Caseware UK (AP4) 2023.0.135 2023.0.135 2024-04-302024-04-30false2023-05-012falseNo description of principal activity2truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. SC532261 2023-05-01 2024-04-30 SC532261 2022-05-01 2023-04-30 SC532261 2024-04-30 SC532261 2023-04-30 SC532261 c:Director1 2023-05-01 2024-04-30 SC532261 c:Director2 2023-05-01 2024-04-30 SC532261 c:RegisteredOffice 2023-05-01 2024-04-30 SC532261 d:PlantMachinery 2023-05-01 2024-04-30 SC532261 d:PlantMachinery 2024-04-30 SC532261 d:PlantMachinery 2023-04-30 SC532261 d:PlantMachinery d:OwnedOrFreeholdAssets 2023-05-01 2024-04-30 SC532261 d:FurnitureFittings 2023-05-01 2024-04-30 SC532261 d:FurnitureFittings 2024-04-30 SC532261 d:FurnitureFittings 2023-04-30 SC532261 d:FurnitureFittings d:OwnedOrFreeholdAssets 2023-05-01 2024-04-30 SC532261 d:OwnedOrFreeholdAssets 2023-05-01 2024-04-30 SC532261 d:CurrentFinancialInstruments 2024-04-30 SC532261 d:CurrentFinancialInstruments 2023-04-30 SC532261 d:Non-currentFinancialInstruments 2024-04-30 SC532261 d:Non-currentFinancialInstruments 2023-04-30 SC532261 d:CurrentFinancialInstruments d:WithinOneYear 2024-04-30 SC532261 d:CurrentFinancialInstruments d:WithinOneYear 2023-04-30 SC532261 d:Non-currentFinancialInstruments d:AfterOneYear 2024-04-30 SC532261 d:Non-currentFinancialInstruments d:AfterOneYear 2023-04-30 SC532261 d:Non-currentFinancialInstruments d:MoreThanFiveYears 2024-04-30 SC532261 d:Non-currentFinancialInstruments d:MoreThanFiveYears 2023-04-30 SC532261 d:ShareCapital 2024-04-30 SC532261 d:ShareCapital 2023-04-30 SC532261 d:RetainedEarningsAccumulatedLosses 2024-04-30 SC532261 d:RetainedEarningsAccumulatedLosses 2023-04-30 SC532261 c:OrdinaryShareClass1 2023-05-01 2024-04-30 SC532261 c:OrdinaryShareClass1 2024-04-30 SC532261 c:OrdinaryShareClass1 2023-04-30 SC532261 c:FRS102 2023-05-01 2024-04-30 SC532261 c:AuditExempt-NoAccountantsReport 2023-05-01 2024-04-30 SC532261 c:FullAccounts 2023-05-01 2024-04-30 SC532261 c:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 SC532261 e:PoundSterling 2023-05-01 2024-04-30 iso4217:GBP xbrli:shares xbrli:pure
Registered number: SC532261










FITNESS HUB HQ LIMITED
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

 
FITNESS HUB HQ LIMITED
 

COMPANY INFORMATION


DIRECTORS
Mr W Bowen 
Miss J Ritchie 




REGISTERED NUMBER
SC532261



REGISTERED OFFICE
6 Service Road
Forfar

Scotland

DD8 3ER




ACCOUNTANTS
EQ Accountants Limited
Chartered Accountants

Westby

64 West High Street

Forfar

Angus

DD8 1BJ





 
FITNESS HUB HQ LIMITED
REGISTERED NUMBER: SC532261

STATEMENT OF FINANCIAL POSITION
AS AT 30 APRIL 2024

2024
2023
£
£

FIXED ASSETS
  

Tangible assets
 4 
31,875
34,883

  
31,875
34,883

CURRENT ASSETS
  

Debtors
  
2,530
1,788

Cash at bank and in hand
  
99
203

  
2,629
1,991

Creditors: amounts falling due within one year
 5 
(32,650)
(25,790)

NET CURRENT LIABILITIES
  
 
 
(30,021)
 
 
(23,799)

TOTAL ASSETS LESS CURRENT LIABILITIES
  
1,854
11,084

Creditors: amounts falling due after more than one year
 6 
(5,703)
(11,132)

PROVISIONS FOR LIABILITIES
  

Deferred tax
  
(6,056)
(6,628)

  
 
 
(6,056)
 
 
(6,628)

NET LIABILITIES
  
(9,905)
(6,676)


CAPITAL AND RESERVES
  

Called up share capital 
 8 
3
3

Profit and loss account
  
(9,908)
(6,679)

  
(9,905)
(6,676)


Page 1

 
FITNESS HUB HQ LIMITED
REGISTERED NUMBER: SC532261

STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 30 APRIL 2024

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 21 November 2024.





