Company Registration No. 00788525 (England and Wales)
AMUSEMENT CATERERS (SHEFFIELD) LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2025
PAGES FOR FILING WITH REGISTRAR
AMUSEMENT CATERERS (SHEFFIELD) LIMITED
CONTENTS
Page
Balance sheet
1 - 2
Notes to the financial statements
3 - 7
AMUSEMENT CATERERS (SHEFFIELD) LIMITED
BALANCE SHEET
AS AT 28 FEBRUARY 2025
28 February 2025
1
2025
2024
Notes
£
£
£
£
Fixed assets
Tangible assets
3
100,254
50,518
Current assets
Debtors
4
9,333
4,951
Cash at bank and in hand
30,865
29,114
40,198
34,065
Creditors: amounts falling due within one year
5
(94,979)
(43,226)
Net current liabilities
(54,781)
(9,161)
Total assets less current liabilities
45,473
41,357
Creditors: amounts falling due after more than one year
6
(19,528)
(13,957)
Provisions for liabilities
(15,855)
(9,598)
Net assets
10,090
17,802
Capital and reserves
Called up share capital
1,000
1,000
Capital redemption reserve
100
100
Profit and loss reserves
8,990
16,702
Total equity
10,090
17,802
AMUSEMENT CATERERS (SHEFFIELD) LIMITED
BALANCE SHEET (CONTINUED)
AS AT 28 FEBRUARY 2025
28 February 2025
2

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

For the financial year ended 28 February 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

T he members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

These financial statements 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 and authorised for issue on 6 October 2025 and are signed on its behalf by:
Mr A R Cater
Director
Company Registration No. 00788525
AMUSEMENT CATERERS (SHEFFIELD) LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2025
3
1
Accounting policies
Company information

Amusement Caterers (Sheffield) Limited is a private company limited by shares incorporated in England and Wales. The registered office is 140 Walkley Lane, Sheffield, S6 2NZ.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary a mounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.2
Turnover

Turnover represents amounts receivable for goods and services net of VAT and trade discounts.

Revenue from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have passed to the buyer (usually on dispatch of the goods), the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the entity and the costs incurred or to be incurred in respect of the transaction can be measured reliably.

1.3
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Buildings freehold
Straight line over 20 years
Plant and machinery
Straight line over 6 years
Fixtures, fittings & equipment
Straight line over 7 years
Computer equipment
Straight line over 3 years
Motor vehicles
Straight line over 5 years

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

1.4
Impairment of fixed assets

At each reporting period end date, the company reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any). Where it is not possible to estimate the recoverable amount of an individual asset, the company estimates the recoverable amount of the cash-generating unit to which the asset belongs.

1.5
Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

AMUSEMENT CATERERS (SHEFFIELD) LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 28 FEBRUARY 2025
1
Accounting policies
(Continued)
4
1.6
Financial instruments

The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Classification of financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Basic financial liabilities

Basic financial liabilities, including creditors, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future paymen ts discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. A m ounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

1.7
Equity instruments

Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

1.8
Derivatives

Derivatives are initially recognised at fair value at the date a derivative contract is entered into and are subsequently remeasured to fair value at each reporting end date. The resulting gain or loss is recognised in profit or loss immediately unless the derivative is designated and effective as a hedging instrument, in which event the timing of the recognition in profit or loss depends on the nature of the hedge relationship.

A derivative with a positive fair value is recognised as a financial asset, whereas a derivative with a negative fair value is recognised as a financial liability.

1.9
Taxation

The tax expense represents the sum of the tax currently payable and deferred tax.

AMUSEMENT CATERERS (SHEFFIELD) LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 28 FEBRUARY 2025
1
Accounting policies
(Continued)
5
Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes 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 reporting end date.

Deferred tax

Deferred tax liabilities are generally recognised for all timing differences and deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Such assets and liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit.

The carrying amount of deferred tax assets is reviewed at each reporting end date 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 is calculated at the tax rates that are expected to apply in the period when the liability is settled or the asset is realised. Deferred tax is charged or credited in the profit and loss account, except when it relates to items charged or credited directly to equity, in which case the deferred tax is also dealt with in equity. Deferred tax assets and liabilities are offset when the company has a legally enforceable right to offset current tax assets and liabilities and the deferred tax assets and liabilities relate to taxes levied by the same tax authority.

1.10
Employee benefits

The costs of short-term employee benefits are recognised as a liability and an expense, unless those costs are required to be recognised as part of the cost of stock or fixed assets.

The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

Termination benefits are recognised immediately as an expense when the company is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

1.11
Retirement benefits

Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

1.12
Leases
As lessee

Leases are classified as finance leases whenever the terms of the lease transfer substantially all the risks and rewards of ownership to the lessees. All other leases are classified as operating leases.

Assets held under finance leases are recognised as assets at the lower of the assets fair value at the date of inception and the present value of the minimum lease payments. The related liability is included in the balance sheet as a finance lease obligation. Lease payments are treated as consisting of capital and interest elements. The interest is charged to profit or loss so as to produce a constant periodic rate of interest on the remaining balance of the liability.

