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REGISTERED NUMBER: 03011298 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 January 2025

for

Sale Road Gym Limited

Sale Road Gym Limited (Registered number: 03011298)

Contents of the Financial Statements

for the Year Ended 31 January 2025

Page |

Company Information | 1 |

Balance Sheet | 2 |

Notes to the Financial Statements | 3 |

Sale Road Gym Limited

Company Information

for the Year Ended 31 January 2025

| Directors: | Mr R E Halford

| Mrs G J Halford

| Secretary: | Mrs G J Halford

| Registered office: | Queens Head House

| The Street

| Acle

| Norwich

| Norfolk

| NR13 3DY

| Registered number: | 03011298 (England and Wales)

| Accountants: | Stephenson Smart (East Anglia) Limited

| Queens Head House

| The Street

| Acle

| Norwich

| Norfolk

| NR13 3DY

Sale Road Gym Limited (Registered number: 03011298)

Balance Sheet

31 January 2025

2025 | 2024 |

| Notes | £ | £

Current assets

Cash at bank | 18,440 |  | 17,088 |  |

Creditors

Amounts falling due within one year | 5 | (2,443 | ) | (2,206 | ) |

Net current assets | 15,997 |  | 14,882 |  |

Total assets less current liabilities | 15,997 |  | 14,882 |  |

Capital and reserves

Called up share capital | 2 |  | 2 |  |

Retained earnings | 15,995 |  | 14,880 |  |

15,997 |  | 14,882 |  |

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 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.

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 15 September 2025 and were signed on its behalf by:

Mr R E Halford - Director

Sale Road Gym Limited (Registered number: 03011298)

Notes to the Financial Statements

for the Year Ended 31 January 2025

1. | Statement of compliance

| 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.

2. | Accounting policies

| Basis of preparing the financial statements

| The financial statements have been prepared under the historical cost convention.

| Critical accounting judgements and key sources of estimation uncertainty

| The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

| Tangible fixed assets

| Tangible fixed assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

| An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.

| Depreciation is provided at the following annual rates so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset:

| Plant and machinery - 25% p.a. reducing balance.

| Short leasehold - 4% p.a. on cost.

| Taxation

| Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

Sale Road Gym Limited (Registered number: 03011298)

Notes to the Financial Statements - continued

for the Year Ended 31 January 2025

2. | Accounting policies - continued

| 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.

| Assets held under finance leases and hire purchase contracts are recognised in the balance sheet as assets and liabilities at the lower of the fair value of the assets and the present value of the minimum lease payments, which is determined at the inception of the lease term. Any initial direct costs of the lease are added to the amount recognised as an asset.

| Lease payments are apportioned between the finance charges and reduction of the outstanding lease liability using the effective interest method. Finance charges are allocated to each period so as to produce a constant rate of interest on the remaining balance of the liability.

| Rental income

| Rental income is recognised on a straight line basis over the term of the lease.

3. | Employees and directors

| The average number of employees during the year was NIL (2024 - NIL).

4. | Tangible fixed assets

Short | Plant and |

leasehold | machinery | Totals |

| £ | £ | £

| Cost

| At 1 February 2024

| and 31 January 2025 | 63,119 |  | 1,249 |  | 64,368 |  |

| Depreciation

| At 1 February 2024

| and 31 January 2025 | 63,119 |  | 1,249 |  | 64,368 |  |

| Net book value

| At 31 January 2025 | - |  | - |  | - |  |

| At 31 January 2024 | - |  | - |  | - |  |

Sale Road Gym Limited (Registered number: 03011298)

Notes to the Financial Statements - continued

for the Year Ended 31 January 2025

5. | Creditors: amounts falling due within one year |

2025 | 2024 |

| £ | £

| Taxation and social security | 262 |  | 267 |  |

| Other creditors | 2,181 |  | 1,939 |  |

2,443 |  | 2,206 |  |