Falcon S.A. Gymnastics Club Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 05195514 (England and Wales)

Financial Statements

for the Year Ended 31st March 2025

for

FALCON S.A. GYMNASTICS CLUB LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

Mrs S M Birchall

REGISTERED OFFICE:

15 Grove Place

Bedford

MK40 3JJ

REGISTERED NUMBER:

05195514 (England and Wales)

ACCOUNTANTS:

John Wildman Chartered Accountants

15 Grove Place

Bedford

MK40 3JJ

BANKERS:

National Westminster Bank

81 High Street

Bedford

MK40 1YN

CURRENT ASSETS

Cash at bank

287,832

310,923

CREDITORS

Amounts falling due within one year

5

123,469

171,554

NET CURRENT ASSETS

164,363

139,369

TOTAL ASSETS LESS CURRENT
LIABILITIES

164,363

139,369

CAPITAL AND RESERVES

Called up share capital

126

Retained earnings

164,237

139,243

SHAREHOLDERS' FUNDS

164,363

139,369

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

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

The director acknowledges her 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 3rd September 2025 and were signed by:

Mrs S M Birchall - Director

1.	STATUTORY INFORMATION

Falcon S.A. Gymnastics Club Limited 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.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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

These financial statements are prepared on the going concern basis as it is the intention of the director to continue supporting the company for the foreseeable future.

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.

Sports equipment

-

25% on cost

Office fixtures & fittings

-

25% on cost

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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 53 (2024 - 42 ) .

4.	TANGIBLE FIXED ASSETS

Office

Sports

fixtures

equipment

& fittings

Totals

£

COST

At 1st April 2024

20,907

16,486

37,393

Disposals

(20,907

)

(16,486

)

(37,393

)

At 31st March 2025

-

DEPRECIATION

At 1st April 2024

20,907

16,486

37,393

Eliminated on disposal

(20,907

)

(16,486

)

(37,393

)

At 31st March 2025

-

NET BOOK VALUE

At 31st March 2025

-

At 31st March 2024

-

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

Corporation tax

19,016

32,230

PAYE & NI

1,770

3,320

VAT

12,544

19,162

Director's loan account

89,139

115,842

Accrued expenses

1,000

123,469

171,554