Caseware UK (AP4) 2023.0.135 2023.0.135 2024-06-302024-06-302023-07-01falseNo description of principal activity01truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 06705041 2023-07-01 2024-06-30 06705041 2022-07-01 2023-06-30 06705041 2024-06-30 06705041 2023-06-30 06705041 c:Director2 2023-07-01 2024-06-30 06705041 d:CurrentFinancialInstruments 2024-06-30 06705041 d:CurrentFinancialInstruments 2023-06-30 06705041 d:Non-currentFinancialInstruments 2024-06-30 06705041 d:Non-currentFinancialInstruments 2023-06-30 06705041 d:CurrentFinancialInstruments d:WithinOneYear 2024-06-30 06705041 d:CurrentFinancialInstruments d:WithinOneYear 2023-06-30 06705041 d:Non-currentFinancialInstruments d:AfterOneYear 2024-06-30 06705041 d:Non-currentFinancialInstruments d:AfterOneYear 2023-06-30 06705041 d:ShareCapital 2024-06-30 06705041 d:ShareCapital 2023-06-30 06705041 d:RetainedEarningsAccumulatedLosses 2024-06-30 06705041 d:RetainedEarningsAccumulatedLosses 2023-06-30 06705041 c:FRS102 2023-07-01 2024-06-30 06705041 c:AuditExempt-NoAccountantsReport 2023-07-01 2024-06-30 06705041 c:FullAccounts 2023-07-01 2024-06-30 06705041 c:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 06705041 d:Subsidiary1 2023-07-01 2024-06-30 06705041 d:Subsidiary1 1 2023-07-01 2024-06-30 06705041 d:Subsidiary2 2023-07-01 2024-06-30 06705041 d:Subsidiary2 1 2023-07-01 2024-06-30 06705041 d:WithinOneYear 2024-06-30 06705041 d:WithinOneYear 2023-06-30 06705041 d:BetweenOneFiveYears 2024-06-30 06705041 d:BetweenOneFiveYears 2023-06-30 06705041 2 2023-07-01 2024-06-30 06705041 e:PoundSterling 2023-07-01 2024-06-30 iso4217:GBP xbrli:pure
Registered number: 06705041


 

DTD LEISURE LIMITED
 
UNAUDITED
 
FINANCIAL STATEMENTS
 
YEAR ENDED 30 JUNE 2024

 
DTD LEISURE LIMITED
REGISTERED NUMBER: 06705041

BALANCE SHEET
AS AT 30 JUNE 2024

2024
2023
Note
£
£

Fixed assets
  

Investments
 4 
5,098
5,098

  
5,098
5,098

Current assets
  

Debtors
 5 
2,392,449
1,607,170

Cash at bank and in hand
  
155,194
40,290

  
2,547,643
1,647,460

Creditors: amounts falling due within one year
 6 
(82,334)
(580,270)

Net current assets
  
 
 
2,465,309
 
 
1,067,190

Total assets less current liabilities
  
2,470,407
1,072,288

Creditors: amounts falling due after more than one year
 7 
(1,510,677)
(1,357,816)

  

Net assets/(liabilities)
  
959,730
(285,528)


Capital and reserves
  

Called up share capital 
  
10,000
10,000

Profit and loss account
  
949,730
(295,528)

  
959,730
(285,528)


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 profit and loss account 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 14 March 2025.



N S Whiten
Director

The notes on pages 2 to 6 form part of these financial statements.

Page 1

 
DTD LEISURE LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

1.Accounting policies

 
1.1

Basis of preparation of financial statements

DTD Leisure Limited (''the company'') is a limited liability company, limited by shares, incorporated and domiciled in the United Kingdom. The address of its registered office is 15 Beck Street, Nottingham, England, NG1 1EQ.
The financial statements are prepared in Sterling (£), which is the functional currency of the company. The financial statements are for the year ended 30 June 2024 (2023: 18 month period ended 30 June 2023).

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:

 
1.2

Going concern

The company has received confirmation of continuing financial support from the ultimate controlling party, who confirm that they will provide sufficient funds for the company to meet its financial obligations for a period of at least twelve months from the date of these financial statements.

 
1.3

Exemption from preparing consolidated financial statements

The company, and the group headed by it, qualify as small as set out in section 383 of the Companies Act 2006 and the parent and group are considered eligible for the exemption to prepare consolidated accounts.

