Caseware UK (AP4) 2023.0.135 2023.0.135 2024-05-312024-05-31No description of principal activitytrue2023-06-01false3839trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 03762251 2023-06-01 2024-05-31 03762251 2022-06-01 2023-05-31 03762251 2024-05-31 03762251 2023-05-31 03762251 c:Director1 2023-06-01 2024-05-31 03762251 c:Director2 2023-06-01 2024-05-31 03762251 d:Buildings 2023-06-01 2024-05-31 03762251 d:Buildings 2024-05-31 03762251 d:Buildings 2023-05-31 03762251 d:Buildings d:OwnedOrFreeholdAssets 2023-06-01 2024-05-31 03762251 d:LandBuildings 2024-05-31 03762251 d:LandBuildings 2023-05-31 03762251 d:PlantMachinery 2023-06-01 2024-05-31 03762251 d:PlantMachinery 2024-05-31 03762251 d:PlantMachinery 2023-05-31 03762251 d:PlantMachinery d:OwnedOrFreeholdAssets 2023-06-01 2024-05-31 03762251 d:MotorVehicles 2023-06-01 2024-05-31 03762251 d:MotorVehicles 2024-05-31 03762251 d:MotorVehicles 2023-05-31 03762251 d:MotorVehicles d:OwnedOrFreeholdAssets 2023-06-01 2024-05-31 03762251 d:FurnitureFittings 2023-06-01 2024-05-31 03762251 d:FurnitureFittings 2024-05-31 03762251 d:FurnitureFittings 2023-05-31 03762251 d:FurnitureFittings d:OwnedOrFreeholdAssets 2023-06-01 2024-05-31 03762251 d:OwnedOrFreeholdAssets 2023-06-01 2024-05-31 03762251 d:CurrentFinancialInstruments 2024-05-31 03762251 d:CurrentFinancialInstruments 2023-05-31 03762251 d:CurrentFinancialInstruments d:WithinOneYear 2024-05-31 03762251 d:CurrentFinancialInstruments d:WithinOneYear 2023-05-31 03762251 d:ShareCapital 2024-05-31 03762251 d:ShareCapital 2023-05-31 03762251 d:RetainedEarningsAccumulatedLosses 2024-05-31 03762251 d:RetainedEarningsAccumulatedLosses 2023-05-31 03762251 c:FRS102 2023-06-01 2024-05-31 03762251 c:AuditExempt-NoAccountantsReport 2023-06-01 2024-05-31 03762251 c:FullAccounts 2023-06-01 2024-05-31 03762251 c:PrivateLimitedCompanyLtd 2023-06-01 2024-05-31 03762251 2 2023-06-01 2024-05-31 03762251 e:PoundSterling 2023-06-01 2024-05-31 iso4217:GBP xbrli:pure

Registered number: 03762251










AMAZON LEISURE (UK) LTD








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 MAY 2024

 
AMAZON LEISURE (UK) LTD
REGISTERED NUMBER:03762251

STATEMENT OF FINANCIAL POSITION
AS AT 31 MAY 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
1,096,088
1,034,294

  
1,096,088
1,034,294

Current assets
  

Stocks
  
435,163
345,156

Debtors: amounts falling due within one year
 5 
381,790
349,076

Cash at bank and in hand
  
1,023,527
1,553,003

  
1,840,480
2,247,235

Creditors: amounts falling due within one year
 6 
(406,826)
(745,573)

Net current assets
  
 
 
1,433,654
 
 
1,501,662

Total assets less current liabilities
  
2,529,742
2,535,956

Provisions for liabilities
  

Deferred tax
  
(55,742)
(51,810)

  
 
 
(55,742)
 
 
(51,810)

Net assets
  
2,474,000
2,484,146


Capital and reserves
  

Called up share capital 
  
1,000
1,000

Profit and loss account
  
2,473,000
2,483,146

  
2,474,000
2,484,146

Page 1

 
AMAZON LEISURE (UK) LTD
REGISTERED NUMBER:03762251
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 MAY 2024

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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

The Company has opted not to file the income statement in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 




................................................
S Chapman
................................................
M Chapman
Director
Director


Date: 20 September 2024

The notes on pages 3 to 7 form part of these financial statements.

Page 2

 
AMAZON LEISURE (UK) LTD
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024

1.


