Bodywise Pilates Limited,Ltd - AccountsLtd - Accounts

Bodywise Pilates Limited,Ltd - AccountsLtd - Accounts

BODYWISE PILATES LIMITED - Company Information

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2017-01-01 07388741 2017-12-31 07388741 2017-01-01 2017-12-31 07388741 2016-12-31 07388741 2016-01-01 2016-12-31 07388741 uk-core:WithinOneYear 2016-12-31 07388741 uk-core:WithinOneYear 2017-12-31 07388741 uk-core:ShareCapital 2017-12-31 07388741 uk-core:ShareCapital 2016-12-31 07388741 uk-core:RetainedEarningsAccumulatedLosses 2017-12-31 07388741 uk-core:RetainedEarningsAccumulatedLosses 2016-12-31 07388741 uk-bus:Director1 2017-01-01 2017-12-31 07388741 uk-core:ComputerEquipment 2017-01-01 2017-12-31 07388741 uk-core:MotorCars 2017-01-01 2017-12-31 07388741 uk-core:ToolsEquipment 2017-01-01 2017-12-31 07388741 uk-core:ComputerEquipment 2016-12-31 07388741 uk-core:ToolsEquipment 2016-12-31 07388741 uk-core:MotorCars 2016-12-31 07388741 uk-core:MotorCars 2017-12-31 07388741 uk-core:ToolsEquipment 2017-12-31 07388741 uk-core:ComputerEquipment 2017-12-31 iso4217:GBP 07388741 uk-bus:AuditExemptWithAccountantsReport 2017-01-01 2017-12-31 07388741 uk-bus:FRS102 2017-01-01 2017-12-31 07388741 uk-bus:FullAccounts 2017-01-01 2017-12-31 07388741 uk-bus:PrivateLimitedCompanyLtd 2017-01-01 2017-12-31
Bodywise Pilates Limited
Registered Number:07388741
For the year ended 31 December 2017
England and Wales
Unaudited Financial Statements
2
For the year ended 31 December 2017
Bodywise Pilates Limited
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
3
As at 31 December 2017
Bodywise Pilates Limited
Statement of Financial Position
Registered Number :
07388741
£
£
2016
2017
Notes
Fixed assets
Property, plant and equipment
6,811
8,400
2
6,811
8,400
Current assets
Trade and other receivables
684
1,534
3
20,680
Cash and cash equivalents
21,589
23,123
21,364
Trade and other payables: amounts falling due within one
year
(50,840)
(58,547)
4
(29,476)
(35,424)
Net current liabilities
Total assets less current liabilities
(28,613)
(21,076)
(28,613)
Net liabilities
(21,076)
Capital and reserves
Called up share capital
10
10
Retained earnings
(28,623)
(21,086)
(28,613)
(21,076)
Shareholders' funds
For the year ended 31 December 2017 the company was entitled to exemption from audit under Section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2017 in accordance with Section 476 of the Companies Act 2006
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section
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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Mr Pier Hausemer Director
These financial statements were approved and authorised for issue by the Board on 25 September 2018 and were signed by:
The notes form part of these financial statements
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4
For the year ended 31 December 2017
Bodywise Pilates Limited
Notes to the Financial Statements
Statutory Information
Bodywise Pilates Limited is a private limited company, limited by shares, domiciled in England and Wales, registration
number 07388741.
Principal place of business:
Volpoint House
Blakey Road
Salisbury
Wiltshire
SP1 2JG
Registered address:
The Old Bakery
Townsend
Pitton
Salisbury
SP5 1DH
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax or other similar sales taxes.
Property, plant and equipment
Property, plant and equipment, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
33% per annum on cost
Computer & office equipment
20% Reducing balance
Motor vehicles
20% Reducing balance
Fixtures and fittings
Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straightline basis over the period of the lease.
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5
For the year ended 31 December 2017
Bodywise Pilates Limited
Notes to the Financial Statements Continued
2. Property, plant and equipment
Total
Computer &
office
equipment
Fixtures and
fittings
Motor vehicles
£
£
£
£
Cost or
valuation
At 01 January 2017
13,327
1,010
10,615
1,702
238
-
238
-
Additions
At 31 December 2017
1,702
10,853
1,010
13,565
Provision for depreciation and impairment
At 01 January 2017
4,927
676
3,911
340
Charge for year
1,827
167
1,388
272
At 31 December 2017
6,754
843
5,299
612
At 31 December 2017
Net book value
1,090
5,554
167
6,811
At 31 December 2016
1,362
6,704
334
8,400
3. Trade and other receivables
2016
2017
£
£
Other debtors
1,534
684
4. Trade and other payables: amounts falling due within one year
2016
2017
£
£
Taxation and social security
7,768
6,241
Other creditors
50,779
44,599
58,547
50,840
5. Related party transactions
Included within other creditors as at 31 December 2017 is an amount of £8,685 (2016: £9,690) owed to Serenity
Estates Ltd. The directors Mr R Coppock, Ms L Coppock and Mr P Hausemer are also all directors of Serenity
Estates Ltd.
Included within other creditors as at 31 December 2017 is an amount of £3,360 (2016: £3,360) owed by Bodywise
Pilates Teacher Training Ltd. The directors Mr R Coppock, Ms L Coppock and Mr P Hausemer are also all directors
of Bodywise Pilates Teacher Training Ltd.
6. Average number of persons employed
During the year the average number of employees was 5 (2016 : 5)
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