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Company limited by guarantee

Company Registration Number:
10767879 (England and Wales)

Unaudited statutory accounts for the year ended 31 May 2024

Period of accounts

Start date: 1 June 2023

End date: 31 May 2024

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Contents of the Financial Statements

for the Period Ended 31 May 2024

Balance sheet
Additional notes
Balance sheet notes
Community Interest Report

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Balance sheet

As at 31 May 2024

Notes 2024 2023


£

£
Fixed assets
Tangible assets: 3 25,902 26,548
Total fixed assets: 25,902 26,548
Current assets
Debtors: 4 402 936
Cash at bank and in hand: 3,223 5,309
Total current assets: 3,625 6,245
Creditors: amounts falling due within one year: 5 ( 5,632 ) ( 5,363 )
Net current assets (liabilities): (2,007) 882
Total assets less current liabilities: 23,895 27,430
Total net assets (liabilities): 23,895 27,430
Members' funds
Profit and loss account: 23,895 27,430
Total members' funds: 23,895 27,430

The notes form part of these financial statements

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Balance sheet statements

For the year ending 31 May 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.

The directors have chosen not to file a copy of the company's profit and loss account.

This report was approved by the board of directors on 5 February 2025
and signed on behalf of the board by:

Name: Kathy Critchley
Status: Director

The notes form part of these financial statements

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Notes to the Financial Statements

for the Period Ended 31 May 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

    Turnover policy

    Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

    Tangible fixed assets depreciation policy

    Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases: Plant & Machinery - 20% reducing balance Computer Equipment - 3 years straight line

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Notes to the Financial Statements

for the Period Ended 31 May 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 0 0

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Notes to the Financial Statements

for the Period Ended 31 May 2024

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 June 2023 47,380 160 1,152 48,692
Additions 8,151 8,151
Disposals
Revaluations
Transfers
At 31 May 2024 55,531 160 1,152 56,843
Depreciation
At 1 June 2023 21,326 76 742 22,144
Charge for year 8,596 21 180 8,797
On disposals
Other adjustments
At 31 May 2024 29,922 97 922 30,941
Net book value
At 31 May 2024 25,609 63 230 25,902
At 31 May 2023 26,054 84 410 26,548

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Notes to the Financial Statements

for the Period Ended 31 May 2024

4. Debtors

2024 2023
£ £
Other debtors 402 936
Total 402 936

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Notes to the Financial Statements

for the Period Ended 31 May 2024

5. Creditors: amounts falling due within one year note

2024 2023
£ £
Trade creditors 959 750
Other creditors 4,673 4,613
Total 5,632 5,363

COMMUNITY INTEREST ANNUAL REPORT

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Company Number: 10767879 (England and Wales)

Year Ending: 31 May 2024

Company activities and impact

We provide a place for the community to come and enjoy fitness classes. We are set in a multicultural area and have build relationships with various cultures and religions through fitness. The gym is used for free by organisations to teach vulnerable young people. Members often get together to raise money for charities.

Consultation with stakeholders

No consultation with stakeholders

Directors' remuneration

No remuneration was received

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
5 February 2025

And signed on behalf of the board by:
Name: Kathy Critchley
Status: Director