Acorah Software Products - Accounts Production 15.0.600 false true 31 January 2023 1 February 2022 false 1 February 2023 31 January 2024 31 January 2024 08380711 Mr Antony Tagliamonti iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 08380711 2023-01-31 08380711 2024-01-31 08380711 2023-02-01 2024-01-31 08380711 frs-core:CurrentFinancialInstruments 2024-01-31 08380711 frs-core:ComputerEquipment 2024-01-31 08380711 frs-core:ComputerEquipment 2023-02-01 2024-01-31 08380711 frs-core:ComputerEquipment 2023-01-31 08380711 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2023-02-01 2024-01-31 08380711 frs-core:FurnitureFittings 2024-01-31 08380711 frs-core:FurnitureFittings 2023-02-01 2024-01-31 08380711 frs-core:FurnitureFittings 2023-01-31 08380711 frs-core:OtherResidualIntangibleAssets 2024-01-31 08380711 frs-core:OtherResidualIntangibleAssets 2023-02-01 2024-01-31 08380711 frs-core:OtherResidualIntangibleAssets 2023-01-31 08380711 frs-core:PlantMachinery 2024-01-31 08380711 frs-core:PlantMachinery 2023-02-01 2024-01-31 08380711 frs-core:PlantMachinery 2023-01-31 08380711 frs-core:OtherReservesSubtotal 2024-01-31 08380711 frs-core:ShareCapital 2024-01-31 08380711 frs-core:RetainedEarningsAccumulatedLosses 2024-01-31 08380711 frs-bus:PrivateLimitedCompanyLtd 2023-02-01 2024-01-31 08380711 frs-bus:FilletedAccounts 2023-02-01 2024-01-31 08380711 frs-bus:SmallEntities 2023-02-01 2024-01-31 08380711 frs-bus:AuditExempt-NoAccountantsReport 2023-02-01 2024-01-31 08380711 frs-bus:SmallCompaniesRegimeForAccounts 2023-02-01 2024-01-31 08380711 frs-bus:Director1 2023-02-01 2024-01-31 08380711 frs-countries:EnglandWales 2023-02-01 2024-01-31 08380711 2022-01-31 08380711 2023-01-31 08380711 2022-02-01 2023-01-31 08380711 frs-core:CurrentFinancialInstruments 2023-01-31 08380711 frs-core:OtherReservesSubtotal 2023-01-31 08380711 frs-core:ShareCapital 2023-01-31 08380711 frs-core:RetainedEarningsAccumulatedLosses 2023-01-31
Registered number: 08380711
Define Fitness Limited
Unaudited Financial Statements
For The Year Ended 31 January 2024
Rodliffe Accounting Limited
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 08380711
2024 2023
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 36,000 40,500
Tangible Assets 5 40,469 47,255
76,469 87,755
CURRENT ASSETS
Debtors 6 122,658 82,522
Cash at bank and in hand 24,939 145,499
147,597 228,021
Creditors: Amounts Falling Due Within One Year 7 (210,504 ) (306,597 )
NET CURRENT ASSETS (LIABILITIES) (62,907 ) (78,576 )
TOTAL ASSETS LESS CURRENT LIABILITIES 13,562 9,179
PROVISIONS FOR LIABILITIES
Deferred Taxation (7,689 ) (8,979 )
NET ASSETS 5,873 200
CAPITAL AND RESERVES
Called up share capital 8 200 200
Other reserves 164,900 164,900
Profit and Loss Account (159,227 ) (164,900 )
SHAREHOLDERS' FUNDS 5,873 200
Page 1
Page 2
For the year ending 31 January 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Antony Tagliamonti
Director
18/10/2024
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Define Fitness Limited is a private company, limited by shares, incorporated in England & Wales, registered number 08380711 . The registered office is C/O Rodliffe Accounting Ltd 1 Canada Sq 37th Floor, Canary Wharf, London, E14 5AA.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Intangible Fixed Assets and Amortisation - Other Intangible
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any
accumulated amortisation and any accumulated impairment losses.
Patents,licese,trade mark cost-franchise fees
Franchise fee will be amoortised over 5 Years.
Rights
Rights are being amortised evenly over 10 years.


2.4. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Plant & Machinery Straight line over 5 years
Fixtures & Fittings Straight line over 15 years
Computer Equipment Straight line over 5 years
2.5. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
...CONTINUED
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2.5. Taxation - continued
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 5 (2023: 4)
5 4
4. Intangible Assets
Other
£
Cost
As at 1 February 2023 64,500
As at 31 January 2024 64,500
Amortisation
As at 1 February 2023 24,000
Provided during the period 4,500
As at 31 January 2024 28,500
Net Book Value
As at 31 January 2024 36,000
As at 1 February 2023 40,500
5. Tangible Assets
Plant & Machinery Fixtures & Fittings Computer Equipment Total
£ £ £ £
Cost
As at 1 February 2023 16,914 112,926 31,764 161,604
Additions 3,487 - - 3,487
As at 31 January 2024 20,401 112,926 31,764 165,091
Depreciation
As at 1 February 2023 114,029 71,060 (70,740 ) 114,349
Provided during the period - 7,114 3,159 10,273
As at 31 January 2024 114,029 78,174 (67,581 ) 124,622
Net Book Value
As at 31 January 2024 (93,628 ) 34,752 99,345 40,469
As at 1 February 2023 (97,115 ) 41,866 102,504 47,255
Page 4
Page 5
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 65,477 59,621
Prepayments and accrued income 9,931 11,052
Other debtors 47,250 11,849
122,658 82,522
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 6,964 208,925
Bank loans and overdrafts 24,111 34,024
Corporation tax 4,988 8,117
Other taxes and social security 1,083 1,111
VAT 1,364 19,805
Other creditors 162,563 24,259
Accruals and deferred income 9,431 10,356
210,504 306,597
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 200 200
9. Related Party Transactions
Related Party Disclosures
During the financial year, the company entered into transactions with its associated companies, Scoffs (IU) Ltd and AT Leisure Services Limited, both of which are related parties by virtue of common control.
  • Included in debtors is an amount of £40,000 due from Scoffs (IU) Ltd.
  • Included in creditors is an amount of £126,792 due to AT Leisure Services Limited.
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