2023-01-012023-12-312023-12-31false10507894THE BODY WORKS (SW) LTD2024-02-2982990iso4217:GBPxbrli:pure105078942023-01-01105078942023-12-31105078942023-01-012023-12-31105078942022-01-01105078942022-12-31105078942022-01-012022-12-3110507894bus:SmallEntities2023-01-012023-12-3110507894bus:AuditExempt-NoAccountantsReport2023-01-012023-12-3110507894bus:FullAccounts2023-01-012023-12-3110507894bus:PrivateLimitedCompanyLtd2023-01-012023-12-3110507894core:WithinOneYear2023-12-3110507894core:AfterOneYear2023-12-3110507894core:WithinOneYear2022-12-3110507894core:AfterOneYear2022-12-3110507894core:ShareCapital2023-12-3110507894core:SharePremium2023-12-3110507894core:RevaluationReserve2023-12-3110507894core:OtherReservesSubtotal2023-12-3110507894core:RetainedEarningsAccumulatedLosses2023-12-3110507894core:ShareCapital2022-12-3110507894core:SharePremium2022-12-3110507894core:RevaluationReserve2022-12-3110507894core:OtherReservesSubtotal2022-12-3110507894core:RetainedEarningsAccumulatedLosses2022-12-3110507894core:LandBuildings2023-12-3110507894core:PlantMachinery2023-12-3110507894core:Vehicles2023-12-3110507894core:FurnitureFittings2023-12-3110507894core:OfficeEquipment2023-12-3110507894core:NetGoodwill2023-12-3110507894core:IntangibleAssetsOtherThanGoodwill2023-12-3110507894core:ListedExchangeTraded2023-12-3110507894core:UnlistedNon-exchangeTraded2023-12-3110507894core:LandBuildings2022-12-3110507894core:PlantMachinery2022-12-3110507894core:Vehicles2022-12-3110507894core:FurnitureFittings2022-12-3110507894core:OfficeEquipment2022-12-3110507894core:NetGoodwill2022-12-3110507894core:IntangibleAssetsOtherThanGoodwill2022-12-3110507894core:ListedExchangeTraded2022-12-3110507894core:UnlistedNon-exchangeTraded2022-12-3110507894core:LandBuildings2023-01-012023-12-3110507894core:PlantMachinery2023-01-012023-12-3110507894core:Vehicles2023-01-012023-12-3110507894core:FurnitureFittings2023-01-012023-12-3110507894core:OfficeEquipment2023-01-012023-12-3110507894core:NetGoodwill2023-01-012023-12-3110507894core:IntangibleAssetsOtherThanGoodwill2023-01-012023-12-3110507894core:ListedExchangeTraded2023-01-012023-12-3110507894core:UnlistedNon-exchangeTraded2023-01-012023-12-3110507894core:MoreThanFiveYears2023-01-012023-12-3110507894core:Non-currentFinancialInstruments2023-12-3110507894core:Non-currentFinancialInstruments2022-12-3110507894dpl:CostSales2023-01-012023-12-3110507894dpl:DistributionCosts2023-01-012023-12-3110507894core:LandBuildings2023-01-012023-12-3110507894core:PlantMachinery2023-01-012023-12-3110507894core:Vehicles2023-01-012023-12-3110507894core:FurnitureFittings2023-01-012023-12-3110507894core:OfficeEquipment2023-01-012023-12-3110507894dpl:AdministrativeExpenses2023-01-012023-12-3110507894core:NetGoodwill2023-01-012023-12-3110507894core:IntangibleAssetsOtherThanGoodwill2023-01-012023-12-3110507894dpl:GroupUndertakings2023-01-012023-12-3110507894dpl:ParticipatingInterests2023-01-012023-12-3110507894dpl:GroupUndertakingscore:ListedExchangeTraded2023-01-012023-12-3110507894core:ListedExchangeTraded2023-01-012023-12-3110507894dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2023-01-012023-12-3110507894core:UnlistedNon-exchangeTraded2023-01-012023-12-3110507894dpl:CostSales2022-01-012022-12-3110507894dpl:DistributionCosts2022-01-012022-12-3110507894core:LandBuildings2022-01-012022-12-3110507894core:PlantMachinery2022-01-012022-12-3110507894core:Vehicles2022-01-012022-12-3110507894core:FurnitureFittings2022-01-012022-12-3110507894core:OfficeEquipment2022-01-012022-12-3110507894dpl:AdministrativeExpenses2022-01-012022-12-3110507894core:NetGoodwill2022-01-012022-12-3110507894core:IntangibleAssetsOtherThanGoodwill2022-01-012022-12-3110507894dpl:GroupUndertakings2022-01-012022-12-3110507894dpl:ParticipatingInterests2022-01-012022-12-3110507894dpl:GroupUndertakingscore:ListedExchangeTraded2022-01-012022-12-3110507894core:ListedExchangeTraded2022-01-012022-12-3110507894dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-01-012022-12-3110507894core:UnlistedNon-exchangeTraded2022-01-012022-12-3110507894core:NetGoodwill2023-12-3110507894core:IntangibleAssetsOtherThanGoodwill2023-12-3110507894core:LandBuildings2023-12-3110507894core:PlantMachinery2023-12-3110507894core:Vehicles2023-12-3110507894core:FurnitureFittings2023-12-3110507894core:OfficeEquipment2023-12-3110507894core:AfterOneYear2023-12-3110507894core:WithinOneYear2023-12-3110507894core:ListedExchangeTraded2023-12-3110507894core:UnlistedNon-exchangeTraded2023-12-3110507894core:ShareCapital2023-12-3110507894core:SharePremium2023-12-3110507894core:RevaluationReserve2023-12-3110507894core:OtherReservesSubtotal2023-12-3110507894core:RetainedEarningsAccumulatedLosses2023-12-3110507894core:NetGoodwill2022-12-3110507894core:IntangibleAssetsOtherThanGoodwill2022-12-3110507894core:LandBuildings2022-12-3110507894core:PlantMachinery2022-12-3110507894core:Vehicles2022-12-3110507894core:FurnitureFittings2022-12-3110507894core:OfficeEquipment2022-12-3110507894core:AfterOneYear2022-12-3110507894core:WithinOneYear2022-12-3110507894core:ListedExc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THE BODY WORKS (SW) LTD

