2023-08-01 2024-07-31 false Capium Accounts Production 1.1 10303806 2023-08-01 2024-07-31 10303806 bus:AbridgedAccounts 2023-08-01 2024-07-31 10303806 bus:Micro-entities 2023-08-01 2024-07-31 10303806 bus:AuditExemptWithAccountantsReport 2023-08-01 2024-07-31 10303806 bus:SmallCompaniesRegimeForAccounts 2023-08-01 2024-07-31 10303806 bus:PrivateLimitedCompanyLtd 2023-08-01 2024-07-31 10303806 2023-08-01 2024-07-31 10303806 2024-07-31 10303806 bus:RegisteredOffice 2023-08-01 2024-07-31 10303806 core:WithinOneYear 2024-07-31 10303806 core:AfterOneYear 2024-07-31 10303806 1 2023-08-01 2024-07-31 10303806 bus:Director1 2023-08-01 2024-07-31 10303806 bus:Director1 2024-07-31 10303806 bus:Director1 2022-08-01 2023-07-31 10303806 bus:Director2 2023-08-01 2024-07-31 10303806 bus:Director2 2024-07-31 10303806 bus:Director2 2022-08-01 2023-07-31 10303806 bus:Director3 2023-08-01 2024-07-31 10303806 bus:Director3 2024-07-31 10303806 bus:Director3 2022-08-01 2023-07-31 10303806 2022-08-01 10303806 bus:LeadAgentIfApplicable 2023-08-01 2024-07-31 10303806 2022-08-01 2023-07-31 10303806 2023-07-31 10303806 core:WithinOneYear 2023-07-31 10303806 core:AfterOneYear 2023-07-31 10303806 bus:EntityAccountantsOrAuditors 2022-08-01 2023-07-31 10303806 core:LandBuildings 2023-08-01 2024-07-31 10303806 core:LandBuildings 2024-07-31 10303806 core:LandBuildings 2023-07-31 10303806 core:PlantMachinery 2023-08-01 2024-07-31 10303806 core:PlantMachinery 2024-07-31 10303806 core:PlantMachinery 2023-07-31 10303806 core:ComputerEquipment 2023-08-01 2024-07-31 10303806 core:ComputerEquipment 2024-07-31 10303806 core:ComputerEquipment 2023-07-31 10303806 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2024-07-31 10303806 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2023-07-31 10303806 core:CostValuation core:Non-currentFinancialInstruments 2024-07-31 10303806 core:CostValuation core:Non-currentFinancialInstruments 2023-07-31 10303806 core:AdditionsToInvestments core:Non-currentFinancialInstruments 2024-07-31 10303806 core:DisposalsDecreaseInInvestments core:Non-currentFinancialInstruments 2024-07-31 10303806 core:RevaluationsIncreaseDecreaseInInvestments core:Non-currentFinancialInstruments 2024-07-31 10303806 core:Non-currentFinancialInstruments 2024-07-31 10303806 core:Non-currentFinancialInstruments 2023-07-31 iso4217:GBP xbrli:shares xbrli:pure
Logo On Report
Registered Number: 10303806
England and Wales

 

 

 

GYMFINITY GYMNASTICS SPORTS ACADEMY LIMITED


Abridged Accounts
 


Period of accounts

Start date: 01 August 2023

End date: 31 July 2024
Report to the directors on the preparation of the unaudited statutory accounts of Gymfinity Gymnastics Sports Academy Limited for the year ended 31 July 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Gymfinity Gymnastics Sports Academy Limited for the year ended 31 July 2024 which comprise of the Profit and Loss Account, the Statement of Comprehensive Income, the Balance Sheet, the Statement of Changes in Equity and the related notes from the company’s accounting records and from information and explanations you have given us
As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at
http://rulebook.accaglobal.com/
This report is made solely to the Board of Directors of Gymfinity Gymnastics Sports Academy Limited, as a body, in accordance with the terms of our engagement letter dated 28 March 2019 Our work has been undertaken solely to prepare for your approval the accounts of Gymfinity Gymnastics Sports Academy Limited and state those matters that we have agreed to state to the Board of Directors of Gymfinity Gymnastics Sports Academy Limited, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Gymfinity Gymnastics Sports Academy Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Gymfinity Gymnastics Sports Academy 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 profit of Gymfinity Gymnastics Sports Academy Limited. You consider that Gymfinity Gymnastics Sports Academy Limited is exempt from the statutory audit requirement for the year
We have not been instructed to carry out an audit or a review of the accounts of Gymfinity Gymnastics Sports Academy 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
31 July 2024



....................................................
JLS & Co Accountants Limited
112 Gilfach Street
BARGOED
CF81 8LQ
09 April 2025
1
  2024   2023
    £ £   £ £
Fixed assets   8,070      10,778 
Current assets 74,381      70,735   
Creditors: amount falling due within one year (43,453)     (30,234)  
Net current assets   30,928      40,501 
Total assets less current liabilities   38,998      51,279 
Creditors: amount falling due after more than one year   (15,908)     (26,079)
Net assets   23,090      25,200 
 

         
Capital and reserves   23,090      25,200 
 
NOTES TO THE ACCOUNTS

General Information
Gymfinity Gymnastics Sports Academy Limited is a private company, limited by guarantee, registered in England and Wales, registration number 10303806, registration address Windsor The Rhyd, TREDEGAR, NP22 4LY.

The presentation currency is £ sterling.
1.

Accounting policies

Significant accounting policies
Statement of compliance
These financial statements have been prepared in compliance with FRS 105 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
Basis of preparation
The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.
The financial statements are prepared in sterling which is the functional currency of the company.
2.

Average number of employees


Average number of employees during the year was 13 (2023 : 12).

3.

Financial Commitments, Guarantees and Contingencies

At the 31 July 2024 the company had annual commitments under non-cancellable operating lease as set out below:
Operating leases which expire: 2024
£
 2023
£
Within 2 to 5 years54,985 38,385 




For the year ended 31 July 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' 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.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

These accounts have been prepared in accordance with the micro-entity provisions and FRS 105, the Financial Reporting Standard applicable to the micro-entities regime. The accounts have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. The income statement has not been delivered to the Registrar of Companies.

The members have agreed to the preparation of abridged accounts.
The financial statements were approved by the board of directors on 09 April 2025 and were signed on its behalf by:


--------------------------------
Daniel Anthony Richards
Director
--------------------------------
Paul Reed
Director
2