Abbreviated Company Accounts - FITNESS 2 U LIMITED

FITNESS 2 U LIMITED - Company Information

04988440 FITNESS 2 U LIMITED 2013-12-31 false 2013-01-01 2013-12-31 true 04988440 2013-01-01 2013-12-31 04988440 2013-12-31 04988440 2012-12-31 04988440 uk-gaap-cd-bus:Director1 2013-01-01 2013-12-31 04988440 uk-gaap-cd-bus:Director2 2013-01-01 2013-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-01-01 2013-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2012-12-31 iso4217:GBP shares

Registered Number 04988440

FITNESS 2 U LIMITED

Abbreviated Accounts

31 December 2013

FITNESS 2 U LIMITED Registered Number 04988440

Abbreviated Balance Sheet as at 31 December 2013

	Notes	2013	2012
		£	£
Fixed assets
Tangible assets	2	3,266	2,938
		3,266	2,938
Current assets
Stocks		90	-
Debtors		7,402	1,880
Cash at bank and in hand		-	877
		7,492	2,757
Creditors: amounts falling due within one year		(8,914)	(5,417)
Net current assets (liabilities)		(1,422)	(2,660)
Total assets less current liabilities		1,844	278
Total net assets (liabilities)		1,844	278
Capital and reserves
Called up share capital	3	2	2
Profit and loss account		1,842	276
Shareholders' funds		1,844	278

For the year ending 31 December 2013 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 23 September 2014

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 2013

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 April 2008.

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

Plant and machinery 20% straight line

Valuation information and policy
Stocks
Stock is valued at the lower of cost and net realisable value.

Other accounting policies
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 2013	26,691
Additions	2,555
Disposals	-
Revaluations	-
Transfers	-
At 31 December 2013	29,246
Depreciation
At 1 January 2013	23,753
Charge for the year	2,227
On disposals	-
At 31 December 2013	25,980
Net book values
At 31 December 2013	3,266
At 31 December 2012	2,938

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

	2013 £	2012 £
2 Ordinary shares of £1 each	2	2