Caseware UK (AP4) 2023.0.135 2023.0.135 2024-06-302024-06-302023-07-01falseOther service activities not elsewhere classified1317falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 12739543 2023-07-01 2024-06-30 12739543 2022-07-01 2023-06-30 12739543 2024-06-30 12739543 2023-06-30 12739543 c:Director1 2023-07-01 2024-06-30 12739543 d:CurrentFinancialInstruments 2024-06-30 12739543 d:CurrentFinancialInstruments 2023-06-30 12739543 d:CurrentFinancialInstruments d:WithinOneYear 2024-06-30 12739543 d:CurrentFinancialInstruments d:WithinOneYear 2023-06-30 12739543 d:ShareCapital 2024-06-30 12739543 d:ShareCapital 2023-06-30 12739543 d:RetainedEarningsAccumulatedLosses 2024-06-30 12739543 d:RetainedEarningsAccumulatedLosses 2023-06-30 12739543 c:FRS102 2023-07-01 2024-06-30 12739543 c:AuditExemptWithAccountantsReport 2023-07-01 2024-06-30 12739543 c:FullAccounts 2023-07-01 2024-06-30 12739543 c:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 12739543 e:PoundSterling 2023-07-01 2024-06-30 iso4217:GBP xbrli:pure
Registered number: 12739543


LEISURE VENTURE LAND LIMITED
UNAUDITED
FINANCIAL STATEMENTS
INFORMATION FOR FILING WITH THE REGISTRAR
FOR THE YEAR ENDED 30 JUNE 2024

 
LEISURE VENTURE LAND LIMITED
 

CONTENTS



Page
Accountants' report
1
Statement of financial position
2 - 3
Notes to the financial statements
4 - 6


 
LEISURE VENTURE LAND LIMITED
 
 
  
ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF LEISURE VENTURE LAND LIMITED
FOR THE YEAR ENDED 30 JUNE 2024

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Leisure Venture Land Limited for the Year ended 30 June 2024 which comprise the Statement of financial position and the related notes from the Company's accounting records and from information and explanations you have given us.

This report is made solely to the Director of Leisure Venture Land Limited in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the financial statements of Leisure Venture Land Limited and state those matters that we have agreed to state to the Director of Leisure Venture Land Limited in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Leisure Venture Land Limited and its Director for our work or for this report.
It is your duty to ensure that Leisure Venture Land Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position, and profit of Leisure Venture Land Limited. You consider that Leisure Venture Land Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or review of the financial statements of Leisure Venture Land Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

  



Xeinadin London Limited
 
Accountants
  
8th Floor
Becket House
36 Old Jewry
London
EC2R 8DD
16 June 2025
Page 1

 
LEISURE VENTURE LAND LIMITED
REGISTERED NUMBER: 12739543

STATEMENT OF FINANCIAL POSITION
AS AT 30 JUNE 2024

2024
2023
Note
£
£

  

Current assets
  

Debtors: amounts falling due within one year
 4 
102,050
108,687

Cash at bank and in hand
 5 
4,779
8,706

  
106,829
117,393

Creditors: amounts falling due within one year
 6 
(2,648,636)
(1,823,287)

Net current liabilities
  
 
 
(2,541,807)
 
 
(1,705,894)

Total assets less current liabilities
  
(2,541,807)
(1,705,894)

  

Net liabilities
  
(2,541,807)
(1,705,894)


Capital and reserves
  

Called up share capital 
  
2
2

Profit and loss account
  
(2,541,809)
(1,705,896)

  
(2,541,807)
(1,705,894)


The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the Year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

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

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 16 June 2025.




N Morgan
Director

The notes on pages 4 to 6 form part of these financial statements.
Page 2

 
LEISURE VENTURE LAND LIMITED
REGISTERED NUMBER: 12739543
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 30 JUNE 2024


Page 3

 
LEISURE VENTURE LAND LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

1.


General information

Leisure Venture Land Limited is a private company limited by shares incorporated in England and Wales, United Kingdom.  The address of the registered office is Tallington Lakes, Barholm Rd, Tallington, Stamford PE9 4RJ. 
The nature of the Company's operations and principal activities continued to be that of the provision of sports activity services.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgment in applying the Company's accounting policies.

 
2.2

Going concern

The directors have confirmed their financial support will be provided for the foreseeable future as and when required for the business. On this basis, the directors consider it appropriate to prepare the financial statements on a going concern basis.

 
2.3

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

 
2.4

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.5

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.6

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Page 4

 
LEISURE VENTURE LAND LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

2.Accounting policies (continued)

 
2.7

Financial instruments

The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.


3.


Employees

The average monthly number of employees, including directors, during the Year was 13 (2023 - 17).


4.


Debtors

2024
2023
£
£


Amounts owed by group undertakings
102,017
105,070

Other debtors
33
3,617

102,050
108,687



5.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
4,779
8,706

4,779
8,706



6.


Creditors: Amounts falling due within one year

2024
2023
£
£

Trade creditors
-
8,094

Amounts owed to group undertakings
2,466,979
1,633,051

Other taxation and social security
12,542
13,837

Other creditors
19,115
18,305

Accruals and deferred income
150,000
150,000

2,648,636
1,823,287


Page 5

 
LEISURE VENTURE LAND LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

7.


Related party transactions

The Company has taken advantage of the exemption available under FRS 102 section 33.1A where disclosures of transactions between group members are not required, provided that the subsidiary is wholly owned.
As at the year end, the Company were owed £15,346 (2023: £15,346) by Tallington Lakes Land Development Limited, a company under common control.
As at the year end, the Company were owed £86,671 (2023: £Nil) by Tallington Lakes Site Limited, a company under common control.
As at the year end, the company owed £814,615 (2023: £296,453) to Leisure Site Limited,a company under common control.
As at the year end, the Company owed £1,383,588 (2023: £1,298,098) to Venture Lodges Limited, a company under common control.
As at the year end, the Company owed £20,000 (2023: £25,000) to Activities Venture Limited, a company under common control.
As at the year end, the Company owed £43,500 (2023: £13,500) to Great Hadam Estates Limited, a company iin which has common control.
As at the year end, the Company owed £50,276 (2023: £89,724 were owed ) to Ping (Herts) Operations Limited, a company in which K Abbott has common control.
As at the year end, the Company owed £50,000 (2023: £Nil) to Cobra (Cambs) Operations Limited, a company in which K Abbott has common control.
As at the year end, the Company owed £90,000 (2023: £Nil) to Abacus (Kent) Operations Limited, a company in which K Abbotts has common control.
As at the year end, the Company owed £15,000 (2023: £Nil) to Lakeside Clubhouse Limited, a company in which K Abbott has common control.
As at the year end, the Company owed £3,545 to N Morgan, a director in the company.


8.


Controlling party

The company is controlled by Tallington Holdings Limited

 
Page 6