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.

SOUTH AUDLEY FITNESS LIMITED (REGISTERED NUMBER: 11181623)

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 Board of Directors and authorised for issue on 28 November 2023 and were signed on its behalf by:





R Nieto Gordillo - Director


SOUTH AUDLEY FITNESS LIMITED (REGISTERED NUMBER: 11181623)

Notes to the Financial Statements
for the Year Ended 28 February 2023

1. STATUTORY INFORMATION

South Audley 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.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 1 ) .

SOUTH AUDLEY FITNESS LIMITED (REGISTERED NUMBER: 11181623)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2023

4. TANGIBLE FIXED ASSETS
Land and
buildings
£   
COST
At 1 March 2022 271,840
Disposals (271,840 )
At 28 February 2023 -
DEPRECIATION
At 1 March 2022 108,736
Eliminated on disposal (108,736 )
At 28 February 2023 -
NET BOOK VALUE
At 28 February 2023 -
At 28 February 2022 163,104

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.23 28.2.22
£    £   
Other debtors - 26,307

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.23 28.2.22
£    £   
Bank loans and overdrafts 2,500 2,500
Other creditors 241,344 350,834
243,844 353,334

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
28.2.23 28.2.22
£    £   
Bank loans 12,412 15,625

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 2,412 5,625

SOUTH AUDLEY FITNESS LIMITED (REGISTERED NUMBER: 11181623)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2023

8. CALLED UP SHARE CAPITAL


Allotted, issued and fully paid:
Number: Class: Nominal 28.2.23 28.2.22
value: £    £   
1 Ordinary £1 1 1

9. RESERVES
Retained
earnings
£   

At 1 March 2022 (177,624 )
Deficit for the year (60,234 )
At 28 February 2023 (237,858 )

10. ULTIMATE CONTROLLING PARTY

The controlling party is R Nieto Gordillo.

Mr R Nieto Gordillo Owns 100% of the issued shares of the company.

SOUTH AUDLEY FITNESS LIMITED

Report of the Accountants to the Directors of
South Audley Fitness Limited

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 28 February 2023 set out on page nil and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.






A K ASSOCIATES
8 PERCY ROAD
LONDON
N12 8BU


Date: .............................................