THEATRE LEISURE LIMITED

Company Registration Number:
08406135 (England and Wales)

Unaudited abridged accounts for the year ended 28 February 2024

Period of accounts

Start date: 01 March 2023

End date: 28 February 2024

THEATRE LEISURE LIMITED

Contents of the Financial Statements

for the Period Ended 28 February 2024

Balance sheet
Notes

THEATRE LEISURE LIMITED

Balance sheet

As at 28 February 2024


Notes

2024

2023


£

£
Fixed assets
Tangible assets: 3 943,885 937,298
Total fixed assets: 943,885 937,298
Current assets
Stocks: 29,345 26,315
Debtors:   11,715 19,045
Cash at bank and in hand: 13,895 83,755
Total current assets: 54,955 129,115
Creditors: amounts falling due within one year: 4 (132,357) (135,418)
Net current assets (liabilities): (77,402) (6,303)
Total assets less current liabilities: 866,483 930,995
Creditors: amounts falling due after more than one year: 5 (337,758) (387,726)
Total net assets (liabilities): 528,725 543,269
Capital and reserves
Called up share capital: 226 226
Share premium account: 39,996 39,996
Revaluation reserve:6353,720353,720
Profit and loss account: 134,783 149,327
Shareholders funds: 528,725 543,269

The notes form part of these financial statements

THEATRE LEISURE LIMITED

Balance sheet statements

For the year ending 28 February 2024 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 28 November 2024
and signed on behalf of the board by:

Name: Mr L Robson
Status: Director

The notes form part of these financial statements

THEATRE LEISURE LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover is measured at the fair value of the consideration received or receivable and represents goods supplied, net of Value Added Tax. Turnover is reduced for estimated customer returns, rebates and other similar allowances. Turnover is recognised when good are delivered and legal title has passed.

Tangible fixed assets and depreciation policy

Depreciation is provided, after taking account of any grants receivable, at the following annual rates to write off each asset over its estimated useful life: Short leasehold buildings-Nil% Fixtures and fittings-20% reducing balance

Other accounting policies

Stocks Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.

THEATRE LEISURE LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2024

2. Employees

2024 2023
Average number of employees during the period 37 37

THEATRE LEISURE LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2024

3. Tangible Assets

Total
Cost £
At 01 March 2023 1,060,632
Additions 36,893
Disposals (11,000)
At 28 February 2024 1,086,525
Depreciation
At 01 March 2023 123,334
Charge for year 24,674
On disposals (5,368)
At 28 February 2024 142,640
Net book value
At 28 February 2024 943,885
At 28 February 2023 937,298

THEATRE LEISURE LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2024

4. Creditors: amounts falling due within one year note

Bank loan 65580 Trade creditors 22811 Corporation tax 14202 Other taxation and social security 2848 Directors' current accounts 4030 Other creditors 5288 Accrual and deferred income 17598 Total creditors 132357

THEATRE LEISURE LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2024

5. Creditors: amounts falling due after more than one year note

Bank loan 260858 Directors' current accounts 76900 Total creditors 337758

THEATRE LEISURE LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2024

6. Revaluation reserve

2024
£
Balance at 01 March 2023 353,720
Surplus or deficit after revaluation 0
Balance at 28 February 2024 353,720