Company registration number 11739951 (England and Wales)
MCSPORT UK GYM INSTALLATIONS LIMITED
FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 JUNE 2025
PAGES FOR FILING WITH REGISTRAR
MCSPORT UK GYM INSTALLATIONS LIMITED
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 5
MCSPORT UK GYM INSTALLATIONS LIMITED
BALANCE SHEET
AS AT 30 JUNE 2025
30 June 2025
- 1 -
2025
2024
Notes
£
£
£
£
Current assets
Cash at bank and in hand
1,422
1,422
Creditors: amounts falling due within one year
3
(104,691)
(104,691)
Net current liabilities
(103,269)
(103,269)
Capital and reserves
Called up share capital
4
100
100
Profit and loss reserves
5
(103,369)
(103,369)
Total equity
(103,269)
(103,269)

The director of the company has elected not to include a copy of the profit and loss account within the financial statements.true

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved and signed by the director and authorised for issue on 13 March 2026
Mr. Philip McLaughlin
Director
Company registration number 11739951 (England and Wales)
MCSPORT UK GYM INSTALLATIONS LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 JUNE 2025
- 2 -
1
Accounting policies
Company information

McSport UK Gym Installations Limited is a private company limited by shares incorporated in England and Wales. The registered office is Quadrant House Floor 6, 4 Thomas More Square, London, United Kingdom, E1W 1YW.

1.1
Reporting period

These financial statements cover the period from 1 June 202 4 up to 30 June 202 5. The prior period financial statements cover the period from the 1 June 2023 to 31 May 2024.

1.2
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies' regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary a mounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain financial instruments at fair value. The principal accounting policies adopted are set out below.

1.3
Going concern

For the true period ended 30 June 202 5, the company continued to be a dormant company and did not generate a profit or a loss (202 4: £Nil) and reported net liabilities of £103,269 (202 4: £103,269). Despite the company not trading and reporting net liabilities, t he financial statements have been prepared on the going concern basis as the director h as reasonable expectation that the company will continue in operational existence for the foreseeable future as the company has support of other companies within the group.

The director h as considered the company's management information of the group to date and from review of this information, they ha s concluded that there are sufficient resources available to meet the company's liabilities as they fall due for a period of at least 12 months from the date of signing of these financial statements.

Overall, the director s ha s assessed the above situation and concluded that it is appropriate to prepare the financial statements on the going concern basis.

1.4
Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

1.5
Financial instruments

The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

MCSPORT UK GYM INSTALLATIONS LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE PERIOD ENDED 30 JUNE 2025
1
Accounting policies
(Continued)
- 3 -
Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Classification of financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Basic financial liabilities

Basic financial liabilities, including creditors, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future paymen ts discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. A m ounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

1.6
Equity instruments

Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

1.7
Employee benefits

The costs of short-term employee benefits are recognised as a liability and an expense, unless those costs are required to be recognised as part of the cost of stock or fixed assets.

The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

Termination benefits are recognised immediately as an expense when the company is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

1.8
Foreign exchange

Transactions in currencies other than pounds sterling are recorded at the rates of exchange prevailing at the dates of the transactions. At each reporting end date, monetary assets and liabilities that are denominated in foreign currencies are retranslated at the rates prevailing on the reporting end date. Gains and losses arising on translation in the period are included in profit or loss.

MCSPORT UK GYM INSTALLATIONS LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE PERIOD ENDED 30 JUNE 2025
- 4 -
2
Employees

There were no employees during the year apart from the director.

2025
2024
Number
Number
Total
0
0
3
Creditors: amounts falling due within one year
2025
2024
£
£
Amounts owed to group undertakings
103,691
103,691
Other creditors
1,000
1,000
104,691
104,691
4
Called up share capital
2025
2024
2025
2024
Ordinary share capital
Number
Number
£
£
Issued and fully paid
Ordinary shares of £1 each
100
100
100
100
5
Profit and loss reserves
2025
2024
£
£
At the beginning and end of the period
(103,369)
(103,369)
6
Audit report information

As the income statement has been omitted from the filing copy of the financial statements, the following information in relation to the audit report on the statutory financial statements is provided in accordance with s444(5B) of the Companies Act 2006:

The auditor's report was unqualified.

Senior Statutory Auditor:
Thomas McDonagh
Statutory Auditor:
UHY Farrelly Dawe White Limited
Date of audit report:
13 March 2026
MCSPORT UK GYM INSTALLATIONS LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE PERIOD ENDED 30 JUNE 2025
- 5 -
7
Related party transactions

The company has availed of the exemption under FRS102 in relation to the disclosure of transactions with wholly owned group companies. Amounts due to related parties are unsecured, interest free and repayable on demand.

No one outside the board off directors is considered to be Key Management personnel.

8
Parent company

The company considers Philip McLaughlin to be the ultimate controlling party. McLaughlin Fitness Limited, a company registered in Ireland, was considered to be the ultimate parent company at 30 June 2025.

2025-06-30 2024-06-01 false false false 13 March 2026 CCH Software CCH Accounts Production 2025.200 No description of principal activity Mr. Philip McLaughlin 11739951 2024-06-01 2025-06-30 11739951 2025-06-30 11739951 2024-05-31 11739951 core:CurrentFinancialInstruments core:WithinOneYear 2025-06-30 11739951 core:CurrentFinancialInstruments core:WithinOneYear 2024-05-31 11739951 core:CurrentFinancialInstruments 2025-06-30 11739951 core:CurrentFinancialInstruments 2024-05-31 11739951 core:ShareCapital 2025-06-30 11739951 core:ShareCapital 2024-05-31 11739951 core:RetainedEarningsAccumulatedLosses 2025-06-30 11739951 core:RetainedEarningsAccumulatedLosses 2024-05-31 11739951 core:ShareCapitalOrdinaryShareClass1 2025-06-30 11739951 core:ShareCapitalOrdinaryShareClass1 2024-05-31 11739951 bus:Director1 2024-06-01 2025-06-30 11739951 2023-06-01 2024-05-31 11739951 bus:OrdinaryShareClass1 2024-06-01 2025-06-30 11739951 bus:OrdinaryShareClass1 2025-06-30 11739951 bus:OrdinaryShareClass1 2024-05-31 11739951 bus:PrivateLimitedCompanyLtd 2024-06-01 2025-06-30 11739951 bus:SmallCompaniesRegimeForAccounts 2024-06-01 2025-06-30 11739951 bus:FRS102 2024-06-01 2025-06-30 11739951 bus:Audited 2024-06-01 2025-06-30 11739951 bus:FullAccounts 2024-06-01 2025-06-30 xbrli:pure xbrli:shares iso4217:GBP