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HEALTH 2 FITNESS LIMITED - Company Information

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Health Two Fitness Limited

Registered Number:05328340

For the year ended 31 March 2018

England and Wales

Unaudited Financial Statements

For the year ended 31 March 2018

Health Two Fitness Limited

Contents Page

Statement of Financial Position

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Notes to the Financial Statements

As at 31 March 2018

Health Two Fitness Limited

Statement of Financial Position

Registered Number :

05328340

2017

2018

Notes

Fixed assets

Property, plant and equipment

42,078

52,602

42,078

52,602

Current assets

Inventories

43,864

77,673

Trade and other receivables

41,304

60,863

98,725

Cash and cash equivalents

32,945

171,481

183,893

Trade and other payables: amounts falling due within one

year

(165,455)

(158,611)

18,438

12,870

Net current assets

Total assets less current liabilities

54,948

71,040

Trade and other payables: amounts falling due after more

than one year

(48,500)

(29,728)

25,220

Net assets

22,540

Capital and reserves

Called up share capital

Retained earnings

25,214

22,534

25,220

22,540

Shareholders' funds

For the year ended 31 March 2018 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 of its financial statements for the year ended 31 March 2018 in accordance with Section 476 of the Companies Act 2006

The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section

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.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

H Moore Director

James Winfield Director

These financial statements were approved and authorised for issue by the Board on 20 July 2018 and were signed by:

The notes form part of these financial statements

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For the year ended 31 March 2018

Health Two Fitness Limited

Notes to the Financial Statements

Statutory Information

Health Two Fitness Limited is a private limited company, limited by shares, domiciled in England and Wales,

registration number 05328340.

Principal place of business:

35 Frimley High Street

Frimley

Surrey

GU16 7JQ

The presentation currency is £ sterling.

1. Accounting policies

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the provisions of Section 1A of Financial

Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the

Companies Act 2006. The financial statements have been prepared under the historical costs convention as

modified by the revaluation of certain assets.

Revenue recognition

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Property, plant and equipment

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Plant and machinery

25% Reducing balance

20% Reducing balance

Motor vehicles

Inventories

Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.

2. Property, plant and equipment

Total

Motor vehicles

Plant and

machinery

Cost or

valuation

At 01 April 2017

56,804

55,302

1,502

At 31 March 2018

1,502

55,302

56,804

Provision for depreciation and impairment

At 01 April 2017

4,202

2,765

1,437

Charge for year

10,524

10,508

At 31 March 2018

14,726

13,273

1,453

At 31 March 2018

Net book value

42,029

42,078

At 31 March 2017

52,537

52,602

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For the year ended 31 March 2018

Health Two Fitness Limited

Notes to the Financial Statements Continued

3. Inventories

2017

2018

Stocks

77,673

43,864

4. Trade and other receivables

2017

2018

Trade debtors

26,513

34,165

Other debtors

34,350

7,139

41,304

60,863

5. Trade and other payables: amounts falling due within one year

2017

2018

Bank loans and overdraft

1,288

Trade creditors

30,123

6,863

Taxation and social security

57,099

145,650

Other creditors

71,389

11,654

158,611

165,455

6. Trade and other payables: amounts falling due after more than one year

2017

2018

Other creditors

29,728

48,500

7. Directors advances and guarantees

At 01/04/2017

Loaned

At 31/03/2018

James Winfield

Loan to director

34,710

5,280

29,430

34,710

5,280

29,430

which comprise the Income Statement, Other Comprehensive Income, the Statement of Financial Position and the

related notes

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