REGISTERED NUMBER: 07564345 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

POWER HOUSE GYM (UK) LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

K Hussain

REGISTERED OFFICE:

Unit 23 St Georges Road

Donnington

Telford

Shrops

TF2 7QZ

REGISTERED NUMBER:

07564345 (England and Wales)

ACCOUNTANTS:

Armstrongs

Chartered Accountants and Tax Advisers

1 & 2 Mercia Village

Torwood Close

Westwood Business Park

Coventry

West Midlands

CV4 8HX

FIXED ASSETS

Tangible assets

4

17,985

22,481

CURRENT ASSETS

Debtors

5

96,393

76,043

Cash at bank

602

1,363

96,995

77,406

CREDITORS

Amounts falling due within one year

6

38,112

29,762

NET CURRENT ASSETS

58,883

47,644

TOTAL ASSETS LESS CURRENT LIABILITIES

76,868

70,125

CREDITORS

Amounts falling due after more than one year

7

(22,249

)

(27,589

)

PROVISIONS FOR LIABILITIES

(4,496

)

(4,271

)

NET ASSETS

50,123

38,265

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

50,023

38,165

SHAREHOLDERS' FUNDS

50,123

38,265

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 director acknowledges his 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 director and authorised for issue on 9 December 2025 and were signed by:

K Hussain - Director

1.	STATUTORY INFORMATION

Power House Gym (UK) Ltd 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

Related party exemption

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Turnover

When the outcome of a transaction can be estimated reliably, turnover from gym memberships and goods sold is recognised in relation to the accounting period under review. Stage of completion of a transaction is recognised once the monetary value of the service provided by the company has been received by the customer due to the nature of the business.

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

-

20% on reducing balance

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred 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.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

£

COST

At 1 April 2024

and 31 March 2025

79,007

DEPRECIATION

At 1 April 2024

56,526

Charge for year

4,496

At 31 March 2025

61,022

NET BOOK VALUE

At 31 March 2025

17,985

At 31 March 2024

22,481

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Amounts owed by group undertakings

91,393

71,043

Other debtors

5,000

5,000

96,393

76,043

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

5,340

5,340

Trade creditors

175

-

Amounts owed to group undertakings

8,743

8,434

Corporation tax

4,457

2,793

Social security and other taxes

728

728

Credit card

15,765

9,677

Accrued expenses

2,904

2,790

38,112

29,762

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans - 1-2 years

5,340

5,340

Bank loans - 2-5 years

16,019

16,019

Bank loans more 5 yr by instal

890

6,230

22,249

27,589

2025

2024

£

£

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

890

6,230

8.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is K Hussain.