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REGISTERED NUMBER: 01555323 (England and Wales)














Unaudited Financial Statements

for the Year Ended 31 December 2024

for

Cadmans Leisure Centres Limited

Cadmans Leisure Centres Limited (Registered number: 01555323)






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




Page

Balance Sheet 1

Notes to the Financial Statements 2


Cadmans Leisure Centres Limited (Registered number: 01555323)

Balance Sheet
31 December 2024

2024 2023
Notes £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 189,846 216,206
189,846 216,206

CURRENT ASSETS
Debtors 6 27,469 21,442
Cash at bank and in hand 68,214 71,953
95,683 93,395
CREDITORS
Amounts falling due within one year 7 238,713 236,879
NET CURRENT LIABILITIES (143,030 ) (143,484 )
TOTAL ASSETS LESS CURRENT LIABILITIES 46,816 72,722

CREDITORS
Amounts falling due after more than one year 8 (26,431 ) (33,447 )

PROVISIONS FOR LIABILITIES (18,838 ) (13,613 )
NET ASSETS 1,547 25,662

CAPITAL AND RESERVES
Called up share capital 1,002 1,002
Retained earnings 545 24,660
SHAREHOLDERS' FUNDS 1,547 25,662

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 28 May 2025 and were signed on its behalf by:



Mr A J Cadman - Director


Cadmans Leisure Centres Limited (Registered number: 01555323)

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

1. STATUTORY INFORMATION

Cadmans Leisure Centres Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 01555323

Registered office: 78 Church Street
Stoke
Stoke-on-Trent
Staffordshire
ST4 1BS

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Revenue is recognised as the company becomes entitled to consideration for the services supplied.

Goodwill
Goodwill acquired in connection with the a business in an earlier year had been fully amortised before the start of the current accounting period.

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.
Short leasehold - see below
Plant and machinery - 33% on cost
Fixtures and fittings - 15% on reducing balance
Computer equipment - 15% on reducing balance

The short leasehold asset has now been fully depreciated.

Tangible fixed assets are stated at cost less depreciation. Costs represents purchase price together with any incidental costs of acquisition.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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.


Cadmans Leisure Centres Limited (Registered number: 01555323)

Notes to the Financial Statements - continued
for the Year Ended 31 December 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 8 (2023 - 10 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 January 2024
and 31 December 2024 163,499
AMORTISATION
At 1 January 2024
and 31 December 2024 163,499
NET BOOK VALUE
At 31 December 2024 -
At 31 December 2023 -

5. TANGIBLE FIXED ASSETS
Fixtures
Short Plant and and Computer
leasehold machinery fittings equipment Totals
£    £    £    £    £   
COST
At 1 January 2024 10,000 709,567 54,913 115,398 889,878
Additions - 144,674 3,629 - 148,303
Disposals - (56,120 ) - - (56,120 )
At 31 December 2024 10,000 798,121 58,542 115,398 982,061
DEPRECIATION
At 1 January 2024 10,000 520,347 35,762 107,563 673,672
Charge for year - 159,714 3,417 1,178 164,309
Eliminated on disposal - (45,766 ) - - (45,766 )
At 31 December 2024 10,000 634,295 39,179 108,741 792,215
NET BOOK VALUE
At 31 December 2024 - 163,826 19,363 6,657 189,846
At 31 December 2023 - 189,220 19,151 7,835 216,206

Cadmans Leisure Centres Limited (Registered number: 01555323)

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

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 27,469 21,442

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 6,667 9,000
Machine gaming duty 23,386 25,971
Trade creditors 51,574 70,039
Taxation and social security 2,295 3,372
Other creditors 154,791 128,497
238,713 236,879

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Bank loans 26,431 33,447

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 6,431 11,780

9. FINANCIAL COMMITMENTS

The financial commitments, which are not included in the balance sheet amount to £123,000 (2023 : £32,166). These financial commitments represent the total amount of payments for various leases ending in several years between 2025 and 2034.