Acorah Software Products - Accounts Production 14.6.300 false true 31 December 2022 1 January 2022 false 1 January 2023 31 December 2023 31 December 2023 03618478 Miss Chanelle Ramsey Miss Chanelle Ramsey Mrs Chanelle Ramsey iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 03618478 2022-12-31 03618478 2023-12-31 03618478 2023-01-01 2023-12-31 03618478 frs-core:CurrentFinancialInstruments 2023-12-31 03618478 frs-core:Non-currentFinancialInstruments 2023-12-31 03618478 frs-core:FurnitureFittings 2023-12-31 03618478 frs-core:FurnitureFittings 2023-01-01 2023-12-31 03618478 frs-core:FurnitureFittings 2022-12-31 03618478 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-12-31 03618478 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-01-01 2023-12-31 03618478 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2022-12-31 03618478 frs-core:PlantMachinery 2023-12-31 03618478 frs-core:PlantMachinery 2023-01-01 2023-12-31 03618478 frs-core:PlantMachinery 2022-12-31 03618478 frs-core:ShareCapital 2023-12-31 03618478 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 03618478 frs-bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 03618478 frs-bus:FilletedAccounts 2023-01-01 2023-12-31 03618478 frs-bus:SmallEntities 2023-01-01 2023-12-31 03618478 frs-bus:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 03618478 frs-bus:SmallCompaniesRegimeForAccounts 2023-01-01 2023-12-31 03618478 frs-bus:Director1 2023-01-01 2023-12-31 03618478 frs-bus:CompanySecretary1 2023-01-01 2023-12-31 03618478 frs-bus:CompanySecretary2 2023-01-01 2023-12-31 03618478 frs-countries:EnglandWales 2023-01-01 2023-12-31 03618478 2021-12-31 03618478 2022-12-31 03618478 2022-01-01 2022-12-31 03618478 frs-core:CurrentFinancialInstruments 2022-12-31 03618478 frs-core:Non-currentFinancialInstruments 2022-12-31 03618478 frs-core:ShareCapital 2022-12-31 03618478 frs-core:RetainedEarningsAccumulatedLosses 2022-12-31
Registered number: 03618478
The Factory Fitness & Dance Centre Limited
Unaudited Financial Statements
For The Year Ended 31 December 2023
Onpoint Accounting
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 03618478
2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 6,294 30,176
6,294 30,176
CURRENT ASSETS
Debtors 5 77,522 67,571
Cash at bank and in hand 48,681 15,011
126,203 82,582
Creditors: Amounts Falling Due Within One Year 6 (65,507 ) (51,455 )
NET CURRENT ASSETS (LIABILITIES) 60,696 31,127
TOTAL ASSETS LESS CURRENT LIABILITIES 66,990 61,303
Creditors: Amounts Falling Due After More Than One Year 7 - (25,804 )
NET ASSETS 66,990 35,499
CAPITAL AND RESERVES
Called up share capital 8 100 100
Profit and Loss Account 66,890 35,399
SHAREHOLDERS' FUNDS 66,990 35,499
Page 1
Page 2
For the year ending 31 December 2023 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 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Miss Chanelle Ramsey
Director
19/09/2024
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
The Factory Fitness & Dance Centre Limited is a private company, limited by shares, incorporated in England & Wales, registered number 03618478 . The registered office is 407 Hornsey Road, London, N19 4DX.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Leasehold 10%
Plant & Machinery 20%
Fixtures & Fittings 7%
3. Average Number of Employees
Average number of employees, including directors, during the year was: 4 (2022: 4)
4 4
4. Tangible Assets
Land & Property
Leasehold Plant & Machinery Fixtures & Fittings Total
£ £ £ £
Cost
As at 1 January 2023 5,240 23,508 11,026 39,774
As at 31 December 2023 5,240 23,508 11,026 39,774
Depreciation
As at 1 January 2023 524 4,805 4,269 9,598
Provided during the period 4,716 12,409 6,757 23,882
As at 31 December 2023 5,240 17,214 11,026 33,480
Net Book Value
As at 31 December 2023 - 6,294 - 6,294
As at 1 January 2023 4,716 18,703 6,757 30,176
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Page 4
5. Debtors
2023 2022
£ £
Due within one year
Trade debtors 9,730 3,156
Other debtors 67,792 64,415
77,522 67,571
6. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Trade creditors 9,015 -
Bank loans and overdrafts 45,388 16,718
Other loans 29,937 -
Other creditors (62,939) 13,133
Taxation and social security 44,106 21,604
65,507 51,455
7. Creditors: Amounts Falling Due After More Than One Year
2023 2022
£ £
Bank loans - 25,804
8. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 100 100
Page 4