MSK MARTIAL ARTS LIMITED

Company limited by guarantee

Company Registration Number:
05812688 (England and Wales)

Unaudited statutory accounts for the year ended 31 March 2024

Period of accounts

Start date: 01 April 2023

End date: 31 March 2024

MSK MARTIAL ARTS LIMITED

Company limited by guarantee

Contents of the Financial Statements

for the Period Ended 31 March 2024

Company Information - 3
Report of the Directors - 4
Income and Expenditure Account - 5
Balance sheet - 6
Additional notes - 8
Balance sheet notes - 11

MSK MARTIAL ARTS LIMITED

Company limited by guarantee

Company Information

for the Period Ended 31 March 2024




Director: Ian Cooper
Registered office: 8 Willow Herb Way
8 Willow Herb Way
Stone Cross
Pevensey
England
BN24 5FZ
Company Registration Number: 05812688 (England and Wales)

MSK MARTIAL ARTS LIMITED

Company limited by guarantee

Directors' Report Period Ended 31 March 2024

The directors present their report with the financial statements of the company for the period ended 31 March 2024

Principal Activities

The principal activity of the company continued to be that of teaching martial arts.

Directors

The directors shown below have held office during the whole of the period from 01 April 2023 to 31 March 2024
Ian Cooper

This report was approved by the board of directors on 11 February 2025
And Signed On Behalf Of The Board By:

Name: Ian Cooper
Status: Director

MSK MARTIAL ARTS LIMITED

Company limited by guarantee

Income and Expenditure Account

for the Period Ended 31 March 2024


Notes

2024
£

2023
£
Turnover 93,271 68,349
Cost of sales ( 86,914 ) ( 58,022 )
Gross surplus or (deficit) 6,357 10,327
Operating surplus or (deficit) 6,357 10,327
Surplus or (deficit) before tax 6,357 10,327
Surplus or (deficit) for the period 6,357 10,327

The notes form part of these financial statements

MSK MARTIAL ARTS LIMITED

Company limited by guarantee

Balance sheet

As at 31 March 2024


Notes

2024
£

2023
£
Fixed assets
Tangible assets: 4 2,550 3,400
Total fixed assets: 2,550 3,400
Current assets
Cash at bank and in hand: 10,260 9,179
Total current assets: 10,260 9,179
Prepayments and accrued income: 0 0
Creditors: amounts falling due within one year: 5 ( 1,589 ) ( 1,962 )
Net current assets (liabilities): 8,671 7,217
Total assets less current liabilities: 11,221 10,617
Creditors: amounts falling due after more than one year: 6 ( 12,997 ) ( 17,161 )
Provision for liabilities: ( 0 ) ( 0 )
Total net assets (liabilities): ( 1,776 ) ( 6,544 )

The notes form part of these financial statements

MSK MARTIAL ARTS LIMITED

Company limited by guarantee

Balance sheet continued

As at 31 March 2024


Notes

2024
£

2023
£
Reserves
Income and expenditure account ( 1,776 ) ( 6,544 )
Members funds ( 1,776 ) ( 6,544 )

For the year ending 31 March 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.

This report was approved by the board of directors on 11 February 2025
And Signed On Behalf Of The Board By:

Name: Ian Cooper
Status: Director

The notes form part of these financial statements

MSK MARTIAL ARTS LIMITED

Company limited by guarantee

Notes to the Financial Statements

for the Period Ended 31 March 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

MSK MARTIAL ARTS LIMITED

Company limited by guarantee

Notes to the Financial Statements

for the Period Ended 31 March 2024

  • 2. Employees


    2024

    2023
    Average number of employees during the period 1 1

MSK MARTIAL ARTS LIMITED

Company limited by guarantee

Notes to the Financial Statements

for the Period Ended 31 March 2024

  • 3. Off balance sheet disclosure

    No

MSK MARTIAL ARTS LIMITED

Company limited by guarantee

Notes to the Financial Statements

for the Period Ended 31 March 2024

4. Tangible assets

Fixtures & fittings Office equipment Total
Cost £ £ £
At 01 April 2023 2,700 1,550 4,250
Additions - - -
Disposals - - -
Revaluations - - -
Transfers - - -
At 31 March 2024 2,700 1,550 4,250
Depreciation
At 01 April 2023 700 150 850
Charge for year 700 150 850
On disposals - - -
Other adjustments - - -
At 31 March 2024 1,400 300 1,700
Net book value
At 31 March 2024 1,300 1,250 2,550
At 31 March 2023 2,000 1,400 3,400

MSK MARTIAL ARTS LIMITED

Company limited by guarantee

Notes to the Financial Statements

for the Period Ended 31 March 2024

5.Creditors: amounts falling due within one year note


2024
£

2023
£
Trade creditors 1,589 1,962
Total 1,589 1,962

MSK MARTIAL ARTS LIMITED

Company limited by guarantee

Notes to the Financial Statements

for the Period Ended 31 March 2024

6.Creditors: amounts falling due after more than one year


2024
£

2023
£
Bank loans and overdrafts 12,997 17,161
Total 12,997 17,161