pinacle 6.0
2017.03.01
J M C FITNESS LIMITED
09060671
2018-06-01
2019-05-31
false
09060671
frs:CurrentFinancialInstruments
frs:WithinOneYear
2019-05-31
09060671
frs:CurrentFinancialInstruments
2019-05-31
09060671
frs:ShareCapital
2019-05-31
09060671
2019-05-31
09060671
uk-bus:AuditExempt-NoAccountantsReport
2018-06-01
2019-05-31
09060671
uk-bus:Director1
2018-06-01
2019-05-31
09060671
uk-bus:FullAccounts
2018-06-01
2019-05-31
09060671
frs:FurnitureFittingsToolsEquipment
2018-06-01
2019-05-31
09060671
uk-bus:OrdinaryShareClass1
2018-06-01
2019-05-31
09060671
frs:PlantMachinery
2018-06-01
2019-05-31
09060671
uk-bus:PrivateLimitedCompanyLtd
2018-06-01
2019-05-31
09060671
uk-bus:SmallEntities
2018-06-01
2019-05-31
09060671
2018-06-01
2019-05-31
09060671
frs:CurrentFinancialInstruments
frs:WithinOneYear
2018-05-31
09060671
frs:CurrentFinancialInstruments
2018-05-31
09060671
frs:ShareCapital
2018-05-31
09060671
2018-05-31
xbrli:pure
iso4217:GBP
xbrli:shares
FILLETED FINANCIAL STATEMENTS
|
Company Registration Number - 09060671 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
KP SIMPSON |
|
Certified Public Accountants |
|
1. |
J M C Fitness Limited
|
COMPANY NUMBER - 09060671
|
|
Balance sheet as at
31 May 2019
|
|
|
|
Notes |
£ |
£ |
£ |
£ |
|
FIXED ASSETS
|
|
Tangible assets |
4 |
|
18,684
|
|
26,598
|
|
|
Current assets
|
|
|
Cash at bank and in hand |
|
3,042
|
|
1,981
|
|
|
|
|
|
|
|
|
3,042
|
|
1,981
|
|
Current liabilities
|
|
Creditors - Amounts |
falling due within one year |
5 |
42,208
|
|
52,460
|
|
|
|
|
|
|
NET CURRENT LIABILITIES
|
|
|
(39,166) |
|
(50,479) |
|
|
|
|
|
|
|
Total assets less current liabilities
|
|
|
(20,482) |
|
(23,881) |
|
Provisions for liabilities
|
|
|
Deferred taxation |
6 |
|
(3,550) |
|
(5,054) |
|
|
|
|
|
|
Net liabilities
|
|
|
(24,032) |
|
(28,935) |
|
|
|
|
|
|
|
|
CAPITAL AND RESERVES
|
|
Called up share capital |
7 |
|
100
|
|
100
|
|
|
Profit and Loss account |
|
|
(24,132) |
|
(29,035) |
|
|
|
|
|
|
|
Shareholders' funds
|
|
|
(24,032) |
|
(28,935) |
|
|
|
|
|
|
|
These financial statements have been prepared in accordance with the provisions of FRS102 Section 1A of the Companies Act 2006 relating to small companies. In accordance with section 444 of the Companies Act 2006, the directors' report and the profit and loss account have not been delivered.
For the financial year ended 31 May 2019, the company was entitled to exemption from audit under section 477 of the Companies Act 2006; and no notice has been deposited under section 476.
The members have not required the company to obtain an audit.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
Approved by the board of directors on28 January 2020
|
|
and signed on their behalf by: |
|
|
J A McFarlane
|
|
The notes on pages 2 to 4 form an integral part of these accounts.
|
|
2. |
J M C Fitness Limited
|
|
Notes to the Financial Statements
|
|
For the year ended 31 May 2019
|
|
|
1. General Information
|
|
J M C Fitness Limited is a Private Company, limited by shares, domiciled in England and Wales, registration number 09060671.
The company's registered office is 14 Tavistock Place, Sunderland, England, SR1 1PB.
|
2. Accounting policies
|
|
Basis of accounting
|
The financial statements have been prepared under the historical cost convention in accordance with the accounting policies set out below. These financial statements have been prepared in accordance with FRS102, section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
Tangible fixed assets and depreciation
|
Depreciation is provided, after taking account of any grants receivable, at the following annual rates in order to write off each asset over its estimated useful life:
Plant and machinery - 20% straight line
Fixtures and fittings - 20% straight line
Taxation represents the sum of tax currently payable and deferred tax. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period. Deferred tax is recognised on all timing differences between the carrying amounts of assets and liabilities in the financial statements and corresponding tax bases used in the computation of the of taxable profit. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered. Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period.
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
The average number of persons employed by the company (including directors) during the year was 0 (2018 - 0).
|
3. |
J M C Fitness Limited
|
|
Notes to the Financial Statements
|
|
For the year ended 31 May 2019
|
|
|
4. Fixed assets - tangible
|
|
Plant and |
|
Machinery |
|
etc. |
|
|
Fair value
|
£
|
At 1 June 2018 |
39,563 |
and 31 May 2019 |
|
Depreciation
|
At 1 June 2018 |
12,965 |
Charge for year |
7,914 |
|
|
At 31 May 2019 |
20,879 |
|
|
|
Net book values
|
At 31 May 2019 |
18,684 |
|
|
At 1 June 2018 |
26,598 |
|
|
|
|
2019 |
|
2018 |
|
|
|
|
|
£ |
|
£ |
5. Creditors
|
|
Amounts falling due within one year: |
Director's Current Accounts |
41,920
|
|
51,530
|
Other creditors |
288
|
|
930
|
|
|
|
|
|
42,208 |
|
52,460 |
|
|
|
|
|
6. Deferred taxation
|
|
At 1 June 2018 |
5,054 |
(Credited) charged to profit and loss account |
(1,504) |
|
5,054 |
|
|
|
|
At 31 May 2019 |
3,550 |
|
5,054 |
|
|
|
|
|
Deferred taxation has been fully provided in respect of: |
|
Accelerated capital allowances |
18,684 |
|
26,598 |
|
|
|
|
|
7. Called up share capital
|
|
There was no change in share capital during the year.
|
Allotted, called up and fully paid |
shares of £1 eachOrdinary
|
100 |
|
100 |
|
|
|
|
|
|
4. |
J M C Fitness Limited
|
|
Notes to the Financial Statements
|
|
For the year ended 31 May 2019
|
|
|
8. Related party transactions
|
|
|
|
J A McFarlane, a director, controls the company by virtue of a majority shareholding.