Company Registration No. SC644201 (Scotland)
Marlow's Fitness Limited
Unaudited accounts
for the year ended 31 October 2023
Marlow's Fitness Limited
Unaudited accounts
Contents
Marlow's Fitness Limited
Company Information
for the year ended 31 October 2023
Company Number
SC644201 (Scotland)
Registered Office
F45 STOCKBRIDGE 1 TANFIELD
EDINBURGH
EH3 5DA
SCOTLAND
Accountants
Calculo Ltd
Red Tree Magenta
270 Glasgow Road
Glasgow
G73 1SA
Marlow's Fitness Limited
Statement of financial position
as at 31 October 2023
Tangible assets
160,933
178,814
Cash at bank and in hand
9,561
14,180
Creditors: amounts falling due within one year
(324,502)
(311,766)
Net current liabilities
(314,941)
(241,336)
Net liabilities
(154,008)
(62,522)
Called up share capital
20
20
Profit and loss account
(154,028)
(62,542)
Shareholders' funds
(154,008)
(62,522)
For the year ending 31 October 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 3 April 2024 and were signed on its behalf by
Scott Marlow
Director
Company Registration No. SC644201
Marlow's Fitness Limited
Notes to the Accounts
for the year ended 31 October 2023
Marlow's Fitness Limited is a private company, limited by shares, registered in Scotland, registration number SC644201. The registered office is F45 STOCKBRIDGE 1 TANFIELD, EDINBURGH, EH3 5DA, SCOTLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
10% reducing balance
Fixtures & fittings
10% reducing balance
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 November 2022
69,920
136,060
205,980
At 31 October 2023
69,920
136,060
205,980
At 1 November 2022
8,649
18,517
27,166
Charge for the year
6,127
11,754
17,881
At 31 October 2023
14,776
30,271
45,047
At 31 October 2023
55,144
105,789
160,933
At 31 October 2022
61,271
117,543
178,814
Amounts falling due within one year
Marlow's Fitness Limited
Notes to the Accounts
for the year ended 31 October 2023
6
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
7,891
-
Taxes and social security
2,131
1,463
Loans from directors
302,993
310,303
7
Average number of employees
During the year the average number of employees was 3 (2022: 2).