Acorah Software Products - Accounts Production 16.0.110 false true false 19 May 2023 31 May 2024 31 May 2024 14880730 Mr J Bibb Mr W Bugg iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 14880730 2023-05-18 14880730 2024-05-31 14880730 2023-05-19 2024-05-31 14880730 frs-core:CurrentFinancialInstruments 2024-05-31 14880730 frs-core:FurnitureFittings 2024-05-31 14880730 frs-core:FurnitureFittings 2023-05-19 2024-05-31 14880730 frs-core:FurnitureFittings 2023-05-18 14880730 frs-core:PlantMachinery 2024-05-31 14880730 frs-core:PlantMachinery 2023-05-19 2024-05-31 14880730 frs-core:PlantMachinery 2023-05-18 14880730 frs-core:ShareCapital 2024-05-31 14880730 frs-core:RetainedEarningsAccumulatedLosses 2024-05-31 14880730 frs-bus:PrivateLimitedCompanyLtd 2023-05-19 2024-05-31 14880730 frs-bus:FilletedAccounts 2023-05-19 2024-05-31 14880730 frs-bus:SmallEntities 2023-05-19 2024-05-31 14880730 frs-bus:AuditExempt-NoAccountantsReport 2023-05-19 2024-05-31 14880730 frs-bus:SmallCompaniesRegimeForAccounts 2023-05-19 2024-05-31 14880730 frs-bus:Director1 2023-05-19 2024-05-31 14880730 frs-bus:Director2 2023-05-19 2024-05-31 14880730 frs-countries:EnglandWales 2023-05-19 2024-05-31
Registered number: 14880730
LJB Leisure Limited
Financial Statements
For the Period 19 May 2023 to 31 May 2024
BBK Partnership
Chartered Accountants & Statutory Auditors
1 Beauchamp Court
10 Victors Way
Barnet
Hertfordshire
EN5 5TZ
Financial Statements
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 14880730
31 May 2024
Notes £ £
FIXED ASSETS
Tangible Assets 3 19,258
19,258
CURRENT ASSETS
Debtors 4 15,420
Cash at bank and in hand 2,863
18,283
Creditors: Amounts Falling Due Within One Year 5 (23,298 )
NET CURRENT ASSETS (LIABILITIES) (5,015 )
TOTAL ASSETS LESS CURRENT LIABILITIES 14,243
NET ASSETS 14,243
CAPITAL AND RESERVES
Called up share capital 7 2
Profit and Loss Account 14,241
SHAREHOLDERS' FUNDS 14,243
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Page 2
For the period ending 31 May 2024 the company was entitled to exemption from audit 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.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr J Bibb
Director
05/09/2024
The notes on pages 3 to 5 form part of these financial statements.
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Notes to the Financial Statements
1. Accounting Policies
1.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
1.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
1.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Plant & Machinery 20% on reducing method
Fixtures & Fittings 20% on reducing method
1.4. Leasing and Hire Purchase Contracts
Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to profit and loss account as incurred.
2. Average Number of Employees
Average number of employees, including directors, during the year was as follows: 6
6
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3. Tangible Assets
Plant & Machinery Fixtures & Fittings Total
£ £ £
Cost
As at 19 May 2023 - - -
Additions 20,768 3,305 24,073
As at 31 May 2024 20,768 3,305 24,073
Depreciation
As at 19 May 2023 - - -
Provided during the period 4,154 661 4,815
As at 31 May 2024 4,154 661 4,815
Net Book Value
As at 31 May 2024 16,614 2,644 19,258
As at 19 May 2023 - - -
4. Debtors
31 May 2024
£
Due within one year
Amounts owed by group undertakings 958
Other debtors 14,462
15,420
5. Creditors: Amounts Falling Due Within One Year
31 May 2024
£
Trade creditors 189
Other creditors 20,199
Taxation and social security 2,910
23,298
7. Share Capital
31 May 2024
£
Allotted, Called up and fully paid 2
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8. General Information
LJB Leisure Limited is a private company, limited by shares, incorporated in England & Wales, registered number 14880730 . The registered office is 5 The Grove Bedford Road, Cople, Bedford, Bedfordshire, MK44 3TP.
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