Registered Number
10507894
(England and Wales)

Unaudited Financial Statements for the Year ended
31 December 2023

THE BODY WORKS (SW) LTD
Company Information
for the year from 1 January 2023 to 31 December 2023

Director

Tracey Cullen

Registered Address

Walker House
Market Place
Somerton
TA10 7ND

Registered Number

10507894 (England and Wales)
THE BODY WORKS (SW) LTD
Balance Sheet as at
31 December 2023

Notes

2023

2022

£

£

£

£

Fixed assets
Tangible assets4436288
436288
Current assets
Debtors690772
Cash at bank and on hand49,21051,828
49,90052,600
Creditors amounts falling due within one year5(58,277)(59,433)
Net current assets (liabilities)(8,377)(6,833)
Total assets less current liabilities(7,941)(6,545)
Net assets(7,941)(6,545)
Capital and reserves
Called up share capital100100
Profit and loss account(8,041)(6,645)
Shareholders' funds(7,941)(6,545)
The financial statements were approved and authorised for issue by the Director on 29 February 2024, and are signed on its behalf by:
Tracey Cullen
Director
Registered Company No. 10507894
THE BODY WORKS (SW) LTD
Notes to the Financial Statements
for the year ended 31 December 2023

1.Accounting policies
Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
Statement of compliance
The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.
Revenue from sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.
Employee benefits
Contributions to defined contribution plans are expensed in the period to which they relate.
Foreign currency translation
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
Deferred tax
Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
Intangible assets
Goodwill arising on the acquisition of an entity represents the excess of the cost of acquisition over the company’s interest in the net fair value of the identifiable assets, liabilities and contingent liabilities of the entity recognised at the date of acquisition. Goodwill is initially recognised as an asset at cost and is subsequently measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is held in the currency of the acquired entity and revalued to the closing rate at each reporting period date. Goodwill is amortised over its useful life, which shall not exceed ten years if a reliable estimate of the useful life cannot be made.
Tangible fixed assets and depreciation
Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:

Reducing balance (%)Straight line (years)
Fixtures and fittings25-
Office Equipment-3
2.Average number of employees

20232022
Average number of employees during the year11
3.Intangible assets

Goodwill

Total

££
Cost or valuation
At 01 January 2317,92517,925
At 31 December 2317,92517,925
Amortisation and impairment
At 01 January 2317,92517,925
At 31 December 2317,92517,925
Net book value
At 31 December 23--
At 31 December 22--
4.Tangible fixed assets

Fixtures & fittings

Office Equipment

Total

£££
Cost or valuation
At 01 January 231,6157692,384
Additions292-292
At 31 December 231,9077692,676
Depreciation and impairment
At 01 January 231,3277692,096
Charge for year144-144
At 31 December 231,4717692,240
Net book value
At 31 December 23436-436
At 31 December 22288-288
5.Creditors: amounts due within one year

2023

2022

££
Trade creditors / trade payables700700
Amounts owed to related parties56,15757,317
Accrued liabilities and deferred income1,4201,416
Total58,27759,433
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.