Caseware UK (AP4) 2023.0.135 2023.0.135 2025-01-312025-01-31truefalse2024-02-01falseNo description of principal activity43The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 09406136 2024-02-01 2025-01-31 09406136 2023-02-01 2024-01-31 09406136 2025-01-31 09406136 2024-01-31 09406136 c:Director1 2024-02-01 2025-01-31 09406136 d:PlantMachinery 2024-02-01 2025-01-31 09406136 d:PlantMachinery 2025-01-31 09406136 d:PlantMachinery 2024-01-31 09406136 d:PlantMachinery d:OwnedOrFreeholdAssets 2024-02-01 2025-01-31 09406136 d:FurnitureFittings 2024-02-01 2025-01-31 09406136 d:FurnitureFittings 2025-01-31 09406136 d:FurnitureFittings 2024-01-31 09406136 d:FurnitureFittings d:OwnedOrFreeholdAssets 2024-02-01 2025-01-31 09406136 d:OwnedOrFreeholdAssets 2024-02-01 2025-01-31 09406136 d:CurrentFinancialInstruments 2025-01-31 09406136 d:CurrentFinancialInstruments 2024-01-31 09406136 d:CurrentFinancialInstruments d:WithinOneYear 2025-01-31 09406136 d:CurrentFinancialInstruments d:WithinOneYear 2024-01-31 09406136 d:ShareCapital 2025-01-31 09406136 d:ShareCapital 2024-01-31 09406136 d:RetainedEarningsAccumulatedLosses 2025-01-31 09406136 d:RetainedEarningsAccumulatedLosses 2024-01-31 09406136 c:FRS102 2024-02-01 2025-01-31 09406136 c:AuditExempt-NoAccountantsReport 2024-02-01 2025-01-31 09406136 c:FullAccounts 2024-02-01 2025-01-31 09406136 c:PrivateLimitedCompanyLtd 2024-02-01 2025-01-31 09406136 2 2024-02-01 2025-01-31 09406136 e:PoundSterling 2024-02-01 2025-01-31 iso4217:GBP xbrli:pure

Registered number: 09406136









GRITSTONE CROSSFIT LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 JANUARY 2025

 
GRITSTONE CROSSFIT LIMITED
REGISTERED NUMBER: 09406136

BALANCE SHEET
AS AT 31 JANUARY 2025

2025
2024
Note
£
£

Fixed assets
  

Tangible assets
 4 
5,869
4,203

  
5,869
4,203

Current assets
  

Debtors: amounts falling due within one year
 5 
114
10

Cash at bank and in hand
 6 
39,015
31,208

  
39,129
31,218

Creditors: amounts falling due within one year
 7 
(10,753)
(11,395)

Net current assets
  
 
 
28,376
 
 
19,823

Total assets less current liabilities
  
34,245
24,026

  

Net assets
  
34,245
24,026


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
34,145
23,926

  
34,245
24,026


The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 




Page 1

 
GRITSTONE CROSSFIT LIMITED
REGISTERED NUMBER: 09406136
    
BALANCE SHEET (CONTINUED)
AS AT 31 JANUARY 2025

Richard Hill
Director

Date: 29 April 2025

The notes on pages 3 to 7 form part of these financial statements.

Page 2

 
GRITSTONE CROSSFIT LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2025

1.


General information

Gritstone Crossfit Limited (company number 09406136) is a private company limited by shares, registered in England and Wales. Its registered office is at Bushbury House, 435 Wilmslow Road, Withington, Manchester, M20 4AF.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as 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

Revenue from the sale of goods is recognised when all of the following conditions are satisfied:
the Company has transferred the significant risks and rewards of ownership to the buyer;
the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the transaction; and
the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Rendering of services

Revenue 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 when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

Page 3

 
GRITSTONE CROSSFIT LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2025

2.Accounting policies (continued)

 
2.3

Operating leases: the Company as lessee

Rentals paid under operating leases are charged to profit or loss on a straight-line basis over the lease term.

Benefits received and receivable as an incentive to sign an operating lease are recognised on a straight-line basis over the lease term, unless another systematic basis is representative of the time pattern of the lessee's benefit from the use of the leased asset.

 
2.4

Interest income

Interest income is recognised in profit or loss using the effective interest method.

 
2.5

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

 
2.6

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Balance sheet. The assets of the plan are held separately from the Company in independently administered funds.

 
2.7

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.


 
2.8

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.

Page 4

 
GRITSTONE CROSSFIT LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2025

2.Accounting policies (continued)


2.8
Tangible fixed assets (continued)

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Plant and machinery
-
25%
Straight line
Fixtures and fittings
-
20%
Straight line

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 profit or loss.

 
2.9

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.10

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.

 
2.11

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.

 
2.12

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.


3.


Employees

The average monthly number of employees, including directors, during the year was 4 (2024 - 3).

Page 5

 
GRITSTONE CROSSFIT LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2025

4.


Tangible fixed assets





Plant and machinery
Fixtures and fittings
Total

£
£
£



Cost or valuation


At 1 February 2024
63,204
1,197
64,401


Additions
4,485
-
4,485



At 31 January 2025

67,689
1,197
68,886



Depreciation


At 1 February 2024
59,001
1,197
60,198


Charge for the year on owned assets
2,819
-
2,819



At 31 January 2025

61,820
1,197
63,017



Net book value



At 31 January 2025
5,869
-
5,869



At 31 January 2024
4,203
-
4,203


5.


Debtors

2025
2024
£
£


Other debtors
104
-

Called up share capital not paid
10
10

114
10



6.


Cash and cash equivalents

2025
2024
£
£

Cash at bank and in hand
39,015
31,208

39,015
31,208


Page 6

 
GRITSTONE CROSSFIT LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2025

7.


Creditors: Amounts falling due within one year

2025
2024
£
£

Trade creditors
240
-

Corporation tax
2,124
3,161

Other taxation and social security
2,754
948

Other creditors
4,435
6,086

Accruals and deferred income
1,200
1,200

10,753
11,395



8.


Pension commitments

The Company operates a defined contributions pension scheme. The assets of the scheme are held separately from those of the Company  in an independently administered fund. The pension cost charge represents contributions payable by the Company  to the fund and amounted to £948 (2024 - £0) . Contributions totalling £0 (2024 - £0) were payable to the fund at the balance sheet date and are included in creditors.


9.


Related party transactions

At 31 January 2025 company owed £2,463 (2024: £6,086) to the director. No interest has been charged to the company in respect of this loan which is repayable on demand and classified in creditors due within on year. 

 
Page 7