SOUTH WEST ALLEGIANCE LTD

Company Registration Number:
12487780 (England and Wales)

Unaudited statutory accounts for the year ended 29 February 2024

Period of accounts

Start date: 01 March 2023

End date: 29 February 2024

SOUTH WEST ALLEGIANCE LTD

Contents of the Financial Statements

for the Period Ended 29 February 2024

Company Information - 3
Report of the Directors - 4
Balance sheet - 5
Additional notes - 7
Balance sheet notes - 10

SOUTH WEST ALLEGIANCE LTD

Company Information

for the Period Ended 29 February 2024




Director: Karl Learnihan
Michael-James Meir
Registered office: Unit 3
Mill Road
Barnstaple
North Devon
England
EX31 1JH
Company Registration Number: 12487780 (England and Wales)

SOUTH WEST ALLEGIANCE LTD

Directors' Report Period Ended 29 February 2024

The directors present their report with the financial statements of the company for the period ended 29 February 2024

Principal Activities

Coaching and personal training for CrossFit and functional fitness, memberships are paid rolling monthly

Company policy on the employment of disabled persons

We specialise in coaching adaptive and disabled athletes. We have a coach who is trained in delivering this specialist training and competes high in the sport of CrossFit.

Directors

The directors shown below have held office during the whole of the period from 01 March 2023 to 29 February 2024
Karl Learnihan
Michael-James Meir

This report was approved by the board of directors on 29 November 2024
And Signed On Behalf Of The Board By:

Name: Karl Learnihan
Status: Director

SOUTH WEST ALLEGIANCE LTD

Balance sheet

As at 29 February 2024


Notes

2024
£

2023
£
Fixed assets
Tangible assets: 4 21,010 26,978
Total fixed assets: 21,010 26,978
Current assets
Cash at bank and in hand: 455 71
Total current assets: 455 71
Creditors: amounts falling due within one year: 5 ( 62,895 ) ( 70,176 )
Net current assets (liabilities): ( 62,440 ) ( 70,105 )
Total assets less current liabilities: ( 41,430 ) ( 43,127 )
Total net assets (liabilities): ( 41,430 ) ( 43,127 )

The notes form part of these financial statements

SOUTH WEST ALLEGIANCE LTD

Balance sheet continued

As at 29 February 2024


Notes

2024
£

2023
£
Capital and reserves
Called up share capital: 100 100
Profit and loss account: ( 41,530 ) ( 43,227 )
Shareholders funds: ( 41,430 ) ( 43,127 )

For the year ending 29 February 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.

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

This report was approved by the board of directors on 29 November 2024
And Signed On Behalf Of The Board By:

Name: Karl Learnihan
Status: Director

The notes form part of these financial statements

SOUTH WEST ALLEGIANCE LTD

Notes to the Financial Statements

for the Period Ended 29 February 2024

  • 1. Accounting policies

    Basis of measurement and preparation

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

SOUTH WEST ALLEGIANCE LTD

Notes to the Financial Statements

for the Period Ended 29 February 2024

  • 2. Employees


    2024

    2023
    Average number of employees during the period 4 4

    Employees are self employed coaches. We are invoiced for hours coaching by each part time instructor.

SOUTH WEST ALLEGIANCE LTD

Notes to the Financial Statements

for the Period Ended 29 February 2024

  • 3. Off balance sheet disclosure

    No

SOUTH WEST ALLEGIANCE LTD

Notes to the Financial Statements

for the Period Ended 29 February 2024

4. Tangible assets

Plant & machinery Office equipment Total
Cost £ £ £
At 01 March 2023 26,580 12,964 39,544
Additions - - -
Disposals - - -
Revaluations - - -
Transfers - - -
At 29 February 2024 26,580 12,964 39,544
Depreciation
At 01 March 2023 8,320 4,246 12,566
Charge for year 4,008 1,960 5,968
On disposals - - -
Other adjustments - - -
At 29 February 2024 12,328 6,206 18,534
Net book value
At 29 February 2024 14,252 6,758 21,010
At 28 February 2023 18,260 8,718 26,978

Value after depreciation of all gym equipment held by the company.

SOUTH WEST ALLEGIANCE LTD

Notes to the Financial Statements

for the Period Ended 29 February 2024

5.Creditors: amounts falling due within one year note


2024
£

2023
£
Bank loans and overdrafts 0 0
Amounts due under finance leases and hire purchase contracts 0 0
Trade creditors 0 0
Taxation and social security 0 0
Accruals and deferred income 0 0
Other creditors 62,895 70,176
Total 62,895 70,176

Directors loans are the only debts for the company, invested into the business on opening.