| Newbury Gymnastics Academy Limited |
| Registered number: |
11506458 |
| Balance Sheet |
| as at 31 August 2025 |
|
| Notes |
|
|
2025 |
|
|
2024 |
| £ |
£ |
| Current assets |
| Cash at bank and in hand |
|
|
59,137 |
|
|
8,333 |
|
| Creditors: amounts falling due within one year |
3 |
|
(1,100) |
|
|
(850) |
|
| Net current assets |
|
|
|
58,037 |
|
|
7,483 |
|
| Net assets |
|
|
|
58,037 |
|
|
7,483 |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Profit and loss account |
|
|
|
58,037 |
|
|
7,483 |
|
| Shareholders' funds |
|
|
|
58,037 |
|
|
7,483 |
|
|
|
|
|
|
|
|
| The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| The members have not required the company to obtain an audit in accordance with section 476 of the Act. |
| The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
| The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies. |
|
|
|
|
| F A Horne |
| Director |
| Approved by the board on 5 June 2026 |
|
| Newbury Gymnastics Academy Limited |
| Notes to the Accounts |
| for the year ended 31 August 2025 |
|
|
| 1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard). |
|
|
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 from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. |
|
|
Debtors |
|
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. |
|
|
Creditors |
|
Short term creditors are measured at transaction price (which is usually the invoice price). |
|
|
Taxation |
|
The Company is limited by guarantee and there will never be any distribution of dividends. All excess funds are held towards the continued training and coaching of gymnastic athletes. |
|
|
| 2 |
Employees |
2025 |
|
2024 |
| Number |
Number |
|
|
Average number of persons employed by the company |
2 |
|
2 |
|
|
|
|
|
|
|
|
|
|
| 3 |
Creditors: amounts falling due within one year |
2025 |
|
2024 |
| £ |
£ |
|
|
Trade creditors |
1,100 |
|
850 |
|
|
|
|
|
|
|
|
|
|
| 4 |
Other information |
|
|
Newbury Gymnastics Academy Limited is a private company limited by guarantee and incorporated in England. Its registered office is: |
|
Unit D Hambridge Ind Estate |
|
Bone Lane |
|
Newbury |
|
Berkshire |
|
RG14 5SH |