 
1.4

Operating leases

Rentals paid under operating leases are charged to the profit and loss account on a straight-line basis over the lease term.

 
1.5

Interest income

Interest income is recognised in the profit and loss account using the effective interest method.

  
1.6

Exceptional items

Exceptional items are transactions that fall within the ordinary activities of the company but are presented separately due to their size or incidence.

  
1.7

Investments

Investments in subsidiaries are stated at cost less provision for impairment where necessary to reduce book value to recoverable amount. 

Page 2

 
DTD LEISURE LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

1.Accounting policies (continued)

 
1.8

Financial instruments

The company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities such as trade and other debtors and creditors, and loans to from other third parties.
All financial assets and liabilities are initially measured at transaction price and subsequently measured at amortised cost.
For financial assets measured at cost less impairment, the impairment loss is measured as the difference between an asset's carrying amount and best estimate of the recoverable amount, which is an approximation of the amount that the company would receive for the asset if it were to be sold at the balance sheet date.


2.


Employees




The average monthly number of employees, including directors, during the year was 0 (2023: 1).


3.


Exceptional items

Year ended 30 June 2024
Period ended 30 June 2023
£
£



Write off of amounts due to related parties
1,276,541
-

During the year ended 30 June 2024, £1,276,541 of amounts due to related parties were written off as they were waived by the related party they were originally owed to. This adjustment has increased the profit and loss account and total net assets by £1,276,541 for the current period.


4.


Fixed asset investments





Investments
in subsidiary
 companies

£



Cost


At 1 July 2023 and 30 June 2024
5,098




Page 3

 
DTD LEISURE LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

Subsidiary undertakings


The following were subsidiary undertakings of the company:

Name

Registered office

Class of shares

Holding

Dusk Till Dawn Ltd
Redfield Way Boulevard Retail Park, Lenton, Nottingham, England, NG7 2UW
Ordinary
100%
DTD Live Limited
15 Beck Street, Nottingham, England, NG1 1EQ
Ordinary
100%


5.


Debtors

2024
2023
£
£

Due after more than one year

Amounts owed by group undertakings
2,391,970
1,598,827

2,391,970
1,598,827

Due within one year

Trade debtors
-
6,960

Other debtors
-
856

Prepayments and accrued income
479
414

Other taxation and social security
-
113

2,392,449
1,607,170


Amounts owed by group undertakings are unsecured, interest free and have no fixed date of repayment.


6.


Creditors: Amounts falling due within one year

2024
2023
£
£

Trade creditors
21,961
26,369

Amounts owed to related parties
53,708
108,936

Accruals and deferred income
6,665
444,965

82,334
580,270


Amounts owed to related parties are unsecured, interest free and have no fixed date of repayment.

Page 4

 
DTD LEISURE LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

7.


Creditors: Amounts falling due after more than one year

2024
2023
£
£

Amounts owed to related parties
1,510,677
1,357,816


Amounts owed to related parties are unsecured, interest free and have no fixed date of repayment.


8.


Commitments under operating leases

At 30 June 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
3,535
5,180

Later than 1 year and not later than 5 years
6,490
10,025

10,025
15,205

Page 5

 
DTD LEISURE LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

9.


Related party transactions

During the year ended, the company made a charitable donation of £4,809 (18 month period ended 30 June 2023: £5,038) to a company under common control.
At 30 June 2024, the company was owed £Nil (2023: £856) by and owed £53,608 (2023: £1,354,161) to companies under common control. These amounts are recognised within other debtors and other creditors. The company has taken advantage of the exemption conferred by FRS 102 section 33 'Related Party Disclosures' not to disclose transactions with companies within the group of which it is a member, where these transactions occur between entities which are 100% owned members of that group.
During the prior period, the company transferred £4,913,143 from amounts owed due from companies under common control, to the shareholder's loan account. During the 12 month period ended 30 June 2024, advances of £1,768,390 were made from the shareholder to the company, and the company repaid amounts of £653,178 to the shareholder. At the year end, the company owed £1,197,703 (2023: £82,491) to the shareholder via the shareholder's loan account.
All amounts owed to and by related party balances are interest free, have no fixed repayment date and are unsecured.


10.


Controlling party

The ultimate controlling party is R T Yong.

Page 6