Fitpro Sales Ltd |
Registered number: |
13467725 |
Balance Sheet |
as at 30 June 2023 |
|
Notes |
|
|
2023 |
|
|
2022 |
£ |
£ |
Current assets |
Debtors |
3 |
|
56,493 |
|
|
8,203 |
Cash at bank and in hand |
|
|
102 |
|
|
2,169 |
|
|
|
56,595 |
|
|
10,372 |
|
Creditors: amounts falling due within one year |
4 |
|
(35,748) |
|
|
(9,599) |
|
Net current assets |
|
|
|
20,847 |
|
|
773 |
|
Total assets less current liabilities |
|
|
|
20,847 |
|
|
773 |
|
Creditors: amounts falling due after more than one year |
5 |
|
|
(20,453) |
|
|
- |
|
|
|
Net assets |
|
|
|
394 |
|
|
773 |
|
|
|
|
|
|
|
|
Capital and reserves |
Called up share capital |
|
|
|
1 |
|
|
1 |
Profit and loss account |
|
|
|
393 |
|
|
772 |
|
Shareholder's funds |
|
|
|
394 |
|
|
773 |
|
|
|
|
|
|
|
|
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. |
|
|
|
|
J S Collins |
Director |
Approved by the board on 26 October 2023 |
|
Fitpro Sales Ltd |
Notes to the Accounts |
for the period from 1 July 2022 to 30 June 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 good is delivered to the buyer. Turnover from the rendering of services is recognised when the service is complete. |
|
|
Debtors |
|
Short term debtors are measured at transaction price which is usually the invoice price, less any impairment losses for bad and doubtful debts. |
|
|
Creditors |
|
Short term creditors are measured at transaction price which is usually the invoice price. |
|
|
Taxation |
|
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. |
|
2 |
Employees |
2023 |
|
2022 |
Number |
Number |
|
|
Average number of persons employed by the company |
1 |
|
1 |
|
|
|
|
|
|
|
|
|
|
3 |
Debtors |
2023 |
|
2022 |
£ |
£ |
|
|
Other debtors |
56,493 |
|
8,203 |
|
|
|
|
|
|
|
|
|
|
4 |
Creditors: amounts falling due within one year |
2023 |
|
2022 |
£ |
£ |
|
|
Bank loans and overdrafts |
2,464 |
|
- |
|
Taxation and social security costs |
28,928 |
|
8,626 |
|
Other creditors |
4,356 |
|
973 |
|
|
|
|
|
|
35,748 |
|
9,599 |
|
|
|
|
|
|
|
|
|
|
5 |
Creditors: amounts falling due after one year |
2023 |
|
2022 |
£ |
£ |
|
|
Bank loans |
20,453 |
|
- |
|
|
|
|
|
|
|
|
|
|
6 |
Related party transactions |
|
|
Included in other debtors is an amount of £42,238 (2022: £8,203) which is due to the director. |
|
|
7 |
Other information |
|
|
Fitpro Sales Ltd is a private company limited by shares and incorporated in England. Its registered office is: |
|
3 Rowan Court |
|
Frome |
|
Somerset |
|
BA11 2SJ |