Company No: 16609467 (England and Wales)

Contents

• Balance Sheet
• Notes to the Financial Statements

	Note	31.03.2026
		£
Fixed assets
Intangible assets	3	4,600
Tangible assets	4	237,631
		242,231
Current assets
Stocks	5	637
Debtors	6	70,625
		71,262
Creditors: amounts falling due within one year	7	( 96,674)
Net current liabilities		(25,412)
Total assets less current liabilities		216,819
Net assets		216,819
Capital and reserves
Called-up share capital	8	10
Other reserves	9	230,000
Profit and loss account		( 13,191 )
Total shareholders' funds		216,819

For the financial period ending 31 March 2026 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 period 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 Profit and Loss Account has not been delivered.

The financial statements of Recover Studios UK Limited (registered number: 16609467) were approved and authorised for issue by the Board of Directors on 24 August 2026. They were signed on its behalf by:

Mr J Snow Director

Mr C Snow Director

1. Accounting policies

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

General information and basis of accounting

Recover Studios UK 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 Blackbrook Gate 1, Blackbrook Business Park, Taunton, TA1 2PX, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include 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 represents the fair value of income receivable from the provision of recovery and wellness services, including memberships and walk-in sessions, and the sale of retail products, net of value added tax. Revenue is recognised as services provided or, in the case of retail sales, when the goods are sold.

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.

Intangible assets

Intangible assets are stated at cost or valuation, net of amortisation and any provision for impairment. Amortisation is provided on all intangible assets at rates to write off the cost or valuation of each asset over its expected useful life as follows:

Website costs

5 years straight line

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 basis over its expected useful life, as follows:

Leasehold improvements	not depreciated
Plant and machinery	7 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.

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 Profit and Loss Account 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 is calculated using the FIFO (first-in, first-out) method. Provision is made for obsolete, slow-moving or defective items where appropriate.

2. Employees

	Period from 28.07.2025 to 31.03.2026
	Number
Monthly average number of persons employed by the Company during the period, including directors	2

3. Intangible assets

	Website costs		Total
	£		£
Cost
At 28 July 2025	0		0
Additions	5,751		5,751
At 31 March 2026	5,751		5,751
Accumulated amortisation
At 28 July 2025	0		0
Charge for the financial period	1,151		1,151
At 31 March 2026	1,151		1,151
Net book value
At 31 March 2026	4,600		4,600

4. Tangible assets

	Leasehold improve- ments		Plant and machinery		Total
	£		£		£
Cost
At 28 July 2025	0		0		0
Additions	3,791		243,480		247,271
At 31 March 2026	3,791		243,480		247,271
Accumulated depreciation
At 28 July 2025	0		0		0
Charge for the financial period	0		9,640		9,640
At 31 March 2026	0		9,640		9,640
Net book value
At 31 March 2026	3,791		233,840		237,631

5. Stocks

	31.03.2026
	£
Stocks	637

6. Debtors

	31.03.2026
	£
Trade debtors	1,963
Prepayments	15,998
Deferred tax asset	3,225
VAT recoverable	49,212
Other debtors	227
	70,625

7. Creditors: amounts falling due within one year

	31.03.2026
	£
Bank overdrafts	24,654
Trade creditors	66,293
Accruals	2,500
Other creditors	3,227
	96,674

8. Called-up share capital

	31.03.2026
	£
Allotted, called-up and fully-paid
1,000 Ordinary shares of £ 0.01 each	10

9. Other reserves

Share allocation account

	31.03.2026
	£
Share allocation account	230,000

Share allocation account

Other reserves reports a balance at the year end of £230,000. This full amount has been allocated to share issues which took place after the year end.