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Company Registration No. 12940916 (England and Wales)
NR Health & Fitness Club (Holdings) Limited Unaudited accounts for the year ended 31 December 2024
NR Health & Fitness Club (Holdings) Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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NR Health & Fitness Club (Holdings) Limited Company Information for the year ended 31 December 2024
Director
Nathan Gostling
Company Number
12940916 (England and Wales)
Registered Office
12 Norwich Street Dereham NR19 1BX United Kingdom
Accountants
Arithmo Accountancy Ltd Meadow Barn Low Road North Tuddenham, Dereham NORFOLK NR20 3AB
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NR Health & Fitness Club (Holdings) Limited Statement of financial position as at 31 December 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
193,318 
187,203 
Investments
14,650 
25,100 
207,968 
212,303 
Current assets
Debtors
353,120 
199,128 
Cash at bank and in hand
64,175 
35,813 
417,295 
234,941 
Creditors: amounts falling due within one year
(108,021)
(44,070)
Net current assets
309,274 
190,871 
Total assets less current liabilities
517,242 
403,174 
Creditors: amounts falling due after more than one year
(65,959)
(74,395)
Provisions for liabilities
Deferred tax
(28,891)
(17,819)
Net assets
422,392 
310,960 
Capital and reserves
Called up share capital
200 
200 
Profit and loss account
422,192 
310,760 
Shareholders' funds
422,392 
310,960 
For the year ending 31 December 2024 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 25 September 2025 and were signed on its behalf by
Nathan Gostling Director Company Registration No. 12940916
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NR Health & Fitness Club (Holdings) Limited Notes to the Accounts for the year ended 31 December 2024
1
Statutory information
NR Health & Fitness Club (Holdings) Limited is a private company, limited by shares, registered in England and Wales, registration number 12940916. The registered office is 12 Norwich Street, Dereham, NR19 1BX, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% straight line
Fixtures & fittings
33% straight line
Computer equipment
33% straight line
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
Leased assets
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term. Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
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NR Health & Fitness Club (Holdings) Limited Notes to the Accounts for the year ended 31 December 2024
4
Tangible fixed assets
Total 
£ 
Cost or valuation
At 1 January 2024
306,844 
Additions
66,398 
Disposals
(9,958)
At 31 December 2024
363,284 
Depreciation
At 1 January 2024
119,641 
Charge for the year
60,283 
On disposals
(9,958)
At 31 December 2024
169,966 
Net book value
At 31 December 2024
193,318 
At 31 December 2023
187,203 
2024 
2023 
Carrying values included above held under finance leases and hire purchase contracts:
£ 
£ 
- Motor vehicles
98,776 
113,231 
5
Operating lease commitments
2024 
2023 
£ 
£ 
At 31 December 2024 the company had the following future minimum lease payments under non-cancellable operating leases for each of the following periods:
Not later than one year
25,937 
- 
Later than one year and not later than five years
88,594 
- 
114,531 
- 
6
Loans to directors
At 31 December 2024, the director’s loan account was overdrawn by £231,566 (2023: £14,501). The balance is unsecured, interest free and repayable on demand.
7
Transactions with related parties
Loan to Related Party A loan was advanced in a prior period to an employee who is the spouse of a director. As at the reporting date, the outstanding balance of the loan was £25,044. The loan is unsecured, carries interest at a rate of 2.75% per annum, and is repayable within five years. Loan to Connected Company During the period, the company advanced a loan of £30,000 to Coffeesmiths Attleborough Limited, a company under common ownership and control. As at the reporting date, the full amount remained outstanding. The loan is unsecured and interest-free. Operating Lease Guarantees At the balance sheet date, the director has provided personal guarantees in respect of the company’s obligations under operating lease agreements totalling £114,531. These guarantees are unsecured and have been given in the normal course of business.
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NR Health & Fitness Club (Holdings) Limited Notes to the Accounts for the year ended 31 December 2024
8
Average number of employees
During the year the average number of employees was 2 (2023: 2).
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