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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
Page
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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
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GKTR FITNESS LTD Statement of financial position as at 31 January 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
158,849 
157,524 
Current assets
Debtors
107,615 
76,169 
Cash at bank and in hand
1,125 
42 
108,740 
76,211 
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)
Capital and reserves
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
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GKTR FITNESS LTD Notes to the Accounts for the year ended 31 January 2024
1
Statutory information
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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 
Additions
23,093 
- 
23,093 
At 31 January 2024
224,201 
550 
224,751 
Depreciation
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 
Net book value
At 31 January 2024
158,460 
389 
158,849 
At 31 January 2023
156,997 
527 
157,524 
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GKTR FITNESS LTD Notes to the Accounts for the year ended 31 January 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Amounts due from group undertakings etc.
54,762 
18,545 
Accrued income and prepayments
56 
875 
Other debtors
- 
20,712 
54,818 
40,132 
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 
£ 
£ 
VAT
24,010 
16,525 
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 
Other creditors
- 
8,017 
Loans from directors
2,767 
2,666 
Accruals
850 
1,440 
199,454 
133,756 
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 
168,522 
145,496 
8
Average number of employees
During the year the average number of employees was 2 (2023: 3).
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