Company registration number: 13176840
Unaudited financial statements
for the year ended 28 February 2025
for
In The Running Ltd
Pages for filing with the Registrar
Company registration number: 13176840
In The Running Ltd
Balance sheet
as at 28 February 2025
28 Feb 25 29 Feb 24
Note £ £ £ £
Fixed assets
Tangible assets 4 1,186 558
1,186 558
Current assets
Stocks 973 1,196
Debtors - 1,355
Cash at bank and in hand 4,381 1,299
5,354 3,850
Creditors: amounts falling due within one
year 		(6,056) (7,320)
Net current liabilities (702) (3,470)
Total assets less current liabilities 484 (2,912)
NET ASSETS/(LIABILITIES) 484 (2,912)
Capital and reserves
Called up share capital 1 1
Profit and loss account 483 (2,913)
TOTAL EQUITY 484 (2,912)
The company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies for the year ended 28 February 2025.
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 to comply with the Companies Act 2006 in respect to accounting records and the preparation of financial statements.
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Company registration number: 13176840
In The Running Ltd
Balance sheet - continued
as at 28 February 2025
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
In accordance with Section 444 of the Companies Act 2006, the Profit and loss account has not been delivered to the Registrar.
These financial statements were approved by the Board of directors and authorised for issue on 19 October 2025 and signed on its behalf by:
Mr G Lavalette, Director
19 October 2025
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In The Running Ltd
Notes to the financial statements
for the year ended 28 February 2025
1 Company information
In The Running Ltd is a private company registered in England and Wales. Its registered number is 13176840. The company is limited by shares. Its registered office is 1 Babylon Lane Babylon Lane, Bishampton, Pershore, WR10 2NN.
2 Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” including the provisions of Section 1A “Small Entities” and the Companies Act 2006. The financial statements have been prepared under the historic cost convention.
Presentation currency
The company's financial statements are presented in sterling.
Going concern
In preparing these financial statements, the directors have assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the company's ability to continue as a going concern. In making this assessment, the directors take into account all available information about the future which is at least 12 months from the date that the financial statements are authorised for issue.
The directors consider that the company has adequate resources to continue in business for the foreseeable future and that it is appropriate to adopt the going concern basis in preparing the financial statements.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, Value Added Tax and other sales taxes.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Computer and training equipment:
Computer equipment - 33% straight line
Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
3
In The Running Ltd
Notes to the financial statements - continued
for the year ended 28 February 2025
2 Accounting policies - continued
Taxation
Taxation for the year comprises current taxation. Tax is recognised in the Profit and loss account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.
Current taxation assets and liabilities are not discounted.
Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.
3 Average number of employees
During the year the average number of employees was 1 (2024 - 1).
4 Tangible fixed assets
Computer
and training
equipment
£
Cost
At 1 March 2024 3,971
Additions 1,779
At 28 February 2025 5,750
Depreciation
At 1 March 2024 3,413
Charge for year 1,151
At 28 February 2025 4,564
Net book value
At 28 February 2025 1,186
At 29 February 2024 558
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In The Running Ltd
Notes to the financial statements - continued
for the year ended 28 February 2025
5 Advances, credit and guarantees granted to directors
The following advances and credits to a director subsisted during the years ended 28 February 2025 and 29 February 2024.
2025 2024
£ £
Balance outstanding at start of year 6,375 11,566
Amounts advanced 1,600 4,900
Amounts repaid (7,940) (10,091)
Balance outstanding at end of year 35 6,375
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