Caseware UK (AP4) 2023.0.135 2023.0.135 2024-06-302024-06-30No description of principal activity2023-07-01false22truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false SC677502 2023-07-01 2024-06-30 SC677502 2022-07-01 2023-06-30 SC677502 2024-06-30 SC677502 2023-06-30 SC677502 c:CompanySecretary1 2023-07-01 2024-06-30 SC677502 c:Director1 2023-07-01 2024-06-30 SC677502 c:Director2 2023-07-01 2024-06-30 SC677502 c:RegisteredOffice 2023-07-01 2024-06-30 SC677502 d:Buildings 2023-07-01 2024-06-30 SC677502 d:Buildings 2024-06-30 SC677502 d:Buildings 2023-06-30 SC677502 d:Buildings d:OwnedOrFreeholdAssets 2023-07-01 2024-06-30 SC677502 d:OtherPropertyPlantEquipment 2023-07-01 2024-06-30 SC677502 d:OtherPropertyPlantEquipment 2024-06-30 SC677502 d:OtherPropertyPlantEquipment 2023-06-30 SC677502 d:OtherPropertyPlantEquipment d:OwnedOrFreeholdAssets 2023-07-01 2024-06-30 SC677502 d:OwnedOrFreeholdAssets 2023-07-01 2024-06-30 SC677502 d:CurrentFinancialInstruments 2024-06-30 SC677502 d:CurrentFinancialInstruments 2023-06-30 SC677502 d:CurrentFinancialInstruments d:WithinOneYear 2024-06-30 SC677502 d:CurrentFinancialInstruments d:WithinOneYear 2023-06-30 SC677502 d:ShareCapital 2024-06-30 SC677502 d:ShareCapital 2023-06-30 SC677502 d:RetainedEarningsAccumulatedLosses 2024-06-30 SC677502 d:RetainedEarningsAccumulatedLosses 2023-06-30 SC677502 c:OrdinaryShareClass1 2023-07-01 2024-06-30 SC677502 c:OrdinaryShareClass1 2024-06-30 SC677502 c:OrdinaryShareClass1 2023-06-30 SC677502 c:FRS102 2023-07-01 2024-06-30 SC677502 c:AuditExempt-NoAccountantsReport 2023-07-01 2024-06-30 SC677502 c:FullAccounts 2023-07-01 2024-06-30 SC677502 c:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 SC677502 e:PoundSterling 2023-07-01 2024-06-30 xbrli:shares iso4217:GBP xbrli:pure
Registered number: SC677502










ELEMENTAL OUTDOOR GYMS LIMITED
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

 
ELEMENTAL OUTDOOR GYMS LIMITED
 

COMPANY INFORMATION


Directors
J K Woolnough 
Mrs J E Woolnough 




Company secretary
Mrs J E Woolnough



Registered number
SC677502



Registered office
Unit 4
Aberfeldy Business Park

Dunkeld Road

Aberfeldy

Scotland

PH15 2AQ




Accountants
EQ Accountants Limited
Chartered Accountants

Westby

64 West High Street

Forfar

Angus

DD8 1BJ





 
ELEMENTAL OUTDOOR GYMS LIMITED
REGISTERED NUMBER: SC677502

STATEMENT OF FINANCIAL POSITION
AS AT 30 JUNE 2024

2024
2023
£
£

FIXED ASSETS
  

Tangible assets
  
707,111
-

  
707,111
-

CURRENT ASSETS
  

Debtors: amounts falling due within one year
  
3,747
-

Cash at bank and in hand
  
22,472
133

  
26,219
133

Creditors: amounts falling due within one year
 6 
(721,114)
(2,249)

NET CURRENT LIABILITIES
  
 
 
(694,895)
 
 
(2,116)

TOTAL ASSETS LESS CURRENT LIABILITIES
  
12,216
(2,116)

  

NET ASSETS/(LIABILITIES)
  
12,216
(2,116)


CAPITAL AND RESERVES
  

Called up share capital 
 7 
1
1

Profit and loss account
  
12,215
(2,117)

  
12,216
(2,116)


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 period 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 January 2025.




J K Woolnough
Director

The notes on pages 2 to 4 form part of these financial statements.

Page 1

 
ELEMENTAL OUTDOOR GYMS LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 JUNE 2024

1.


GENERAL INFORMATION

Elemental Outdoor Gyms Limited is a private company, limited by shares, incorporated in Scotland with
registration number SC677502. The registered office is Unit 4, Aberfeldy Business Park, Dunkeld Road, Aberfeldy, Scotland, PH15 2AQ.

The financial statements are presented in Sterling which is the functional currency of the Company and
rounded to the nearest £.

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

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:

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.

 
2.3

TAXATION

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.


 
2.4

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.

Page 2

 
ELEMENTAL OUTDOOR GYMS LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 JUNE 2024

2.ACCOUNTING POLICIES (CONTINUED)


2.4
TANGIBLE FIXED ASSETS (CONTINUED)

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:

Containers
-
20%
reducing balance

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.

Heritable property is not depreciated.


3.


EMPLOYEES




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


4.


TANGIBLE FIXED ASSETS





Freehold property
Containers
Total

£
£
£



COST OR VALUATION


Additions
698,589
10,652
709,241



At 30 June 2024

698,589
10,652
709,241



DEPRECIATION


Charge for the period on owned assets
-
2,130
2,130



At 30 June 2024

-
2,130
2,130



NET BOOK VALUE



At 30 June 2024
698,589
8,522
707,111



At 30 June 2023
-
-
-

Page 3

 
ELEMENTAL OUTDOOR GYMS LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 JUNE 2024

5.


DEBTORS

2024
2023
£
£


Trade debtors
1,130
-

Prepayments and accrued income
2,617
-

3,747
-



6.


CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024
2023
£
£

Trade creditors
3,490
-

Amounts owed to group undertakings
711,901
1,649

Other creditors
4,223
-

Accruals and deferred income
1,500
600

721,114
2,249



7.


SHARE CAPITAL

2024
2023
£
£
ALLOTTED, CALLED UP AND FULLY PAID



1 (2023 - 1) Ordinary share of £1.00
1
1



Page 4