IRIS Accounts Production v24.2.0.383 08660368 Board of Directors 1.4.23 31.3.24 31.3.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh086603682023-03-31086603682024-03-31086603682023-04-012024-03-31086603682022-03-31086603682022-04-012023-03-31086603682023-03-3108660368ns15:EnglandWales2023-04-012024-03-3108660368ns14:PoundSterling2023-04-012024-03-3108660368ns10:Director12023-04-012024-03-3108660368ns10:PrivateLimitedCompanyLtd2023-04-012024-03-3108660368ns10:SmallEntities2023-04-012024-03-3108660368ns10:AuditExempt-NoAccountantsReport2023-04-012024-03-3108660368ns10:SmallCompaniesRegimeForDirectorsReport2023-04-012024-03-3108660368ns10:SmallCompaniesRegimeForAccounts2023-04-012024-03-3108660368ns10:FullAccounts2023-04-012024-03-3108660368ns10:Director22023-04-012024-03-3108660368ns10:RegisteredOffice2023-04-012024-03-3108660368ns5:CurrentFinancialInstruments2024-03-3108660368ns5:CurrentFinancialInstruments2023-03-3108660368ns5:Non-currentFinancialInstruments2024-03-3108660368ns5:Non-currentFinancialInstruments2023-03-3108660368ns5:ShareCapital2024-03-3108660368ns5:ShareCapital2023-03-3108660368ns5:SharePremium2024-03-3108660368ns5:SharePremium2023-03-3108660368ns5:RetainedEarningsAccumulatedLosses2024-03-3108660368ns5:RetainedEarningsAccumulatedLosses2023-03-3108660368ns5:PlantMachinery2023-04-012024-03-3108660368ns5:MotorVehicles2023-04-012024-03-3108660368ns5:PlantMachinery2023-03-3108660368ns5:MotorVehicles2023-03-3108660368ns5:PlantMachinery2024-03-3108660368ns5:MotorVehicles2024-03-3108660368ns5:PlantMachinery2023-03-3108660368ns5:MotorVehicles2023-03-3108660368ns5:WithinOneYearns5:CurrentFinancialInstruments2024-03-3108660368ns5:WithinOneYearns5:CurrentFinancialInstruments2023-03-3108660368ns5:BetweenOneTwoYearsns5:Non-currentFinancialInstruments2024-03-3108660368ns5:BetweenOneTwoYearsns5:Non-currentFinancialInstruments2023-03-3108660368ns5:Non-currentFinancialInstrumentsns5:MoreThanFiveYears2024-03-3108660368ns5:Non-currentFinancialInstrumentsns5:MoreThanFiveYears2023-03-310866036812023-03-310866036822022-03-3108660368ns5:Secured2024-03-3108660368ns5:Secured2023-03-31
REGISTERED NUMBER: 08660368 (England and Wales)

















Unaudited Financial Statements for the Year Ended 31 March 2024

for

Leisure Park Internet Solutions Ltd

Leisure Park Internet Solutions Ltd (Registered number: 08660368)






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


Leisure Park Internet Solutions Ltd

Company Information
for the Year Ended 31 March 2024







DIRECTORS: Mr P Atkins
Mrs L Jukes





REGISTERED OFFICE: 23 Victoria Avenue
Harrogate
North Yorkshire
HG1 5RD





REGISTERED NUMBER: 08660368 (England and Wales)





ACCOUNTANTS: SMH Haywood & Co Limited
24-26 Mansfield Road
Rotherham
South Yorkshire
S60 2DT

Leisure Park Internet Solutions Ltd (Registered number: 08660368)

Balance Sheet
31 March 2024

2024 2023
Notes £    £   
FIXED ASSETS
Tangible assets 4 418,404 444,387

CURRENT ASSETS
Stocks 5 128,139 148,237
Debtors 6 1,450,242 524,315
Cash at bank and in hand 381,283 236,140
1,959,664 908,692
CREDITORS
Amounts falling due within one year 7 (893,624 ) (564,862 )
NET CURRENT ASSETS 1,066,040 343,830
TOTAL ASSETS LESS CURRENT LIABILITIES 1,484,444 788,217

CREDITORS
Amounts falling due after more than one
year

8

(641,419

)

(85,456

)

PROVISIONS FOR LIABILITIES (100,175 ) (106,400 )
NET ASSETS 742,850 596,361

CAPITAL AND RESERVES
Called up share capital 110 110
Share premium 49,990 49,990
Retained earnings 692,750 546,261
742,850 596,361

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 directors acknowledge their 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.

Leisure Park Internet Solutions Ltd (Registered number: 08660368)

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 Board of Directors and authorised for issue on 6 September 2024 and were signed on its behalf by:





Mr P Atkins - Director


Leisure Park Internet Solutions Ltd (Registered number: 08660368)

Notes to the Financial Statements
for the Year Ended 31 March 2024

1. STATUTORY INFORMATION

Leisure Park Internet Solutions Ltd 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.

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 - 33% on reducing balance and 20% on reducing balance
Motor vehicles - 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.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 15 (2023 - 15 ) .

Leisure Park Internet Solutions Ltd (Registered number: 08660368)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

4. TANGIBLE FIXED ASSETS
Plant and Motor
machinery vehicles Totals
£    £    £   
COST
At 1 April 2023 1,044,914 18,832 1,063,746
Additions 133,553 1,033 134,586
Disposals (33,882 ) - (33,882 )
At 31 March 2024 1,144,585 19,865 1,164,450
DEPRECIATION
At 1 April 2023 616,651 2,708 619,359
Charge for year 148,297 4,052 152,349
Eliminated on disposal (25,662 ) - (25,662 )
At 31 March 2024 739,286 6,760 746,046
NET BOOK VALUE
At 31 March 2024 405,299 13,105 418,404
At 31 March 2023 428,263 16,124 444,387

5. STOCKS
2024 2023
£    £   
Finished goods 128,139 148,237

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 304,224 271,052
Amounts owed by group undertakings 1,076,399 155,974
Other debtors (6,062 ) 1,400
Prepayments 75,681 95,889
1,450,242 524,315

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other loans 148,094 -
Trade creditors 47,963 45,853
Tax 63,438 25,038
Social security and other taxes 12,944 11,632
Pensions creditor 3,007 2,495
Wages control account 429 122
VAT 41,952 18,037
Other creditors 18,138 15,452
Accruals and deferred income 557,659 446,233
893,624 564,862

Leisure Park Internet Solutions Ltd (Registered number: 08660368)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Bank loans - 1-2 years 41,057 66,987
Other loans - 1-2 years 164,007 -
Other loans - 2-5 years 436,355 18,469
641,419 85,456

9. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Other loans 748,456 -

10. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Leisure Park Internet Solutions(Employee Ownership Trust)Limited.