Registered number
13260637
Gym 28 Ltd
Filleted Accounts
31 March 2024
Gym 28 Ltd
Registered number: 13260637
Balance Sheet
as at 31 March 2024
Notes 2024 2023
£ £
Fixed assets
Tangible assets 3 56,514 65,836
Current assets
Cash at bank and in hand 130 2,367
Creditors: amounts falling due within one year 4 (113,152) (114,661)
Net current liabilities (113,022) (112,294)
Net liabilities (56,508) (46,458)
Capital and reserves
Called up share capital 60 60
Profit and loss account (56,568) (46,518)
Shareholders' funds (56,508) (46,458)
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
H Warburton
Director
Approved by the board on 10 March 2025
Gym 28 Ltd
Notes to the Accounts
for the year ended 31 March 2024
1 Accounting policies
Turnover
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 from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 1 2
3 Tangible fixed assets
Land and buildings Plant and machinery etc Fixtures and fittings Total
£ £ £ £
Cost
At 1 April 2023 18,310 72,189 380 90,879
Additions - 675 - 675
At 31 March 2024 18,310 72,864 380 91,554
Depreciation
At 1 April 2023 5,081 19,796 166 25,043
Charge for the year 1,984 7,960 53 9,997
At 31 March 2024 7,065 27,756 219 35,040
Net book value
At 31 March 2024 11,245 45,108 161 56,514
At 31 March 2023 13,229 52,393 214 65,836
4 Creditors: amounts falling due within one year 2024 2023
£ £
Trade creditors - 4,294
Taxation and social security costs - 3,999
Accruals 2,255 1,100
DLA 110,897 105,268
113,152 114,661
5 Other information
Gym 28 Ltd is a private company limited by shares and incorporated in England. Its registered office is:
199b Chaddock Lane
Tyldesley
M28 1DW
Gym 28 Ltd 13260637 false 2023-04-01 2024-03-31 2024-03-31 VT Final Accounts July 2024 H Warburton No description of principal activity 13260637 2022-04-01 2023-03-31 13260637 core:WithinOneYear 2023-03-31 13260637 core:ShareCapital 2023-03-31 13260637 core:RetainedEarningsAccumulatedLosses 2023-03-31 13260637 2023-04-01 2024-03-31 13260637 bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 13260637 bus:AuditExemptWithAccountantsReport 2023-04-01 2024-03-31 13260637 bus:Director40 2023-04-01 2024-03-31 13260637 1 2023-04-01 2024-03-31 13260637 2 2023-04-01 2024-03-31 13260637 core:LandBuildings 2023-04-01 2024-03-31 13260637 core:PlantMachinery 2023-04-01 2024-03-31 13260637 core:Vehicles 2023-04-01 2024-03-31 13260637 countries:England 2023-04-01 2024-03-31 13260637 bus:FRS102 2023-04-01 2024-03-31 13260637 bus:FilletedAccounts 2023-04-01 2024-03-31 13260637 2024-03-31 13260637 core:WithinOneYear 2024-03-31 13260637 core:ShareCapital 2024-03-31 13260637 core:RetainedEarningsAccumulatedLosses 2024-03-31 13260637 core:LandBuildings 2024-03-31 13260637 core:PlantMachinery 2024-03-31 13260637 core:Vehicles 2024-03-31 13260637 2023-03-31 13260637 core:LandBuildings 2023-03-31 13260637 core:PlantMachinery 2023-03-31 13260637 core:Vehicles 2023-03-31 iso4217:GBP xbrli:pure