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REGISTERED NUMBER: 11380656 (England and Wales)












FINANCIAL STATEMENTS

FOR THE PERIOD 1 MAY 2022 TO 31 AUGUST 2023

FOR

THE YOGA FACTORY LIMITED

THE YOGA FACTORY LIMITED (REGISTERED NUMBER: 11380656)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 1 MAY 2022 TO 31 AUGUST 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


THE YOGA FACTORY LIMITED

COMPANY INFORMATION
FOR THE PERIOD 1 MAY 2022 TO 31 AUGUST 2023







DIRECTOR: J Lipscombe





REGISTERED OFFICE: Turnpike House
1208/1210 London Road
Leigh on Sea
Essex
SS9 2UA





REGISTERED NUMBER: 11380656 (England and Wales)





ACCOUNTANTS: Segrave & Partners LLP
Chartered Accountants
Turnpike House
1208/1210 London Road
Leigh on Sea
Essex
SS9 2UA

THE YOGA FACTORY LIMITED (REGISTERED NUMBER: 11380656)

BALANCE SHEET
31 AUGUST 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 6,532 9,207

CURRENT ASSETS
Debtors 5 30,650 5,653
Cash at bank 13,929 3,193
44,579 8,846
CREDITORS
Amounts falling due within one year 6 93,869 37,205
NET CURRENT LIABILITIES (49,290 ) (28,359 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(42,758

)

(19,152

)

CAPITAL AND RESERVES
Called up share capital 7 100 100
Retained earnings 8 (42,858 ) (19,252 )
SHAREHOLDERS' FUNDS (42,758 ) (19,152 )

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

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

The director acknowledges his 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.

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 20 March 2024 and were signed by:





J Lipscombe - Director


THE YOGA FACTORY LIMITED (REGISTERED NUMBER: 11380656)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 1 MAY 2022 TO 31 AUGUST 2023

1. STATUTORY INFORMATION

The Yoga Factory 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.
Equipment - 20% on reducing balance
Fixtures and fittings - 20% on reducing balance
Motor vehicles - 25% on reducing balance

Taxation
Taxation for the period 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 period 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 period was 2 (2022 - 2 ) .

THE YOGA FACTORY LIMITED (REGISTERED NUMBER: 11380656)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1 MAY 2022 TO 31 AUGUST 2023

4. TANGIBLE FIXED ASSETS
Fixtures
and Motor
Equipment fittings vehicles Totals
£    £    £    £   
COST
At 1 May 2022
and 31 August 2023 4,674 813 10,350 15,837
DEPRECIATION
At 1 May 2022 1,810 292 4,528 6,630
Charge for period 725 132 1,818 2,675
At 31 August 2023 2,535 424 6,346 9,305
NET BOOK VALUE
At 31 August 2023 2,139 389 4,004 6,532
At 30 April 2022 2,864 521 5,822 9,207

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 27,520 3,008
Prepayments 3,130 2,645
30,650 5,653

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 7,474 4,205
Tax (2,567 ) (2,567 )
Social security and other taxes 202 25
Other creditors 10,400 8,566
Directors' current accounts 15,882 19,438
Accruals and prepaid income 62,478 7,538
93,869 37,205

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
100 Ordinary £1 100 100

THE YOGA FACTORY LIMITED (REGISTERED NUMBER: 11380656)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1 MAY 2022 TO 31 AUGUST 2023

8. RESERVES
Retained
earnings
£   

At 1 May 2022 (19,252 )
Deficit for the period (23,606 )
At 31 August 2023 (42,858 )

9. GOING CONCERN

At the balance sheet date the company had net deficiency of assets of £42,758, and was therefore dependant upon the continued support from its principle creditors, including the director.

The director has confirmed that they will continue to support the company for the foreseeable future.

The financial statements have therefore been prepared on the going concern basis.