Company Registration No. 14220790 (England and Wales)
CSS F45 UK Ltd
Unaudited accounts
for the year ended 31 December 2024
CSS F45 UK Ltd
Company Information
for the year ended 31 December 2024
Directors
Travis Otho Frenzel
Tristan John Samuel Smith
Haydn Lewis Elliott
Company Number
14220790 (England and Wales)
Registered Office
Gilmoora House
57-61 Mortimer St
London
W1W 8HS
Accountants
Barnes & Scott
86-90 Paul Street
London
EC2A 4NE
Chartered Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of CSS F45 UK Ltd for the year ended 31 December 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
CSS F45 UK Ltd for the year ended
31 December 2024 as set out on pages
5 -
8 from the company's accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at icaew.com/membershandbook.
This report is made solely to the Board of Directors of CSS F45 UK Ltd, as a body, in accordance with the terms of our engagement letter dated 25 July 2022. Our work has been undertaken solely to prepare for your approval the accounts of CSS F45 UK Ltd and state those matters that we have agreed to state to the Board of Directors of CSS F45 UK Ltd, as a body, in this report in accordance with AAF 07/16 as detailed at icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than CSS F45 UK Ltd and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that CSS F45 UK Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and loss of CSS F45 UK Ltd. You consider that CSS F45 UK Ltd is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of CSS F45 UK Ltd. 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 accounts.
Barnes & Scott
Chartered Accountants
86-90 Paul Street
London
EC2A 4NE
30 September 2025
CSS F45 UK Ltd
Statement of financial position
as at 31 December 2024
Intangible assets
1,156,215
1,306,147
Tangible assets
294,721
260,661
Cash at bank and in hand
46,433
136,368
Creditors: amounts falling due within one year
(403,553)
(458,658)
Net current (liabilities)/assets
(58,112)
470,560
Total assets less current liabilities
1,392,824
2,037,368
Creditors: amounts falling due after more than one year
(1,367,295)
(1,333,053)
Called up share capital
1
1
Share premium
1,783,356
1,783,356
Profit and loss account
(1,757,828)
(1,079,042)
Shareholders' funds
25,529
704,315
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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
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 of Directors and authorised for issue on 30 September 2025 and were signed on its behalf by
Tristan John Samuel Smith
Director
Company Registration No. 14220790
CSS F45 UK Ltd
Notes to the Accounts
for the year ended 31 December 2024
CSS F45 UK Ltd is a private company, limited by shares, registered in England and Wales, registration number 14220790. The registered office is Gilmoora House, 57-61 Mortimer St, London, W1W 8HS.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
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.
The directors consider the going concern basis to be appropriate having paid due regard to the Company's projected results during the twelve months from the date the financial statements are approved and anticipated cash flows, availability of financing facilities and mitigating actions that can be taken during the period
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:
Land & buildings
20% straight line
Plant & machinery
20% straight line
Fixtures & fittings
20% straight line
Computer equipment
25% straight line
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation. They are amortised over a period of 10 years.
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.
CSS F45 UK Ltd
Notes to the Accounts
for the year ended 31 December 2024
Cash and cash equivalents
Cash and cash equivalents includes cash in hand, deposits held at call with banks, other short-term highly liquid investments with original maturities of three months or less and bank overdrafts. Bank overdrafts, when applicable, are shown within borrowings in current liabilities.
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
4
Intangible fixed assets
Goodwill
At 1 January 2024
1,499,316
At 31 December 2024
1,499,316
Charge for the year
149,932
At 31 December 2024
343,101
At 31 December 2024
1,156,215
At 31 December 2023
1,306,147
5
Tangible fixed assets
Land & buildings
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 January 2024
212,197
72,525
29,143
29,443
343,308
Additions
2,495
108,782
5,928
8,164
125,369
At 31 December 2024
214,692
181,307
35,071
37,607
468,677
At 1 January 2024
56,086
14,550
5,486
6,525
82,647
Charge for the year
42,939
32,804
6,639
8,927
91,309
At 31 December 2024
99,025
47,354
12,125
15,452
173,956
At 31 December 2024
115,667
133,953
22,946
22,155
294,721
At 31 December 2023
156,111
57,975
23,657
22,918
260,661
CSS F45 UK Ltd
Notes to the Accounts
for the year ended 31 December 2024
Amounts falling due within one year
Trade debtors
49,680
29,845
Amounts due from group undertakings etc.
-
570,280
Accrued income and prepayments
199,495
170,992
Other debtors
32,609
11,182
7
Creditors: amounts falling due within one year
2024
2023
Trade creditors
90,130
122,285
Amounts owed to group undertakings and other participating interests
60,912
-
Taxes and social security
8,689
17,659
Other creditors
5,036
18,842
Deferred income
40,494
15,647
8
Creditors: amounts falling due after more than one year
2024
2023
Amounts owed to group undertakings and other participating interests
1,367,295
1,333,053
The parent company of CSS F45 UK Ltd is CSG LLC and its registered office is in USA.
10
Average number of employees
During the year the average number of employees was 5 (2023: 8).