Company Registration No. SC397777 (Scotland)
Gymkit Gymnasium Services Limited
Annual Accounts
for the year ended 30 April 2024
Gymkit Gymnasium Services Limited
Annual Accounts
Contents
Gymkit Gymnasium Services Limited
Company Information
for the year ended 30 April 2024
Company Number
SC397777 (Scotland)
Registered Office
53 CROW ROAD
LENNOXTOWN
GLASGOW
G66 7HX
Accountants
Simplex Accounting
55 Westfarm Cresent
Cambuslang
Glasgow
G72 7RW
Gymkit Gymnasium Services Limited
Statement of financial position
as at 30 April 2024
Tangible assets
6,712
8,950
Cash at bank and in hand
21,282
22,809
Creditors: amounts falling due within one year
(19,211)
(17,516)
Net current assets
11,893
5,293
Total assets less current liabilities
18,605
14,243
Creditors: amounts falling due after more than one year
(11,861)
(13,991)
Called up share capital
1
1
Profit and loss account
6,743
251
Shareholders' funds
6,744
252
For the year ending 30 April 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 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 4 September 2024 and were signed on its behalf by
Brian Coyle
Director
Company Registration No. SC397777
Gymkit Gymnasium Services Limited
Notes to the Accounts
for the year ended 30 April 2024
Gymkit Gymnasium Services Limited is a private company, limited by shares, registered in Scotland, registration number SC397777. The registered office is 53 CROW ROAD, LENNOXTOWN, GLASGOW, G66 7HX.
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
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 May 2023
977
16,023
17,000
At 30 April 2024
977
16,023
17,000
At 1 May 2023
977
7,073
8,050
Charge for the year
-
2,238
2,238
At 30 April 2024
977
9,311
10,288
At 30 April 2024
-
6,712
6,712
At 30 April 2023
-
8,950
8,950
Amounts falling due within one year
Gymkit Gymnasium Services Limited
Notes to the Accounts
for the year ended 30 April 2024
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
-
9,896
Taxes and social security
1,920
3,816
7
Creditors: amounts falling due after more than one year
2024
2023
8
Average number of employees
During the year the average number of employees was 3 (2023: 3).