Company registration number 8156462 (England and Wales)
SOLE FITNESS LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2023
PAGES FOR FILING WITH REGISTRAR
SOLE FITNESS LIMITED
BALANCE SHEET
- 1 -
2023
2022
£
£
£
£
Fixed assets
40,555
44,512
Current assets
984
22,929
Prepayments and accrued income
6,485
5,596
Creditors: amounts falling due within one year
(71,372)
(21,780)
Net current (liabilities)/assets
(63,903)
6,745
Total assets less current liabilities
(23,348)
51,257
Net (liabilities)/assets
(23,348)
51,257
Capital and reserves
(23,348)
51,257
Notes to the financial statements
1
Director's benefits: advances, credit and guarantees
During the year an amount of £22,752 (2022 - £23,400) was advanced to the director of the company. The amount was repayable on demand and interest was charged at the official rate. Repayments of £43,824 (2022 - £9,810) were made in the year and an amount of £nil (2022 - £21,072) was outstanding at the year end.
2
Financial commitments, guarantees and contingencies
At the reporting end date the company had outstanding commitments for future minimum lease payments under non-cancellable operating leases amounting to £254,375 (2022 - £12,500), payable over the next ten years.
3
Employees
The average number of persons, including directors, employed by the company during the year was as follows:
2023
2022
Number
Number
Employees
2
2
Sole Fitness Limited is a private company limited by shares incorporated in England and Wales. The registered office is 8 Bennett Close, Hugglescote, Leicestershire, England, LE67 2HP.
For the year ended 31 July 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
SOLE FITNESS LIMITED
BALANCE SHEET (CONTINUED)
- 2 -
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.
These financial statements have been prepared in accordance with the micro-entity provisions and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime' and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
(e) the company has relied on the specified exemption as a micro company contained in section 352 Companies Act 2014; the company has done so on the grounds that it is entitled to the benefit of that exemption as a small company and I confirm that the abridged financial statements have been properly prepared in accordance with section 353 Companies Act 2014.true
The financial statements were approved and signed by the director and authorised for issue on 9 February 2024
Mr S J Sole
Director
Company registration number 8156462 (England and Wales)