Company No: 13676183 (England and Wales)

Contents

• Balance Sheet
• Notes to the Financial Statements

	Note	2024		2023
		£		£
Fixed assets
Tangible assets	3	0		141
		0		141
Current assets
Debtors	4	5,472		5,870
Cash at bank and in hand		22		4,945
		5,494		10,815
Creditors: amounts falling due within one year	5	( 80,673)		( 82,706)
Net current liabilities		(75,179)		(71,891)
Total assets less current liabilities		(75,179)		(71,750)
Net liabilities		( 75,179)		( 71,750)
Capital and reserves
Called-up share capital	6	1		1
Profit and loss account		( 75,180 )		( 71,751 )
Total shareholder's deficit		( 75,179)		( 71,750)

For the financial 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 member has not required the Company to obtain an audit of its financial statements for the financial year in accordance with section 476;
• The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Profit and Loss Account has not been delivered.

The financial statements of Winslade Manor Leisure Limited (registered number: 13676183) were approved and authorised for issue by the Board of Directors on 22 September 2025. They were signed on its behalf by:

Mr David John Gough Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Winslade Manor Leisure Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Winslade Manor, Manor Drive, Clyst St Mary, Exeter, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Going concern

The directors have assessed the Balance Sheet and likely future cash flows at the date of approving these financial statements. The directors have a reasonable expectation that the Company has adequate resources to continue in operational existence and to meet its financial obligations as they fall due for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

Turnover

Revenue from services is stated net of VAT and trade discounts and is recognised as they are delivered.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line basis over its expected useful life, as follows:

Plant and machinery etc.

4 years straight line

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Basic financial assets
Basic financial assets receivable within one year, such as trade debtors and bank balances, are measured at transaction price less any impairment.

Basic financial assets receivable within more than one year are measured at amortised cost less any impairment.

Basic financial liabilities
Basic financial liabilities that have no stated interest rate and are payable within one year, such as trade creditors, are measured at transaction price.

Other basic financial liabilities are measured at amortised cost.

2. Employees

	2024		2023
	Number		Number
Monthly average number of persons employed by the Company during the year, including directors	0		0

3. Tangible assets

	Plant and machinery etc.		Total
	£		£
Cost
At 01 January 2024	742		742
At 31 December 2024	742		742
Accumulated depreciation
At 01 January 2024	601		601
Charge for the financial year	141		141
At 31 December 2024	742		742
Net book value
At 31 December 2024	0		0
At 31 December 2023	141		141

4. Debtors

	2024		2023
	£		£
Trade debtors	5,200		5,200
VAT recoverable	3		670
Other debtors	269		0
	5,472		5,870

5. Creditors: amounts falling due within one year

	2024		2023
	£		£
Trade creditors	8,080		27,583
Amounts owed to Parent undertakings	70,293		53,423
Accruals	2,300		1,700
	80,673		82,706

6. Called-up share capital

	2024		2023
	£		£
Allotted, called-up and fully-paid
1 Ordinary share of £ 1.00	1		1

7. Related party transactions

Other related party transactions

	2024		2023
	£		£
Amounts owed to Winslade Manor Limited	55,735		53,422
Amounts owed to /(by) Dragonrose Holdings Limited	(269)		54

Winslade Manor Limited owns 100% of the shares in the company. The loan between the two companies attracts no interest and is repayable on demand.

A director in the company is a 50% shareholder in Dragonrose Holdings Limited. During the year, services were provided by Dragonrose Holdings Limited at market value.