Company Registration No. NI671809 (Northern Ireland)
Planet.gymmastics NI LIMITED
Unaudited accounts
for the year ended 31 August 2024
Planet.gymmastics NI LIMITED
Unaudited accounts
Contents
Planet.gymmastics NI LIMITED
Company Information
for the year ended 31 August 2024
Company Number
NI671809 (Northern Ireland)
Registered Office
5 Richburn Gardens
Kilfennan
Derry
BT47 5QJ
United Kingdom
Accountants
Michael Bolster
Unit 18, Northwest Business Complex
Skeoge Industrial Estate
L'Derry
BT48 8SE
Planet.gymmastics NI LIMITED
Statement of financial position
as at 31 August 2024
Tangible assets
14,075
12,067
Cash at bank and in hand
16,713
19,381
Creditors: amounts falling due within one year
(9,962)
(6,836)
Net current assets
6,751
12,545
Called up share capital
1
1
Profit and loss account
20,825
24,611
Shareholders' funds
20,826
24,612
For the year ending 31 August 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 21 May 2025 and were signed on its behalf by
Louise Blackwood
Director
Company Registration No. NI671809
Planet.gymmastics NI LIMITED
Notes to the Accounts
for the year ended 31 August 2024
Planet.gymmastics NI LIMITED is a private company, limited by shares, registered in Northern Ireland, registration number NI671809. The registered office is 5 Richburn Gardens, Kilfennan, Derry, BT47 5QJ, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 September 2023
6,300
13,866
20,166
At 31 August 2024
6,300
19,456
25,756
At 1 September 2023
2,520
5,579
8,099
Charge for the year
1,512
2,070
3,582
At 31 August 2024
4,032
7,649
11,681
At 31 August 2024
2,268
11,807
14,075
At 31 August 2023
3,780
8,287
12,067
5
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
5,189
2,136
Loans from directors
3,023
3,079
Planet.gymmastics NI LIMITED
Notes to the Accounts
for the year ended 31 August 2024
6
Average number of employees
During the year the average number of employees was 2 (2023: 1).