2 2 Sport Massage Leicester Ltd 10232520 false 2023-07-01 2024-06-30 2024-06-30 The principal activity of the company is Physiotherapy Digita Accounts Production Advanced 6.30.9574.0 true 10232520 2023-07-01 2024-06-30 10232520 2024-06-30 10232520 core:RetainedEarningsAccumulatedLosses 2024-06-30 10232520 core:ShareCapital 2024-06-30 10232520 core:CurrentFinancialInstruments 2024-06-30 10232520 core:CurrentFinancialInstruments core:WithinOneYear 2024-06-30 10232520 core:Non-currentFinancialInstruments core:AfterOneYear 2024-06-30 10232520 core:OtherPropertyPlantEquipment 2024-06-30 10232520 bus:SmallEntities 2023-07-01 2024-06-30 10232520 bus:AuditExemptWithAccountantsReport 2023-07-01 2024-06-30 10232520 bus:FilletedAccounts 2023-07-01 2024-06-30 10232520 bus:SmallCompaniesRegimeForAccounts 2023-07-01 2024-06-30 10232520 bus:RegisteredOffice 2023-07-01 2024-06-30 10232520 bus:Director1 2023-07-01 2024-06-30 10232520 bus:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 10232520 core:OtherPropertyPlantEquipment 2023-07-01 2024-06-30 10232520 core:PlantMachinery 2023-07-01 2024-06-30 10232520 countries:AllCountries 2023-07-01 2024-06-30 10232520 2023-06-30 10232520 core:OtherPropertyPlantEquipment 2023-06-30 10232520 2022-07-01 2023-06-30 10232520 2023-06-30 10232520 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2023-06-30 10232520 core:ShareCapital core:PreviouslyStatedAmount 2023-06-30 10232520 core:CurrentFinancialInstruments core:WithinOneYear core:PreviouslyStatedAmount 2023-06-30 10232520 core:CurrentFinancialInstruments core:PreviouslyStatedAmount 2023-06-30 10232520 core:Non-currentFinancialInstruments core:AfterOneYear core:PreviouslyStatedAmount 2023-06-30 10232520 core:OtherPropertyPlantEquipment 2023-06-30 10232520 core:PreviouslyStatedAmount 2023-06-30 xbrli:pure iso4217:GBP

Registration number: 10232520

Sport Massage Leicester Ltd

Annual Report and Financial Statements

for the Year Ended 30 June 2024

 

Sport Massage Leicester Ltd

Contents

Balance Sheet

1 to 2

Notes to the Unaudited Financial Statements

3 to 6

 

Sport Massage Leicester Ltd

Company registration number: 10232520
Balance Sheet as at 30 June 2024

Note

2024
£

2023
£

Fixed assets

 

Tangible assets

4

12,105

13,683

Investment property

5

190,000

190,000

 

202,105

203,683

Current assets

 

Debtors

345

115

Cash at bank and in hand

 

30,913

40,295

 

31,258

40,410

Creditors: Amounts falling due within one year

6

(25,462)

(30,695)

Net current assets

 

5,796

9,715

Total assets less current liabilities

 

207,901

213,398

Creditors: Amounts falling due after more than one year

6

(166,806)

(174,902)

Provisions for liabilities

(2,300)

(2,600)

Net assets

 

38,795

35,896

Capital and reserves

 

Called up share capital

100

100

Retained earnings

38,695

35,796

Shareholders' funds

 

38,795

35,896

 

Sport Massage Leicester Ltd

Company registration number: 10232520
Balance Sheet as at 30 June 2024 (continued)

For the financial year ending 30 June 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 17 March 2025
 

P Harris
Director

   
     
 

Sport Massage Leicester Ltd

Notes to the Unaudited Financial Statements for the
Year Ended 30 June 2024

1

General information

The company is a private company limited by share capital, incorporated in England & Wales.

The address of its registered office is:
467 Welford Road
LEICESTER
LE2 6BL

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of value added tax.

Tax

Tax charges are calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

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

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

 

Sport Massage Leicester Ltd

Notes to the Unaudited Financial Statements for the
Year Ended 30 June 2024 (continued)

Tangible assets

Tangible assets are stated in the balance sheet at cost, less subsequent accumulated depreciation and any subsequent accumulated impairment losses.

Depreciation

Depreciation is charged so as to write off the cost of assets over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Equipment

10% on cost or 25% on book value

Investment property

Investment property is carried at fair value, derived from the current market prices for comparable real estate determined annually by the director(s). Changes in fair value are recognised in profit or loss.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

3

Staff numbers

The average number of persons employed by the company (including the director) during the year, was 2 (2023 - 2).

 

Sport Massage Leicester Ltd

Notes to the Unaudited Financial Statements for the
Year Ended 30 June 2024 (continued)

4

Tangible assets

Equipment
£

Total
£

Cost or valuation

At 1 July 2023

23,061

23,061

Additions

1,131

1,131

At 30 June 2024

24,192

24,192

Depreciation

At 1 July 2023

9,378

9,378

Charge for the year

2,709

2,709

At 30 June 2024

12,087

12,087

Carrying amount

At 30 June 2024

12,105

12,105

At 30 June 2023

13,683

13,683

5

Investment properties

2024
£

At 1 July

190,000

At 30 June

190,000

There has been no valuation of investment property by an independent valuer.

 

Sport Massage Leicester Ltd

Notes to the Unaudited Financial Statements for the
Year Ended 30 June 2024 (continued)

6

Creditors

Creditors: amounts falling due within one year

2024
£

2023
£

Bank loans and overdrafts

9,836

14,315

Taxation and social security

13,129

12,705

Other creditors

2,497

3,675

25,462

30,695

Creditors: amounts falling due after more than one year

2024
£

2023
£

Loans and borrowings

166,806

174,902

Secured liabilities

Creditors includes a bank loan and HP obligations, which are secured, totalled £120,041 (2023: £128,198).