Acorah Software Products - Accounts Production 19.2.450 false true true 31 October 2024 1 September 2023 false 1 November 2024 31 October 2025 31 October 2025 SC457754 Mr R Stewart Mr R Stewart true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure SC457754 2024-10-31 SC457754 2025-10-31 SC457754 2024-11-01 2025-10-31 SC457754 frs-core:CurrentFinancialInstruments 2025-10-31 SC457754 frs-core:Non-currentFinancialInstruments 2025-10-31 SC457754 frs-core:ComputerEquipment 2025-10-31 SC457754 frs-core:ComputerEquipment 2024-11-01 2025-10-31 SC457754 frs-core:ComputerEquipment 2024-10-31 SC457754 frs-core:FurnitureFittings 2025-10-31 SC457754 frs-core:FurnitureFittings 2024-11-01 2025-10-31 SC457754 frs-core:FurnitureFittings 2024-10-31 SC457754 frs-core:PlantMachinery 2025-10-31 SC457754 frs-core:PlantMachinery 2024-11-01 2025-10-31 SC457754 frs-core:PlantMachinery 2024-10-31 SC457754 frs-core:WithinOneYear 2025-10-31 SC457754 frs-core:ShareCapital 2025-10-31 SC457754 frs-core:RetainedEarningsAccumulatedLosses 2025-10-31 SC457754 frs-bus:PrivateLimitedCompanyLtd 2024-11-01 2025-10-31 SC457754 frs-bus:FilletedAccounts 2024-11-01 2025-10-31 SC457754 frs-bus:SmallEntities 2024-11-01 2025-10-31 SC457754 frs-bus:AuditExempt-NoAccountantsReport 2024-11-01 2025-10-31 SC457754 frs-bus:SmallCompaniesRegimeForAccounts 2024-11-01 2025-10-31 SC457754 1 2024-11-01 2025-10-31 SC457754 frs-bus:Director1 2024-11-01 2025-10-31 SC457754 frs-bus:Director1 2024-10-31 SC457754 frs-bus:Director1 2025-10-31 SC457754 frs-countries:Scotland 2024-11-01 2025-10-31 SC457754 2023-08-31 SC457754 2024-10-31 SC457754 2023-09-01 2024-10-31 SC457754 frs-core:CurrentFinancialInstruments 2024-10-31 SC457754 frs-core:Non-currentFinancialInstruments 2024-10-31 SC457754 frs-core:BetweenOneFiveYears 2024-10-31 SC457754 frs-core:WithinOneYear 2024-10-31 SC457754 frs-core:ShareCapital 2024-10-31 SC457754 frs-core:RetainedEarningsAccumulatedLosses 2024-10-31
Registered number: SC457754
RSF Personal Training & Bootcamps Ltd
Unaudited Financial Statements
For The Year Ended 31 October 2025
GMH Chartered Accountants
Pavilion 3, Suite 2
St James Business Park
Paisley
Renfrewshire
PA3 3BB
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: SC457754
31 October 2025 31 October 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 32,823 47,194
32,823 47,194
CURRENT ASSETS
Debtors 5 62,931 58,252
Cash at bank and in hand 16,697 29,788
79,628 88,040
Creditors: Amounts Falling Due Within One Year 6 (98,083 ) (109,473 )
NET CURRENT ASSETS (LIABILITIES) (18,455 ) (21,433 )
TOTAL ASSETS LESS CURRENT LIABILITIES 14,368 25,761
Creditors: Amounts Falling Due After More Than One Year 7 (16,164 ) (20,843 )
PROVISIONS FOR LIABILITIES
Deferred Taxation 8 (2,969 ) (4,469 )
NET (LIABILITIES)/ASSETS (4,765 ) 449
CAPITAL AND RESERVES
Called up share capital 9 1 1
Profit and Loss Account (4,766 ) 448
SHAREHOLDERS' FUNDS (4,765) 449
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Page 2
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 member has 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr R Stewart
Director
24/06/2026
The notes on pages 3 to 6 form part of these financial statements.
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Page 3
Notes to the Financial Statements
1. General Information
RSF Personal Training & Bootcamps Ltd is a private company, limited by shares, incorporated in Scotland, registered number SC457754 . The registered office is 97 Kingston Street, Glasgow, G5 8BJ.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Going Concern Disclosure
The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern with the director confirming they will continue to support the company financially within the next 12 months where required.
