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REGISTERED NUMBER: 01138901 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 October 2024

for

Northumbria Leisure Limited

Northumbria Leisure Limited (Registered number: 01138901)






Contents of the Financial Statements
for the Year Ended 31 October 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Northumbria Leisure Limited

Company Information
for the Year Ended 31 October 2024







DIRECTORS: Mr P Macklam
Mr D Macklam





SECRETARY: Mr P Macklam





REGISTERED OFFICE: High Mickley Farm House
High Mickley
Stocksfield
Northumberland
NE43 7LU





REGISTERED NUMBER: 01138901 (England and Wales)





ACCOUNTANTS: Douglas Shaw Limited
7 Brenkley Way
Blezard Business Park
Seaton Burn
Tyne and Wear
NE13 6DS

Northumbria Leisure Limited (Registered number: 01138901)

Balance Sheet
31 October 2024

31.10.24 31.10.23
Notes £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 789,561 705,745
789,561 705,745

CURRENT ASSETS
Stocks 20,110 25,167
Debtors 6 99,884 128,108
Cash at bank 531,262 459,632
651,256 612,907
CREDITORS
Amounts falling due within one year 7 343,303 315,480
NET CURRENT ASSETS 307,953 297,427
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,097,514

1,003,172

CREDITORS
Amounts falling due after more than
one year

8

(63,333

)

(103,333

)

PROVISIONS FOR LIABILITIES (191,914 ) (170,609 )
NET ASSETS 842,267 729,230

Northumbria Leisure Limited (Registered number: 01138901)

Balance Sheet - continued
31 October 2024

31.10.24 31.10.23
Notes £    £    £   
CAPITAL AND RESERVES
Called up share capital 500 500
Retained earnings 841,767 728,730
842,267 729,230

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 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.

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 9 April 2025 and were signed on its behalf by:





Mr P Macklam - Director


Northumbria Leisure Limited (Registered number: 01138901)

Notes to the Financial Statements
for the Year Ended 31 October 2024

1. STATUTORY INFORMATION

Northumbria Leisure 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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2005, is being amortised evenly over its estimated useful life of five years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Amusement machines - at varying rates
Motor vehicles - 25% on reducing balance
Office equipment - 15% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.


Northumbria Leisure Limited (Registered number: 01138901)

Notes to the Financial Statements - continued
for the Year Ended 31 October 2024

2. ACCOUNTING POLICIES - continued
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.

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 21 (2023 - 19 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 November 2023
and 31 October 2024 133,091
AMORTISATION
At 1 November 2023
and 31 October 2024 133,091
NET BOOK VALUE
At 31 October 2024 -
At 31 October 2023 -

Northumbria Leisure Limited (Registered number: 01138901)

Notes to the Financial Statements - continued
for the Year Ended 31 October 2024

5. TANGIBLE FIXED ASSETS
Amusement Motor Office
machines vehicles equipment Totals
£    £    £    £   
COST
At 1 November 2023 2,523,704 100,925 91,289 2,715,918
Additions 232,594 - 5,156 237,750
Disposals (156,717 ) (16,788 ) - (173,505 )
At 31 October 2024 2,599,581 84,137 96,445 2,780,163
DEPRECIATION
At 1 November 2023 1,890,038 47,488 72,647 2,010,173
Charge for year 130,921 12,648 3,569 147,138
Eliminated on disposal (152,766 ) (13,943 ) - (166,709 )
At 31 October 2024 1,868,193 46,193 76,216 1,990,602
NET BOOK VALUE
At 31 October 2024 731,388 37,944 20,229 789,561
At 31 October 2023 633,666 53,437 18,642 705,745

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.24 31.10.23
£    £   
Trade debtors 14,198 29,482
Other debtors 59,899 47,340
Prepayments 25,787 51,286
99,884 128,108

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.24 31.10.23
£    £   
Bank loans and overdrafts 40,000 40,000
Hire purchase contracts 18,144 -
Trade creditors 73,073 96,099
Tax 63,654 25,938
Social security and other taxes 131,351 128,042
Other creditors and accruals 17,081 25,401
343,303 315,480

Northumbria Leisure Limited (Registered number: 01138901)

Notes to the Financial Statements - continued
for the Year Ended 31 October 2024

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
31.10.24 31.10.23
£    £   
Bank loans - 1-2 years 40,000 40,000
Bank loans - 2-5 years 23,333 63,333
63,333 103,333