Company No: 13764055 (England and Wales)

Contents

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

Director

K Singh

Registered office	Kreston Reeves Innovation House
	Ramsgate Road
	Sandwich
	CT13 9FF
	United Kingdom

Company number

13764055 (England and Wales)

Accountant	Kreston Reeves LLP
	Suite 2
	Orchard House
	Orchard Street
	Canterbury
	Kent
	CT2 8AR

	Note	31.05.2025		31.05.2024
		£		£
Fixed assets
Tangible assets	3	19,982		20,454
		19,982		20,454
Current assets
Debtors	4	562,134		193,264
Cash at bank and in hand		66,829		10,508
		628,963		203,772
Creditors: amounts falling due within one year	5	( 590,005)		( 218,725)
Net current assets/(liabilities)		38,958		(14,953)
Total assets less current liabilities		58,940		5,501
Net assets		58,940		5,501
Capital and reserves
Called-up share capital	6	1		1
Profit and loss account		58,939		5,500
Total shareholder's funds		58,940		5,501

For the financial year ending 31 May 2025 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

• The member has not required the Company to obtain an audit of its financial statements for the financial year in accordance with section 476;
• The director acknowledges 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 Thorpe Bay Fitness Ltd (registered number: 13764055) were approved and authorised for issue by the Director on 28 May 2026. They were signed on its behalf by:

K Singh 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 period, unless otherwise stated.

General information and basis of accounting

Thorpe Bay Fitness Ltd (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 Kreston Reeves Innovation House, Ramsgate Road, Sandwich, CT13 9FF, United Kingdom.

The financial statements are rounded to the nearest pound.

The company's functional and presentational currency is Pounds Sterling.

Turnover

Turnover is stated net of VAT and trade discounts and is recognised when the significant risks and rewards are considered to have been transferred to the buyer. Turnover from the supply of services represents the value of services provided under contracts to the extent that there is a right to consideration and is recorded at the fair value of the consideration received or receivable. Where a contract has only been partially completed at the Balance Sheet date turnover represents the fair value of the service provided to date based on the stage of completion of the contract activity at the Balance Sheet date. Where payments are received from customers in advance of services provided, the amounts are recorded as deferred income and included as part of creditors due within one year.

Employee benefits

Defined contribution schemes
The Company operates a defined contribution scheme. The amount charged to the Statement of Income and Retained Earnings in respect of pension costs and other post-retirement benefits is the contributions payable in the financial year. Differences between contributions payable in the financial year and contributions actually paid are included as either accruals or prepayments in the Balance Sheet.

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:

Plant and machinery	20 % reducing balance
Fixtures and fittings	20 % reducing balance

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.

Leases

The Company as lessee
Assets held under finance leases, hire purchase contracts and other similar arrangements, which confer rights and obligations similar to those attached to owned assets, are capitalised as tangible fixed assets at the fair value of the leased asset (or, if lower, the present value of the minimum lease payments as determined at the inception of the lease) and are depreciated over the shorter of the lease terms and their useful lives. The capital elements of future lease obligations are recorded as liabilities, while the interest elements are charged to the Statement of Income and Retained Earnings over the period of the leases to produce a constant periodic rate of interest on the remaining balance of the liability.

Rentals under operating leases are charged on a straight-line basis over the lease term, even if the payments are not made on such a basis. Benefits received and receivable as an incentive to sign an operating lease are similarly spread on a straight-line basis over the lease term.

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.

Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in creditors: amounts falling due within one year.

Trade and other creditors

Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost.

2. Employees

	Year ended 31.05.2025		Period from 01.12.2022 to 31.05.2024
	Number		Number
Monthly average number of persons employed by the Company during the year, including the director	22		20

3. Tangible assets

	Plant and machinery		Fixtures and fittings		Total
	£		£		£
Cost
At 01 June 2024	13,907		21,860		35,767
Additions	2,623		1,193		3,816
At 31 May 2025	16,530		23,053		39,583
Accumulated depreciation
At 01 June 2024	6,119		9,194		15,313
Charge for the financial year	1,645		2,643		4,288
At 31 May 2025	7,764		11,837		19,601
Net book value
At 31 May 2025	8,766		11,216		19,982
At 31 May 2024	7,788		12,666		20,454

4. Debtors

	31.05.2025		31.05.2024
	£		£
Trade debtors	7,693		1,620
Amounts owed by Group undertakings	461,372		82,462
Prepayments	58,613		31,943
VAT recoverable	28,665		58,248
Other debtors	5,791		18,991
	562,134		193,264

5. Creditors: amounts falling due within one year

	31.05.2025		31.05.2024
	£		£
Trade creditors	95,993		76,461
Amounts owed to Group undertakings	344,531		0
Accruals	116,278		136,431
Taxation and social security	32,767		5,833
Other creditors	436		0
	590,005		218,725

6. Called-up share capital

	31.05.2025		31.05.2024
	£		£
Allotted, called-up and fully-paid
1 Ordinary share of £ 1.00	1		1

7. Related party transactions

All related party transactions during the current period, including key management personnel compensation, were made under normal market conditions.

8. Commitments under operating leases

At 31 May 2025 the Company had future minimum lease payments due under non-cancellable operating leases for each of the following periods:

	31.05.2025		31.05.2024
	£		£
Not later than 1 year	155,000		129,166
Later than 1 year and not later than 5 years	620,000		620,000
Later than 5 years	490,833		645,833
	1,265,833		1,394,999

9. Ultimate controlling party

The company is a wholly owned subsidiary of Trugym Topco Limited, a company incorporated in England.

The director considers there to be no ultimate controlling party.