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Company Registration No. 01234882 (England and Wales)
Art Gym Limited Unaudited accounts for the year ended 31 December 2024
Art Gym Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Art Gym Limited Company Information for the year ended 31 December 2024
Directors
S J Webb R Webb
Secretary
M A Taylor
Company Number
01234882 (England and Wales)
Registered Office
Primary House Spring Gardens Macclesfield Cheshire SK10 2DX
Accountants
Taylor Consultancy, Chartered Certified Accountants Primary House Spring Gardens Macclesfield Cheshire SK10 2DX
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Art Gym Limited Statement of financial position as at 31 December 2024
2024
2023
Notes
£
£
Fixed assets
Tangible assets
4
117,500
117,500
Current assets
Debtors
5
730
730
Creditors: amounts falling due within one year
6
(284,096)
(284,096)
Net current liabilities
(283,366)
(283,366)
Total assets less current liabilities
(165,866)
(165,866)
Provisions for liabilities
Deferred tax
(20,006)
(20,006)
Net liabilities
(185,872)
(185,872)
Capital and reserves
Called up share capital
7
12,600
12,600
Share premium
1,200
1,200
Profit and loss account
(199,672)
(199,672)
Shareholders' funds
(185,872)
(185,872)
For the year ending 31 December 2024 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their 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 of Directors and authorised for issue on 16 September 2025 and were signed on its behalf by
S J Webb Director Company Registration No. 01234882
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Art Gym Limited Notes to the Accounts for the year ended 31 December 2024
1
Statutory information
Art Gym Limited is a private company, limited by shares, registered in England and Wales, registration number 01234882. The registered office is Primary House, Spring Gardens, Macclesfield, Cheshire, SK10 2DX.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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:
Land & buildings
Land is not depreciated
4
Tangible fixed assets
Land & buildings
£
Cost or valuation
At cost
At 1 January 2024
117,500
At 31 December 2024
117,500
Depreciation
At 31 December 2024
-
Net book value
At 31 December 2024
117,500
At 31 December 2023
117,500
2024
2023
£
£
Carrying amount of land and buildings on cost basis
12,004
12,004
5
Debtors
2024
2023
£
£
Amounts falling due within one year
Other debtors
730
730
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Art Gym Limited Notes to the Accounts for the year ended 31 December 2024
6
Creditors: amounts falling due within one year
2024
2023
£
£
Amounts owed to group undertakings and other participating interests
284,096
284,096
7
Share capital
2024
2023
£
£
Allotted, called up and fully paid:
12,600 Ordinary shares of £1 each
12,600
12,600
8
Transactions with related parties
Mr S J Webb is a director and shareholder in both Art Gym Limited and Simon Webb Limited. Simon Webb Limited made a loan to Art Gym Limited of £284,096 (2023 £284,096) which was still outstanding at the year end and is shown in the financial statements as a current liability The loan is repayable upon demand and subject to interest at a market rate
9
Average number of employees
During the year the average number of employees was 2 (2023: 2).
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