1 May 2023 false No description of principal activity Taxfiler 2024.6 10722568business:PrivateLimitedCompanyLtd2023-05-012024-04-30 107225682023-04-30 107225682023-05-012024-04-30 10722568business:AuditExemptWithAccountantsReport2023-05-012024-04-30 10722568business:FilletedAccounts2023-05-012024-04-30 107225682024-04-30 107225682023-04-30 10722568core:WithinOneYear2024-04-30 10722568core:WithinOneYear2023-04-30 10722568core:AfterOneYear2024-04-30 10722568core:AfterOneYear2023-04-30 10722568core:ShareCapitalcore:PreviouslyStatedAmount2024-04-30 10722568core:ShareCapitalcore:PreviouslyStatedAmount2023-04-30 10722568core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-04-30 10722568core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-04-30 10722568core:PreviouslyStatedAmount2024-04-30 10722568core:PreviouslyStatedAmount2023-04-30 10722568business:SmallEntities2023-05-012024-04-30 10722568business:Director12023-05-012024-04-30 10722568countries:EnglandWales2023-05-012024-04-30 10722568business:RegisteredOffice2023-05-012024-04-30 10722568core:LandBuildings2023-05-012024-04-30 10722568core:PlantMachinery2023-05-012024-04-30 10722568core:FurnitureFittings2023-05-012024-04-30 10722568core:IntangibleAssetsOtherThanGoodwill2023-04-30 10722568core:IntangibleAssetsOtherThanGoodwill2023-05-012024-04-30 10722568core:IntangibleAssetsOtherThanGoodwill2024-04-30 10722568core:LandBuildings2023-04-30 10722568core:PlantMachinery2023-04-30 10722568core:FurnitureFittings2023-04-30 10722568core:LandBuildings2024-04-30 10722568core:PlantMachinery2024-04-30 10722568core:FurnitureFittings2024-04-30 10722568core:LandBuildingscore:LeasedAssetsHeldAsLessee2024-04-30 10722568core:LandBuildingscore:LeasedAssetsHeldAsLessee2023-04-30 10722568core:PlantMachinerycore:LeasedAssetsHeldAsLessee2024-04-30 10722568core:PlantMachinerycore:LeasedAssetsHeldAsLessee2023-04-30 10722568business:OrdinaryShareClass12023-05-012024-04-30 10722568business:OrdinaryShareClass12022-05-012023-04-30 10722568core:BetweenOneFiveYears2024-04-30 10722568core:BetweenOneFiveYears2023-04-30 10722568core:MoreThanFiveYears2024-04-30 10722568core:MoreThanFiveYears2023-04-30 107225682022-05-012023-04-30 iso4217:GBP xbrli:shares xbrli:pure
Company Registration No. 10722568 (England and Wales)
Kevid Fitness Limited Unaudited accounts for the year ended 30 April 2024
Kevid Fitness Limited Statement of financial position as at 30 April 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Intangible assets
32,915 
12,915 
Tangible assets
597,937 
646,991 
630,852 
659,906 
Current assets
Debtors
85,506 
54,459 
Cash at bank and in hand
916,905 
534,626 
1,002,411 
589,085 
Creditors: amounts falling due within one year
(588,998)
(456,793)
Net current assets
413,413 
132,292 
Total assets less current liabilities
1,044,265 
792,198 
Creditors: amounts falling due after more than one year
(551,637)
(589,547)
Net assets
492,628 
202,651 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
492,528 
202,551 
Shareholders' funds
492,628 
202,651 
For the year ending 30 April 2024 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 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 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 of Directors and authorised for issue on 31 January 2025 and were signed on its behalf by
K Barry Director Company Registration No. 10722568
- 2 -
Kevid Fitness Limited Notes to the Accounts for the year ended 30 April 2024
1
Statutory information
Kevid Fitness Limited is a private company, limited by shares, registered in England and Wales, registration number 10722568. The registered office is 32 New Park Road, LONDON, SW2 4UN.
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:
Land & buildings
Over term of lease
Plant & machinery
20% straight line
Fixtures & fittings
20% straight line
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Leased assets
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term. Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
- 3 -
Kevid Fitness Limited Notes to the Accounts for the year ended 30 April 2024
4
Intangible fixed assets
Other 
£ 
Cost
At 1 May 2023
50,000 
Additions
30,000 
At 30 April 2024
80,000 
Amortisation
At 1 May 2023
37,085 
Charge for the year
10,000 
At 30 April 2024
47,085 
Net book value
At 30 April 2024
32,915 
At 30 April 2023
12,915 
5
Tangible fixed assets
Land & buildings 
Plant & machinery 
Fixtures & fittings 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 May 2023
682,461 
364,624 
3,594 
1,050,679 
Additions
13,323 
149,046 
- 
162,369 
Disposals
- 
(145,686)
- 
(145,686)
At 30 April 2024
695,784 
367,984 
3,594 
1,067,362 
Depreciation
At 1 May 2023
196,998 
203,617 
3,073 
403,688 
Charge for the year
69,577 
136,104 
511 
206,192 
On disposals
- 
(140,455)
- 
(140,455)
At 30 April 2024
266,575 
199,266 
3,584 
469,425 
Net book value
At 30 April 2024
429,209 
168,718 
10 
597,937 
At 30 April 2023
485,463 
161,007 
521 
646,991 
2024 
2023 
Carrying values included above held under finance leases and hire purchase contracts:
£ 
£ 
- Land and buildings
162,814 
187,236 
- Plant & machinery
127,568 
124,685 
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
32,999 
14,748 
Accrued income and prepayments
14,483 
13,009 
Other debtors
38,024 
26,702 
85,506 
54,459 
- 4 -
Kevid Fitness Limited Notes to the Accounts for the year ended 30 April 2024
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Obligations under finance leases and hire purchase contracts
97,876 
109,191 
Trade creditors
82,200 
73,163 
Taxes and social security
172,754 
83,558 
Other creditors
11,756 
7,983 
Accruals
224,412 
182,898 
588,998 
456,793 
8
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Obligations under finance leases and hire purchase contracts
168,026 
196,897 
Other creditors
383,611 
392,650 
551,637 
589,547 
9
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
10
Operating lease commitments
2024 
2023 
£ 
£ 
At 30 April 2024 the company had the following future minimum lease payments under non-cancellable operating leases for each of the following periods:
Not later than one year
- 
43,767 
Later than one year and not later than five years
401,042 
- 
Later than five years
571,058 
682,899 
972,100 
726,666 
11
Average number of employees
During the year the average number of employees was 7 (2023: 6).
- 5 -