Company Registration No. 12425857 (England and Wales)
GKTR FITNESS LTD
Unaudited accounts
for the year ended 31 January 2024
GKTR FITNESS LTD
Unaudited accounts
Contents
GKTR FITNESS LTD
Company Information
for the year ended 31 January 2024
Directors
Gokay Arabaci
Joel Beckford
Davinder Johal
Company Number
12425857 (England and Wales)
Registered Office
SECOND FLOOR
26 GOODGE STREET
LONDON
W1T 2QG
UNITED KINGDOM
Accountants
Accountingpreneur Limited
Second Floor
26 Goodge Street
Fitzrovia
London
W1T 2QG
GKTR FITNESS LTD
Statement of financial position
as at 31 January 2024
Tangible assets
158,849
157,524
Cash at bank and in hand
1,125
42
Creditors: amounts falling due within one year
(199,454)
(133,756)
Net current liabilities
(90,714)
(57,545)
Total assets less current liabilities
68,135
99,979
Creditors: amounts falling due after more than one year
(168,522)
(145,496)
Net liabilities
(100,387)
(45,517)
Called up share capital
315
315
Profit and loss account
(100,702)
(45,832)
Shareholders' funds
(100,387)
(45,517)
For the year ending 31 January 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 31 October 2024 and were signed on its behalf by
Davinder Johal
Director
Company Registration No. 12425857
GKTR FITNESS LTD
Notes to the Accounts
for the year ended 31 January 2024
GKTR FITNESS LTD is a private company, limited by shares, registered in England and Wales, registration number 12425857. The registered office is SECOND FLOOR, 26 GOODGE STREET, LONDON, W1T 2QG, UNITED KINGDOM.
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 as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
Depreciation @10% SLM
Fixtures & fittings
Depreciation @25% SLM
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 February 2023
201,108
550
201,658
At 31 January 2024
224,201
550
224,751
At 1 February 2023
44,111
23
44,134
Charge for the year
21,630
138
21,768
At 31 January 2024
65,741
161
65,902
At 31 January 2024
158,460
389
158,849
At 31 January 2023
156,997
527
157,524
GKTR FITNESS LTD
Notes to the Accounts
for the year ended 31 January 2024
Amounts falling due within one year
Amounts due from group undertakings etc.
54,762
18,545
Accrued income and prepayments
56
875
Amounts falling due after more than one year
Amounts due from group undertakings etc.
52,797
36,037
6
Creditors: amounts falling due within one year
2024
2023
Trade creditors
21,600
71,200
Amounts owed to group undertakings and other participating interests
100,737
27,848
Taxes and social security
49,490
6,060
Loans from directors
2,767
2,666
7
Creditors: amounts falling due after more than one year
2024
2023
Amounts owed to group undertakings and other participating interests
164,031
141,005
Other creditors
4,491
4,491
8
Average number of employees
During the year the average number of employees was 2 (2023: 3).