Health Two Fitness Limited,Ltd - AccountsLtd - Accounts

Health Two Fitness Limited,Ltd - AccountsLtd - Accounts

HEALTH 2 FITNESS LIMITED - Company Information

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2018-04-01 05328340 2019-03-31 05328340 2018-04-01 2019-03-31 05328340 2018-03-31 05328340 2017-04-01 2018-03-31 05328340 uk-core:WithinOneYear 2018-03-31 05328340 uk-core:WithinOneYear 2019-03-31 05328340 uk-core:AfterOneYear 2018-03-31 05328340 uk-core:AfterOneYear 2019-03-31 05328340 uk-core:ShareCapital 2019-03-31 05328340 uk-core:ShareCapital 2018-03-31 05328340 uk-core:RetainedEarningsAccumulatedLosses 2019-03-31 05328340 uk-core:RetainedEarningsAccumulatedLosses 2018-03-31 05328340 uk-bus:Director1 2018-04-01 2019-03-31 05328340 uk-bus:Director2 2018-04-01 2019-03-31 05328340 uk-core:PlantMachinery 2018-04-01 2019-03-31 05328340 uk-core:MotorCars 2018-04-01 2019-03-31 05328340 uk-core:MotorCars 2018-03-31 05328340 uk-core:PlantMachinery 2018-03-31 05328340 uk-core:PlantMachinery 2019-03-31 05328340 uk-core:MotorCars 2019-03-31 05328340 3 uk-bus:Director2 2018-04-01 2019-03-31 05328340 3 uk-bus:Director2 2019-03-31 05328340 3 uk-bus:Director2 2018-03-31 iso4217:GBP xbrli:pure 05328340 uk-bus:AuditExemptWithAccountantsReport 2018-04-01 2019-03-31 05328340 uk-bus:FRS102 2018-04-01 2019-03-31 05328340 uk-bus:FullAccounts 2018-04-01 2019-03-31 05328340 uk-bus:PrivateLimitedCompanyLtd 2018-04-01 2019-03-31
Health Two Fitness Limited
Registered Number:05328340
For the year ended 31 March 2019
England and Wales
Unaudited Financial Statements
2
For the year ended 31 March 2019
Health Two Fitness Limited
Contents Page
1
Statement of Financial Position
2 to 4
Notes to the Financial Statements
3
As at 31 March 2019
Health Two Fitness Limited
Statement of Financial Position
Registered Number :
05328340
£
£
2018
2019
Notes
Fixed assets
Property, plant and equipment
1,441
42,078
2
1,441
42,078
Current assets
Inventories
77,673
57,554
3
Trade and other receivables
60,863
19,368
4
32,945
Cash and cash equivalents
30,001
106,923
171,481
Trade and other payables: amounts falling due within one
year
(158,611)
(104,749)
5
12,870
2,174
Net current assets
Total assets less current liabilities
3,615
54,948
Trade and other payables: amounts falling due after more
than one year
(29,728)
-
6
3,615
Net assets
25,220
Capital and reserves
Called up share capital
6
6
Retained earnings
3,609
25,214
3,615
25,220
Shareholders' funds
For the year ended 31 March 2019 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 of its financial statements for the year ended 31 March 2019 in accordance with Section 476 of the Companies Act 2006
The directors acknowledge their responsibilities for:a) ensuring that the company keeps proper 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 profit or loss for each financial year in accordance with the requirements of Section
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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
H Moore Director
James Winfield Director
These financial statements were approved and authorised for issue by the Board on 10 October 2019 and were signed by:
The notes form part of these financial statements
1 of 4
4
For the year ended 31 March 2019
Health Two Fitness Limited
Notes to the Financial Statements
Statutory Information
Health Two Fitness Limited is a private limited company, limited by shares, domiciled in England and Wales,
registration number 05328340.
Principal place of business:
35 Frimley High Street
Frimley
Surrey
GU16 7JQ
Registered address:
2 The Pavilions End
Camberley
GU15 2LD
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Property, plant and equipment
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:
Plant and machinery
25% Reducing balance
20% Reducing balance
Motor vehicles
Inventories
Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.
2 of 4
5
For the year ended 31 March 2019
Health Two Fitness Limited
Notes to the Financial Statements Continued
2. Property, plant and equipment
Total
Motor vehicles
Plant and
machinery
£
£
£
Cost or
valuation
At 01 April 2018
56,804
55,302
1,502
1,872
-
1,872
Additions
(55,302)
-
Disposals
(55,302)
At 31 March 2019
3,374
-
3,374
Provision for depreciation and impairment
At 01 April 2018
14,726
13,273
1,453
Charge for year
480
-
480
(13,273)
(13,273)
-
On disposal
At 31 March 2019
1,933
-
1,933
At 31 March 2019
Net book value
1,441
-
1,441
At 31 March 2018
49
42,029
42,078
3. Inventories
2018
2019
£
£
Stocks
57,554
77,673
4. Trade and other receivables
2018
2019
£
£
Trade debtors
19,368
26,513
Other debtors
-
34,350
60,863
19,368
5. Trade and other payables: amounts falling due within one year
2018
2019
£
£
Trade creditors
10,456
30,123
Taxation and social security
55,174
57,099
Other creditors
39,119
71,389
104,749
158,611
3 of 4
6
For the year ended 31 March 2019
Health Two Fitness Limited
Notes to the Financial Statements Continued
6. Trade and other payables: amounts falling due after more than one year
2018
2019
£
£
Other creditors
-
29,728
7. Directors advances and guarantees
At 01/04/2018
Repaid
At 31/03/2019
£
£
£
James Winfield
Loan to director
-
34,710
34,710
-
34,710
34,710
8. Average number of persons employed
During the year the average number of employees was 4 (2018 : 4)
4 of 4