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Company Registration No. 10083894 (England and Wales)
RS1 Fitness Ltd Unaudited accounts for the year ended 31 May 2024
RS1 Fitness Ltd Unaudited accounts Contents
Page
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RS1 Fitness Ltd Company Information for the year ended 31 May 2024
Director
Mr V Sharma
Company Number
10083894 (England and Wales)
Registered Office
Unit 47 Basepoint Centre Dartford Business Park, Victoria Road Dartford Kent DA1 5FS United Kingdom
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RS1 Fitness Ltd Statement of financial position as at 31 May 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
415,726 
453,796 
Current assets
Debtors
145,867 
88,588 
Cash at bank and in hand
2,825 
3,873 
148,692 
92,461 
Creditors: amounts falling due within one year
(1,404,497)
(1,330,500)
Net current liabilities
(1,255,805)
(1,238,039)
Total assets less current liabilities
(840,079)
(784,243)
Creditors: amounts falling due after more than one year
(166,219)
(201,299)
Net liabilities
(1,006,298)
(985,542)
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
(1,006,299)
(985,543)
Shareholders' funds
(1,006,298)
(985,542)
For the year ending 31 May 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 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 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 and authorised for issue on 28 February 2025 and were signed on its behalf by
Mr V Sharma Director Company Registration No. 10083894
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RS1 Fitness Ltd Notes to the Accounts for the year ended 31 May 2024
1
Statutory information
RS1 Fitness Ltd is a private company, limited by shares, registered in England and Wales, registration number 10083894. The registered office is Unit 47 Basepoint Centre , Dartford Business Park, Victoria Road, Dartford, Kent, DA1 5FS, United Kingdom.
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:
Plant & machinery
15% Reducing balance
Fixtures & fittings
15% Reducing balance
4
Tangible fixed assets
Plant & machinery 
Fixtures & fittings 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 June 2023
428,172 
761,728 
1,189,900 
Additions
- 
30,000 
30,000 
At 31 May 2024
428,172 
791,728 
1,219,900 
Depreciation
At 1 June 2023
268,313 
467,791 
736,104 
Charge for the year
23,979 
44,091 
68,070 
At 31 May 2024
292,292 
511,882 
804,174 
Net book value
At 31 May 2024
135,880 
279,846 
415,726 
At 31 May 2023
159,859 
293,937 
453,796 
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RS1 Fitness Ltd Notes to the Accounts for the year ended 31 May 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
55,906 
59,107 
Amounts due from group undertakings etc.
45,163 
- 
Other debtors
44,798 
29,481 
145,867 
88,588 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
42,468 
253,047 
Trade creditors
115,745 
218,452 
Amounts owed to group undertakings and other participating interests
1,225,503 
841,198 
Taxes and social security
8,489 
7,140 
Other creditors
10,292 
8,663 
Accruals
2,000 
2,000 
1,404,497 
1,330,500 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
166,219 
201,299 
8
Controlling party
The company is controlled by DPRS Liverpool which is registered in England.
9
Average number of employees
During the year the average number of employees was 9 (2023: 10).
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