Acorah Software Products - Accounts Production 16.3.350 false true 31 March 2024 1 April 2023 false 1 April 2024 31 March 2025 31 March 2025 08597797 Mr Stefan Przepiora Ms Magdalena Heppell iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 08597797 2024-03-31 08597797 2025-03-31 08597797 2024-04-01 2025-03-31 08597797 frs-core:CurrentFinancialInstruments 2025-03-31 08597797 frs-core:Non-currentFinancialInstruments 2025-03-31 08597797 frs-core:ComputerEquipment 2025-03-31 08597797 frs-core:ComputerEquipment 2024-04-01 2025-03-31 08597797 frs-core:ComputerEquipment 2024-03-31 08597797 frs-core:FurnitureFittings 2025-03-31 08597797 frs-core:FurnitureFittings 2024-04-01 2025-03-31 08597797 frs-core:FurnitureFittings 2024-03-31 08597797 frs-core:NetGoodwill 2025-03-31 08597797 frs-core:NetGoodwill 2024-04-01 2025-03-31 08597797 frs-core:NetGoodwill 2024-03-31 08597797 frs-core:MotorVehicles 2025-03-31 08597797 frs-core:MotorVehicles 2024-04-01 2025-03-31 08597797 frs-core:MotorVehicles 2024-03-31 08597797 frs-core:PlantMachinery 2025-03-31 08597797 frs-core:PlantMachinery 2024-04-01 2025-03-31 08597797 frs-core:PlantMachinery 2024-03-31 08597797 frs-core:ShareCapital 2025-03-31 08597797 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 08597797 frs-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 08597797 frs-bus:FilletedAccounts 2024-04-01 2025-03-31 08597797 frs-bus:SmallEntities 2024-04-01 2025-03-31 08597797 frs-bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 08597797 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 08597797 frs-core:CostValuation 2024-03-31 08597797 frs-core:AdditionsToInvestments 2025-03-31 08597797 frs-core:RevaluationsIncreaseDecreaseInInvestments 2025-03-31 08597797 frs-core:CostValuation 2025-03-31 08597797 frs-core:ProvisionsForImpairmentInvestments 2024-03-31 08597797 frs-core:ProvisionsForImpairmentInvestments 2025-03-31 08597797 frs-bus:Director1 2024-04-01 2025-03-31 08597797 frs-bus:Director2 2024-04-01 2025-03-31 08597797 frs-countries:EnglandWales 2024-04-01 2025-03-31 08597797 2023-03-31 08597797 2024-03-31 08597797 2023-04-01 2024-03-31 08597797 frs-core:CurrentFinancialInstruments 2024-03-31 08597797 frs-core:Non-currentFinancialInstruments 2024-03-31 08597797 frs-core:ShareCapital 2024-03-31 08597797 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31
Registered number: 08597797
Nafets Fitness Management Ltd
Financial Statements
For The Year Ended 31 March 2025
5th Floor
30-31 Furnival Street
London
EC4A 1JQ
Nafets Fitness Management Ltd
Contents
Contents

| Page
--- | ---
Balance Sheet | 1—2
Notes to the Financial Statements | 3—5

Page 1
Nafets Fitness Management Ltd
Balance Sheet
As At 31 March 2025
Balance Sheet
Registered number: 08597797

| 2025 | 2024
--- | --- | ---
| Notes | £ | £ | £ | £
FIXED ASSETS
Intangible Assets | 4 |  | 16,933 |  | 39,989
Tangible Assets | 5 |  | 57,525 |  | 83,730
Investments | 6 |  | 13,250 |  | -
|  |  | 87,708 |  | 123,719
CURRENT ASSETS
Debtors | 7 | 4,384 |  | 2,339 |
Cash at bank and in hand |  | 19,179 |  | 41,801 |
|  | 23,563 |  | 44,140 |
Creditors: Amounts Falling Due Within One Year | 8 | (27,154 ) |  | (25,621 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | (3,591 ) |  | 18,519
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | 84,117 |  | 142,238
Creditors: Amounts Falling Due After More Than One Year | 9 |  | (50,615 ) |  | (78,439 )
PROVISIONS FOR LIABILITIES
Deferred Taxation |  |  | (11,000 ) |  | (15,700 )
NET ASSETS |  |  | 22,502 |  | 48,099
CAPITAL AND RESERVES
Called up share capital | 10 |  | 100 |  | 100
Profit and Loss Account |  |  | 22,402 |  | 47,999
SHAREHOLDERS' FUNDS |  |  | 22,502 |  | 48,099

