Strike Leisure Ltd Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 04923916

Strike Leisure Ltd

Filleted Unaudited Financial Statements

31 December 2024

Strike Leisure Ltd

Statement of Financial Position

31 December 2024

	2024		2023
Note	£	£	£

Fixed assets

Tangible assets	5		4,225,322	4,225,322

Current assets

Debtors	6	13,203	29,079
Cash at bank and in hand		386,109	233,536
		---------	---------
		399,312	262,615

Creditors: amounts falling due within one year	7	741,857		706,950
		---------		---------
Net current liabilities			342,545	444,335
			------------	------------
Total assets less current liabilities			3,882,777	3,780,987

Creditors: amounts falling due after more than one year	8	2,030,000	2,030,000
		------------	------------
Net assets		1,852,777	1,750,987
		------------	------------

Capital and reserves

Called up share capital	100	100
Profit and loss account	1,852,677	1,750,887
	------------	------------
Shareholders funds	1,852,777	1,750,987
	------------	------------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

For the year ending 31 December 2024 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 financial statements for the year in question in accordance with section 476 ;

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

Strike Leisure Ltd

Statement of Financial Position (continued)

31 December 2024

These financial statements were approved by the board of directors and authorised for issue on 11 September 2025 , and are signed on behalf of the board by:

Mr AS Sumal

Director

Company registration number: 04923916

Strike Leisure Ltd

Notes to the Financial Statements

Year ended 31 December 2024

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Unit 2, 32-34 Station Close, Potters Bar, Herts, EN6 1TL.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets measured at fair value through profit or loss.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for services and rentals , stated net of Value Added Tax.

Income tax

The taxation expense represents the aggregate amount of current and deferred tax The tax currently payable is based on taxable profit for the year. Deferred tax liabilities are generally recognised for all timing differences and deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. The carrying amount of deferred tax assets is reviewed at each reporting date and deducted to the full extent that it is no longer probable that sufficient profits will allow it to be recovered. Deferred tax is calculated at the tax rates that are expected to apply in the period when the liability is settled or the asset realised. Deferred tax is charged or credited in the profit and loss account, except when it relates to items charged or credited directly to equity, in which case the deferred tax is is also dealt within equity. Deferred tax assets and liabilities are offset when the company has a legally enforceable right to offset current assets and liabilities and the deferred tax asset and liabilities relate to taxes levied by the same tax authority .

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.

Impairment of fixed assets

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist.

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 2 (2023: 2 ).

5. Tangible assets

	Land and buildings
	£
Cost
At 1 January 2024 and 31 December 2024	4,225,322
	------------
Depreciation
At 1 January 2024 and 31 December 2024	–
	------------
Carrying amount
At 31 December 2024	4,225,322
	------------
At 31 December 2023	4,225,322
	------------

6. Debtors

	2024	2023
	£	£
Trade debtors	13,203	29,079
	--------	--------

7. Creditors: amounts falling due within one year

	2024	2023
	£	£
Amounts owed to group undertakings and undertakings in which the company has a participating interest	667,655	667,656
Corporation tax	33,768	34,192
Social security and other taxes	3,482	5,102
Other creditors	36,952	–
	---------	---------
	741,857	706,950
	---------	---------

8. Creditors: amounts falling due after more than one year

	2024	2023
	£	£
Amounts owed to group undertakings and undertakings in which the company has a participating interest	2,030,000	2,030,000
	------------	------------

9. Related party transactions

The company owes related companies who have common ownership a total of £2,662,135 (2023:£2,662,135).

10. Controlling party

The company is not under the control of any group of shareholders.