REGISTERED NUMBER: 08623534 (England and Wales)

Unaudited Financial Statements

for the Period 30 March 2024 to 31 March 2025

for

Rapid Fitness Solutions Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

R A Edwards

M Edwards

REGISTERED OFFICE:

Castle House

Park Road

Banstead

Surrey

SM7 3BT

REGISTERED NUMBER:

08623534 (England and Wales)

ACCOUNTANTS:

Lawrence Chartered Accountants

Castle House

Park Road

Banstead

Surrey

SM7 3BT

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

14,393

25,456

14,393

25,456

CURRENT ASSETS

Stocks

20,291

5,466

Debtors

6

31,789

52,343

Cash at bank and in hand

25,933

8,203

78,013

66,012

CREDITORS

Amounts falling due within one year

7

48,488

55,187

NET CURRENT ASSETS

29,525

10,825

TOTAL ASSETS LESS CURRENT LIABILITIES

43,918

36,281

CREDITORS

Amounts falling due after more than one year

8

(11,191

)

(20,504

)

PROVISIONS FOR LIABILITIES

(2,735

)

(4,837

)

NET ASSETS

29,992

10,940

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

29,990

10,938

29,992

10,940

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

The members have not required the company to obtain an audit of its financial statements for the period 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 12 December 2025 and were signed on its behalf by:

M Edwards - Director

1.	STATUTORY INFORMATION

Rapid Fitness Solutions 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.

Preparation of consolidated financial statements

The financial statements contain information about Rapid Fitness Solutions Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated 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.

Goodwill

Goodwill has been fully amortised in previous years.

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 cost

Motor vehicles

-

25% on cost

Computer equipment

-

33% on cost

Stocks

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

Taxation

Taxation for the period 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 period 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.

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 period was 5 (2024 - 5 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 30 March 2024

and 31 March 2025

120,000

AMORTISATION

At 30 March 2024

and 31 March 2025

120,000

NET BOOK VALUE

At 31 March 2025

-

At 29 March 2024

-

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 30 March 2024

and 31 March 2025

45,930

DEPRECIATION

At 30 March 2024

20,474

Charge for period

11,063

At 31 March 2025

31,537

NET BOOK VALUE

At 31 March 2025

14,393

At 29 March 2024

25,456

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

29.3.24

£

£

Trade debtors

31,227

39,618

Other debtors

562

12,725

31,789

52,343

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

29.3.24

£

£

Hire purchase contracts

7,389

6,682

Trade creditors

2,511

11,624

Amounts owed to group undertakings

3,269

8,882

Taxation and social security

16,614

13,100

Other creditors

18,705

14,899

48,488

55,187

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

29.3.24

£

£

Hire purchase contracts

11,191

20,504