2023-07-01 08345269 2024-06-30 08345269 2023-07-01 2024-06-30 08345269 2023-06-30 08345269 2022-07-01 2023-06-30 08345269 uk-core:WithinOneYear 2023-06-30 08345269 uk-core:WithinOneYear 2024-06-30 08345269 uk-core:AfterOneYear 2023-06-30 08345269 uk-core:AfterOneYear 2024-06-30 08345269 uk-core:ShareCapital 2024-06-30 08345269 uk-core:ShareCapital 2023-06-30 08345269 uk-core:RetainedEarningsAccumulatedLosses 2024-06-30 08345269 uk-core:RetainedEarningsAccumulatedLosses 2023-06-30 08345269 uk-bus:Director1 2023-07-01 2024-06-30 08345269 uk-core:FurnitureFittings 2023-07-01 2024-06-30 iso4217:GBP xbrli:pure 08345269 uk-bus:AuditExemptWithAccountantsReport 2023-07-01 2024-06-30 08345269 uk-bus:FRS102 2023-07-01 2024-06-30 08345269 uk-bus:FilletedAccounts 2023-07-01 2024-06-30 08345269 uk-bus:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30
Functional Fitness Solutions Limited
Registered Number:08345269
For the year ended 30 June 2024
England and Wales
Unaudited Financial Statements
2
For the year ended 30 June 2024
Functional Fitness Solutions Limited
Contents Page
1
Statement of Financial Position
2 to 4
Notes to the Financial Statements
3
Registered Number :
08345269
As at 30 June 2024
Functional Fitness Solutions Limited
Statement of Financial Position
£
£
2023
2024
Notes
Fixed assets
Property, plant and equipment
7,511
10,015
2
7,511
10,015
Current assets
Trade and other receivables
8,784
2,462
3
4,956
Cash and cash equivalents
235
2,697
13,740
Trade and other payables: amounts falling due within one year
(7,030)
(7,283)
4
6,710
(4,586)
Net current liabilities
Total assets less current liabilities
2,925
16,725
Trade and other payables: amounts falling due after more than one
year
(301)
(1,102)
5
(1,427)
(1,903)
Provisions for liabilities
396
Net assets
14,521
Capital and reserves
Called up share capital
100
100
Retained earnings
296
14,421
396
14,521
Shareholders' funds
For the year ended 30 June 2024 the company was entitled to exemption from audit under Section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2024 in accordance with Section 476 of the Companies Act 2006
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section 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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Mr Leon David Wormley Director
These financial statements were approved and authorised for issue by the Board on 20 March 2025 and were signed by:
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4
Registered Number :
08345269
For the year ended 30 June 2024
Functional Fitness Solutions Limited
Statement of Financial Position Continued
The notes form part of these financial statements
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5
For the year ended 30 June 2024
Functional Fitness Solutions Limited
Notes to the Financial Statements
Statutory Information
Functional Fitness Solutions Limited is a private limited company, limited by shares, domiciled in England and Wales,
registration number 08345269.
Registered address:
Unit 2 Galax Business Centre
Fitzwilliam Road
Rotherham
S65 1SL
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial Reporting Standard
102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The
financial statements have been prepared under the historical costs convention as modified by the revaluation of certain assets.
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Property, plant and equipment
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Plant and machinery
25% Reducing balance
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.
2. Property, plant and equipment
Plant and
machinery
£
Cost or valuation
At 01 July 2023
52,737
At 30 June 2024
52,737
Provision for depreciation and impairment
At 01 July 2023
42,722
Charge for year
2,504
At 30 June 2024
45,226
At 30 June 2024
Net book value
7,511
At 30 June 2023
10,015
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6
For the year ended 30 June 2024
Functional Fitness Solutions Limited
Notes to the Financial Statements Continued
3. Trade and other receivables
2023
2024
£
£
Trade debtors
2,462
8,784
4. Trade and other payables: amounts falling due within one year
2023
2024
£
£
Taxation and social security
6,342
6,089
Other creditors
941
941
7,283
7,030
5. Trade and other payables: amounts falling due after more than one year
2023
2024
£
£
Other creditors
1,102
301
6. Average number of persons employed
During the year the average number of employees was 1 (2023 : 1)
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