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REGISTERED NUMBER: 11396649 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 June 2024

for

Trifit Gym Ltd.

Trifit Gym Ltd. (Registered number: 11396649)






Contents of the Financial Statements
for the Year Ended 30 June 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Trifit Gym Ltd.

Company Information
for the Year Ended 30 June 2024







DIRECTOR: Mr J A HollingsworthPalfrey





REGISTERED OFFICE: 24 Shepherds Bush Road
London
W6 7PJ





REGISTERED NUMBER: 11396649 (England and Wales)





ACCOUNTANTS: Thomas Croft Limited
Accountants And Taxation Consultants
Solent House
107a Alma Road
Portswood
Southampton
Hampshire
SO14 6UY

Trifit Gym Ltd. (Registered number: 11396649)

Balance Sheet
30 June 2024

30.6.24 30.6.23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 5,968 5,968
Tangible assets 5 459,721 472,438
465,689 478,406

CURRENT ASSETS
Debtors 6 13,757 10,934
Cash at bank 2,320 793
16,077 11,727
CREDITORS
Amounts falling due within one year 7 672,629 645,269
NET CURRENT LIABILITIES (656,552 ) (633,542 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(190,863

)

(155,136

)

CREDITORS
Amounts falling due after more than one
year

8

39,808

43,513
NET LIABILITIES (230,671 ) (198,649 )

Trifit Gym Ltd. (Registered number: 11396649)

Balance Sheet - continued
30 June 2024

30.6.24 30.6.23
Notes £    £    £    £   
CAPITAL AND RESERVES
Called up share capital 9 1 1
Retained earnings 10 (230,672 ) (198,650 )
SHAREHOLDERS' FUNDS (230,671 ) (198,649 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 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.

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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 23 March 2025 and were signed by:





Mr J A HollingsworthPalfrey - Director


Trifit Gym Ltd. (Registered number: 11396649)

Notes to the Financial Statements
for the Year Ended 30 June 2024

1. STATUTORY INFORMATION

Trifit Gym Ltd. 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.

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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 25% on reducing balance
Fixtures and fittings - 25% on reducing balance
Computer equipment - 33% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 6 ) .

Trifit Gym Ltd. (Registered number: 11396649)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024

4. INTANGIBLE FIXED ASSETS
Computer
software
£   
COST
At 1 July 2023
and 30 June 2024 5,968
NET BOOK VALUE
At 30 June 2024 5,968
At 30 June 2023 5,968

5. TANGIBLE FIXED ASSETS
Improvements Fixtures
to Plant and and Computer
property machinery fittings equipment Totals
£    £    £    £    £   
COST
At 1 July 2023 409,681 118,997 13,008 6,326 548,012
Additions - - 838 3,313 4,151
At 30 June 2024 409,681 118,997 13,846 9,639 552,163
DEPRECIATION
At 1 July 2023 - 62,441 7,277 5,856 75,574
Charge for year - 14,148 1,608 1,112 16,868
At 30 June 2024 - 76,589 8,885 6,968 92,442
NET BOOK VALUE
At 30 June 2024 409,681 42,408 4,961 2,671 459,721
At 30 June 2023 409,681 56,556 5,731 470 472,438

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£    £   
Trade debtors 2,823 -
Other debtors 10,934 10,934
13,757 10,934

Trifit Gym Ltd. (Registered number: 11396649)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£    £   
VAT 3,813 2,947
Other creditors 623,857 612,259
Directors' current accounts 43,459 28,613
Accrued expenses 1,500 1,450
672,629 645,269

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
30.6.24 30.6.23
£    £   
Bank loans - 2-5 years 39,808 43,513

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.6.24 30.6.23
value: £    £   
1 Ordinary £1 1 1

10. RESERVES
Retained
earnings
£   

At 1 July 2023 (198,650 )
Deficit for the year (32,022 )
At 30 June 2024 (230,672 )

Trifit Gym Ltd. (Registered number: 11396649)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024

11. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 30 June 2024 and 30 June 2023:

30.6.24 30.6.23
£    £   
Mr J P Armstrong
Balance outstanding at start of year - (73,830 )
Amounts advanced - 73,830
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year - -

Mr J A HollingsworthPalfrey
Balance outstanding at start of year (28,613 ) -
Amounts advanced 722 -
Amounts repaid (15,568 ) (28,613 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (43,459 ) (28,613 )

12. RELATED PARTY DISCLOSURES

The company has been under the control of Rebel24 Ltd since the 30th August 2022. Mr J Hollingsworth-Palfrey is the managing director of the company.

Included with "other creditors" are amounts owed by H E Law Limited £477,220 (2023: £472,220) and Nikjam Enterprises Ltd £61,259 (£2023: £57,209) companies that Mr J Hollingsworth-Palfrey is a director and shareholder of.

Included in Sales is £2823 invoiced to Rebel 24 Limited a company controlled by Mr James Hollingsworth-Palfrey.