Acorah Software Products - Accounts Production 16.2.850 false true true 29 April 2023 30 April 2022 false 30 April 2023 29 April 2024 29 April 2024 03980633 Mr Christopher Henson Mr Phillip Henson Mr Phillip Henson iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 03980633 2023-04-29 03980633 2024-04-29 03980633 2023-04-30 2024-04-29 03980633 frs-core:CurrentFinancialInstruments 2024-04-29 03980633 frs-core:Non-currentFinancialInstruments 2024-04-29 03980633 frs-core:FurnitureFittings 2024-04-29 03980633 frs-core:FurnitureFittings 2023-04-30 2024-04-29 03980633 frs-core:FurnitureFittings 2023-04-29 03980633 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-04-29 03980633 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-04-30 2024-04-29 03980633 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-04-29 03980633 frs-core:MotorVehicles 2024-04-29 03980633 frs-core:MotorVehicles 2023-04-30 2024-04-29 03980633 frs-core:MotorVehicles 2023-04-29 03980633 frs-core:PlantMachinery 2024-04-29 03980633 frs-core:PlantMachinery 2023-04-30 2024-04-29 03980633 frs-core:PlantMachinery 2023-04-29 03980633 frs-core:WithinOneYear 2024-04-29 03980633 frs-core:ShareCapital 2024-04-29 03980633 frs-core:RetainedEarningsAccumulatedLosses 2024-04-29 03980633 frs-bus:PrivateLimitedCompanyLtd 2023-04-30 2024-04-29 03980633 frs-bus:FilletedAccounts 2023-04-30 2024-04-29 03980633 frs-bus:SmallEntities 2023-04-30 2024-04-29 03980633 frs-bus:AuditExempt-NoAccountantsReport 2023-04-30 2024-04-29 03980633 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-30 2024-04-29 03980633 frs-bus:Director1 2023-04-30 2024-04-29 03980633 frs-bus:Director2 2023-04-30 2024-04-29 03980633 frs-bus:CompanySecretary1 2023-04-30 2024-04-29 03980633 frs-countries:EnglandWales 2023-04-30 2024-04-29 03980633 2022-04-29 03980633 2023-04-29 03980633 2022-04-30 2023-04-29 03980633 frs-core:CurrentFinancialInstruments 2023-04-29 03980633 frs-core:Non-currentFinancialInstruments 2023-04-29 03980633 frs-core:WithinOneYear 2023-04-29 03980633 frs-core:ShareCapital 2023-04-29 03980633 frs-core:RetainedEarningsAccumulatedLosses 2023-04-29
Registered number: 03980633
Leisure Time (Derby) Limited
Financial Statements
For The Year Ended 29 April 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 03980633
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 133,770 122,988
133,770 122,988
CURRENT ASSETS
Debtors 5 1,592 958
Cash at bank and in hand 4,296 3,772
5,888 4,730
Creditors: Amounts Falling Due Within One Year 6 (25,117 ) (26,473 )
NET CURRENT ASSETS (LIABILITIES) (19,229 ) (21,743 )
TOTAL ASSETS LESS CURRENT LIABILITIES 114,541 101,245
Creditors: Amounts Falling Due After More Than One Year 7 (225,520 ) (198,816 )
NET LIABILITIES (110,979 ) (97,571 )
CAPITAL AND RESERVES
Called up share capital 9 100 100
Profit and Loss Account (111,079 ) (97,671 )
SHAREHOLDERS' FUNDS (110,979) (97,571)
Page 1
Page 2
For the year ending 29 April 2024 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 directors acknowledge their 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Christopher Henson
Director
29 April 2025
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Leisure Time (Derby) Limited is a private company, limited by shares, incorporated in England & Wales, registered number 03980633 . The registered office is 16 Queen Street, Ilkeston, DE7 5GT.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Going Concern Disclosure
The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.
2.3. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
2.4. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Leasehold No depreciation charged
Plant & Machinery 33% straight line
Motor Vehicles 25% reducing balance
Fixtures & Fittings 25 % straight line
2.5. Leasing and Hire Purchase Contracts
Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to profit and loss account as incurred.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 12 (2023: 12)
12 12
4. Tangible Assets
Land & Property
Leasehold Plant & Machinery Motor Vehicles Fixtures & Fittings Total
£ £ £ £ £
Cost
As at 30 April 2023 85,183 198,258 24,062 35,371 342,874
Additions - 26,391 - - 26,391
As at 29 April 2024 85,183 224,649 24,062 35,371 369,265
...CONTINUED
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Page 4
Depreciation
As at 30 April 2023 5,732 161,873 23,290 28,991 219,886
Provided during the period - 13,408 198 2,003 15,609
As at 29 April 2024 5,732 175,281 23,488 30,994 235,495
Net Book Value
As at 29 April 2024 79,451 49,368 574 4,377 133,770
As at 30 April 2023 79,451 36,385 772 6,380 122,988
5. Debtors
2024 2023
£ £
Due within one year
Prepayments and accrued income 1,592 958
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 7,216 9,332
Trade creditors 5,106 7,234
Bank loans and overdrafts 3,889 3,889
Other taxes and social security 2,093 963
Other creditors 4,959 3,205
Accruals and deferred income 1,854 1,850
25,117 26,473
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 19,769 23,658
Directors loan account 205,751 175,158
225,520 198,816
8. Obligations Under Finance Leases and Hire Purchase
2024 2023
£ £
The future minimum finance lease payments are as follows:
Not later than one year 7,216 9,332
9. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
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