IRIS Accounts Production v24.2.0.383 SC519035 director 1.4.23 31.3.24 31.3.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWhSC5190352023-03-31SC5190352024-03-31SC5190352023-04-012024-03-31SC5190352022-03-31SC5190352022-04-012023-03-31SC5190352023-03-31SC519035ns15:Scotland2023-04-012024-03-31SC519035ns14:PoundSterling2023-04-012024-03-31SC519035ns10:Director12023-04-012024-03-31SC519035ns10:PrivateLimitedCompanyLtd2023-04-012024-03-31SC519035ns10:SmallEntities2023-04-012024-03-31SC519035ns10:AuditExempt-NoAccountantsReport2023-04-012024-03-31SC519035ns10:SmallCompaniesRegimeForAccounts2023-04-012024-03-31SC519035ns10:FullAccounts2023-04-012024-03-31SC519035ns10:RegisteredOffice2023-04-012024-03-31SC519035ns5:CurrentFinancialInstruments2024-03-31SC519035ns5:CurrentFinancialInstruments2023-03-31SC519035ns5:Non-currentFinancialInstruments2024-03-31SC519035ns5:Non-currentFinancialInstruments2023-03-31SC519035ns5:ShareCapital2024-03-31SC519035ns5:ShareCapital2023-03-31SC519035ns5:RetainedEarningsAccumulatedLosses2024-03-31SC519035ns5:RetainedEarningsAccumulatedLosses2023-03-31SC519035ns5:PlantMachinery2023-04-012024-03-31SC519035ns5:FurnitureFittings2023-04-012024-03-31SC519035ns5:ComputerEquipment2023-04-012024-03-31SC519035ns5:PlantMachinery2023-03-31SC519035ns5:FurnitureFittings2023-03-31SC519035ns5:ComputerEquipment2023-03-31SC519035ns5:PlantMachinery2024-03-31SC519035ns5:FurnitureFittings2024-03-31SC519035ns5:ComputerEquipment2024-03-31SC519035ns5:PlantMachinery2023-03-31SC519035ns5:FurnitureFittings2023-03-31SC519035ns5:ComputerEquipment2023-03-31SC519035ns5:CurrentFinancialInstrumentsns5:WithinOneYear2024-03-31SC519035ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-03-31
REGISTERED NUMBER: SC519035 (Scotland)













UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2024

FOR

AVONDALE LEISURE LTD

AVONDALE LEISURE LTD (REGISTERED NUMBER: SC519035)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


AVONDALE LEISURE LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2024







DIRECTOR: H J Mullan





REGISTERED OFFICE: Avondale Leisure Ltd
27 Avondale Avenue
East Kilbride
G74 1NS





REGISTERED NUMBER: SC519035 (Scotland)





ACCOUNTANTS: Cornerstone Glasgow Ltd
6th Floor
Gordon Chambers
90 Mitchell Street
Glasgow
Lanarkshire
G1 3NQ

AVONDALE LEISURE LTD (REGISTERED NUMBER: SC519035)

BALANCE SHEET
31 MARCH 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 44,751 61,716

CURRENT ASSETS
Stocks 846 505
Debtors 5 61,813 38,845
Cash at bank and in hand 5,073 36,603
67,732 75,953
CREDITORS
Amounts falling due within one year 6 42,504 53,202
NET CURRENT ASSETS 25,228 22,751
TOTAL ASSETS LESS CURRENT
LIABILITIES

69,979

84,467

CREDITORS
Amounts falling due after more than one year 7 (20,000 ) (30,000 )

PROVISIONS FOR LIABILITIES (11,187 ) (7,921 )
NET ASSETS 38,792 46,546

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 38,692 46,446
38,792 46,546

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.

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.

AVONDALE LEISURE LTD (REGISTERED NUMBER: SC519035)

BALANCE SHEET - continued
31 MARCH 2024


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

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

The financial statements were approved by the director and authorised for issue on 20 August 2024 and were signed by:





H J Mullan - Director


AVONDALE LEISURE LTD (REGISTERED NUMBER: SC519035)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

1. STATUTORY INFORMATION

Avondale Leisure Ltd is a private company, limited by shares , registered in Scotland. 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.

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 - 20% on a straight line basis
Fixtures and fittings - 10% on a straight line basis
Computer equipment - 25% on a straight line basis

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2023 - 6 ) .

AVONDALE LEISURE LTD (REGISTERED NUMBER: SC519035)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Computer
machinery fittings equipment Totals
£    £    £    £   
COST
At 1 April 2023 3,725 176,902 1,377 182,004
Additions 791 - 640 1,431
At 31 March 2024 4,516 176,902 2,017 183,435
DEPRECIATION
At 1 April 2023 2,334 116,577 1,377 120,288
Charge for year 506 17,730 160 18,396
At 31 March 2024 2,840 134,307 1,537 138,684
NET BOOK VALUE
At 31 March 2024 1,676 42,595 480 44,751
At 31 March 2023 1,391 60,325 - 61,716

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 3,122 1,644
Amounts owed by group undertakings 46,689 26,184
Other debtors 12,002 11,017
61,813 38,845

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 10,000 10,000
Trade creditors 11,330 8,707
Amounts owed to group undertakings - 250
Taxation and social security 11,715 23,335
Other creditors 9,459 10,910
42,504 53,202

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Bank loans 20,000 30,000