2023-09-01 08181330 2024-08-31 08181330 2023-09-01 2024-08-31 08181330 2023-08-31 08181330 2022-09-01 2023-08-31 08181330 uk-core:WithinOneYear 2023-08-31 08181330 uk-core:WithinOneYear 2024-08-31 08181330 uk-core:AfterOneYear 2023-08-31 08181330 uk-core:AfterOneYear 2024-08-31 08181330 uk-core:ShareCapital 2024-08-31 08181330 uk-core:ShareCapital 2023-08-31 08181330 uk-core:RetainedEarningsAccumulatedLosses 2024-08-31 08181330 uk-core:RetainedEarningsAccumulatedLosses 2023-08-31 08181330 uk-bus:Director1 2023-09-01 2024-08-31 08181330 uk-core:LandBuildings 2023-09-01 2024-08-31 08181330 uk-core:ComputerEquipment 2023-09-01 2024-08-31 08181330 uk-core:FurnitureFittings 2023-09-01 2024-08-31 08181330 uk-core:ComputerEquipment 2023-08-31 08181330 uk-core:FurnitureFittings 2023-08-31 08181330 uk-core:LandBuildings 2023-08-31 08181330 uk-core:LandBuildings 2024-08-31 08181330 uk-core:FurnitureFittings 2024-08-31 08181330 uk-core:ComputerEquipment 2024-08-31 08181330 uk-core:WithinOneYear 2024-08-31 08181330 uk-core:WithinOneYear 2023-08-31 08181330 uk-core:IndeterminateMaturityNon-expiringFinancialInstruments 2024-08-31 08181330 uk-core:IndeterminateMaturityNon-expiringFinancialInstruments 2023-08-31 08181330 uk-core:BetweenTwoFiveYears 2023-08-31 08181330 uk-core:BetweenTwoFiveYears 2024-08-31 08181330 uk-core:MoreThanFiveYears 2024-08-31 08181330 uk-core:MoreThanFiveYears 2023-08-31 iso4217:GBP xbrli:pure 08181330 uk-bus:AuditExemptWithAccountantsReport 2023-09-01 2024-08-31 08181330 uk-bus:FRS102 2023-09-01 2024-08-31 08181330 uk-bus:FilletedAccounts 2023-09-01 2024-08-31 08181330 uk-bus:PrivateLimitedCompanyLtd 2023-09-01 2024-08-31
Bikram Hot Yoga Chiswick Limited
Registered Number:08181330
For the year ended 31 August 2024
England and Wales
Unaudited Financial Statements
2
For the year ended 31 August 2024
Bikram Hot Yoga Chiswick Limited
Contents Page
1
Statement of Financial Position
2 to 4
Notes to the Financial Statements
3
Registered Number :
08181330
As at 31 August 2024
Bikram Hot Yoga Chiswick Limited
Statement of Financial Position
£
£
2023
2024
Notes
Fixed assets
Property, plant and equipment
2,562
6,647
2
2,562
6,647
Current assets
Trade and other receivables
6,863
8,427
3
106,017
Cash and cash equivalents
103,580
112,007
112,880
Trade and other payables: amounts falling due within one
year
(74,962)
(80,097)
4
37,918
31,910
Net current assets
Total assets less current liabilities
34,472
44,565
Trade and other payables: amounts falling due after more
than one year
(19,666)
(14,729)
5
19,743
Net assets
24,899
Capital and reserves
Called up share capital
100
100
Retained earnings
19,643
24,799
19,743
24,899
Shareholders' funds
For the year ended 31 August 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 of its financial statements for the year ended 31 August 2024 in accordance with Section 476 of the Companies Act 2006
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
b) preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of
each financial year and of its profit or loss for each financial year in accordance with the requirements of Section
394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial
statements, so far as applicable to the company.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Ms Helen Currie Director
These financial statements were approved and authorised for issue by the Board on 23 January 2025 and were signed by:
The notes form part of these financial statements
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4
For the year ended 31 August 2024
Bikram Hot Yoga Chiswick Limited
Notes to the Financial Statements
Statutory Information
Bikram Hot Yoga Chiswick Limited is a private limited company, limited by shares, domiciled in England and Wales,
registration number 08181330.
Registered address:
The Studio
Essex Place
London
England
W4 5UT
The presentation currency is £ sterling.
