REGISTERED NUMBER: 12178040 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 August 2025

for

The Project Health & Fitness Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

E Turner

REGISTERED OFFICE:

Unit 4

Turnoaks Lane

Chesterfield

Derbyshire

S40 2HA

REGISTERED NUMBER:

12178040 (England and Wales)

ACCOUNTANTS:

Elizabeth Rose

Chartered Certified Accountant

4 Hesketh Close

Codnor

Ripley

Derbyshire

DE5 9TT

FIXED ASSETS

Tangible assets

4

92,116

104,902

CURRENT ASSETS

Cash at bank

14,221

8,053

CREDITORS

Amounts falling due within one year

5

32,684

26,691

NET CURRENT LIABILITIES

(18,463

)

(18,638

)

TOTAL ASSETS LESS CURRENT LIABILITIES

73,653

86,264

CREDITORS

Amounts falling due after more than one year

6

(14,955

)

(27,563

)

PROVISIONS FOR LIABILITIES

(18,311

)

(19,931

)

NET ASSETS

40,387

38,770

CAPITAL AND RESERVES

Called up share capital

4

2

Retained earnings

40,383

38,768

40,387

38,770

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 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 31 December 2025 and were signed by:

E Turner - Director

1.	STATUTORY INFORMATION

The Project Health & Fitness 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.

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.

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.

Plant and machinery etc

-

25% on cost, 20% on cost and 15% on cost

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

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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

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 3 (2024 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 September 2024

150,571

Additions

12,918

At 31 August 2025

163,489

DEPRECIATION

At 1 September 2024

45,669

Charge for year

25,704

At 31 August 2025

71,373

NET BOOK VALUE

At 31 August 2025

92,116

At 31 August 2024

104,902

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and

machinery

etc

£

COST

At 1 September 2024

and 31 August 2025

36,900

DEPRECIATION

Charge for year

7,380

At 31 August 2025

7,380

NET BOOK VALUE

At 31 August 2025

29,520

At 31 August 2024

36,900

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.8.25

31.8.24

£

£

Bank loans and overdrafts

4,489

4,489

Hire purchase contracts

8,252

8,740

Taxation and social security

13,890

5,586

Other creditors

6,053

7,876

32,684

26,691

6.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.8.25

31.8.24

£

£

Bank loans

375

4,864

Hire purchase contracts

14,580

22,699

14,955

27,563

7.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

At 31st August 2025 the company owed to it's director, Mr. E. Turner, the sum of £310 (2024: £435). This is repayable on demand.

8.	ULTIMATE CONTROLLING PARTY

There is no ultimate controlling party as no one person owns more than 50% of the issued ordinary share capital.