LUXE FITNESS SW LTD


Director	NARENDAN, Parantha


Registered Address	Units 1 - 3 Beacon Tower
	Bristol
	BS1 4UB


Registered Number	10905725 (England and Wales)

Balance Sheet as at
31 August 2025

	Notes	2025		2024
		£	£	£	£
Fixed assets
Intangible assets	3		325,994		296,184
Tangible assets	4		2,884,041		2,504,436
			3,210,035		2,800,620
Current assets
Stocks		1,050,471		181,749
Debtors		120,459		120,298
Cash at bank and on hand		84,793		21,280
		1,255,723		323,327
Creditors amounts falling due within one year	5	(945,748)		(892,463)
Net current assets (liabilities)			309,975		(569,136)
Total assets less current liabilities			3,520,010		2,231,484
Creditors amounts falling due after one year	6		(931,291)		(514,638)
Provisions for liabilities			(40,000)		-
Net assets			2,548,719		1,716,846
Capital and reserves
Revaluation reserve			820,000		820,000
Other reserves			690,000		-
Profit and loss account			1,038,719		896,846
Shareholders' funds			2,548,719		1,716,846

The company was entitled to exemption from audit for this reporting period 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 Director acknowledges 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 in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Director on 6 November 2025, and are signed on its behalf by:

NARENDAN, Parantha
Director
Registered Company No. 10905725

LUXE FITNESS SW LTD

Notes to the Financial Statements
for the year ended 31 August 2025

1.	Accounting policies

	Statutory information
	LUXE FITNESS SW LTD is a private company, limited by shares, registered in England and Wales, registration number 10905725. The registered office is UNITS I - 3 BEACON TOWER, BRISTOL, BS I 4UB, ENGLAND

	Statement of compliance
	The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the financial reporting standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Going concern
	After reviewing the company's forecasts and projections, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. The company therefore continues to adopt the going concern basis of accounting in preparing its financial statements.

	Defined contribution pension plan
	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.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

Foreign currency translation

Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

	Deferred tax
	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

Deferred tax

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

	Intangible assets
	Intangible fixed assets are included at cost less accumulated amortisation. Amortisation will begin upon completion of the intangible fixed asset.

	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 6% and 7% on cost Plant & machinery I0% and 20% straight line Fixtures & fittings 20% straight line Computer equipment 33.33% straight line

	Finance leases and hire purchase contracts
	Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor arc charged against profit on a straight line basis over the lease term. Assets held u nder finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest clement ofrcntal obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.

Finance leases and hire purchase contracts

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor arc charged
against profit on a straight line basis over the lease term.
Assets held u nder finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease
or hire purchase obligation is treated in the balance sheet as a liability. The interest clement ofrcntal obligations is charged to the profit and
loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.

	Stocks and work in progress
	Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overbeads according to the stage of manufacturing/completion.

2.	Average number of employees


		2025		2024
	Average number of employees during the year	28		26

3.	Intangible assets

	Other	Total
	£	£
Cost or valuation
At 01 September 24	296,184	296,184
Additions	29,810	29,810
At 31 August 25	325,994	325,994
Net book value
At 31 August 25	325,994	325,994
At 31 August 24	296,184	296,184

4.	Tangible fixed assets

	Land & buildings	Plant & machinery	Fixtures & fittings	Office Equipment	Total
	£	£	£	£	£
Cost or valuation
At 01 September 24	1,875,696	1,465,526	26,347	20,219	3,387,788
Additions	-	613,700	-	4,734	618,434
At 31 August 25	1,875,696	2,079,226	26,347	24,953	4,006,222
Depreciation and impairment
At 01 September 24	261,426	588,963	20,629	12,334	883,352
Charge for year	5,727	224,285	2,707	6,110	238,829
At 31 August 25	267,153	813,248	23,336	18,444	1,122,181
Net book value
At 31 August 25	1,608,543	1,265,978	3,011	6,509	2,884,041
At 31 August 24	1,614,270	876,563	5,718	7,885	2,504,436

5.	Creditors: amounts due within one year

	2025	2024
	£	£
Trade creditors / trade payables	381,508	184,726
Bank borrowings and overdrafts	448,225	588,083
Taxation and social security	79,752	91,181
Other creditors	18,720	7,539
Accrued liabilities and deferred income	17,543	20,934
Total	945,748	892,463

6.	Creditors: amounts due after one year

	2025	2024
	£	£
Bank borrowings and overdrafts	8,221	20,637
Other creditors	923,070	494,001
Total	931,291	514,638