Company Registration No. 4210498 (England and Wales)
Energy Fitness Professionals Limited
Unaudited accounts
for the year ended 31 March 2020
Energy Fitness Professionals Limited
Unaudited accounts
Contents
Energy Fitness Professionals Limited
Company Information
for the year ended 31 March 2020
Directors
A. Gallacher
R. Radford
Company Number
4210498 (England and Wales)
Registered Office
International House
Holborn Viaduct
London
EC1A 2BN
Accountants
Mad About Book-Keeping Limited
Wolfe Mead
Farnham Road
Bordon
Hampshire
GU35 0NH
Energy Fitness Professionals Limited
Statement of financial position
as at 31 March 2020
Tangible assets
234,642
180,531
Cash at bank and in hand
85,073
109,355
Creditors: amounts falling due within one year
(343,585)
(464,940)
Net current liabilities
(84,812)
(14,429)
Total assets less current liabilities
149,830
166,102
Creditors: amounts falling due after more than one year
(109,161)
(101,686)
Provisions for liabilities
Deferred tax
(40,317)
(19,298)
Called up share capital
100
100
Profit and loss account
252
45,018
Shareholders' funds
352
45,118
For the year ending 31 March 2020 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 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 and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 6 October 2020 and were signed on its behalf by
A. Gallacher
Director
Company Registration No. 4210498
Energy Fitness Professionals Limited
Notes to the Accounts
for the year ended 31 March 2020
Energy Fitness Professionals Limited is a private company, limited by shares, registered in England and Wales, registration number 4210498. The registered office is International House, Holborn Viaduct, London, EC1A 2BN.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
Straight line over the terms of the lease
Plant & machinery
20% straight line
Fixtures & fittings
Various
Computer equipment
33% straight line
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Energy Fitness Professionals Limited
Notes to the Accounts
for the year ended 31 March 2020
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term.
Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
4
Tangible fixed assets
Land & buildings
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 April 2019
199,509
1,433,382
22,418
29,789
1,685,098
Additions
-
129,309
2,185
1,576
133,070
At 31 March 2020
199,509
1,562,691
24,603
31,365
1,818,168
At 1 April 2019
199,509
1,254,941
21,731
28,386
1,504,567
Charge for the year
-
77,646
514
799
78,959
At 31 March 2020
199,509
1,332,587
22,245
29,185
1,583,526
At 31 March 2020
-
230,104
2,358
2,180
234,642
At 31 March 2019
-
178,441
687
1,403
180,531
Trade debtors
117,325
154,827
Other debtors
56,375
186,329
Amounts due after more than one year
-
43,875
6
Creditors: amounts falling due within one year
2020
2019
Bank loans and overdrafts
899
1,796
Trade creditors
36,420
115,713
Taxes and social security
219,509
262,320
Other creditors
58,865
85,111
Energy Fitness Professionals Limited
Notes to the Accounts
for the year ended 31 March 2020
7
Creditors: amounts falling due after more than one year
2020
2019
Other creditors
93,003
37,307
Taxes and social security
16,158
64,379
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Loan
67,500
6,250
67,500
6,250
Loan
68,003
6,250
68,003
6,250
135,503
12,500
135,503
12,500
The above loans have been provided interest free and are fully repaid after the year end.
9
Average number of employees
During the year the average number of employees was 83 (2019: 80).
