Acorah Software Products - Accounts Production 16.1.300 false true 31 May 2023 1 June 2022 false 1 June 2023 31 May 2024 31 May 2024 06902120 Mr James Harper Ms Demi Peters iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 06902120 2023-05-31 06902120 2024-05-31 06902120 2023-06-01 2024-05-31 06902120 frs-core:CurrentFinancialInstruments 2024-05-31 06902120 frs-core:Non-currentFinancialInstruments 2024-05-31 06902120 frs-core:ComputerEquipment 2024-05-31 06902120 frs-core:ComputerEquipment 2023-06-01 2024-05-31 06902120 frs-core:ComputerEquipment 2023-05-31 06902120 frs-core:FurnitureFittings 2024-05-31 06902120 frs-core:FurnitureFittings 2023-06-01 2024-05-31 06902120 frs-core:FurnitureFittings 2023-05-31 06902120 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-05-31 06902120 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-06-01 2024-05-31 06902120 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-05-31 06902120 frs-core:MotorVehicles 2024-05-31 06902120 frs-core:MotorVehicles 2023-06-01 2024-05-31 06902120 frs-core:MotorVehicles 2023-05-31 06902120 frs-core:PlantMachinery 2024-05-31 06902120 frs-core:PlantMachinery 2023-06-01 2024-05-31 06902120 frs-core:PlantMachinery 2023-05-31 06902120 frs-core:ShareCapital 2024-05-31 06902120 frs-core:RetainedEarningsAccumulatedLosses 2024-05-31 06902120 frs-bus:PrivateLimitedCompanyLtd 2023-06-01 2024-05-31 06902120 frs-bus:FilletedAccounts 2023-06-01 2024-05-31 06902120 frs-bus:SmallEntities 2023-06-01 2024-05-31 06902120 frs-bus:AuditExempt-NoAccountantsReport 2023-06-01 2024-05-31 06902120 frs-bus:SmallCompaniesRegimeForAccounts 2023-06-01 2024-05-31 06902120 frs-bus:Director1 2023-06-01 2024-05-31 06902120 frs-bus:Director2 2023-06-01 2024-05-31 06902120 frs-countries:EnglandWales 2023-06-01 2024-05-31 06902120 2022-05-31 06902120 2023-05-31 06902120 2022-06-01 2023-05-31 06902120 frs-core:CurrentFinancialInstruments 2023-05-31 06902120 frs-core:Non-currentFinancialInstruments 2023-05-31 06902120 frs-core:ShareCapital 2023-05-31 06902120 frs-core:RetainedEarningsAccumulatedLosses 2023-05-31
Registered number: 06902120
UK Lesiure Ltd
Unaudited Financial Statements
For The Year Ended 31 May 2024
Kingfisher Accountants Limited
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 06902120
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 363,577 181,525
363,577 181,525
CURRENT ASSETS
Stocks 5 1,500 1,000
Debtors 6 4,845 5,759
Cash at bank and in hand 23,077 149,125
29,422 155,884
Creditors: Amounts Falling Due Within One Year 7 (4,489 ) (4,972 )
NET CURRENT ASSETS (LIABILITIES) 24,933 150,912
TOTAL ASSETS LESS CURRENT LIABILITIES 388,510 332,437
Creditors: Amounts Falling Due After More Than One Year 8 (178,407 ) (128,150 )
NET ASSETS 210,103 204,287
CAPITAL AND RESERVES
Called up share capital 9 100 100
Profit and Loss Account 210,003 204,187
SHAREHOLDERS' FUNDS 210,103 204,287
Page 1
Page 2
For the year 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 James Harper
Director
06/02/2025
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
UK Lesiure Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 06902120 . The registered office is 15 High Street, Wombwell, Barnsley, S73 0DA.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).
2.2. Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are stated at cost less depreciation. 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:
Freehold 2% on cost
Plant & Machinery 30% reducing balance
Motor Vehicles 30% reducing balance
Fixtures & Fittings 10% reducing balance
Computer Equipment 25% on cost
2.4. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
2.5. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other year and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and asset reflects the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2023: 2)
2 2
Page 3
Page 4
4. Tangible Assets
Land & Property
Freehold Plant & Machinery Motor Vehicles Fixtures & Fittings
£ £ £ £
Cost
As at 1 June 2023 212,400 8,473 2,500 8,801
Additions 190,800 - - -
As at 31 May 2024 403,200 8,473 2,500 8,801
Depreciation
As at 1 June 2023 35,484 7,057 2,080 6,028
Provided during the period 8,064 425 126 277
As at 31 May 2024 43,548 7,482 2,206 6,305
Net Book Value
As at 31 May 2024 359,652 991 294 2,496
As at 1 June 2023 176,916 1,416 420 2,773
Computer Equipment Total
£ £
Cost
As at 1 June 2023 473 232,647
Additions 349 191,149
As at 31 May 2024 822 423,796
Depreciation
As at 1 June 2023 473 51,122
Provided during the period 205 9,097
As at 31 May 2024 678 60,219
Net Book Value
As at 31 May 2024 144 363,577
As at 1 June 2023 - 181,525
5. Stocks
2024 2023
£ £
Stock 1,500 1,000
6. Debtors
2024 2023
£ £
Due within one year
VAT 4,845 5,759
Page 4
Page 5
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 3 168
Corporation tax 3,886 4,204
Accruals and deferred income 600 600
4,489 4,972
8. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 36,249 40,610
Directors loan account 142,158 87,540
178,407 128,150
9. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
Page 5