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Registered number: 11867967
TRIDENT FITNESS (SW) LTD
Unaudited Financial Statements
For The Year Ended 31 March 2025
LC Accountancy
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 11867967
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 749,416 440,432
749,416 440,432
CURRENT ASSETS
Debtors 5 265,461 215,252
Cash at bank and in hand 21,632 550
287,093 215,802
Creditors: Amounts Falling Due Within One Year 6 (60,010 ) (73,177 )
NET CURRENT ASSETS (LIABILITIES) 227,083 142,625
TOTAL ASSETS LESS CURRENT LIABILITIES 976,499 583,057
Creditors: Amounts Falling Due After More Than One Year 7 (416,533 ) (207,219 )
NET ASSETS 559,966 375,838
CAPITAL AND RESERVES
Called up share capital 8 100 100
Profit and Loss Account 559,866 375,738
SHAREHOLDERS' FUNDS 559,966 375,838
Page 1
Page 2
For the year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Craig Stephens
Director
18/04/2025
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
TRIDENT FITNESS (SW) LTD is a private company, limited by shares, incorporated in England & Wales, registered number 11867967 . The registered office is Unit G1 Beech Business Park, Bristol Road, Bridgwater, England, TA6 4FF.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
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:
Plant & Machinery 5 PERCENT REDUCING BALANCE
Fixtures & Fittings 5 PERCENT REDUCING BALANCE
3. Average Number of Employees
Average number of employees, including directors, during the year was: 11 (2024: 7)
11 7
4. Tangible Assets
Plant & Machinery Fixtures & Fittings Total
£ £ £
Cost
As at 1 April 2024 417,903 45,709 463,612
Additions 200,006 148,419 348,425
As at 31 March 2025 617,909 194,128 812,037
Depreciation
As at 1 April 2024 20,895 2,285 23,180
Provided during the period 29,850 9,591 39,441
As at 31 March 2025 50,745 11,876 62,621
Net Book Value
As at 31 March 2025 567,164 182,252 749,416
As at 1 April 2024 397,008 43,424 440,432
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5. Debtors
2025 2024
£ £
Due within one year
Trade debtors 37,793 68,252
Due after more than one year
Other debtors 227,668 147,000
265,461 215,252
6. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 1 1
Bank loans and overdrafts - 28,245
Other creditors 5,171 27,550
Taxation and social security 54,838 17,381
60,010 73,177
7. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Bank loans 95,568 262,147
Other loans 320,965 (54,928 )
416,533 207,219
8. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 100 100
Page 4