REGISTERED NUMBER: 10621231 (England and Wales)

Unaudited Financial Statements for the Year Ended 30 September 2025

for

KMP Fitness Limited

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTORS:

Mr N N Patel

Mr V M Patel

Mr K M Patel

REGISTERED OFFICE:

Third Floor

126-134 Baker Street

London

W1U 6UE

REGISTERED NUMBER:

10621231 (England and Wales)

ACCOUNTANTS:

Andrew Murray & Co

Business Advisors and Statutory Auditors

144-146 Kings Cross Road

King's Cross

WC1X 9DU

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

2,342,328

2,321,141

Investments

6

500

500

2,342,828

2,321,641

CURRENT ASSETS

Debtors

7

258,062

248,386

Cash at bank and in hand

416,872

52,641

674,934

301,027

CREDITORS

Amounts falling due within one year

8

514,768

508,591

NET CURRENT ASSETS/(LIABILITIES)

160,166

(207,564

)

TOTAL ASSETS LESS CURRENT LIABILITIES

2,502,994

2,114,077

CREDITORS

Amounts falling due after more than one year

9

(2,386,756

)

(2,416,655

)

PROVISIONS FOR LIABILITIES

13

(434,785

)

(452,509

)

NET LIABILITIES

(318,547

)

(755,087

)

CAPITAL AND RESERVES

Called up share capital

14

99

99

Retained earnings

15

(318,646

)

(755,186

)

SHAREHOLDER FUNDS

(318,547

)

(755,087

)

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were authorised for issue by the Board of Directors and authorised for issue on 23 June 2026 and were signed on its behalf by:

Mr K M Patel - Director

1.	STATUTORY INFORMATION

KMP 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.

Going Concern

The financial statements have been prepared on a going concern basis, notwithstanding the fact that there is a net current asset of £160,166 (2024:Net current liability of £207,564) on the balance sheet. The Directors, having made appropriate enquiries, are satisfied that the company will receive continued support from the company's ultimate shareholders and the company will be able to meet its liabilities as they fall due for payment. Therefore, the directors are of the opinion that it is appropriate to adopt the going concern basis in preparing the financial statements. The financial statements do not include the adjustments that would result if the company was unable to continue as a going concern.

Turnover

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

Turnover represents amounts receivable for membership and usage of fitness facilities. Fees for the usage of fitness facilities is recognised for the period for which it is due. Membership fees are recognised for the period for which they are due.

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.

Franchise licences are being amortised evenly over term of the agreement.

Tangible fixed assets

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

Short leasehold

-

Over the lease term

Plant and machinery

-

25% on cost

Fixtures and fittings

-

25% on cost

Computer equipment

-

25% on cost

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

Financial instruments

Financial assets and financial liabilities are recognised in the balance sheet when the company becomes a party to the contractual provisions of the instrument.

Trade and other debtors and creditors are classified as basic financial instruments and measured at initial recognition at transaction price. Debtors and creditors are subsequently measured at amortised cost using the effective interest rate method. A provision is established when there is objective evidence that the company will not be able to collect all amounts due.

Cash and cash equivalents are classified as basic financial instruments and comprise cash in hand and at bank and bank overdrafts which are an integral part of the company's cash management.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 13 (2024 - 11 ) .

4.	INTANGIBLE FIXED ASSETS

Franchise

licence

£

COST

At 1 October 2024

and 30 September 2025

376,120

AMORTISATION

At 1 October 2024

and 30 September 2025

376,120

NET BOOK VALUE

At 30 September 2025

-

At 30 September 2024

-

5.	TANGIBLE FIXED ASSETS

Fixtures

Short

Plant and

and

leasehold

machinery

fittings

£

£

£

COST

At 1 October 2024

2,367,572

1,079,407

22,231

Additions

-

345,085

7,887

At 30 September 2025

2,367,572

1,424,492

30,118

DEPRECIATION

At 1 October 2024

480,359

702,594

12,364

Charge for year

146,554

176,672

5,075

At 30 September 2025

626,913

879,266

17,439

NET BOOK VALUE

At 30 September 2025

1,740,659

545,226

12,679

At 30 September 2024

1,887,213

376,813

9,867

Motor

Computer

vehicles

equipment

Totals

£

£

£

COST

At 1 October 2024

35,072

32,346

3,536,628

Additions

-

12,271

365,243

At 30 September 2025

35,072

44,617

3,901,871

DEPRECIATION

At 1 October 2024

2,975

17,195

1,215,487

Charge for year

8,926

6,829

344,056

At 30 September 2025

11,901

24,024

1,559,543

NET BOOK VALUE

At 30 September 2025

23,171

20,593

2,342,328

At 30 September 2024

32,097

15,151

2,321,141

The net book value of fixed assets of £2,342,328 (2024: £2,321,141) includes an amount of £386,347 (2024: £164,742) in respect of assets held under finance leases. Depreciation charge for the year on these assets was £103,836 (2023: £109,074).

