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REGISTERED NUMBER: 05495496 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024

FOR

LEISURE AVENUES LIMITED

LEISURE AVENUES LIMITED (REGISTERED NUMBER: 05495496)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31 March 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


LEISURE AVENUES LIMITED

COMPANY INFORMATION
for the Year Ended 31 March 2024







DIRECTORS: K Fawcett
N Jarratt
E Mitchell





SECRETARY: N Jarratt





REGISTERED OFFICE: 92a Wheat Street
Nuneaton
Warwickshire
CV11 4BH





REGISTERED NUMBER: 05495496 (England and Wales)





ACCOUNTANTS: Flint & Thompson
2 Manor Square
Solihull
West Midlands
B91 3PX

LEISURE AVENUES LIMITED (REGISTERED NUMBER: 05495496)

BALANCE SHEET
31 March 2024

2024 2023
Notes £    £   
CURRENT ASSETS
Stocks 5,876 5,252
Debtors 4 1,853 3,695
Cash at bank and in hand 101 250
7,830 9,197
CREDITORS
Amounts falling due within one year 5 2,730 4,097
NET CURRENT ASSETS 5,100 5,100
TOTAL ASSETS LESS CURRENT
LIABILITIES

5,100

5,100

CAPITAL AND RESERVES
Called up share capital 6 100 100
Retained earnings 5,000 5,000
SHAREHOLDERS' FUNDS 5,100 5,100

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.

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 2 October 2024 and were signed on its behalf by:





K Fawcett - Director


LEISURE AVENUES LIMITED (REGISTERED NUMBER: 05495496)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31 March 2024

1. STATUTORY INFORMATION

Leisure Avenues 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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 represents the invoiced value of cash receivable from customers, net of Value Added Tax, of goods sold and services provided to customers. Turnover is recognised when the point of sale occurs and the sale is made to the customer.

Stocks
Stocks are valued at the lower of cost and net realisable value. Cost is computed on a first in first out basis. Net realisable value is based on estimated selling price. Provision is made for obsolete and slow moving items.

Financial instruments
The Company only enters into simple financial instruments such as trade debtors, trade creditors and intercompany balances with the parent entity, which are recognised at cost less any impairment.

Debtors
Short term debtors are measured at the transaction price, less any impairment.

Creditors
Short term trade creditors are measured at the transaction price.

Leased assets
All leases are "operating leases" and the annual rentals are charged to the profit and loss on a straight line basis over the lease term.

3. EMPLOYEES AND DIRECTORS

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

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Amounts owed by group undertakings 1,853 3,695

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other creditors 2,730 4,097

LEISURE AVENUES LIMITED (REGISTERED NUMBER: 05495496)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 March 2024

6. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
100 Ordinary 1 100 100

7. ULTIMATE CONTROLLING PARTY

The company is a wholly owned subsidiary of Nuneaton and Bedworth Leisure Trust Ltd (NBLT) which leads the largest and smallest group in which the company's financial statements are consolidated. These consolidated financial statements are available from the Charity Commission website.

NBLT's registered office is at 92a Wheat Street, Nuneaton, CV11 4BH.