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REGISTERED NUMBER: 10020791 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2025

for

Walthew Leisure Ltd.

Walthew Leisure Ltd. (Registered number: 10020791)






Contents of the Financial Statements
for the Year Ended 31 March 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Walthew Leisure Ltd.

Company Information
for the Year Ended 31 March 2025







DIRECTORS: Mrs E M M Walthew
C B Walthew





REGISTERED OFFICE: Unit 34 Clifton Road Industrial Estate
Clifton Road
Cambridge
CB1 7EB





REGISTERED NUMBER: 10020791 (England and Wales)





ACCOUNTANTS: Xeinadin
Unit D
South Cambs Business Park
Sawston
Cambridge
Cambridgeshire
CB22 3JH

Walthew Leisure Ltd. (Registered number: 10020791)

Balance Sheet
31 March 2025

2025 2024
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 2,500 2,667
Tangible assets 5 502,643 588,563
505,143 591,230

CURRENT ASSETS
Stocks 5,501 6,413
Debtors 6 198,784 139,733
Cash at bank and in hand 181,611 269,559
385,896 415,705
CREDITORS
Amounts falling due within one year 7 613,440 576,830
NET CURRENT LIABILITIES (227,544 ) (161,125 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

277,599

430,105

CREDITORS
Amounts falling due after more than one
year

8

(57,134

)

(170,734

)

PROVISIONS FOR LIABILITIES (112,953 ) (121,682 )
NET ASSETS 107,512 137,689

CAPITAL AND RESERVES
Called up share capital 211 211
Share premium 11,356 11,356
Retained earnings 95,945 126,122
107,512 137,689

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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.

Walthew Leisure Ltd. (Registered number: 10020791)

Balance Sheet - continued
31 March 2025


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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 17 July 2025 and were signed on its behalf by:





Mrs E M M Walthew - Director


Walthew Leisure Ltd. (Registered number: 10020791)

Notes to the Financial Statements
for the Year Ended 31 March 2025

1. STATUTORY INFORMATION

Walthew Leisure Ltd. 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.

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.

Computer software is being amortised evenly over its estimated useful life of nil years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

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 Statement of Income and Retained Earnings, 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.

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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Walthew Leisure Ltd. (Registered number: 10020791)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2025

2. ACCOUNTING POLICIES - continued

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 66 (2024 - 65 ) .

4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST
At 1 April 2024 3,000
Additions 1,200
At 31 March 2025 4,200
AMORTISATION
At 1 April 2024 333
Charge for year 1,367
At 31 March 2025 1,700
NET BOOK VALUE
At 31 March 2025 2,500
At 31 March 2024 2,667

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2024 1,334,208
Additions 27,997
At 31 March 2025 1,362,205
DEPRECIATION
At 1 April 2024 745,645
Charge for year 113,917
At 31 March 2025 859,562
NET BOOK VALUE
At 31 March 2025 502,643
At 31 March 2024 588,563

Walthew Leisure Ltd. (Registered number: 10020791)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2025

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade debtors 2,991 2,114
Other debtors 195,793 137,619
198,784 139,733

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Bank loans and overdrafts 113,600 113,600
Hire purchase contracts 7,140 24,278
Trade creditors 88,811 60,276
Taxation and social security 108,680 77,165
Other creditors 295,209 301,511
613,440 576,830

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2025 2024
£    £   
Bank loans 57,134 170,734