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Company Registration No. 06755136 (England and Wales)
LIADZ LEISURE LIMITED Unaudited accounts for the year ended 30 November 2024
LIADZ LEISURE LIMITED Unaudited accounts Contents
Page
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LIADZ LEISURE LIMITED Company Information for the year ended 30 November 2024
Directors
Mrs Karen Dickman Mr John Dickman
Company Number
06755136 (England and Wales)
Registered Office
13-14 Derwent Street Sunderland SR1 3NT England
Accountants
Waite Accountants Limited Hope Street Xchange 1-3 Hind Street Sunderland SR1 3QD
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LIADZ LEISURE LIMITED Statement of financial position as at 30 November 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
118,980 
66,724 
Current assets
Inventories
21,400 
22,320 
Debtors
15,986 
5,231 
Cash at bank and in hand
274,599 
285,841 
311,985 
313,392 
Creditors: amounts falling due within one year
(145,932)
(214,553)
Net current assets
166,053 
98,839 
Total assets less current liabilities
285,033 
165,563 
Creditors: amounts falling due after more than one year
- 
(9,219)
Provisions for liabilities
Deferred tax
(28,704)
(15,187)
Net assets
256,329 
141,157 
Capital and reserves
Called up share capital
50 
50 
Profit and loss account
256,279 
141,107 
Shareholders' funds
256,329 
141,157 
For the year ending 30 November 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 18 July 2025 and were signed on its behalf by
Mrs Karen Dickman Director Company Registration No. 06755136
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LIADZ LEISURE LIMITED Notes to the Accounts for the year ended 30 November 2024
1
Statutory information
LIADZ LEISURE LIMITED is a private company, limited by shares, registered in England and Wales, registration number 06755136. The registered office is 13-14 Derwent Street, Sunderland, SR1 3NT, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% reducing balance
Motor vehicles
25% reducing balance
Fixtures & fittings
25% reducing balance
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
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LIADZ LEISURE LIMITED Notes to the Accounts for the year ended 30 November 2024
4
Tangible fixed assets
Land & buildings 
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Total 
£ 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At cost 
At 1 December 2023
112,636 
425,957 
5,667 
50,426 
594,686 
Additions
36,796 
12,782 
- 
27,188 
76,766 
At 30 November 2024
149,432 
438,739 
5,667 
77,614 
671,452 
Depreciation
At 1 December 2023
112,636 
375,590 
2,156 
37,580 
527,962 
Charge for the year
1,840 
14,700 
878 
7,092 
24,510 
At 30 November 2024
114,476 
390,290 
3,034 
44,672 
552,472 
Net book value
At 30 November 2024
34,956 
48,449 
2,633 
32,942 
118,980 
At 30 November 2023
- 
50,367 
3,511 
12,846 
66,724 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Accrued income and prepayments
14,944 
5,231 
Other debtors
1,042 
- 
15,986 
5,231 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
- 
10,000 
VAT
39,266 
43,991 
Trade creditors
1,106 
25,905 
Taxes and social security
38,090 
20,710 
Other creditors
5,731 
21,622 
Loans from directors
56,945 
87,262 
Accruals
4,794 
5,063 
145,932 
214,553 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
- 
9,219 
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LIADZ LEISURE LIMITED Notes to the Accounts for the year ended 30 November 2024
8
Transactions with related parties
Key management personnel of the entity (in the aggregate) Amount due to related party 2024- £56,945 2023- £87,262 No interest is charged on the above loan.
9
Average number of employees
During the year the average number of employees was 24 (2023: 23).
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