2022-10-012023-04-302023-04-30false10374223OADBY & LEICESTER GYMNASTICS CLUB LTD2024-01-30iso4217:GBPxbrli:pure103742232022-10-01103742232023-04-30103742232022-10-012023-04-30103742232021-10-01103742232022-09-30103742232021-10-012022-09-3010374223bus:SmallEntities2022-10-012023-04-3010374223bus:AuditExempt-NoAccountantsReport2022-10-012023-04-3010374223bus:FullAccounts2022-10-012023-04-3010374223bus:PrivateLimitedCompanyLtd2022-10-012023-04-3010374223core:WithinOneYear2023-04-3010374223core:AfterOneYear2023-04-3010374223core:WithinOneYear2022-09-3010374223core:AfterOneYear2022-09-3010374223core:ShareCapital2023-04-3010374223core:SharePremium2023-04-3010374223core:RevaluationReserve2023-04-3010374223core:OtherReservesSubtotal2023-04-3010374223core:RetainedEarningsAccumulatedLosses2023-04-3010374223core:ShareCapital2022-09-3010374223core:SharePremium2022-09-3010374223core:RevaluationReserve2022-09-3010374223core:OtherReservesSubtotal2022-09-3010374223core:RetainedEarningsAccumulatedLosses2022-09-3010374223core:LandBuildings2023-04-3010374223core:PlantMachinery2023-04-3010374223core:Vehicles2023-04-3010374223core:FurnitureFittings2023-04-3010374223core:OfficeEquipment2023-04-3010374223core:NetGoodwill2023-04-3010374223core:IntangibleAssetsOtherThanGoodwill2023-04-3010374223core:ListedExchangeTraded2023-04-3010374223core:UnlistedNon-exchangeTraded2023-04-3010374223core:LandBuildings2022-09-3010374223core:PlantMachinery2022-09-3010374223core:Vehicles2022-09-3010374223core:FurnitureFittings2022-09-3010374223core:OfficeEquipment2022-09-3010374223core:NetGoodwill2022-09-3010374223core:IntangibleAssetsOtherThanGoodwill2022-09-3010374223core:ListedExchangeTraded2022-09-3010374223core:UnlistedNon-exchangeTraded2022-09-3010374223core:LandBuildings2022-10-012023-04-3010374223core:PlantMachinery2022-10-012023-04-3010374223core:Vehicles2022-10-012023-04-3010374223core:FurnitureFittings2022-10-012023-04-3010374223core:OfficeEquipment2022-10-012023-04-3010374223core:NetGoodwill2022-10-012023-04-3010374223core:IntangibleAssetsOtherThanGoodwill2022-10-012023-04-3010374223core:ListedExchangeTraded2022-10-012023-04-3010374223core:UnlistedNon-exchangeTraded2022-10-012023-04-3010374223core:MoreThanFiveYears2022-10-012023-04-3010374223core:Non-currentFinancialInstruments2023-04-3010374223core:Non-currentFinancialInstruments2022-09-3010374223dpl:CostSales2022-10-012023-04-3010374223dpl:DistributionCosts2022-10-012023-04-3010374223core:LandBuildings2022-10-012023-04-3010374223core:PlantMachinery2022-10-012023-04-3010374223core:Vehicles2022-10-012023-04-3010374223core:FurnitureFittings2022-10-012023-04-3010374223core:OfficeEquipment2022-10-012023-04-3010374223dpl:AdministrativeExpenses2022-10-012023-04-3010374223core:NetGoodwill2022-10-012023-04-3010374223core:IntangibleAssetsOtherThanGoodwill2022-10-012023-04-3010374223dpl:GroupUndertakings2022-10-012023-04-3010374223dpl:ParticipatingInterests2022-10-012023-04-3010374223dpl:GroupUndertakingscore:ListedExchangeTraded2022-10-012023-04-3010374223core:ListedExchangeTraded2022-10-012023-04-3010374223dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-10-012023-04-3010374223core:UnlistedNon-exchangeTraded2022-10-012023-04-3010374223dpl:CostSales2021-10-012022-09-3010374223dpl:DistributionCosts2021-10-012022-09-3010374223core:LandBuildings2021-10-012022-09-3010374223core:PlantMachinery2021-10-012022-09-3010374223core:Vehicles2021-10-012022-09-3010374223core:FurnitureFittings2021-10-012022-09-3010374223core:OfficeEquipment2021-10-012022-09-3010374223dpl:AdministrativeExpenses2021-10-012022-09-3010374223core:NetGoodwill2021-10-012022-09-3010374223core:IntangibleAssetsOtherThanGoodwill2021-10-012022-09-3010374223dpl:GroupUndertakings2021-10-012022-09-3010374223dpl:ParticipatingInterests2021-10-012022-09-3010374223dpl:GroupUndertakingscore:ListedExchangeTraded2021-10-012022-09-3010374223core:ListedExchangeTraded2021-10-012022-09-3010374223dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2021-10-012022-09-3010374223core:UnlistedNon-exchangeTraded2021-10-012022-09-3010374223core:NetGoodwill2023-04-3010374223core:IntangibleAssetsOtherThanGoodwill2023-04-3010374223core:LandBuildings2023-04-3010374223core:PlantMachinery2023-04-3010374223core:Vehicles2023-04-3010374223core:FurnitureFittings2023-04-3010374223core:OfficeEquipment2023-04-3010374223core:AfterOneYear2023-04-3010374223core:WithinOneYear2023-04-3010374223core:ListedExchangeTraded2023-04-3010374223core:UnlistedNon-exchangeTraded2023-04-3010374223core:ShareCapital2023-04-3010374223core:SharePremium2023-04-3010374223core:RevaluationReserve2023-04-3010374223core:OtherReservesSubtotal2023-04-3010374223core:RetainedEarningsAccumulatedLosses2023-04-3010374223core:NetGoodwill2022-09-3010374223core:IntangibleAssetsOtherThanGoodwill2022-09-3010374223core:LandBuildings2022-09-3010374223core:PlantMachinery2022-09-3010374223core:Vehicles2022-09-3010374223core:FurnitureFittings2022-09-3010374223core:OfficeEquipment2022-09-3010374223core:AfterOneYear2022-09-3010374223core:WithinOneYear2022-09-3010374223core:ListedExchangeTraded2022-09-3010374223core:UnlistedNon-exchangeTraded2022-09-3010374223core:ShareCapital2022-09-3010374223core:SharePremium2022-09-3010374223core:RevaluationReserve2022-09-3010374223core:OtherReservesSubtotal2022-09-3010374223core:RetainedEarningsAccumulatedLosses2022-09-3010374223core:NetGoodwill2021-10-0110374223core:IntangibleAssetsOtherThanGoodwill2021-10-0110374223core:LandBuildings2021-10-0110374223core:PlantMachinery2021-10-0110374223core:Vehicles2021-10-0110374223core:FurnitureFittings2021-10-0110374223core:OfficeEquipment2021-10-0110374223core:AfterOneYear2021-10-0110374223core:WithinOneYear2021-10-0110374223core:ListedExchangeTraded2021-10-0110374223core:UnlistedNon-exchangeTraded2021-10-0110374223core:ShareCapital2021-10-0110374223core:SharePremium2021-10-0110374223core:RevaluationReserve2021-10-0110374223core:OtherReservesSubtotal2021-10-0110374223core:RetainedEarningsAccumulatedLosses2021-10-0110374223core:AfterOneYear2022-10-012023-04-3010374223core:WithinOneYear2022-10-012023-04-3010374223core:Non-currentFinancialInstrumentscore:CostValuation2022-10-012023-04-3010374223core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2022-10-012023-04-3010374223core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2022-10-012023-04-3010374223core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2022-10-012023-04-3010374223core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2022-10-012023-04-3010374223core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2022-10-012023-04-3010374223core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2022-10-012023-04-3010374223core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2022-10-012023-04-3010374223core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2022-10-012023-04-3010374223core:Non-currentFinancialInstrumentscore:CostValuation2023-04-3010374223core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2023-04-3010374223core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2023-04-3010374223core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2023-04-3010374223core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2023-04-3010374223core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2023-04-3010374223core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2023-04-3010374223core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2023-04-3010374223core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2023-04-3010374223core:Non-currentFinancialInstrumentscore:CostValuation2022-09-3010374223core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2022-09-3010374223core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2022-09-3010374223core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2022-09-3010374223core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2022-09-3010374223core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2022-09-3010374223core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2022-09-3010374223core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2022-09-3010374223core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2022-09-3010374223bus:Director12022-10-012023-04-30

