1 January 2025 false No description of principal activity Taxfiler 2024.6 09927215business:PrivateLimitedCompanyLtd2025-01-012025-12-31 099272152024-12-31 099272152025-01-012025-12-31 09927215business:AuditExempt-NoAccountantsReport2025-01-012025-12-31 09927215business:FilletedAccounts2025-01-012025-12-31 099272152025-12-31 09927215business:Director12025-01-012025-12-31 09927215business:Director22025-01-012025-12-31 09927215business:RegisteredOffice2025-01-012025-12-31 099272152024-12-31 09927215core:WithinOneYear2025-12-31 09927215core:WithinOneYear2024-12-31 09927215core:AfterOneYear2025-12-31 09927215core:AfterOneYear2024-12-31 09927215core:ShareCapitalcore:PreviouslyStatedAmount2025-12-31 09927215core:ShareCapitalcore:PreviouslyStatedAmount2024-12-31 09927215core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2025-12-31 09927215core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-12-31 09927215core:PreviouslyStatedAmount2025-12-31 09927215core:PreviouslyStatedAmount2024-12-31 09927215business:SmallEntities2025-01-012025-12-31 09927215countries:EnglandWales2025-01-012025-12-31 09927215core:LandBuildings2025-01-012025-12-31 09927215core:PlantMachinery2025-01-012025-12-31 09927215core:FurnitureFittings2025-01-012025-12-31 09927215core:LandBuildings2024-12-31 09927215core:PlantMachinery2024-12-31 09927215core:FurnitureFittings2024-12-31 09927215core:LandBuildings2025-12-31 09927215core:PlantMachinery2025-12-31 09927215core:FurnitureFittings2025-12-31 09927215core:BetweenOneFiveYears2025-12-31 09927215core:BetweenOneFiveYears2024-12-31 099272152024-01-012024-12-31 iso4217:GBP xbrli:pure
Company Registration No. 09927215 (England and Wales)
Fun Fitness Limited Unaudited accounts for the year ended 31 December 2025
Fun Fitness Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
Fun Fitness Limited Company Information for the year ended 31 December 2025
Directors
Emma Haslam O'Toole John O'Toole
Company Number
09927215 (England and Wales)
Registered Office
West Meadow Farm 123 Main Road Smalley DE7 6DT United Kingdom
- 3 -
Fun Fitness Limited Statement of financial position as at 31 December 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
61,725 
73,286 
Current assets
Debtors
5
14,696 
13,808 
Cash at bank and in hand
12,284 
27,584 
26,980 
41,392 
Creditors: amounts falling due within one year
6
(224,610)
(206,719)
Net current liabilities
(197,630)
(165,327)
Total assets less current liabilities
(135,905)
(92,041)
Creditors: amounts falling due after more than one year
7
(29,867)
(57,705)
Provisions for liabilities
Deferred tax
(11,728)
(12,712)
Net liabilities
(177,500)
(162,458)
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
(177,600)
(162,558)
Shareholders' funds
(177,500)
(162,458)
For the year ending 31 December 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 directors acknowledge their 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 of Directors and authorised for issue on 8 September 2026 and were signed on its behalf by
Emma Haslam O'Toole Director Company Registration No. 09927215
- 4 -
Fun Fitness Limited Notes to the Accounts for the year ended 31 December 2025
1
Statutory information
Fun Fitness Limited is a private company, limited by shares, registered in England and Wales, registration number 09927215. The registered office is West Meadow Farm, 123 Main Road, Smalley, DE7 6DT, United Kingdom.
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
These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.
Presentation currency
The accounts are presented in £ sterling.
Revenue Recognition
Turnover comprises the fair value of consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company's activities. Turnover is shown net of sales / value added tax, returns, rebates and discounts and is recognised at the point in time when the sale is provided.
Tax
The tax expense for the period comprises of deferred tax. Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
Tangible Assets
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:
Land & buildings
15% Straight Line
Plant & machinery
15% Straight Line
Fixtures & fittings
15% Straight Line
Cash and cash equivalents
Cash and cash equivalents comprise of cash on hand, deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.
- 5 -
Fun Fitness Limited Notes to the Accounts for the year ended 31 December 2025
Trade Debtors
Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business. Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.
Trade Creditors
Trade creditors are obligations to pay for goods and services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities. Trade creditors are recognised initially at the transaction price.
Borrowings
Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing. Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges. Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.
Share Capital
Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
4
Tangible fixed assets
Land & buildings 
Plant & machinery 
Fixtures & fittings 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 January 2025
68,997 
347,708 
91,611 
508,316 
Additions
- 
5,008 
- 
5,008 
At 31 December 2025
68,997 
352,716 
91,611 
513,324 
Depreciation
At 1 January 2025
63,648 
324,108 
47,274 
435,030 
Charge for the year
1,146 
4,993 
10,430 
16,569 
At 31 December 2025
64,794 
329,101 
57,704 
451,599 
Net book value
At 31 December 2025
4,203 
23,615 
33,907 
61,725 
At 31 December 2024
5,349 
23,600 
44,337 
73,286 
- 6 -
Fun Fitness Limited Notes to the Accounts for the year ended 31 December 2025
5
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
Accrued income and prepayments
12,696 
11,808 
Other debtors
2,000 
2,000 
14,696 
13,808 
6
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
Bank loans and overdrafts
26,841 
- 
VAT
11,083 
15,708 
Trade creditors
28,355 
26,769 
Taxes and social security
1,708 
1,484 
Other creditors
103,774 
117,359 
Loans from directors
10,024 
- 
Accruals
42,825 
45,399 
224,610 
206,719 
7
Creditors: amounts falling due after more than one year
2025 
2024 
£ 
£ 
Bank loans
29,867 
57,705 
8
Operating lease commitments
2025 
2024 
£ 
£ 
At 31 December 2025 the company had the following future minimum lease payments under non-cancellable operating leases for each of the following periods:
Not later than one year
35,000 
35,000 
Later than one year and not later than five years
70,000 
105,000 
105,000 
140,000 
9
Transactions with related parties
Included within other creditors are the following balances in respect of companies which are related by virtue of common ownership and directorship : At the year end, an amount of £65,766 (2024 - £69,766) was owed to Ron Haslam Racing Academy Limited. At the year end, an amount of £12,000 (2024 - £18,000) was owed to Leon Haslam Limited. Also included within other creditors is an interest free loan of £25,977 (2024 - £25,977) owed to Ann Haslam.
10
Average number of employees
During the year the average number of employees was 20 (2024: 24).
- 7 -