2022-12-012023-11-302023-11-30false11083062RED ON FITNESS LTD2024-07-24iso4217:GBPxbrli:pure110830622022-12-01110830622023-11-30110830622022-12-012023-11-30110830622021-12-01110830622022-11-30110830622021-12-012022-11-3011083062bus:SmallEntities2022-12-012023-11-3011083062bus:AuditExempt-NoAccountantsReport2022-12-012023-11-3011083062bus:AbridgedAccounts2022-12-012023-11-3011083062bus:PrivateLimitedCompanyLtd2022-12-012023-11-3011083062core:WithinOneYear2023-11-3011083062core:AfterOneYear2023-11-3011083062core:WithinOneYear2022-11-3011083062core:AfterOneYear2022-11-3011083062core:ShareCapital2023-11-3011083062core:SharePremium2023-11-3011083062core:RevaluationReserve2023-11-3011083062core:OtherReservesSubtotal2023-11-3011083062core:RetainedEarningsAccumulatedLosses2023-11-3011083062core:ShareCapital2022-11-3011083062core:SharePremium2022-11-3011083062core:RevaluationReserve2022-11-3011083062core:OtherReservesSubtotal2022-11-3011083062core:RetainedEarningsAccumulatedLosses2022-11-3011083062core:LandBuildings2023-11-3011083062core:PlantMachinery2023-11-3011083062core:Vehicles2023-11-3011083062core:FurnitureFittings2023-11-3011083062core:OfficeEquipment2023-11-3011083062core:NetGoodwill2023-11-3011083062core:IntangibleAssetsOtherThanGoodwill2023-11-3011083062core:ListedExchangeTraded2023-11-3011083062core:UnlistedNon-exchangeTraded2023-11-3011083062core:LandBuildings2022-11-3011083062core:PlantMachinery2022-11-3011083062core:Vehicles2022-11-3011083062core:FurnitureFittings2022-11-3011083062core:OfficeEquipment2022-11-3011083062core:NetGoodwill2022-11-3011083062core:IntangibleAssetsOtherThanGoodwill2022-11-3011083062core:ListedExchangeTraded2022-11-3011083062core:UnlistedNon-exchangeTraded2022-11-3011083062core:LandBuildings2022-12-012023-11-3011083062core:PlantMachinery2022-12-012023-11-3011083062core:Vehicles2022-12-012023-11-3011083062core:FurnitureFittings2022-12-012023-11-3011083062core:OfficeEquipment2022-12-012023-11-3011083062core:NetGoodwill2022-12-012023-11-3011083062core:IntangibleAssetsOtherThanGoodwill2022-12-012023-11-3011083062core:ListedExchangeTraded2022-12-012023-11-3011083062core:UnlistedNon-exchangeTraded2022-12-012023-11-3011083062core:MoreThanFiveYears2022-12-012023-11-3011083062core:Non-currentFinancialInstruments2023-11-3011083062core:Non-currentFinancialInstruments2022-11-3011083062dpl:CostSales2022-12-012023-11-3011083062dpl:DistributionCosts2022-12-012023-11-3011083062core:LandBuildings2022-12-012023-11-3011083062core:PlantMachinery2022-12-012023-11-3011083062core:Vehicles2022-12-012023-11-3011083062core:FurnitureFittings2022-12-012023-11-3011083062core:OfficeEquipment2022-12-012023-11-3011083062dpl:AdministrativeExpenses2022-12-012023-11-3011083062core:NetGoodwill2022-12-012023-11-3011083062core:IntangibleAssetsOtherThanGoodwill2022-12-012023-11-3011083062dpl:GroupUndertakings2022-12-012023-11-3011083062dpl:ParticipatingInterests2022-12-012023-11-3011083062dpl:GroupUndertakingscore:ListedExchangeTraded2022-12-012023-11-3011083062core:ListedExchangeTraded2022-12-012023-11-3011083062dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-12-012023-11-3011083062core:UnlistedNon-exchangeTraded2022-12-012023-11-3011083062dpl:CostSales2021-12-012022-11-3011083062dpl:DistributionCosts2021-12-012022-11-3011083062core:LandBuildings2021-12-012022-11-3011083062core:PlantMachinery2021-12-012022-11-3011083062core:Vehicles2021-12-012022-11-3011083062core:FurnitureFittings2021-12-012022-11-3011083062core:OfficeEquipment2021-12-012022-11-3011083062dpl:AdministrativeExpenses2021-12-012022-11-3011083062core:NetGoodwill2021-12-012022-11-3011083062core:IntangibleAssetsOtherThanGoodwill2021-12-012022-11-3011083062dpl:GroupUndertakings2021-12-012022-11-3011083062dpl:ParticipatingInterests2021-12-012022-11-3011083062dpl:GroupUndertakingscore:ListedExchangeTraded2021-12-012022-11-3011083062core:ListedExchangeTraded2021-12-012022-11-3011083062dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2021-12-012022-11-3011083062core:UnlistedNon-exchangeTraded2021-12-012022-11-3011083062core:NetGoodwill2023-11-3011083062core:IntangibleAssetsOtherThanGoodwill2023-11-3011083062core:LandBuildings2023-11-3011083062core:PlantMachinery2023-11-3011083062core:Vehicles2023-11-3011083062core:FurnitureFittings2023-11-3011083062core:OfficeEquipment2023-11-3011083062core:AfterOneYear2023-11-3011083062core:WithinOneYear2023-11-3011083062core:ListedExchangeTraded2023-11-3011083062core:UnlistedNon-exchangeTraded2023-11-3011083062core:ShareCapital2023-11-3011083062core:SharePremium2023-11-3011083062core:RevaluationReserve2023-11-3011083062core:OtherReservesSubtotal2023-11-3011083062core:RetainedEarningsAccumulatedLosses2023-11-3011083062core:NetGoodwill2022-11-3011083062core:IntangibleAssetsOtherThanGoodwill2022-11-3011083062core:LandBuildings2022-11-3011083062core:PlantMachinery2022-11-3011083062core:Vehicles2022-11-3011083062core:FurnitureFittings2022-11-3011083062core:OfficeEquipment2022-11-3011083062core:AfterOneYear2022-11-3011083062core:WithinOneYear2022-11-3011083062core:ListedExchangeTraded2022-11-3011083062core:UnlistedNon-exchangeTraded2022-11-3011083062core:ShareCapital2022-11-3011083062core:SharePremium2022-11-3011083062core:RevaluationReserve2022-11-3011083062core:OtherReservesSubtotal2022-11-3011083062core:RetainedEarningsAccumulatedLosses2022-11-3011083062core:NetGoodwill2021-12-0111083062core:IntangibleAssetsOtherThanGoodwill2021-12-0111083062core:LandBuildings2021-12-0111083062core:PlantMachinery2021-12-0111083062core:Vehicles2021-12-0111083062core:FurnitureFittings2021-12-0111083062core:OfficeEquipment2021-12-0111083062core:AfterOneYear2021-12-0111083062core:WithinOneYear2021-12-0111083062core:ListedExchangeTraded2021-12-0111083062core:UnlistedNon-exchangeTraded2021-12-0111083062core:ShareCapital2021-12-0111083062core:SharePremium2021-12-0111083062core:RevaluationReserve2021-12-0111083062core:OtherReservesSubtotal2021-12-0111083062core:RetainedEarningsAccumulatedLosses2021-12-0111083062core:AfterOneYear2022-12-012023-11-3011083062core:WithinOneYear2022-12-012023-11-3011083062core:Non-currentFinancialInstrumentscore:CostValuation2022-12-012023-11-3011083062core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2022-12-012023-11-3011083062core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2022-12-012023-11-3011083062core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2022-12-012023-11-3011083062core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2022-12-012023-11-3011083062core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2022-12-012023-11-3011083062core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2022-12-012023-11-3011083062core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2022-12-012023-11-3011083062core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2022-12-012023-11-3011083062core:Non-currentFinancialInstrumentscore:CostValuation2023-11-3011083062core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2023-11-3011083062core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2023-11-3011083062core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2023-11-3011083062core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2023-11-3011083062core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2023-11-3011083062core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2023-11-3011083062core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2023-11-3011083062core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2023-11-3011083062core:Non-currentFinancialInstrumentscore:CostValuation2022-11-3011083062core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2022-11-3011083062core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2022-11-3011083062core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2022-11-3011083062core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2022-11-3011083062core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2022-11-3011083062core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2022-11-3011083062core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2022-11-3011083062core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2022-11-3011083062bus:Director12022-12-012023-11-30110830621bus:Director12022-12-01110830621bus:Director12022-12-012023-11-30110830621bus:Director12023-11-30110830622022-12-01110830622022-12-012023-11-30110830622023-11-30

