The Gym Doctors 365 Limited Accounts






The Gym Doctors 365 Limited

	Company No. 12140042
		Information for Filing with The Registrar
		30 April 2025

The Directors present their report and the accounts for the year ended 30 April 2025.

Principal activities
The principal activity of the company during the year under review was specialist repair of fitness equipment.




Directors

The Directors who served at any time during the year were as follows:

L. Ella
O.G. Kirby
P.C. Kirby







































































The above report has been prepared in accordance with the provisions applicable to companies subject to the small companies regime as set out in Part 15 of the Companies Act 2006.

Signed on behalf of the board

O.G. Kirby
Director
15 August 2025

at	30 April 2025
Company No.		12140042	Notes	2025	2024
				£	£
Fixed assets

	Tangible assets		4	318,967	214,613


				318,967	214,613
Current assets
	Stocks		5	101,000	100,000
	Debtors		6	230,802	252,508

	Cash at bank and in hand			38,606	19,185
				370,408	371,693
Creditors: Amount falling due within one year			7	(338,448)	(340,332)
Net current assets				31,960	31,361
Total assets less current liabilities				350,927	245,974
Creditors: Amounts falling due after more than one year			8	(190,269)	(123,247)



Net assets				160,658	122,727

Capital and reserves
	Called up share capital			100	100



	Profit and loss account		10	160,558	122,627

Total equity				160,658	122,727



These accounts have been prepared in accordance with the special provisions applicable to companies subject to the small companies regime of the Companies Act 2006.

For the year ended 30 April 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 in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.



As permitted by section 444 (5A)of the Companies Act 2006 the directors have not delivered to the Registrar a copy of the company's profit and loss account.

Approved by the board on 15 August 2025 and signed on its behalf by:
O.G. Kirby
Director
15 August 2025

for the year ended 30 April 2025

General information

The Gym Doctors 365 Limited is a private company limited by shares and incorporated in England and Wales.

Its registered number is: 12140042

Its registered office is:

Units 5 & 6

Bankfield Business Park

Huddersfield Road

Mirfield

WF14 9DQ

The accounts have been prepared in accordance with FRS 102 Section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

Accounting policies

Turnover

Turnover is measured at the fair value of the consideration received or receivable. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Revenue from the sale of goods is recognised when all the following conditions are satisfied:
• the Company has transferred to the buyer the significant risks and rewards of ownership of the
goods;
• the Company retains neither continuing managerial involvement to the degree usually associated
with ownership nor effective control over the goods sold;
• the amount of revenue can be measured reliably;
• it is probable that the economic benefits associated with the transaction will flow to the Company;
and
• the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Specifically, revenue from the sale of goods is recognised when goods are delivered and legal title is passed.

Taxation

The tax expense represents the sum of the tax currently payable. The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the profit and loss account because of items of income or expense that are taxable or deductible in other years and 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 end of the reporting period.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs.

When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of inventories recognised as an expense in the period in which the reversal occurs.

Work in progress is reflected in the accounts on a contract by contract basis by recording revenue and related costs as contract activity progresses.

Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method, less impairment losses for bad and doubtful debts.

Trade and other creditors

Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Leased assets

Where the company enters into a lease which entails taking substantially all the risks and rewards of ownership of an asset, the lease is treated as a finance lease.

Leases which do not transfer substantially all the risks and rewards of ownership to the Company are classified as operating leases.

Assets held under finance leases are initially recognised as assets of the Company at their fair value at the inception of the lease or, if lower, at the present value of the minimum lease payments. The corresponding liability to the lessor is included in the balance sheet date as a finance lease obligation. Lease payments are apportioned between finance expenses and reduction of the lease obligation so as to achieve a constant rate of interest on the remaining balance of the liability. Finance expenses are recognised immediately in profit or loss, unless they are directly attributable to qualifying assets, in which case they are capitalised in accordance with the Company's policy on borrowing costs (see the accounting policy above).

Assets held under finance leases are depreciated in the same way as owned assets.

Operating lease payments are recognised as an expense on a straight-line basis over the lease term.

In the event that lease incentives are received to enter into operating leases, such incentives are recognised as a liability. The aggregate benefit of incentives is recognised as a reduction of rental expense on a straight-line basis.

Defined contribution pensions

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the company pays fixed contributions into a separate entity. Once the contributions have been paid the company has no further payments obligations.

The contributions are recognised as expenses when they fall due. Amounts not paid are shown in accruals in the balance sheet. The assets of the plan are held separately from the company in independently administered funds.

3	Employees
			2025	2024
			Number	Number
		The average monthly number of employees (including directors) during the year was:	43	38

4	Tangible fixed assets
			Plant and machinery	Motor vehicles	Fixtures, fittings and equipment	Total
			£	£	£	£
		Cost or revaluation
		At 1 May 2024	21,022	452,155	521	473,698
		Additions	7,180	202,846	732	210,758



		At 30 April 2025	28,202	655,001	1,253	684,456
		Depreciation
		At 1 May 2024	14,893	243,671	521	259,085
		Charge for the year	3,327	102,833	244	106,404



		At 30 April 2025	18,220	346,504	765	365,489
		Net book values
		At 30 April 2025	9,982	308,497	488	318,967
		At 30 April 2024	6,129	208,484	-	214,613

5	Stocks
			2025	2024
			£	£
		Raw materials and consumables	21,000	20,000
		Work in progress	80,000	80,000

			101,000	100,000

6	Debtors
			2025	2024
			£	£
		Trade debtors	229,552	251,258





		Other debtors	1,250	1,250

			230,802	252,508

7	Creditors:
		amounts falling due within one year
			2025	2024
			£	£

		Bank loans and overdrafts	53,726	53,982

		Obligations under finance lease and hire purchase contracts	103,817	66,443
		Trade creditors	46,085	66,845

		Taxes and social security	169,016	145,319
		Loans from directors	(45,803)	780
		Other creditors	3,984	3,197
		Accruals and deferred income	7,623	3,766
			338,448	340,332

8	Creditors:
		amounts falling due after more than one year
			2025	2024
			£	£

		Bank loans and overdrafts	2,432	12,634

		Obligations under finance lease and hire purchase contracts	187,837	110,613




			190,269	123,247

Share Capital

100 Ordinary shares of £1 each have been allotted, called up and fully paid.

Reserves

Profit and loss account - includes all current and prior period retained profits and losses.

11	Dividends
			2025	2024
			£	£
		Dividends for the period:
		Dividends paid in the period	42,000	37,300

			42,000	37,300

		Dividends by type:

		Equity dividends	42,000	37,300
			42,000	37,300