2024-01-012024-12-312024-12-31false03044504CAPITAL INVESTMENTS LEISURE LIMITED2025-05-22falseiso4217:GBPxbrli:pure030445042024-01-01030445042024-12-31030445042024-01-012024-12-31030445042023-01-01030445042023-12-31030445042023-01-012023-12-3103044504bus:SmallEntities2024-01-012024-12-3103044504bus:AuditExempt-NoAccountantsReport2024-01-012024-12-3103044504bus:FullAccounts2024-01-012024-12-3103044504bus:PrivateLimitedCompanyLtd2024-01-012024-12-3103044504core:WithinOneYear2024-12-3103044504core:AfterOneYear2024-12-3103044504core:WithinOneYear2023-12-3103044504core:AfterOneYear2023-12-3103044504core:ShareCapital2024-12-3103044504core:SharePremium2024-12-3103044504core:RevaluationReserve2024-12-3103044504core:OtherReservesSubtotal2024-12-3103044504core:RetainedEarningsAccumulatedLosses2024-12-3103044504core:ShareCapital2023-12-3103044504core:SharePremium2023-12-3103044504core:RevaluationReserve2023-12-3103044504core:OtherReservesSubtotal2023-12-3103044504core:RetainedEarningsAccumulatedLosses2023-12-3103044504core:LandBuildings2024-12-3103044504core:PlantMachinery2024-12-3103044504core:Vehicles2024-12-3103044504core:FurnitureFittings2024-12-3103044504core:OfficeEquipment2024-12-3103044504core:NetGoodwill2024-12-3103044504core:IntangibleAssetsOtherThanGoodwill2024-12-3103044504core:ListedExchangeTraded2024-12-3103044504core:UnlistedNon-exchangeTraded2024-12-3103044504core:LandBuildings2023-12-3103044504core:PlantMachinery2023-12-3103044504core:Vehicles2023-12-3103044504core:FurnitureFittings2023-12-3103044504core:OfficeEquipment2023-12-3103044504core:NetGoodwill2023-12-3103044504core:IntangibleAssetsOtherThanGoodwill2023-12-3103044504core:ListedExchangeTraded2023-12-3103044504core:UnlistedNon-exchangeTraded2023-12-3103044504core:LandBuildings2024-01-012024-12-3103044504core:PlantMachinery2024-01-012024-12-3103044504core:Vehicles2024-01-012024-12-3103044504core:FurnitureFittings2024-01-012024-12-3103044504core:OfficeEquipment2024-01-012024-12-3103044504core:NetGoodwill2024-01-012024-12-3103044504core:IntangibleAssetsOtherThanGoodwill2024-01-012024-12-3103044504core:ListedExchangeTraded2024-01-012024-12-3103044504core:UnlistedNon-exchangeTraded2024-01-012024-12-3103044504core:MoreThanFiveYears2024-01-012024-12-3103044504core:Non-currentFinancialInstruments2024-12-3103044504core:Non-currentFinancialInstruments2023-12-3103044504dpl:CostSales2024-01-012024-12-3103044504dpl:DistributionCosts2024-01-012024-12-3103044504core:LandBuildings2024-01-012024-12-3103044504core:PlantMachinery2024-01-012024-12-3103044504core:Vehicles2024-01-012024-12-3103044504core:FurnitureFittings2024-01-012024-12-3103044504core:OfficeEquipment2024-01-012024-12-3103044504dpl:AdministrativeExpenses2024-01-012024-12-3103044504core:NetGoodwill2024-01-012024-12-3103044504core:IntangibleAssetsOtherThanGoodwill2024-01-012024-12-3103044504dpl:GroupUndertakings2024-01-012024-12-3103044504dpl:ParticipatingInterests2024-01-012024-12-3103044504dpl:GroupUndertakingscore:ListedExchangeTraded2024-01-012024-12-3103044504core:ListedExchangeTraded2024-01-012024-12-3103044504dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2024-01-012024-12-3103044504core:UnlistedNon-exchangeTraded2024-01-012024-12-3103044504dpl:CostSales2023-01-012023-12-3103044504dpl:DistributionCosts2023-01-012023-12-3103044504core:LandBuildings2023-01-012023-12-3103044504core:PlantMachinery2023-01-012023-12-3103044504core:Vehicles2023-01-012023-12-3103044504core:FurnitureFittings2023-01-012023-12-3103044504core:OfficeEquipment2023-01-012023-12-3103044504dpl:AdministrativeExpenses2023-01-012023-12-3103044504core:NetGoodwill2023-01-012023-12-3103044504core:IntangibleAssetsOtherThanGoodwill2023-01-012023-12-3103044504dpl:GroupUndertakings2023-01-012023-12-3103044504dpl:ParticipatingInterests2023-01-012023-12-3103044504dpl:GroupUndertakingscore:ListedExchangeTraded2023-01-012023-12-3103044504core:ListedExchangeTraded2023-01-012023-12-3103044504dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2023-01-012023-12-3103044504core:UnlistedNon-exchangeTraded2023-01-012023-12-3103044504core:NetGoodwill2024-12-3103044504core:IntangibleAssetsOtherThanGoodwill2024-12-3103044504core:LandBuildings2024-12-3103044504core:PlantMachinery2024-12-3103044504core:Vehicles2024-12-3103044504core:FurnitureFittings2024-12-3103044504core:OfficeEquipment2024-12-3103044504core:AfterOneYear2024-12-3103044504core:WithinOneYear2024-12-3103044504core:ListedExchangeTraded2024-12-3103044504core:UnlistedNon-exchangeTraded2024-12-3103044504core:ShareCapital2024-12-3103044504core:SharePremium2024-12-3103044504core:RevaluationReserve2024-12-3103044504core:OtherReservesSubtotal2024-12-3103044504core:RetainedEarningsAccumulatedLosses2024-12-3103044504core:NetGoodwill2023-12-3103044504core:IntangibleAssetsOtherThanGoodwill2023-12-3103044504core:LandBuildings2023-12-3103044504core:PlantMachinery2023-12-3103044504core:Vehicles2023-12-3103044504core:FurnitureFittings2023-12-3103044504core:OfficeEquipment2023-12-3103044504core:AfterOneYear2023-12-3103044504core:WithinOneYear2023-12-3103044504core:ListedExchangeTraded2023-12-3103044504core:UnlistedNon-exchangeTraded2023-12-3103044504core:ShareCapital2023-12-3103044504core:SharePremium2023-12-3103044504core:RevaluationReserve2023-12-3103044504core:OtherReservesSubtotal2023-12-3103044504core:RetainedEarningsAccumulatedLosses2023-12-3103044504core:NetGoodwill2023-01-0103044504core:IntangibleAssetsOtherThanGoodwill2023-01-0103044504core:LandBuildings2023-01-0103044504core:PlantMachinery2023-01-0103044504core:Vehicles2023-01-0103044504core:FurnitureFittings2023-01-0103044504core:OfficeEquipment2023-01-0103044504core:AfterOneYear2023-01-0103044504core:WithinOneYear2023-01-0103044504core:ListedExchangeTraded2023-01-0103044504core:UnlistedNon-exchangeTraded2023-01-0103044504core:ShareCapital2023-01-0103044504core:SharePremium2023-01-0103044504core:RevaluationReserve2023-01-0103044504core:OtherReservesSubtotal2023-01-0103044504core:RetainedEarningsAccumulatedLosses2023-01-0103044504core:AfterOneYear2024-01-012024-12-3103044504core:WithinOneYear2024-01-012024-12-3103044504core:Non-currentFinancialInstrumentscore:CostValuation2024-01-012024-12-3103044504core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2024-01-012024-12-3103044504core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2024-01-012024-12-3103044504core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2024-01-012024-12-3103044504core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2024-01-012024-12-3103044504core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2024-01-012024-12-3103044504core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2024-01-012024-12-3103044504core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2024-01-012024-12-3103044504core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2024-01-012024-12-3103044504core:Non-currentFinancialInstrumentscore:CostValuation2024-12-3103044504core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2024-12-3103044504core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2024-12-3103044504core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2024-12-3103044504core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2024-12-3103044504core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2024-12-3103044504core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2024-12-3103044504core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2024-12-3103044504core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2024-12-3103044504core:Non-currentFinancialInstrumentscore:CostValuation2023-12-3103044504core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2023-12-3103044504core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2023-12-3103044504core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2023-12-3103044504core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2023-12-3103044504core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2023-12-3103044504core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2023-12-3103044504core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2023-12-3103044504core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2023-12-3103044504bus:Director12024-01-012024-12-3103044504bus:Director22024-01-012024-12-31

