REGISTERED NUMBER: 11804546 (England and Wales)

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2025

FOR

HGC LEISURE LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs A Simpson

Mr J Simpson

Ms J Simpson

Mr M Simpson

REGISTERED OFFICE:

55 Loudoun Road

St John's Wood

London

NW8 0DL

REGISTERED NUMBER:

11804546 (England and Wales)

ACCOUNTANTS:

MGR SD Limited

Chartered Accountants

55 Loudoun Road

St John's Wood

London

NW8 0DL

FIXED ASSETS

Tangible assets

4

1,304,814

1,329,648

CURRENT ASSETS

Stocks

16,173

13,981

Debtors

5

18,807

22,151

Cash at bank and in hand

742,946

485,912

777,926

522,044

CREDITORS

Amounts falling due within one year

6

(312,969

)

(295,421

)

NET CURRENT ASSETS

464,957

226,623

TOTAL ASSETS LESS CURRENT LIABILITIES

1,769,771

1,556,271

PROVISIONS FOR LIABILITIES

7

(30,039

)

(31,389

)

NET ASSETS

1,739,732

1,524,882

CAPITAL AND RESERVES

Called up share capital

8

100

100

Retained earnings

1,739,632

1,524,782

SHAREHOLDERS' FUNDS

1,739,732

1,524,882

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 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.

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 18 August 2025 and were signed on its behalf by:

Mr J Simpson - Director

1.	STATUTORY INFORMATION

HGC Leisure Limited 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.

Tangible fixed assets

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

Freehold property

-

Straight line over 10 & 20 years

Plant and machinery

-

25% on cost

Fixtures and fittings

-

Straight line over 5 years

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 Income Statement, 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.

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 29 (2024 - 27 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Freehold

Plant and

and

property

machinery

fittings

Totals

£

£

£

£

COST

At 1 May 2024

1,299,036

53,650

511,645

1,864,331

Additions

-

-

42,610

42,610

At 30 April 2025

1,299,036

53,650

554,255

1,906,941

DEPRECIATION

At 1 May 2024

94,944

53,650

386,089

534,683

Charge for year

19,436

-

48,008

67,444

At 30 April 2025

114,380

53,650

434,097

602,127

NET BOOK VALUE

At 30 April 2025

1,184,656

-

120,158

1,304,814

At 30 April 2024

1,204,092

-

125,556

1,329,648

Included in the cost of land and buildings is freehold land of £1,044,651 (2024: £1,044,651) which is not depreciated.

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.25

30.4.24

£

£

Trade debtors

7,449

12,273

Other debtors

11,358

9,878

18,807

22,151

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.25

30.4.24

£

£

Trade creditors

23,875

20,540

Amounts owed to related parties

6,560

-

Taxation and social security

152,780

131,831

Other creditors

129,754

143,050

312,969

295,421

7.	PROVISIONS FOR LIABILITIES

30.4.25

30.4.24

£

£

Deferred tax

30,039

31,389

Deferred

tax

£

Balance at 1 May 2024

31,389

Provided during year

(1,350

)

Balance at 30 April 2025

30,039

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.4.25

30.4.24

value:

£

£

100

Ordinary

£1

100

100

9.	RELATED PARTY DISCLOSURES

Simpson Environmental Services Limited

A company under the control of two of the directors.

During the year under review, Simpson Environmental Services Limited settled costs on behalf of the company amounting to £6,560 (2024: £Nil).

30.4.25

30.4.24

£

£

Amount due to related party at the balance sheet date

6,560

-