Registration number: 14576856

Leisure Lodges Ltd

Contents

Balance Sheet	1
Notes to the Unaudited Financial Statements	2 to 7

Leisure Lodges Ltd

(Registration number: 14576856)
Balance Sheet as at 31 January 2025

	Note	2025 £	2024 £
Fixed assets
Intangible assets	4	4,578	4,578
Tangible assets	5	230,493	208,466
Investments	6	-	2
		235,071	213,046
Current assets
Debtors	7	804	6,421
Cash at bank and in hand		3,458	-
		4,262	6,421
Creditors: Amounts falling due within one year	8	(251,469)	(222,197)
Net current liabilities		(247,207)	(215,776)
Net liabilities		(12,136)	(2,730)
Capital and reserves
Called up share capital		2	2
Retained earnings		(12,138)	(2,732)
Shareholders' deficit		(12,136)	(2,730)

For the financial year ending 31 January 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 prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 23 September 2025 and signed on its behalf by:
 

Mr Jason Blinman Director

Leisure Lodges Ltd

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

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The company was formerly known as Lets Manage Group Ltd.

The address of its registered office is:
Freshford House
Redcliffe Way
Bristol
BS1 6NL

These financial statements were authorised for issue by the Board on 23 September 2025.

2	Accounting policies

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 smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

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 financial statements are prepared in sterling, which is the functional and presentational currency of the company, and rounded to the nearest £.

Going concern

At the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements.

Finance income and costs policy

Finance income and expenses are recognised using the effective interest method.

Tangible assets

Tangible assets are stated in the Balance Sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Assets in the course of construction are carried at cost. These assets are not depreciated until they are available for use.

Leisure Lodges Ltd

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

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
Plant & machinery	25% Reducing balance
Land	Not depreciated as residual value is in excess of cost
Assets under construction	To commence when brought into use

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	To commence when brought into use

Investments

Investments in equity shares which are publicly traded or where the fair value can be measured reliably are initially measured at fair value, with changes in fair value recognised in profit or loss. Investments in equity shares which are not publicly traded and where fair value cannot be measured reliably are measured at cost less impairment.


Interest income on debt securities, where applicable, is recognised in income using the effective interest method. Dividends on equity securities are recognised in income when receivable.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Debtors

Trade debtors are amounts due from customers for services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Trade creditors are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Leisure Lodges Ltd

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

Leases

Leases in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operating leases. Payments made under operating leases are charged to profit or loss on a straight-line basis over the period of the lease.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3	Staff numbers

The average number of persons employed by the company (including directors) during the year was 2 (2024 - 2).

4	Intangible assets

	Website  £	Total £
Cost or valuation
At 1 February 2024	4,578	4,578
At 31 January 2025	4,578	4,578
Carrying amount
At 31 January 2025	4,578	4,578
At 31 January 2024	4,578	4,578

Leisure Lodges Ltd

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

5	Tangible assets

	Land £	Assets under construction  £	Plant and machinery £	Total £
Cost or valuation
At 1 February 2024	158,473	48,733	1,375	208,581
Additions	-	19,443	3,025	22,468
At 31 January 2025	158,473	68,176	4,400	231,049
Depreciation
At 1 February 2024	-	-	115	115
Charge for the year	-	-	441	441
At 31 January 2025	-	-	556	556
Carrying amount
At 31 January 2025	158,473	68,176	3,844	230,493
At 31 January 2024	158,473	48,733	1,260	208,466

6	Investments

	2025 £	2024 £
Investments in subsidiaries	-	2