Company Registration No. 10225056 (England and Wales)
FC Gym Limited
Unaudited accounts
for the year ended 31 December 2023
FC Gym Limited
Unaudited accounts
Contents
FC Gym Limited
Company Information
for the year ended 31 December 2023
Director
Mandeep Singh Johal
Company Number
10225056 (England and Wales)
Registered Office
57-59 BALHAM HIGH ROAD BALHAM HIGH ROAD
LONDON
SW12 9AW
ENGLAND
FC Gym Limited
Statement of financial position
as at 31 December 2023
Tangible assets
197,586
216,849
Cash at bank and in hand
98,633
58,012
Creditors: amounts falling due within one year
(819,187)
(815,742)
Net current liabilities
(677,026)
(713,540)
Total assets less current liabilities
(479,440)
(496,691)
Creditors: amounts falling due after more than one year
(45,497)
(55,639)
Net liabilities
(524,937)
(552,330)
Called up share capital
100
100
Profit and loss account
(525,037)
(552,430)
Shareholders' funds
(524,937)
(552,330)
For the year ending 31 December 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.
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 26 July 2024 and were signed on its behalf by
Mandeep Singh Johal
Director
Company Registration No. 10225056
FC Gym Limited
Notes to the Accounts
for the year ended 31 December 2023
FC Gym Limited is a private company, limited by shares, registered in England and Wales, registration number 10225056. The registered office is 57-59 BALHAM HIGH ROAD BALHAM HIGH ROAD, LONDON, SW12 9AW, 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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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:
4
Tangible fixed assets
Land & buildings
Plant & machinery
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 January 2023
291,721
100,554
2,042
394,317
At 31 December 2023
291,721
101,900
2,042
395,663
At 1 January 2023
76,053
100,156
1,259
177,468
Charge for the year
19,602
468
539
20,609
At 31 December 2023
95,655
100,624
1,798
198,077
At 31 December 2023
196,066
1,276
244
197,586
At 31 December 2022
215,668
398
783
216,849
Amounts falling due within one year
Accrued income and prepayments
1,861
2,424
Other debtors
41,667
41,766
FC Gym Limited
Notes to the Accounts
for the year ended 31 December 2023
6
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
9,720
5,000
Obligations under finance leases and hire purchase contracts
-
31,667
Trade creditors
18,392
13,569
Amounts owed to group undertakings and other participating interests
635,153
571,137
Taxes and social security
1,962
2,265
Other creditors
16,202
41,664
Deferred income
127,716
141,659
7
Creditors: amounts falling due after more than one year
2023
2022
Obligations under finance leases and hire purchase contracts
9,095
13,177
Taxes and social security
249
-
8
Average number of employees
During the year the average number of employees was 8 (2022: 7).