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REGISTERED NUMBER: 04533249 (England and Wales)











UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2024

FOR

THE BODYCENTRE LIMITED

THE BODYCENTRE LIMITED (REGISTERED NUMBER: 04533249)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


THE BODYCENTRE LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 SEPTEMBER 2024







DIRECTORS: Mrs D Woodgate
L Woodgate





REGISTERED OFFICE: 54 Thorpe Road
Norwich
Norfolk
NR1 1RY





REGISTERED NUMBER: 04533249 (England and Wales)






THE BODYCENTRE LIMITED (REGISTERED NUMBER: 04533249)

BALANCE SHEET
30 SEPTEMBER 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 225,845 246,509
225,845 246,509

CURRENT ASSETS
Stocks 475,404 460,370
Debtors 6 534,807 434,778
1,010,211 895,148
CREDITORS
Amounts falling due within one year 7 743,220 648,500
NET CURRENT ASSETS 266,991 246,648
TOTAL ASSETS LESS CURRENT
LIABILITIES

492,836

493,157

CREDITORS
Amounts falling due after more than one
year

8

(29,166

)

(79,167

)

PROVISIONS FOR LIABILITIES (52,843 ) (57,313 )
NET ASSETS 410,827 356,677

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 410,727 356,577
SHAREHOLDERS' FUNDS 410,827 356,677

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 BODYCENTRE LIMITED (REGISTERED NUMBER: 04533249)

BALANCE SHEET - continued
30 SEPTEMBER 2024


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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 27 March 2025 and were signed on its behalf by:





Mrs D Woodgate - Director


THE BODYCENTRE LIMITED (REGISTERED NUMBER: 04533249)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

1. STATUTORY INFORMATION

The Bodycentre Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

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.

Going concern
The directors have considered the company's position at the time of signing the financial statements. After reviewing the company's forecasts and projections, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. The company therefore continues to adopt the going concern basis of accounting in preparing its financial statements.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

The following criteria must also be met before revenue is recognised:

Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has accepted delivery of the goods.

Rendering of services
Turnover from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract.

Goodwill
Goodwill represents the difference between amounts paid on the cost of a business combination and the acquirer's interest in the fair value of the company's share of its identifiable assets and liabilities of the acquiree at the date of acquisition. Subsequent to initial recognition, goodwill is measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is amortised on a straight line basis to the Statement of income and retained earnings over its useful economic life, considered to be 10 years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

THE BODYCENTRE LIMITED (REGISTERED NUMBER: 04533249)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2024

2. ACCOUNTING POLICIES - continued

Tangible fixed assets
Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives.

Depreciation is provided on the following basis:

Property improvements - over period for the lease
Plant and machinery - 15% reducing balance
Motor vehicles - 25% reducing balance
Computer equipment - 33% straight line
Office Equipment - 15% reducing balance

The assets' residual values , useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in the Statement of Income and retained earnings.

Stocks
Cost is calculated using the first in, first out method.

Debtors
Short term debtors are measured at transaction price, less any impairment.

Cash and cash equivalents
Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

Creditors
Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Financial instruments
The company only enters into basic financial instruments that result in the recognition of financial assets and liabilities like trade and other debtors and creditors and loans from banks and other third parties.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.


THE BODYCENTRE LIMITED (REGISTERED NUMBER: 04533249)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2024

2. ACCOUNTING POLICIES - continued
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 year 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.

Hire purchase and leasing commitments
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 year was 27 (2023 - 26 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 October 2023
and 30 September 2024 60,000
AMORTISATION
At 1 October 2023
and 30 September 2024 60,000
NET BOOK VALUE
At 30 September 2024 -
At 30 September 2023 -

THE BODYCENTRE LIMITED (REGISTERED NUMBER: 04533249)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2024

5. TANGIBLE FIXED ASSETS
Improvements
to Plant and Computer
property machinery equipment
£    £    £   
COST
At 1 October 2023 63,858 455,362 11,955
Additions - 21,585 -
At 30 September 2024 63,858 476,947 11,955
DEPRECIATION
At 1 October 2023 47,733 237,554 8,926
Charge for year 2,580 35,909 2,075
At 30 September 2024 50,313 273,463 11,001
NET BOOK VALUE
At 30 September 2024 13,545 203,484 954
At 30 September 2023 16,125 217,808 3,029

Motor Office
vehicles equipment Totals
£    £    £   
COST
At 1 October 2023 7,292 7,651 546,118
Additions - - 21,585
At 30 September 2024 7,292 7,651 567,703
DEPRECIATION
At 1 October 2023 3,190 2,206 299,609
Charge for year 1,025 660 42,249
At 30 September 2024 4,215 2,866 341,858
NET BOOK VALUE
At 30 September 2024 3,077 4,785 225,845
At 30 September 2023 4,102 5,445 246,509

THE BODYCENTRE LIMITED (REGISTERED NUMBER: 04533249)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2024

5. TANGIBLE FIXED ASSETS - continued

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Plant and
machinery
£   
COST
At 1 October 2023 162,500
Transfer to ownership (162,500 )
At 30 September 2024 -
DEPRECIATION
At 1 October 2023 83,393
Transfer to ownership (83,393 )
At 30 September 2024 -
NET BOOK VALUE
At 30 September 2024 -
At 30 September 2023 79,107

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 413,230 329,215
Other debtors 121,577 105,563
534,807 434,778

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 221,127 125,983
Hire purchase contracts - 13,488
Trade creditors 267,456 252,861
Taxation and social security 185,304 190,079
Other creditors 69,333 66,089
743,220 648,500

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Bank loans 29,166 79,167

THE BODYCENTRE LIMITED (REGISTERED NUMBER: 04533249)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2024

9. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Bank loans 79,166 129,167
Hire purchase contracts - 13,488
79,166 142,655

10. OTHER FINANCIAL COMMITMENTS

The company has commitments under operating leases amounting to £438,613 (2022 - £479,127).

11. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 30 September 2024 and 30 September 2023:

2024 2023
£    £   
Mrs D Woodgate
Balance outstanding at start of year 40,872 4,242
Amounts advanced 48,930 36,630
Amounts repaid (40,872 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 48,930 40,872

L Woodgate
Balance outstanding at start of year 40,872 4,242
Amounts advanced 48,930 36,630
Amounts repaid (40,872 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 48,930 40,872

12. ULTIMATE CONTROLLING PARTY

The company is under the ultimate control of the directors.