REGISTERED NUMBER: |
UNAUDITED FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 31ST AUGUST 2024 |
FOR |
KIDS GYM LIMITED |
REGISTERED NUMBER: |
UNAUDITED FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 31ST AUGUST 2024 |
FOR |
KIDS GYM LIMITED |
KIDS GYM LIMITED (REGISTERED NUMBER: 05224111) |
CONTENTS OF THE FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 31ST AUGUST 2024 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 4 |
KIDS GYM LIMITED |
COMPANY INFORMATION |
FOR THE YEAR ENDED 31ST AUGUST 2024 |
DIRECTORS: |
SECRETARY: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Chartered Accountants |
Mercury House |
19-21 Chapel Street |
Marlow |
Buckinghamshire |
SL7 3HN |
KIDS GYM LIMITED (REGISTERED NUMBER: 05224111) |
BALANCE SHEET |
31ST AUGUST 2024 |
31.8.24 | 31.8.23 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Intangible assets | 4 |
Tangible assets | 5 |
CURRENT ASSETS |
Debtors | 6 |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 7 |
NET CURRENT (LIABILITIES)/ASSETS | ( |
) |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CAPITAL AND RESERVES |
Called up share capital | 8 |
Retained earnings |
SHAREHOLDERS' FUNDS |
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. |
KIDS GYM LIMITED (REGISTERED NUMBER: 05224111) |
BALANCE SHEET - continued |
31ST AUGUST 2024 |
The financial statements were approved by the Board of Directors and authorised for issue on |
KIDS GYM LIMITED (REGISTERED NUMBER: 05224111) |
NOTES TO THE FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 31ST AUGUST 2024 |
1. | STATUTORY INFORMATION |
Kids Gym Limited is a |
2. | ACCOUNTING POLICIES |
Compliance with accounting standards |
The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (UK Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated). |
Turnover |
Turnover represents invoiced sales of services and fees. |
Goodwill |
Goodwill, being the amounts paid in connection with the acquisition of a business in 2023, is being amortised evenly over it's estimated useful life of seven years. |
Intangible fixed assets |
The cost of this asset represents the renewal franchise fees, and related costs, paid. These are to be amortised over their estimated useful life of 10 years (from 1st July 2017 for Chiswick, 17 July 2023 for Wandsworth and 29 November 2023 for Wimbledon and Woking) on a straight line basis. |
Tangible fixed assets |
Furniture, fixtures & kitchen equipment | - |
Gym equipment & fittings | - |
Computer & other equipment | - |
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 |
KIDS GYM LIMITED (REGISTERED NUMBER: 05224111) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE YEAR ENDED 31ST AUGUST 2024 |
4. | INTANGIBLE FIXED ASSETS |
Other |
intangible |
Goodwill | assets | Totals |
£ | £ | £ |
COST |
At 1st September 2023 |
Additions |
At 31st August 2024 |
AMORTISATION |
At 1st September 2023 |
Charge for year |
At 31st August 2024 |
NET BOOK VALUE |
At 31st August 2024 |
At 31st August 2023 |
5. | TANGIBLE FIXED ASSETS |
Furniture, |
fixtures & |
Short | Improvements | kitchen |
leasehold | to property | equipment |
£ | £ | £ |
COST |
At 1st September 2023 |
Additions |
At 31st August 2024 |
DEPRECIATION |
At 1st September 2023 |
Charge for year |
At 31st August 2024 |
NET BOOK VALUE |
At 31st August 2024 |
At 31st August 2023 |
KIDS GYM LIMITED (REGISTERED NUMBER: 05224111) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE YEAR ENDED 31ST AUGUST 2024 |
5. | TANGIBLE FIXED ASSETS - continued |
Gym | Computer & |
equipment & | Motor | other |
fittings | vehicles | equipment | Totals |
£ | £ | £ | £ |
COST |
At 1st September 2023 |
Additions |
At 31st August 2024 |
DEPRECIATION |
At 1st September 2023 |
Charge for year |
At 31st August 2024 |
NET BOOK VALUE |
At 31st August 2024 |
At 31st August 2023 |
6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
31.8.24 | 31.8.23 |
£ | £ |
Other debtors |
7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
31.8.24 | 31.8.23 |
£ | £ |
Trade creditors |
Taxation and social security |
Other creditors |
8. | CALLED UP SHARE CAPITAL |
Allotted, issued and fully paid: |
Number: | Class: | Nominal | 31.8.24 | 31.8.23 |
value: | £ | £ |
Founder shares | £1 | 100 | 4 |
(31.8.23 - 4 ) |
"A" Shares | 1 | 100 | - |
200 | 4 |
The following shares were allotted and fully paid for cash at par during the year: |
96 Founder shares shares of £1 each |
100 "A" Shares shares of 1 each |