CAPITAL INVESTMENTS LEISURE LIMITED

Registered Number
03044504
(England and Wales)

Unaudited Financial Statements for the Year ended
31 December 2024

CAPITAL INVESTMENTS LEISURE LIMITED
Company Information
for the year from 1 January 2024 to 31 December 2024

Directors

Mrs A Benamore
RJ Benamore

Registered Address

12 Edmund Street
Kettering
Northamptonshire
NN16 0HU

Registered Number

03044504 (England and Wales)
CAPITAL INVESTMENTS LEISURE LIMITED
Balance Sheet as at
31 December 2024

Notes

2024

2023

£

£

£

£

Fixed assets
Tangible assets3152,967158,688
152,967158,688
Current assets
Stocks413,9819,209
Debtors514,33111,426
Cash at bank and on hand180,910238,464
209,222259,099
Creditors amounts falling due within one year6(71,173)(67,994)
Net current assets (liabilities)138,049191,105
Total assets less current liabilities291,016349,793
Creditors amounts falling due after one year7(14,676)(24,223)
Provisions for liabilities8(33,454)(34,578)
Net assets242,886290,992
Capital and reserves
Called up share capital100100
Other reserves15,773-
Profit and loss account227,013290,892
Shareholders' funds242,886290,992
The financial statements were approved and authorised for issue by the Board of Directors on 22 May 2025, and are signed on its behalf by:
RJ Benamore
Director
Registered Company No. 03044504
CAPITAL INVESTMENTS LEISURE LIMITED
Notes to the Financial Statements
for the year ended 31 December 2024

