| Unaudited Financial Statements for the Year Ended 30 June 2025 |
| for |
| Hire Fitness Limited |
| Unaudited Financial Statements for the Year Ended 30 June 2025 |
| for |
| Hire Fitness Limited |
| Hire Fitness Limited (Registered number: 05268803) |
| Contents of the Financial Statements |
| for the Year Ended 30 June 2025 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 3 |
| Hire Fitness Limited |
| Company Information |
| for the Year Ended 30 June 2025 |
| DIRECTOR: |
| SECRETARY: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Bridge House |
| 2 Bridge Avenue |
| Maidenhead |
| Berkshire |
| SL6 1RR |
| Hire Fitness Limited (Registered number: 05268803) |
| Balance Sheet |
| 30 June 2025 |
| 30.6.25 | 30.6.24 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Intangible assets | 4 |
| Tangible assets | 5 |
| CURRENT ASSETS |
| Stocks |
| Debtors | 6 |
| Cash at bank and in hand |
| CREDITORS |
| Amounts falling due within one year | 7 |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CREDITORS |
| Amounts falling due after more than one year | 8 | ( |
) | ( |
) |
| PROVISIONS FOR LIABILITIES | 10 | ( |
) | ( |
) |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital |
| Capital redemption reserve | 11 |
| Fair value reserve | 11 | ( |
) |
| Retained earnings | 11 |
| SHAREHOLDERS' FUNDS |
| The director acknowledges his 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 were approved by the director and authorised for issue on |
| Hire Fitness Limited (Registered number: 05268803) |
| Notes to the Financial Statements |
| for the Year Ended 30 June 2025 |
| 1. | STATUTORY INFORMATION |
| Hire Fitness Limited is a |
| 2. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| Turnover |
| Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. |
| Goodwill |
| 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. |
| Tangible fixed assets |
| Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life. |
| Plant and machinery etc -33% on cost and 25% on reducing balance |
| Stocks |
| Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. |
| Pension costs and other post-retirement benefits |
| The company operates a defined 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 |
| 4. | INTANGIBLE FIXED ASSETS |
| Goodwill |
| £ |
| COST |
| At 1 July 2024 |
| and 30 June 2025 |
| AMORTISATION |
| At 1 July 2024 |
| Amortisation for year |
| At 30 June 2025 |
| NET BOOK VALUE |
| At 30 June 2025 |
| At 30 June 2024 |
| Hire Fitness Limited (Registered number: 05268803) |
| Notes to the Financial Statements - continued |
| for the Year Ended 30 June 2025 |
| 5. | TANGIBLE FIXED ASSETS |
| Fixtures | Office & |
| Plant and | and | Motor | sundry |
| machinery | fittings | vehicles | equipment | Totals |
| £ | £ | £ | £ | £ |
| COST |
| At 1 July 2024 |
| Additions |
| Disposals | ( |
) | ( |
) | ( |
) |
| At 30 June 2025 |
| DEPRECIATION |
| At 1 July 2024 |
| Charge for year |
| Eliminated on disposal | ( |
) | ( |
) |
| At 30 June 2025 |
| NET BOOK VALUE |
| At 30 June 2025 |
| At 30 June 2024 |
| 6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 30.6.25 | 30.6.24 |
| £ | £ |
| Trade debtors |
| Other debtors |
| Prepayments |
| 7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 30.6.25 | 30.6.24 |
| £ | £ |
| Other loans (see note 9) |
| Hire purchase contracts |
| Trade creditors |
| Tax |
| Social security and other taxes |
| VAT | 63,907 | 52,962 |
| Other creditors |
| Directors' current accounts | 7,766 | 33,634 |
| Accrued expenses |
| 8. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
| 30.6.25 | 30.6.24 |
| £ | £ |
| Other loans (see note 9) |
| Hire purchase contracts |
| Amounts falling due in more than five years: |
| Repayable by instalments |
| Other loans more 5yrs instal | - | 3,255 |
| Hire Fitness Limited (Registered number: 05268803) |
| Notes to the Financial Statements - continued |
| for the Year Ended 30 June 2025 |
| 9. | LOANS |
| An analysis of the maturity of loans is given below: |
| 30.6.25 | 30.6.24 |
| £ | £ |
| Amounts falling due within one year or on demand: |
| Other loans |
| Amounts falling due between two and five years: |
| Other loans - 2-5 years |
| Amounts falling due in more than five years: |
| Repayable by instalments |
| Other loans more 5yrs instal | - | 3,255 |
| 10. | PROVISIONS FOR LIABILITIES |
| 30.6.25 | 30.6.24 |
| £ | £ |
| Deferred tax | 79,364 | 75,581 |
| Deferred |
| tax |
| £ |
| Balance at 1 July 2024 |
| Provided during year |
| Balance at 30 June 2025 |
| 11. | RESERVES |
| Capital | Fair |
| Retained | redemption | value |
| earnings | reserve | reserve | Totals |
| £ | £ | £ | £ |
| At 1 July 2024 | 426,844 |
| Profit for the year |
| Dividends | ( |
) | ( |
) |
| Purchase of own shares | - | - | (76,005 | ) | (76,005 | ) |
| At 30 June 2025 | ( |
) | 431,452 |