ACCOUNTS - Final Accounts preparation

Commitments under operating leases

At 31 December 2024 the Company had future minimum lease payments due under non-cancellable operating leases for each of the following periods:

Unaudited Financial Statements

Vit Hit UK Limited

For the year ended 31 December 2024

Registered number: 08869597


Vit Hit UK Limited

Company Information

Directors	Mr G Lavin
	Mr R Hacker


Registered number	08869597


Registered office	1-5 Wandsworth Road Floor 3
	London
	SW8 2LN


Accountants	Grant Thornton Advisors (NI) LLP
	Chartered Accountants
	12 - 15 Donegall Square West
	Belfast
	BT1 6JH


Bankers	HSBC
	130 New Street
	Birmingham
	West Midlands
	B2 4JU


Vit Hit UK Limited

Contents

	Page
Accountants' Report	1
Balance Sheet	2 - 3
Notes to the Financial Statements	4 - 13

Independent Accountant's Report to the directors of the unaudited financial statements of Vit Hit UK Limited for the year ended 31 December 2024

In order to assist you fulfil your duties under the Companies Act 2006, we have compiled the financial statements of Vit Hit UK Limited for the year ended 31 December 2024, which comprise the Balance Sheet and the related notes to the financial statements, including a summary of significant accounting policies, from the company's accounting records and from information and explanations you have given to us.

The financial statements have been prepared on the basis set out in the notes to the financial statements.

This report is made solely to the directors of Vit Hit UK Limited, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely that we might compile the financial statements that we have been engaged to compile, report to the company's directors that we have done so and state those matters that we have agreed to state to the directors of Vit Hit UK Limited, as a body, in this report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Vit Hit UK Limited and its directors, as a body, for our work or for this report.

We have carried out this engagement in accordance with International Standard on Related Services 4410 (Revised) Compilation Engagements issued by the International Auditing and Assurance Standards Board (the ‘IAASB’’) and have complied with the ethical guidance laid down by the IESBA Code and Chartered Accountants Ireland relating to members undertaking the compilation of financial statements.

You have approved the financial statements for the year ended 31 December 2024 and you have acknowledged on the Balance Sheet as at 31 December 2024 your duty to ensure that Vit Hit UK Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view in accordance with the Companies Act 2006. You consider that Vit Hit UK Limited is exempt from the statutory audit requirement for the year ended 31 December 2024.

We have not been instructed to carry out an audit or review the financial statements of Vit Hit UK Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Grant Thornton Advisors (NI) LLP
Chartered Accountants 12 - 15 Donegall Square West Belfast BT1 6JH

Date: 29 September 2025

Page 1


Vit Hit UK Limited Registered number:08869597

Balance Sheet

As at 31 December 2024

		2024		2023
Note		£		£

Fixed assets
Intangible Assets	5		-		9,147
Tangible assets	6		20,991		1,800
			20,991		10,947
Current assets
Stocks	7	330,833		581,682
Debtors: amounts falling due within one year	8	2,378,152		1,887,092
Cash at bank and in hand	9	1,549,187		812,253
		4,258,172		3,281,027
Creditors: amounts falling due within one year	10	(1,826,658)		(1,260,381)
Net current assets			2,431,514		2,020,646
Total assets less current liabilities			2,452,505		2,031,593
Net assets			2,452,505		2,031,593

Capital and reserves
Called up share capital	12	100	100
Profit and loss account	13	2,452,405	2,031,493
		2,452,505	2,031,593

Page 2


Vit Hit UK Limited Registered number:08869597

Balance Sheet (continued)

As at 31 December 2024

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question 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 financial statements.

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

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 29 September 2025.

Mr G Lavin	Mr R Hacker
Director	Director

The notes on pages 4 to 13 form part of these financial statements.

