TH Fitness LLP

	Page
Abridged Balance Sheet	1—2
Notes to the Abridged Financial Statements	3—4

Registered number: NC000904

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		193,322		150,167

			193,322		150,167
CURRENT ASSETS
Stocks		690		690
Debtors		959		10,715
Cash at bank and in hand		23,098		13,626

		24,747		25,031
Creditors: Amounts Falling Due Within One Year		(90,417 )		(15,651 )

NET CURRENT ASSETS (LIABILITIES)			(65,670 )		9,380

TOTAL ASSETS LESS CURRENT LIABILITIES			127,652		159,547

Creditors: Amounts Falling Due After More Than One Year			(8,370 )		(14,467 )

NET ASSETS ATTRIBUTABLE TO MEMBERS			119,282		145,080

REPRESENTED BY:
Loans and other debts due to members within one year
Other amounts		41,473		-

			41,473		-

Equity
Members' other interests
Members' capital		(347,356)		(280,085)
Other reserves		425,165		425,165

			77,809		145,080

			119,282		145,080

...CONTINUED

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TH Fitness LLP

Abridged Balance Sheet (continued)

As At 31 March 2025

TOTAL MEMBERS' INTEREST
Loans and other debts due to members within one year	41,473	-
Members' other interests	77,809	145,080

	119,282	145,080

For the year ending 31 March 2025 the LLP was entitled to exemption from audit under section 477 of the Companies Act 2006 (as applied by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 applicable to LLPs subject to the small LLPs regime.)

The members acknowledge their responsibilities for complying with the requirements of the Act (as applied to LLPs) with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to LLPs subject to the small LLPs regime.

The LLP has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the LLP's Profit and Loss Account.

All of the LLP's members have consented to the preparation of an Abridged Profit and Loss Account and an Abridged Balance Sheet for the year end 31 March 2025 in accordance with section 444(2A) of the Companies Act 2006.

The financial statements were approved by the members on 28 August 2025 and were signed on their behalf by:

_____________________ _____________________ _____________________

Mr Terry Hughes Designated Member	Mrs Kerry Hughes Designated Member	Mr Peter Hughes Designated Member
28 August 2025

The notes on pages 3 to 4 form part of these financial statements.

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TH Fitness LLP

Notes to the Abridged Financial Statements

For The Year Ended 31 March 2025

Notes to the Abridged Financial Statements

1. General Information

TH Fitness LLP is a limited liability partnership, incorporated in England & Wales, registered number NC000904 . The Registered Office is 1 Sentry Lane, Newtownabbey, County Antrim, BT36 4XX.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements are prepared under the historical cost convention and in accordance with applicable United Kingdom accounting standards, including Financial Reporting Standard 102 for small limited liability partnerships regime - The Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102), The Statement of Recommended Practice 'Accounting by Limited Liability Partnerships' issued in December 2021 (SORP) and the Companies Act 2006 (as applied to LLPs).

The financial statements are prepared in sterling which is the functional currency of the LLP.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

2.3. 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	10% reducing balance
Fixtures & Fittings	15% reducing balance
Computer Equipment	20% straight line

2.4. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

3. Average Number of Employees

Average number of employees, including members with contracts of employment, during the year was: 1 (2024: 1)

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TH Fitness LLP

Notes to the Abridged Financial Statements (continued)

For The Year Ended 31 March 2025

4. Tangible Assets

	Total
	£
Cost
As at 1 April 2024	255,764
Additions	68,390

As at 31 March 2025	324,154

Depreciation
As at 1 April 2024	105,597
Provided during the period	25,235

As at 31 March 2025	130,832

Net Book Value
As at 31 March 2025	193,322

As at 1 April 2024	150,167

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