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REGISTERED NUMBER: 07963344 (England and Wales)














Unaudited Financial Statements

for the Period 30 March 2023 to 28 March 2024

for

Yourstyle Leisure Limited

Yourstyle Leisure Limited (Registered number: 07963344)






Contents of the Financial Statements
for the Period 30 March 2023 to 28 March 2024




Page

Balance Sheet 1

Notes to the Financial Statements 2


Yourstyle Leisure Limited (Registered number: 07963344)

Balance Sheet
28 March 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 113,200 63,136

CURRENT ASSETS
Stocks 1,168,556 965,856
Debtors 5 264,758 48,737
Cash at bank and in hand 19,879 14,076
1,453,193 1,028,669
CREDITORS
Amounts falling due within one year 6 1,248,679 789,568
NET CURRENT ASSETS 204,514 239,101
TOTAL ASSETS LESS CURRENT LIABILITIES 317,714 302,237

CREDITORS
Amounts falling due after more than one year 7 (105,771 ) (66,083 )

PROVISIONS FOR LIABILITIES (28,300 ) (8,408 )
NET ASSETS 183,643 227,746

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 183,642 227,745
SHAREHOLDERS' FUNDS 183,643 227,746

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 28 March 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 28 March 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Profit and Loss Account has not been delivered.

The financial statements were approved by the director and authorised for issue on 28 January 2025 and were signed by:





Mr J P Hurst - Director


Yourstyle Leisure Limited (Registered number: 07963344)

Notes to the Financial Statements
for the Period 30 March 2023 to 28 March 2024

1. STATUTORY INFORMATION

Yourstyle Leisure Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 07963344

Registered office: Unit 11
Nat Lane
Winsford
Cheshire
CW7 3BS

The presentation currency of the financial statements is the Pound Sterling (£).


2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover represents net invoiced sales of goods and services, excluding value added tax.

Revenue is recognised as the company becomes entitled to consideration for the goods and services supplied. Therefore, turnover also includes the element of work completed but not yet invoiced on service contracts.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Improvements to property - 25% on reducing balance
Plant and machinery - 25% on reducing balance
Office Equipment - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 25% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the period comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the period end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Yourstyle Leisure Limited (Registered number: 07963344)

Notes to the Financial Statements - continued
for the Period 30 March 2023 to 28 March 2024

2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 10 (2023 - 9 ) .

4. TANGIBLE FIXED ASSETS
Improvements
to Plant and Office
property machinery Equipment
£    £    £   
COST
At 30 March 2023 49,055 34,987 20,973
Additions - - 319
At 28 March 2024 49,055 34,987 21,292
DEPRECIATION
At 30 March 2023 27,957 19,121 16,380
Charge for period 5,274 3,967 1,228
At 28 March 2024 33,231 23,088 17,608
NET BOOK VALUE
At 28 March 2024 15,824 11,899 3,684
At 29 March 2023 21,098 15,866 4,593

Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 30 March 2023 18,000 9,337 132,352
Additions 86,583 895 87,797
At 28 March 2024 104,583 10,232 220,149
DEPRECIATION
At 30 March 2023 750 5,008 69,216
Charge for period 25,958 1,306 37,733
At 28 March 2024 26,708 6,314 106,949
NET BOOK VALUE
At 28 March 2024 77,875 3,918 113,200
At 29 March 2023 17,250 4,329 63,136

Yourstyle Leisure Limited (Registered number: 07963344)

Notes to the Financial Statements - continued
for the Period 30 March 2023 to 28 March 2024

4. TANGIBLE FIXED ASSETS - continued

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Plant and Motor
machinery vehicles Totals
£    £    £   
COST
At 30 March 2023 4,970 18,000 22,970
Additions - 86,583 86,583
At 28 March 2024 4,970 104,583 109,553
DEPRECIATION
At 30 March 2023 1,243 750 1,993
Charge for period 1,864 25,958 27,822
At 28 March 2024 3,107 26,708 29,815
NET BOOK VALUE
At 28 March 2024 1,863 77,875 79,738
At 29 March 2023 3,727 17,250 20,977

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 216,661 14,087
Other debtors 48,097 34,650
264,758 48,737

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 20,000 28,454
Hire purchase contracts 127,183 475,113
Trade creditors 98,334 1,056
Taxation and social security 98,018 177,931
Other creditors 905,144 107,014
1,248,679 789,568

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Bank loans 33,333 53,333
Hire purchase contracts 72,438 12,750
105,771 66,083

8. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Hire purchase contracts 199,621 487,863

The hire purchases are secured against the asset to which they relate.

Yourstyle Leisure Limited (Registered number: 07963344)

Notes to the Financial Statements - continued
for the Period 30 March 2023 to 28 March 2024

9. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the periods ended 28 March 2024 and 29 March 2023:

2024 2023
£    £   
Mr J P Hurst
Balance outstanding at start of period - -
Amounts advanced 86,109 -
Amounts repaid (76,993 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of period 9,116 -