STUDIO BURN FITNESS C.I.C.

Company limited by guarantee

Company Registration Number:
12309074 (England and Wales)

Unaudited statutory accounts for the year ended 30 November 2023

Period of accounts

Start date: 1 December 2022

End date: 30 November 2023

STUDIO BURN FITNESS C.I.C.

Contents of the Financial Statements

for the Period Ended 30 November 2023

Directors report
Profit and loss
Balance sheet
Additional notes
Balance sheet notes
Community Interest Report

STUDIO BURN FITNESS C.I.C.

Directors' report period ended 30 November 2023

The directors present their report with the financial statements of the company for the period ended 30 November 2023

Principal activities of the company

The company's principal activities during the year were the provision of fitness and wellbeing activities.



Directors

The directors shown below have held office during the whole of the period from
1 December 2022 to 30 November 2023

C THIRLWALL
C J BATTEN
C A THIRLWALL
G TUNSTALL


The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
20 August 2024

And signed on behalf of the board by:
Name: C THIRLWALL
Status: Director

STUDIO BURN FITNESS C.I.C.

Profit And Loss Account

for the Period Ended 30 November 2023

2023 2022


£

£
Turnover: 37,439 33,504
Cost of sales: ( 18,368 ) ( 19,526 )
Gross profit(or loss): 19,071 13,978
Administrative expenses: ( 20,913 ) ( 6,917 )
Operating profit(or loss): (1,842) 7,061
Interest payable and similar charges: ( 235 ) ( 310 )
Profit(or loss) before tax: (2,077) 6,751
Profit(or loss) for the financial year: (2,077) 6,751

STUDIO BURN FITNESS C.I.C.

Balance sheet

As at 30 November 2023

Notes 2023 2022


£

£
Fixed assets
Tangible assets: 3 2,871 3,378
Total fixed assets: 2,871 3,378
Current assets
Cash at bank and in hand: 3,771 6,200
Total current assets: 3,771 6,200
Creditors: amounts falling due within one year: 4 ( 5,627 ) ( 3,726 )
Net current assets (liabilities): (1,856) 2,474
Total assets less current liabilities: 1,015 5,852
Creditors: amounts falling due after more than one year: 5 ( 4,750 ) ( 7,510 )
Total net assets (liabilities): (3,735) (1,658)
Members' funds
Profit and loss account: (3,735) ( 1,658)
Total members' funds: ( 3,735) (1,658)

The notes form part of these financial statements

STUDIO BURN FITNESS C.I.C.

Balance sheet statements

For the year ending 30 November 2023 the company was entitled to exemption 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.

This report was approved by the board of directors on 20 August 2024
and signed on behalf of the board by:

Name: C THIRLWALL
Status: Director

The notes form part of these financial statements

STUDIO BURN FITNESS C.I.C.

Notes to the Financial Statements

for the Period Ended 30 November 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Tangible fixed assets depreciation policy

    Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life:Equipment - 15% reducing balance

STUDIO BURN FITNESS C.I.C.

Notes to the Financial Statements

for the Period Ended 30 November 2023

  • 2. Employees

    2023 2022
    Average number of employees during the period 4 4

STUDIO BURN FITNESS C.I.C.

Notes to the Financial Statements

for the Period Ended 30 November 2023

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 December 2022 5,500 5,500
Additions
Disposals
Revaluations
Transfers
At 30 November 2023 5,500 5,500
Depreciation
At 1 December 2022 2,122 2,122
Charge for year 507 507
On disposals
Other adjustments
At 30 November 2023 2,629 2,629
Net book value
At 30 November 2023 2,871 2,871
At 30 November 2022 3,378 3,378

STUDIO BURN FITNESS C.I.C.

Notes to the Financial Statements

for the Period Ended 30 November 2023

4. Creditors: amounts falling due within one year note

2023 2022
£ £
Bank loans and overdrafts 3,000 3,240
Accruals and deferred income 2,627 486
Total 5,627 3,726

STUDIO BURN FITNESS C.I.C.

Notes to the Financial Statements

for the Period Ended 30 November 2023

5. Creditors: amounts falling due after more than one year note

2023 2022
£ £
Bank loans and overdrafts 4,750 7,510
Total 4,750 7,510

COMMUNITY INTEREST ANNUAL REPORT

STUDIO BURN FITNESS C.I.C.

Company Number: 12309074 (England and Wales)

Year Ending: 30 November 2023

Company activities and impact

The company is committed to enhancing the health and wellbeing of local communities through the provision of a wide range of accessible and inclusive fitness and wellness activities. During the year we have offered a wide array of activities, providing much needed services to individuals of all ages and abilities within deprived communities. Whilst our services are open to everyone, we have placed particular emphasis on supporting women, especially those with learning difficulties, additional needs, those experiencing domestic abuse, and other vulnerable groups.

Consultation with stakeholders

Our primary stakeholders are individuals and local community groups who attend our health, wellbeing and activity sessions. At all sessions feedback is encouraged in order to assist us in planning and shaping future delivery to match participants needs.

Directors' remuneration

No remuneration was received

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
20 August 2024

And signed on behalf of the board by:
Name: C THIRLWALL
Status: Director