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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
Page
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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
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R & D Fitness Limited Statement of financial position as at 31 August 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Intangible assets
41,201 
54,934 
Tangible assets
970,546 
1,128,335 
1,011,747 
1,183,269 
Current assets
Debtors
456,409 
495,446 
Cash at bank and in hand
121,982 
118,750 
578,391 
614,196 
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 
Capital and reserves
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
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R & D Fitness Limited Notes to the Accounts for the year ended 31 August 2023
1
Statutory information
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.
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:
Plant & machinery
15% Reducing Balance
Fixtures & fittings
15% Reducing Balance
Intangible fixed assets
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 
£ 
Cost
At 1 September 2022
143,333 
At 31 August 2023
143,333 
Amortisation
At 1 September 2022
88,399 
Charge for the year
13,733 
At 31 August 2023
102,132 
Net book value
At 31 August 2023
41,201 
At 31 August 2022
54,934 
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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 
Depreciation
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 
Net book value
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 
6
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Amounts due from group undertakings etc.
311,663 
464,170 
Other debtors
144,746 
31,276 
456,409 
495,446 
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 
983,592 
943,107 
8
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
30,597 
39,690 
Other creditors
308,032 
264,858 
338,629 
304,548 
9
Controlling party
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).
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