Company registration number 14397866 (England and Wales)
FLIPPING OUT GYMNASTICS LTD
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024
PAGES FOR FILING WITH REGISTRAR
FLIPPING OUT GYMNASTICS LTD
BALANCE SHEET
AS AT
31 OCTOBER 2024
31 October 2024
- 1 -
2024
2023
£
£
£
£
Fixed assets
49,700
61,007
Current assets
89,674
74,330
Creditors: amounts falling due within one year
(69,092)
(33,831)
Net current assets
20,582
40,499
Total assets less current liabilities
70,282
101,506
Creditors: amounts falling due after more than one year
(59,028)
(101,853)
Net assets/(liabilities)
11,254
(347)
Capital and reserves
11,254
(347)
Notes to the financial statements
1
Financial commitments, guarantees and contingencies
The company has financial commitments of £156,456 (2023 - £202,248) in respect of lease on a property expiring in March 2028.
2
Employees
The average number of persons, including directors, employed by the company during the year was as follows:
2024
2023
Number
Number
Employees
3
3
3
Secured Liabilities
The loan is secured by a fixed and floating charge dated 18th February 2023 over the assets of the company.
The HP liability is secured against the asset.
Flipping Out Gymnastics Ltd is a private company limited by shares incorporated in England and Wales. The registered office is Unit S24 Hastingswood Industrial Park, Wood Lane, Erdington, Birmingham, England, B24 9QR.
The presentation currency of the financial statements is the Pound Sterling (£).
The financial statements are rounded to the nearest £.
For the year ended 31 October 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
FLIPPING OUT GYMNASTICS LTD
BALANCE SHEET (CONTINUED)
AS AT
31 OCTOBER 2024
31 October 2024
- 2 -
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 members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.
These financial statements have been prepared in accordance with the micro-entity provisions and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime' and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true
The financial statements were approved by the board of directors and authorised for issue on 31 January 2025 and are signed on its behalf by:
Miss B C Chamberlain
Director
Company registration number 14397866 (England and Wales)