DERIVE FITNESS LIMITED

Company Registration Number:
14281091 (England and Wales)

Unaudited abridged accounts for the year ended 31 August 2023

Period of accounts

Start date: 07 August 2022

End date: 31 August 2023

DERIVE FITNESS LIMITED

Contents of the Financial Statements

for the Period Ended 31 August 2023

Company Information - 3
Profit and Loss Account - 4
Balance sheet - 5
Additional notes - 7
Balance sheet notes - 10

DERIVE FITNESS LIMITED

Company Information

for the Period Ended 31 August 2023




Director: Scott Cullis
Registered office: 8b Fairlands
Grayshott Road
Headley Down
Bordon
England
GU35 8LA
Company Registration Number: 14281091 (England and Wales)

DERIVE FITNESS LIMITED

Profit and Loss Account

for the Period Ended 31 August 2023


Notes
13 months to
31 Aug 2023
£
Gross Profit or (Loss) 147
Income from coronavirus (COVID-19) business support grants 0
Distribution Costs ( 0 )
Administrative Expenses ( 781 )
Operating Profit or (Loss) ( 634 )
Interest Receivable and Similar Income 0
Interest Payable and Similar Charges ( 0 )
Profit or (Loss) Before Tax ( 634 )
Profit or (Loss) for Period ( 634 )

The notes form part of these financial statements

DERIVE FITNESS LIMITED

Balance sheet

As at 31 August 2023


Notes
13 months to
31 Aug 2023
£
Fixed assets
Intangible assets: 4 270
Tangible assets: 5 0
Total fixed assets: 270
Current assets
Stocks: 2,304
Debtors: 0
Cash at bank and in hand: 110
Total current assets: 2,414
Prepayments and accrued income: 0
Creditors: amounts falling due within one year: ( 0 )
Net current assets (liabilities): 2,414
Total assets less current liabilities: 2,684
Creditors: amounts falling due after more than one year: ( 0 )
Provision for liabilities: ( 0 )
Accruals and deferred income: ( 0 )
Total net assets (liabilities): 2,684

The notes form part of these financial statements

DERIVE FITNESS LIMITED

Balance sheet continued

As at 31 August 2023


Notes
13 months to
31 Aug 2023
£
Capital and reserves
Called up share capital: 2
Revaluation reserve: 6 0
Profit and loss account: 2,682
Shareholders funds: 2,684

For the year ending 31 August 2023 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 11 April 2024
And Signed On Behalf Of The Board By:

Name: Scott Cullis
Status: Director

The notes form part of these financial statements

DERIVE FITNESS LIMITED

Notes to the Financial Statements

for the Period Ended 31 August 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

DERIVE FITNESS LIMITED

Notes to the Financial Statements

for the Period Ended 31 August 2023

  • 2. Employees

    13 months to
    31 Aug 2023
    Average number of employees during the period 1

DERIVE FITNESS LIMITED

Notes to the Financial Statements

for the Period Ended 31 August 2023

  • 3. Off balance sheet disclosure

    No

DERIVE FITNESS LIMITED

Notes to the Financial Statements

for the Period Ended 31 August 2023

  • 4. Intangible assets

    Total
    Cost £
    Additions 270
    Disposals -
    Revaluations -
    Transfers -
    At 31 August 2023 270
    Amortisation
    Charge for year -
    On disposals -
    Other adjustments -
    Amortisation at 31 August 2023 -
    Net book value
    Net book value at 31 August 2023 270

DERIVE FITNESS LIMITED

Notes to the Financial Statements

for the Period Ended 31 August 2023

5. Tangible Assets

Total
Cost £
Additions -
Disposals -
Revaluations -
Transfers -
At 31 August 2023 -
Depreciation
Charge for year 0
On disposals -
Other adjustments -
At 31 August 2023 0
Net book value
At 31 August 2023 0

DERIVE FITNESS LIMITED

Notes to the Financial Statements

for the Period Ended 31 August 2023

6. Revaluation reserve

13 months to
31 Aug 2023
£
Surplus or deficit after revaluation 0
Balance at 31 August 2023 0