Accomplish Fitness Limited 09001668 false 2023-05-01 2024-04-30 2024-04-30 The principal activity of the company is fitness instruction. Digita Accounts Production Advanced 6.30.9574.0 true 09001668 2023-05-01 2024-04-30 09001668 2024-04-30 09001668 core:CurrentFinancialInstruments 2024-04-30 09001668 core:CurrentFinancialInstruments core:WithinOneYear 2024-04-30 09001668 core:Non-currentFinancialInstruments 2024-04-30 09001668 core:Non-currentFinancialInstruments core:AfterOneYear 2024-04-30 09001668 core:OfficeEquipment 2024-04-30 09001668 core:PlantMachinery 2024-04-30 09001668 bus:SmallEntities 2023-05-01 2024-04-30 09001668 bus:AuditExemptWithAccountantsReport 2023-05-01 2024-04-30 09001668 bus:FilletedAccounts 2023-05-01 2024-04-30 09001668 bus:SmallCompaniesRegimeForAccounts 2023-05-01 2024-04-30 09001668 bus:RegisteredOffice 2023-05-01 2024-04-30 09001668 bus:Director1 2023-05-01 2024-04-30 09001668 bus:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 09001668 core:OfficeEquipment 2023-05-01 2024-04-30 09001668 core:PlantMachinery 2023-05-01 2024-04-30 09001668 countries:EnglandWales 2023-05-01 2024-04-30 09001668 2023-04-30 09001668 core:OfficeEquipment 2023-04-30 09001668 core:PlantMachinery 2023-04-30 09001668 2022-05-01 2023-04-30 09001668 2023-04-30 09001668 core:CurrentFinancialInstruments 2023-04-30 09001668 core:CurrentFinancialInstruments core:WithinOneYear 2023-04-30 09001668 core:Non-currentFinancialInstruments 2023-04-30 09001668 core:Non-currentFinancialInstruments core:AfterOneYear 2023-04-30 09001668 core:OfficeEquipment 2023-04-30 09001668 core:PlantMachinery 2023-04-30 iso4217:GBP xbrli:pure

Registration number: 09001668

Accomplish Fitness Limited

Unaudited Filleted Financial Statements

for the Year Ended 30 April 2024

 

Accomplish Fitness Limited

Contents

Balance Sheet

1 to 2

Notes to the Unaudited Financial Statements

3 to 6

 

Accomplish Fitness Limited

(Registration number: 09001668)
Balance Sheet as at 30 April 2024

Note

2024
£

2023
£

Fixed assets

 

Tangible assets

4

2,828

4,215

Current assets

 

Debtors

8,480

5,950

Cash at bank and in hand

 

1,790

6,685

 

10,270

12,635

Creditors: Amounts falling due within one year

5

(6,344)

(9,230)

Net current assets

 

3,926

3,405

Total assets less current liabilities

 

6,754

7,620

Creditors: Amounts falling due after more than one year

5

(6,124)

(7,583)

Net assets

 

630

37

Capital and reserves

 

Called up share capital

10

10

Retained earnings

620

27

Shareholders' funds

 

630

37

 

Accomplish Fitness Limited

(Registration number: 09001668)
Balance Sheet as at 30 April 2024

For the financial year ending 30 April 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 31 January 2025
 

.........................................
Mrs NJ Summers
Director

 

Accomplish Fitness Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2024

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
31A Charnham Street
Hungerford
Berkshire
RG17 0EJ
United Kingdom

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

Foreign currency transactions and balances

Transactions in foreign currencies are initially recorded at the functional currency rate prevailing at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are retranslated into the respective functional currency of the entity at the rates prevailing on the reporting period date. Non-monetary items carried at fair value that are denominated in foreign currencies are retranslated at the rate on the date when the fair value is re-measured.

Non-monetary items measured in terms of historical cost in a foreign currency are not retranslated.

Tax

The tax expense for the period comprises current tax payable.

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 taxable income.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

 

Accomplish Fitness Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2024

Asset class

Depreciation method and rate

Gym equipment

20% straight line basis

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Debtors

Trade debtors are amounts due from customers for goods sold or services performed in the ordinary course of business.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the Profit and Loss Account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

3

Staff numbers

The average number of persons employed by the company (including the director) during the year, was 1 (2023 - 1).

 

Accomplish Fitness Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2024

4

Tangible assets

Plant and machinery
£

Gym equipment
£

Total
£

Cost or valuation

At 1 May 2023

4,975

11,881

16,856

At 30 April 2024

4,975

11,881

16,856

Depreciation

At 1 May 2023

2,153

10,488

12,641

Charge for the year

995

392

1,387

At 30 April 2024

3,148

10,880

14,028

Carrying amount

At 30 April 2024

1,827

1,001

2,828

At 30 April 2023

2,822

1,393

4,215

 

Accomplish Fitness Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2024

5

Creditors

Creditors: amounts falling due within one year

Note

2024
£

2023
£

Due within one year

 

Loans and borrowings

6

3,500

3,500

Trade creditors

 

1,164

1,086

Taxation and social security

 

464

3,486

Other creditors

 

1,216

1,158

 

6,344

9,230

Creditors: amounts falling due after more than one year

Note

2024
£

2023
£

Due after one year

 

Loans and borrowings

6

6,124

7,583

6

Loans and borrowings

Current loans and borrowings

2024
£

2023
£

Other borrowings

3,500

3,500

Non-current loans and borrowings

2024
£

2023
£

Other borrowings

6,124

7,583

7

Related party transactions

Other transactions with the director

At the balance sheet date the director owed the company £8,480 (2023: £5,949). The loan is repayable on demand and is non interest bearing.