Aro Fitness Ltd - Accounts to registrar (filleted) - small 18.2
Aro Fitness Ltd - Accounts to registrar (filleted) - small 18.2
| REGISTERED NUMBER: |
| Unaudited Financial Statements |
| for the year ended |
| 31st January 2019 |
| for |
| Aro Fitness Ltd |
| Aro Fitness Ltd (Registered number: 08384389) |
| Contents of the Financial Statements |
| for the year ended 31st January 2019 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 3 |
| Aro Fitness Ltd |
| Company Information |
| for the year ended 31st January 2019 |
| DIRECTORS: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Chartered Management Accountants |
| 12b Sun Street |
| Waltham Abbey |
| United Kingdom |
| Essex |
| EN9 1EE |
| Aro Fitness Ltd (Registered number: 08384389) |
| Balance Sheet |
| 31st January 2019 |
| 2019 | 2018 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 4 |
| CURRENT ASSETS |
| Debtors | 5 |
| Cash at bank and in hand |
| CREDITORS |
| Amounts falling due within one year | 6 |
| NET CURRENT ASSETS/(LIABILITIES) | ( |
) |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CAPITAL AND RESERVES |
| Called up share capital |
| Retained earnings |
| SHAREHOLDERS' FUNDS |
| 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. |
| In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
| The financial statements were approved by the Board of Directors on |
| Aro Fitness Ltd (Registered number: 08384389) |
| Notes to the Financial Statements |
| for the year ended 31st January 2019 |
| 1. | STATUTORY INFORMATION |
| Aro Fitness Ltd is a |
| registered number and registered office address can be found on the Company Information page. |
| 2. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| 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 |
| Plant and machinery etc | - |
| 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. |
| Deferred tax |
| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance |
| sheet 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 |
| Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held |
| under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases |
| are depreciated over their estimated useful lives or the lease term, whichever is the shorter. |
| The interest element of these obligations is charged to profit or loss over the relevant period. The capital element |
| of the future payments is treated as a liability. |
| 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 |
| Aro Fitness Ltd (Registered number: 08384389) |
| Notes to the Financial Statements - continued |
| for the year ended 31st January 2019 |
| 4. | TANGIBLE FIXED ASSETS |
| Plant and |
| machinery |
| etc |
| £ |
| COST |
| At 1st February 2018 |
| Additions |
| Disposals | ( |
) |
| At 31st January 2019 |
| DEPRECIATION |
| At 1st February 2018 |
| Charge for year |
| Eliminated on disposal | ( |
) |
| At 31st January 2019 |
| NET BOOK VALUE |
| At 31st January 2019 |
| At 31st January 2018 |
| Fixed assets, included in the above, which are held under finance leases are as follows: |
| Plant and |
| machinery |
| etc |
| £ |
| COST |
| At 1st February 2018 |
| Transfer to ownership | (101,976 | ) |
| At 31st January 2019 |
| DEPRECIATION |
| At 1st February 2018 |
| Charge for year |
| Transfer to ownership | (101,976 | ) |
| At 31st January 2019 |
| NET BOOK VALUE |
| At 31st January 2019 |
| At 31st January 2018 |
| 5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2019 | 2018 |
| £ | £ |
| Other debtors |
| Aro Fitness Ltd (Registered number: 08384389) |
| Notes to the Financial Statements - continued |
| for the year ended 31st January 2019 |
| 6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2019 | 2018 |
| £ | £ |
| Bank loans and overdrafts |
| Finance leases |
| Trade creditors |
| Taxation and social security |
| Other creditors |
| 7. | RELATED PARTY DISCLOSURES |
| At year end the company was owed £83,839 from Aro Fitness Felixstowe Ltd, an associated company under |
| common control. The company also owed the Directors of the company £72,827 at year end. All loans were |
| interest free and repayable on demand. |
| 8. | CONTROLLING INTEREST |
| The controlling party is Aro Fitness Holdings Ltd. |
| The ultimate controlling party is |