The financial statements have been prepared under the historical cost convention and in accordance with FRS102
The Financial Reporting Standard appicable in UK and Replublic of Ireland.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with FRS 102 The Financial Reporting Standard
applicable in the UK and Republic of Ireland(FRS 102) and the requirements of the Companies Act 2006 as
applicable to companies subject to the small companies regime. 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 financial statements are prepared in sterling, which is the functional currency of the company. Monetary
amounts in these financial statements are rounded to the nearest £.
The financial statements have been prepared under the historical cost convention, modified to include the
revaluation of freehold properties and to include investment properties and certain financial instruments at fair
value. The principal accounting policies adopted are set out below
Revenue recognition
Revenue is recognised at the fair value of the consideration received or receivable for goods and services providedin the normal course of business, and is shown net of VAT and other sales related taxes. The fair value ofconsideration takes into account trade discounts, settlement discounts and volume rebates. When cash inflows are deferred and represent a financing arrangement, the fair value of the consideration is thepresent value of the future receipts. The difference between the fair value of the consideration and the nominalamount received is recognised as interest income. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership of the goodshave passed to the buyer (usually on dispatch of the goods), the amount of revenue can be measured reliably, it isprobable that the economic benefits associated with the transaction will flow to the entity and the costs incurred orto be incurred in respect of the transaction can be measured reliably. Revenue from contracts for the provision of professional services is recognised by reference to the stage ofcompletion when the stage of completion, costs incurred and costs to complete can be estimated reliably. The stageof completion is calculated by comparing costs incurred, mainly in relation to contractual hourly staff rates andmaterials, as a proportion of total costs. Where the outcome cannot be estimated reliably, revenue is recognisedonly to the extent of the expenses recognised that it is probable will be recovered.
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5
For the year ended 31 August 2024
Bikram Hot Yoga Chiswick Limited
Notes to the Financial Statements Continued
Property, plant and equipment
Property, plant and equipment are initially measured at cost and subsequently measured at cost or valuation, net ofdepreciation and any impairment losses. The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds andthe carrying value of the asset, and is credited or charged to profit or loss. Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over theiruseful lives on the following bases:
Land and Buildings
10% Straight line
20% Straight line
Computer Equipment
15% Straight line
Furniture and Fittings
Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straightline basis over the period of the lease.
Leases
Rentals payable under operating leases, including any lease incentives received, are charged to profit or loss on a
straight line basis over the term of the relevant lease except where another more systematic basis is more
representative of the time pattern in which economic benefits from the leases asset are consumed.
2. Property, plant and equipment
Total
Computer
Equipment
Furniture and
Fittings
Land and
Buildings
£
£
£
£
Cost or
valuation
At 01 September 2023
115,192
3,955
82,899
28,338
At 31 August 2024
28,338
82,899
3,955
115,192
Provision for depreciation and impairment
At 01 September 2023
108,545
2,508
79,352
26,685
Charge for year
4,085
1,237
1,195
1,653
At 31 August 2024
112,630
3,745
80,547
28,338
At 31 August 2024
Net book value
-
2,352
210
2,562
At 31 August 2023
1,653
3,547
1,447
6,647
3. Trade and other receivables
2023
2024
£
£
Trade debtors
2,538
2,044
Other debtors
5,889
4,819
6,863
8,427
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6
For the year ended 31 August 2024
Bikram Hot Yoga Chiswick Limited
Notes to the Financial Statements Continued
4. Trade and other payables: amounts falling due within one year
2023
2024
£
£
Bank loans and overdraft
5,050
10,074
Trade creditors
33,558
2
Taxation and social security
18,892
13,145
Other creditors
22,597
51,741
80,097
74,962
5. Trade and other payables: amounts falling due after more than one year
2023
2024
£
£
Bank loans and overdraft (secured)
14,729
19,666
Analysis of creditors falling due after more than five years:
Payable by instalments
-
19,666
6. Guarantees and other financial commitments
Lease commitments
At 31 August 2024 the company had annual commitments under non-cancellable operating leases as set out below:
2023
£
2024
£
Operating leases which expire:
36,000
36,000
Within 1 year
144,000
144,000
Within 2 to 5 years
After more than 5 years
141,000
177,000
321,000
357,000
7. Average number of persons employed
During the year the average number of employees was 3 (2023 : 3)
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