IRIS Accounts Production v25.1.4.42 11689505 Board of Directors 1.12.23 30.11.24 30.11.24 false true false false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh116895052023-11-30116895052024-11-30116895052023-12-012024-11-30116895052022-11-30116895052022-12-012023-11-30116895052023-11-3011689505ns15:EnglandWales2023-12-012024-11-3011689505ns14:PoundSterling2023-12-012024-11-3011689505ns10:Director12023-12-012024-11-3011689505ns10:PrivateLimitedCompanyLtd2023-12-012024-11-3011689505ns10:SmallEntities2023-12-012024-11-3011689505ns10:AuditExempt-NoAccountantsReport2023-12-012024-11-3011689505ns10:SmallCompaniesRegimeForDirectorsReport2023-12-012024-11-3011689505ns10:SmallCompaniesRegimeForAccounts2023-12-012024-11-3011689505ns10:FullAccounts2023-12-012024-11-301168950512023-12-012024-11-3011689505ns10:OrdinaryShareClass12023-12-012024-11-3011689505ns10:Director22023-12-012024-11-3011689505ns10:CompanySecretary12023-12-012024-11-3011689505ns10:RegisteredOffice2023-12-012024-11-3011689505ns5:CurrentFinancialInstruments2024-11-3011689505ns5:CurrentFinancialInstruments2023-11-3011689505ns5:ShareCapital2024-11-3011689505ns5:ShareCapital2023-11-3011689505ns5:RetainedEarningsAccumulatedLosses2024-11-3011689505ns5:RetainedEarningsAccumulatedLosses2023-11-3011689505ns5:IntangibleAssetsOtherThanGoodwill2023-12-012024-11-3011689505ns5:PatentsTrademarksLicencesConcessionsSimilar2023-12-012024-11-3011689505ns5:LongLeaseholdAssetsns5:LandBuildings2023-12-012024-11-3011689505ns5:PlantMachinery2023-12-012024-11-3011689505ns5:FurnitureFittings2023-12-012024-11-3011689505ns5:ComputerEquipment2023-12-012024-11-3011689505ns5:PatentsTrademarksLicencesConcessionsSimilar2023-11-3011689505ns5:PatentsTrademarksLicencesConcessionsSimilar2024-11-3011689505ns5:PatentsTrademarksLicencesConcessionsSimilar2023-11-3011689505ns5:LongLeaseholdAssetsns5:LandBuildings2023-11-3011689505ns5:PlantMachinery2023-11-3011689505ns5:FurnitureFittings2023-11-3011689505ns5:ComputerEquipment2023-11-3011689505ns5:LongLeaseholdAssetsns5:LandBuildings2024-11-3011689505ns5:PlantMachinery2024-11-3011689505ns5:FurnitureFittings2024-11-3011689505ns5:ComputerEquipment2024-11-3011689505ns5:LongLeaseholdAssetsns5:LandBuildings2023-11-3011689505ns5:PlantMachinery2023-11-3011689505ns5:FurnitureFittings2023-11-3011689505ns5:ComputerEquipment2023-11-3011689505ns5:WithinOneYearns5:CurrentFinancialInstruments2024-11-3011689505ns5:WithinOneYearns5:CurrentFinancialInstruments2023-11-3011689505ns5:CurrentFinancialInstruments2023-12-012024-11-3011689505ns10:OrdinaryShareClass12024-11-30
REGISTERED NUMBER: 11689505 (England and Wales)











HASTINGS FITNESS LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30TH NOVEMBER 2024






HASTINGS FITNESS LIMITED (REGISTERED NUMBER: 11689505)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30TH NOVEMBER 2024










Page

Company Information 1

Balance Sheet 2 to 3

Notes to the Financial Statements 4 to 6


HASTINGS FITNESS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30TH NOVEMBER 2024







DIRECTORS: G S Cheema
S S Cheema





SECRETARY: Mrs O Cheema





REGISTERED OFFICE: 20 Eversley Road
Bexhill-on-Sea
East Sussex
TN40 1HE





REGISTERED NUMBER: 11689505 (England and Wales)





ACCOUNTANTS: Gibbons Mannington & Phipps LLP
Chartered Accountants
20 Eversley Road
Bexhill-on-Sea
East Sussex
TN40 1HE

HASTINGS FITNESS LIMITED (REGISTERED NUMBER: 11689505)

BALANCE SHEET
30TH NOVEMBER 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 40,500 46,500
Tangible assets 5 255,734 292,865
296,234 339,365

CURRENT ASSETS
Debtors 6 16,825 16,521
Cash at bank 46,339 32,376
63,164 48,897
CREDITORS
Amounts falling due within one year 7 283,019 395,772
NET CURRENT LIABILITIES (219,855 ) (346,875 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

76,379

(7,510

)

PROVISIONS FOR LIABILITIES 2,776 3,004
NET ASSETS/(LIABILITIES) 73,603 (10,514 )

CAPITAL AND RESERVES
Called up share capital 8 100 100
Retained earnings 73,503 (10,614 )
SHAREHOLDERS' FUNDS 73,603 (10,514 )

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30th November 2024 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.

HASTINGS FITNESS LIMITED (REGISTERED NUMBER: 11689505)

BALANCE SHEET - continued
30TH NOVEMBER 2024


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 28th June 2025 and were signed on its behalf by:





G S Cheema - Director


HASTINGS FITNESS LIMITED (REGISTERED NUMBER: 11689505)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30TH NOVEMBER 2024


1. STATUTORY INFORMATION

Hastings Fitness Limited 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Patents and licences are being amortised evenly over their estimated useful life of ten years.

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

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.

HASTINGS FITNESS LIMITED (REGISTERED NUMBER: 11689505)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30TH NOVEMBER 2024


2. ACCOUNTING POLICIES - continued

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 3 (2023 - 3 ) .

4. INTANGIBLE FIXED ASSETS
Patents
and
licences
£   
COST
At 1st December 2023
and 30th November 2024 60,000
AMORTISATION
At 1st December 2023 13,500
Amortisation for year 6,000
At 30th November 2024 19,500
NET BOOK VALUE
At 30th November 2024 40,500
At 30th November 2023 46,500

5. TANGIBLE FIXED ASSETS
Fixtures
Long Plant and and Computer
leasehold machinery fittings equipment Totals
£    £    £    £    £   
COST
At 1st December 2023 362,162 17,462 1,620 1,527 382,771
Additions - 2,655 135 - 2,790
At 30th November 2024 362,162 20,117 1,755 1,527 385,561
DEPRECIATION
At 1st December 2023 81,314 7,022 687 883 89,906
Charge for year 36,219 3,272 269 161 39,921
At 30th November 2024 117,533 10,294 956 1,044 129,827
NET BOOK VALUE
At 30th November 2024 244,629 9,823 799 483 255,734
At 30th November 2023 280,848 10,440 933 644 292,865

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 16,825 16,521

HASTINGS FITNESS LIMITED (REGISTERED NUMBER: 11689505)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30TH NOVEMBER 2024


7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 868 4,850
Taxation and social security 54,626 29,520
Other creditors 227,525 361,402
283,019 395,772

Within other creditors is £200,659 (2023 - £282,732) which is owed to associated companies owed by the directors.

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
100 Ordinary £1.00 100 100