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REGISTERED NUMBER: 14464898 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 7TH NOVEMBER 2022 TO 30TH APRIL 2024

FOR

FIT TO RETIRE LTD

FIT TO RETIRE LTD (REGISTERED NUMBER: 14464898)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 7TH NOVEMBER 2022 TO 30TH APRIL 2024




Page

Balance Sheet 1

Notes to the Financial Statements 2


FIT TO RETIRE LTD (REGISTERED NUMBER: 14464898)

BALANCE SHEET
30TH APRIL 2024

Notes £    £   
FIXED ASSETS
Tangible assets 4 11,557

CURRENT ASSETS
Debtors 5 2,209
Cash at bank 2,530
4,739
CREDITORS
Amounts falling due within one year 6 4,442
NET CURRENT ASSETS 297
TOTAL ASSETS LESS CURRENT
LIABILITIES

11,854

PROVISIONS FOR LIABILITIES 2,889
NET ASSETS 8,965

CAPITAL AND RESERVES
Called up share capital 1
Retained earnings 8,964
8,965

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30th April 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 30th April 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Profit and Loss Account has not been delivered.

The financial statements were approved by the director and authorised for issue on 12th July 2024 and were signed by:





Mr S Fane - Director


FIT TO RETIRE LTD (REGISTERED NUMBER: 14464898)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 7TH NOVEMBER 2022 TO 30TH APRIL 2024

1. STATUTORY INFORMATION

Fit To Retire Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 14464898

Registered office: International House
12 Constance Street
London
E16 2DQ

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - straight line over 3 years and 20% on reducing balance

Taxation
Taxation for the period comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the period end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 1 .

FIT TO RETIRE LTD (REGISTERED NUMBER: 14464898)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 7TH NOVEMBER 2022 TO 30TH APRIL 2024

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
Additions 12,135
At 30th April 2024 12,135
DEPRECIATION
Charge for period 578
At 30th April 2024 578
NET BOOK VALUE
At 30th April 2024 11,557

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Other debtors 2,209

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Taxation and social security 2,215
Other creditors 2,227
4,442

7. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the period ended 30th April 2024:

£   
Mr S Fane
Balance outstanding at start of period -
Amounts advanced 38,734
Amounts repaid (39,160 )
Amounts written off -
Amounts waived -
Balance outstanding at end of period (426 )