IRIS Accounts Production v24.2.0.383 NI694083 Board of Directors 30.1.23 31.1.24 31.1.24 0 false true false false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWhNI6940832023-01-29NI6940832024-01-31NI6940832023-01-302024-01-31NI6940832023-01-29NI694083ns15:NorthernIreland2023-01-302024-01-31NI694083ns14:PoundSterling2023-01-302024-01-31NI694083ns10:Director12023-01-302024-01-31NI694083ns10:PrivateLimitedCompanyLtd2023-01-302024-01-31NI694083ns10:SmallEntities2023-01-302024-01-31NI694083ns10:AuditExemptWithAccountantsReport2023-01-302024-01-31NI694083ns10:SmallCompaniesRegimeForDirectorsReport2023-01-302024-01-31NI694083ns10:SmallCompaniesRegimeForAccounts2023-01-302024-01-31NI694083ns10:FullAccounts2023-01-302024-01-31NI69408312023-01-302024-01-31NI694083ns10:Director22023-01-302024-01-31NI694083ns10:RegisteredOffice2023-01-302024-01-31NI694083ns5:CurrentFinancialInstruments2024-01-31NI694083ns5:ShareCapital2024-01-31NI694083ns5:RetainedEarningsAccumulatedLosses2024-01-31NI694083ns5:NetGoodwill2023-01-302024-01-31NI694083ns5:IntangibleAssetsOtherThanGoodwill2023-01-302024-01-31NI694083ns5:NetGoodwill2024-01-31NI694083ns5:PlantMachinery2023-01-302024-01-31NI694083ns5:PlantMachinery2024-01-31
REGISTERED NUMBER: NI694083 (Northern Ireland)











Down Leisure Limited

Unaudited Financial Statements

for the Period

30 January 2023 to 31 January 2024






Down Leisure Limited (Registered number: NI694083)

Contents of the Financial Statements
for the Period 30 January 2023 to 31 January 2024










Page

Company Information 1

Report of the Accountants 2

Balance Sheet 3

Notes to the Financial Statements 5


Down Leisure Limited

Company Information
for the Period 30 January 2023 to 31 January 2024







DIRECTORS: K McCreedy
Mrs A McCreedy





REGISTERED OFFICE: 109 Scarva Road
Banbridge
United Kingdom
Co. Down
BT32 3QG





REGISTERED NUMBER: NI694083 (Northern Ireland)





ACCOUNTANTS: S.M. Vint & Company
Chartered Certified Accountants
8 Newry Road
Banbridge
Co. Down
BT32 3HN

Down Leisure Limited

Report of the Accountants to the Directors of
Down Leisure Limited


The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the period ended 31 January 2024 set out on pages four to eight and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.






S.M. Vint & Company
Chartered Certified Accountants
8 Newry Road
Banbridge
Co. Down
BT32 3HN


25 September 2024

Down Leisure Limited (Registered number: NI694083)

Balance Sheet
31 January 2024

Notes £    £   
FIXED ASSETS
Intangible assets 4 9,600
Tangible assets 5 15,502
25,102

CURRENT ASSETS
Stocks 1,750
Cash at bank 5,622
7,372
CREDITORS
Amounts falling due within one year 6 13,571
NET CURRENT LIABILITIES (6,199 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

18,903

PROVISIONS FOR LIABILITIES 2,945
NET ASSETS 15,958

CAPITAL AND RESERVES
Called up share capital 150
Retained earnings 15,808
SHAREHOLDERS' FUNDS 15,958

Down Leisure Limited (Registered number: NI694083)

Balance Sheet - continued
31 January 2024


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

The members have not required the company to obtain an audit of its financial statements for the period ended 31 January 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.

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 25 September 2024 and were signed on its behalf by:





K McCreedy - Director


Down Leisure Limited (Registered number: NI694083)

Notes to the Financial Statements
for the Period 30 January 2023 to 31 January 2024


1. STATUTORY INFORMATION

Down Leisure Limited is a private company, limited by shares , registered in Northern Ireland. 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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 0, is being amortised evenly over its estimated useful life of nil years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

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 period 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.


Down Leisure Limited (Registered number: NI694083)

Notes to the Financial Statements - continued
for the Period 30 January 2023 to 31 January 2024


2. ACCOUNTING POLICIES - continued
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 period 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 period was NIL.

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
Additions 12,000
At 31 January 2024 12,000
AMORTISATION
Charge for period 2,400
At 31 January 2024 2,400
NET BOOK VALUE
At 31 January 2024 9,600

Down Leisure Limited (Registered number: NI694083)

Notes to the Financial Statements - continued
for the Period 30 January 2023 to 31 January 2024


5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
Additions 19,399
At 31 January 2024 19,399
DEPRECIATION
Charge for period 3,897
At 31 January 2024 3,897
NET BOOK VALUE
At 31 January 2024 15,502

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Trade creditors (1 )
Taxation and social security 2,574
Other creditors 10,998
13,571