Company Registration No. 10692514 (England and Wales)
SABER FITNESS LIMITED
Unaudited accounts
for the year ended 31 March 2024
SABER FITNESS LIMITED
Unaudited accounts
Contents
SABER FITNESS LIMITED
Company Information
for the year ended 31 March 2024
Company Number
10692514 (England and Wales)
Registered Office
23 GAINSBOROUGH DRIVE
BEDWORTH
WARWICKSHIRE
CV12 8DB
UNITED KINGDOM
Accountants
SQK Accountancy Limited
Use.Space
Paddock St
Manchester
North West England
M12 6PN
SABER FITNESS LIMITED
Accountants' report
Accountants' report to the director of SABER FITNESS LIMITED on the preparation of the unaudited statutory accounts for the year ended 31 March 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
SABER FITNESS LIMITED for the year ended
31 March 2024 as set out on pages
5 -
7 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of SABER FITNESS LIMITED, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of SABER FITNESS LIMITED and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than SABER FITNESS LIMITED and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that SABER FITNESS LIMITED has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and loss of SABER FITNESS LIMITED. You consider that SABER FITNESS LIMITED is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of SABER FITNESS LIMITED. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
SQK Accountancy Limited
Use.Space
Paddock St
Manchester
North West England
M12 6PN
27 August 2024
SABER FITNESS LIMITED
Statement of financial position
as at 31 March 2024
Tangible assets
11,537
14,454
Creditors: amounts falling due within one year
(52,214)
(48,491)
Net current liabilities
(32,933)
(12,953)
Total assets less current liabilities
(21,396)
1,501
Creditors: amounts falling due after more than one year
(14,018)
(19,975)
Net liabilities
(35,414)
(18,474)
Called up share capital
1
1
Profit and loss account
(35,415)
(18,475)
Shareholders' funds
(35,414)
(18,474)
For the year ending 31 March 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 27 August 2024 and were signed on its behalf by
Mr L. Butler
Director
Company Registration No. 10692514
SABER FITNESS LIMITED
Notes to the Accounts
for the year ended 31 March 2024
SABER FITNESS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 10692514. The registered office is 23 GAINSBOROUGH DRIVE, BEDWORTH, WARWICKSHIRE, CV12 8DB, UNITED KINGDOM.
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:
Plant & machinery
33% Straight Line
Motor vehicles
20% Reducing Balance
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 April 2023
99
32,045
32,144
At 31 March 2024
99
32,045
32,144
At 1 April 2023
66
17,624
17,690
Charge for the year
33
2,884
2,917
At 31 March 2024
99
20,508
20,607
At 31 March 2024
-
11,537
11,537
At 31 March 2023
33
14,421
14,454
SABER FITNESS LIMITED
Notes to the Accounts
for the year ended 31 March 2024
Amounts falling due within one year
Accrued income and prepayments
-
1,226
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
4,371
5,822
Obligations under finance leases and hire purchase contracts
6,638
6,638
Loans from directors
41,205
35,970
7
Creditors: amounts falling due after more than one year
2024
2023
Obligations under finance leases and hire purchase contracts
2,067
8,705
8
Average number of employees
During the year the average number of employees was 1 (2023: 1).