Company Registration No. 11902422 (England and Wales)
RS2 FITNESS LTD
Unaudited accounts
for the year ended 31 March 2023
RS2 FITNESS LTD
Unaudited accounts
Contents
RS2 FITNESS LTD
Company Information
for the year ended 31 March 2023
Company Number
11902422 (England and Wales)
Registered Office
Unit B Endeavour Park
London Road
Addington West Malling
Kent
ME195SH
United Kingdom
RS2 FITNESS LTD
Statement of financial position
as at 31 March 2023
Intangible assets
16,166
18,808
Tangible assets
409,413
464,945
Cash at bank and in hand
11,054
4,112
Creditors: amounts falling due within one year
(498,557)
(276,946)
Net current liabilities
(326,865)
(224,046)
Total assets less current liabilities
98,714
259,707
Creditors: amounts falling due after more than one year
(110,227)
(291,316)
Net liabilities
(11,513)
(31,609)
Called up share capital
100
100
Profit and loss account
(11,613)
(31,709)
Shareholders' funds
(11,513)
(31,609)
For the year ending 31 March 2023 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 director acknowledges his 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 and authorised for issue on 18 December 2023 and were signed on its behalf by
Mr V Sharma
Director
Company Registration No. 11902422
RS2 FITNESS LTD
Notes to the Accounts
for the year ended 31 March 2023
RS2 FITNESS LTD is a private company, limited by shares, registered in England and Wales, registration number 11902422. The registered office is Unit B Endeavour Park, London Road, Addington West Malling, Kent, ME195SH, United Kingdom.
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.
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
Over 15 years - Straight Line
Fixtures & fittings
15% - Reducing balance
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
10 years - Straight Line
4
Intangible fixed assets
Goodwill
RS2 FITNESS LTD
Notes to the Accounts
for the year ended 31 March 2023
5
Tangible fixed assets
Land & buildings
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 April 2022
83,645
456,269
539,914
At 31 March 2023
83,645
465,323
548,968
At 1 April 2022
3,636
71,333
74,969
Charge for the year
5,576
59,010
64,586
At 31 March 2023
9,212
130,343
139,555
At 31 March 2023
74,433
334,980
409,413
At 31 March 2022
80,009
384,936
464,945
Carrying values included above held under finance leases and hire purchase contracts:
£
£
- Fixtures & fittings
92,314
108,604
Amounts falling due within one year
Amounts due from group undertakings etc.
9,512
9,512
Other debtors
120,453
16,603
Amounts falling due after more than one year
Amounts due from group undertakings etc.
30,673
22,673
7
Creditors: amounts falling due within one year
2023
2022
Obligations under finance leases and hire purchase contracts
21,993
20,713
Trade creditors
436,342
233,102
Taxes and social security
8,794
-
Other creditors
13,428
131
Loans from directors
15,000
20,000
8
Creditors: amounts falling due after more than one year
2023
2022
Obligations under finance leases and hire purchase contracts
63,241
85,235
Amounts owed to group undertakings and other participating interests
46,986
206,081
RS2 FITNESS LTD
Notes to the Accounts
for the year ended 31 March 2023
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
The ulimately parent company is RS Group Companies Ltd which is registered in England.
11
Average number of employees
During the year the average number of employees was 8 (2022: 7).