REGISTERED NUMBER: 10395363 (England and Wales)

PGSA FITNESS LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30TH SEPTEMBER 2025

Page

Company Information

1

Balance Sheet

2

to

3

Notes to the Financial Statements

4

to

6

DIRECTOR:

S Alexander

REGISTERED OFFICE:

Flat 2, Bonsor House

212-214 Merton Road

London

London

SW19 1EQ

REGISTERED NUMBER:

10395363 (England and Wales)

ACCOUNTANTS:

Gibbons Mannington & Phipps LLP

Chartered Accountants

20 Eversley Road

Bexhill-on-Sea

East Sussex

TN40 1HE

FIXED ASSETS

Intangible assets

4

15,000

16,500

Tangible assets

5

297,294

315,320

312,294

331,820

CURRENT ASSETS

Debtors

6

19,200

7,588

Cash at bank

164,337

104,247

183,537

111,835

CREDITORS

Amounts falling due within one year

7

413,791

463,044

NET CURRENT LIABILITIES

(230,254

)

(351,209

)

TOTAL ASSETS LESS CURRENT LIABILITIES

82,040

(19,389

)

CREDITORS

Amounts falling due after more than one year

8

-

(9,335

)

PROVISIONS FOR LIABILITIES

(21,015

)

-

NET ASSETS/(LIABILITIES)

61,025

(28,724

)

CAPITAL AND RESERVES

Called up share capital

10

100

100

Retained earnings

60,925

(28,824

)

SHAREHOLDERS' FUNDS

61,025

(28,724

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th September 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th September 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 13th April 2026 and were signed by:

S Alexander - Director

1.	STATUTORY INFORMATION

PGSA Fitness 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.

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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Patents and licences are being amortised on a straight line basis over 15 years.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.

Improvements to property

-

in accordance with the property

Fixtures and fittings

-

25% on reducing balance

Computer equipment

-

33% 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

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.

Grant income recognition

Grant income has been recognised under the performance model.

Grants that do not specify any future performance-related conditions are recorded when the grant proceeds are received or receivable. Any grant that imposes specified future performance-related conditions is recognised only when the performance-related conditions are met. Grants received before the revenue recognition criteria are satisfied are recognised as a liability.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2024 - 3 ) .

4.	INTANGIBLE FIXED ASSETS

Patents

and

licences

£

COST

At 1st October 2024

and 30th September 2025

22,500

AMORTISATION

At 1st October 2024

6,000

Amortisation for year

1,500

At 30th September 2025

7,500

NET BOOK VALUE

At 30th September 2025

15,000

At 30th September 2024

16,500

5.	TANGIBLE FIXED ASSETS

Improvements

Fixtures

to

and

Computer

property

fittings

equipment

Totals

£

£

£

£

COST

At 1st October 2024

372,540

112,908

32,475

517,923

Additions

-

23,157

-

23,157

At 30th September 2025

372,540

136,065

32,475

541,080

DEPRECIATION

At 1st October 2024

99,396

70,732

32,475

202,603

Charge for year

24,849

16,334

-

41,183

At 30th September 2025

124,245

87,066

32,475

243,786

NET BOOK VALUE

At 30th September 2025

248,295

48,999

-

297,294

At 30th September 2024

273,144

42,176

-

315,320

6.

DEBTORS

2025

2024

£

£

Amounts falling due within one year:

Other debtors

19,200

-

Amounts falling due after more than one year:

Deferred tax asset

-

7,588

Aggregate amounts

19,200

7,588

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

9,335

37,339

Taxation and social security

20,970

8,505

Other creditors

383,486

417,200

413,791

463,044

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

-

9,335

9.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

2025

2024

£

£

Within one year

12,367

21,201

Between one and five years

-

12,367

12,367

33,568

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

100

Ordinary

1

100

100