Company Registration No. SC507996 (Scotland)
Bravehearts Boxing Gym Ltd
Unaudited accounts
for the year ended 30 June 2025
Bravehearts Boxing Gym Ltd
Unaudited accounts
Contents
Bravehearts Boxing Gym Ltd
Company Information
for the year ended 30 June 2025
Directors
Steven McMillan
Steven McMillan
Company Number
SC507996 (Scotland)
Registered Office
233A LOW WATERS ROAD
HAMILTON
SOUTH LANARKSHIRE
ML3 7QN
Accountants
Paterson Tax Services Ltd
25 High Parks Crescent
Hamilton
South Lanarkshire
ML3 7SB
Bravehearts Boxing Gym Ltd
Statement of financial position
as at 30 June 2025
Tangible assets
88,949
76,058
Cash at bank and in hand
5,263
1,670
Creditors: amounts falling due within one year
(29,172)
(17,287)
Net current liabilities
(23,909)
(15,617)
Total assets less current liabilities
65,040
60,441
Creditors: amounts falling due after more than one year
(33,146)
(32,325)
Called up share capital
100
100
Profit and loss account
31,794
28,016
Shareholders' funds
31,894
28,116
For the year ending 30 June 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 17 May 2026 and were signed on its behalf by
Steven McMillan
Director
Company Registration No. SC507996
Bravehearts Boxing Gym Ltd
Notes to the Accounts
for the year ended 30 June 2025
Bravehearts Boxing Gym Ltd is a private company, limited by shares, registered in Scotland, registration number SC507996. The registered office is 233A LOW WATERS ROAD, HAMILTON, SOUTH LANARKSHIRE, ML3 7QN.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
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:
4
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 July 2024
85,000
22,327
9,500
7,494
124,321
Additions
-
-
26,400
-
26,400
At 30 June 2025
85,000
22,327
35,900
7,494
150,721
At 1 July 2024
13,771
17,498
9,500
7,494
48,263
Charge for the year
3,400
4,829
5,280
-
13,509
At 30 June 2025
17,171
22,327
14,780
7,494
61,772
At 30 June 2025
67,829
-
21,120
-
88,949
At 30 June 2024
71,229
4,829
-
-
76,058
Bravehearts Boxing Gym Ltd
Notes to the Accounts
for the year ended 30 June 2025
5
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
5,122
8,994
Obligations under finance leases and hire purchase contracts
15,050
-
Taxes and social security
8,169
7,462
6
Creditors: amounts falling due after more than one year
2025
2024
7
Average number of employees
During the year the average number of employees was 1 (2024: 1).