1.Accounting policies
Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered office is 12 Edmund Street, Kettering, Northamptonshire, NN16 0HU.
Statement of compliance
The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the financial reporting standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Functional and presentation currency
The financial statements are presented in sterling and this is the functional currency of the company.
Judgements and key sources of estimation uncertainty
In the application of the company's accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying values of assets and liabilities that are not readily apparent from other sources. These critical accounting judgements and estimations are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates. The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised if the revision affects only that period, or in the period of the revision and future periods if the revision affects both current and future periods. The critical judgements made by management that have a significant effect on the amounts recognised in the financial statements are described below.
Turnover policy
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.
Employee benefits
Short-term employee benefits are measured at the undiscounted amount expected to be paid in exchange for the employee's services to the company. Where employees have accrued short-term benefits which the entity has not paid by the balance sheet date, an accrual is recognised within creditors: amounts falling due within one year together with an associated expense in profit or loss. The liabilities are classified as current obligations in the statement of financial position because they are expected to be settled wholly within twelve months after the end of the period.
Current taxation
Current tax is recognised in profit or loss, except for taxes related to revaluations of land and buildings which are recognised in other comprehensive income. Current tax represents the amount of tax payable (receivable) in respect of taxable profit (loss) for the current, or past, reporting periods. Current tax is measured at the amount expected to be paid (recovered) using the tax rates and laws which have been enacted, or substantively enacted, by the balance sheet date. Where payments to HM Revenue and Customs exceed liabilities owed, an asset is recognised to the extent of the amount of tax recoverable.
Deferred tax
Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
Tangible fixed assets and depreciation
All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows except included in the plant and machinery there are solar panels which are depreciated at 5% on reducing balance:

Reducing balance (%)
Land and buildings2
Plant and machinery20
Stocks and work in progress
Stock is valued at the lower of cost and estimated selling price less costs to complete and sell. The cost methodology employed by the entity is the first-in first-out method. Estimated selling price less costs to complete and sell are derived from the selling price which the goods would fetch in an open market transaction with established customers less the costs expected to be incurred to enable the sale to complete. Provision is made for slow-moving and obsolete items of stock. Such provisions are recognised in profit or loss. Work in progress is valued using the percentage of completion method and values are calculated using the lower of cost and estimated selling price less costs to complete and sell. When stocks are sold, the carrying amount of those stocks is recognised as an expense within cost of sales. This takes place in the same period that the associated revenue is recognised.
Trade and other debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Cash and cash equivalents
Cash and cash equivalents comprise cash at bank and on hand, demand deposits with banks and other short-term highly liquid investments with original maturities of three months or less. Bank overdrafts are disclosed separately. For the purpose of the cash flow statement, bank overdrafts form an integral part of the company's cash management and are included as a component of cash and cash equivalents.
Trade and other creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Related parties
For the purposes of these financial statements, a related party could be a person or an entity. Careful consideration is given to the definition of a related party to ensure that all related party relationships, transactions and balances are identified.
2.Average number of employees

20242023
Average number of employees during the year1714
3.Tangible fixed assets

Land & buildings

Plant & machinery

Total

£££
Cost or valuation
At 01 January 24130,558183,673314,231
Additions-775775
At 31 December 24130,558184,448315,006
Depreciation and impairment
At 01 January 2422,724132,819155,543
Charge for year2,1564,3406,496
At 31 December 2424,880137,159162,039
Net book value
At 31 December 24105,67847,289152,967
At 31 December 23107,83450,854158,688
4.Stocks

2024

2023

££
Other stocks13,9819,209
Total13,9819,209
5.Debtors: amounts due within one year

2024

2023

££
Other debtors5,61811,426
Prepayments and accrued income8,713-
Total14,33111,426
6.Creditors: amounts due within one year

2024

2023

££
Trade creditors / trade payables28,35123,513
Bank borrowings and overdrafts9,1338,783
Amounts owed to related parties379262
Taxation and social security22,13927,265
Other creditors5,3845,906
Accrued liabilities and deferred income5,7872,265
Total71,17367,994
7.Creditors: amounts due after one year

2024

2023

££
Bank borrowings and overdrafts14,67624,223
Total14,67624,223
8.Provisions for liabilities

2024

2023

££
Net deferred tax liability (asset)33,45434,578
Total33,45434,578
9.Description of reasons for any change in chosen formats of the financial statments
These financial statements for the year ended 31 December 2024 are the first financial statements of Capital Investment Leisure Limited prepared in accordance with FRS 102 Section 1A, the Financial Reporting Standard applicable in the UK and Republic of Ireland. The date of transition to FRS 102 Section 1A was 1 January 2023. The reported financial position and financial performance for the previous period are not affected by the transition to FRS 102 Section 1A.