2023-02-01 NI628671 2024-01-31 NI628671 2023-02-01 2024-01-31 NI628671 2023-01-31 NI628671 2022-02-01 2023-01-31 NI628671 uk-core:WithinOneYear 2023-01-31 NI628671 uk-core:WithinOneYear 2024-01-31 NI628671 uk-core:ShareCapital 2024-01-31 NI628671 uk-core:ShareCapital 2023-01-31 NI628671 uk-core:RetainedEarningsAccumulatedLosses 2024-01-31 NI628671 uk-core:RetainedEarningsAccumulatedLosses 2023-01-31 NI628671 uk-bus:Director1 2023-02-01 2024-01-31 NI628671 uk-core:PlantMachinery 2023-02-01 2024-01-31 NI628671 uk-core:ComputerEquipment 2023-02-01 2024-01-31 NI628671 uk-core:FurnitureFittings 2023-02-01 2024-01-31 NI628671 uk-core:ComputerEquipment 2023-01-31 NI628671 uk-core:FurnitureFittings 2023-01-31 NI628671 uk-core:PlantMachinery 2023-01-31 NI628671 uk-core:Buildings 2023-01-31 NI628671 uk-core:PlantMachinery 2024-01-31 NI628671 uk-core:FurnitureFittings 2024-01-31 NI628671 uk-core:ComputerEquipment 2024-01-31 NI628671 uk-core:Buildings 2024-01-31 NI628671 uk-core:Buildings 2023-02-01 2024-01-31 NI628671 uk-core:WithinOneYear 2024-01-31 NI628671 uk-core:WithinOneYear 2023-01-31 iso4217:GBP xbrli:pure NI628671 uk-bus:AuditExemptWithAccountantsReport 2023-02-01 2024-01-31 NI628671 uk-bus:FRS102 2023-02-01 2024-01-31 NI628671 uk-bus:FilletedAccounts 2023-02-01 2024-01-31 NI628671 uk-bus:PrivateLimitedCompanyLtd 2023-02-01 2024-01-31
Skye Fitness Limited
Registered Number:NI628671
For the year ended 31 January 2024
Northern Ireland
Unaudited Financial Statements
2
For the year ended 31 January 2024
Skye Fitness Limited
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
3
Registered Number :
NI628671
As at 31 January 2024
Skye Fitness Limited
Statement of Financial Position
£
£
2023
2024
Notes
Fixed assets
Property, plant and equipment
28,702
31,543
2
28,702
31,543
Current assets
Inventories
1,494
1,464
3
Trade and other receivables
131
590
4
9,510
Cash and cash equivalents
5,249
7,303
11,135
Trade and other payables: amounts falling due within one
year
(33,357)
(35,920)
5
(22,222)
(28,617)
Net current liabilities
Total assets less current liabilities
85
9,321
85
Net assets
9,321
Capital and reserves
Called up share capital
2
2
Retained earnings
83
9,319
85
9,321
Shareholders' funds
For the year ended 31 January 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 of its financial statements for the year ended 31 January 2024 in accordance with Section 476 of the Companies Act 2006
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section
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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Mr Gary Robertson Director
These financial statements were approved and authorised for issue by the Board on 16 August 2024 and were signed by:
The notes form part of these financial statements
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4
For the year ended 31 January 2024
Skye Fitness Limited
Notes to the Financial Statements
Statutory Information
Skye Fitness Limited is a private limited company, limited by shares, domiciled in Northern Ireland, registration number
NI628671.
Registered address:
21 Ballyhannon Park
Portadown
Armagh
BT63 5SF
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.
Property, plant and equipment
Property, plant and equipment, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis.
Plant and Machinery
15 Reducing balance
15 Reducing balance
Computer Equipment
15 Reducing balance
Furniture and Fittings
Inventories
Inventories are value at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
2. Property, plant and equipment
Total
Computer
Equipment
Furniture and
Fittings
Plant and
Machinery
Land and
Buildings
£
£
£
£
£
Cost or
valuation
At 01 February 2023
54,192
2,113
16,642
22,837
12,600
At 31 January 2024
22,837
16,642
2,113
54,192
12,600
Provision for depreciation and impairment
At 01 February 2023
22,649
1,231
11,851
9,567
-
Charge for year
2,841
132
719
1,990
-
At 31 January 2024
25,490
1,363
12,570
11,557
-
At 31 January 2024
Net book value
12,600
11,280
4,072
750
28,702
At 31 January 2023
12,600
13,270
4,791
882
31,543
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5
For the year ended 31 January 2024
Skye Fitness Limited
Notes to the Financial Statements Continued
3. Inventories
2023
2024
£
£
Stocks
1,464
1,494
4. Trade and other receivables
2023
2024
£
£
Trade debtors
590
131
5. Trade and other payables: amounts falling due within one year
2023
2024
£
£
Bank loans and overdraft
992
1,039
Trade creditors
306
176
Taxation and social security
12,278
9,491
Other creditors
22,344
22,651
35,920
33,357
6. Average number of persons employed
During the year the average number of employees was 5 (2023 : 5)
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