IRIS Accounts Production v24.2.0.383 05661422 Board of Directors Board of Directors 1.1.23 31.12.23 31.12.23 14.5.24 false true false false true false Auditors Opinion Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh056614222022-12-31056614222023-12-31056614222023-01-012023-12-31056614222021-12-31056614222022-01-012022-12-31056614222022-12-3105661422ns15:EnglandWales2023-01-012023-12-3105661422ns14:PoundSterling2023-01-012023-12-3105661422ns10:Director12023-01-012023-12-3105661422ns10:Director22023-01-012023-12-3105661422ns10:PrivateLimitedCompanyLtd2023-01-012023-12-3105661422ns10:SmallEntities2023-01-012023-12-3105661422ns10:Audited2023-01-012023-12-3105661422ns10:SmallCompaniesRegimeForDirectorsReport2023-01-012023-12-3105661422ns10:SmallCompaniesRegimeForAccounts2023-01-012023-12-3105661422ns10:FullAccounts2023-01-012023-12-3105661422ns10:OrdinaryShareClass12023-01-012023-12-3105661422ns10:CompanySecretary12023-01-012023-12-3105661422ns10:RegisteredOffice2023-01-012023-12-3105661422ns5:CurrentFinancialInstruments2023-12-3105661422ns5:CurrentFinancialInstruments2022-12-3105661422ns5:ShareCapital2023-12-3105661422ns5:ShareCapital2022-12-3105661422ns5:RetainedEarningsAccumulatedLosses2023-12-3105661422ns5:RetainedEarningsAccumulatedLosses2022-12-3105661422ns5:PlantMachinery2023-01-012023-12-3105661422ns5:PlantMachinery2022-12-3105661422ns5:PlantMachinery2023-12-3105661422ns5:PlantMachinery2022-12-3105661422ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-12-3105661422ns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-12-3105661422ns5:WithinOneYear2023-12-3105661422ns5:WithinOneYear2022-12-3105661422ns10:OrdinaryShareClass12023-12-31
REGISTERED NUMBER: 05661422 (England and Wales)











FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2023

FOR

MARTON HALL LEISURE LIMITED

MARTON HALL LEISURE LIMITED (REGISTERED NUMBER: 05661422)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


MARTON HALL LEISURE LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2023







DIRECTORS: D R Allison
N Willson





SECRETARY: N Willson





REGISTERED OFFICE: Marton Hall
Church Lane
Sewerby
Bridlington
East Yorkshire
YO15 1DS





REGISTERED NUMBER: 05661422 (England and Wales)





INDEPENDENT AUDITORS: Ryecroft Glenton
Chartered Accountants & Statutory
Auditors
32 Portland Terrace
Newcastle Upon Tyne
NE2 1QP

MARTON HALL LEISURE LIMITED (REGISTERED NUMBER: 05661422)

BALANCE SHEET
31 DECEMBER 2023

31.12.23 31.12.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 15,768 23,591

CURRENT ASSETS
Debtors 5 476,118 436,571
Cash at bank and in hand 13,145 13,535
489,263 450,106
CREDITORS
Amounts falling due within one year 6 188,111 172,662
NET CURRENT ASSETS 301,152 277,444
TOTAL ASSETS LESS CURRENT
LIABILITIES

316,920

301,035

CAPITAL AND RESERVES
Called up share capital 8 1 1
Retained earnings 316,919 301,034
SHAREHOLDERS' FUNDS 316,920 301,035

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 14 May 2024 and were signed on its behalf by:




D R Allison - Director



N Willson - Director


MARTON HALL LEISURE LIMITED (REGISTERED NUMBER: 05661422)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

1. STATUTORY INFORMATION

Marton Hall Leisure 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.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

Going concern
The financial statements have been prepared on the going concern basis of accounting, which assumes that the company is able to continue operating as a going concern. The board have considered this assumption, in particular relating to the uncertainty in the UK economy and the ongoing war in the Ukraine and the resultant impact to the company's costs.

Having considered all relevant factors, the board are of the opinion that the going concern basis of accounting remains appropriate.

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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant & equipment - 15% on reducing balance

Fixed assets are depreciated in full in the year of acquisition.

Government grants
Grants relating to revenue are recognised in the Statement of Income and Retained Earnings on a systematic basis over the accounting periods in which the company recognises the related costs for which the grant is intended to compensate.

Grants that are received in respect of expenses or losses already incurred by the company are recognised in the Statement of Income and Retained Earnings in the accounting period in which the grant becomes receivable.

MARTON HALL LEISURE LIMITED (REGISTERED NUMBER: 05661422)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2023

2. ACCOUNTING POLICIES - continued

Financial instruments
The company only enters into basic financial instruments that result in the recognition of financial assets and liabilities such as trade and other debtors and creditors.

Debt instruments that are payable or receivable within one year, typically trade debtors and creditors, are measured, initially and subsequently, at the undiscounted amount of the cash or other consideration expected to be paid or received.

Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the Statement of Comprehensive Income. For financial assets measured at amortised cost, the impairment loss is measured as the difference between an asset's carrying value and the present value of estimated cash flows discounted at the asset's original effective interest rate. If a financial asset has a variable interest rate, the discount rate for measuring any impairment loss is the effective interest rate determined under the contract. For financial assets measured at cost less impairment, the impairment loss is measured as the difference between an asset's carrying amount and the best estimate of the recoverable amount, which is an approximation of the amount that the company would receive for the asset if it were to be sold at the reporting date.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

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 has implemented automatic enrolment into a workplace pension scheme in relation to all employees.

All contributions payable for the year are charged to the income statement in the period to which they relate.

Income
Income represents net invoiced management charges, excluding value added tax.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 9 (2022 - 10 ) .

MARTON HALL LEISURE LIMITED (REGISTERED NUMBER: 05661422)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2023

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 January 2023 85,679
Disposals (53,014 )
At 31 December 2023 32,665
DEPRECIATION
At 1 January 2023 62,088
Charge for year 3,161
Eliminated on disposal (48,352 )
At 31 December 2023 16,897
NET BOOK VALUE
At 31 December 2023 15,768
At 31 December 2022 23,591

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Trade debtors 72,625 79,085
Amounts owed by group undertakings 399,785 353,322
Other debtors 3,708 4,164
476,118 436,571

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Trade creditors 24,588 19,937
Amounts owed to group undertakings 63,101 48,678
Taxation and social security 39,080 40,239
Other creditors 61,342 63,808
188,111 172,662

7. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
31.12.23 31.12.22
£    £   
Within one year 17,500 17,500

MARTON HALL LEISURE LIMITED (REGISTERED NUMBER: 05661422)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2023

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.12.23 31.12.22
value: £    £   
1 Ordinary £1 1 1

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

The Report of the Auditors was unqualified.

Andrew Cameron (Senior Statutory Auditor)
for and on behalf of Ryecroft Glenton

10. CONTINGENT LIABILITIES

The company's bankers hold a cross guarantee between the company and the other members of the group being Shorewood Leisure Group Limited, Shorewood Parks Limited, Hornsea Leisure Limited, Witton Castle Country Park Limited and North Bay Leisure Limited.

It is the opinion of the directors that this guarantee will not crystallise and is therefore not provided in these financial statements.

11. RELATED PARTY DISCLOSURES

The company's ultimate parent undertaking is Shorewood Leisure Group Limited a company incorporated in the United Kingdom. Group consolidated financial statements are available from the group and company's registered office, Marton Hall, Church Lane, Sewerby, Bridlington, YO15 1DS.