SOCAL GYM LTD

Company Registration Number:
12806715 (England and Wales)

Unaudited statutory accounts for the year ended 31 August 2024

Period of accounts

Start date: 01 September 2023

End date: 31 August 2024

SOCAL GYM LTD

Contents of the Financial Statements

for the Period Ended 31 August 2024

Company Information - 3
Profit and Loss Account - 4
Balance sheet - 5
Additional notes - 7
Balance sheet notes - 10

SOCAL GYM LTD

Company Information

for the Period Ended 31 August 2024




Director: Amy Wakeman
Ryan Hulbert
Registered office: 13 Barlow Place
Wadeson Road
Ardwick Green
Manchester
England
M13 9PF
Company Registration Number: 12806715 (England and Wales)

SOCAL GYM LTD

Profit and Loss Account

for the Period Ended 31 August 2024


Notes

2024
£

2023
£
Turnover 49,673 34,003
Cost of sales ( 3,282 ) ( 3,003 )
Gross Profit or (Loss) 46,391 31,000
Administrative Expenses ( 39,319 ) ( 33,131 )
Operating Profit or (Loss) 7,072 ( 2,131 )
Profit or (Loss) Before Tax 7,072 ( 2,131 )
Tax on Profit ( 83 ) -
Profit or (Loss) for Period 6,989 ( 2,131 )

The notes form part of these financial statements

SOCAL GYM LTD

Balance sheet

As at 31 August 2024


Notes

2024
£

2023
£
Fixed assets
Total fixed assets: - -
Current assets
Debtors: 4 2,694 1,299
Cash at bank and in hand: 10,107 2,044
Total current assets: 12,801 3,343
Creditors: amounts falling due within one year: 5 ( 12,364 ) ( 288 )
Net current assets (liabilities): 437 3,055
Total assets less current liabilities: 437 3,055
Creditors: amounts falling due after more than one year: 6 ( 0 ) ( 5,183 )
Total net assets (liabilities): 437 ( 2,128 )

The notes form part of these financial statements

SOCAL GYM LTD

Balance sheet continued

As at 31 August 2024


Notes

2024
£

2023
£
Capital and reserves
Called up share capital: 2 2
Profit and loss account: 435 ( 2,130 )
Shareholders funds: 437 ( 2,128 )

For the year ending 31 August 2024 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 19 September 2024
And Signed On Behalf Of The Board By:

Name: Amy Wakeman
Status: Director

Name: Ryan Hulbert
Status: Director

The notes form part of these financial statements

SOCAL GYM LTD

Notes to the Financial Statements

for the Period Ended 31 August 2024

  • 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

SOCAL GYM LTD

Notes to the Financial Statements

for the Period Ended 31 August 2024

  • 2. Employees


    2024

    2023
    Average number of employees during the period 2 2

SOCAL GYM LTD

Notes to the Financial Statements

for the Period Ended 31 August 2024

  • 3. Off balance sheet disclosure

    No

SOCAL GYM LTD

Notes to the Financial Statements

for the Period Ended 31 August 2024

4. Debtors


2024
£

2023
£
Other debtors 2,694 1,299
Total 2,694 1,299

Deposit for Gym Leasing Equipment and VAT debtor

SOCAL GYM LTD

Notes to the Financial Statements

for the Period Ended 31 August 2024

5.Creditors: amounts falling due within one year note


2024
£

2023
£
Taxation and social security 288
Other creditors 12,364
Total 12,364 288

Directors Loan Account

SOCAL GYM LTD

Notes to the Financial Statements

for the Period Ended 31 August 2024

6.Creditors: amounts falling due after more than one year


2024
£

2023
£
Other creditors 0 5,183
Total 0 5,183