1 April 2025 false Taxfiler 2024.6 09640541 business:PrivateLimitedCompanyLtd 2025-04-01 2026-03-31 09640541 2025-03-31 09640541 2025-04-01 2026-03-31 09640541 business:AuditExemptWithAccountantsReport 2025-04-01 2026-03-31 09640541 business:FilletedAccounts 2025-04-01 2026-03-31 09640541 2026-03-31 09640541 business:Director1 2025-04-01 2026-03-31 09640541 business:Director2 2025-04-01 2026-03-31 09640541 business:RegisteredOffice 2025-04-01 2026-03-31 09640541 2025-03-31 09640541 core:WithinOneYear 2026-03-31 09640541 core:WithinOneYear 2025-03-31 09640541 core:AfterOneYear 2026-03-31 09640541 core:AfterOneYear 2025-03-31 09640541 core:ShareCapital core:PreviouslyStatedAmount 2026-03-31 09640541 core:ShareCapital core:PreviouslyStatedAmount 2025-03-31 09640541 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2026-03-31 09640541 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2025-03-31 09640541 core:PreviouslyStatedAmount 2026-03-31 09640541 core:PreviouslyStatedAmount 2025-03-31 09640541 business:SmallEntities 2025-04-01 2026-03-31 09640541 countries:EnglandWales 2025-04-01 2026-03-31 09640541 core:FurnitureFittings 2025-04-01 2026-03-31 09640541 core:ComputerEquipment 2025-04-01 2026-03-31 09640541 core:FurnitureFittings 2025-03-31 09640541 core:ComputerEquipment 2025-03-31 09640541 core:FurnitureFittings 2026-03-31 09640541 core:ComputerEquipment 2026-03-31 09640541 business:OrdinaryShareClass1 2025-04-01 2026-03-31 09640541 business:OrdinaryShareClass1 2024-04-01 2025-03-31 09640541 2024-04-01 2025-03-31 iso4217:GBP xbrli:shares xbrli:pure
Company Registration No. 09640541 (England and Wales)
EXCEL GYMNASTICS ACADEMY LTD Unaudited accounts for the year ended 31 March 2026
EXCEL GYMNASTICS ACADEMY LTD Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
EXCEL GYMNASTICS ACADEMY LTD Company Information for the year ended 31 March 2026
Directors
Benjamin Brown Paul Reeve
Company Number
09640541 (England and Wales)
Registered Office
31 THORNHILL ROAD SURBITON KT6 7TN ENGLAND
Accountants
Tanners Tax Accountants Steward House 14 Commercial Way Woking Surrey GU21 6ET
- 3 -
EXCEL GYMNASTICS ACADEMY LTD Statement of financial position as at 31 March 2026
2026
2025
Notes
£
£
Fixed assets
Tangible assets
4
333
594
Current assets
Inventories
49,348
65,495
Debtors
5
2,464
507
Cash at bank and in hand
18,328
8,395
70,140
74,397
Creditors: amounts falling due within one year
6
(47,975)
(50,530)
Net current assets
22,165
23,867
Total assets less current liabilities
22,498
24,461
Creditors: amounts falling due after more than one year
7
(18,741)
(24,250)
Net assets
3,757
211
Capital and reserves
Called up share capital
8
100
100
Profit and loss account
3,657
111
Shareholders' funds
3,757
211
For the year ending 31 March 2026 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 5 August 2026 and were signed on its behalf by
Benjamin Brown Director Company Registration No. 09640541
- 4 -
EXCEL GYMNASTICS ACADEMY LTD Notes to the Accounts for the year ended 31 March 2026
1
Statutory information
EXCEL GYMNASTICS ACADEMY LTD is a private company, limited by shares, registered in England and Wales, registration number 09640541. The registered office is 31 THORNHILL ROAD, SURBITON, KT6 7TN, ENGLAND.
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 sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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:
Fixtures & fittings
20% on cost
Computer equipment
33% on cost
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
- 5 -
EXCEL GYMNASTICS ACADEMY LTD Notes to the Accounts for the year ended 31 March 2026
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
£
£
£
Cost or valuation
At cost
At cost
At 1 April 2025
23,629
2,816
26,445
At 31 March 2026
23,629
2,816
26,445
Depreciation
At 1 April 2025
23,629
2,222
25,851
Charge for the year
-
261
261
At 31 March 2026
23,629
2,483
26,112
Net book value
At 31 March 2026
-
333
333
At 31 March 2025
-
594
594
5
Debtors
2026
2025
£
£
Amounts falling due within one year
Trade debtors
2,464
507
6
Creditors: amounts falling due within one year
2026
2025
£
£
Bank loans and overdrafts
6,210
6,210
VAT
10,995
11,565
Taxes and social security
20,000
18,500
Other creditors
18
17
Loans from directors
9,449
14,238
Deferred income
1,303
-
47,975
50,530
7
Creditors: amounts falling due after more than one year
2026
2025
£
£
Bank loans
18,741
24,250
8
Share capital
2026
2025
£
£
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
9
Average number of employees
During the year the average number of employees was 17 (2025: 17).
- 6 -