Company Registration No. NI698516 (Northern Ireland)
Sona-gym Limited
Unaudited accounts
for the period from 26 June 2023 to 30 June 2024
Sona-gym Limited
Unaudited accounts
Contents
Sona-gym Limited
Company Information
for the period from 26 June 2023 to 30 June 2024
Company Number
NI698516 (Northern Ireland)
Registered Office
10 Thomas Street
Armagh
BT61 7PX
Northern Ireland
Accountants
DJB Accounting Ltd
34 Knockmoyle Drive
Greystone Road
Antrim
BT41 1HE
Sona-gym Limited
Accountants' report
Accountants' report to the director of Sona-gym Limited on the preparation of the unaudited statutory accounts for the period from 26 June 2023 to 30 June 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
Sona-gym Limited for the period from
26 June 2023 to
30 June 2024 as set out on pages
5 -
7 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of Sona-gym Limited, as a body, in accordance with the terms of our engagement letter dated 20 January 2025. Our work has been undertaken solely to prepare for your approval the accounts of Sona-gym Limited and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Sona-gym Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Sona-gym Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and loss of Sona-gym Limited. You consider that Sona-gym Limited is exempt from the statutory audit requirement for the period.
We have not been instructed to carry out an audit or a review of the accounts of Sona-gym Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
DJB Accounting Ltd
34 Knockmoyle Drive
Greystone Road
Antrim
BT41 1HE
19 March 2025
Sona-gym Limited
Statement of financial position
as at 30 June 2024
Cash at bank and in hand
779
Creditors: amounts falling due within one year
(116,541)
Net current liabilities
(115,762)
Profit and loss account
(14,786)
Shareholders' funds
(14,785)
For the period ending 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 in accordance with section 476 of the Companies Act 2006.
The director acknowledges her 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 19 March 2025 and were signed on its behalf by
Caoimhe O'Hagan
Director
Company Registration No. NI698516
Sona-gym Limited
Notes to the Accounts
for the period from 26 June 2023 to 30 June 2024
Sona-gym Limited is a private company, limited by shares, registered in Northern Ireland, registration number NI698516. The registered office is 10 Thomas Street, Armagh, BT61 7PX, Northern Ireland.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
20% Straight Line
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
Sona-gym Limited
Notes to the Accounts
for the period from 26 June 2023 to 30 June 2024
At the time of approving the financial statements, the director has a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus the director shall continue to adopt the going concern basis of accounting in preparing the financial statements.
4
Tangible fixed assets
Fixtures & fittings
Charge for the period
25,244
5
Creditors: amounts falling due within one year
2024
Loans from directors
18,343
6
Average number of employees
During the period the average number of employees was 1.