2.3. Significant judgements and estimations
The preparation of the financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgement in applying the company’s accounting policies. The directors are of the opinion that due to the nature of the business, there are no critical accounting estimates or judgements used in the preparation of these financial statements. 
2.4. Turnover
Turnover represents net invoiced sales from individual and group personal training sesions with clients, excluding VAT.
2.5. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Plant & Machinery 25% on reducing balance
Fixtures & Fittings 10% on cost
Computer Equipment 25% on reducing balance
2.6. Leasing and Hire Purchase Contracts
Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the profit and loss account as incurred.
2.7. Financial Instruments
Trade and other debtors / creditors
Trade and other debtors are recognised initially at transaction price less attributable transaction costs.  Trade and other creditors are recognised initially at transaction price plus attributable transaction costs.
Subsequent to initial recognition they are measured at amortised cost using the effective interest method, less any impairment losses in the case of trade debtors. If the arrangement constitutes a financing transaction, for example if payment is deferred beyond normal business terms, then it is measured at the present value of future payments discounted at a market rate of interest for a similar debt instrument.
Cash and cash equivalents
Cash and cash equivalents comprise cash balances and call deposits.
Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment.  If objective evidence of impairment is found, an impairment loss is recognised within profit and loss.
...CONTINUED
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2.7. Financial Instruments - continued
For financial assets that are measured at amortised cost, the impairment loss is measured as the difference between the assets carrying amount and the present value of estimated future cash flows discounted at the assets original effective interest rate.  If a financial asset has a variable interest rate, the discount rate of measuring any impairment loss is the current effective interest rate determined under the contract.
For financial assets measured at cost less impairment, the impairment loss is measured as the difference between the assets carrying amount and the best estimate of the amount that the company would receive for the asset if it were sold at the balance sheet date.
2.8. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
2.9. Pensions
The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 6 (2024: 6)
6 6
4. Tangible Assets
Plant & Machinery Fixtures & Fittings Computer Equipment Total
£ £ £ £
Cost
As at 1 November 2024 53,766 103,439 10,163 167,368
As at 31 October 2025 53,766 103,439 10,163 167,368
Depreciation
As at 1 November 2024 40,654 72,361 7,159 120,174
Provided during the period 3,278 10,344 749 14,371
As at 31 October 2025 43,932 82,705 7,908 134,545
...CONTINUED
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Net Book Value
As at 31 October 2025 9,834 20,734 2,255 32,823
As at 1 November 2024 13,112 31,078 3,004 47,194
5. Debtors
31 October 2025 31 October 2024
£ £
Due within one year
Trade debtors 17,678 21,339
Amounts owed by participating interests 3,073 3,326
Other debtors 42,180 33,587
62,931 58,252
6. Creditors: Amounts Falling Due Within One Year
31 October 2025 31 October 2024
£ £
Trade creditors 6,732 7,117
Bank loans and overdrafts 10,000 10,000
Amounts owed to participating interests 3,624 -
Other creditors 37,310 29,183
Taxation and social security 40,417 63,173
98,083 109,473
7. Creditors: Amounts Falling Due After More Than One Year
31 October 2025 31 October 2024
£ £
Bank loans 16,164 20,843
8. Deferred Taxation
The provision for deferred tax is made up as follows:
31 October 2025 31 October 2024
£ £
Other timing differences 2,969 4,469
9. Share Capital
31 October 2025 31 October 2024
£ £
Allotted, Called up and fully paid 1 1
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10. Other Commitments
The total of future minimum lease payments under non-cancellable operating leases are as following:
31 October 2025 31 October 2024
£ £
Not later than one year 30,000 22,636
Later than one year and not later than five years - 28,000
30,000 50,636
11. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 1 November 2024 Amounts advanced Amounts repaid Amounts written off As at 31 October 2025
£ £ £ £ £
Mr Ross Stewart (13 ) 26,888 24,028 - 2,847
The above loan is unsecured, with interest charged at official rates free and repayable on demand.
12. Related Party Transactions
In the year, RSF Personal Training & Bootcamps Ltd completed arms lengths transactions with Companies under common ownership and control, Improve Academy Limited (SC673490) and Improve Personal Training Ltd (SC844662).
As at the balance sheet date, the company was owed £3,073 (£3,326) from Improve Academy Ltd  which is disclosed within Other debtors.
As at the balance sheet date, the company owed £3,624 (Nil) to Improve Personal Training Ltd, which is disclosed within Other creditors.
13. Ultimate Controlling Party
The company's ultimate controlling party is Mr R Stewart by virtue of his ownership of 100% of the issued share capital in the company.
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