Ynys Mon Gymnastics Club Ltd - Accounts to registrar (filleted)

REGISTERED NUMBER: 08881866 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 FEBRUARY 2026

FOR

YNYS MON GYMNASTICS CLUB LTD

A COMPANY LIMITED BY GUARANTEE

Page

Company information

1

Balance sheet

2

Notes to the financial statements

4

Chartered certified accountants' report

7

DIRECTORS:

K A McHardy

C A Rowley

D F Russell

M Eluned

REGISTERED OFFICE:

Unit 24

Cyttir Road

Holyhead

Anglesey

LL65 2PU

REGISTERED NUMBER:

08881866 (England and Wales)

ACCOUNTANTS:

Fraser Wood Limited

Chartered Certified Accountants

2 Llys Onnen

Ffordd Y Llyn

Parc Menai

Bangor

Gwynedd

LL57 4DF

FIXED ASSETS

Tangible assets

4

56,775

64,978

CURRENT ASSETS

Stocks

350

Debtors

5

-

247

Cash at bank and in hand

9,975

3,567

10,325

4,164

CREDITORS

Amounts falling due within one year

6

(42,811

)

(55,845

)

NET CURRENT LIABILITIES

(32,486

)

(51,681

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

24,289

13,297

PROVISIONS FOR LIABILITIES

7

(10,787

)

(12,346

)

NET ASSETS

13,502

951

RESERVES

Income and expenditure account

13,502

951

13,502

951

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2026 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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

In accordance with Section 444 of the Companies Act 2006, the Income statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 29 May 2026 and were signed on its behalf by:

D F Russell - Director

1.	STATUTORY INFORMATION

Ynys Mon Gymnastics Club Ltd is a private company, limited by guarantee , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Income represents amounts received from donations, fundraising and memberships.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Land and buildings

-

over the primary lease term

Plant and machinery etc

-

15% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 14 (2025 - 14 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

COST

At 1 March 2025

5,241

114,387

119,628

Additions

-

4,401

At 28 February 2026

5,241

118,788

124,029

DEPRECIATION

At 1 March 2025

5,241

49,409

54,650

Charge for year

-

12,604

At 28 February 2026

5,241

62,013

67,254

NET BOOK VALUE

At 28 February 2026

-

56,775

At 28 February 2025

-

64,978

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

28.2.26

28.2.25

£

Other debtors

-

247

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

28.2.26

28.2.25

£

Taxation and social security

1,829

89

Other creditors

40,982

55,756

42,811

55,845

7.	PROVISIONS FOR LIABILITIES

28.2.26

28.2.25

£

Deferred tax

Accelerated capital allowances

10,787

12,346

Deferred

tax

£

Balance at 1 March 2025

12,346

Credit to Income statement during year

(1,559

)

Balance at 28 February 2026

10,787

8.	SHARE CAPITAL

The company is limited by guarantee and does not have a share capital.

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance sheet. Readers are cautioned that the Income statement and certain other primary statements and the Directors' report are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006 we have prepared for your approval the accounts of Ynys Mon Gymnastics Club Ltd for the year ended 28 February 2026 from the Company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://rulebook.accaglobal.com.

Our work has been undertaken in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163.

Fraser Wood Limited

Chartered Certified Accountants

2 Llys Onnen

Ffordd Y Llyn

Parc Menai

Bangor

Gwynedd

LL57 4DF

29 May 2026