REGISTERED NUMBER: SC213482 (Scotland)

Financial Statements

for the Year Ended 31 March 2025

for

Bathgate Leisure Limited

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTORS:

Mr D G Codona

Mrs C Codona

SECRETARY:

Mrs C Codona

REGISTERED OFFICE:

Radleigh House

1 Golf Road

Clarkston

Glasgow

G76 7HU

REGISTERED NUMBER:

SC213482 (Scotland)

ACCOUNTANTS:

O'Haras Chartered Accountants

Radleigh House

1 Golf Road

Clarkston

Glasgow

G76 7HU

FIXED ASSETS

Intangible assets

3

-

-

Property, plant and equipment

4

41,182

42,410

41,182

42,410

CURRENT ASSETS

Debtors

5

3,707

7,689

Cash at bank and in hand

181,301

167,363

185,008

175,052

CREDITORS

Amounts falling due within one year

6

32,715

23,935

NET CURRENT ASSETS

152,293

151,117

TOTAL ASSETS LESS CURRENT LIABILITIES

193,475

193,527

CREDITORS

Amounts falling due after more than one year

7

(21,997

)

(26,981

)

PROVISIONS FOR LIABILITIES

8

(5,620

)

(5,854

)

NET ASSETS

165,858

160,692

CAPITAL AND RESERVES

Called up share capital

9

100

100

Retained earnings

165,758

160,592

SHAREHOLDERS' FUNDS

165,858

160,692

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 22 October 2025 and were signed on its behalf by:

Mr D G Codona - Director

1.	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.

Going concern

The directors are satisfied that the Company will have access to sufficient funds to ensure that all liabilities will be met as they fall due over a period of at least 12 months from the approval date of these financial statements. Consequently, the directors consider it appropriate to prepare the financial statements on a going concern basis.

Revenue

The company operates gaming machines and therefore revenue is recognised as cash is collected from the machines.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2001, is being amortised evenly over its estimated useful life of twenty 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.

Tangible fixed assets

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

Games machines

-

33% on cost

Plant and machinery

-

15% on reducing balance

Fixtures and fittings

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

Debtors

Short term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

Creditors

Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

2.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2024 - 5 ) .

3.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2024

and 31 March 2025

59,242

AMORTISATION

At 1 April 2024

and 31 March 2025

59,242

NET BOOK VALUE

At 31 March 2025

-

At 31 March 2024

-

4.	PROPERTY, PLANT AND EQUIPMENT

Fixtures

Games

Plant and

and

Motor

machines

machinery

fittings

vehicles

Totals

£

£

£

£

£

COST

At 1 April 2024

241,425

9,888

51,926

14,994

318,233

Additions

36,677

-

449

-

37,126

Disposals

(9,720

)

-

-

-

(9,720

)

At 31 March 2025

268,382

9,888

52,375

14,994

345,639

DEPRECIATION

At 1 April 2024

211,362

7,548

46,070

10,843

275,823

Charge for year

29,774

351

946

1,038

32,109

Eliminated on disposal

(3,475

)

-

-

-

(3,475

)

At 31 March 2025

237,661

7,899

47,016

11,881

304,457

NET BOOK VALUE

At 31 March 2025

30,721

1,989

5,359

3,113

41,182

At 31 March 2024

30,063

2,340

5,856

4,151

42,410

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other debtors

3,707

7,689

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

5,751

5,751

Trade creditors

1,433

512

Taxation and social security

900

-

Other creditors

24,631

17,672

32,715

23,935

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

21,997

26,981

8.	PROVISIONS FOR LIABILITIES

2025

2024

£

£

Deferred tax

5,620

5,854

Deferred

tax

£

Balance at 1 April 2024

5,854

Credit to Income Statement during year

(234

)

Charge for year

Balance at 31 March 2025

5,620

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

100

Ordinary

£1

100

100