1 January 2025 false Taxfiler 2024.6 true 10525634business:PrivateLimitedCompanyLtd2025-01-012025-12-31 105256342024-12-31 105256342025-01-012025-12-31 10525634business:AuditExemptWithAccountantsReport2025-01-012025-12-31 10525634business:FilletedAccounts2025-01-012025-12-31 105256342025-12-31 10525634business:Director12025-01-012025-12-31 10525634business:Director22025-01-012025-12-31 10525634business:RegisteredOffice2025-01-012025-12-31 105256342024-12-31 10525634core:WithinOneYear2025-12-31 10525634core:WithinOneYear2024-12-31 10525634core:AfterOneYear2025-12-31 10525634core:AfterOneYear2024-12-31 10525634core:ShareCapitalcore:PreviouslyStatedAmount2025-12-31 10525634core:ShareCapitalcore:PreviouslyStatedAmount2024-12-31 10525634core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2025-12-31 10525634core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-12-31 10525634core:PreviouslyStatedAmount2025-12-31 10525634core:PreviouslyStatedAmount2024-12-31 10525634business:SmallEntities2025-01-012025-12-31 10525634countries:EnglandWales2025-01-012025-12-31 10525634core:PlantMachinery2025-01-012025-12-31 10525634core:FurnitureFittings2025-01-012025-12-31 10525634core:ComputerEquipment2025-01-012025-12-31 10525634core:PlantMachinery2024-12-31 10525634core:FurnitureFittings2024-12-31 10525634core:ComputerEquipment2024-12-31 10525634core:PlantMachinery2025-12-31 10525634core:FurnitureFittings2025-12-31 10525634core:ComputerEquipment2025-12-31 10525634business:OrdinaryShareClass12025-01-012025-12-31 10525634business:OrdinaryShareClass12024-01-012024-12-31 10525634business:Director112025-01-012025-12-31 10525634business:Director112024-12-31 10525634business:Director112025-12-31 10525634business:Director222025-01-012025-12-31 10525634business:Director222024-12-31 10525634business:Director222025-12-31 105256342024-01-012024-12-31 iso4217:GBP xbrli:shares xbrli:pure
Company Registration No. 10525634 (England and Wales)
Soul Pilates Ltd Unaudited accounts for the year ended 31 December 2025
Soul Pilates Ltd Unaudited accounts Contents
Page
- 2 -
Soul Pilates Ltd Company Information for the year ended 31 December 2025
Directors
N K Conroy Matthew Lenny
Company Number
10525634 (England and Wales)
Registered Office
57 Queen Charlotte Street Bristol BS1 4HQ UK
Accountants
Tanya Stratton FMAAT 6 Malmesbury Close Redland Bristol BS6 7TR
- 3 -
Soul Pilates Ltd Statement of financial position as at 31 December 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
87,620 
86,590 
Current assets
Inventories
9,682 
7,270 
Debtors
57,017 
30,126 
Cash at bank and in hand
315,374 
130,437 
382,073 
167,833 
Creditors: amounts falling due within one year
(188,396)
(78,947)
Net current assets
193,677 
88,886 
Total assets less current liabilities
281,297 
175,476 
Creditors: amounts falling due after more than one year
(13,611)
(17,500)
Net assets
267,686 
157,976 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
267,586 
157,876 
Shareholders' funds
267,686 
157,976 
For the year ending 31 December 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 16 April 2026 and were signed on its behalf by
N K Conroy Director Company Registration No. 10525634
- 4 -
Soul Pilates Ltd Notes to the Accounts for the year ended 31 December 2025
1
Statutory information
Soul Pilates Ltd is a private company, limited by shares, registered in England and Wales, registration number 10525634. The registered office is 57 Queen Charlotte Street, Bristol, BS1 4HQ, UK.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract.
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:
Plant & machinery
25% reducing balance
Fixtures & fittings
25% reducing balance
Computer equipment
25% reducing balance
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell.
Government grants
Government grants in relation to tangible fixed assets are credited to profit and loss account over the useful lives of the related assets, whereas those in relation to expenditure are credited when the expenditure is charged to profit and loss.
Financial instruments
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
Going concern
The director believes that the company has sufficient reserves and the guarantee of the Bounce back loan backed by the Government to enable the company to carry on trading.
- 5 -
Soul Pilates Ltd Notes to the Accounts for the year ended 31 December 2025
4
Tangible fixed assets
Plant & machinery 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 January 2025
75,288 
38,724 
11,552 
125,564 
Additions
3,589 
14,773 
8,294 
26,656 
Disposals
- 
- 
(2,278)
(2,278)
At 31 December 2025
78,877 
53,497 
17,568 
149,942 
Depreciation
At 1 January 2025
26,354 
7,747 
4,873 
38,974 
Charge for the year
12,457 
10,008 
2,672 
25,137 
On disposals
- 
- 
(1,789)
(1,789)
At 31 December 2025
38,811 
17,755 
5,756 
62,322 
Net book value
At 31 December 2025
40,066 
35,742 
11,812 
87,620 
At 31 December 2024
48,934 
30,977 
6,679 
86,590 
5
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
Trade debtors
43,834 
20,977 
Accrued income and prepayments
12,009 
7,975 
Other debtors
1,174 
1,174 
57,017 
30,126 
6
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
Bank loans and overdrafts
3,889 
3,889 
VAT
45,464 
17,532 
Trade creditors
24,961 
22,629 
Taxes and social security
69,205 
32,090 
Other creditors
10,272 
707 
Loans from directors
171 
165 
Accruals
1,780 
1,935 
Deferred income
32,654 
- 
188,396 
78,947 
7
Creditors: amounts falling due after more than one year
2025 
2024 
£ 
£ 
Bank loans
13,611 
17,500 
- 6 -
Soul Pilates Ltd Notes to the Accounts for the year ended 31 December 2025
8
Share capital
2025 
2024 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
9
Pension commitments
The company operates a defined contribution scheme where pension contributions are paid to NEST. The balance due at the end of the year was £1,276 (2024 - £1,053).
10
Loans to directors
Brought Forward 
Advance/ credit 
Repaid 
Carried Forward 
£ 
£ 
£ 
£ 
N K Conroy
Director's loan
(165)
635 
635 
(165)
Matthew Lenny
Director's loan account
- 
19,345 
19,351 
(6)
(165)
19,980 
19,986 
(171)
11
Average number of employees
During the year the average number of employees was 4 (2024: 4).
- 7 -