1.13
Foreign exchange

Transactions in currencies other than pounds sterling are recorded at the rates of exchange prevailing at the dates of the transactions. At each reporting end date, monetary assets and liabilities that are denominated in foreign currencies are retranslated at the rates prevailing on the reporting end date. Gains and losses arising on translation in the period are included in profit or loss.

AMUSEMENT CATERERS (SHEFFIELD) LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 28 FEBRUARY 2025
6
2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2025
2024
Number
Number
Total
3
3
3
Tangible fixed assets
Land and buildings
Plant and machinery etc
Total
£
£
£
Cost
At 1 March 2024
18,079
374,302
392,381
Additions
-
0
79,267
79,267
Disposals
-
0
(35,659)
(35,659)
At 28 February 2025
18,079
417,910
435,989
Depreciation and impairment
At 1 March 2024
18,079
323,784
341,863
Depreciation charged in the year
-
0
25,132
25,132
Eliminated in respect of disposals
-
0
(31,260)
(31,260)
At 28 February 2025
18,079
317,656
335,735
Carrying amount
At 28 February 2025
-
0
100,254
100,254
At 29 February 2024
-
0
50,518
50,518
4
Debtors
2025
2024
Amounts falling due within one year:
£
£
Trade debtors
5,700
1,911
Other debtors
3,633
3,040
9,333
4,951
AMUSEMENT CATERERS (SHEFFIELD) LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 28 FEBRUARY 2025
7
5
Creditors: amounts falling due within one year
2025
2024
£
£
Bank loans
10,425
10,170
Trade creditors
28,485
17,656
Corporation tax
-
0
199
Other taxation and social security
6,638
4,923
Other creditors
49,431
10,278
94,979
43,226
6
Creditors: amounts falling due after more than one year
2025
2024
£
£
Other creditors
19,528
13,957
7
Related party transactions

The following amounts were outstanding at the reporting end date, the amounts were interest free and repayable upon demand:

2025
2024
Amounts due to related parties
£
£
Key management personnel
35,125
8,500
2025-02-28 2024-03-01 false false false 06 October 2025 CCH Software CCH Accounts Production 2025.100 No description of principal activity Mr A R Cater Mr D G Cater 00788525 2024-03-01 2025-02-28 00788525 2025-02-28 00788525 2024-02-29 00788525 core:LandBuildings 2025-02-28 00788525 core:OtherPropertyPlantEquipment 2025-02-28 00788525 core:LandBuildings 2024-02-29 00788525 core:OtherPropertyPlantEquipment 2024-02-29 00788525 core:CurrentFinancialInstruments core:WithinOneYear 2025-02-28 00788525 core:CurrentFinancialInstruments core:WithinOneYear 2024-02-29 00788525 core:CurrentFinancialInstruments 2025-02-28 00788525 core:CurrentFinancialInstruments 2024-02-29 00788525 core:Non-currentFinancialInstruments 2025-02-28 00788525 core:Non-currentFinancialInstruments 2024-02-29 00788525 core:ShareCapital 2025-02-28 00788525 core:ShareCapital 2024-02-29 00788525 core:CapitalRedemptionReserve 2025-02-28 00788525 core:CapitalRedemptionReserve 2024-02-29 00788525 core:RetainedEarningsAccumulatedLosses 2025-02-28 00788525 core:RetainedEarningsAccumulatedLosses 2024-02-29 00788525 bus:Director1 2024-03-01 2025-02-28 00788525 core:LandBuildings core:OwnedOrFreeholdAssets 2024-03-01 2025-02-28 00788525 core:PlantMachinery 2024-03-01 2025-02-28 00788525 core:FurnitureFittings 2024-03-01 2025-02-28 00788525 core:ComputerEquipment 2024-03-01 2025-02-28 00788525 core:MotorVehicles 2024-03-01 2025-02-28 00788525 2023-03-01 2024-02-29 00788525 core:LandBuildings 2024-02-29 00788525 core:OtherPropertyPlantEquipment 2024-02-29 00788525 2024-02-29 00788525 core:LandBuildings 2024-03-01 2025-02-28 00788525 core:OtherPropertyPlantEquipment 2024-03-01 2025-02-28 00788525 core:WithinOneYear 2025-02-28 00788525 core:WithinOneYear 2024-02-29 00788525 bus:PrivateLimitedCompanyLtd 2024-03-01 2025-02-28 00788525 bus:SmallCompaniesRegimeForAccounts 2024-03-01 2025-02-28 00788525 bus:FRS102 2024-03-01 2025-02-28 00788525 bus:AuditExemptWithAccountantsReport 2024-03-01 2025-02-28 00788525 bus:Director2 2024-03-01 2025-02-28 00788525 bus:FullAccounts 2024-03-01 2025-02-28 xbrli:pure xbrli:shares iso4217:GBP