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REGISTERED NUMBER: 12455031 (England and Wales)











UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 1 MARCH 2023 TO 31 MARCH 2024

FOR

KINGSBERE LEISURE LTD

KINGSBERE LEISURE LTD (REGISTERED NUMBER: 12455031)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 1 MARCH 2023 TO 31 MARCH 2024










Page

Balance sheet 1

Notes to the financial statements 3


KINGSBERE LEISURE LTD (REGISTERED NUMBER: 12455031)

BALANCE SHEET
31 MARCH 2024

2024 2023
Notes £    £    £    £   
Fixed assets
Tangible assets 4 7,678 8,941

Current assets
Stocks 1,000 1,000
Debtors 5 43,759 20,929
Cash at bank and in hand 1,469 1,296
46,228 23,225
Creditors
Amounts falling due within one year 6 38,361 18,157
Net current assets 7,867 5,068
Total assets less current liabilities 15,545 14,009

Creditors
Amounts falling due after more than one year 7 (3,929 ) (7,238 )

Provisions for liabilities 8 (1,920 ) (1,254 )
Net assets 9,696 5,517

Capital and reserves
Called up share capital 9 100 100
Retained earnings 9,596 5,417
Shareholders' funds 9,696 5,517

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

The members have not required the company to obtain an audit of its financial statements for the period ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

KINGSBERE LEISURE LTD (REGISTERED NUMBER: 12455031)

BALANCE SHEET - continued
31 MARCH 2024


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 comprehensive income has not been delivered.

The financial statements were approved by the director and authorised for issue on 18 October 2024 and were signed by:





Mr P Trim - Director


KINGSBERE LEISURE LTD (REGISTERED NUMBER: 12455031)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 1 MARCH 2023 TO 31 MARCH 2024


1. Statutory information

Kingsbere Leisure Ltd is a private company, limited by shares, registered in England and Wales. The company's registered number is 12455031. The registered office is 7 & 8 Church Street, Wimborne, Dorset, BH21 1JH and business address is Throop Hollow Farm, Briantspuddle, Dorchester, Dorset, BH2 7JD.

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 amounts receivable, excluding value added tax, in respect of goods & services provided in the ordinary course of business. Turnover is recognised when the goods or service has been provided to the customer.

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 - 25% on cost

Stocks
Stock and Work In Progress are valued at the lower of cost and net realisable value.

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.

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.

Financial instruments
Basic financial instruments are initially recognised at transaction price and accounted for according to the substance of the contractual arrangement, as either financial assets, liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company, after deducting all liabilities.

At each balance sheet date, financial instruments are measured at amortised cost using the effective interest method. Any losses arising from impairment are recognised in the profit and loss account in the period to which they relate.

Change in accounting period
On 1 October 2024, the company changed its accounting period end to 31 March, in line with the director's other businesses. As such, the previous period is not directly comparable.

KINGSBERE LEISURE LTD (REGISTERED NUMBER: 12455031)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1 MARCH 2023 TO 31 MARCH 2024


3. Employees and directors

The average number of employees during the period was 1 (2023 - 1 ) .

4. Tangible fixed assets
Plant and
machinery
£   
Cost
At 1 March 2023 34,100
Additions 10,000
At 31 March 2024 44,100
Depreciation
At 1 March 2023 25,159
Charge for period 11,263
At 31 March 2024 36,422
Net book value
At 31 March 2024 7,678
At 28 February 2023 8,941

5. Debtors: amounts falling due within one year
2024 2023
£    £   
Other debtors 43,759 20,744
Prepayments and accrued income - 185
43,759 20,929

6. Creditors: amounts falling due within one year
2024 2023
£    £   
Bank loans and overdrafts 3,057 2,974
Trade creditors 811 -
Tax 2,995 -
Directors' current accounts 21,737 10,051
Accruals and deferred income 9,761 5,132
38,361 18,157

7. Creditors: amounts falling due after more than one year
2024 2023
£    £   
Bank loans - 1-2 years 3,134 3,051
Bank loans - 2-5 years 795 4,187
3,929 7,238

KINGSBERE LEISURE LTD (REGISTERED NUMBER: 12455031)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1 MARCH 2023 TO 31 MARCH 2024


8. Provisions for liabilities
2024 2023
£    £   
Deferred tax 1,920 1,254

Deferred
tax
£   
Balance at 1 March 2023 1,254
Charge to Income statement during period 666
Balance at 31 March 2024 1,920

9. Called up share capital

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

10. Ultimate controlling party

The Company is under the control of the Director, by virtue of their 100% holding of the issued voting share capital of the Company.