Abbreviated Company Accounts - FITNESS 2 U LIMITED

FITNESS 2 U LIMITED - Company Information

04988440 FITNESS 2 U LIMITED 2014-12-31 false 2014-01-01 2014-12-31 true 04988440 2014-01-01 2014-12-31 04988440 2014-12-31 04988440 2013-12-31 04988440 uk-gaap-cd-bus:Director1 2014-01-01 2014-12-31 04988440 uk-gaap-cd-bus:Director2 2014-01-01 2014-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-01-01 2014-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-12-31 iso4217:GBP shares

Registered Number 04988440

FITNESS 2 U LIMITED

Abbreviated Accounts

31 December 2014

FITNESS 2 U LIMITED Registered Number 04988440

Abbreviated Balance Sheet as at 31 December 2014

	Notes	2014	2013
		£	£
Fixed assets
Tangible assets	2	2,909	3,266
		2,909	3,266
Current assets
Stocks		-	90
Debtors		5,379	7,402
		5,379	7,492
Creditors: amounts falling due within one year		(7,525)	(8,914)
Net current assets (liabilities)		(2,146)	(1,422)
Total assets less current liabilities		763	1,844
Total net assets (liabilities)		763	1,844
Capital and reserves
Called up share capital	3	2	2
Profit and loss account		761	1,842
Shareholders' funds		763	1,844

For the year ending 31 December 2014 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 16 September 2015

And signed on their behalf by:
O Moss, Director

FITNESS 2 U LIMITED Registered Number 04988440

Notes to the Abbreviated Accounts for the period ended 31 December 2014

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective January 2015.

Turnover policy
Turnover represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.

Tangible assets depreciation policy
Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

Plant and machinery 25% straight line

Other accounting policies
Stocks
Stock is valued at the lower of cost and net realisable value.

Deferred taxation
Full provision is made for deferred taxation resulting from material timing differences between the recognition of gains and losses in the accounts and their recognition for tax purposes. Deferred taxation is calculated on an un-discounted basis at the tax rates which are expected to apply in the periods when the timing differences will reverse.

2Tangible fixed assets

	£
Cost
At 1 January 2014	29,246
Additions	1,927
Disposals	-
Revaluations	-
Transfers	-
At 31 December 2014	31,173
Depreciation
At 1 January 2014	25,980
Charge for the year	2,284
On disposals	-
At 31 December 2014	28,264
Net book values
At 31 December 2014	2,909
At 31 December 2013	3,266

3Called Up Share Capital
Allotted, called up and fully paid:

	2014 £	2013 £
2 Ordinary shares of £1 each	2	2