Saifs Boxing & Fitness Gym CIC

Active13713025Arts & recreationIncorporated 29 Oct 2021 · Rotherham

The director presents his report and accounts for the period from 29 October 2021 to 31 October 2022.Principal activityFitness facilitiesDirectorsSaif Ali DIN was appointed on 29 October 2021.Statement of directors' responsibilitiesThe directors are responsible for preparing the report and accounts in accordance with applicable law and regulations.Company law requires the directors to prepare accounts for each financial year. Under that law, the directors have elected to prepare the accounts in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the directors must not approve the accounts unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. In preparing these accounts, the directors are required to:- select suitable accounting policies and then apply them consistently;- make judgements and estimates that are reasonable and prudent;- prepare the accounts on the going concern basis unless it is inappropriate to presume that the company will continue in business.The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the accounts comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.Small company provisionsThis report has been prepared in accordance with the special provisions relating to small companies within Part 15 of the Companies Act 2006.

Revenue

£24k

No comparable prior period

Profit after tax

-£23k

Margin -96.7%

Employees

1

— vs prior ~12m period

Net assets

-£23k

Total assets £1

Financial history

Revenue by accounting period

1 period available · ▲ growth ▼ decline

Oct 2022
£24k
Period endRevenueGrowthProfit before taxEmployeesNet assets
31 Oct 2022£24k—-£23k1-£23k

Latest available figures

Period ending 31 Oct 2022. “Not available” means the figure is not in the accounts we hold. We do not estimate missing figures.

These are the most recent accounts available to us; more recent accounts may exist at Companies House.

Profit & loss

Revenue
£24k
Gross profit
£12k
Operating profit
-£23k
Profit before tax
-£23k
Profit after tax
-£23k

Balance sheet

Total assets
£1
Cash
£1
Total liabilities
£23k
Net assets
-£23k
Revenue per employee
£24k

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