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REGISTERED NUMBER: 14241339 (England and Wales)














Unaudited Financial Statements

for the Year Ended 31 July 2024

for

SAYERS AMUSEMENTS LIMITED

SAYERS AMUSEMENTS LIMITED (REGISTERED NUMBER: 14241339)






Contents of the Financial Statements
FOR THE YEAR ENDED 31 JULY 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


SAYERS AMUSEMENTS LIMITED

Company Information
FOR THE YEAR ENDED 31 JULY 2024







DIRECTORS: N J Sayers
N G Sayers





REGISTERED OFFICE: Hwyl Y Ffair
Water Street
Margam
Port Talbot
SA13 2PA





REGISTERED NUMBER: 14241339 (England and Wales)





ACCOUNTANTS: Hayvenhursts
Fairway House
Links Business Park
St Mellons
Cardiff
CF3 0LT

SAYERS AMUSEMENTS LIMITED (REGISTERED NUMBER: 14241339)

Balance Sheet
31 JULY 2024

2024 2023
Notes £    £   
FIXED ASSETS
Tangible assets 4 699,689 577,025

CURRENT ASSETS
Debtors 5 58,628 1,716
Cash at bank and in hand 371,735 455,201
430,363 456,917
CREDITORS
Amounts falling due within one year 6 (604,081 ) (702,076 )
NET CURRENT LIABILITIES (173,718 ) (245,159 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

525,971

331,866

CAPITAL AND RESERVES
Called up share capital 7 4 4
Retained earnings 8 525,967 331,862
SHAREHOLDERS' FUNDS 525,971 331,866

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

SAYERS AMUSEMENTS LIMITED (REGISTERED NUMBER: 14241339)

Balance Sheet - continued
31 JULY 2024


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

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 16 April 2025 and were signed on its behalf by:





N G Sayers - Director


SAYERS AMUSEMENTS LIMITED (REGISTERED NUMBER: 14241339)

Notes to the Financial Statements
FOR THE YEAR ENDED 31 JULY 2024

1. STATUTORY INFORMATION

Sayers Amusements Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 15% on reducing balance
Fixtures and fittings - 15% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

SAYERS AMUSEMENTS LIMITED (REGISTERED NUMBER: 14241339)

Notes to the Financial Statements - continued
FOR THE YEAR ENDED 31 JULY 2024

2. ACCOUNTING POLICIES - continued

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 8 (2023 - 7 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Freehold Plant and and Motor
property machinery fittings vehicles Totals
£    £    £    £    £   
COST
At 1 August 2023 70,000 349,502 217,400 - 636,902
Additions - 123,177 68,142 54,535 245,854
Disposals - (29,479 ) - - (29,479 )
At 31 July 2024 70,000 443,200 285,542 54,535 853,277
DEPRECIATION
At 1 August 2023 - 34,767 25,110 - 59,877
Charge for year - 56,023 36,838 4,535 97,396
Eliminated on disposal - (3,685 ) - - (3,685 )
At 31 July 2024 - 87,105 61,948 4,535 153,588
NET BOOK VALUE
At 31 July 2024 70,000 356,095 223,594 50,000 699,689
At 31 July 2023 70,000 314,735 192,290 - 577,025

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 467 1,193
Other debtors 11,786 523
Prepayments 46,375 -
58,628 1,716

SAYERS AMUSEMENTS LIMITED (REGISTERED NUMBER: 14241339)

Notes to the Financial Statements - continued
FOR THE YEAR ENDED 31 JULY 2024

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 6,459 6,160
Tax 67,399 60,252
Social security and other taxes 2,770 6,079
Other creditors 660 -
Related Party 213,530 232,460
Directors' current accounts 305,076 389,825
Accrued expenses 8,187 7,300
604,081 702,076

The directors loan account at 31st July 2024 £305,076 is interest free and payable upon demand.

7. CALLED UP SHARE CAPITAL

Allotted and issued:
Number: Class: Nominal 2024 2023
value: £    £   
4 Share capital 1 1 4 4

8. RESERVES
Retained
earnings
£   

At 1 August 2023 331,862
Profit for the year 294,105
Dividends (100,000 )
At 31 July 2024 525,967

9. ULTIMATE CONTROLLING PARTY

The controlling party is N J Sayers.

The ultimate controlling party is N G Sayers.