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REGISTERED NUMBER: 08147809 (England and Wales)














UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST DECEMBER 2023

FOR

PERFORMANCE YOGA LTD

PERFORMANCE YOGA LTD (REGISTERED NUMBER: 08147809)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST DECEMBER 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


PERFORMANCE YOGA LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31ST DECEMBER 2023







DIRECTORS: E M Ahlberg
Mrs P J Ahlberg





REGISTERED OFFICE: 147 All Saints Road
Newmarket
Suffolk
CB8 8HH





REGISTERED NUMBER: 08147809 (England and Wales)





ACCOUNTANTS: NKT Accountants
11 Kings Court
Willie Snaith Road
Newmarket
Suffolk
CB8 7SG

PERFORMANCE YOGA LTD (REGISTERED NUMBER: 08147809)

BALANCE SHEET
31ST DECEMBER 2023

31/12/23 31/12/22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 5,100 7,710
Investments 5 - 100
5,100 7,810

CURRENT ASSETS
Debtors 6 5,319 12,209
Cash at bank and in hand 2,171 2,145
7,490 14,354
CREDITORS
Amounts falling due within one year 7 21,147 27,761
NET CURRENT LIABILITIES (13,657 ) (13,407 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(8,557

)

(5,597

)

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings (8,657 ) (5,697 )
SHAREHOLDERS' FUNDS (8,557 ) (5,597 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st December 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st December 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps 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 Sections 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.

PERFORMANCE YOGA LTD (REGISTERED NUMBER: 08147809)

BALANCE SHEET - continued
31ST DECEMBER 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 24th September 2024 and were signed on its behalf by:





E M Ahlberg - Director


PERFORMANCE YOGA LTD (REGISTERED NUMBER: 08147809)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST DECEMBER 2023

1. STATUTORY INFORMATION

Performance Yoga Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
Although the company was insolvent at the balance sheet date, the accounts have been prepared on the going concern basis. The company is dependent upon the continued support of the directors.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Improvements to property - 10% on cost
Plant and machinery - 20% on reducing balance
Fixtures and fittings - 20% on reducing balance
Computer equipment - 33% on cost

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

PERFORMANCE YOGA LTD (REGISTERED NUMBER: 08147809)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST DECEMBER 2023

2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2022 - NIL).

4. TANGIBLE FIXED ASSETS
Improvements Fixtures
to Plant and and Computer
property machinery fittings equipment Totals
£    £    £    £    £   
COST
At 1st January 2023
and 31st December 2023 39,781 36,685 7,252 2,928 86,646
DEPRECIATION
At 1st January 2023 37,931 32,015 6,062 2,928 78,936
Charge for year 1,480 890 240 - 2,610
At 31st December 2023 39,411 32,905 6,302 2,928 81,546
NET BOOK VALUE
At 31st December 2023 370 3,780 950 - 5,100
At 31st December 2022 1,850 4,670 1,190 - 7,710

5. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1st January 2023 100
Disposals (100 )
At 31st December 2023 -
NET BOOK VALUE
At 31st December 2023 -
At 31st December 2022 100

PERFORMANCE YOGA LTD (REGISTERED NUMBER: 08147809)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST DECEMBER 2023

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/12/23 31/12/22
£    £   
Trade debtors 420 940
Other debtors 4,899 11,269
5,319 12,209

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/12/23 31/12/22
£    £   
Bank loans and overdrafts 16,640 17,345
Trade creditors 481 2,348
Other creditors 4,026 8,068
21,147 27,761

8. ULTIMATE CONTROLLING PARTY

In the opinion of the directors there is no controlling party.