Registration number: 07804382

Kennet District Gymnastic Centre Limited

Contents

Balance Sheet	1 to 2
Notes to the Unaudited Financial Statements	3 to 5

Kennet District Gymnastic Centre Limited

(Registration number: 07804382)
Balance Sheet as at 31 December 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	4	39,915	52,942
Current assets
Stocks		18,823	21,881
Debtors	5	9,822	29,503
Cash at bank and in hand		74,172	67,725
		102,817	119,109
Creditors: Amounts falling due within one year	6	(8,138)	(3,741)
Net current assets		94,679	115,368
Net assets		134,594	168,310
Reserves
Retained earnings		134,594	168,310
Surplus		134,594	168,310

Kennet District Gymnastic Centre Limited

(Registration number: 07804382)
Balance Sheet as at 31 December 2025

For the financial 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.

Directors' responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 17 August 2026 and signed on its behalf by:
 

......................................... Mr A Horne Director

......................................... Ms F A Horne Director

Kennet District Gymnastic Centre Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

1	General information

The company is a company limited by guarantee, incorporated in England and Wales, and consequently does not have share capital. Each of the members is liable to contribute an amount not exceeding £1 towards the assets of the company in the event of liquidation.

The address of its registered office is:
25 Sarum Way
Hungerford
Berkshire
RG17 0LJ

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the provision of services as a gymnastics club. Turnover is shown net of returns, rebates and discounts.

Tax

The company is exempt from corporation tax, it being a company not carrying on a business for the purposes of making a profit.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Fixtures, fittings & equipment	25% reducing balance
Office equipment	25% reducing balance
Land & buildings	20% straight line

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Kennet District Gymnastic Centre Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 17 (2024 - 16).

4	Tangible assets

	Short leasehold land and buildings £	Fixtures, fittings & equipment £	Office equipment £	Total £
Cost or valuation
At 1 January 2025	4,725	273,795	12,476	290,996
Additions	-	936	-	936
At 31 December 2025	4,725	274,731	12,476	291,932
Depreciation
At 1 January 2025	3,308	225,797	8,949	238,054
Charge for the year	945	12,136	882	13,963
At 31 December 2025	4,253	237,933	9,831	252,017
Carrying amount
At 31 December 2025	472	36,798	2,645	39,915
At 31 December 2024	1,417	47,998	3,527	52,942

Included within the net book value of land and buildings above is £472 (2024 - £1,417) in respect of short leasehold land and buildings.
 

Kennet District Gymnastic Centre Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

5

Debtors

Current	2025 £	2024 £
Prepayments	3,435	29,503
Other debtors	6,387	-
	9,822	29,503

6

Creditors

Creditors: amounts falling due within one year

	2025 £	2024 £
Due within one year
Trade creditors	120	360
Taxation and social security	5,598	-
Other creditors	2,420	3,381
	8,138	3,741