Company No: 05895911 (England and Wales)

Contents

• Company Information
• Balance Sheet
• Notes to the Financial Statements

DIRECTORS	Mark Dominic Allan
	Susan Ann Allan

SECRETARY

Susan Ann Allan

REGISTERED OFFICE	19 Mansfield Street
	Foss Islands Road
	York
	YO31 7US
	United Kingdom

COMPANY NUMBER

05895911 (England and Wales)

ACCOUNTANT	Ian Walker & Co
	Wellington House
	Aviator Court
	Clifton Moor
	York
	YO30 4UZ

	Note	2025		2024
		£		£
Fixed assets
Tangible assets	4	595,831		606,457
		595,831		606,457
Current assets
Stocks	5	450		490
Debtors	6	43,015		1,026,052
Cash at bank and in hand	7	84,879		137,899
		128,344		1,164,441
Creditors: amounts falling due within one year	8	( 40,413)		( 1,073,072)
Net current assets		87,931		91,369
Total assets less current liabilities		683,762		697,826
Creditors: amounts falling due after more than one year	9	( 16,130)		( 15,639)
Provision for liabilities	10, 11	( 6,051)		( 10,355)
Accruals and deferred income		( 1,460)		( 1,837)
Net assets		660,121		669,995
Capital and reserves
Called-up share capital	12	10		10
Profit and loss account		660,111		669,985
Total shareholders' funds		660,121		669,995

For the financial year ending 31 August 2025 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 financial year in accordance with section 476;
• The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Statement of Income and Retained Earnings has not been delivered.

The financial statements of Swift Fitness (York) Limited (registered number: 05895911) were approved and authorised for issue by the Board of Directors on 06 May 2026. They were signed on its behalf by:

Mark Dominic Allan Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Swift Fitness (York) Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is 19 Mansfield Street, Foss Islands Road, York, YO31 7US, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Going concern

The directors have assessed the Balance Sheet and likely future cash flows at the date of approving these financial statements. The directors have a reasonable expectation that the Company has adequate resources to continue in operational existence and to meet its financial obligations as they fall due for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

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.

Turnover is recognised when the significant risks and rewards are considered to have been transferred to the customer.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Land and buildings	not depreciated
Plant and machinery etc.	25 % reducing balance
	4 years straight line

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Balance Sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the Statement of Income and Retained Earnings as described below.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to sell, which is equivalent to the net realisable value. Cost includes materials, direct labour and an attributable proportion of manufacturing overheads based on normal levels of activity. Cost is calculated using the FIFO (first-in, first-out) method. Provision is made for obsolete, slow-moving or defective items where appropriate.

At each reporting date, an assessment is made for impairment. Any excess of the carrying amount of stocks over its estimated selling price less costs to complete and sell is recognised as an impairment loss in profit or loss. Reversals of impairment losses are also recognised in profit or loss.

Provisions

Provisions are recognised when the Company has a present obligation (legal or constructive) as a result of a past event, it is probable that the Company will be required to settle that obligation and a reliable estimate can be made of the amount of the obligation.

The amount recognised as a provision is the best estimate of the consideration required to settle the present obligation at the Balance Sheet date, taking into account the risks and uncertainties surrounding the obligation. Where a provision is measured using the cash flows estimated to settle the present obligation, its carrying amount is the present value of those cash flows (when the effect of the time value of money is material).

When some or all of the economic benefits required to settle a provision are expected to be recovered from a third party, a receivable is recognised as an asset if it is virtually certain that reimbursement will be received and the amount of the receivable can be measured reliably.

2. Critical accounting judgements and key sources of estimation uncertainty

In the application of the Company’s accounting policies, the directors are required to make judgements that have a significant impact on the amounts recognised. The following are the critical judgements that the directors have made in the process of applying the Company’s accounting policies and that have the most significant effect on the amounts recognised in the financial statements.

3. Employees

	2025		2024
	Number		Number
Monthly average number of persons employed by the Company during the year, including directors	4		4

4. Tangible assets

	Land and buildings		Plant and machinery etc.		Total
	£		£		£
Cost
At 01 September 2024	563,983		281,747		845,730
At 31 August 2025	563,983		281,747		845,730
Accumulated depreciation
At 01 September 2024	0		239,273		239,273
Charge for the financial year	0		10,626		10,626
At 31 August 2025	0		249,899		249,899
Net book value
At 31 August 2025	563,983		31,848		595,831
At 31 August 2024	563,983		42,474		606,457

5. Stocks

	2025		2024
	£		£
Stocks	450		490

There are no material differences between the replacement cost of stock and the Balance Sheet amounts.

6. Debtors

	2025		2024
	£		£
Amounts owed by Group undertakings	29,549		1,023,762
Other debtors	13,466		2,290
	43,015		1,026,052

7. Cash and cash equivalents

	2025		2024
	£		£
Cash at bank and in hand	84,879		137,899

8. Creditors: amounts falling due within one year

	2025		2024
	£		£
Trade creditors	11,193		57,363
Taxation and social security	17,694		9,957
Obligations under finance leases and hire purchase contracts	0		4,748
Other creditors	11,526		1,001,004
	40,413		1,073,072

9. Creditors: amounts falling due after more than one year

	2025		2024
	£		£
Obligations under finance leases and hire purchase contracts	16,130		15,639

There are no amounts included above in respect of which any security has been given by the small entity.

10. Provision for liabilities

	2025		2024
	£		£
Deferred tax	6,051		10,355

11. Deferred tax

	2025		2024
	£		£
At the beginning of financial year	( 10,355)		( 10,355)
Credited to the Statement of Income and Retained Earnings	4,304		0
At the end of financial year	( 6,051)		( 10,355)

12. Called-up share capital

	2025		2024
	£		£
Allotted, called-up and fully-paid
10 Ordinary shares of £ 1.00 each	10		10