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REGISTERED NUMBER: SC626173 (Scotland)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

FOR

BLACK STAG COMMUNITY FITNESS LTD

BLACK STAG COMMUNITY FITNESS LTD (REGISTERED NUMBER: SC626173)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


BLACK STAG COMMUNITY FITNESS LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2025







DIRECTORS: O G H Routledge
G Ward





REGISTERED OFFICE: Castle Chambers
67 Main Street
Bothwell
Glasgow
G71 8ER





REGISTERED NUMBER: SC626173 (Scotland)





ACCOUNTANT: John Murphy & Company (Scotland) Limited
Chartered Accountants
Castle Chambers
67 Main Street
Bothwell
Lanarkshire
G71 8ER

BLACK STAG COMMUNITY FITNESS LTD (REGISTERED NUMBER: SC626173)

BALANCE SHEET
31 MARCH 2025

31.3.25 31.3.24
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 8,609 -
Tangible assets 5 38,000 25,945
46,609 25,945

CURRENT ASSETS
Stocks 6 100 100
Debtors 7 5,600 16,133
Cash at bank 20,714 8,166
26,414 24,399
CREDITORS
Amounts falling due within one year 8 24,380 20,164
NET CURRENT ASSETS 2,034 4,235
TOTAL ASSETS LESS CURRENT
LIABILITIES

48,643

30,180

CREDITORS
Amounts falling due after more than one
year

9

(40,000

)

(20,890

)

PROVISIONS FOR LIABILITIES 10 (6,349 ) (4,003 )
NET ASSETS 2,294 5,287

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 2,292 5,285
SHAREHOLDERS' FUNDS 2,294 5,287

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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.

BLACK STAG COMMUNITY FITNESS LTD (REGISTERED NUMBER: SC626173)

BALANCE SHEET - continued
31 MARCH 2025


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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 14 April 2025 and were signed on its behalf by:





O G H Routledge - Director


BLACK STAG COMMUNITY FITNESS LTD (REGISTERED NUMBER: SC626173)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

1. STATUTORY INFORMATION

Black Stag Community Fitness Ltd is a private company, limited by shares , registered in Scotland. The company's registered number and registered office address can be found on the Company Information page.

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.

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

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2024, is being amortised evenly over its estimated useful life of four 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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Gym equipment - 25% on cost
Computer equipment - 25% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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

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.

BLACK STAG COMMUNITY FITNESS LTD (REGISTERED NUMBER: SC626173)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2025

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
Additions 10,079
At 31 March 2025 10,079
AMORTISATION
Charge for year 1,470
At 31 March 2025 1,470
NET BOOK VALUE
At 31 March 2025 8,609

5. TANGIBLE FIXED ASSETS
Fixtures
Gym and Computer
equipment fittings equipment Totals
£    £    £    £   
COST
At 1 April 2024 45,731 10,808 1,508 58,047
Additions 22,230 1,100 - 23,330
At 31 March 2025 67,961 11,908 1,508 81,377
DEPRECIATION
At 1 April 2024 29,214 1,788 1,100 32,102
Charge for year 9,893 1,068 314 11,275
At 31 March 2025 39,107 2,856 1,414 43,377
NET BOOK VALUE
At 31 March 2025 28,854 9,052 94 38,000
At 31 March 2024 16,517 9,020 408 25,945

6. STOCKS
31.3.25 31.3.24
£    £   
Stock 100 100

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.25 31.3.24
£    £   
Amounts owed by associates - 16,133
Prepayments 5,600 -
5,600 16,133

BLACK STAG COMMUNITY FITNESS LTD (REGISTERED NUMBER: SC626173)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2025

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.25 31.3.24
£    £   
Bank loans and overdrafts - 1,235
Other loans 10,000 7,993
Corporation tax 1,878 1,103
VAT 6,352 3,960
Directors' current accounts 1,900 4,818
Accrued charges 4,250 1,055
24,380 20,164

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.3.25 31.3.24
£    £   
Bank loans - 1-2 years - 1,258
Bank loans - 2-5 years - 298
Other loans - 1-2 years 10,000 3,635
Other loans - 2-5 years 30,000 15,699
40,000 20,890

10. PROVISIONS FOR LIABILITIES
31.3.25 31.3.24
£    £   
Deferred tax 6,349 4,003

Deferred
tax
£   
Balance at 1 April 2024 4,003
Provided during year 2,346
Balance at 31 March 2025 6,349

11. ULTIMATE CONTROLLING PARTY

The company is under the control of O. Routledge and G. Ward, each of whom hold 50% of the share capital of the company.