6.	FIXED ASSET INVESTMENTS

7.

DEBTORS

30.9.25

30.9.24

£

£

Amounts falling due within one year:

Trade debtors

377

704

Rent deposits

99,750

99,750

VAT

-

3,620

Prepayments

157,935

126,591

258,062

230,665

Amounts falling due after more than one year:

Amounts owed by group undertakings

-

17,721

Aggregate amounts

258,062

248,386

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.25

30.9.24

£

£

Bank loans and overdrafts (see note 10)

14,049

35,986

Finance leases (see note 11)

126,511

108,591

Trade creditors

193,071

255,679

Social security and other taxes

13,001

8,139

VAT

38,562

-

Sundry creditors

500

500

Directors' current accounts

40,500

33,000

Accrued expenses

88,574

66,696

514,768

508,591

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30.9.25

30.9.24

£

£

Bank loans (see note 10)

-

30,432

Finance leases (see note 11)

350,541

193,917

Amounts owed to group undertakings

803,866

501,466

Other creditors

1,232,349

1,690,840

2,386,756

2,416,655

10.

LOANS

An analysis of the maturity of loans is given below:

30.9.25

30.9.24

£

£

Amounts falling due within one year or on demand:

Bank loans

7,164

25,764

BBLS Loan <1year

6,885

10,222

14,049

35,986

Amounts falling due between one and two years:

Bank loans - 1-2 years

-

23,617

BBLS Loan 1-2 years

-

6,815

-

30,432

Due to uncertainties relating to Covid19 pandemic the company had received bounce back loan of £50,000 from HSBC Bank Plc. During the year the company repaid £10,152 (2024: £10,084) and the balance due to HSBC Bank at the balance sheet date amounted to £6,885 (2024:£17,037). This loan is supported by the government scheme and repayable by instalment within five years.

11.	LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Finance leases

30.9.25

30.9.24

£

£

Net obligations repayable:

Within one year

126,511

108,591

Between one and five years

350,541

193,917

477,052

302,508

Non-cancellable

operating leases

30.9.25

30.9.24

£

£

Within one year

426,010

410,522

Between one and five years

1,699,176

1,735,806

In more than five years

863,730

643,768

2,988,916

2,790,096

Amounts due under H.P. agreements and finance leases are secured on plant and machinery acquired using H.P. Finance leases.

12.	SECURED DEBTS

The following secured debts are included within creditors:

30.9.25

30.9.24

£

£

Bank loans

7,164

49,381

The bank loans are secured by way of fixed and floating charge over all the property and undertakings of the company.

13.	PROVISIONS FOR LIABILITIES

30.9.25

30.9.24

£

£

Deferred tax

Accelerated capital allowances

434,785

452,509

Deferred

tax

£

Balance at 1 October 2024

452,509

Provided during year

(17,724

)

Balance at 30 September 2025

434,785

14.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.9.25

30.9.24

value:

£

£

99

Ordinary

£1

99

99

15.

RESERVES

Retained

earnings

£

At 1 October 2024

(755,186

)

Profit for the year

436,540

At 30 September 2025

(318,646

)

16.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

At the balance sheet date the company owed £40,500 (2024: £33,000) to its directors.

Included in other creditors (more than 1 year) is an amount of £44,547 (2024:£474,962) owed by the company to one of its directors.

17.	RELATED PARTY DISCLOSURES

Included in other creditors (more than 1 year) is an amount of £1,154,487 (2024: £1,176,327) owed by the company to KMP Propfin Ltd, a related party entity. During the year interest of £90,724 (2024: £86,411) was charged by KMP Propfin Ltd on this loan.

Also included in other creditors (more than 1 year) is an amount of £6,315 (2024: £17,051) owed by the company to KMP & Sons, a related party entity.

18.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is not known.