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Company No: 15327293 (England and Wales)

MC PERFORMANCE CENTRE (BOURNEMOUTH) LTD

Unaudited Financial Statements
For the financial period from 01 December 2023 to 31 December 2024
Pages for filing with the registrar

MC PERFORMANCE CENTRE (BOURNEMOUTH) LTD

Unaudited Financial Statements

For the financial period from 01 December 2023 to 31 December 2024

Contents

MC PERFORMANCE CENTRE (BOURNEMOUTH) LTD

BALANCE SHEET

As at 31 December 2024
MC PERFORMANCE CENTRE (BOURNEMOUTH) LTD

BALANCE SHEET (continued)

As at 31 December 2024
Note 31.12.2024
£
Fixed assets
Intangible assets 3 1,940
Tangible assets 4 44,129
46,069
Current assets
Cash at bank and in hand 5,056
5,056
Creditors: amounts falling due within one year 5 ( 31,192)
Net current liabilities (26,136)
Total assets less current liabilities 19,933
Creditors: amounts falling due after more than one year 6 ( 18,000)
Net assets 1,933
Capital and reserves
Called-up share capital 7 100
Profit and loss account 1,833
Total shareholder's funds 1,933

For the financial period ending 31 December 2024 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The financial statements of MC Performance Centre (Bournemouth) Ltd (registered number: 15327293) were approved and authorised for issue by the Director on 01 July 2025. They were signed on its behalf by:

M F Childs
Director
MC PERFORMANCE CENTRE (BOURNEMOUTH) LTD

NOTES TO THE FINANCIAL STATEMENTS

For the financial period from 01 December 2023 to 31 December 2024
MC PERFORMANCE CENTRE (BOURNEMOUTH) LTD

NOTES TO THE FINANCIAL STATEMENTS

For the financial period from 01 December 2023 to 31 December 2024
1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial period, unless otherwise stated.

General information and basis of accounting

MC Performance Centre (Bournemouth) Ltd (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Towngate House, 2-8 Parkstone Road, Poole, BH15 2PW, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The company has commenced trading on 4th December 2023.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Reporting period length

Reporting period length has been extended to 13 months ending 31st December 2024.

Turnover

Turnover is stated net of VAT and trade discounts and is recognised when the significant risks and rewards are considered to have been transferred to the buyer.
Revenue from services is recognised as they are delivered.

Intangible assets

Intangible assets are stated at cost or valuation, net of amortisation and any provision for impairment. Amortisation is provided on all intangible assets at rates to write off the cost or valuation of each asset over its expected useful life as follows:

Website costs 3 years straight line
Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a reducing balance basis over its expected useful life, as follows:

Plant and machinery 20 % reducing balance
Fixtures and fittings 20 % reducing balance
Office equipment 20 % reducing balance

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Balance Sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the Statement of Income and Retained Earnings as described below.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

2. Employees

Period from
01.12.2023 to
31.12.2024
Number
Monthly average number of persons employed by the Company during the period, including the director 1

3. Intangible assets

Website costs Total
£ £
Cost
At 01 December 2023 0 0
Additions 1,940 1,940
At 31 December 2024 1,940 1,940
Accumulated amortisation
At 01 December 2023 0 0
At 31 December 2024 0 0
Net book value
At 31 December 2024 1,940 1,940

4. Tangible assets

Plant and machinery Fixtures and fittings Office equipment Total
£ £ £ £
Cost
At 01 December 2023 0 0 0 0
Additions 41,879 3,913 3,276 49,068
At 31 December 2024 41,879 3,913 3,276 49,068
Accumulated depreciation
At 01 December 2023 0 0 0 0
Charge for the financial period 4,350 450 139 4,939
At 31 December 2024 4,350 450 139 4,939
Net book value
At 31 December 2024 37,529 3,463 3,137 44,129

5. Creditors: amounts falling due within one year

31.12.2024
£
Trade creditors 2,740
Other taxation and social security 1,097
Other creditors 27,355
31,192

6. Creditors: amounts falling due after more than one year

31.12.2024
£
Other creditors 18,000

There are no amounts included above in respect of which any security has been given by the small entity.

7. Called-up share capital

31.12.2024
£
Allotted, called-up and fully-paid
100 Ordinary shares of £ 1.00 each 100