2023-02-01 04653190 2024-01-31 04653190 2023-02-01 2024-01-31 04653190 2023-01-31 04653190 2022-02-01 2023-01-31 04653190 uk-core:WithinOneYear 2023-01-31 04653190 uk-core:WithinOneYear 2024-01-31 04653190 uk-core:ShareCapital 2024-01-31 04653190 uk-core:ShareCapital 2023-01-31 04653190 uk-core:RetainedEarningsAccumulatedLosses 2024-01-31 04653190 uk-core:RetainedEarningsAccumulatedLosses 2023-01-31 04653190 uk-bus:Director1 2023-02-01 2024-01-31 04653190 uk-core:FurnitureFittingsToolsEquipment 2023-02-01 2024-01-31 04653190 1 uk-bus:Director1 2023-02-01 2024-01-31 04653190 1 uk-bus:Director1 2024-01-31 04653190 1 uk-bus:Director1 2023-01-31 iso4217:GBP xbrli:pure 04653190 uk-bus:AuditExempt-NoAccountantsReport 2023-02-01 2024-01-31 04653190 uk-bus:FRS102 2023-02-01 2024-01-31 04653190 uk-bus:FilletedAccounts 2023-02-01 2024-01-31 04653190 uk-bus:PrivateLimitedCompanyLtd 2023-02-01 2024-01-31
Bodylines Pilates & Fitness Limited
Registered Number:04653190
For the year ended 31 January 2024
England and Wales
Unaudited Financial Statements
2
For the year ended 31 January 2024
Bodylines Pilates & Fitness Limited
Contents Page
1
Statement of Financial Position
2 to 4
Notes to the Financial Statements
3
Registered Number :
04653190
As at 31 January 2024
Bodylines Pilates & Fitness Limited
Statement of Financial Position
£
£
2023
2024
Notes
Fixed assets
Property, plant and equipment
7,355
9,627
2
7,355
9,627
Current assets
Trade and other receivables
6,386
5,421
3
4,325
Cash and cash equivalents
2,641
8,062
10,711
Trade and other payables: amounts falling due within one
year
(11,564)
(6,369)
4
(853)
1,693
Net current assets
Total assets less current liabilities
9,048
8,774
(1,397)
(1,829)
Provisions for liabilities
7,651
Net assets
6,945
Capital and reserves
Called up share capital
1
1
Retained earnings
7,650
6,944
7,651
6,945
Shareholders' funds
For the year ended 31 January 2024 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 of its financial statements for the year ended 31 January 2024 in accordance with Section 476 of the Companies Act 2006
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section
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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
D M Milstone Director
These financial statements were approved and authorised for issue by the Board on 12 August 2024 and were signed by:
The notes form part of these financial statements
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4
For the year ended 31 January 2024
Bodylines Pilates & Fitness Limited
Notes to the Financial Statements
Statutory Information
Bodylines Pilates & Fitness Limited is a private limited company, limited by shares, domiciled in England and Wales,
registration number 04653190.
Registered address:
22 Percy Drive
Bricket Wood
Hertfordshire
AL2 3FU
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention.
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Property, plant and equipment
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
25% Reducing balance
Fixtures and fittings
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.
Hire purchase and leasing commitments
Rentals payable under operating leases are charged against income on a straight line basis over the lease term.
Financial Instruments
Financial instruments are recognised in the company's balance sheet when the company becomes party to the
contractual provisions of the instrument.
Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction
price.
Basic financial liabilities
Basic financial liabilities are initially recognised at transaction price unless the arrangement constitutes a financing
transaction, where the debt instrument is measured at the present value of the future payments discounted at a
market rate of interest. Financial liabilities classified as payable within one year are not amortised.
Equity Instruments
Equity instruments issued by the company are recorded at t the proceeds received. Dividends payable on equity
instruments are recognised as liabilities once they are no longer at the discretion of the company.
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5
For the year ended 31 January 2024
Bodylines Pilates & Fitness Limited
Notes to the Financial Statements Continued
2. Property, plant and equipment
Fixtures and
fittings
£
Cost or
valuation
At 01 February 2023
33,154
180
Additions
At 31 January 2024
33,334
Provision for depreciation and impairment
At 01 February 2023
23,527
Charge for year
2,452
At 31 January 2024
25,979
At 31 January 2024
Net book value
7,355
At 31 January 2023
9,627
3. Trade and other receivables
2023
2024
£
£
Prepayments and accrued income
1,951
3,236
Amounts owed by directors
320
-
Other debtors
3,150
3,150
6,386
5,421
4. Trade and other payables: amounts falling due within one year
2023
2024
£
£
Taxation and social security
5,038
4,488
Accruals and deferred income
1,331
1,416
Directors' loan accounts
-
5,660
6,369
11,564
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6
For the year ended 31 January 2024
Bodylines Pilates & Fitness Limited
Notes to the Financial Statements Continued
5. Directors advances and guarantees
At 01/02/2023
Loaned
Repaid
At 31/01/2024
£
£
£
£
D M Milstone
Director's Loan Account
320
-
1,823
1,502
320
-
1,823
1,502
The director's overdrawn loan account was unsecured and repayable on demand. No interest was charged.
6. Guarantees and other financial commitments
Lease commitments
At 31 January 2024 the company had annual commitments under non-cancellable operating leases as set out
below:
2023
£
2024
£
Operating leases which expire:
1,877
4,722
Within 1 year
1,877
4,722
7. Average number of persons employed
During the year the average number of employees was 1 (2023 : 1)
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