Acorah Software Products - Accounts Production 14.5.601 false true false 2 October 2022 31 October 2023 31 October 2023 14391027 Tony Cottenden iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 14391027 2022-10-01 14391027 2023-10-31 14391027 2022-10-02 2023-10-31 14391027 frs-core:Non-currentFinancialInstruments 2023-10-31 14391027 frs-core:FurnitureFittings 2023-10-31 14391027 frs-core:FurnitureFittings 2022-10-02 2023-10-31 14391027 frs-core:FurnitureFittings 2022-10-01 14391027 frs-core:PlantMachinery 2023-10-31 14391027 frs-core:PlantMachinery 2022-10-02 2023-10-31 14391027 frs-core:PlantMachinery 2022-10-01 14391027 frs-core:ShareCapital 2023-10-31 14391027 frs-core:RetainedEarningsAccumulatedLosses 2023-10-31 14391027 frs-bus:PrivateLimitedCompanyLtd 2022-10-02 2023-10-31 14391027 frs-bus:FilletedAccounts 2022-10-02 2023-10-31 14391027 frs-bus:SmallEntities 2022-10-02 2023-10-31 14391027 frs-bus:AuditExempt-NoAccountantsReport 2022-10-02 2023-10-31 14391027 frs-bus:SmallCompaniesRegimeForAccounts 2022-10-02 2023-10-31 14391027 frs-bus:Director1 2022-10-02 2023-10-31 14391027 frs-countries:EnglandWales 2022-10-02 2023-10-31
Registered number: 14391027
Top Condition Small Group Personal Training Ltd
Unaudited Financial Statements
For the Period 2 October 2022 to 31 October 2023
KFH Accounting Ltd
Unaudited Financial Statements
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 14391027
31 October 2023
Notes £ £
FIXED ASSETS
Tangible Assets 4 11,057
11,057
CURRENT ASSETS
Cash at bank and in hand 46,304
46,304
Creditors: Amounts Falling Due Within One Year (38,886 )
NET CURRENT ASSETS (LIABILITIES) 7,418
TOTAL ASSETS LESS CURRENT LIABILITIES 18,475
Creditors: Amounts Falling Due After More Than One Year (7,148 )
NET ASSETS 11,327
CAPITAL AND RESERVES
Called up share capital 5 1
Profit and Loss Account 11,326
SHAREHOLDERS' FUNDS 11,327
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For the period 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 member has 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Tony Cottenden
Director
28/04/2023
The notes on pages 3 to 4 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Top Condition Small Group Personal Training Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 14391027 . The registered office is 189 Station Road, Rainham, Gillingham, Kent, ME8 7SQ.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Plant & Machinery 3 years straight line basis
Fixtures & Fittings 3 years straight line basis
2.4. Taxation
Income tax expense represents the sum of the tax currently payable.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Current tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current tax is also recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
Average number of employees, including directors, during the period was: 1
1
4. Tangible Assets
Plant & Machinery Fixtures & Fittings Total
£ £ £
Cost
As at 2 October 2022 - - -
Additions 15,167 804 15,971
As at 31 October 2023 15,167 804 15,971
Depreciation
As at 2 October 2022 - - -
Provided during the period 4,793 121 4,914
As at 31 October 2023 4,793 121 4,914
Net Book Value
As at 31 October 2023 10,374 683 11,057
As at 2 October 2022 - - -
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5. Share Capital
31 October 2023
£
Allotted, Called up and fully paid 1
6. Additional note to the accounts
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
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