Fortitude Academy LLP

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: OC372981

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		18,413		2,052

			18,413		2,052
CURRENT ASSETS
Stocks	5	2,300		2,300
Debtors	6	115,414		68,563
Cash at bank and in hand		44,540		51,794

		162,254		122,657
Creditors: Amounts Falling Due Within One Year	7	(60,555 )		(30,052 )

NET CURRENT ASSETS (LIABILITIES)			101,699		92,605

TOTAL ASSETS LESS CURRENT LIABILITIES			120,112		94,657

NET ASSETS ATTRIBUTABLE TO MEMBERS			120,112		94,657

REPRESENTED BY:
Loans and other debts due to members within one year
Other amounts		120,112		94,657

			120,112		94,657

			120,112		94,657

TOTAL MEMBERS' INTEREST
Amounts due from members			(115,414)		(68,479)
Loans and other debts due to members within one year			120,112		94,657

			4,698		26,178

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Fortitude Academy LLP

Balance Sheet (continued)

As At 31 March 2025

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.

On behalf of the members

Mr David Hodson

Designated Member

10/12/2025

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Fortitude Academy LLP is a limited liability partnership, incorporated in England & Wales, registered number OC372981 . The Registered Office is 51 St Mary's Road, Tonbridge, Kent, TN9 2LE.

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 and from the rendering of services. 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.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

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:

Freehold	25% straight line basis
Leasehold	25% straight line basis
Plant & Machinery	25% straight line basis
Motor Vehicles	25% straight line basis
Fixtures & Fittings	25% straight line basis
Computer Equipment	25% straight line basis

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: 2 (2024: 2)

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Fortitude Academy LLP

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

4. Tangible Assets

	Land & Property
	Freehold	Plant & Machinery	Motor Vehicles	Fixtures & Fittings
	£	£	£	£
Cost
As at 1 April 2024	264	440	41,379	2,434
Additions	-	-	24,190	110

As at 31 March 2025	264	440	65,569	2,544

Depreciation
As at 1 April 2024	264	440	39,754	2,434
Provided during the period	-	-	7,671	28

As at 31 March 2025	264	440	47,425	2,462

Net Book Value
As at 31 March 2025	-	-	18,144	82

As at 1 April 2024	-	-	1,625	-


	Computer Equipment	Total
	£	£
Cost
As at 1 April 2024	4,082	48,599
Additions	-	24,300

As at 31 March 2025	4,082	72,899

Depreciation
As at 1 April 2024	3,655	46,547
Provided during the period	240	7,939

As at 31 March 2025	3,895	54,486

Net Book Value
As at 31 March 2025	187	18,413

As at 1 April 2024	427	2,052

5. Stocks

	2025	2024
	£	£
Finished goods	2,300	2,300

6. Debtors

	2025	2024
	£	£
Due within one year
Prepayments and accrued income	-	84
Amounts due from members	115,414	68,479

	115,414	68,563

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Fortitude Academy LLP

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

7. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	(4,289 )	(5,412 )
Other taxes and social security	96	96
Other creditors	4,590	2,624
Intercompany - National Taekwondo	483	378
Intercompany account - Fortitude Limited	59,571	32,267
Pension Liability	104	99

	60,555	30,052

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