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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
Page
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RS2 FITNESS LTD Company Information for the year ended 31 March 2023
Director
Mr V Sharma
Company Number
11902422 (England and Wales)
Registered Office
Unit B Endeavour Park London Road Addington West Malling Kent ME195SH United Kingdom
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RS2 FITNESS LTD Statement of financial position as at 31 March 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Intangible assets
16,166 
18,808 
Tangible assets
409,413 
464,945 
425,579 
483,753 
Current assets
Debtors
160,638 
48,788 
Cash at bank and in hand
11,054 
4,112 
171,692 
52,900 
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)
Capital and reserves
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
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RS2 FITNESS LTD Notes to the Accounts for the year ended 31 March 2023
1
Statutory information
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.
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.
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
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation. 10 years - Straight Line
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 April 2022
20,000 
At 31 March 2023
20,000 
Amortisation
At 1 April 2022
1,192 
Charge for the year
2,642 
At 31 March 2023
3,834 
Net book value
At 31 March 2023
16,166 
At 31 March 2022
18,808 
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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 
Additions
- 
9,054 
9,054 
At 31 March 2023
83,645 
465,323 
548,968 
Depreciation
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 
Net book value
At 31 March 2023
74,433 
334,980 
409,413 
At 31 March 2022
80,009 
384,936 
464,945 
2023 
2022 
Carrying values included above held under finance leases and hire purchase contracts:
£ 
£ 
- Fixtures & fittings
92,314 
108,604 
6
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Amounts due from group undertakings etc.
9,512 
9,512 
Other debtors
120,453 
16,603 
129,965 
26,115 
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 
Accruals
3,000 
3,000 
498,557 
276,946 
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 
110,227 
291,316 
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RS2 FITNESS LTD Notes to the Accounts for the year ended 31 March 2023
9
Share capital
2023 
2022 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
10
Controlling party
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).
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