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Company Registration No. 10848842 (England and Wales)
SILVERMERE GYMNASTICS ACADEMY LIMITED Unaudited accounts for the year ended 31 August 2023
SILVERMERE GYMNASTICS ACADEMY LIMITED Unaudited accounts Contents
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SILVERMERE GYMNASTICS ACADEMY LIMITED Company Information for the year ended 31 August 2023
Directors
Mr C D Baker Miss K De La Rosa
Company Number
10848842 (England and Wales)
Registered Office
Unit 1 Bramley Hedge Farm Redhill Road Cobham Surrey KT11 1EQ UK
Accountants
Regal Accountants Limited Suite 110, Legacy Centre Hampton Road West Feltham Middlesex TW13 6DH
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SILVERMERE GYMNASTICS ACADEMY LIMITED Statement of financial position as at 31 August 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
8,869 
11,825 
Current assets
Inventories
4,525 
1,500 
Debtors
5,636 
3,100 
Cash at bank and in hand
8,425 
3,031 
18,586 
7,631 
Creditors: amounts falling due within one year
(11,691)
(4,982)
Net current assets
6,895 
2,649 
Net assets
15,764 
14,474 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
15,664 
14,374 
Shareholders' funds
15,764 
14,474 
For the year ending 31 August 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 directors acknowledge their 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 of Directors and authorised for issue on 30 November 2023 and were signed on its behalf by
Mr C D Baker Director Company Registration No. 10848842
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SILVERMERE GYMNASTICS ACADEMY LIMITED Notes to the Accounts for the year ended 31 August 2023
1
Statutory information
SILVERMERE GYMNASTICS ACADEMY LIMITED is a private company, limited by shares, registered in England and Wales, registration number 10848842. The registered office is Unit 1 Bramley Hedge Farm, Redhill Road, Cobham, Surrey, KT11 1EQ, UK.
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 remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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
25%
4
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 September 2022
38,331 
At 31 August 2023
38,331 
Depreciation
At 1 September 2022
26,506 
Charge for the year
2,956 
At 31 August 2023
29,462 
Net book value
At 31 August 2023
8,869 
At 31 August 2022
11,825 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
3,625 
3,100 
Other debtors
2,011 
- 
5,636 
3,100 
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SILVERMERE GYMNASTICS ACADEMY LIMITED Notes to the Accounts for the year ended 31 August 2023
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Taxes and social security
6,691 
3,542 
Other creditors
26 
- 
Loans from directors
3,440 
1,440 
Accruals
1,534 
- 
11,691 
4,982 
7
Average number of employees
During the year the average number of employees was 23 (2022: 23).
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