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
RS1 Fitness Ltd
Company Information
for the year ended 31 May 2024
Company Number
10083894 (England and Wales)
Registered Office
Unit 47 Basepoint Centre
Dartford Business Park, Victoria Road
Dartford
Kent
DA1 5FS
United Kingdom
RS1 Fitness Ltd
Statement of financial position
as at 31 May 2024
Tangible assets
415,726
453,796
Cash at bank and in hand
2,825
3,873
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)
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
RS1 Fitness Ltd
Notes to the Accounts
for the year ended 31 May 2024
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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
At 31 May 2024
428,172
791,728
1,219,900
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
At 31 May 2024
135,880
279,846
415,726
At 31 May 2023
159,859
293,937
453,796
RS1 Fitness Ltd
Notes to the Accounts
for the year ended 31 May 2024
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
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
7
Creditors: amounts falling due after more than one year
2024
2023
Bank loans
166,219
201,299
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).