BF Fitness Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 09072568 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 August 2019

for

BF Fitness Limited

Page

Company information

1

Balance sheet

2

Notes to the financial statements

4

Director:

S Brown

Registered office:

23 Giggs Hill Gardens

Thames Ditton

Surrey

KT7 0AT

Registered number:

09072568 (England and Wales)

Accountants:

Freeman Carr

Chartered Certified Accountants

The Gatehouse

2 Devonhurst Place

Heathfield Terrace

Chiswick

London

W4 4JD

Fixed assets

Tangible assets

4

14,489

22,037

Current assets

Debtors

5

6,031

4,662

Cash at bank

1

300

6,032

4,962

Creditors

Amounts falling due within one year

6

1,579

2,140

Net current assets

4,453

2,822

Total assets less current liabilities

18,942

24,859

Creditors

Amounts falling due after more than one year

7

103,570

109,288

Net liabilities

(84,628

)

(84,429

)

Capital and reserves

Called up share capital

100

100

Retained earnings

(84,728

)

(84,529

)

(84,628

)

(84,429

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2019.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2019 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps 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 Sections 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.

The 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.

The financial statements were approved by the director on 24 October 2019 and were signed by:

S Brown - Director

1.	Statutory information

BF Fitness Limited is a private company, limited by shares , registered in England and Wales. The

company's registered number and registered office address can be found on the Company Information

page.

2.	Accounting policies

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding

discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement,

except to the extent that it relates to items recognised in other comprehensive income or directly in

equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been

enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at

the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods

different from those in which they are recognised in financial statements. Deferred tax is measured

using tax rates and laws that have been enacted or substantively enacted by the year end and that

are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is

probable that they will be recovered against the reversal of deferred tax liabilities or other future

taxable profits.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the

period of the lease.

3.	Employees and directors

The average number of employees during the year was 2 (2018 - 1 ) .

4.	Tangible fixed assets

Plant and

machinery

etc

£

Cost

At 1 September 2018

and 31 August 2019

64,383

Depreciation

At 1 September 2018

42,346

Charge for year

7,548

At 31 August 2019

49,894

Net book value

At 31 August 2019

14,489

At 31 August 2018

22,037

5.

Debtors: amounts falling due within one year

2019

2018

£

£

Trade debtors

1,910

300

Other debtors

4,121

4,362

6,031

4,662

6.

Creditors: amounts falling due within one year

2019

2018

£

£

Bank loans and overdrafts

1,662

842

Trade creditors

-

1,940

Taxation and social security

(165

)

(642

)

Other creditors

82

-

1,579

2,140

7.

Creditors: amounts falling due after more than one year

2019

2018

£

£

Other creditors

103,570

109,288