Page 3


Vit Hit UK Limited

Notes to the Financial Statements

For the year ended 31 December 2024

1.	General information

Vit Hit UK Limited is a private company, limited by shares and incorporated in England & Wales. The principal activity of the company is the wholesale of beverages.
The registered office is 1-5 Wandsworth Road Floor 3, London, SW8 2LN.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act
2006. 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 preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgement in applying the Company's accounting policies (see note 3).
The financial statements are presented in (£) sterling.
The following principal accounting policies have been applied:

2.2

Going concern

The directors have assessed that there are adequate resources to meet the ongoing costs of the business
for a minimum of 12 months from the date of signing the financial statements. For this reason the financial statements have been prepared on a going concern basis which presumes the realisation of assets and liabilities in the normal course of business.

Page 4


Vit Hit UK Limited

Notes to the Financial Statements

For the year ended 31 December 2024

2.Accounting policies (continued)

2.3

Foreign currency translation

Functional and presentation currency

The Company's functional and presentational currency is GBP.

Transactions and balances

Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions.

At each period end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined.

Foreign exchange gains and losses resulting from the settlement of transactions and from the translation at period-end exchange rates of monetary assets and liabilities denominated in foreign currencies are recognised in profit or loss except when deferred in other comprehensive income as qualifying cash flow hedges.

Foreign exchange gains and losses that relate to borrowings and cash and cash equivalents are presented in the Statement of Comprehensive Income within 'finance income or costs'. All other foreign exchange gains and losses are presented in profit or loss within 'other operating income'.

2.4

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Sale of goods

Revenue from the sale of goods is recognised when all of the following conditions are satisfied:

∙the Company has transferred the significant risks and rewards of ownership to the buyer;

∙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 Company will receive the consideration due under the transaction; and

∙the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Page 5


Vit Hit UK Limited

Notes to the Financial Statements

For the year ended 31 December 2024

2.Accounting policies (continued)

2.5

Pensions

Defined contribution pension plan

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 payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Balance Sheet. The assets of the plan are held separately from the Company in independently administered funds.

2.6

Current and deferred taxation

The tax expense for the year comprises current and deferred tax. Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the balance sheet date, except that:

∙The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and

∙Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

2.7

Intangible assets

Intangible assets are initially recognised at cost. After recognition, under the cost model, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.
All intangible assets are considered to have a finite useful life. If a reliable estimate of the useful life cannot be made, the useful life shall not exceed ten years. The useful life is 5 years.

Page 6


Vit Hit UK Limited

Notes to the Financial Statements

For the year ended 31 December 2024

2.Accounting policies (continued)

2.8

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

				Fixtures and fittings	-	20%
				Computer equipment	-	20%

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

2.9

Stocks

Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a first in, first out basis. Work in progress and finished goods include labour and attributable overheads.

At each balance sheet date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.

2.10

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

2.11

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

2.12

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.

Page 7


Vit Hit UK Limited

Notes to the Financial Statements

For the year ended 31 December 2024

2.Accounting policies (continued)

2.13

Provisions for liabilities

Provisions are recognised when an event has taken place that gives rise to a legal or constructive obligation, a transfer of economic benefits is probable and a reliable estimate can be made.
Provisions are measured as the best estimate of the amount required to settle the obligation, taking into account the related risks and uncertainties.

Increases in provisions are generally charged as an expense to profit or loss.

3.	Judgements in applying accounting policies and key sources of estimation uncertainty

Estimates and judgements are required when applying accounting policies. These are continually evaluated and are based on historical experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.
The company makes estimates and assumptions concerning the future, which can involve a high degree of judgement or complexity. The resulting accounting estimates will, by definition, seldom equal the related actual results. The estimates and assumptions that have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next financial year are addressed below:
a) Recoverability of debtors
Estimates are made in respect of the recoverable value of trade and other debtors. When assessing the level of provisions required, factors including current trading experience, historical experience and the ageing profile of debtors are considered.
b) Useful economic lives of tangible assets
The annual depreciation charge for tangible assets is sensitive to changes in the estimated useful economic lives and residual values of the assets. The useful economic lives and residual values are re-assessed annually. They are amended when necessary to reflect current estimates, based on future investments, economic utilisation and the physical condition of the assets.
c) Carrying value of stock
Stock represents goods for resale and is measured at the lower of cost and net realisable value. Net realisable value is the estimated selling price in the ordinary course of business, less the estimated costs necessary to make the sale. Provision is made for obsolete and slow moving stock based on historical experience.

