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Registered number: 09315958
SHC Leisure Limited
Unaudited Financial Statements
For The Year Ended 31 March 2025
JMC Accountants & Tax Advisers Ltd
76 High Street
Brierley Hill
DY5 3AW
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 09315958
2025 2024
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 - 2,500
Tangible Assets 5 43,969 46,599
43,969 49,099
CURRENT ASSETS
Stocks 102,046 105,514
Debtors 6 37,428 41,946
Cash at bank and in hand 26,134 17,574
165,608 165,034
Creditors: Amounts Falling Due Within One Year 7 (130,090 ) (110,503 )
NET CURRENT ASSETS (LIABILITIES) 35,518 54,531
TOTAL ASSETS LESS CURRENT LIABILITIES 79,487 103,630
Creditors: Amounts Falling Due After More Than One Year 8 (50,467 ) (57,382 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (4,337 ) (3,533 )
NET ASSETS 24,683 42,715
CAPITAL AND RESERVES
Called up share capital 10 4,200 4,200
Profit and Loss Account 20,483 38,515
SHAREHOLDERS' FUNDS 24,683 42,715
Page 1
Page 2
For the 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.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr D Tipping
Director
2nd October 2025
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
SHC Leisure Limited is a private company, limited by shares, incorporated in England & Wales, registered number 09315958 . The registered office is 76 High Street, Brierley Hill, West Midlands, DY5 3AW.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax, and other sales taxes. 
2.3. Intangible Fixed Assets and Amortisation - Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2015, is being amortised evenly over its estimated useful life of ten years.
2.4. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Plant & Machinery 25% on reducing balance
Motor Vehicles 25% on reducing balance
Fixtures & Fittings 25% on reducing balance
2.5. Leasing and Hire Purchase Contracts
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.
The interest element of these obligations is charged to profit and loss over the relevat period. The capital element of the future payments is treated as a liability. 
2.6. Stocks and Work in Progress
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow-moving items. 
2.7. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
Page 3
Page 4
3. Average Number of Employees
Average number of employees, including directors, during the year was: 13 (2024: 14)
13 14
4. Intangible Assets
Goodwill
£
Cost
As at 1 April 2024 25,000
As at 31 March 2025 25,000
Amortisation
As at 1 April 2024 22,500
Provided during the period 2,500
As at 31 March 2025 25,000
Net Book Value
As at 31 March 2025 -
As at 1 April 2024 2,500
5. Tangible Assets
Plant & Machinery Motor Vehicles Fixtures & Fittings Total
£ £ £ £
Cost
As at 1 April 2024 62,003 37,551 8,092 107,646
Additions 11,753 - 279 12,032
As at 31 March 2025 73,756 37,551 8,371 119,678
Depreciation
As at 1 April 2024 45,938 9,388 5,721 61,047
Provided during the period 6,956 7,041 665 14,662
As at 31 March 2025 52,894 16,429 6,386 75,709
Net Book Value
As at 31 March 2025 20,862 21,122 1,985 43,969
As at 1 April 2024 16,065 28,163 2,371 46,599
Included above are assets held under finance leases or hire purchase contracts with a net book value as follows:
2025 2024
£ £
Motor Vehicles 21,122 28,163
Page 4
Page 5
6. Debtors
2025 2024
£ £
Due within one year
Trade debtors 24,064 29,230
Other debtors 13,364 12,716
37,428 41,946
7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts 4,635 4,638
Trade creditors 44,193 38,599
Bank loans and overdrafts 7,173 5,555
Other creditors 10,043 10,605
Taxation and social security 64,046 51,106
130,090 110,503
8. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts 20,577 25,209
Bank loans 29,890 32,173
50,467 57,382
Of the creditors falling due after more than one year the following amounts are due after more than five years.
2025 2024
£ £
Bank loans 1,196 9,951
9. Obligations Under Finance Leases and Hire Purchase
2025 2024
£ £
The future minimum finance lease payments are as follows:
Not later than one year 4,635 4,638
Later than one year and not later than five years 20,577 25,209
25,212 29,847
25,212 29,847
10. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 4,200 4,200
Page 5