Registration number: 13470605

G&H Fitness Ltd

Contents

Company Information	1
Balance Sheet	2
Notes to the Unaudited Financial Statements	3 to 10

G&H Fitness Ltd

Company Information

Director

Mr G Kellaway

Registered office

Old Bridge House Lidsey Road Bognor Regis West Sussex England PO22 9PF

G&H Fitness Ltd

(Registration number: 13470605)
Balance Sheet as at 30 June 2026

	Note	2026 £	2025 £
Fixed assets
Tangible assets	6	152,911	174,766
Current assets
Debtors	7	55,910	15,200
Cash at bank and in hand		211,701	189,685
		267,611	204,885
Creditors: Amounts falling due within one year	8	(129,305)	(89,576)
Net current assets		138,306	115,309
Total assets less current liabilities		291,217	290,075
Provisions for liabilities		(31,780)	(36,814)
Net assets		259,437	253,261
Capital and reserves
Called up share capital		100	100
Retained earnings		259,337	253,161
Shareholders' funds		259,437	253,261

For the financial year ending 30 June 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 10 September 2026
 

......................................... Mr G Kellaway Director

G&H Fitness Ltd

Notes to the Unaudited Financial Statements for the year ended 30 June 2026

1	General information

The company is a private company limited by share capital, incorporated in England & Wales.

The address of its registered office is:
Old Bridge House
Lidsey Road
Bognor Regis
West Sussex
PO22 9PF
England

These financial statements were authorised for issue by the director on 10 September 2026.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

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.

Going concern

The financial statements have been prepared on a going concern basis, with management having given due consideration to the company’s ability to continue as a going concern for at least the next twelve months.

Revenue recognition

Turnover comprises the fair value of the 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.

The company recognises revenue when:
The amount of turnover can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

G&H Fitness Ltd

Notes to the Unaudited Financial Statements for the year ended 30 June 2026

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Depreciation method and rate for tangible assets
Asset class	Depreciation method and rate
Short Leasehold Property	5% straight line basis
Plant and Equipment	20% reducing balance basis
Motor Vehicles	20% reducing balance basis

Goodwill

Goodwill arising on the acquisition of an entity represents the excess of the cost of acquisition over the company’s interest in the net fair value of the identifiable assets, liabilities and contingent liabilities of the entity recognised at the date of acquisition. Goodwill is initially recognised as an asset at cost and is subsequently measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is held in the currency of the acquired entity and revalued to the closing rate at each reporting period date. Goodwill is amortised over its useful life, which shall not exceed ten years if a reliable estimate of the useful life cannot be made.

Amortisation

Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:

Asset class	Amortisation method and rate
Goodwill	3 years straight line basis

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call 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.

G&H Fitness Ltd

Notes to the Unaudited Financial Statements for the year ended 30 June 2026

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 or services that have been acquired in the ordinary course of business from suppliers. Trade creditors 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 and subsequently measured at amortised cost using the effective interest method.

Leases

Leases in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operating leases. Payments made under operating leases are charged to profit or loss on a straight-line basis over the period of the lease.

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.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3	Staff numbers

The average number of persons employed by the company (including the director) during the year, was 15 (2025 - 15).

4

Taxation

Tax charged/(credited) in the profit and loss account

G&H Fitness Ltd

Notes to the Unaudited Financial Statements for the year ended 30 June 2026

	2026 £	2025 £
Current taxation
UK corporation tax	33,980	43,723
Deferred taxation
Arising from origination and reversal of timing differences	(5,034)	(5,838)
Tax expense in the income statement	28,946	37,885

G&H Fitness Ltd

Notes to the Unaudited Financial Statements for the year ended 30 June 2026

5	Intangible assets

	Goodwill  £	Total £
Cost or valuation
At 1 July 2025	15,000	15,000
At 30 June 2026	15,000	15,000
Amortisation
At 1 July 2025	15,000	15,000
At 30 June 2026	15,000	15,000
Carrying amount
At 30 June 2026	-	-

6	Tangible assets

	Land and buildings £	Furniture, fittings and equipment  £	Motor vehicles  £	Other tangible assets £
Cost or valuation
At 1 July 2025	53,397	5,746	65,002	205,434
Additions	-	-	-	22,141
At 30 June 2026	53,397	5,746	65,002	227,575
Depreciation
At 1 July 2025	11,308	3,984	22,421	117,100
Charge for the year	2,667	1,762	8,516	31,051
At 30 June 2026	13,975	5,746	30,937	148,151
Carrying amount
At 30 June 2026	39,422	-	34,065	79,424
At 30 June 2025	42,089	1,762	42,581	88,334

G&H Fitness Ltd

Notes to the Unaudited Financial Statements for the year ended 30 June 2026

	Total £
Cost or valuation
At 1 July 2025	329,579
Additions	22,141
At 30 June 2026	351,720
Depreciation
At 1 July 2025	154,813
Charge for the year	43,996
At 30 June 2026	198,809
Carrying amount
At 30 June 2026	152,911
At 30 June 2025	174,766

Included within the net book value of land and buildings above is £39,422 (2025 - £42,089) in respect of short leasehold land and buildings.
 

7

Debtors

Current	2026 £	2025 £
Prepayments	38,710	-
Other debtors	17,200	15,200
	55,910	15,200

G&H Fitness Ltd

Notes to the Unaudited Financial Statements for the year ended 30 June 2026

8

Creditors

Creditors: amounts falling due within one year

	2026 £	2025 £
Due within one year
Trade creditors	51,972	-
Taxation and social security	54,834	67,185
Accruals and deferred income	1,275	1,275
Other creditors	21,224	21,116
	129,305	89,576

9	Provisions for liabilities

	Deferred tax £	Total £
At 1 July 2025	36,814	36,814
Increase (decrease) in existing provisions	(5,034)	(5,034)
At 30 June 2026	31,780	31,780

10	Share capital

Allotted, called up and fully paid shares

	2026		2025
	No.	£	No.	£
Ordinary Class 1 of £1 each	100	100	100	100

11

Dividends

Interim dividends paid

		2026 £		2025 £
Interim dividend of £870.00 (2025 - £1,080.00) per each Ordinary		87,000		108,000

12	Related party transactions

Director's remuneration

The director's remuneration for the year was as follows:

G&H Fitness Ltd

Notes to the Unaudited Financial Statements for the year ended 30 June 2026

	2026 £	2025 £
Remuneration	12,570	12,570
Contributions paid to money purchase schemes	78,000	58,000
	90,570	70,570