General information

Amazon Leisure (UK) Ltd is a private company limited by shares and incorporated in England and Wales, registration number 03762251. The registered office is The Fitness Centre, Hargham Road, Shropham, Attleborough, Norfolk, NR17 1DS.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are presented in sterling which is the functional currency of the company and rounded to the nearest £.
The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated.

 
2.2

Turnover

Turnover is recognised to the extent that it is probable that the economic benefits will flow to the Company and the turnover can be reliably measured. Turnover is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before turnover is recognised:

Sale of goods

Turnover from the sale of goods is recognised when all of the following conditions are satisfied:
the Company has transferred the significant risks and rewards of ownership to the buyer;
the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;
the amount of turnover can be measured reliably;
it is probable that the Company will receive the consideration due under the transaction; and
the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Rendering of services

Turnover from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of turnover can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

Page 3

 
AMAZON LEISURE (UK) LTD
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024

2.Accounting policies (continued)

 
2.3

Interest income

Interest income is recognised in profit or loss using the effective interest method.

 
2.4

Current and deferred taxation

The tax expense for the year comprises current and deferred tax. Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the Company operates and generates income.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the reporting date, except that:
The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and
Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.

 
2.5

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Land is not depreciated. Depreciation on other assets is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the most appropriate method.

Depreciation is provided on the following basis:

Freehold property
-
2% straight line
Plant & machinery
-
20% and 25% reducing balance
Motor vehicles
-
25% reducing balance
Fixtures & fittings
-
15% reducing balance/3 years straight line

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

Page 4

 
AMAZON LEISURE (UK) LTD
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024

2.Accounting policies (continued)

 
2.6

Stocks

Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a weighted average basis. Work in progress and finished goods include labour and attributable overheads.

At each reporting date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.

 
2.7

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.8

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.9

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

 
2.10

Provisions for liabilities

Provisions are recognised when an event has taken place that gives rise to a legal or constructive obligation, a transfer of economic benefits is probable and a reliable estimate can be made.
Provisions are measured as the best estimate of the amount required to settle the obligation, taking into account the related risks and uncertainties.
 
Increases in provisions are generally charged as an expense to profit or loss.

 
2.11

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders.


3.


Employees

The average monthly number of employees, including directors, during the year was 38 (2023 - 39).

Page 5

 
AMAZON LEISURE (UK) LTD
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024

4.


Tangible fixed assets





Freehold property
Plant & machinery
Motor vehicles
Fixtures & fittings
Total

£
£
£
£
£



Cost or valuation


At 1 June 2023
1,238,270
177,426
260,673
110,960
1,787,329


Additions
-
18,369
188,248
2,495
209,112


Disposals
-
(14,583)
(101,862)
(3,320)
(119,765)



At 31 May 2024

1,238,270
181,212
347,059
110,135
1,876,676



Depreciation


At 1 June 2023
419,075
130,190
114,523
89,247
753,035


Charge for the year on owned assets
23,098
12,257
62,413
3,601
101,369


Disposals
-
(6,009)
(65,171)
(2,636)
(73,816)



At 31 May 2024

442,173
136,438
111,765
90,212
780,588



Net book value



At 31 May 2024
796,097
44,774
235,294
19,923
1,096,088



At 31 May 2023
819,195
47,236
146,150
21,713
1,034,294




The net book value of land and buildings may be further analysed as follows:


2024
2023
£
£

Freehold
796,097
819,195

796,097
819,195


Page 6

 
AMAZON LEISURE (UK) LTD
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024

5.


Debtors

2024
2023
£
£


Trade debtors
312,555
284,876

Other debtors
150
150

Prepayments and accrued income
69,085
64,050

381,790
349,076



6.


Creditors: Amounts falling due within one year

2024
2023
£
£

Payments received on account
69,166
147,998

Trade creditors
111,635
195,516

Corporation tax
94,903
100,045

Other taxation and social security
77,593
93,205

Other creditors
6,776
153,680

Accruals and deferred income
46,753
55,129

406,826
745,573



7.


Pension commitments

The Company operates a defined contributions pension scheme. The assets of the scheme are held separately from those of the Company in an independently administered fund. The pension cost charge represents contributions payable by the Company to the fund and amounted to £18,731 (2023: £16,461). Contributions totalling £3,920 (2023: £3,680) were payable to the fund at the reporting date.

 
Page 7