PRINCIPAL FITNESS LIMITED

Company Registration Number:
08720746 (England and Wales)

Unaudited abridged accounts for the year ended 31 March 2024

Period of accounts

Start date: 01 April 2023

End date: 31 March 2024

PRINCIPAL FITNESS LIMITED

Contents of the Financial Statements

for the Period Ended 31 March 2024

Balance sheet
Notes

PRINCIPAL FITNESS LIMITED

Balance sheet

As at 31 March 2024


Notes

2024

2023


£

£
Fixed assets
Tangible assets: 3 407 543
Total fixed assets: 407 543
Current assets
Cash at bank and in hand: 8,961 10,184
Total current assets: 8,961 10,184
Creditors: amounts falling due within one year:   (9,267) (1,089)
Net current assets (liabilities): (306) 9,095
Total assets less current liabilities: 101 9,638
Total net assets (liabilities): 101 9,638
Capital and reserves
Called up share capital: 101 101
Profit and loss account:   9,537
Shareholders funds: 101 9,638

The notes form part of these financial statements

PRINCIPAL FITNESS LIMITED

Balance sheet statements

For the year ending 31 March 2024 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 15 November 2024
and signed on behalf of the board by:

Name: C S Hobson
Status: Director

The notes form part of these financial statements

PRINCIPAL FITNESS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover is measured at the fair value of the consideration received or receivable excluding value added taxation.

Tangible fixed assets and depreciation policy

Depreciation is provided at 25% on a reducing balance basis in order to write off each asset over its estimated useful life.

PRINCIPAL FITNESS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

2. Employees

2024 2023
Average number of employees during the period 2 1

PRINCIPAL FITNESS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

3. Tangible Assets

Total
Cost £
At 01 April 2023 4,527
At 31 March 2024 4,527
Depreciation
At 01 April 2023 3,984
Charge for year 136
At 31 March 2024 4,120
Net book value
At 31 March 2024 407
At 31 March 2023 543