1 March 2022 false No description of principal activity Taxfiler 2023.14 10032703business:PrivateLimitedCompanyLtd2022-03-012023-02-28 100327032022-02-28 100327032022-03-012023-02-28 10032703business:AuditExemptWithAccountantsReport2022-03-012023-02-28 10032703business:FilletedAccounts2022-03-012023-02-28 100327032023-02-28 10032703business:Director12022-03-012023-02-28 10032703business:RegisteredOffice2022-03-012023-02-28 100327032022-02-28 10032703core:WithinOneYear2023-02-28 10032703core:WithinOneYear2022-02-28 10032703core:AfterOneYear2023-02-28 10032703core:AfterOneYear2022-02-28 10032703core:ShareCapitalcore:PreviouslyStatedAmount2023-02-28 10032703core:ShareCapitalcore:PreviouslyStatedAmount2022-02-28 10032703core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-02-28 10032703core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-02-28 10032703core:PreviouslyStatedAmount2023-02-28 10032703core:PreviouslyStatedAmount2022-02-28 10032703business:SmallEntities2022-03-012023-02-28 10032703countries:EnglandWales2022-03-012023-02-28 100327032021-03-012022-02-28 iso4217:GBP xbrli:pure
Company Registration No. 10032703 (England and Wales)
Fit4retail Ltd Unaudited accounts for the year ended 28 February 2023
Fit4retail Ltd Unaudited accounts Contents
Page
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Fit4retail Ltd Company Information for the year ended 28 February 2023
Director
Jafar Abualzait
Company Number
10032703 (England and Wales)
Registered Office
21 HYDE PARK ROAD LEEDS LS6 1PY ENGLAND
Accountants
HLA Accountants 21 Hyde Park Road Leeds West Yorkshire LS6 1PY
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Chartered Certified Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of Fit4retail Ltd for the year ended 28 February 2023
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Fit4retail Ltd for the year ended 28 February 2023 as set out on pages 5 - 6 from the Company's accounting records and from information and explanations you have given us.
As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at https://www.accaglobal.com/uk/en/about-us/regulation/rulebook.html
Our work has been undertaken in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf.
HLA Accountants Chartered Certified Accountants 21 Hyde Park Road Leeds West Yorkshire LS6 1PY 13 February 2024
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Fit4retail Ltd Statement of financial position as at 28 February 2023
2023 
2022 
Notes
£ 
£ 
Current assets
Inventories
57,000 
74,856 
Debtors
6,490 
100 
Cash at bank and in hand
2,630 
3,354 
66,120 
78,310 
Creditors: amounts falling due within one year
(29,392)
(29,874)
Net current assets
36,728 
48,436 
Total assets less current liabilities
36,728 
48,436 
Creditors: amounts falling due after more than one year
(42,982)
(49,559)
Net liabilities
(6,254)
(1,123)
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
(6,354)
(1,223)
Shareholders' funds
(6,254)
(1,123)
For the year ending 28 February 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 16 February 2024 and were signed on its behalf by
Jafar Abualzait Director Company Registration No. 10032703
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Fit4retail Ltd Notes to the Accounts for the year ended 28 February 2023
1
Statutory information
Fit4retail Ltd is a private company, limited by shares, registered in England and Wales, registration number 10032703. The registered office is 21 HYDE PARK ROAD, LEEDS, LS6 1PY, ENGLAND.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
4
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
5,350 
- 
Amounts due from group undertakings etc.
1,040 
- 
Other debtors
100 
100 
6,490 
100 
5
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
VAT
339 
236 
Taxes and social security
(891)
313 
Other creditors
28,825 
28,825 
Loans from directors
119 
- 
Accruals
1,000 
500 
29,392 
29,874 
6
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
19,001 
25,578 
Other creditors
23,981 
23,981 
42,982 
49,559 
7
Average number of employees
During the year the average number of employees was 2 (2022: 2).
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