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Company Registration No. 10423572 (England and Wales)
FIT1 LTD Unaudited accounts for the year ended 31 October 2025
FIT1 LTD Unaudited accounts Contents
Page
Company information
3
Accountants' report
4
Statement of financial position
5
Notes to the accounts
6
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FIT1 LTD Company Information for the year ended 31 October 2025
Director
Constantin-Dorin BRANZEA
Company Number
10423572 (England and Wales)
Registered Office
UNIT 5 CAVENDISH WORKS 197 BURNT OAK BROADWAY EDGWARE MIDDLESEX HA8 5EH ENGLAND
Accountants
P&K Associates Limited CIMA Practising Certificate Holder 183, Burntoak Broadway EDGWARE Middlesex HA8 5EH
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FIT1 LTD Accountants' report
Accountants' report to the director of FIT1 LTD on the preparation of the unaudited statutory accounts for the year ended 31 October 2025
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of FIT1 LTD for the year ended 31 October 2025 as set out on pages 5 - 7 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of FIT1 LTD, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of FIT1 LTD and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than FIT1 LTD and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that FIT1 LTD has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of FIT1 LTD. You consider that FIT1 LTD is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of FIT1 LTD. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
P&K Associates Limited CIMA Practising Certificate Holder 183, Burntoak Broadway EDGWARE Middlesex HA8 5EH 22 June 2026
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FIT1 LTD Statement of financial position as at 31 October 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Intangible assets
4
2,170 
3,217 
Tangible assets
5
16,279 
23,003 
18,449 
26,220 
Current assets
Debtors
6
5,000 
5,000 
Cash at bank and in hand
54,557 
33,167 
59,557 
38,167 
Creditors: amounts falling due within one year
7
(98,065)
(116,582)
Net current liabilities
(38,508)
(78,415)
Total assets less current liabilities
(20,059)
(52,195)
Creditors: amounts falling due after more than one year
8
- 
(7,408)
Net liabilities
(20,059)
(59,603)
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
(20,060)
(59,604)
Shareholders' funds
(20,059)
(59,603)
For the year ending 31 October 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 22 June 2026 and were signed on its behalf by
Constantin-Dorin BRANZEA Director Company Registration No. 10423572
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FIT1 LTD Notes to the Accounts for the year ended 31 October 2025
1
Statutory information
FIT1 LTD is a private company, limited by shares, registered in England and Wales, registration number 10423572. The registered office is UNIT 5 CAVENDISH WORKS, 197 BURNT OAK BROADWAY, EDGWARE, MIDDLESEX, HA8 5EH, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
10%
4
Intangible fixed assets
Other 
£ 
Cost
At 1 November 2024
10,471 
At 31 October 2025
10,471 
Amortisation
At 1 November 2024
7,254 
Charge for the year
1,047 
At 31 October 2025
8,301 
Net book value
At 31 October 2025
2,170 
At 31 October 2024
3,217 
- 6 -
FIT1 LTD Notes to the Accounts for the year ended 31 October 2025
5
Tangible fixed assets
Plant & machinery 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 November 2024
53,060 
7,490 
60,550 
At 31 October 2025
53,060 
7,490 
60,550 
Depreciation
At 1 November 2024
30,526 
7,021 
37,547 
Charge for the year
6,255 
469 
6,724 
At 31 October 2025
36,781 
7,490 
44,271 
Net book value
At 31 October 2025
16,279 
- 
16,279 
At 31 October 2024
22,534 
469 
23,003 
6
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
Accrued income and prepayments
5,000 
5,000 
7
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
Bank loans and overdrafts
7,408 
10,000 
VAT
4,745 
5,429 
Taxes and social security
731 
176 
Loans from directors
85,181 
100,977 
98,065 
116,582 
8
Creditors: amounts falling due after more than one year
2025 
2024 
£ 
£ 
Bank loans
- 
7,408 
9
Average number of employees
During the year the average number of employees was 3 (2024: 4).
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