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REGISTERED NUMBER: 06445662 (England and Wales)















Financial Statements for the Year Ended 31 December 2023

for

R S Leisure Blackpool Limited

R S Leisure Blackpool Limited (Registered number: 06445662)






Contents of the Financial Statements
for the Year Ended 31 December 2023




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 3


R S Leisure Blackpool Limited

Company Information
for the Year Ended 31 December 2023







DIRECTORS: Mrs S Sedgwick
Mr P J Sedgwick
Miss R S Sedgwick





REGISTERED OFFICE: Empress Buildings
97 Church Street
Blackpool
Lancashire
FY1 1HU





REGISTERED NUMBER: 06445662 (England and Wales)





AUDITORS: Ashworth Treasure Limited
Statutory Auditors
17-19 Park Street
Lytham
Lancashire
FY8 5LU

R S Leisure Blackpool Limited (Registered number: 06445662)

Abridged Balance Sheet
31 December 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 535,582 516,346

CURRENT ASSETS
Debtors 1,091,757 928,069
Cash at bank 56,233 168,526
1,147,990 1,096,595
CREDITORS
Amounts falling due within one year 244,594 270,658
NET CURRENT ASSETS 903,396 825,937
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,438,978

1,342,283

PROVISIONS FOR LIABILITIES 132,414 127,279
NET ASSETS 1,306,564 1,215,004

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 1,306,464 1,214,904
SHAREHOLDERS' FUNDS 1,306,564 1,215,004

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

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 December 2023 in accordance with Section 444(2A) of the Companies Act 2006.

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

The financial statements were approved by the Board of Directors and authorised for issue on 26 July 2024 and were signed on its behalf by:





Miss R S Sedgwick - Director


R S Leisure Blackpool Limited (Registered number: 06445662)

Notes to the Financial Statements
for the Year Ended 31 December 2023

1. STATUTORY INFORMATION

R S Leisure Blackpool Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Related party exemption
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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 - 10% on reducing balance
Fixtures and fittings - 25% on reducing balance
Motor vehicles - 25% on reducing balance

Fixed assets are stated at cost or revaluation, net of depreciation and any provision for impairment.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

R S Leisure Blackpool Limited (Registered number: 06445662)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

2. ACCOUNTING POLICIES - continued

Contingent liabilities
A contingent liability is either a possible but uncertain obligation or a present obligation that is not recognised because a transfer of economic benefits is not probable. A contingent liability also arises if a present obligation exists but the amount required to settle it cannot be reliably estimated.

Contingent liabilities are not recoginsed unless they have arisen in a business combination. They are disclosed unless the possibility of an outflow of resources is remote.

When an entity is jointly and severally liable for an obligation, the part of the obligation that is expected to be met by other parties is treated as a contingent liability.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 35 (2022 - 32 ) .

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 January 2023 1,601,515
Additions 76,367
Disposals (28,530 )
At 31 December 2023 1,649,352
DEPRECIATION
At 1 January 2023 1,085,169
Charge for year 56,333
Eliminated on disposal (27,732 )
At 31 December 2023 1,113,770
NET BOOK VALUE
At 31 December 2023 535,582
At 31 December 2022 516,346

5. DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Victoria Reynolds (Senior Statutory Auditor)
for and on behalf of Ashworth Treasure Limited

6. CONTINGENT LIABILITIES

A cross group guarantee is in place for bank loans and some hire purchase agreements secured against the above assets.The total indebtness of other group companies was £5,284,296.

7. ULTIMATE PARENT UNDERTAKING

R S Leisure Blackpool Limited is a wholly owned subsidiary of The Blackpool Pier Company Limited, Empress
Buildings, 97 Church Street, Blackpool, England, FY1 1HU. This is the ultimate parent company for which group
accounts are drawn up.