REGISTERED NUMBER: 15607790 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

Shaded Fitness Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Z E Elliott

REGISTERED OFFICE:

24 Shalbourne Close

Hungerford

Berkshire

RG17 0QH

REGISTERED NUMBER:

15607790 (England and Wales)

ACCOUNTANTS:

Aivilo Digital Accountancy Ltd

49 Hurford Drive

Thatcham

Berkshire

RG19 4WA

FIXED ASSETS

Tangible assets

4

16,850

CURRENT ASSETS

Debtors

5

5,315

Cash at bank

13,616

18,931

CREDITORS

Amounts falling due within one year

6

17,168

NET CURRENT ASSETS

1,763

TOTAL ASSETS LESS CURRENT LIABILITIES

18,613

CREDITORS

Amounts falling due after more than one year

7

(9,303

)

PROVISIONS FOR LIABILITIES

(3,201

)

NET ASSETS

6,109

CAPITAL AND RESERVES

Called up share capital

100

Retained earnings

6,009

9

6,109

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 director acknowledges his 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.

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 director and authorised for issue on 13 August 2025 and were signed by:

Z E Elliott - Director

1.	STATUTORY INFORMATION

Shaded Fitness Ltd 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.

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.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

20% on cost

Motor vehicles

-

25% on reducing balance

Computer equipment

-

20% on cost

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 .

4.	TANGIBLE FIXED ASSETS

Plant and

Motor

Computer

machinery

vehicles

equipment

Totals

£

£

£

£

COST

Additions

2,863

17,448

429

20,740

At 31 March 2025

2,863

17,448

429

20,740

DEPRECIATION

Charge for year

558

3,310

22

3,890

At 31 March 2025

558

3,310

22

3,890

NET BOOK VALUE

At 31 March 2025

2,305

14,138

407

16,850

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Prepayments

5,315

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Bank loans and overdrafts

4,026

Hire purchase contracts (see note 8)

3,944

Tax

2,895

Social security and other taxes

792

VAT

3,261

Accruals and deferred income

2,250

17,168

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

£

Bank loans - 1-2 years

697

Hire purchase contracts (see note 8)

8,606

9,303

8.	LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire

purchase

contracts

£

Net obligations repayable:

Within one year

3,944

Between one and five years

8,606

12,550

Non-cancellable

operating leases

£

Within one year

6,680

Between one and five years

8,782

15,462

The company leases certain assets under operating lease agreements. The leases typically run for a period of 3 years. Lease payments are recognised as an expense on a straight-line basis over the lease term.

9.	RECONCILIATION OF MOVEMENTS IN RESERVES

£

Profit for the financial year

23,457

Dividends

(17,448

)

New share capital subscribed

100

Net addition to reserves

6,109

Opening reserves

-

Closing reserves

6,109