Acorah Software Products - Accounts Production 15.0.600 false true 31 December 2022 1 January 2022 false 1 January 2023 31 December 2023 31 December 2023 11104493 Mrs Tatiana Fletcher iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 11104493 2022-12-31 11104493 2023-12-31 11104493 2023-01-01 2023-12-31 11104493 frs-core:CurrentFinancialInstruments 2023-12-31 11104493 frs-core:Non-currentFinancialInstruments 2023-12-31 11104493 frs-core:PlantMachinery 2023-12-31 11104493 frs-core:PlantMachinery 2023-01-01 2023-12-31 11104493 frs-core:PlantMachinery 2022-12-31 11104493 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 11104493 frs-bus:CompanyLimitedByGuarantee 2023-01-01 2023-12-31 11104493 frs-bus:FilletedAccounts 2023-01-01 2023-12-31 11104493 frs-bus:SmallEntities 2023-01-01 2023-12-31 11104493 frs-bus:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 11104493 frs-bus:SmallCompaniesRegimeForAccounts 2023-01-01 2023-12-31 11104493 frs-bus:Director1 2023-01-01 2023-12-31 11104493 frs-countries:EnglandWales 2023-01-01 2023-12-31 11104493 2021-12-31 11104493 2022-12-31 11104493 2022-01-01 2022-12-31 11104493 frs-core:CurrentFinancialInstruments 2022-12-31 11104493 frs-core:Non-currentFinancialInstruments 2022-12-31 11104493 frs-core:RetainedEarningsAccumulatedLosses 2022-12-31
Registered number: 11104493
Phoenix Gymnastics Centre Peterborough Limited
Unaudited Financial Statements
For The Year Ended 31 December 2023
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 11104493
2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 - 26,399
- 26,399
CURRENT ASSETS
Stocks 5 - 4,000
Debtors 6 21,864 22,582
21,864 26,582
Creditors: Amounts Falling Due Within One Year 7 (13,812 ) (14,531 )
NET CURRENT ASSETS (LIABILITIES) 8,052 12,051
TOTAL ASSETS LESS CURRENT LIABILITIES 8,052 38,450
Creditors: Amounts Falling Due After More Than One Year 8 (26,513 ) (26,513 )
NET (LIABILITIES)/ASSETS (18,461 ) 11,937
Income and Expenditure Account (18,461 ) 11,937
MEMBERS' FUNDS (18,461) 11,937
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 member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges her 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 Income and Expenditure Account.
On behalf of the board
Mrs Tatiana Fletcher
Director
21/10/2024
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
Phoenix Gymnastics Centre Peterborough Limited is a private company, limited by guarantee, incorporated in England & Wales, registered number 11104493 . The registered office is 26 Maxwell Road, Peterborough, PE2 7JN.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the FRS 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.
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:
Plant & Machinery straight line
2.4. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 3 (2022: 5)
3 5
4. Tangible Assets
Plant & Machinery
£
Cost
As at 1 January 2023 71,392
As at 31 December 2023 71,392
Depreciation
As at 1 January 2023 44,993
Provided during the period 26,399
As at 31 December 2023 71,392
Net Book Value
As at 31 December 2023 -
As at 1 January 2023 26,399
5. Stocks
2023 2022
£ £
Stock - 4,000
Page 3
Page 4
6. Debtors
2023 2022
£ £
Due within one year
Other debtors 21,864 21,864
Other taxes and social security - 718
21,864 22,582
7. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Trade creditors - 2
Bank loans and overdrafts 13,812 12,889
Accruals and deferred income - 1,640
13,812 14,531
8. Creditors: Amounts Falling Due After More Than One Year
2023 2022
£ £
Bank loans 26,513 26,513
9. Company limited by guarantee
The company is limited by guarantee and has no share capital.
Every member of the company undertakes to contribute to the assets of the company, in the event of a winding up, such an amount as may be required not exceeding £1.
Page 4