IRIS Accounts Production v24.2.0.383 09537585 Board of Directors 1.5.23 30.4.24 30.4.24 false true false false true false Ordinary A 1.00000 Ordinary B 1.00000 Ordinary C 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh095375852023-04-30095375852024-04-30095375852023-05-012024-04-30095375852022-04-30095375852022-05-012023-04-30095375852023-04-3009537585ns15:EnglandWales2023-05-012024-04-3009537585ns14:PoundSterling2023-05-012024-04-3009537585ns10:Director12023-05-012024-04-3009537585ns10:PrivateLimitedCompanyLtd2023-05-012024-04-3009537585ns10:SmallEntities2023-05-012024-04-3009537585ns10:AuditExemptWithAccountantsReport2023-05-012024-04-3009537585ns10:SmallCompaniesRegimeForDirectorsReport2023-05-012024-04-3009537585ns10:SmallCompaniesRegimeForAccounts2023-05-012024-04-3009537585ns10:FullAccounts2023-05-012024-04-3009537585ns10:OrdinaryShareClass12023-05-012024-04-3009537585ns10:OrdinaryShareClass22023-05-012024-04-3009537585ns10:OrdinaryShareClass32023-05-012024-04-3009537585ns10:Director22023-05-012024-04-3009537585ns10:RegisteredOffice2023-05-012024-04-3009537585ns5:CurrentFinancialInstruments2024-04-3009537585ns5:CurrentFinancialInstruments2023-04-3009537585ns5:ShareCapital2024-04-3009537585ns5:ShareCapital2023-04-3009537585ns5:PlantMachinery2023-05-012024-04-3009537585ns5:PlantMachinery2023-04-3009537585ns5:PlantMachinery2024-04-3009537585ns5:WithinOneYearns5:CurrentFinancialInstruments2024-04-3009537585ns5:WithinOneYearns5:CurrentFinancialInstruments2023-04-3009537585ns10:OrdinaryShareClass12024-04-3009537585ns10:OrdinaryShareClass22024-04-3009537585ns10:OrdinaryShareClass32024-04-30095375851ns10:Director12023-04-30095375851ns10:Director12022-04-30095375851ns10:Director12023-05-012024-04-30095375851ns10:Director12022-05-012023-04-30095375851ns10:Director12024-04-30095375851ns10:Director12023-04-30
REGISTERED NUMBER: 09537585 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2024

FOR

PROLEISURE LIMITED

PROLEISURE LIMITED (REGISTERED NUMBER: 09537585)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3

Chartered Accountants' Report 6

PROLEISURE LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 APRIL 2024







DIRECTORS: Ms S K Griffin
J M Stemp





REGISTERED OFFICE: Llwyn Helyg
Llangybi
Pwllheli
Gwynedd
LL53 6TB





REGISTERED NUMBER: 09537585 (England and Wales)





ACCOUNTANTS: Synergee Limited
Pluto House
6 Vale Avenue
Tunbridge Wells
Kent
TN1 1DJ

PROLEISURE LIMITED (REGISTERED NUMBER: 09537585)

BALANCE SHEET
30 APRIL 2024

2024 2023
Notes £    £   
CURRENT ASSETS
Debtors 5 40,405 11,231
Cash at bank 129,064 187,360
169,469 198,591
CREDITORS
Amounts falling due within one year 6 (169,369 ) (198,491 )
NET CURRENT ASSETS 100 100
TOTAL ASSETS LESS CURRENT
LIABILITIES

100

100

CAPITAL AND RESERVES
Called up share capital 7 100 100
SHAREHOLDERS' FUNDS 100 100

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 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 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 29 October 2024 and were signed on its behalf by:





J M Stemp - Director


PROLEISURE LIMITED (REGISTERED NUMBER: 09537585)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

1. STATUTORY INFORMATION

Proleisure 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 is recognised to the extent it is probably that economic benefit will flow to the company, and that it can be reliably measured. Turnover is measured at the fair value of consideration received or receivable, net of discounts, rebate, VAT and other sales taxes.

Turnover from the provision of services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when the following conditions are satisfied:
- the amount of turnover can be measured reliably;
- it is probable that consideration due will be received;
- the state of completion of the contract at the reporting date can be measured reliably, and
- the costs incurred, or to be incurred, can be measured reliably.

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 etc - 33% on cost

Tangible fixed assets are held under the cost model and are stated at their historical cost less accumulated depreciation and impairment losses. Costs include directly attributable expenditure in bringing the asset into the location and condition necessary for operation.

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

Gains and losses on disposal are determined by comparing the proceeds with the carrying amount, and are recognised in the statement of income and retained earnings.

Financial instruments
The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors; loans from banks and other third parties: loans to related parties and investments in non-puttable ordinary shares.

Debt instruments, other than those wholly payable or receivable within one year, including loans and other accounts receivable and payable are initially measured at the present value of future cashflow, and subsequently measured at amortised cost using the effective interest method. Debt instruments that are payable, or receivable within one year, typically trade debtors and creditors, are measured at the undiscounted amount of consideration expected to be paid or received. If the arrangements of a short term instrument constitute a financing transaction, like the payment of a trade debt deferred beyond normal business terms or financed at a rate of interest that is not a market rate, the financial asset or liability is initially measured at the present value of future cash flows discounted at a market rate of interest for a similar debt instrument, and subsequently measured at amortised cost.

Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment, and such impairments are recognised in total comprehensive income.


PROLEISURE LIMITED (REGISTERED NUMBER: 09537585)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2024

2. ACCOUNTING POLICIES - continued
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.

Foreign currencies
The company's functional and presentation currency is GBP.

At each reporting date, foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction. Non-monetary items at fair value are measured using the exchange rate when fair value was determined.

Foreign exchange gains and losses resulting from the settlement of transactions and from translation of monetary assets and liabilities denominated in foreign currencies at the reporting date are recognised in the statement of income and retained earnings.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2023 - 3 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 May 2023
and 30 April 2024 12,556
DEPRECIATION
At 1 May 2023
and 30 April 2024 12,556
NET BOOK VALUE
At 30 April 2024 -

PROLEISURE LIMITED (REGISTERED NUMBER: 09537585)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2024

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 2,984 3,961
Other debtors 37,421 7,270
40,405 11,231

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 5,637 7,243
Taxation and social security 67,121 61,417
Other creditors 96,611 129,831
169,369 198,491

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
70 Ordinary A £1 70 70
20 Ordinary B £1 20 20
10 Ordinary C £1 10 10
100 100

8. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 April 2024 and 30 April 2023:

2024 2023
£    £   
J M Stemp
Balance outstanding at start of year (35,125 ) (35,125 )
Amounts advanced 258,214 -
Amounts repaid (193,062 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 30,027 (35,125 )

9. RELATED PARTY DISCLOSURES

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.

CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS
ON THE UNAUDITED FINANCIAL STATEMENTS OF
PROLEISURE 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.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Proleisure Limited for the year ended 30 April 2024 which comprise the Statement of Income and Retained Earnings, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Proleisure Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Proleisure Limited and state those matters that we have agreed to state to the Board of Directors of Proleisure Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Proleisure Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Proleisure Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Proleisure Limited. You consider that Proleisure Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Proleisure Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Synergee Limited
Pluto House
6 Vale Avenue
Tunbridge Wells
Kent
TN1 1DJ


29 October 2024