1 March 2025 v2026.16.1 limited_company_frs_102_section_1a_v1_1_3 companies_house Software false true true true No description of principal activity false true xbrli:pure xbrli:shares iso4217:GBP 08914062 2025-03-01 2026-02-28 08914062 2026-02-28 08914062 2025-02-28 08914062 core:WithinOneYear 2026-02-28 08914062 core:WithinOneYear 2025-02-28 08914062 core:AfterOneYear 2026-02-28 08914062 core:AfterOneYear 2025-02-28 08914062 core:ShareCapital 2026-02-28 08914062 core:ShareCapital 2025-02-28 08914062 core:RetainedEarningsAccumulatedLosses 2026-02-28 08914062 core:RetainedEarningsAccumulatedLosses 2025-02-28 08914062 bus:Director1 2025-03-01 2026-02-28 08914062 bus:Director2 2025-03-01 2026-02-28 08914062 bus:RegisteredOffice 2025-03-01 2026-02-28 08914062 core:NetGoodwill 2025-03-01 2026-02-28 08914062 2024-03-01 2025-02-28 08914062 core:NetGoodwill 2026-02-28 08914062 1 2025-03-01 2026-02-28 08914062 countries:EnglandWales 2025-03-01 2026-02-28 08914062 bus:AuditExempt-NoAccountantsReport 2025-03-01 2026-02-28 08914062 bus:PrivateLimitedCompanyLtd 2025-03-01 2026-02-28 08914062 bus:SmallEntities 2025-03-01 2026-02-28 08914062 bus:FullAccounts 2025-03-01 2026-02-28
Company registration number:
08914062
Reach Your Goals Ltd
Unaudited Filleted Financial Statements for the year ended
28 February 2026
Reach Your Goals Ltd
Statement of Financial Position
28 February 2026

|  | 2026 | 2025
--- | --- | --- | ---
| Note | £ | £
Current assets |  |  |  |  |
Debtors | 6 | 18,150 |  | 24,609 |
Cash at bank and in hand |  | 1,724 |  | 846 |
|  | 19,874 |  | 25,455 |
Creditors: amounts falling due within one year | 7 | (7,458 | ) | (6,865 | )
Net current assets |  | 12,416 |  | 18,590 |
Total assets less current liabilities |  | 12,416 |  | 18,590 |
Creditors: amounts falling due after more than one year | 8 | (16,108 | ) | (22,282 | )
Net liabilities |  | (3,692 | ) | (3,692 | )
Capital and reserves |  |  |  |  |
Called up share capital |  | 200 |  | 200 |
Profit and loss account |  | (3,892 | ) | (3,892 | )
Shareholders deficit |  | (3,692 | ) | (3,692 | )

For the year ending
28 February 2026
, the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These
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.
These
financial statements
were approved by the board of directors and authorised for issue on
1 May 2026
, and are signed on behalf of the board by:

F Davies-Polaine | B Gates
Director | Director

Company registration number:
08914062
Reach Your Goals Ltd
Notes to the Financial Statements
Year ended
28 February 2026

## 1 General information

The company is a private company limited by shares and is registered in England and Wales. The address of the registered office is
32 High Street
,
Burnham-On-Crouch
,
Essex
,
CM0 8AA
, United Kingdom.

## 2 Statement of compliance

These
financial statements
have been prepared in compliance with FRS 102 Section 1A, 'The Financial Reporting Standard applicable to the UK and Republic of Ireland'.

## 3 Accounting policies

## Basis of preparation

The
financial statements
have been prepared on the historical cost convention.
The
financial statements
are prepared in sterling, which is the functional currency of the company.

## Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2019, is being amortised evenly over its estimated useful life of five years. It has now been fully amortised.

## 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.

## Excess of liabilities over assets

The company has an excess of liabilities over assets at the balance sheet date due to significant balances being owed to companies within the group. The parent company has confirmed that it will not withdraw its support and it is considered appropriate that the financial statements are prepared on a going concern basis.

## 4 Average number of employees

The average number of persons employed by the company during the year was
2
(2025:
2.00
).

## 5 Intangible assets

| Goodwill
--- | ---
| £
Cost |  |
At 1 March 2025 and 28 February 2026 | 3,500 |
Amortisation |  |
At 1 March 2025 and 28 February 2026 | 3,500 |
Carrying amount |  |
At 28 February 2026 | - |
At 28 February 2025 | - |

## 6 Debtors

| 2026 | 2025
--- | --- | ---
| £ | £
Amounts owed by group undertakings and undertakings in which the company has a participating interest | 18,150 |  | 24,609 |

## 7 Creditors: amounts falling due within one year

| 2026 | 2025
--- | --- | ---
| £ | £
Bank loans and overdrafts | 7,458 |  | 6,865 |

## 8 Creditors: amounts falling due after more than one year

| 2026 | 2025
--- | --- | ---
| £ | £
Bank loans and overdrafts | 16,108 |  | 22,282 |

## 9 Related party transactions

At the balance sheet date the company was owed £18,150 by a company under common control (2025: £24,609).