Acorah Software Products - Accounts Production 16.5.460 false true 31 December 2023 1 January 2023 false 16 October 2025 1 January 2024 31 December 2024 31 December 2024 10675564 Dr K J Guo iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10675564 2023-12-31 10675564 2024-12-31 10675564 2024-01-01 2024-12-31 10675564 frs-core:CurrentFinancialInstruments 2024-12-31 10675564 frs-core:Non-currentFinancialInstruments 2024-12-31 10675564 frs-core:FurnitureFittings 2024-01-01 2024-12-31 10675564 frs-core:PlantMachinery 2024-12-31 10675564 frs-core:PlantMachinery 2024-01-01 2024-12-31 10675564 frs-core:PlantMachinery 2023-12-31 10675564 frs-core:ShareCapital 2024-12-31 10675564 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 10675564 frs-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 10675564 frs-bus:FilletedAccounts 2024-01-01 2024-12-31 10675564 frs-bus:SmallEntities 2024-01-01 2024-12-31 10675564 frs-bus:Audited 2024-01-01 2024-12-31 10675564 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 10675564 frs-bus:OrdinaryShareClass1 2024-01-01 2024-12-31 10675564 frs-bus:OrdinaryShareClass1 2024-12-31 10675564 frs-bus:Director1 2024-01-01 2024-12-31 10675564 frs-countries:EnglandWales 2024-01-01 2024-12-31 10675564 2022-12-31 10675564 2023-12-31 10675564 2023-01-01 2023-12-31 10675564 frs-core:CurrentFinancialInstruments 2023-12-31 10675564 frs-core:Non-currentFinancialInstruments 2023-12-31 10675564 frs-core:ShareCapital 2023-12-31 10675564 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 10675564 frs-bus:OrdinaryShareClass1 2023-01-01 2023-12-31
Registered number: 10675564
Beacon Sport & Fitness Limited
Financial Statements
For The Year Ended 31 December 2024
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—4
Page 1
Balance Sheet
Registered number: 10675564
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 298,657 293,176
298,657 293,176
CURRENT ASSETS
Debtors 5 328,466 206,306
Cash at bank and in hand 45,189 12,794
373,655 219,100
Creditors: Amounts Falling Due Within One Year 6 (45,664 ) (46,655 )
NET CURRENT ASSETS (LIABILITIES) 327,991 172,445
TOTAL ASSETS LESS CURRENT LIABILITIES 626,648 465,621
Creditors: Amounts Falling Due After More Than One Year 7 (14,778 ) (24,898 )
NET ASSETS 611,870 440,723
CAPITAL AND RESERVES
Called up share capital 8 266,592 266,592
Profit and Loss Account 345,278 174,131
SHAREHOLDERS' FUNDS 611,870 440,723
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Dr K J Guo
Director
16 October 2025
The notes on pages 2 to 4 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
Beacon Sport & Fitness Limited is a private company, limited by shares, incorporated in England & Wales, registered number 10675564 . The registered office is Beacon Sport And Fitness, Weston Road, Stafford, ST18 0BF.
2. Accounting Policies
2.1. Basis of Preparation of 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.
The financial statements are presented in sterling which is the functional currency of the company and rounded to the nearest £.
The significant accounting policies applied in the preparation of these financial statements are set out below.  These policies have been consistently applied to all years presented unless otherwise stated.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Memberships
Income from memberships is allocated to the period which the membership covers. All income relating to future periods is deferred and included in deferred income within creditors.
Sale of goods
Turnover from the sale of gym related products is recognised when significant risks and rewards of ownership of the goods have transferred to the buyer, the amount of turnover can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transaction can be measured reliably. This is usually on dispatch of the goods.
Rental income
Rental income from operating leases, net of any incentives given to the lessees, is recognised on a straight line basis over the lease term.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Fixtures & Fittings 5 - 10 years on cost
2.4. Taxation
Taxation for the year comprises current and deferred tax.  Tax is recognised in the Profit and Loss Account, 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.
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Page 3
2.5. Pensions
The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.
2.6. Debtors and creditors receivable / payable within one year
Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.
2.7. Loans and borrowings
Loans and borrowings are initially recognised at the transaction price including transaction costs. Subsequently, they are measured at amortised cost using the effective interest rate method, less impairment. If an arrangement constitutes a finance transaction it is measured at present value.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 11 (2023: 9)
11 9
4. Tangible Assets
Plant & Machinery etc.
£
Cost
As at 1 January 2024 350,524
Additions 44,262
As at 31 December 2024 394,786
Depreciation
As at 1 January 2024 57,348
Provided during the period 38,781
As at 31 December 2024 96,129
Net Book Value
As at 31 December 2024 298,657
As at 1 January 2024 293,176
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 100 (1 )
Prepayments and accrued income 19,869 6,938
Other debtors 82 -
Amounts owed by group undertakings 308,415 199,369
328,466 206,306
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Page 4
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 8,669 6,417
Bank loans and overdrafts 10,120 9,966
Other taxes and social security 582 4,328
VAT 21,043 18,393
Other creditors 228 325
Accruals and deferred income 5,022 7,226
45,664 46,655
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 14,778 24,898
8. Share Capital
2024 2023
Allotted, called up and fully paid £ £
266,592 Ordinary Shares of £ 1.00 each 266,592 266,592
9. Audit Information
The auditor's report on the accounts of Beacon Sport & Fitness Limited for the year ended 31 December 2024 was unqualified.
The auditor's report was signed by Jeremy Hodgkiss (Senior Statutory Auditor) for and on behalf of Deans , Statutory Auditor.
Deans
Gibson House
Hurricane Court
Hurricane Close
Stafford
ST16 1GZ
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