IRIS Accounts Production v23.4.0.336 09767749 Board of Directors 1.10.22 30.9.23 30.9.23 false true false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh097677492022-09-30097677492023-09-30097677492022-10-012023-09-30097677492021-09-30097677492021-10-012022-09-30097677492022-09-3009767749ns15:EnglandWales2022-10-012023-09-3009767749ns14:PoundSterling2022-10-012023-09-3009767749ns10:Director12022-10-012023-09-3009767749ns10:PrivateLimitedCompanyLtd2022-10-012023-09-3009767749ns10:SmallEntities2022-10-012023-09-3009767749ns10:AuditExempt-NoAccountantsReport2022-10-012023-09-3009767749ns10:SmallCompaniesRegimeForDirectorsReport2022-10-012023-09-3009767749ns10:SmallCompaniesRegimeForAccounts2022-10-012023-09-3009767749ns10:FullAccounts2022-10-012023-09-3009767749ns10:OrdinaryShareClass12022-10-012023-09-3009767749ns10:Director22022-10-012023-09-3009767749ns10:RegisteredOffice2022-10-012023-09-3009767749ns5:CurrentFinancialInstruments2023-09-3009767749ns5:CurrentFinancialInstruments2022-09-3009767749ns5:ShareCapital2023-09-3009767749ns5:ShareCapital2022-09-3009767749ns5:RetainedEarningsAccumulatedLosses2023-09-3009767749ns5:RetainedEarningsAccumulatedLosses2022-09-3009767749ns5:LeaseholdImprovements2022-10-012023-09-3009767749ns5:FurnitureFittings2022-10-012023-09-3009767749ns5:MotorVehicles2022-10-012023-09-3009767749ns5:ComputerEquipment2022-10-012023-09-3009767749ns5:LeaseholdImprovements2022-09-3009767749ns5:FurnitureFittings2022-09-3009767749ns5:MotorVehicles2022-09-3009767749ns5:ComputerEquipment2022-09-3009767749ns5:LeaseholdImprovements2023-09-3009767749ns5:FurnitureFittings2023-09-3009767749ns5:MotorVehicles2023-09-3009767749ns5:ComputerEquipment2023-09-3009767749ns5:LeaseholdImprovements2022-09-3009767749ns5:FurnitureFittings2022-09-3009767749ns5:MotorVehicles2022-09-3009767749ns5:ComputerEquipment2022-09-3009767749ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-09-3009767749ns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-09-3009767749ns5:DeferredTaxation2022-09-3009767749ns5:DeferredTaxation2022-10-012023-09-3009767749ns5:DeferredTaxation2023-09-3009767749ns10:OrdinaryShareClass12023-09-30
REGISTERED NUMBER: 09767749 (England and Wales)

















Unaudited Financial Statements

For The Year Ended 30 September 2023

for

Bouncefitbody Ltd

Bouncefitbody Ltd (Registered number: 09767749)

Contents of the Financial Statements
For The Year Ended 30 September 2023










Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3


Bouncefitbody Ltd

Company Information
For The Year Ended 30 September 2023







DIRECTORS: Mrs K Perry
Mr C Perry





REGISTERED OFFICE: Unit 2, Enterprise House
17 Perry Road
Harlow
Essex
CM18 7NR





REGISTERED NUMBER: 09767749 (England and Wales)





ACCOUNTANTS: Giess Wallis Crisp LLP
10-12 Mulberry Green
Old Harlow
Essex
CM17 0ET

Bouncefitbody Ltd (Registered number: 09767749)

Statement of Financial Position
30 September 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Property, plant and equipment 4 179,351 186,996

CURRENT ASSETS
Inventories 18,740 32,500
Debtors 5 168,051 129,090
Cash at bank and in hand 118,396 149,845
305,187 311,435
CREDITORS
Amounts falling due within one year 6 64,874 42,598
NET CURRENT ASSETS 240,313 268,837
TOTAL ASSETS LESS CURRENT
LIABILITIES

419,664

455,833

PROVISIONS FOR LIABILITIES 8 8,912 8,890
NET ASSETS 410,752 446,943

CAPITAL AND RESERVES
Called up share capital 9 100 100
Retained earnings 410,652 446,843
SHAREHOLDERS' FUNDS 410,752 446,943

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 12 March 2024 and were signed on its behalf by:





Mrs K Perry - Director


Bouncefitbody Ltd (Registered number: 09767749)

Notes to the Financial Statements
For The Year Ended 30 September 2023


1. STATUTORY INFORMATION

Bouncefitbody Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Significant judgements and estimates
In the application of the company's accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

There are no estimates and assumptions which have had a significant risk of causing a material adjustment to the carrying amount of assets and liabilities

Turnover
Revenue is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Improvements to property - Straight line over 20 years
Fixtures and fittings - 20% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - Straight line over 3 years

Stocks
Inventories are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Bouncefitbody Ltd (Registered number: 09767749)

Notes to the Financial Statements - continued
For The Year Ended 30 September 2023


2. ACCOUNTING POLICIES - continued

Financial instruments
The company has elected to apply the provisions of Section 11:'Basic Financial Instruments' and Section 12 'Other Financial Instruments Issues ' of FRS 102 to all of its financial instruments

The company only enters into basic financial instruments that result in the recognition of financial assets and liabilities such as trade debtors and creditors.

Financial assets and liabilities are offset and the net amount reported in the statement of financial position when there is an enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Debtors
Short terms debtors are measured at transaction price, less any impairment.

Cash and cash equivalents
Cash is represented by current accounts, cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

Creditors
Short term creditors are measured at the transaction price.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 16 (2022 - 10 ) .

Bouncefitbody Ltd (Registered number: 09767749)

Notes to the Financial Statements - continued
For The Year Ended 30 September 2023


4. PROPERTY, PLANT AND EQUIPMENT
Improvements Fixtures
to and Motor Computer
property fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 October 2022 182,701 57,289 24,995 19,267 284,252
Additions 7,791 9,925 - - 17,716
At 30 September 2023 190,492 67,214 24,995 19,267 301,968
DEPRECIATION
At 1 October 2022 42,497 25,291 16,895 12,573 97,256
Charge for year 9,525 8,384 2,025 5,427 25,361
At 30 September 2023 52,022 33,675 18,920 18,000 122,617
NET BOOK VALUE
At 30 September 2023 138,470 33,539 6,075 1,267 179,351
At 30 September 2022 140,204 31,998 8,100 6,694 186,996

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 11,531 2,202
Other debtors 156,520 126,888
168,051 129,090

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts (see note 7) 3,760 2,747
Taxation and social security 52,359 32,166
Other creditors 8,755 7,685
64,874 42,598

7. LOANS

An analysis of the maturity of loans is given below:

2023 2022
£    £   
Amounts falling due within one year or on demand:
Bank overdrafts 3,760 2,747

8. PROVISIONS FOR LIABILITIES
2023 2022
£    £   
Deferred tax 8,912 8,890

Bouncefitbody Ltd (Registered number: 09767749)

Notes to the Financial Statements - continued
For The Year Ended 30 September 2023


8. PROVISIONS FOR LIABILITIES - continued

Deferred
tax
£   
Balance at 1 October 2022 8,890
Provided during year 22
Balance at 30 September 2023 8,912

9. CALLED UP SHARE CAPITAL

Allotted and issued:
Number: Class: Nominal 2023 2022
value: £    £   
100 Ordinary £1 100 100