Company Registration No. 14587087 (England and Wales)
Prana Leisure Group Ltd
Unaudited accounts
for the year ended 31 January 2025
Prana Leisure Group Ltd
Unaudited accounts
Contents
Prana Leisure Group Ltd
Company Information
for the year ended 31 January 2025
Directors
Mrs Sarah Louise Carmichael
Mr Robert Kingsley
Company Number
14587087 (England and Wales)
Registered Office
76 Shielfield Terrace
Tweedmouth
Berwick-Upon-Tweed
TD15 2EE
United Kingdom
Accountants
Cone Accounting Limited
124 City Road
London
EC1V 2NX
Prana Leisure Group Ltd
Statement of financial position
as at 31 January 2025
Tangible assets
55,379
70,810
Cash at bank and in hand
8,827
38,772
Creditors: amounts falling due within one year
(97,098)
(201,058)
Net current (liabilities)/assets
(84,802)
362,773
Total assets less current liabilities
(29,423)
433,583
Creditors: amounts falling due after more than one year
(11,868)
(20,762)
Net (liabilities)/assets
(41,291)
412,821
Called up share capital
2
2
Profit and loss account
(41,293)
412,819
Shareholders' funds
(41,291)
412,821
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 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 24 September 2025 and were signed on its behalf by
Mr Robert Kingsley
Director
Company Registration No. 14587087
Prana Leisure Group Ltd
Notes to the Accounts
for the year ended 31 January 2025
Prana Leisure Group Ltd is a private company, limited by shares, registered in England and Wales, registration number 14587087. The registered office is 76 Shielfield Terrace, Tweedmouth, Berwick-Upon-Tweed, TD15 2EE, United Kingdom.
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.
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:
Motor vehicles
Straight line method - 20%
Computer equipment
Straight line method - 33.33%
4
Tangible fixed assets
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 February 2024
78,890
2,550
81,440
At 31 January 2025
78,890
3,940
82,830
At 1 February 2024
10,063
567
10,630
Charge for the year
15,778
1,043
16,821
At 31 January 2025
25,841
1,610
27,451
At 31 January 2025
53,049
2,330
55,379
At 31 January 2024
68,827
1,983
70,810
Prana Leisure Group Ltd
Notes to the Accounts
for the year ended 31 January 2025
Amounts falling due within one year
Accrued income and prepayments
3,469
347
6
Creditors: amounts falling due within one year
2025
2024
Obligations under finance leases and hire purchase contracts
8,894
8,894
Taxes and social security
8,633
110,555
Loans from directors
62,050
10,517
7
Creditors: amounts falling due after more than one year
2025
2024
Obligations under finance leases and hire purchase contracts
11,868
20,762
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2
2
9
Average number of employees
During the year the average number of employees was 2 (2024: 2).