Caseware UK (AP4) 2023.0.135 2023.0.135 2024-07-052024-07-058true82023-07-06falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 00808762 2023-07-06 2024-07-05 00808762 2022-07-06 2023-07-05 00808762 2024-07-05 00808762 2023-07-05 00808762 c:Director1 2023-07-06 2024-07-05 00808762 d:FurnitureFittings 2023-07-06 2024-07-05 00808762 d:FurnitureFittings 2024-07-05 00808762 d:FurnitureFittings 2023-07-05 00808762 d:FurnitureFittings d:OwnedOrFreeholdAssets 2023-07-06 2024-07-05 00808762 d:OtherPropertyPlantEquipment 2023-07-06 2024-07-05 00808762 d:OtherPropertyPlantEquipment 2024-07-05 00808762 d:OtherPropertyPlantEquipment 2023-07-05 00808762 d:OtherPropertyPlantEquipment d:OwnedOrFreeholdAssets 2023-07-06 2024-07-05 00808762 d:OwnedOrFreeholdAssets 2023-07-06 2024-07-05 00808762 d:Goodwill 2024-07-05 00808762 d:Goodwill 2023-07-05 00808762 d:CurrentFinancialInstruments 2024-07-05 00808762 d:CurrentFinancialInstruments 2023-07-05 00808762 d:Non-currentFinancialInstruments 2024-07-05 00808762 d:Non-currentFinancialInstruments 2023-07-05 00808762 d:CurrentFinancialInstruments d:WithinOneYear 2024-07-05 00808762 d:CurrentFinancialInstruments d:WithinOneYear 2023-07-05 00808762 d:Non-currentFinancialInstruments d:AfterOneYear 2024-07-05 00808762 d:Non-currentFinancialInstruments d:AfterOneYear 2023-07-05 00808762 d:ShareCapital 2024-07-05 00808762 d:ShareCapital 2023-07-05 00808762 d:OtherMiscellaneousReserve 2024-07-05 00808762 d:OtherMiscellaneousReserve 2023-07-05 00808762 d:RetainedEarningsAccumulatedLosses 2024-07-05 00808762 d:RetainedEarningsAccumulatedLosses 2023-07-05 00808762 c:FRS102 2023-07-06 2024-07-05 00808762 c:AuditExempt-NoAccountantsReport 2023-07-06 2024-07-05 00808762 c:FullAccounts 2023-07-06 2024-07-05 00808762 c:PrivateLimitedCompanyLtd 2023-07-06 2024-07-05 00808762 d:WithinOneYear 2024-07-05 00808762 d:WithinOneYear 2023-07-05 00808762 d:BetweenOneFiveYears 2024-07-05 00808762 d:BetweenOneFiveYears 2023-07-05 00808762 e:PoundSterling 2023-07-06 2024-07-05 iso4217:GBP xbrli:pure

Registered number: 00808762










FLAMINGO LEISURE LIMITED








UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 5 JULY 2024

 
FLAMINGO LEISURE LIMITED
 

CONTENTS



Page
Balance sheet
 
1 - 2
Notes to the financial statements
 
3 - 7


 
FLAMINGO LEISURE LIMITED
REGISTERED NUMBER: 00808762

BALANCE SHEET
AS AT 5 JULY 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 5 
61,477
83,083

Current assets
  

Debtors: amounts falling due within one year
 6 
16,272
18,889

Cash at bank and in hand
  
91,163
132,937

  
107,435
151,826

Creditors: amounts falling due within one year
 7 
(63,984)
(53,305)

Net current assets
  
 
 
43,451
 
 
98,521

Total assets less current liabilities
  
104,928
181,604

Creditors: amounts falling due after more than one year
 8 
(8,000)
(17,600)

  

Net assets
  
96,928
164,004


Capital and reserves
  

Called up share capital 
  
300
300

Other reserves
  
949
949

Profit and loss account
  
95,679
162,755

  
96,928
164,004

Page 1

 
FLAMINGO LEISURE LIMITED
REGISTERED NUMBER: 00808762
    
BALANCE SHEET (CONTINUED)
AS AT 5 JULY 2024

The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 18 February 2025.




J.M.F. Haynes
Director

The notes on pages 3 to 7 form part of these financial statements.
Page 2

 
FLAMINGO LEISURE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 5 JULY 2024

1.


General information

Flamingo Leisure Limited is a private company limited by shares incorporated in England. The address of the registered office and principal place of business is 21-22 Bridge Street, Stourport-On-Severn, Worcestershire, DY13 8UT.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

 
2.3

Intangible assets

Goodwill
Goodwill is measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is amortised on a straight line basis to the Statement of income and retained earnings over its useful economic life.

 
2.4

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on a reducing balance basis.

Depreciation is provided on the following basis:

Fixtures, fittings and equipment
-
30% on a reducing balance basis.
Amusement and gaming machines
-
20% on a straight line basis.

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

Page 3

 
FLAMINGO LEISURE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 5 JULY 2024

2.Accounting policies (continued)

 
2.5

Debtors

Short term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.6

Financial instruments

The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties and loans to related parties.

 
2.7

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

 
2.8

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

 
2.9

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the balance sheet. The assets of the plan are held separately from the Company in independently administered funds.


3.


Employees

The average monthly number of employees, including directors, during the year was 8 (2023 - 8).

Page 4

 
FLAMINGO LEISURE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 5 JULY 2024

4.


Intangible assets




Goodwill

£



Cost


At 6 July 2023
21,137



At 5 July 2024

21,137



Amortisation


At 6 July 2023
21,137



At 5 July 2024

21,137



Net book value



At 5 July 2024
-



At 5 July 2023
-



Page 5

 
FLAMINGO LEISURE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 5 JULY 2024

5.


Tangible fixed assets





Fixtures, fittings and equipment
Amusement and gaming machines
Total

£
£
£



Cost 


At 6 July 2023
202,230
362,169
564,399


Additions
983
1,900
2,883


Disposals
-
(7,320)
(7,320)



At 5 July 2024

203,213
356,749
559,962



Depreciation


At 6 July 2023
199,859
281,457
481,316


Charge for the year on owned assets
932
23,557
24,489


Disposals
-
(7,320)
(7,320)



At 5 July 2024

200,791
297,694
498,485



Net book value



At 5 July 2024
2,422
59,055
61,477



At 5 July 2023
2,371
80,712
83,083

Page 6

 
FLAMINGO LEISURE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 5 JULY 2024

6.


Debtors

2024
2023
£
£


Other debtors
-
1,821

Prepayments and accrued income
16,272
17,068

16,272
18,889



7.


Creditors: Amounts falling due within one year

2024
2023
£
£

Bank overdrafts
6,328
7,044

Bank loans
9,600
9,600

Trade creditors
23,091
6,936

Other taxation and social security
2,377
1,612

Other creditors
1,239
2,899

Accruals and deferred income
21,349
25,214

63,984
53,305



8.


Creditors: Amounts falling due after more than one year

2024
2023
£
£

Bank loans
8,000
17,600



9.


Commitments under operating leases

At 5 July 2024 the Company had future minimum lease payments due under non-cancellable operating leases for each of the following periods:

2024
2023
£
£


Not later than 1 year
27,000
42,384

Later than 1 year and not later than 5 years
-
27,000

27,000
69,384

 
Page 7