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REGISTERED NUMBER: 11800461 (England and Wales)












Unaudited Financial Statements

for the Year Ended 31 January 2024

for

Bristol Pilates Studio Limited

Bristol Pilates Studio Limited (Registered number: 11800461)






Contents of the Financial Statements
for the Year Ended 31 January 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Bristol Pilates Studio Limited

Company Information
for the Year Ended 31 January 2024







DIRECTOR: Miss M Morrison





SECRETARY:





REGISTERED OFFICE: 148-150 North Street
Bristol
BS3 1HA





REGISTERED NUMBER: 11800461 (England and Wales)





ACCOUNTANTS: Wormald & Partners
Chartered Accountants (ICAEW)
Redland House
157 Redland Road
Redland
Bristol
BS6 6YE

Bristol Pilates Studio Limited (Registered number: 11800461)

Balance Sheet
31 January 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 25,000 30,000
Tangible assets 5 36,838 36,963
61,838 66,963

CURRENT ASSETS
Debtors 6 8,085 4,800
Cash at bank 15,937 9,711
24,022 14,511
CREDITORS
Amounts falling due within one year 7 53,314 52,188
NET CURRENT LIABILITIES (29,292 ) (37,677 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

32,546

29,286

CREDITORS
Amounts falling due after more than one year 8 (25,522 ) (27,897 )

PROVISIONS FOR LIABILITIES (6,999 ) -
NET ASSETS 25 1,389

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 9 23 1,387
25 1,389

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her responsibilities for:
(a)ensuring that the company keeps 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 Sections 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.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 7 October 2024 and were signed by:





Miss M Morrison - Director


Bristol Pilates Studio Limited (Registered number: 11800461)

Notes to the Financial Statements
for the Year Ended 31 January 2024

1. STATUTORY INFORMATION

Bristol Pilates Studio Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

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.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2023 - 5 ) .

Bristol Pilates Studio Limited (Registered number: 11800461)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2024

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 February 2023
and 31 January 2024 50,000
AMORTISATION
At 1 February 2023 20,000
Amortisation for year 5,000
At 31 January 2024 25,000
NET BOOK VALUE
At 31 January 2024 25,000
At 31 January 2023 30,000

5. TANGIBLE FIXED ASSETS
Fixtures
Plant and and
machinery fittings Equipment Totals
£    £    £    £   
COST
At 1 February 2023 2,745 1,284 44,689 48,718
Additions - - 5,275 5,275
At 31 January 2024 2,745 1,284 49,964 53,993
DEPRECIATION
At 1 February 2023 1,098 385 10,272 11,755
Charge for year 275 129 4,996 5,400
At 31 January 2024 1,373 514 15,268 17,155
NET BOOK VALUE
At 31 January 2024 1,372 770 34,696 36,838
At 31 January 2023 1,647 899 34,417 36,963

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 4,800 4,800
Directors' loan accounts 3,285 -
8,085 4,800

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 6,700 9,500
Trade creditors - 300
Tax 5,984 2,181
Social security and other taxes (343 ) (2,509 )
Pension - 92
VAT 2,524 1,941
Directors' loan accounts - 218
Accruals and deferred income 37,600 39,614
Accrued expenses 849 851
53,314 52,188

Bristol Pilates Studio Limited (Registered number: 11800461)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2024

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Bank loans - 2-5 years 25,522 27,897

9. RESERVES
Retained
earnings
£   

At 1 February 2023 1,387
Profit for the year 13,436
Dividends (14,800 )
At 31 January 2024 23