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REGISTERED NUMBER: 14822755















Unaudited Financial Statements for the Year Ended 31 March 2025

for

ReFit Group Ltd

ReFit Group Ltd (Registered number: 14822755)

Contents of the Financial Statements
for the Year Ended 31 March 2025










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


ReFit Group Ltd

Company Information
for the Year Ended 31 March 2025







DIRECTORS: S M Duda
J D Lakhani
H O Sims





REGISTERED OFFICE: 86-90 Paul Street
London
England
EC2A 4NE





REGISTERED NUMBER: 14822755





ACCOUNTANTS: Bracey's Accountants (Stevenage) Limited
18-20 High Street
Stevenage
Hertfordshire
SG1 3EJ

ReFit Group Ltd (Registered number: 14822755)

Balance Sheet
31 March 2025

2025 2024
Notes £    £    £   
FIXED ASSETS
Intangible assets 4 2,798 3,127
Tangible assets 5 14,223 11,113
17,021 14,240

CURRENT ASSETS
Stocks 2,719 2,000
Debtors 6 165,343 116,491
Cash at bank 1,107,604 117,767
1,275,666 236,258
CREDITORS
Amounts falling due within one year 7 451,180 135,973
NET CURRENT ASSETS 824,486 100,285
TOTAL ASSETS LESS CURRENT
LIABILITIES

841,507

114,525

PROVISIONS FOR LIABILITIES (89,177 ) -
NET ASSETS 930,684 114,525

CAPITAL AND RESERVES
Called up share capital 2 1
Share premium 1,344,503 219,926
Retained earnings (413,821 ) (105,402 )
930,684 114,525

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

ReFit Group Ltd (Registered number: 14822755)

Balance Sheet - continued
31 March 2025


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 Board of Directors and authorised for issue on 10 May 2025 and were signed on its behalf by:





S M Duda - Director


ReFit Group Ltd (Registered number: 14822755)

Notes to the Financial Statements
for the Year Ended 31 March 2025


1. STATUTORY INFORMATION

ReFit Group Ltd is a private company, limited by shares , registered in Not specified/Other. 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.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Website costs is being amortised evenly over its estimated useful life of ten years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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

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.

ReFit Group Ltd (Registered number: 14822755)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2025


3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 8 (2024 - 2 ) .

4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST
At 1 April 2024
and 31 March 2025 3,292
AMORTISATION
At 1 April 2024 165
Charge for year 329
At 31 March 2025 494
NET BOOK VALUE
At 31 March 2025 2,798
At 31 March 2024 3,127

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2024 12,021
Additions 8,485
At 31 March 2025 20,506
DEPRECIATION
At 1 April 2024 908
Charge for year 5,375
At 31 March 2025 6,283
NET BOOK VALUE
At 31 March 2025 14,223
At 31 March 2024 11,113

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade debtors 55,077 91,846
Retentions held 78,972 -
Other debtors 31,294 24,645
165,343 116,491

ReFit Group Ltd (Registered number: 14822755)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2025


7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Pensions payable 1,814 592
Trade creditors 37,120 1,478
Taxation and social security 37,498 6,525
Other creditors 374,748 127,378
451,180 135,973

8. OTHER FINANCIAL COMMITMENTS

The total amount of financial commitments not included in the balance sheet is £6,750. This is in relation business' premises. The lease is on a one month rolling contract.

9. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 March 2025 and 31 March 2024:

2025 2024
£    £   
S M Duda
Balance outstanding at start of year (207 ) -
Amounts repaid (3,988 ) (207 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (4,195 ) (207 )

P J L Lorimer-Wing
Balance outstanding at start of year (26 ) -
Amounts repaid (312 ) (26 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (338 ) (26 )

H O Sims
Balance outstanding at start of year (182 ) -
Amounts repaid (312 ) (182 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (494 ) (182 )

10. ULTIMATE CONTROLLING PARTY

The controlling party is S M Duda.

The ultimate controlling party is S M Duda.