Company Registration No. 08265809 (England and Wales)
R & D Fitness Limited
Unaudited accounts
for the year ended 31 August 2023
R & D Fitness Limited
Unaudited accounts
Contents
R & D Fitness Limited
Company Information
for the year ended 31 August 2023
Director
Mr. Gurjeet Singh Dhillon
Company Number
08265809 (England and Wales)
Registered Office
EAGLE HOUSE EAGLE WAY STONEBRIDGE ROAD
NORTHFLEET
GRAVESEND
KENT
DA11 9BJ
United Kingdom
R & D Fitness Limited
Statement of financial position
as at 31 August 2023
Intangible assets
41,201
54,934
Tangible assets
970,546
1,128,335
Cash at bank and in hand
121,982
118,750
Creditors: amounts falling due within one year
(983,592)
(943,107)
Net current liabilities
(405,201)
(328,911)
Total assets less current liabilities
606,546
854,358
Creditors: amounts falling due after more than one year
(338,629)
(304,548)
Net assets
267,917
549,810
Called up share capital
10,010
100
Profit and loss account
257,907
549,710
Shareholders' funds
267,917
549,810
For the year ending 31 August 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 12 August 2024 and were signed on its behalf by
Mr. Gurjeet Singh Dhillon
Director
Company Registration No. 08265809
R & D Fitness Limited
Notes to the Accounts
for the year ended 31 August 2023
R & D Fitness Limited is a private company, limited by shares, registered in England and Wales, registration number 08265809. The registered office is EAGLE HOUSE EAGLE WAY STONEBRIDGE ROAD, NORTHFLEET, GRAVESEND, KENT, DA11 9BJ, 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:
Plant & machinery
15% Reducing Balance
Fixtures & fittings
15% Reducing Balance
Intangible fixed assets (including franchise fees and patents) are included at cost less accumulated amortisation.
Straight line Over 10 years
4
Intangible fixed assets
Other
At 1 September 2022
143,333
At 1 September 2022
88,399
Charge for the year
13,733
R & D Fitness Limited
Notes to the Accounts
for the year ended 31 August 2023
5
Tangible fixed assets
Land & buildings
Plant & machinery
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At 1 September 2022
76,405
669,403
1,434,827
2,180,635
At 31 August 2023
76,405
669,403
1,434,827
2,180,635
At 1 September 2022
-
381,182
671,118
1,052,300
Charge for the year
-
43,233
114,556
157,789
At 31 August 2023
-
424,415
785,674
1,210,089
At 31 August 2023
76,405
244,988
649,153
970,546
At 31 August 2022
76,405
288,221
763,709
1,128,335
Amounts falling due within one year
Amounts due from group undertakings etc.
311,663
464,170
Other debtors
144,746
31,276
7
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
-
10,344
Trade creditors
493,422
359,719
Amounts owed to group undertakings and other participating interests
37,879
17,279
Taxes and social security
108,756
150,872
Other creditors
343,535
404,893
8
Creditors: amounts falling due after more than one year
2023
2022
Other creditors
308,032
264,858
The company's parent and ultimate parent company is MDJ Group Ltd which is incorporated in England.
10
Average number of employees
During the year the average number of employees was 24 (2022: 25).