The Unit Fitness Group Ltd 13618699 false 2024-03-01 2025-02-28 2025-02-28 The principal activity of the company is fitness facilities. Digita Accounts Production Advanced 6.30.9574.0 true 13618699 2024-03-01 2025-02-28 13618699 2025-02-28 13618699 core:CurrentFinancialInstruments 2025-02-28 13618699 core:CurrentFinancialInstruments core:WithinOneYear 2025-02-28 13618699 core:FurnitureFittings 2025-02-28 13618699 core:LandBuildings core:OwnedOrFreeholdAssets 2025-02-28 13618699 core:OfficeEquipment 2025-02-28 13618699 core:PlantMachinery 2025-02-28 13618699 bus:SmallEntities 2024-03-01 2025-02-28 13618699 bus:AuditExemptWithAccountantsReport 2024-03-01 2025-02-28 13618699 bus:FilletedAccounts 2024-03-01 2025-02-28 13618699 bus:SmallCompaniesRegimeForAccounts 2024-03-01 2025-02-28 13618699 bus:RegisteredOffice 2024-03-01 2025-02-28 13618699 bus:Director1 2024-03-01 2025-02-28 13618699 bus:Director2 2024-03-01 2025-02-28 13618699 bus:PrivateLimitedCompanyLtd 2024-03-01 2025-02-28 13618699 core:ComputerEquipment 2024-03-01 2025-02-28 13618699 core:FurnitureFittings 2024-03-01 2025-02-28 13618699 core:LandBuildings core:OwnedOrFreeholdAssets 2024-03-01 2025-02-28 13618699 core:LeaseholdImprovements 2024-03-01 2025-02-28 13618699 core:OfficeEquipment 2024-03-01 2025-02-28 13618699 core:PlantMachinery 2024-03-01 2025-02-28 13618699 countries:EnglandWales 2024-03-01 2025-02-28 13618699 2024-02-29 13618699 core:FurnitureFittings 2024-02-29 13618699 core:LandBuildings core:OwnedOrFreeholdAssets 2024-02-29 13618699 core:OfficeEquipment 2024-02-29 13618699 core:PlantMachinery 2024-02-29 13618699 2023-03-01 2024-02-29 13618699 2024-02-29 13618699 core:CurrentFinancialInstruments 2024-02-29 13618699 core:CurrentFinancialInstruments core:WithinOneYear 2024-02-29 13618699 core:FurnitureFittings 2024-02-29 13618699 core:LandBuildings core:OwnedOrFreeholdAssets 2024-02-29 13618699 core:OfficeEquipment 2024-02-29 13618699 core:PlantMachinery 2024-02-29 iso4217:GBP xbrli:pure

Registration number: 13618699

The Unit Fitness Group Ltd

Unaudited Filleted Financial Statements

for the Year Ended 28 February 2025

 

The Unit Fitness Group Ltd

Contents

Company Information

1

Balance Sheet

2 to 3

Notes to the Unaudited Financial Statements

4 to 8

 

The Unit Fitness Group Ltd

Company Information

Directors

B S Bamforth

R M Ashworth

Registered office

Burn Farm
Buckstones Road
Oldham
Greater Manchester
OL1 4ST

 

The Unit Fitness Group Ltd

(Registration number: 13618699)
Balance Sheet as at 28 February 2025

Note

2025
£

2024
£

Fixed assets

 

Tangible assets

4

311,673

315,521

Current assets

 

Debtors

5

145,332

8,159

Cash at bank and in hand

 

12,921

39,275

 

158,253

47,434

Creditors: Amounts falling due within one year

6

(98,835)

(175,519)

Net current assets/(liabilities)

 

59,418

(128,085)

Total assets less current liabilities

 

371,091

187,436

Provisions for liabilities

(53,882)

(31,381)

Net assets

 

317,209

156,055

Capital and reserves

 

Called up share capital

100

100

Retained earnings

317,109

155,955

Shareholders' funds

 

317,209

156,055

For the financial year ending 28 February 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

 

The Unit Fitness Group Ltd

(Registration number: 13618699)
Balance Sheet as at 28 February 2025

Approved and authorised by the Board on 5 June 2025 and signed on its behalf by:
 

.........................................
B S Bamforth
Director

 

The Unit Fitness Group Ltd

Notes to the Unaudited Financial Statements for the Year Ended 28 February 2025

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Burn Farm
Buckstones Road
Oldham
Greater Manchester
OL1 4ST
England

These financial statements were authorised for issue by the Board on 5 June 2025.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax.

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

 

The Unit Fitness Group Ltd

Notes to the Unaudited Financial Statements for the Year Ended 28 February 2025

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

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

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Computer equipment

33% Straight Line

Fixtures and fittings

25% Reducing balance

Plant and machinery

20% Reducing balance

Leasehold improvements

5% Straight Line

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Leases

Leases in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operating leases. Payments made under operating leases are charged to profit or loss on a straight-line basis over the period of the lease.

 

The Unit Fitness Group Ltd

Notes to the Unaudited Financial Statements for the Year Ended 28 February 2025

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 2 (2024 - 2).

4

Tangible assets

Land and buildings
£

Fixtures and fittings
£

Plant and machinery
£

Office equipment
£

Cost or valuation

At 1 March 2024

95,180

664

303,332

2,790

Additions

14,661

953

39,722

1,355

Disposals

-

-

(118)

-

At 28 February 2025

109,841

1,617

342,936

4,145

Depreciation

At 1 March 2024

8,204

217

76,900

1,124

Charge for the year

5,492

350

53,207

1,382

Eliminated on disposal

-

-

(10)

-

At 28 February 2025

13,696

567

130,097

2,506

Carrying amount

At 28 February 2025

96,145

1,050

212,839

1,639

At 29 February 2024

86,976

447

226,432

1,666

 

The Unit Fitness Group Ltd

Notes to the Unaudited Financial Statements for the Year Ended 28 February 2025

Total
£

Cost or valuation

At 1 March 2024

401,966

Additions

56,691

Disposals

(118)

At 28 February 2025

458,539

Depreciation

At 1 March 2024

86,445

Charge for the year

60,431

Eliminated on disposal

(10)

At 28 February 2025

146,866

Carrying amount

At 28 February 2025

311,673

At 29 February 2024

315,521

Included within the net book value of land and buildings above is £96,145 (2024 - £86,976) in respect of freehold land and buildings.
 

5

Debtors

Note

2025
£

2024
£

Amounts owed by group undertakings and undertakings in which the company has a participating interest

143,166

5,956

Prepayments

 

2,166

2,203

 

145,332

8,159

 

The Unit Fitness Group Ltd

Notes to the Unaudited Financial Statements for the Year Ended 28 February 2025

6

Creditors

Creditors: amounts falling due within one year

2025
£

2024
£

Due within one year

Trade creditors

5,644

10,848

Taxation and social security

49,073

9,140

Accruals and deferred income

4,620

3,005

Other creditors

39,498

152,526

98,835

175,519