Crossfit Ldn Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 09239583 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2021

for

Crossfit Ldn Limited

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTORS:

P J Cavalli

E Gracio

REGISTERED OFFICE:

12a Hardwicke Road

London

W4 5EA

REGISTERED NUMBER:

09239583 (England and Wales)

ACCOUNTANTS:

Integral Associates Limited

Unit 25 Sarum Complex

Salisbury Road

Uxbridge

Middlesex

UB8 2RZ

FIXED ASSETS

Tangible assets

4

18,665

24,263

CURRENT ASSETS

Debtors

5

30,539

77,120

Cash at bank

70,103

59,418

100,642

136,538

CREDITORS

Amounts falling due within one year

6

103,664

78,457

NET CURRENT (LIABILITIES)/ASSETS

(3,022

)

58,081

TOTAL ASSETS LESS CURRENT LIABILITIES

15,643

82,344

CREDITORS

Amounts falling due after more than one year

7

-

50,000

NET ASSETS

15,643

32,344

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

15,543

32,244

SHAREHOLDERS' FUNDS

15,643

32,344

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2021.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2021 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 28 September 2022 and were signed on its behalf by:

P J Cavalli - Director

1.	STATUTORY INFORMATION

Crossfit Ldn 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.

Plant and machinery etc

-

20% on cost

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 11 (2020 - 11 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 January 2021

67,133

Additions

9,785

At 31 December 2021

76,918

DEPRECIATION

At 1 January 2021

42,870

Charge for year

15,383

At 31 December 2021

58,253

NET BOOK VALUE

At 31 December 2021

18,665

At 31 December 2020

24,263

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.21

31.12.20

£

£

Trade debtors

8,626

2,234

Amounts owed by group undertakings

-

41,994

Other debtors

21,913

32,892

30,539

77,120

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.21

31.12.20

£

£

Bank loans and overdrafts

47,741

3,547

Trade creditors

-

1,998

Taxation and social security

41,035

49,953

Other creditors

14,888

22,959

103,664

78,457

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.21

31.12.20

£

£

Bank loans

-

50,000