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Registration number: 06766429

Pepper Road Gym Limited
Unaudited Filleted Financial Statements
for the Year Ended 30 September 2024

Pepper Road Gym Limited

Contents

Balance Sheet | 1
Notes to the Unaudited Financial Statements | 2 to 4

Pepper Road Gym Limited

(Registration number: 06766429)
Balance Sheet as at 30 September 2024

| Note | 2024 £ | 2023 £
Current assets |  |  |
Cash at bank and in hand |  | 16,536 | 18,541
Creditors: Amounts falling due within one year | 5 | (17,666) | (20,150)
Net liabilities |  | (1,130) | (1,609)
Capital and reserves |  |  |
Called up share capital |  | 6 | 6
Retained earnings |  | (1,136) | (1,615)
Shareholders' deficit |  | (1,130) | (1,609)

For the financial year ending 30 September 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; and
• | The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 4 June 2025 and signed on its behalf by:

......................................... Mr S R Marsh Director |  |

Pepper Road Gym Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2024

1 | General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Greta House
156 Chester Road
Hazel Grove
Stockport
SK7 6NE

These financial statements were authorised for issue by the Board on 4 June 2025.

2 | Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

At the balance sheet date, the company's liabilities exceeded its assets. The company has received assurances from the directors that they will continue to give financial support to the company for the foreseeable future and for a period not less than 12 months from the date of signing these financial statements.
On this basis, the directors consider it appropriate to prepare the accounts on the going concern basis. However, should the financial support mentioned above not be forthcoming the going concern basis used in preparing the company's accounts may be invalid and adjustments would have to be made to reduce the value of assets to their realisable amount and provide for any further liabilities which might arise. The accounts do not include any adjustment to the company's assets or liabilities that might be be necessary should this basis not continue to be appropriate.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.
The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Pepper Road Gym Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2024

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

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

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3 | Staff numbers

The average number of persons employed by the company (including directors) during the year, was 4 (2023 - 4).

4 | Debtors

Current | 2024 £ | 2023 £
| - | -

5 | Creditors

Creditors: amounts falling due within one year

| 2024 £ | 2023 £
Due within one year |  |
Taxation and social security | 278 | 161
Accruals and deferred income | 630 | 630
Other creditors | 16,758 | 19,359
| 17,666 | 20,150

Creditors include loans, with no interest and no set repayment date, which are secured by a fixed and floating charge of £1,160 (2023 - £1,160).

6 | Related party transactions

Summary of transactions with other related parties

Pepper Road Gym Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2024

Included within Creditors due within one year is £1,160 (2023: £1,160) owed to Peniche Limited, a company registered in England and Wales, which is under common control. The loan is interest free with no set repayment date