Company registration number:
09916874
No1 Gym Ltd
Unaudited filleted financial statements
30 June 2024
No1 Gym Ltd
Contents
Directors and other information
Accountants report
Statement of financial position and notes to the financial statements
No1 Gym Ltd
Directors and other information
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Directors |
James Michael Milburn |
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Stephen Bowyer |
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Company number |
09916874 |
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Registered office |
44 Merton Road |
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Ponteland |
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Newcastle upon Tyne |
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NE20 9PS |
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Business address |
44 Merton Road |
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Ponteland |
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Newcastle upon Tyne |
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NE20 9PS |
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Accountants |
Harrison Hutchinson Ltd |
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246 Park View |
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Whitley Bay |
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Tyne and Wear |
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NE26 3QX |
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No1 Gym Ltd
Chartered accountants report to the board of directors on the preparation of the
unaudited statutory financial statements of No1 Gym Ltd
Year ended 30th June 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of No1 Gym Ltd for the year ended 30th June 2024 which comprise the statement of financial position and related notes from the company's accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at http://www.icaew.com /en/members/regulations-standards-and-guidance/.
This report is made solely to the board of directors of No1 Gym Ltd, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the financial statements of No1 Gym Ltd and state those matters that we have agreed to state to the board of directors of No1 Gym Ltd as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than No1 Gym Ltd and its board of directors as a body for our work or for this report.
It is your duty to ensure that No1 Gym Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of No1 Gym Ltd. You consider that No1 Gym Ltd is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the financial statements of No1 Gym Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.
Harrison Hutchinson Ltd
Chartered Accountants
246 Park View
Whitley Bay
Tyne and Wear
NE26 3QX
No1 Gym Ltd
Statement of financial position
30th June 2024
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30/06/24 |
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30/06/23 |
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£ |
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£ |
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Fixed assets |
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69,590 |
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59,703 |
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_______ |
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Current assets |
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4,698 |
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7,255 |
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Creditors: amounts falling due within one year |
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(
127,493) |
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(
86,295) |
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_______ |
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_______ |
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Net current liabilities |
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(
122,795) |
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(
79,040) |
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_______ |
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_______ |
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Total assets less current liabilities |
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(
53,205) |
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19,337) |
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Creditors: amounts falling due after more than one year |
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(
21,786) |
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26,710) |
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Accruals and deferred income |
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(
1,250) |
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2,130) |
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_______ |
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Net liabilities |
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(
76,241) |
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(
48,177) |
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_______ |
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_______ |
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Capital and reserves |
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(
76,241) |
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(
48,177) |
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_______ |
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_______ |
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Notes to the financial statements
No1 Gym Ltd
Year ended 30th June 2024
1.
Employee numbers
The average number of persons employed by the company during the year amounted to
2
(2023:
5
).
2.
Directors advances, credits and guarantees
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During the year the directors entered into the following advances and credits with the company: |
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Year ended 30/06/24 |
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Balance brought forward |
Advances /(credits) to the directors |
Amounts repaid |
Balance o/standing |
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£ |
£ |
£ |
£ |
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Stephen Bowyer |
(
31,538) |
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24,584) |
146 |
(
55,976) |
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Period ended 30/06/23 |
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Balance brought forward |
Advances /(credits) to the directors |
Amounts repaid |
Balance o/standing |
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£ |
£ |
£ |
£ |
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Stephen Bowyer |
(
34,966) |
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3,428 |
(
31,538) |
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For the year ending 30 June 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors responsiblities:
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The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
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The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The financial statements have been prepared in accordance with the micro-entity provisions and have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.
These financial statements were approved by the
board of directors
and authorised for issue on
31 August 2024
, and are signed on behalf of the board by:
Stephen Bowyer
Director
Company registration number:
09916874
The company is a private company limited by shares, registered in England and Wales.