Mr W Bowen
Director

The notes on pages 3 to 6 form part of these financial statements.

Page 2

 
FITNESS HUB HQ LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

1.


GENERAL INFORMATION

Fitness Hub HQ Limited is a private limited company, limited by shares, incorporated in Scotland with regisration number SC532261. The registered office is situated at 6 Service Road, Forfar, Angus, DD8 3ER. 
The Company's functional and presentational currency is GBP.

2.ACCOUNTING POLICIES

 
2.1

BASIS OF PREPARATION OF FINANCIAL STATEMENTS

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

GOING CONCERN

These accounts have been prepared using the going concern basis. The company has net liabilities and is dependent on the continuing support of the director. The director has confirmed that this support will continue for the forseeable future. 

 
2.3

TURNOVER

Turnover is recognised to the extent that it is probable that the economic benefits will flow to the Company and the turnover can be reliably measured. Turnover is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before turnover is recognised:

Sale of goods

Turnover from the sale of goods is recognised when all of the following conditions are satisfied:
the Company has transferred the significant risks and rewards of ownership to the buyer;
the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;
the amount of turnover can be measured reliably;
it is probable that the Company will receive the consideration due under the transaction; and
the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Rendering of services

Turnover from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of turnover can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

Page 3

 
FITNESS HUB HQ LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

2.ACCOUNTING POLICIES (CONTINUED)

 
2.4

BORROWING COSTS

All borrowing costs are recognised in profit or loss in the year in which they are incurred.

 
2.5

CURRENT AND DEFERRED TAXATION

The tax expense for the year comprises current and deferred tax. Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the Company operates and generates income.

 
2.6

TANGIBLE FIXED ASSETS

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on a reducing balance basis.

Depreciation is provided on the following basis:

Plant and machinery
-
12.5%
Fixtures and fittings
-
10%

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.


3.


EMPLOYEES

The average monthly number of employees, including directors, during the year was 2 (2023 - 2).

Page 4

 
FITNESS HUB HQ LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

4.


TANGIBLE FIXED ASSETS





Plant and machinery
Fixtures and fittings
Total

£
£
£



COST OR VALUATION


At 1 May 2023
26,939
22,030
48,969


Additions
1,075
-
1,075



At 30 April 2024

28,014
22,030
50,044



DEPRECIATION


At 1 May 2023
8,552
5,534
14,086


Charge for the year on owned assets
2,433
1,650
4,083



At 30 April 2024

10,985
7,184
18,169



NET BOOK VALUE



At 30 April 2024
17,029
14,846
31,875



At 30 April 2023
18,387
16,496
34,883


5.


CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024
2023
£
£

Bank loans
5,428
5,428

Trade creditors
2,621
6,621

Other taxation and social security
136
-

Other creditors
22,965
12,241

Accruals and deferred income
1,500
1,500

32,650
25,790



6.


CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2024
2023
£
£

Bank loans
5,703
11,132

5,703
11,132


Page 5

 
FITNESS HUB HQ LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

7.


LOANS


Analysis of the maturity of loans is given below:


2024
2023
£
£

AMOUNTS FALLING DUE WITHIN ONE YEAR

Bank loans
5,428
5,428


5,428
5,428



AMOUNTS FALLING DUE AFTER MORE THAN 5 YEARS

Bank loans
5,703
11,132

11,131
16,560



8.


SHARE CAPITAL

2024
2023
£
£
ALLOTTED, CALLED UP AND FULLY PAID



3 (2023 - 3) Ordinary shares of £1 each
3
3



Page 6