Company Registration No. SC566104 (Scotland)
A & K LEISURE LIMITED
Unaudited accounts
for the year ended 31 May 2023
A & K LEISURE LIMITED
Unaudited accounts
Contents
A & K LEISURE LIMITED
Company Information
for the year ended 31 May 2023
Company Number
SC566104 (Scotland)
Registered Office
First Floor
4 Earls Court
GRANGEMOUTH
FK3 8ZE
United Kingdom
Accountants
Acumenica Group
First Floor
4 Earls Court
GRANGEMOUTH
FK3 8ZE
A & K LEISURE LIMITED
Statement of financial position
as at 31 May 2023
Tangible assets
11,475
27,594
Cash at bank and in hand
189,992
179,112
Creditors: amounts falling due within one year
(85,573)
(80,342)
Net current assets
127,541
116,651
Total assets less current liabilities
139,016
144,245
Creditors: amounts falling due after more than one year
(30,000)
(40,000)
Net assets
109,016
104,245
Called up share capital
(100)
(100)
Profit and loss account
109,116
104,345
Shareholders' funds
109,016
104,245
For the year ending 31 May 2023 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 director acknowledges his 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 and authorised for issue on 30 January 2024 and were signed on its behalf by
Craig McEwan
Director
Company Registration No. SC566104
A & K LEISURE LIMITED
Notes to the Accounts
for the year ended 31 May 2023
A & K LEISURE LIMITED is a private company, limited by shares, registered in Scotland, registration number SC566104. The registered office is First Floor, 4 Earls Court, GRANGEMOUTH, FK3 8ZE, 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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
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:
Plant & machinery
20% straight line
Fixtures & fittings
20% straight line
Intangible assets are amortised on a straight line basis over their estimated useful economic life as follows:
Goodwill - ten years
5
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 June 2022
22,070
70,000
92,070
At 31 May 2023
22,070
70,000
92,070
At 1 June 2022
8,476
56,000
64,476
Charge for the year
2,119
14,000
16,119
At 31 May 2023
10,595
70,000
80,595
At 31 May 2023
11,475
-
11,475
At 31 May 2022
13,594
14,000
27,594
A & K LEISURE LIMITED
Notes to the Accounts
for the year ended 31 May 2023
6
Creditors: amounts falling due within one year
2023
2022
Trade creditors
51,121
48,881
Taxes and social security
25,464
25,197
7
Creditors: amounts falling due after more than one year
2023
2022
8
Average number of employees
During the year the average number of employees was 17 (2022: 17).