REGISTERED NUMBER: 13851027 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 January 2025

for

Point Acrobatics Gymnastics Club Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mr M S Scott

REGISTERED OFFICE:

35 William Brereton Way

Nantwich

Cheshire

CW5 6YZ

REGISTERED NUMBER:

13851027 (England and Wales)

ACCOUNTANTS:

The Accounts Centre

Milton Green Farm

Whitchurch Road

Milton Green

Chester

Cheshire

CH3 9DS

FIXED ASSETS

Tangible assets

5

47,405

11,547

CURRENT ASSETS

Debtors

6

224

252

Cash at bank

2,231

3,131

2,455

3,383

CREDITORS

Amounts falling due within one year

7

65,085

8,484

NET CURRENT LIABILITIES

(62,630

)

(5,101

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(15,225

)

6,446

CREDITORS

Amounts falling due after more than one year

8

7,944

-

NET (LIABILITIES)/ASSETS

(23,169

)

6,446

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

(23,170

)

6,445

(23,169

)

6,446

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2025 in accordance with Section 476 of the Companies Act 2006.

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

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 2 September 2025 and were signed by:

Mr M S Scott - Director

1.	STATUTORY INFORMATION

Point Acrobatics Gymnastics Club Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	STATEMENT OF COMPLIANCE

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

20% on cost

Fixtures and fittings

-

20% on cost

Government grants

Government grants are recognized when there is reasonable assurance that the conditions attached will be complied with and the grant received. Grants relating to tangible fixed assets are treated as deferred income and released to profit and loss over the expected useful life of the related asset being 5 years. At the balance sheet date, deferred income in respect of government grants amounted to £23,393.25.

Taxation

Taxation for the year 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 balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2024 - NIL).

5.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

machinery

fittings

Totals

£

£

£

COST

At 1 February 2024

1,732

12,581

14,313

Additions

10,809

31,988

42,797

At 31 January 2025

12,541

44,569

57,110

DEPRECIATION

At 1 February 2024

252

2,514

2,766

Charge for year

1,225

5,714

6,939

At 31 January 2025

1,477

8,228

9,705

NET BOOK VALUE

At 31 January 2025

11,064

36,341

47,405

At 31 January 2024

1,480

10,067

11,547

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.25

31.1.24

£

£

Other debtors

224

252

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.25

31.1.24

£

£

Bank loans and overdrafts

5,400

-

Trade creditors

1,710

-

Taxation and social security

6,203

-

Other creditors

51,772

8,484

65,085

8,484

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.1.25

31.1.24

£

£

Other creditors

7,944

-