Icon Gym Studio Limited

Icon Gym Studio Limited
Statement of Financial Position
As at 31 July 2026

	Notes	2026 £
Fixed assets
Tangible fixed assets	3	119,503
		119,503
Current assets
Debtors	4	10,043
Cash at bank and in hand		18,483
		28,526
Creditors: amount falling due within one year	5	(21,126)
Net current assets		7,400

Total assets less current liabilities		126,903
Creditors: amount falling due after more than one year	6	(173,334)
Net assets		(46,431)

Capital and reserves
Profit and loss account		(46,431)
Shareholders' funds		(46,431)

For the period ended 31 July 2026 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 period in question in accordance with section 476.
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.

These 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 to the Registrar of Companies.

The financial statements were approved by the board of directors on 23 October 2026 and were signed on its behalf by:

-------------------------------
Grzegorz MIKOLAP
Director

Icon Gym Studio Limited
Notes to the Financial Statements
For the Period 09 July 2025 to 31 July 2026

General Information

Icon Gym Studio Limited is a private company, limited by shares, registered in England and Wales, registration number 16571625, registration address Unit 6, Mill Farm Yard, Sonning Eye, Reading, RG4 6TR.

The presentation currency is £ sterling.

Accounting policies

Significant accounting policies

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)

Going concern basis

The directors believe that the company is experiencing good levels of sales growth and profitability, and that it is well placed to manage its business risks successfully. Accordingly, they have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus they continue to adopt the going concern basis of accounting in preparing the financial statements.

Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Tangible fixed assets

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Leasehold Property	15 Years Straight Line
Plant and Machinery	5 Years Straight Line
Computer Equipment	3 Years Straight Line

2.	Average number of employees Average number of employees during the period was 2.

Tangible fixed assets

Cost or valuation	Leasehold Property	Plant and Machinery	Computer Equipment	Total
	£	£	£	£
At 09 July 2025	-	-	-	-
Additions	6,800	128,993	6,772	142,565
Disposals	-	-	-	-
At 31 July 2026	6,800	128,993	6,772	142,565
Depreciation
At 09 July 2025	-	-	-	-
Charge for period	302	21,145	1,615	23,062
On disposals	-	-	-	-
At 31 July 2026	302	21,145	1,615	23,062
Net book values
Closing balance as at 31 July 2026	6,498	107,848	5,157	119,503
Opening balance as at 09 July 2025	-	-	-	-

Debtors: amounts falling due within one year

	2026 £
Prepayments & Accrued Income	168
	168

Debtors: amounts falling due after one year

	2026 £
Other Debtors	9,875
	9,875

Creditors: amount falling due within one year

	2026 £
Bank Loans & Overdrafts (Secured)	11,289
Amounts Owed to Group Undertakings	5,310
PAYE & Social Security	96
Other Creditors	139
VAT	4,292
	21,126

Creditors: amount falling due after more than one year

	2026 £
Bank Loans & Overdrafts (secured)	48,431
Directors' Loan Accounts	124,903
	173,334