5566 Gym LLP

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—4

Registered number: OC367538

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		1,003		157

			1,003		157
CURRENT ASSETS
Debtors	5	21,258		100,787
Cash at bank and in hand		2,452		11,138

		23,710		111,925
Creditors: Amounts Falling Due Within One Year	6	(20,556 )		(17,280 )

NET CURRENT ASSETS (LIABILITIES)			3,154		94,645

TOTAL ASSETS LESS CURRENT LIABILITIES			4,157		94,802

Creditors: Amounts Falling Due After More Than One Year	7		(4,157 )		(13,840 )

NET ASSETS ATTRIBUTABLE TO MEMBERS			-		80,962

REPRESENTED BY:
Equity
Members' other interests
Other reserves		-		80,962

			-		80,962

TOTAL MEMBERS' INTEREST
Amounts due from members			(21,258)		(100,787)
Members' other interests			-		80,962

			(21,258)		(19,825)

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Page 2

5566 Gym LLP

Balance Sheet (continued)

As At 5 April 2025

For the year ending 5 April 2025 the LLP was entitled to exemption from audit under section 477 of the Companies Act 2006 (as applied by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 applicable to LLPs subject to the small LLPs regime.)

The members acknowledge their responsibilities for complying with the requirements of the Act (as applied to LLPs) with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to LLPs subject to the small LLPs regime.

The LLP has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the LLP's Profit and Loss Account.

On behalf of the members

Mr Brian Leckie

Designated Member

23rd September 2025

The notes on pages 3 to 4 form part of these financial statements.

1. General Information

5566 Gym LLP is a limited liability partnership, incorporated in England & Wales, registered number OC367538 . The Registered Office is Unit 3.2 - 3.3 Wilford Business Park, Ruddington Lane, Nottingham, NG11 7EP.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements are prepared under the historical cost convention and in accordance with applicable United Kingdom accounting standards, including Financial Reporting Standard 102 for small limited liability partnerships regime - The Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102), The Statement of Recommended Practice 'Accounting by Limited Liability Partnerships' issued in December 2021 (SORP) and the Companies Act 2006 (as applied to LLPs).

The financial statements are prepared in sterling which is the functional currency of the LLP.

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.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

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:

Computer Equipment

25% Straight Line

3. Average Number of Employees

Average number of employees, including members with contracts of employment, during the year was: 4 (2024: 5)

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5566 Gym LLP

Notes to the Financial Statements (continued)

For The Year Ended 5 April 2025

4. Tangible Assets

	Computer Equipment
	£
Cost
As at 6 April 2024	3,496
Additions	1,499

As at 5 April 2025	4,995

Depreciation
As at 6 April 2024	3,339
Provided during the period	653

As at 5 April 2025	3,992

Net Book Value
As at 5 April 2025	1,003

As at 6 April 2024	157

5. Debtors

	2025	2024
	£	£
Due within one year
Amounts due from members	21,258	100,787

6. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	7,356	4,585
Bank loans and overdrafts	9,683	9,683
Other taxes and social security	517	12
Accruals and deferred income	3,000	3,000

	20,556	17,280

7. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Bank loans	4,157	13,840

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