25 July 2022 false No description of principal activity Taxfiler 2024.1 14255021business:PrivateLimitedCompanyLtd2022-07-252023-07-31 142550212022-07-24 142550212022-07-252023-07-31 14255021business:AuditExempt-NoAccountantsReport2022-07-252023-07-31 14255021business:AbridgedAccounts2022-07-252023-07-31 142550212023-07-31 14255021business:Director12022-07-252023-07-31 14255021business:RegisteredOffice2022-07-252023-07-31 14255021core:WithinOneYear2023-07-31 14255021core:ShareCapitalcore:PreviouslyStatedAmount2023-07-31 14255021core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-07-31 14255021core:PreviouslyStatedAmount2023-07-31 14255021business:SmallEntities2022-07-252023-07-31 14255021countries:EnglandWales2022-07-252023-07-31 14255021core:PlantMachinery2022-07-252023-07-31 iso4217:GBP xbrli:pure
Company Registration No. 14255021 (England and Wales)
The Old Gym Limited Unaudited accounts for the period from 25 July 2022 to 31 July 2023
The Old Gym Limited Unaudited accounts Contents
Page
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The Old Gym Limited Company Information for the period from 25 July 2022 to 31 July 2023
Director
Nickolas Drew Gardner
Company Number
14255021 (England and Wales)
Registered Office
4 Hiltons Lane Wiggenhall St Germans King's Lynn PE34 3EZ England
Accountants
M C Mallett Accountants Ltd 4 Hiltons Lane Wiggenhall St Germans King's Lynn Norfolk PE34 3EZ
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The Old Gym Limited Statement of financial position as at 31 July 2023
2023 
Notes
£ 
Fixed assets
Tangible assets
5,821 
Current assets
Inventories
549 
Debtors
9,748 
Cash at bank and in hand
1,297 
11,594 
Creditors: amounts falling due within one year
(9,209)
Net current assets
2,385 
Total assets less current liabilities
8,206 
Provisions for liabilities
Deferred tax
(750)
Net assets
7,456 
Capital and reserves
Called up share capital
100 
Profit and loss account
7,356 
Shareholders' funds
7,456 
For the period ending 31 July 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.
The members have agreed to the preparation of abridged accounts for the 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 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 17 April 2024 and were signed on its behalf by
Nickolas Drew Gardner Director Company Registration No. 14255021
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The Old Gym Limited Notes to the Accounts for the period from 25 July 2022 to 31 July 2023
1
Statutory information
The Old Gym Limited is a private company, limited by shares, registered in England and Wales, registration number 14255021. The registered office is 4 Hiltons Lane, Wiggenhall St Germans, King's Lynn, PE34 3EZ, England.
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.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention.
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
25% reducing balance
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
4
Tangible fixed assets
Total 
£ 
Cost or valuation
At 25 July 2022
- 
Additions
7,208 
At 31 July 2023
7,208 
Depreciation
Charge for the period
1,387 
At 31 July 2023
1,387 
Net book value
At 31 July 2023
5,821 
5
Average number of employees
During the period the average number of employees was 1.
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