IRIS Accounts Production v23.3.1.45 05750531 director 1.8.22 31.7.23 31.7.23 false true false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh057505312022-07-31057505312023-07-31057505312022-08-012023-07-31057505312021-07-31057505312021-08-012022-07-31057505312022-07-3105750531ns10:Originalns15:EnglandWales2022-08-012023-07-3105750531ns14:PoundSterlingns10:Original2022-08-012023-07-3105750531ns10:Originalns10:Director12022-08-012023-07-3105750531ns10:Original2022-08-012023-07-3105750531ns10:Original2023-07-3105750531ns10:Originalns10:PrivateLimitedCompanyLtd2022-08-012023-07-3105750531ns10:Originalns10:SmallEntities2022-08-012023-07-3105750531ns10:Originalns10:AuditExempt-NoAccountantsReport2022-08-012023-07-3105750531ns10:Originalns10:SmallCompaniesRegimeForDirectorsReport2022-08-012023-07-3105750531ns10:SmallCompaniesRegimeForAccountsns10:Original2022-08-012023-07-3105750531ns10:Originalns10:FullAccounts2022-08-012023-07-3105750531ns10:Originalns10:OrdinaryShareClass12022-08-012023-07-3105750531ns10:Originalns10:RegisteredOffice2022-08-012023-07-3105750531ns10:Original2022-07-3105750531ns10:Originalns5:CurrentFinancialInstruments2023-07-3105750531ns10:Originalns5:CurrentFinancialInstruments2022-07-3105750531ns5:ShareCapitalns10:Original2023-07-3105750531ns5:ShareCapitalns10:Original2022-07-3105750531ns10:Originalns5:RetainedEarningsAccumulatedLosses2023-07-3105750531ns10:Originalns5:RetainedEarningsAccumulatedLosses2022-07-3105750531ns10:Originalns5:FurnitureFittings2022-08-012023-07-3105750531ns10:Originalns5:ComputerEquipment2022-08-012023-07-3105750531ns10:Original2021-08-012022-07-3105750531ns10:Originalns5:FurnitureFittings2022-07-3105750531ns10:Originalns5:ComputerEquipment2022-07-3105750531ns10:Original2022-07-3105750531ns10:Originalns5:FurnitureFittings2023-07-3105750531ns10:Originalns5:ComputerEquipment2023-07-3105750531ns10:Originalns5:FurnitureFittings2022-07-3105750531ns10:Originalns5:ComputerEquipment2022-07-3105750531ns10:Originalns10:OrdinaryShareClass12023-07-3105750531ns10:Originalns5:RetainedEarningsAccumulatedLosses2022-07-3105750531ns10:Originalns5:RetainedEarningsAccumulatedLosses2022-08-012023-07-31
REGISTERED NUMBER: 05750531 (England and Wales)










Financial Statements

for the Year Ended 31 July 2023

for

Fitness Fusion Limited

Fitness Fusion Limited (Registered number: 05750531)






Contents of the Financial Statements
for the Year Ended 31 July 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Fitness Fusion Limited

Company Information
for the Year Ended 31 July 2023







DIRECTOR: Mrs J Cornish





REGISTERED OFFICE: Suite 4
10/12 The Grove
Ilkley
West Yorkshire
LS29 9EG





REGISTERED NUMBER: 05750531 (England and Wales)





ACCOUNTANTS: SKS Bailey Group Limited
Suite 4, 10/12 The Grove,
Ilkley
West Yorkshire
LS29 9EG

Fitness Fusion Limited (Registered number: 05750531)

Balance Sheet
31 July 2023

2023 2022
Notes £    £   
FIXED ASSETS
Tangible assets 4 9,959 11,059

CURRENT ASSETS
Debtors 5 449 -
Cash at bank 78,857 91,347
79,306 91,347
CREDITORS
Amounts falling due within one year 6 (56,717 ) (36,709 )
NET CURRENT ASSETS 22,589 54,638
TOTAL ASSETS LESS CURRENT
LIABILITIES

32,548

65,697

PROVISIONS FOR LIABILITIES (1,892 ) (2,101 )
NET ASSETS 30,656 63,596

CAPITAL AND RESERVES
Called up share capital 7 1 1
Retained earnings 8 30,655 63,595
SHAREHOLDERS' FUNDS 30,656 63,596

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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.

Fitness Fusion Limited (Registered number: 05750531)

Balance Sheet - continued
31 July 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 director and authorised for issue on 29 February 2024 and were signed by:





Mrs J Cornish - Director


Fitness Fusion Limited (Registered number: 05750531)

Notes to the Financial Statements
for the Year Ended 31 July 2023

1. STATUTORY INFORMATION

Fitness Fusion 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 represents net invoiced sales of goods and services, excluding value added tax.

TANGIBLE FIXED ASSETS
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and equipment - 20% on reducing balance
Computer equipment - 33% on reducing balance

3. EMPLOYEES AND DIRECTORS

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

4. TANGIBLE FIXED ASSETS
Fixtures
and Computer
equipment equipment Totals
£    £    £   
COST
At 1 August 2022 38,980 1,355 40,335
Additions 1,304 - 1,304
At 31 July 2023 40,284 1,355 41,639
DEPRECIATION
At 1 August 2022 28,048 1,228 29,276
Charge for year 2,362 42 2,404
At 31 July 2023 30,410 1,270 31,680
NET BOOK VALUE
At 31 July 2023 9,874 85 9,959
At 31 July 2022 10,932 127 11,059

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Prepayments 449 -

Fitness Fusion Limited (Registered number: 05750531)

Notes to the Financial Statements - continued
for the Year Ended 31 July 2023

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Corporation tax 2,523 4,104
Other creditors 18,470 29,664
Director's current account 34,779 2,058
Accrued expenses 945 883
56,717 36,709

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
1 Ordinary £1 1 1

8. RESERVES
Retained
earnings
£   

At 1 August 2022 63,595
Profit for the year 10,060
Dividends (43,000 )
At 31 July 2023 30,655

9. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

Dividends of £43,000 were paid to the director during the year (2022 £2,000). The company owed the director £34,779 at 31st July 2023 ( £2,058 at 31st July 2022).

10. RELATED PARTY DISCLOSURES

As at 31st July 2023 the Company owes £18,470 to Olicana Gymnastics Limited, a company in which Mrs J Cornish is a director owning 100% of the issued share capital. The loan is interest free, with no defined period of repayment.