RED ON FITNESS LTD

Registered Number
11083062
(England and Wales)

Unaudited Financial Statements for the Year ended
30 November 2023

RED ON FITNESS LTD
Company Information
for the year from 1 December 2022 to 30 November 2023

Director

CHADWICK, Michael James

Company Secretary

CHADWICK, Emma

Registered Address

C/O Venture Finance Management Suite 101
Cotton Exchange, Old Hall Street
Liverpool
L3 9LQ

Registered Number

11083062 (England and Wales)
RED ON FITNESS LTD
Balance Sheet as at
30 November 2023

Notes

2023

2022

£

£

£

£

Fixed assets
Tangible assets31,0361,546
1,0361,546
Current assets
Debtors17,69739,071
Cash at bank and on hand287929
17,98440,000
Creditors amounts falling due within one year(290)(16,667)
Net current assets (liabilities)17,69423,333
Total assets less current liabilities18,73024,879
Net assets18,73024,879
Capital and reserves
Called up share capital100100
Profit and loss account18,63024,779
Shareholders' funds18,73024,879
The financial statements were approved and authorised for issue by the Director on 24 July 2024, and are signed on its behalf by:
CHADWICK, Michael James
Director
Registered Company No. 11083062
RED ON FITNESS LTD
Notes to the Financial Statements
for the year ended 30 November 2023

1.Accounting policies
Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
Statement of compliance
The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the financial reporting standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Functional and presentation currency
The financial statements are presented in sterling and this is the functional currency of the company.
Revenue from sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:
2.Average number of employees

20232022
Average number of employees during the year11
3.Tangible fixed assets

Total

£
Cost or valuation
At 01 December 224,253
At 30 November 234,253
Depreciation and impairment
At 01 December 222,707
Charge for year510
At 30 November 233,217
Net book value
At 30 November 231,036
At 30 November 221,546
4.Directors advances, credits and guarantees

Brought forward

Amount advanced

Amount repaid

Carried forward

££££
CHADWICK, Michael James29000290
29000290
The amount advanced is interest free and repayable on demand.
5.Related party transactions
At the year end, companies under common control owed Red On Fitness LTD £17,696 (2022 - £39,070). All amounts are interest free and repayable on demand.