Acorah Software Products - Accounts Production 15.0.600 false true 31 August 2023 1 September 2022 false 1 September 2023 31 August 2024 31 August 2024 13357011 Mr Daniel Bruce Mr Daniel Ellis iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 13357011 2023-08-31 13357011 2024-08-31 13357011 2023-09-01 2024-08-31 13357011 frs-core:CurrentFinancialInstruments 2024-08-31 13357011 frs-core:ComputerEquipment 2024-08-31 13357011 frs-core:ComputerEquipment 2023-09-01 2024-08-31 13357011 frs-core:ComputerEquipment 2023-08-31 13357011 frs-core:ShareCapital 2024-08-31 13357011 frs-core:RetainedEarningsAccumulatedLosses 2024-08-31 13357011 frs-bus:PrivateLimitedCompanyLtd 2023-09-01 2024-08-31 13357011 frs-bus:FilletedAccounts 2023-09-01 2024-08-31 13357011 frs-bus:SmallEntities 2023-09-01 2024-08-31 13357011 frs-bus:AuditExemptWithAccountantsReport 2023-09-01 2024-08-31 13357011 frs-bus:SmallCompaniesRegimeForAccounts 2023-09-01 2024-08-31 13357011 frs-bus:OrdinaryShareClass1 2023-09-01 2024-08-31 13357011 frs-bus:OrdinaryShareClass1 2024-08-31 13357011 frs-core:DeferredTaxation 2023-09-01 2024-08-31 13357011 frs-core:DeferredTaxation 2023-08-31 13357011 frs-core:DeferredTaxation 2024-08-31 13357011 frs-bus:Director1 2023-09-01 2024-08-31 13357011 frs-bus:Director2 2023-09-01 2024-08-31 13357011 frs-countries:EnglandWales 2023-09-01 2024-08-31 13357011 2022-08-31 13357011 2023-08-31 13357011 2022-09-01 2023-08-31 13357011 frs-core:CurrentFinancialInstruments 2023-08-31 13357011 frs-core:ShareCapital 2023-08-31 13357011 frs-core:RetainedEarningsAccumulatedLosses 2023-08-31 13357011 frs-bus:OrdinaryShareClass1 2022-09-01 2023-08-31
Registered number: 13357011
The Gym Republik Limited
Unaudited Financial Statements
For The Year Ended 31 August 2024
Ascendis Group
Chartered Certified Accountants, Taxation and Business Advisors
Unit 3, Building 2, The Colony Wilmslow
Altrincham Road
Wilmslow
Cheshire
SK9 4LY
Unaudited Financial Statements
Contents
Page
Accountant's Report 1
Balance Sheet 2—3
Notes to the Financial Statements 4—5
Page 1
Accountant's Report
Report to the directors on the preparation of the unaudited statutory accounts of The Gym Republik Limited for the year ended 31 August 2024
To assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of The Gym Republik Limited which comprise the Profit and Loss Account, the Balance Sheet and the related notes, from the company’s accounting records and from information and explanations you have given us.
As a practising member of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/en/member/professional-standards/rules-standards/acca-rulebook.html.
This report is made to the directors of The Gym Republik Limited , as a body, in accordance with the terms of our engagement letter dated 10 November 2023. Our work has been undertaken solely to prepare for your approval the accounts of The Gym Republik Limited and state those matters that we have agreed to state to the directors of The Gym Republik Limited , as a body, in this report in accordance with the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than The Gym Republik Limited and its directors as a body for our work or for this report.
It is your duty to ensure that The Gym Republik Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit or loss of The Gym Republik Limited . You consider that The Gym Republik Limited 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 accounts of The Gym Republik Limited . 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 financial statements.
Signed
16th October 2024
Ascendis Group
Chartered Certified Accountants, Taxation and Business Advisors
Unit 3, Building 2, The Colony Wilmslow
Altrincham Road
Wilmslow
Cheshire
SK9 4LY
Page 1
Page 2
Balance Sheet
Registered number: 13357011
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 3 659 397
659 397
CURRENT ASSETS
Debtors 4 25,656 17,149
Cash at bank and in hand 81,379 26,847
107,035 43,996
Creditors: Amounts Falling Due Within One Year 5 (88,496 ) (39,944 )
NET CURRENT ASSETS (LIABILITIES) 18,539 4,052
TOTAL ASSETS LESS CURRENT LIABILITIES 19,198 4,449
PROVISIONS FOR LIABILITIES
Deferred Taxation (60 ) -
NET ASSETS 19,138 4,449
CAPITAL AND RESERVES
Called up share capital 7 2 2
Profit and Loss Account 19,136 4,447
SHAREHOLDERS' FUNDS 19,138 4,449
Page 2
Page 3
For the year ending 31 August 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 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
Mr Daniel Bruce
Director
Mr Daniel Ellis
Director
16th October 2024
The notes on pages 4 to 5 form part of these financial statements.
Page 3
Page 4
Notes to the Financial Statements
1. Accounting Policies
1.1. 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.
1.2. 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.
1.3. 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:
Computer Equipment 20% Straight Line
1.4. 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.
2. Average Number of Employees
Average number of employees, including directors, during the year was as follows: 2 (2023: 2)
2 2
3. Tangible Assets
Computer Equipment
£
Cost
As at 1 September 2023 416
Additions 374
As at 31 August 2024 790
Depreciation
As at 1 September 2023 19
Provided during the period 112
As at 31 August 2024 131
...CONTINUED
Page 4
Page 5
Net Book Value
As at 31 August 2024 659
As at 1 September 2023 397
4. Debtors
2024 2023
£ £
Due within one year
Trade debtors 25,656 14,498
Other debtors - 2,651
25,656 17,149
5. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 25,773 11,527
Other creditors 49,878 26,640
Taxation and social security 12,845 1,777
88,496 39,944
6. Provisions for Liabilities
Deferred Tax
£
As at 1 September 2023 (928 )
Additions 988
Balance at 31 August 2024 60
7. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 2 2
Value Number 2024 2023
Allotted, called up and fully paid £ £ £
Ordinary Shares 1.000 2 2 2
8. General Information
The Gym Republik Limited is a private company, limited by shares, incorporated in England & Wales, registered number 13357011 . The registered office is Unit 3, Buliding 2, The Colony Wilmslow, Altrincham Road, Wilmslow, Cheshire, SK9 4LY.
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