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Registered number: 03323292
The Body Control Pilates Association
Financial Statements
For The Year Ended 31 March 2025
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 03323292
2025 2024
Notes £ £ £ £
CURRENT ASSETS
Debtors 4 261,180 184,805
Cash at bank and in hand 11,806 13,434
272,986 198,239
Creditors: Amounts Falling Due Within One Year 5 (249,663 ) (184,325 )
NET CURRENT ASSETS (LIABILITIES) 23,323 13,914
TOTAL ASSETS LESS CURRENT LIABILITIES 23,323 13,914
NET ASSETS 23,323 13,914
Income and Expenditure Account 23,323 13,914
MEMBERS' FUNDS 23,323 13,914
For the year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges her 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.
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 Income and Expenditure Account.
On behalf of the board
L Robinson
Director
19th December 2025
The notes on pages 2 to 3 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
The Body Control Pilates Association is a private company, limited by guarantee, incorporated in England & Wales, registered number 03323292 . The registered office is 2 Station Road West, Oxted, Surrey, RH8 9EP.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
A going concern basis has been used, notwithstanding the deficiency of net liabilities, on the basis that the directors and shareholders have undertaken to continue to provide such financial support as may be required for the continuation of the Company's business for at least twelve months from the date of approval of these accounts. The directors have considered the financial position of the company and have concluded that the company is able to meet its liabilities as they fall due for the period of at least twelve months from the date of approval of these accounts.
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.
The core business of the company are membership and the provision of an educational conference for those members. Turnover fell in the year due to the ongoing impact of the pandemic, making it impossible to run the conference.This will now take place in September 2022. Membership numbers remain strong.
2.3. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable surplus for the year. Taxable surplus differs from surplus as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable surplus. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable surplus will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable surplus will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current and deferred tax are recognised in surplus or deficit for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
2.4. Pensions
The company operates a defined pension contribution scheme. Contributions are charged to the Income and Expenditure Account as they become payable in accordance with the rules of the scheme.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 6 (2024: 5)
6 5
Page 2
Page 3
4. Debtors
2025 2024
£ £
Due within one year
Trade debtors 3,335 2,030
Amounts owed by group undertakings 257,595 182,775
Other debtors 250 -
261,180 184,805
5. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 17,871 6,975
Bank loans and overdrafts 9,465 14,814
Amounts owed to participating interests 139,571 90,810
Other creditors 50,108 49,144
Taxation and social security 32,648 22,582
249,663 184,325
6. Company limited by guarantee
The company is limited by guarantee and has no share capital.
Every member of the company undertakes to contribute to the assets of the company, in the event of a winding up, such an amount as may be required not exceeding £1.
Page 3