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REGISTERED NUMBER: 08027420 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 29 APRIL 2024

FOR

FITNESS4LESS GROUP LIMITED

FITNESS4LESS GROUP LIMITED (REGISTERED NUMBER: 08027420)

CONTENTS OF THE FINANCIAL STATEMENTS
For The Year Ended 29 April 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


FITNESS4LESS GROUP LIMITED

COMPANY INFORMATION
For The Year Ended 29 April 2024







DIRECTOR: M C Harris





REGISTERED OFFICE: 3 Roundhead Road
Theale
Reading
Berkshire
RG7 5DL





REGISTERED NUMBER: 08027420 (England and Wales)





ACCOUNTANTS: Redfin Management Limited
111 Charterhouse Street
Farringdon
London
EC1M 6AW

FITNESS4LESS GROUP LIMITED (REGISTERED NUMBER: 08027420)

BALANCE SHEET
29 April 2024

2024 2023
as restated
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 71,538 84,140
Investments 6 3 3
Investment property 7 550,508 550,508
622,049 634,651

CURRENT ASSETS
Debtors 8 1,048,397 878,408
Cash at bank 2,796 468
1,051,193 878,876
CREDITORS
Amounts falling due within one year 9 1,208,299 877,981
NET CURRENT (LIABILITIES)/ASSETS (157,106 ) 895
TOTAL ASSETS LESS CURRENT
LIABILITIES

464,943

635,546

CREDITORS
Amounts falling due after more than one
year

10

28,489

22,435
NET ASSETS 436,454 613,111

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 436,354 613,011
436,454 613,111

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 April 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

FITNESS4LESS GROUP LIMITED (REGISTERED NUMBER: 08027420)

BALANCE SHEET - continued
29 April 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 29 January 2025 and were signed by:





M C Harris - Director


FITNESS4LESS GROUP LIMITED (REGISTERED NUMBER: 08027420)

NOTES TO THE FINANCIAL STATEMENTS
For The Year Ended 29 April 2024


1. STATUTORY INFORMATION

Fitness4less Group Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 0, is being amortised evenly over its estimated useful life of nil years.

Intangible assets
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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Land and buildings - at variable rates on reducing balance
Plant and machinery etc - 20% on cost

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.


FITNESS4LESS GROUP LIMITED (REGISTERED NUMBER: 08027420)

NOTES TO THE FINANCIAL STATEMENTS - continued
For The Year Ended 29 April 2024


2. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 2 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 30 April 2023
and 29 April 2024 1,050,001
AMORTISATION
At 30 April 2023
and 29 April 2024 1,050,001
NET BOOK VALUE
At 29 April 2024 -
At 29 April 2023 -

FITNESS4LESS GROUP LIMITED (REGISTERED NUMBER: 08027420)

NOTES TO THE FINANCIAL STATEMENTS - continued
For The Year Ended 29 April 2024


5. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 30 April 2023 75,577 2,337,314 2,412,891
Additions - 1,280 1,280
At 29 April 2024 75,577 2,338,594 2,414,171
DEPRECIATION
At 30 April 2023 29,483 2,299,268 2,328,751
Charge for year 3,245 10,637 13,882
At 29 April 2024 32,728 2,309,905 2,342,633
NET BOOK VALUE
At 29 April 2024 42,849 28,689 71,538
At 29 April 2023 46,094 38,046 84,140

6. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 30 April 2023 3
Additions 125,000
Disposals (125,000 )
At 29 April 2024 3
NET BOOK VALUE
At 29 April 2024 3
At 29 April 2023 3

7. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 30 April 2023
and 29 April 2024 550,508
NET BOOK VALUE
At 29 April 2024 550,508
At 29 April 2023 550,508

FITNESS4LESS GROUP LIMITED (REGISTERED NUMBER: 08027420)

NOTES TO THE FINANCIAL STATEMENTS - continued
For The Year Ended 29 April 2024


7. INVESTMENT PROPERTY - continued

The directors believe that the fair value of the investment property is not materially different to the cost of £550,508

8. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
as restated
£    £   
Trade debtors 342,258 178,259
Amounts owed by group undertakings 183,502 387,551
Other debtors 522,637 312,598
1,048,397 878,408

9. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
as restated
£    £   
Bank loans and overdrafts 5,514 17,082
Trade creditors 105,838 146,715
Amounts owed to group undertakings 211,069 541,091
Taxation and social security 143,950 53,837
Other creditors 741,928 119,256
1,208,299 877,981

10. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
as restated
£    £   
Bank loans 28,489 22,435

FITNESS4LESS GROUP LIMITED (REGISTERED NUMBER: 08027420)

NOTES TO THE FINANCIAL STATEMENTS - continued
For The Year Ended 29 April 2024


11. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 29 April 2024 and 29 April 2023:

2024 2023
as restated
£    £   
M C Harris
Balance outstanding at start of year - 835,861
Amounts advanced 151,647 -
Amounts repaid - (835,861 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 151,647 -

This loan is interest free and repayable on demand