REGISTERED NUMBER: 01350168 (England and Wales)

Unaudited Financial Statements For The Year Ended 31 March 2025

for

London Leisure Services Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

W R Ruffler

M M V Ruffler

C M Hannah

REGISTERED OFFICE:

64 South Street

Epsom

Surrey

KT18 7PH

REGISTERED NUMBER:

01350168 (England and Wales)

ACCOUNTANTS:

Fuller Spurling

Mill House

58 Guildford Street

Chertsey

Surrey

KT16 9BE

FIXED ASSETS

Tangible assets

4

1,321,946

1,334,574

Investments

5

1

1

Investment property

6

750,000

750,000

2,071,947

2,084,575

CURRENT ASSETS

Stocks

6,485,407

5,671,627

Debtors

7

56,186

46,796

Cash at bank

51,570

514,455

6,593,163

6,232,878

CREDITORS

Amounts falling due within one year

8

5,648,511

5,243,467

NET CURRENT ASSETS

944,652

989,411

TOTAL ASSETS LESS CURRENT LIABILITIES

3,016,599

3,073,986

PROVISIONS FOR LIABILITIES

34,189

34,189

NET ASSETS

2,982,410

3,039,797

CAPITAL AND RESERVES

Called up share capital

50,000

50,000

Retained earnings

2,932,410

2,989,797

SHAREHOLDERS' FUNDS

2,982,410

3,039,797

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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 9 October 2025 and were signed on its behalf by:

W R Ruffler - Director

1.	STATUTORY INFORMATION

London Leisure Services 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 as modified by the revaluation of certain assets.

Tangible fixed assets

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

Freehold property

-

2% on cost

Office equipment

-

25% on cost

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

The properties were revalued at 31st March 2023 and the directors consider the value is still the same as at 31st March 2025.

Stocks

Stock and work in progress are stated at the lower of cost and estimated selling price less costs to complete and sell. Where property is reclassified from fixed assets due to a change of use the original cost price is used.

Taxation

Taxation represents the sum of tax currently payable, and deferred tax if material.

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, where material, is recognised on all 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. 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 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.

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.

Debtors

Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.

Creditors

Creditors, provisions and accrued costs are recognised where the company has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.

Cash at bank and in hand

Cash at bank includes cash and short term highly liquid investments with a short maturity of three months or

less from the date of acquisition or opening of the deposit or similar account.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2024 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Freehold

Office

property

equipment

Totals

£

£

£

COST

At 1 April 2024

and 31 March 2025

1,345,862

10,197

1,356,059

DEPRECIATION

At 1 April 2024

11,917

9,568

21,485

Charge for year

12,000

628

12,628

At 31 March 2025

23,917

10,196

34,113

NET BOOK VALUE

At 31 March 2025

1,321,945

1

1,321,946

At 31 March 2024

1,333,945

629

1,334,574

The freehold property was acquired in 2023. The directors consider that the valuation as at 31st March 2025 was not significantly different.

5.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1 April 2024

and 31 March 2025

1

NET BOOK VALUE

At 31 March 2025

1

At 31 March 2024

1

6.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 April 2024

and 31 March 2025

750,000

NET BOOK VALUE

At 31 March 2025

750,000

At 31 March 2024

750,000

Fair value at 31 March 2025 is represented by:

£

Valuation in 2023

179,941

Cost

570,059

750,000

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

3,705

4,540

Amounts owed by group undertakings

19,363

13,463

Other debtors

2,254

5,414

VAT

2,249

4,494

Prepayments

28,615

18,885

56,186

46,796

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade creditors

422

434

Social security and other taxes

2,132

-

Other creditors

5,621,098

5,214,670

Accrued expenses

24,859

28,363

5,648,511

5,243,467