Page 1
Page 2
Nafets Fitness Management Ltd
Balance Sheet (continued)
As At 31 March 2025
For the year ending 31 March 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 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board

Mr Stefan Przepiora Director
13 October 2025

The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Nafets Fitness Management Ltd
Notes to the Financial Statements
For The Year Ended 31 March 2025
Notes to the Financial Statements
1. General Information
Nafets Fitness Management Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 08597797 . The registered office is 5th Floor, 30-31 Furnival Street, London, EC4A 1JQ.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
The company's turnover represents fitness equipment hire charges net of value added taxes. Income is recognised in arrears at the end of the hiring period when the equipment is returned to the company. A deposit payment is taken at the time of booking.
2.3. Intangible Fixed Assets and Amortisation - Goodwill
Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to profit and loss account over its estimated economic life of two years.
2.4. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery | Straight line basis over three years
Motor Vehicles | Straight line basis over four years
Fixtures & Fittings | Straight line basis over four years
Computer Equipment | Straight line basis over four years

2.5. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other year 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.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and asset reflects the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
Average number of employees, including directors, during the year was 2 (2024: 2)
2 2
Page 3
Page 4
Nafets Fitness Management Ltd
Notes to the Financial Statements (continued)
For The Year Ended 31 March 2025
4. Intangible Assets

| Goodwill
--- | ---
| £
Cost
As at 1 April 2024 | 97,987
Additions | 1,875
As at 31 March 2025 | 99,862
Amortisation
As at 1 April 2024 | 57,998
Provided during the period | 24,931
As at 31 March 2025 | 82,929
Net Book Value
As at 31 March 2025 | 16,933
As at 1 April 2024 | 39,989

5. Tangible Assets

| Plant & Machinery | Motor Vehicles | Fixtures & Fittings | Computer Equipment | Total
--- | --- | --- | --- | --- | ---
| £ | £ | £ | £ | £
Cost
As at 1 April 2024 | 140,815 | 27,600 | 529 | 1,123 | 170,067
Additions | 15,501 | - | 2,246 | 166 | 17,913
As at 31 March 2025 | 156,316 | 27,600 | 2,775 | 1,289 | 187,980
Depreciation
As at 1 April 2024 | 78,181 | 6,901 | 132 | 1,123 | 86,337
Provided during the period | 36,483 | 6,899 | 562 | 174 | 44,118
As at 31 March 2025 | 114,664 | 13,800 | 694 | 1,297 | 130,455
Net Book Value
As at 31 March 2025 | 41,652 | 13,800 | 2,081 | (8 ) | 57,525
As at 1 April 2024 | 62,634 | 20,699 | 397 | - | 83,730

6. Investments

| Other
--- | ---
| £
Cost
As at 1 April 2024 | -
Additions | 15,200
Revaluations | (1,950 )
As at 31 March 2025 | 13,250
Provision
As at 1 April 2024 | -
As at 31 March 2025 | -

...CONTINUED
Page 4
Page 5
Nafets Fitness Management Ltd
Notes to the Financial Statements (continued)
For The Year Ended 31 March 2025

Net Book Value
As at 31 March 2025 | 13,250
As at 1 April 2024 | -

7. Debtors

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Due within one year
Trade debtors | 2,859 |  | 795
Prepayments and accrued income | 525 |  | 544
Other debtors | 1,000 |  | 1,000
| 4,384 |  | 2,339

8. Creditors: Amounts Falling Due Within One Year

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Bank loans and overdrafts | 7,750 |  | 7,750
Other taxes and social security | 8,782 |  | -
VAT | 7,380 |  | 5,871
Other creditors | 632 |  | 632
Accruals and deferred income | 2,320 |  | 2,320
Directors' loan accounts | 290 |  | 9,048
| 27,154 |  | 25,621

9. Creditors: Amounts Falling Due After More Than One Year

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Bank loans | 3,065 |  | 10,939
Directors loan account | 47,550 |  | 67,500
| 50,615 |  | 78,439

10. Share Capital

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Allotted, Called up and fully paid | 100 |  | 100

Page 5