2023-03-01 11212426 2024-02-29 11212426 2023-03-01 2024-02-29 11212426 2023-02-28 11212426 2022-03-01 2023-02-28 11212426 uk-core:WithinOneYear 2023-02-28 11212426 uk-core:WithinOneYear 2024-02-29 11212426 uk-core:ShareCapital 2024-02-29 11212426 uk-core:ShareCapital 2023-02-28 11212426 uk-core:RetainedEarningsAccumulatedLosses 2024-02-29 11212426 uk-core:RetainedEarningsAccumulatedLosses 2023-02-28 11212426 uk-bus:Director1 2023-03-01 2024-02-29 iso4217:GBP xbrli:pure 11212426 uk-bus:AuditExemptWithAccountantsReport 2023-03-01 2024-02-29 11212426 uk-bus:FRS102 2023-03-01 2024-02-29 11212426 uk-bus:FilletedAccounts 2023-03-01 2024-02-29 11212426 uk-bus:PrivateLimitedCompanyLtd 2023-03-01 2024-02-29
Over Gravity Gymnastics Ltd
Registered Number:11212426
For the year ended 29 February 2024
England and Wales
Unaudited Financial Statements
2
For the year ended 29 February 2024
Over Gravity Gymnastics Ltd
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
3
Registered Number :
11212426
As at 29 February 2024
Over Gravity Gymnastics Ltd
Statement of Financial Position
£
£
2023
2024
Notes
Fixed assets
Property, plant and equipment
22,446
23,812
2
22,446
23,812
Current assets
149,864
Cash and cash equivalents
211,306
211,306
149,864
Trade and other payables: amounts falling due within one
year
(27,110)
(42,056)
3
122,754
169,250
Net current assets
Total assets less current liabilities
191,696
146,566
191,696
Net assets
146,566
Capital and reserves
Called up share capital
100
100
Retained earnings
191,596
146,466
191,696
146,566
Shareholders' funds
For the year ended 29 February 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 29 February 2024 in accordance with Section 476 of the Companies Act 2006
The directors acknowledge their 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 Davide Giulio Buzzi Director
These financial statements were approved and authorised for issue by the Board on 22 March 2024 and were signed by:
The notes form part of these financial statements
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4
For the year ended 29 February 2024
Over Gravity Gymnastics Ltd
Notes to the Financial Statements
Statutory Information
Over Gravity Gymnastics Ltd is a private limited company, limited by shares, domiciled in England and Wales,
registration number 11212426.
Registered address:
Area 2
5 Hancock Road
London
E3 3DA
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax or other similar sales taxes.
Government grants
Government grants received are credited to deferred income. Grants towards capital expenditure are released to the profit and loss account over the expected useful life of the assets. Grants received towards revenue expenditure are released to the profit and loss account as the related expenditure is incurred.
2. Property, plant and equipment
Plant and
Machinery
£
Cost or
valuation
At 01 March 2023
49,934
6,116
Additions
At 29 February 2024
56,050
Provision for depreciation and impairment
At 01 March 2023
26,122
Charge for year
7,482
At 29 February 2024
33,604
At 29 February 2024
Net book value
22,446
At 28 February 2023
23,812
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5
For the year ended 29 February 2024
Over Gravity Gymnastics Ltd
Notes to the Financial Statements Continued
3. Trade and other payables: amounts falling due within one year
2023
2024
£
£
Trade creditors
-
1
Taxation and social security
31,816
25,818
Other creditors
10,240
1,291
42,056
27,110
4. Average number of persons employed
During the year the average number of employees was 0
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