Company Registration No. 10894912 (England and Wales)
ALPHABET GYM LTD
Unaudited accounts
for the year ended 31 August 2024
ALPHABET GYM LTD
Unaudited accounts
Contents
ALPHABET GYM LTD
Company Information
for the year ended 31 August 2024
Directors
P Narendran
J McMahon
Company Number
10894912 (England and Wales)
Registered Office
Units 1 - 3 Beacon Tower
Bristol
BS1 4UB
England
Accountants
FARQUHAR PARTNERSHIP LIMITED
151 WHITELADIES ROAD
CLIFTON
BRISTOL
BS8 2RA
ALPHABET GYM LTD
Statement of financial position
as at 31 August 2024
Cash at bank and in hand
251,550
596
Creditors: amounts falling due within one year
(5,261)
(1,000)
Net current assets
813,830
1,285,164
Total assets less current liabilities
1,469,580
1,290,064
Creditors: amounts falling due after more than one year
(1,309,784)
(1,319,784)
Net assets/(liabilities)
159,796
(29,720)
Called up share capital
11,417
111
Profit and loss account
(101,077)
(29,831)
Shareholders' funds
159,796
(29,720)
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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 25 October 2024 and were signed on its behalf by
P Narendran
Director
Company Registration No. 10894912
ALPHABET GYM LTD
Notes to the Accounts
for the year ended 31 August 2024
ALPHABET GYM LTD is a private company, limited by shares, registered in England and Wales, registration number 10894912. The registered office is Units 1 - 3 Beacon Tower, Bristol, BS1 4UB, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention.
The accounts are presented in £ sterling.
Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.
The company has net liabilities at the balance sheet date. However, the director/shareholder has confirmed his financial support and as a result these accounts have been prepared on a going concern basis.
4
Investments
Subsidiary undertakings
Valuation at 1 September 2023
4,900
Valuation at 31 August 2024
655,750
Investments comprise shares held in Luxe Fitness SW Ltd (100% holding) and Altrix Labs Limited (85% holding). The investments are recognised at original cost less any accumulated impairment losses.
Amounts falling due within one year
Amounts falling due after more than one year
Amounts due from group undertakings etc.
567,530
1,285,273
ALPHABET GYM LTD
Notes to the Accounts
for the year ended 31 August 2024
6
Creditors: amounts falling due within one year
2024
2023
7
Creditors: amounts falling due after more than one year
2024
2023
Amounts owed to group undertakings and other participating interests
3,419
13,419
Loans from directors
1,306,365
1,306,365
Allotted, called up and fully paid:
11,188 Ordinary shares of £1 each
11,188
100
11 B Ordinary shares of £1 each
11
11
218 C Ordinary shares of £1 each
218
-
Shares issued during the period:
11,088 Ordinary shares of £1 each
11,088
218 C Ordinary shares of £1 each
218
9
Average number of employees
During the year the average number of employees was 0 (2023: 0).