Company Registration No. 11781464 (England and Wales)
PHYSICAL TRAINING UNIT LTD
Unaudited accounts
for the year ended 31 January 2025
PHYSICAL TRAINING UNIT LTD
Unaudited accounts
Contents
PHYSICAL TRAINING UNIT LTD
Company Information
for the year ended 31 January 2025
Company Number
11781464 (England and Wales)
Registered Office
71-75 Shelton Street
Covent Garden
London
WC2H 9JQ
ENGLAND
Accountants
Taxez
5 South Charlotte Street
Edinburgh
EH2 4AN
PHYSICAL TRAINING UNIT LTD
Statement of financial position
as at 31 January 2025
Cash at bank and in hand
18,404
18,814
Creditors: amounts falling due within one year
(1,593)
(1,651)
Net current assets
16,811
17,163
Called up share capital
100
100
Profit and loss account
16,711
17,063
Shareholders' funds
16,811
17,163
For the year ending 31 January 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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 and authorised for issue on 30 October 2025 and were signed on its behalf by
Peter Stiles
Director
Company Registration No. 11781464
PHYSICAL TRAINING UNIT LTD
Notes to the Accounts
for the year ended 31 January 2025
PHYSICAL TRAINING UNIT LTD is a private company, limited by shares, registered in England and Wales, registration number 11781464. The registered office is 71-75 Shelton Street, Covent Garden, London, WC2H 9JQ, ENGLAND.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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:
Plant & machinery
20% Straight Line
Motor vehicles
20% Straight Line
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 February 2024
5,810
12,900
18,710
At 31 January 2025
5,810
12,900
18,710
At 1 February 2024
5,810
12,900
18,710
At 31 January 2025
5,810
12,900
18,710
PHYSICAL TRAINING UNIT LTD
Notes to the Accounts
for the year ended 31 January 2025
5
Creditors: amounts falling due within one year
2025
2024
Taxes and social security
1,234
1,242
6
Average number of employees
During the year the average number of employees was 1 (2024: 1).