| REGISTERED NUMBER: |
| EC1 Leisure Limited |
| Unaudited Financial Statements |
| for the Period 13 October 2023 to 31 December 2024 |
| REGISTERED NUMBER: |
| EC1 Leisure Limited |
| Unaudited Financial Statements |
| for the Period 13 October 2023 to 31 December 2024 |
| EC1 Leisure Limited (Registered number: 15210857) |
| Contents of the Financial Statements |
| for the Period 13 October 2023 to 31 December 2024 |
| Page |
| Company Information | 1 |
| Statement of Financial Position | 2 |
| Notes to the Financial Statements | 3 |
| EC1 Leisure Limited |
| Company Information |
| for the Period 13 October 2023 to 31 December 2024 |
| DIRECTOR: |
| SECRETARY: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Chartered Accountants |
| 5 London Road |
| Rainham |
| Gillingham |
| Kent |
| ME8 7RG |
| EC1 Leisure Limited (Registered number: 15210857) |
| Statement of Financial Position |
| 31 December 2024 |
| Notes | £ | £ |
| FIXED ASSETS |
| Intangible assets | 4 |
| CURRENT ASSETS |
| Debtors | 5 |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | 6 |
| NET CURRENT LIABILITIES | ( |
) |
| TOTAL ASSETS LESS CURRENT LIABILITIES | ( |
) |
| CAPITAL AND RESERVES |
| Called up share capital |
| Retained earnings | ( |
) |
| ( |
) |
| The director acknowledges his responsibilities for: |
| (a) | ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and |
| (b) | preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company. |
| The financial statements were approved by the director and authorised for issue on |
| EC1 Leisure Limited (Registered number: 15210857) |
| Notes to the Financial Statements |
| for the Period 13 October 2023 to 31 December 2024 |
| 1. | STATUTORY INFORMATION |
| EC1 Leisure Limited is a |
| The presentation currency of the financial statements is the Pound Sterling (£). |
| 2. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| At the year end the company had net liabilities of £10,052, included within other creditors is an amount of £130,999 owed to the director. The company is dependent on the financial support of its director, who has continued to provide this support since the year end. The director has confirmed that he will not withdraw the sums due to himself until there are sufficient funds to do so. |
| On this basis, the director considers it appropriate to prepare the financial statements on the going concern basis. |
| Intangible assets |
| Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses. |
| Franchise costs are being amortised evenly over their estimated useful life of fifteen years. |
| Financial instruments |
| The Company enters into basic financial instruments that result in the recognition of financial assets and liabilities like trade and other accounts receivable and payable, loans from banks and other third parties and loans to related parties. |
| Basic financial instruments are recognised at amortised cost, with changes recognised in the income statement. |
| Taxation |
| Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. |
| Current or deferred taxation assets and liabilities are not discounted. |
| Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date. |
| 3. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the period was NIL. |
| EC1 Leisure Limited (Registered number: 15210857) |
| Notes to the Financial Statements - continued |
| for the Period 13 October 2023 to 31 December 2024 |
| 4. | INTANGIBLE FIXED ASSETS |
| Other |
| intangible |
| assets |
| £ |
| COST |
| Additions |
| At 31 December 2024 |
| NET BOOK VALUE |
| At 31 December 2024 |
| 5. | DEBTORS |
| £ |
| Amounts falling due within one year: |
| Other debtors |
| Amounts falling due after more than one year: |
| Amounts owed by group undertakings |
| Aggregate amounts |
| 6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| £ |
| Trade creditors |
| Other creditors |
| 7. | ULTIMATE CONTROLLING PARTY |
| EC1 Leisure ltd is a wholly owned subsidiary of UFC Gym Old Street Limited, a company incorporated in England and |
| Wales whose registered office address is 152 Robin Hood Lane, Chatham, England, ME5 9LB. |