REGISTERED NUMBER: 03163353 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

Trims Gym Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs Manju Chopra

Mr Tarsem Lal Chopra

REGISTERED OFFICE:

c/o Parklands Rest Home

New Road

Crook

Co. Durham

DL15 8LN

REGISTERED NUMBER:

03163353 (England and Wales)

ACCOUNTANTS:

Flannagans - Hartlepool Office

Chartered Certified Accountants

7 Bankside

The Watermark

Gateshead

Tyne and Wear

NE11 9SY

FIXED ASSETS

Intangible assets

4

2,250

5,250

Tangible assets

5

1,246,125

1,228,250

Investments

6

452,067

452,067

1,700,442

1,685,567

CURRENT ASSETS

Stocks

4,645

2,983

Debtors

7

140,143

273,013

Prepayments and accrued income

-

(15,620

)

Cash at bank and in hand

767,636

696,040

912,424

956,416

CREDITORS

Amounts falling due within one year

8

153,067

214,940

NET CURRENT ASSETS

759,357

741,476

TOTAL ASSETS LESS CURRENT LIABILITIES

2,459,799

2,427,043

CREDITORS

Amounts falling due after more than one year

9

581,250

656,250

NET ASSETS

1,878,549

1,770,793

CAPITAL AND RESERVES

Called up share capital

400

400

Retained earnings

1,878,149

1,770,393

SHAREHOLDERS' FUNDS

1,878,549

1,770,793

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 11 December 2025 and were signed on its behalf by:

Mr Tarsem Lal Chopra - Director

1.	STATUTORY INFORMATION

Trims Gym Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

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 historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 0, is being amortised evenly over its estimated useful life of nil years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

15% on reducing balance

Investments in associates

Investments in associate undertakings are recognised at cost.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 51 (2024 - 51 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2024

and 31 March 2025

75,000

AMORTISATION

At 1 April 2024

69,750

Charge for year

3,000

At 31 March 2025

72,750

NET BOOK VALUE

At 31 March 2025

2,250

At 31 March 2024

5,250

5.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 April 2024

1,149,482

401,145

1,550,627

Additions

-

50,183

50,183

At 31 March 2025

1,149,482

451,328

1,600,810

DEPRECIATION

At 1 April 2024

-

322,377

322,377

Charge for year

-

32,308

32,308

At 31 March 2025

-

354,685

354,685

NET BOOK VALUE

At 31 March 2025

1,149,482

96,643

1,246,125

At 31 March 2024

1,149,482

78,768

1,228,250

6.	FIXED ASSET INVESTMENTS

Interest

in

associate

£

COST

At 1 April 2024

and 31 March 2025

452,067

NET BOOK VALUE

At 31 March 2025

452,067

At 31 March 2024

452,067

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

34,823

73,055

Other debtors

105,320

199,958

140,143

273,013

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

46,367

31,549

Taxation and social security

49,781

65,007

Other creditors

56,919

118,384

153,067

214,940

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

581,250

656,250

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

581,250

656,250

10.	ULTIMATE CONTROLLING PARTY

The controlling party is The Director and associates..

The ultimate controlling party is Mr Tarsem Lal Chopra.