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Registered number: 04286163

Dolphin Fitness Limited

FINANCIAL ACCOUNTS
FOR THE YEAR ENDED 31 OCTOBER 2023

Prepared By:
Tobin Associates Limited

Dolphin Fitness Limited

ACCOUNTS
FOR THE YEAR ENDED 31 OCTOBER 2023
DIRECTORS
Mr Ali Ariyan
REGISTERED OFFICE
30 Dolphin Road
Dolphin Industrial Estate
Shoreham- By- Sea
West Sussex
BN43 6PB
COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 04286163
ACCOUNTANTS
Tobin Associates Limited

Dolphin Fitness Limited

ACCOUNTS
FOR THEYEARENDED31 OCTOBER 2023
CONTENTS
Page
Directors' Report-
Statement Of Comprehensive Income-
Balance Sheet3
Notes To The Accounts4
The following do not form part of the statutory financial statements:
Trading And Profit And Loss Account-
Profit And Loss Account Summaries-

Dolphin Fitness Limited

BALANCE SHEET AT 31 October 2023
20232022
Notes££
FIXED ASSETS
Intangible assets3154,167164,167
Tangible assets475033,307
154,917197,474
CURRENT ASSETS
Stock1,675,6912,109,327
Debtors6400,513369,492
Cash at bank and in hand21710,234
2,076,4212,489,053
CREDITORS: Amounts falling due within one year71,450,8001,852,953
NET CURRENT ASSETS625,621636,100
TOTAL ASSETS LESS CURRENT LIABILITIES780,538833,574
CREDITORS: Amounts falling due after more than one year8-27,654
NET ASSETS780,538805,920
CAPITAL AND RESERVES
Called up share capital9100100
Other reserves10250,000250,000
Profit and loss account530,438555,820
SHAREHOLDERS' FUNDS780,538805,920
For the year ending 31 October 2023 the company was entitled to exemption 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 directors acknowledge their 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.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 27 June 2024 and signed on their behalf by
.............................
Mr Ali Ariyan
Director

Dolphin Fitness Limited

NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31 OCTOBER 2023
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .
1b. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Plant and Machineryreducing balance 25%
Fixtures and Fittingsreducing balance 15%
1c. Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell (net realisable value). Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs.
When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of stocks recognised as an expense in the period in which the reversal occurs.
1d. Goodwill
Goodwill arising in connection with the acquisition of businesses is capitalised and amortised over its estimated economic life to a maximum of 20 years. Goodwill is reviewed annually for impairment if events or changes in circumstances indicate that the carrying value may not be recoverable.

Dolphin Fitness Limited

2. EMPLOYEES
20232022
No.No.
Average number of employees--
3. INTANGIBLE FIXED ASSETS
Purchased
Domain NameGoodwillTotal
£££
Cost
At 1 November 202255,000220,000275,000
At 31 October 202355,000220,000275,000
Depreciation
At 1 November 2022-110,833110,833
For the year-10,00010,000
At 31 October 2023-120,833120,833
Net Book Amounts
At 31 October 202355,00099,167154,167
At 31 October 202255,000109,167164,167
4. TANGIBLE FIXED ASSETS
Plant andFixtures
Machineryand FittingsTotal
£££
Cost
At 1 November 202291,705686,949778,654
At 31 October 202391,705686,949778,654
Depreciation
At 1 November 202290,190655,157745,347
For the year76031,79732,557
At 31 October 202390,950686,954777,904
Net Book Amounts
At 31 October 2023755(5)750
At 31 October 20221,51531,79233,307

Dolphin Fitness Limited

5. STOCK 20232022
££
Stock comprises:
Stock1,675,6912,109,327
1,675,6912,109,327
6. DEBTORS 20232022
££
Amounts falling due within one year
Other debtors400,513360,631
Directors current account-8,861
400,513369,492
7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20232022
££
UK corporation tax17,83024,767
VAT71,266116,121
Directors current account6,531-
Loans104,473143,780
Trade creditors939,8891,254,687
Other creditors310,811313,598
1,450,8001,852,953
8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
20232022
££
Loans >1yr-27,654
-27,654

Dolphin Fitness Limited

9. SHARE CAPITAL 20232022
££
Allotted, issued and fully paid:
100 Ordinary shares of £1 each100100
100100
10. OTHER RESERVES 20232022
££
Other reserves250,000250,000
250,000250,000