Company registration number 15214195 (England and Wales)
SOUTHERNHAY PILATES CLINIC LTD
UNAUDITED FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 OCTOBER 2024
PAGES FOR FILING WITH REGISTRAR
SOUTHERNHAY PILATES CLINIC LTD
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 4
SOUTHERNHAY PILATES CLINIC LTD
BALANCE SHEET
AS AT 31 OCTOBER 2024
31 October 2024
- 1 -
2024
Notes
£
£
Fixed assets
Tangible assets
3
3,785
Current assets
Debtors
4
2,216
Cash at bank and in hand
940
3,156
Creditors: amounts falling due within one year
5
(13,352)
Net current liabilities
(10,196)
Net liabilities
(6,411)
Capital and reserves
Called up share capital
100
Profit and loss reserves
(6,511)
Total equity
(6,411)

For the financial period ended 31 October 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The member has not required the company to obtain an audit of its financial statements for the period in question in accordance with section 476.

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

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

The director of the company has elected not to include a copy of the profit and loss account within the financial statements.true

The financial statements were approved and signed by the director and authorised for issue on 14 August 2025
Mrs G H Vaines
Director
Company registration number 15214195 (England and Wales)
SOUTHERNHAY PILATES CLINIC LTD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 OCTOBER 2024
- 2 -
1
Accounting policies
Company information

Southernhay Pilates Clinic Ltd is a private company limited by shares incorporated in England and Wales. The registered office is 20 Wenlock Road, London, N1 7GU. The principal place of business is 1 Southernhay West, Exeter, Devon, EX1 1JG.

1.1
Reporting period

The financial statements are presented for a period longer than a year from the incorporation on 16 October 2023 to the accounting reference date of 31 October 2024.

1.2
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. 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 financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.3
Going concern

At the period end date, the company's balance sheet reflected a net liabilities position. The company is supported financially by the director, who has advanced a loan to the company, which is repayable only as cash flow permits. On the basis of that ongoing financial support, the director considers the company to be a going concern and has prepared the financial statements on that basis.

1.4
Turnover

Revenue comprises sales of services provided to customers. Revenue is recognised when performance obligations are satisfied and the services are provided to the buyer.

1.5
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost, net of depreciation.

Depreciation is recognised so as to write off the cost of assets less their residual values over their useful lives on the following bases:

Plant and equipment
15% per annum on net book value

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

1.6
Leases

Rentals payable under operating leases, including any lease incentives received, are charged to profit or loss on a straight line basis over the term of the relevant lease except where another more systematic basis is more representative of the time pattern in which economic benefits from the leases asset are consumed.

SOUTHERNHAY PILATES CLINIC LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE PERIOD ENDED 31 OCTOBER 2024
- 3 -
2
Employees

The average monthly number of persons (including directors) employed by the company during the period was:

2024
Number
Total
1
3
Tangible fixed assets
Plant and machinery etc
£
Cost
At 16 October 2023
-
0
Additions
4,500
At 31 October 2024
4,500
Depreciation and impairment
At 16 October 2023
-
0
Depreciation charged in the period
715
At 31 October 2024
715
Carrying amount
At 31 October 2024
3,785
4
Debtors
2024
Amounts falling due within one year:
£
Other debtors
2,216
5
Creditors: amounts falling due within one year
2024
£
Other creditors
13,352
SOUTHERNHAY PILATES CLINIC LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE PERIOD ENDED 31 OCTOBER 2024
- 4 -
6
Operating lease commitments
As lessee

At the reporting end date the company had outstanding commitments for future minimum lease payments under non-cancellable operating leases, as follows:

2024
£
Total commitments
2,700
2024-10-312023-10-16falsefalsefalse14 August 2025CCH SoftwareCCH Accounts Production 2025.200The incorporation date of the company was 16 October 2023 and it commenced trading on 16 October 2023. The principal activity of the company is that of Pilate classes.

Mrs G H Vaines
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