LEISURE-NET SOLUTIONS LTD

Registered Number: 04006154 LEISURE-NET SOLUTIONS LTD
Statement of Financial Position
As at 31 March 2025

	Notes	2025 £	2024 £
Fixed assets
Intangible fixed assets	3	25,117	37,673
Tangible fixed assets	4	4,834	5,745
		29,951	43,418
Current assets
Debtors	5	128,189	97,591
Cash at bank and in hand		222,367	187,932
		350,556	285,523
Creditors: amount falling due within one year	6	(189,036)	(145,532)
Net current assets		161,520	139,991

Total assets less current liabilities		191,471	183,409
Provisions for liabilities	7	(919)	-
Net assets		190,552	183,409

Capital and reserves
Called up share capital	8	553	549
Share premium account	9	23,855	23,855
Capital Redemption Reserve	10	(85,178)	(85,178)
Profit and loss account		251,322	244,183
Shareholders' funds		190,552	183,409

For the year ended 31 March 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.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 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 financial statements were approved by the board of directors on 17 September 2025 and were signed on its behalf by:

-------------------------------
Michael David HILL
Director

LEISURE-NET SOLUTIONS LTD
Notes to the Financial Statements
For the year ended 31 March 2025

General Information

LEISURE-NET SOLUTIONS LTD is a private company, limited by shares, registered in , registration number 04006154, registration address 13 THE CLOSE, NORWICH, NR1 4DS.

The presentation currency is £ sterling.

Accounting policies

Significant accounting policies

Statement of compliance

These financial statements have been prepared in compliance with FRS 102 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

Basis of preparation

The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.

The financial statements are prepared in sterling which is the functional currency of the company.

Tangible fixed assets

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Plant and Machinery

33% Reducing Balance

Provisions

Provisions are recognised when the company has a present obligation as a result of a past event which it is more probable than not will result in an outflow of economic benefits that can be reasonably estimated.

2.	Average number of employees Average number of employees during the year was 7 (2024 : 7).

Intangible fixed assets

Cost	Software License	Total
	£	£
At 01 April 2024	149,415	149,415
Additions	-	-
Disposals	-	-
At 31 March 2025	149,415	149,415
Amortisation
At 01 April 2024	111,742	111,742
Charge for year	12,556	12,556
On disposals	-	-
At 31 March 2025	124,298	124,298
Net book values
At 31 March 2025	25,117	25,117
At 31 March 2024	37,673	37,673

Tangible fixed assets

Cost or valuation	Plant and Machinery	Total
	£	£
At 01 April 2024	29,173	29,173
Additions	547	547
Disposals	-	-
At 31 March 2025	29,720	29,720
Depreciation
At 01 April 2024	23,429	23,429
Charge for year	1,457	1,457
On disposals	-	-
At 31 March 2025	24,886	24,886
Net book values
Closing balance as at 31 March 2025	4,834	4,834
Opening balance as at 01 April 2024	5,745	5,745

Debtors: amounts falling due within one year

	2025 £	2024 £
Trade Debtors	73,399	45,084
Prepayments & Accrued Income	29,754	-
Other Debtors	25,036	52,507
	128,189	97,591

Creditors: amount falling due within one year

	2025 £	2024 £
Trade Creditors	81,505	71,382
Corporation Tax	-	1,803
PAYE & Social Security	6,696	8,154
Accrued Expenses	68,849	33,827
Other Creditors	729	-
Wages & Salaries Control Account	464	-
Vat Control Account	30,793	30,366
	189,036	145,532

Provisions for liabilities

	2025 £		2024 £
Deferred Tax	919		-
	919		-

Share Capital

Allotted, called up and fully paid	2025 £	2024 £
549 Class A shares of £1.00 each	549	549
38 Class B shares of £0.10 each	4	-
	553	549

Share premium account

	2025 £		2024 £
Equity Share Premium b/fwd	23,855		23,855
	23,855		23,855

10.

Capital Redemption Reserve

	2025 £		2024 £
Capital Redemption Reserve b/fwd	(85,178)		(85,178)
	(85,178)		(85,178)

Registered Number: 04006154

Unaudited Financial Statements

for the year ended 31 March 2025
for
LEISURE-NET SOLUTIONS LTD