Company Registration No. 11149502 (England and Wales)
Schmidt Leisure Limited
Unaudited accounts
for the year ended 31 January 2025
Schmidt Leisure Limited
Unaudited accounts
Contents
Schmidt Leisure Limited
Company Information
for the year ended 31 January 2025
Company Number
11149502 (England and Wales)
Registered Office
Lane Accountants
Denmark House
143 High Street, Chalfont St. Peter
Gerrards Cross
Buckinghamshire
SL9 9QL
England
Accountants
Lane Accounting Limited
Denmark House, 143 High St,
Chalfont St Peter,
Gerrards Cross
Buckinghamshire
SL9 9QL
Schmidt Leisure Limited
Statement of financial position
as at 31 January 2025
Tangible assets
1,065,516
982,343
Cash at bank and in hand
173,085
15,842
Creditors: amounts falling due within one year
(209,308)
(183,095)
Net current assets/(liabilities)
189,740
(86,002)
Total assets less current liabilities
1,255,256
896,341
Creditors: amounts falling due after more than one year
(1,169,366)
(824,936)
Called up share capital
1
1
Profit and loss account
85,889
71,404
Shareholders' funds
85,890
71,405
For the year ending 31 January 2025 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 director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 18 February 2025 and were signed on its behalf by
Peter Schmidt
Director
Company Registration No. 11149502
Schmidt Leisure Limited
Notes to the Accounts
for the year ended 31 January 2025
Schmidt Leisure Limited is a private company, limited by shares, registered in England and Wales, registration number 11149502. The registered office is Lane Accountants, Denmark House, 143 High Street, Chalfont St. Peter, Gerrards Cross, Buckinghamshire, SL9 9QL, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
10% Straight Line
Fixtures & fittings
20% Straight Line
4
Tangible fixed assets
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 February 2024
1,269,991
6,364
1,276,355
Additions
1,231,918
-
1,231,918
Disposals
(1,124,478)
-
(1,124,478)
At 31 January 2025
1,377,431
6,364
1,383,795
At 1 February 2024
290,881
3,131
294,012
Charge for the year
137,753
1,273
139,026
On disposals
(114,759)
-
(114,759)
At 31 January 2025
313,875
4,404
318,279
At 31 January 2025
1,063,556
1,960
1,065,516
At 31 January 2024
979,110
3,233
982,343
Schmidt Leisure Limited
Notes to the Accounts
for the year ended 31 January 2025
Amounts falling due within one year
Trade debtors
187,047
53,882
Other debtors
22,136
10,589
6
Creditors: amounts falling due within one year
2025
2024
Obligations under finance leases and hire purchase contracts
96,651
94,264
Trade creditors
1,181
68,580
Taxes and social security
891
722
Loans from directors
71,984
10,018
7
Creditors: amounts falling due after more than one year
2025
2024
Obligations under finance leases and hire purchase contracts
338,928
66,782
Other creditors
830,438
758,154
8
Average number of employees
During the year the average number of employees was 3 (2024: 3).