Company registration number 13254907 (England and Wales)
FIT EXPRESS LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
PAGES FOR FILING WITH REGISTRAR
FIT EXPRESS LIMITED
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 4
FIT EXPRESS LIMITED
BALANCE SHEET
AS AT
31 MARCH 2025
31 March 2025
- 1 -
2025
2024
Notes
£
£
£
£
Current assets
Debtors
3
87,364
211,484
Cash at bank and in hand
109,664
140,107
197,028
351,591
Creditors: amounts falling due within one year
4
(184,352)
(341,036)
Net current assets
12,676
10,555
Capital and reserves
Called up share capital
5
100
100
Profit and loss reserves
12,576
10,455
Total equity
12,676
10,555

The director of the company has elected not to include a copy of the profit and loss account within the financial statements.true

For the financial year ended 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The director acknowledges her responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

T he members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved and signed by the director and authorised for issue on 17 November 2025
Stefanie Murray
Director
Company registration number 13254907 (England and Wales)
FIT EXPRESS LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
- 2 -
1
Accounting policies
Company information

Fit Express Limited is a private company limited by shares incorporated in England and Wales. The registered office is Office 1, The Works, Unit 1 High Street, Thorpe-Le-Soken, Clacton-On-Sea, United Kingdom, CO16 0EA.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary a mounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention, modified to include financial instruments at fair value. The principal accounting policies adopted are set out below.

1.2
Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

1.3
Financial instruments

The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument..

Basic financial assets

Basic financial assets include debtors and cash and bank balances.

Debtors

Debtors do not carry any interest and are stated at their nominal value. Appropriate allowances for estimated irrecoverable amounts are recognised in the Profit and Loss account when there is objective evidence that the asset is impaired.

Cash at bank and in hand
Cash at bank and in hand include cash in hand, deposits held at call with banks and other short-term liquid investments with original maturities of three months or less.
Derecognition of financial assets

Financial assets are derecognised only when the contractual rights to the cash flows from the asset expire or are settled, or when the company transfers the financial asset and substantially all the risks and rewards of ownership to another entity, or if some significant risks and rewards of ownership are retained but control of the asset has transferred to another party that is able to sell the asset in its entirety to an unrelated third party.

Classification of financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

FIT EXPRESS LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
1
Accounting policies
(Continued)
- 3 -
Basic financial liabilities
Basic financial liabilities include creditors. Creditors are not interest bearing and are stated at their nominal value.
Derecognition of financial liabilities

Financial liabilities are derecognised when the company’s contractual obligations expire or are discharged or cancelled.

1.4
Taxation

The tax expense represents the sum of the tax currently payable.

Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

1.5
Employee benefits

The costs of short-term employee benefits are recognised as a liability and an expense, unless those costs are required to be recognised as part of the cost of stock or fixed assets.

The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

Termination benefits are recognised immediately as an expense when the company is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

1.6
Foreign exchange

Transactions in currencies other than pounds sterling are recorded at the rates of exchange prevailing at the dates of the transactions. At each reporting end date, monetary assets and liabilities that are denominated in foreign currencies are retranslated at the rates prevailing on the reporting end date. Gains and losses arising on translation in the period are included in profit or loss.

2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2025
2024
Number
Number
Total
1
1
FIT EXPRESS LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
- 4 -
3
Debtors
2025
2024
Amounts falling due within one year:
£
£
Trade debtors
22,075
201,144
Other debtors
65,289
10,340
87,364
211,484
4
Creditors: amounts falling due within one year
2025
2024
£
£
Trade creditors
164,019
296,847
Corporation tax
497
1,394
Other taxation and social security
1,880
30,098
Other creditors
17,956
12,697
184,352
341,036
5
Called up share capital
2025
2024
Ordinary share capital
£
£
Issued and fully paid
100 Ordinary Shares of £1 each
100
100
2025-03-31 2024-04-01 false false false CCH Software CCH Accounts Production 2025.200 No description of principal activity Miss Stefanie Murray 13254907 2024-04-01 2025-03-31 13254907 2025-03-31 13254907 2024-03-31 13254907 core:CurrentFinancialInstruments core:WithinOneYear 2025-03-31 13254907 core:CurrentFinancialInstruments core:WithinOneYear 2024-03-31 13254907 core:CurrentFinancialInstruments 2025-03-31 13254907 core:CurrentFinancialInstruments 2024-03-31 13254907 core:ShareCapital 2025-03-31 13254907 core:ShareCapital 2024-03-31 13254907 core:RetainedEarningsAccumulatedLosses 2025-03-31 13254907 core:RetainedEarningsAccumulatedLosses 2024-03-31 13254907 core:ShareCapitalOrdinaryShareClass1 2025-03-31 13254907 core:ShareCapitalOrdinaryShareClass1 2024-03-31 13254907 bus:Director1 2024-04-01 2025-03-31 13254907 2023-04-01 2024-03-31 13254907 core:WithinOneYear 2025-03-31 13254907 core:WithinOneYear 2024-03-31 13254907 bus:OrdinaryShareClass1 2024-04-01 2025-03-31 13254907 bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 13254907 bus:FRS102 2024-04-01 2025-03-31 13254907 bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 13254907 bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 13254907 bus:FullAccounts 2024-04-01 2025-03-31 xbrli:pure xbrli:shares iso4217:GBP