National Fitness And Leisure Group Limit - Accounts to registrar (filleted) - small 23.1.2

REGISTERED NUMBER: 12912078 (England and Wales)

Unaudited Financial Statements for the Year Ended 30 September 2022

for

NATIONAL FITNESS AND LEISURE GROUP

LIMITED

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

Mr H Lalani

REGISTERED OFFICE:

159 High Street

Barnet

Hertfordshire

EN5 5SU

REGISTERED NUMBER:

12912078 (England and Wales)

ACCOUNTANTS:

Joshua Leigh & Co Ltd

159 High Street

Barnet

Hertfordshire

EN5 5SU

FIXED ASSETS

Tangible assets

4

160,617

181,483

CURRENT ASSETS

Debtors

135,974

125,702

Cash at bank

63,583

29,292

199,557

154,994

CREDITORS

Amounts falling due within one year

(398,138

)

(393,924

)

NET CURRENT LIABILITIES

(198,581

)

(238,930

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(37,964

)

(57,447

)

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

(38,064

)

(57,547

)

SHAREHOLDERS' FUNDS

(37,964

)

(57,447

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2022 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.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 30 September 2022 in accordance with Section 444(2A) of the Companies Act 2006.

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 and authorised for issue on 27 June 2023 and were signed by:

Mr H Lalani - Director

1.	STATUTORY INFORMATION

National Fitness And Leisure Group 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 the cost less estimated residual value of each asset over its estimated useful life.

Land and buildings

-

Over the term of the lease

Plant and machinery etc

-

33% on reducing balance, 25% on reducing balance and Over the term of the lease

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.

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.

Going concern

The financial statements have been prepared on a going concern basis.

The directors consider the going concern basis to be appropriate because in their opinion, the company will continue to obtain sufficient funding to enable it to pay its debts as they fall due and also will receive continuing support from the directors. If the company were unable to obtain such funding, it would be unable to continue trading and adjustments would have to be made to reduce the value of assets to their realisable amount and to provide for any further liabilities which might arise.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 11 (2021 - 11 ) .

4.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 October 2021

226,171

Additions

14,980

At 30 September 2022

241,151

DEPRECIATION

At 1 October 2021

44,688

Charge for year

35,846

At 30 September 2022

80,534

NET BOOK VALUE

At 30 September 2022

160,617

At 30 September 2021

181,483