Registration number: 04592955

Deep Blue Leisure Limited

Contents

Balance Sheet	1 to 2
Notes to the Unaudited Financial Statements	3 to 6

Deep Blue Leisure Limited

(Registration number: 04592955)

Balance Sheet as at 31 March 2025

	Note	2025 £	2024 £
Fixed assets
Intangible assets	3	-	362
Tangible assets	4	73,380	12,162
		73,380	12,524
Current assets
Debtors	5	84,531	40,802
Cash at bank and in hand		99,866	124,553
		184,397	165,355
Creditors: Amounts falling due within one year	6	(191,594)	(152,895)
Net current (liabilities)/assets		(7,197)	12,460
Total assets less current liabilities		66,183	24,984
Creditors: Amounts falling due after more than one year	6	(2,500)	(12,500)
Provisions for liabilities		(18,345)	(3,130)
Net assets		45,338	9,354
Capital and reserves
Called up share capital		100	100
Retained earnings		45,238	9,254
Shareholders' funds		45,338	9,354

For the financial year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the Directors' Report and the Profit and Loss Account has been taken.

Deep Blue Leisure Limited

(Registration number: 04592955)

Balance Sheet as at 31 March 2025 (continued)

These financial statements, which have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006 and in accordance with the provisions of FRS 102 Section 1A Small Entities, were approved and authorised for issue by the Board on 8 September 2025 and signed on its behalf by:
 

.........................................

N R Clamp

Director

Deep Blue Leisure Limited

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

1	Accounting policies

Statutory information

Deep Blue Leisure Limited is a private company, limited by shares, domiciled in England and Wales, company number 04592955. The registered office is at Bridge House, Gainsborough Road, Bawtry, Doncaster, DN10 6HT.

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value. The presentation currency is United Kingdom pounds sterling, which is the functional currency of the company. The financial statements are those of an individual entity.

Going concern

After due consideration of all relevant factors, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Accordingly, they continue to adopt the going concern basis in preparing the annual report and accounts.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

Government grants

Grants that do not impose specified future performance-related conditions are recognised in income when the grant proceeds are received or receivable. Grants that impose specified future performance-related conditions are recognised in income only when the performance-related conditions are met. Grants received before the revenue recognition criteria are satisfied are recognised as a liability.

Tax

Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

Deep Blue Leisure Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025 (continued)

1	Accounting policies (continued)

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Fixture and fittings	33% on cost

Amortisation

Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:

Asset class	Amortisation method and rate
Website development	33% on cost

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Where shares are issued, any component that creates a financial liability of the company is presented as a liability in the balance sheet. The corresponding dividends relating to the liability component are charged as interest expense in the statement of income and retained earnings.
 

2	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 4 (2024 - 4).

Deep Blue Leisure Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025 (continued)

3	Intangible assets

	Website development  £	Total £
Cost
At 1 April 2024	40,346	40,346
At 31 March 2025	40,346	40,346
Amortisation
At 1 April 2024	39,984	39,984
Amortisation charge	362	362
At 31 March 2025	40,346	40,346
Carrying amount
At 31 March 2025	-	-
At 31 March 2024	362	362

4	Tangible assets

	Fixtures and fittings £	Motor vehicles  £	Total £
Cost
At 1 April 2024	65,247	-	65,247
Additions	6,000	65,000	71,000
At 31 March 2025	71,247	65,000	136,247
Depreciation
At 1 April 2024	53,085	-	53,085
Charge for the year	9,782	-	9,782
At 31 March 2025	62,867	-	62,867
Carrying amount
At 31 March 2025	8,380	65,000	73,380
At 31 March 2024	12,162	-	12,162

Deep Blue Leisure Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025 (continued)

5

Debtors

	2025 £	2024 £
Trade debtors	81,031	30,880
Prepayments	972	9,922
Other debtors	2,528	-
	84,531	40,802

6

Creditors

Creditors: amounts falling due within one year

	2025 £	2024 £
Due within one year
Bank loans and overdrafts	10,000	10,000
Trade creditors	51,688	31,341
Taxation and social security	12,335	31,579
Accruals and deferred income	3,980	3,965
Other creditors	113,591	76,010
	191,594	152,895

Creditors: amounts falling due after more than one year

	2025 £	2024 £
Due after one year
Loans and borrowings	2,500	12,500