| Denbighshire Taekwondo Academy Ltd |
| Registered Number:14760754 |
For the year ended 31 March 2025
England and Wales
Unaudited Financial Statements
For the year ended 31 March 2025
Denbighshire Taekwondo Academy Ltd
Contents Page
1
Statement of Financial Position
2 to 5
Notes to the Financial Statements
Denbighshire Taekwondo Academy Ltd
Statement of Financial Position
2024
2025
9,840
11,070
2
| Property, plant and equipment |
7,513
9,582
3
17,353
20,652
16,908
| Cash and cash equivalents |
33,743
33,743
16,908
| Trade and other payables: amounts falling due within one |
| year |
(8,863)
(11,475)
4
8,045
22,268
Net current assets
| Total assets less current liabilities |
39,621
28,697
| Trade and other payables: amounts falling due after more |
| than one year |
(14,776)
(23,467)
5
(1,428)
(1,821)
| Provisions for liabilities |
14,726
Net assets
12,100
1
1
14,725
12,099
14,726
12,100
Shareholders' funds
| For the year ended 31 March 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 of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006 |
| The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section |
| 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. |
| In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
| The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. |
| Gareth Pritchard Director |
| These financial statements were approved and authorised for issue by the Board on 03 December 2025 and were signed by: |
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For the year ended 31 March 2025
Denbighshire Taekwondo Academy Ltd
Statement of Financial Position Continued
| The notes form part of these financial statements |
2 of 5
For the year ended 31 March 2025
Denbighshire Taekwondo Academy Ltd
Notes to the Financial Statements
Statutory Information
| Denbighshire Taekwondo Academy Ltd is a private limited company, limited by shares, domiciled in England and |
| Wales, registration number 14760754. |
Unit 2 Lighthouse Business Park
Bastion Road
Prestatyn
Denbighshire
LL19 7ND
| The presentation currency is £ sterling. |
Basis of preparing the financial statements
| These financial statements have been prepared in accordance with the provisions of Section 1A of Financial |
| Reporting Standard 102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the |
| Companies Act 2006. The financial statements have been prepared under the historical costs convention as |
| modified by the revaluation of certain assets. |
Revenue recognition
| Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax or other similar sales taxes. |
Goodwill
| Goodwill, being the amount paid in connection with the acquisition of a business in 2023, is being amortised evenly over its estimated useful life of 10 years. |
Property, plant and equipment
| Property, plant and equipment, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: |
Plant and Machinery
Furniture and Fittings
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For the year ended 31 March 2025
Denbighshire Taekwondo Academy Ltd
Notes to the Financial Statements Continued
| 2. Intangible fixed assets |
Goodwill
12,300
12,300
1,230
1,230
Charge for year
2,460
9,840
11,070
| 3. Property, plant and equipment |
11,617
11,617
-
317
-
317
317
11,617
11,934
| Provision for depreciation and impairment |
2,035
2,035
-
Charge for year
2,386
2,323
63
4,421
4,358
63
254
7,259
7,513
-
9,582
9,582
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For the year ended 31 March 2025
Denbighshire Taekwondo Academy Ltd
Notes to the Financial Statements Continued
| 4. Trade and other payables: amounts falling due within one year |
2024
2025
2,050
-
| Taxation and social security |
6,421
4,250
| Accruals and deferred income |
2,500
4,200
504
413
11,475
8,863
| 5. Trade and other payables: amounts falling due after more than one year |
2024
2025
14,776
23,467
| 6. Average number of persons employed |
During the year the average number of employees was 2 (2024 : 1)
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