1 July 2024 false No description of principal activity Taxfiler 2024.6 10803915 business:PrivateLimitedCompanyLtd 2024-07-01 2025-06-30 10803915 2024-06-30 10803915 2024-07-01 2025-06-30 10803915 business:AuditExempt-NoAccountantsReport 2024-07-01 2025-06-30 10803915 business:FilletedAccounts 2024-07-01 2025-06-30 10803915 2025-06-30 10803915 business:Director1 2024-07-01 2025-06-30 10803915 business:Director2 2024-07-01 2025-06-30 10803915 business:RegisteredOffice 2024-07-01 2025-06-30 10803915 2024-06-30 10803915 core:WithinOneYear 2025-06-30 10803915 core:WithinOneYear 2024-06-30 10803915 core:AfterOneYear 2025-06-30 10803915 core:AfterOneYear 2024-06-30 10803915 core:ShareCapital core:PreviouslyStatedAmount 2025-06-30 10803915 core:ShareCapital core:PreviouslyStatedAmount 2024-06-30 10803915 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2025-06-30 10803915 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2024-06-30 10803915 core:PreviouslyStatedAmount 2025-06-30 10803915 core:PreviouslyStatedAmount 2024-06-30 10803915 business:SmallEntities 2024-07-01 2025-06-30 10803915 countries:EnglandWales 2024-07-01 2025-06-30 10803915 core:PlantMachinery 2024-07-01 2025-06-30 10803915 core:MotorVehicles 2024-07-01 2025-06-30 10803915 core:FurnitureFittings 2024-07-01 2025-06-30 10803915 core:ComputerEquipment 2024-07-01 2025-06-30 10803915 core:OtherPropertyPlantEquipment 2024-07-01 2025-06-30 10803915 core:IntangibleAssetsOtherThanGoodwill 2024-06-30 10803915 core:IntangibleAssetsOtherThanGoodwill 2025-06-30 10803915 core:IntangibleAssetsOtherThanGoodwill 2024-07-01 2025-06-30 10803915 core:PlantMachinery 2024-06-30 10803915 core:MotorVehicles 2024-06-30 10803915 core:FurnitureFittings 2024-06-30 10803915 core:ComputerEquipment 2024-06-30 10803915 core:PlantMachinery 2025-06-30 10803915 core:MotorVehicles 2025-06-30 10803915 core:FurnitureFittings 2025-06-30 10803915 core:ComputerEquipment 2025-06-30 10803915 core:RevaluationsIncreaseDecreaseInInvestments 2025-06-30 10803915 2023-07-01 2024-06-30 iso4217:GBP xbrli:pure
Company Registration No. 10803915 (England and Wales)
VENTURE FITNESS LIMITED Unaudited accounts for the year ended 30 June 2025
VENTURE FITNESS LIMITED Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
VENTURE FITNESS LIMITED Company Information for the year ended 30 June 2025
Directors
Amritpal Singh SANDHU Arundeep Kaur Rai SANDHU
Company Number
10803915 (England and Wales)
Registered Office
TU MI GOLD CUP LANE ASCOT SL5 8NP UNITED KINGDOM
Accountants
PRIME ACCOUNTANTS 10 LOCKWOOD HOUSE LOCKWOOD PARK HUDDERSFIELD HD4 6EN
- 3 -
VENTURE FITNESS LIMITED Statement of financial position as at 30 June 2025
2025
2024
Notes
£
£
Fixed assets
Intangible assets
4
22,296
27,891
Tangible assets
5
190,307
176,180
Investments
6
1,627,258
2,067,260
1,839,861
2,271,331
Current assets
Debtors
7
112,091
61,657
Cash at bank and in hand
30,548
103,824
142,639
165,481
Creditors: amounts falling due within one year
8
(162,054)
(226,170)
Net current liabilities
(19,415)
(60,689)
Total assets less current liabilities
1,820,446
2,210,642
Creditors: amounts falling due after more than one year
9
-
(13,426)
Provisions for liabilities
Deferred tax
(407,210)
(516,814)
Net assets
1,413,236
1,680,402
Capital and reserves
Called up share capital
6
6
Profit and loss account
1,413,230
1,680,396
Shareholders' funds
1,413,236
1,680,402
For the year ending 30 June 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 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 10 September 2025 and were signed on its behalf by
Arundeep Kaur Rai SANDHU Director Company Registration No. 10803915
- 4 -
VENTURE FITNESS LIMITED Notes to the Accounts for the year ended 30 June 2025
1
Statutory information
VENTURE FITNESS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 10803915. The registered office is TU MI, GOLD CUP LANE, ASCOT, SL5 8NP, 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.
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
25% Reducing Balance
Motor vehicles
20% Straight Line
Fixtures & fittings
25% Reducing Balance
Computer equipment
25% Reducing Balance
Other tangible fixed assets
25% Reducing Balance
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Other
£
Cost
At 1 July 2024
55,947
At 30 June 2025
55,947
Amortisation
At 1 July 2024
28,056
Charge for the year
5,595
At 30 June 2025
33,651
Net book value
At 30 June 2025
22,296
At 30 June 2024
27,891
- 5 -
VENTURE FITNESS LIMITED Notes to the Accounts for the year ended 30 June 2025
5
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
£
£
£
£
£
Cost or valuation
At cost
At cost
At cost
At cost
At 1 July 2024
483,883
48,757
107,316
3,767
643,723
Additions
3,074
67,000
2,452
772
73,298
Disposals
-
(48,757)
-
-
(48,757)
At 30 June 2025
486,957
67,000
109,768
4,539
668,264
Depreciation
At 1 July 2024
348,926
41,393
74,877
2,347
467,543
Charge for the year
34,116
8,933
8,313
445
51,807
On disposals
-
(41,393)
-
-
(41,393)
At 30 June 2025
383,042
8,933
83,190
2,792
477,957
Net book value
At 30 June 2025
103,915
58,067
26,578
1,747
190,307
At 30 June 2024
134,957
7,364
32,439
1,420
176,180
6
Investments
Subsidiary undertakings
£
Valuation at 1 July 2024
2,067,260
Fair value adjustments
(440,002)
Valuation at 30 June 2025
1,627,258
7
Debtors
2025
2024
£
£
Amounts falling due within one year
Trade debtors
175
1,350
Amounts due from group undertakings etc.
63,320
-
Accrued income and prepayments
21,596
6,307
Other debtors
-
27,000
85,091
34,657
Amounts falling due after more than one year
Other debtors
27,000
27,000
- 6 -
VENTURE FITNESS LIMITED Notes to the Accounts for the year ended 30 June 2025
8
Creditors: amounts falling due within one year
2025
2024
£
£
Bank loans and overdrafts
-
9,054
VAT
28,674
16,543
Obligations under finance leases and hire purchase contracts
11,830
53,908
Trade creditors
15,506
11,792
Amounts owed to group undertakings and other participating interests
31,089
10,000
Taxes and social security
71,157
54,827
Other creditors
1,672
1,374
Loans from directors
(620)
68,672
Accruals
2,746
-
162,054
226,170
9
Creditors: amounts falling due after more than one year
2025
2024
£
£
Obligations under finance leases and hire purchase contracts
-
13,426
10
Average number of employees
During the year the average number of employees was 2 (2024: 2).
- 7 -