OADBY & LEICESTER GYMNASTICS CLUB LTD

Registered Number
10374223
(England and Wales)

Unaudited Financial Statements for the Period ended
30 April 2023

OADBY & LEICESTER GYMNASTICS CLUB LTD
Company Information
for the period from 1 October 2022 to 30 April 2023

Director

Jon Mutch

Registered Address

5 Harwood Close
Ratby
Leicester
LE6 0PT

Registered Number

10374223 (England and Wales)
OADBY & LEICESTER GYMNASTICS CLUB LTD
Balance Sheet as at
30 April 2023

Notes

30 Apr 2023

30 Sep 2022

£

£

£

£

Fixed assets
Intangible assets69,60012,000
Tangible assets7119,326132,192
128,926144,192
Current assets
Debtors839,2139,321
Cash at bank and on hand64027,583
39,85336,904
Creditors amounts falling due within one year9(101,799)(98,395)
Net current assets (liabilities)(61,946)(61,491)
Total assets less current liabilities66,98082,701
Creditors amounts falling due after one year10(67,833)(80,667)
Net assets(853)2,034
Capital and reserves
Called up share capital100100
Profit and loss account(953)1,934
Shareholders' funds(853)2,034
The financial statements were approved and authorised for issue by the Director on 30 January 2024, and are signed on its behalf by:
Jon Mutch
Director
Registered Company No. 10374223
OADBY & LEICESTER GYMNASTICS CLUB LTD
Notes to the Financial Statements
for the period ended 30 April 2023

1.Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
2.Compliance with applicable reporting framework
The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.
3.Principal activities
Gymnastics club
4.Accounting policies
Property, plant and equipment policy
Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:
Intangible assets policy
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.
Revenue recognition policy
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.
Taxation policy
Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Foreign currency translation and operations policy
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
Employee benefits policy
Contributions to defined contribution plans are expensed in the period to which they relate.
5.Employee information

20232022
Average number of employees during the year127
6.Intangible assets

Goodwill

Total

££
Cost or valuation
At 01 October 2212,00012,000
At 30 April 2312,00012,000
Amortisation and impairment
Charge for year2,4002,400
At 30 April 232,4002,400
Net book value
At 30 April 239,6009,600
At 30 September 2212,00012,000
7.Property, plant and equipment

Land & buildings

Plant & machinery

Vehicles

Office Equipment

Total

£££££
Cost or valuation
At 01 October 22117,43875,80528,62318,189240,055
Disposals--(28,623)-(28,623)
At 30 April 23117,43875,805-18,189211,432
Depreciation and impairment
At 01 October 2212,58453,96028,62312,696107,863
Charge for year5,2444,369-3,25312,866
On disposals--(28,623)-(28,623)
At 30 April 2317,82858,329-15,94992,106
Net book value
At 30 April 2399,61017,476-2,240119,326
At 30 September 22104,85421,845-5,493132,192
8.Debtors

2023

2022

££
Other debtors39,2138,948
Prepayments and accrued income-373
Total39,2139,321
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
9.Creditors within one year

2023

2022

££
Taxation and social security25,17754,029
Other creditors75,12235,479
Accrued liabilities and deferred income1,5008,887
Total101,79998,395
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
10.Creditors after one year

2023

2022

££
Bank borrowings and overdrafts67,83380,667
Total67,83380,667