Employees

The average monthly number of employees, including directors, during the year was 9 (2023 -7).

Page 8


Vit Hit UK Limited

Notes to the Financial Statements

For the year ended 31 December 2024

5.	Intangible assets

		Patents and licences
		£
	Cost
	At 1 January 2024	103,520
	At 31 December 2024	103,520
	Amortisation
	At 1 January 2024	94,373
	Charge for the year	9,147
	At 31 December 2024	103,520
	Net book value
	At 31 December 2024	-
	At 31 December 2023	9,147

Page 9


Vit Hit UK Limited

Notes to the Financial Statements

For the year ended 31 December 2024

6.	Tangible fixed assets

	Fixtures and fittings	Computer equipment	Total
	£	£	£
Cost or valuation
At 1 January 2024	-	10,372	10,372
Additions	16,642	6,276	22,918
Transfers between classes	2,246	(2,246)	-
At 31 December 2024	18,888	14,402	33,290
Depreciation
At 1 January 2024	-	8,572	8,572
Charge for the year	1,206	2,521	3,727
Transfers between classes	2,149	(2,149)	-
At 31 December 2024	3,355	8,944	12,299
Net book value
At 31 December 2024	15,533	5,458	20,991
At 31 December 2023	-	1,800	1,800

7.	Stocks
		2024	2023
		£	£

Finished goods	330,833	581,682
	330,833	581,682

Page 10


Vit Hit UK Limited

Notes to the Financial Statements

For the year ended 31 December 2024

Debtors

					2024	2023
					£	£


Trade debtors	1,986,661	1,223,295
Amounts owed by group undertakings	236,594	561,644
Other debtors	3,011	1,011
Prepayments and accrued income	142,896	92,152
Deferred taxation	8,990	8,990
	2,378,152	1,887,092

9.	Cash and cash equivalents
		2024	2023
		£	£

Cash at bank and in hand	1,549,187	812,253
	1,549,187	812,253

10.	Creditors: Amounts falling due within one year
		2024	2023
		£	£

Trade creditors	907,879	861,764
Corporation tax	291,729	252,149
Other taxation and social security	180,234	86,334
Other creditors	23,110	2,701
Accruals and deferred income	423,706	57,433
	1,826,658	1,260,381

11.	Deferred taxation

	2024	2023
	£	£

At beginning of year	8,990	8,990
At end of year	8,990	8,990

Page 11


Vit Hit UK Limited

Notes to the Financial Statements

For the year ended 31 December 2024

12.	Share capital
		2024	2023
		£	£

Allotted, called up and fully paid

100 (2023 -100) Ordinary shares of £1.00 each	100	100

13.

Reserves

Profit and loss account

This includes all current and prior period retained profit and losses.

14.	Pension commitments

The Company operates a defined contributions pension scheme. The assets of the scheme are held separately from those of the Company in an independently administered fund. The pension cost charge represents contributions payable by the Company to the fund and amounted to £41,762 (2023 - £17,154). Contributions totalling £23,110 (2023 - £2,701) were payable to the fund at the balance sheet date.

Not later than 1 year	61,622	19,775
Later than 1 year and not later than 5 years	49,288	-
	110,910	19,775

16.	Related party transactions
	The company has availed of the exemption under FRS102 section 33 which does not require disclosure of transactions entered into between any subsidiary undertaking which is wholly owned by a member of that group.

Page 12


Vit Hit UK Limited

Notes to the Financial Statements

For the year ended 31 December 2024

17.	Controlling party

The immediate parent entity is Vit Hit Limited due to it's shareholding in the company. The ultimate controlling party is Health Yourself Limited, a company incorporated in Ireland.

18.	Comparative information

Comparative information has been restated to conform with current year presentation. This has had no impact on profit or loss reported.

Page 13