Company registration number 03649447 (England and Wales)
MUSCLE IN LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 JUNE 2025
PAGES FOR FILING WITH REGISTRAR
MUSCLE IN LIMITED
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 5
MUSCLE IN LIMITED
BALANCE SHEET
AS AT
30 JUNE 2025
30 June 2025
- 1 -
30 June 2025
31 December 2023
Notes
£
£
£
£
Fixed assets
Tangible assets
5
-
0
18,022
Current assets
Stocks
-
126,774
Debtors
6
8,931
74,872
Cash at bank and in hand
81,299
216,808
90,230
418,454
Creditors: amounts falling due within one year
7
(90,228)
(19,822)
Net current assets
2
398,632
Total assets less current liabilities
2
416,654
Provisions for liabilities
-
0
(3,424)
Net assets
2
413,230
Capital and reserves
Called up share capital
2
2
Profit and loss reserves
-
0
413,228
Total equity
2
413,230

For the financial Period ended 30 June 2025 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 of its financial statements for the Period in question in accordance with section 476.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The director of the company has elected not to include a copy of the profit and loss account within the financial statements.true

The financial statements were approved by the board of directors and authorised for issue on 4 August 2025 and are signed on its behalf by:
Mr P Smith
Director
Company registration number 03649447 (England and Wales)
MUSCLE IN LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 JUNE 2025
- 2 -
1
Accounting policies
Company information

Muscle In Limited is a private company limited by shares incorporated in England and Wales. The registered office is 3a, London Road, Purbrook, Waterlooville, Hampshire, United Kingdom, PO7 5LQ.

1.1
Reporting period

The company has changed it's year end to coincide with the closure of the business. The comparative figures are for a twelve month period.

1.2
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

1.3
Turnover

Revenue comprises sales of goods relating to nutritional supplements.

1.4
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Plant and equipment
33% on cost
Fixtures and fittings
15% on reducing balance
Computers
33% on cost

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

1.5
Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell.

1.6
Taxation

The tax expense represents the sum of the tax currently payable and deferred tax.

Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

MUSCLE IN LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE PERIOD ENDED 30 JUNE 2025
1
Accounting policies
(Continued)
- 3 -
Deferred tax

Deferred tax liabilities are generally recognised for all timing differences and deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Such assets and liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit.

 

The carrying amount of deferred tax assets is reviewed at each reporting end date and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered. Deferred tax is calculated at the tax rates that are expected to apply in the period when the liability is settled or the asset is realised. Deferred tax is charged or credited in the profit and loss account, except when it relates to items charged or credited directly to equity, in which case the deferred tax is also dealt with in equity. Deferred tax assets and liabilities are offset when the company has a legally enforceable right to offset current tax assets and liabilities and the deferred tax assets and liabilities relate to taxes levied by the same tax authority.

1.7
Retirement benefits

Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

2
Judgements and key sources of estimation uncertainty

In the application of the company’s accounting policies, the director is required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

 

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

3
Employees

The average monthly number of persons (including directors) employed by the company during the Period was:

2025
2023
Number
Number
Total
3
4
MUSCLE IN LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE PERIOD ENDED 30 JUNE 2025
- 4 -
4
Intangible fixed assets
Other
£
Cost
At 1 January 2024
11,462
Disposals
(11,462)
At 30 June 2025
-
0
Amortisation and impairment
At 1 January 2024
11,462
Disposals
(11,462)
At 30 June 2025
-
0
Carrying amount
At 30 June 2025
-
0
At 31 December 2023
-
0
5
Tangible fixed assets
Plant and equipment
Fixtures and fittings
Computers
Total
£
£
£
£
Cost
At 1 January 2024
3,994
50,571
11,961
66,526
Additions
1,408
-
0
-
0
1,408
Disposals
(5,402)
(50,571)
(11,961)
(67,934)
At 30 June 2025
-
0
-
0
-
0
-
0
Depreciation and impairment
At 1 January 2024
3,775
33,282
11,447
48,504
Depreciation charged in the Period
772
3,325
342
4,439
Eliminated in respect of disposals
(4,547)
(36,607)
(11,789)
(52,943)
At 30 June 2025
-
0
-
0
-
0
-
0
Carrying amount
At 30 June 2025
-
0
-
0
-
0
-
0
At 31 December 2023
219
17,289
514
18,022
MUSCLE IN LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE PERIOD ENDED 30 JUNE 2025
- 5 -
6
Debtors
2025
2023
Amounts falling due within one year:
£
£
Trade debtors
3,716
36,612
Corporation tax recoverable
-
0
566
Amounts owed by group undertakings
-
0
15,000
Other debtors
5,215
22,694
8,931
74,872
7
Creditors: amounts falling due within one year
2025
2023
£
£
Amounts owed to group undertakings
37,935
-
0
Corporation tax
28,844
-
0
Other taxation and social security
18,588
12,692
Other creditors
4,861
7,130
90,228
19,822
9
Parent company

The ultimate parent company is Time 4 Properties Limited, 1a Billet Avenue, Waterlooville, PO7 7SZ.

2025-06-302024-01-01falsefalsefalse04 August 2025CCH SoftwareCCH Accounts Production 2025.100No description of principal activityMr Paul SmithMrs K M Smith036494472024-01-012025-06-30036494472025-06-30036494472023-12-3103649447core:PlantMachinery2025-06-3003649447core:FurnitureFittings2025-06-3003649447core:ComputerEquipment2025-06-3003649447core:PlantMachinery2023-12-3103649447core:FurnitureFittings2023-12-3103649447core:ComputerEquipment2023-12-3103649447core:CurrentFinancialInstrumentscore:WithinOneYear2025-06-3003649447core:CurrentFinancialInstrumentscore:WithinOneYear2023-12-3103649447core:ShareCapital2025-06-3003649447core:ShareCapital2023-12-3103649447core:RetainedEarningsAccumulatedLosses2025-06-3003649447core:RetainedEarningsAccumulatedLosses2023-12-3103649447bus:Director12024-01-012025-06-3003649447core:PlantMachinery2024-01-012025-06-3003649447core:FurnitureFittings2024-01-012025-06-3003649447core:ComputerEquipment2024-01-012025-06-30036494472023-01-012023-12-3103649447core:IntangibleAssetsOtherThanGoodwill2023-12-3103649447core:IntangibleAssetsOtherThanGoodwill2025-06-3003649447core:IntangibleAssetsOtherThanGoodwill2024-01-012025-06-3003649447core:IntangibleAssetsOtherThanGoodwill2023-12-3103649447core:PlantMachinery2023-12-3103649447core:FurnitureFittings2023-12-3103649447core:ComputerEquipment2023-12-31036494472023-12-3103649447core:CurrentFinancialInstruments2025-06-3003649447core:CurrentFinancialInstruments2023-12-3103649447core:WithinOneYear2025-06-3003649447core:WithinOneYear2023-12-3103649447bus:PrivateLimitedCompanyLtd2024-01-012025-06-3003649447bus:SmallCompaniesRegimeForAccounts2024-01-012025-06-3003649447bus:FRS1022024-01-012025-06-3003649447bus:AuditExemptWithAccountantsReport2024-01-012025-06-3003649447bus:Director22024-01-012025-06-3003649447bus:FullAccounts2024-01-012025-06-30xbrli:purexbrli:sharesiso4217:GBP