REGISTERED NUMBER: 02852780 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2024

for

Cottingham Leisure Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

J Wiles

R J Wiles

Ms J Wiles

SECRETARY:

J Wiles

REGISTERED OFFICE:

Cottingham Parks Golf & Leisure Club

Wood Hill Way

Cottingham

East Yorkshire

HU16 5SW

REGISTERED NUMBER:

02852780 (England and Wales)

ACCOUNTANTS:

Harris Lacey and Swain

Chartered Accountants

Suite 1, The Riverside Building

Livingstone Road

Hessle,

Hull

HU13 0DZ

FIXED ASSETS

Intangible assets

4

275,019

245,187

Tangible assets

5

4,301,335

1,518,186

4,576,354

1,763,373

CURRENT ASSETS

Stocks

78,913

74,462

Debtors

6

309,264

272,363

Cash at bank and in hand

4,370

699,989

392,547

1,046,814

CREDITORS

Amounts falling due within one year

7

3,464,577

1,327,311

NET CURRENT LIABILITIES

(3,072,030

)

(280,497

)

TOTAL ASSETS LESS CURRENT LIABILITIES

1,504,324

1,482,876

CREDITORS

Amounts falling due after more than one year

8

(66,017

)

(147,408

)

PROVISIONS FOR LIABILITIES

(144,410

)

(144,410

)

NET ASSETS

1,293,897

1,191,058

CAPITAL AND RESERVES

Called up share capital

5

5

Retained earnings

1,293,892

1,191,053

1,293,897

1,191,058

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 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 29 September 2025 and were signed on its behalf by:

Ms J Wiles - Director

1.	STATUTORY INFORMATION

Cottingham 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.

Significant judgements and estimates

Estimates and judgements are continually evaluated and are based on historical experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances. Although these estimates are based on the Directors' best knowledge of the amount, events or actions, actual results ultimately differ from these estimates. The Directors do not consider there to be any material estimates and judgements.

Turnover

Revenue is measured at the fair value of the consideration received or receivable and represents the amount receivable for goods supplied or services rendered, net of returns, discounts and rebates allowed by the company and value added taxes.

The company recognises revenue when the significant risks and rewards of ownership have been transferred to the buyer; the company retains no continuing involvement or control over the goods; the amount of revenue can be measured reliably; it is probable that future economic benefits will flow to the entity and when the specific criteria relating to each of the company's sales channels have been met, as described below.

Where the company provides facilities and services to its members, the fees relating are done at a fixed rate and are recognised in the profit and loss at the point they provided.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 0, is being amortised evenly over its estimated useful life of nil years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Development costs are being amortised evenly over their estimated useful life of nil years.

Computer software is being amortised evenly over its estimated useful life of nil years.

Tangible fixed assets

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

Land and buildings

-

over length of lease

Plant and machinery etc

-

20% on cost and 10%and 20% on cost

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.

Financial instruments

The company only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments, including trade and other debtors and creditors are initially recognised at transaction value and subsequently measure at their settlement value.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 56 (2023 - 59 ) .

4.	INTANGIBLE FIXED ASSETS

Other

intangible

Goodwill

assets

Totals

£

£

£

COST

At 1 January 2024

42,047

227,726

269,773

Additions

-

34,600

34,600

At 31 December 2024

42,047

262,326

304,373

AMORTISATION

At 1 January 2024

17,030

7,556

24,586

Charge for year

990

3,778

4,768

At 31 December 2024

18,020

11,334

29,354

NET BOOK VALUE

At 31 December 2024

24,027

250,992

275,019

At 31 December 2023

25,017

220,170

245,187

5.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 January 2024

1,506,168

2,541,863

4,048,031

Additions

2,925,946

(7,010

)

2,918,936

At 31 December 2024

4,432,114

2,534,853

6,966,967

DEPRECIATION

At 1 January 2024

592,946

1,936,899

2,529,845

Charge for year

29,724

106,063

135,787

At 31 December 2024

622,670

2,042,962

2,665,632

NET BOOK VALUE

At 31 December 2024

3,809,444

491,891

4,301,335

At 31 December 2023

913,222

604,964

1,518,186

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade debtors

6,510

7,695

Other debtors

302,754

264,668

309,264

272,363

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Bank loans and overdrafts

2,221,202

-

Hire purchase contracts

19,784

18,402

Trade creditors

158,341

213,212

Taxation and social security

-

11,879

Other creditors

1,065,250

1,083,818

3,464,577

1,327,311

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2024

2023

£

£

Hire purchase contracts

66,017

85,801

Other creditors

-

61,607

66,017

147,408