REGISTERED NUMBER: 03648687 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2025

FOR

LA SOURCE SKI & ADVENTURE LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

Mr C Sinton

REGISTERED OFFICE:

Markstone

Browns Lane

Charlbury

Chipping Norton

OX7 3QW

REGISTERED NUMBER:

03648687 (England and Wales)

ACCOUNTANTS:

Bronsens

Chartered Certified Accountants

Hillside

Albion Street

Chipping Norton

Oxfordshire

OX7 5BH

FIXED ASSETS

Tangible assets

4

17,182

21,774

CURRENT ASSETS

Debtors

5

64,359

56,313

Cash at bank

21,172

42,937

85,531

99,250

CREDITORS

Amounts falling due within one year

6

161,283

153,120

NET CURRENT LIABILITIES

(75,752

)

(53,870

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(58,570

)

(32,096

)

CAPITAL AND RESERVES

Called up share capital

7

1

1

Retained earnings

(58,571

)

(32,097

)

SHAREHOLDERS' FUNDS

(58,570

)

(32,096

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 27 November 2025 and were signed by:

Mr C Sinton - Director

1.	STATUTORY INFORMATION

La Source Ski & Adventure 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

The financial statements have been prepared on a going concern basis, on the understanding that the director will continue to support the company for the foreseeable future, in order for it to meet it's financial commitments as they fall due.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

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

Plant and machinery

-

25% on cost

Fixtures and fittings

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

Straight line over 3 years

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 tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2024 - 6 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

Computer

machinery

fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 May 2024

9,798

-

29,032

2,592

41,422

Additions

-

1,134

-

-

1,134

At 30 April 2025

9,798

1,134

29,032

2,592

42,556

DEPRECIATION

At 1 May 2024

9,798

-

7,258

2,592

19,648

Charge for year

-

283

5,443

-

5,726

At 30 April 2025

9,798

283

12,701

2,592

25,374

NET BOOK VALUE

At 30 April 2025

-

851

16,331

-

17,182

At 30 April 2024

-

-

21,774

-

21,774

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.25

30.4.24

£

£

Trade debtors

3,138

3,117

Other debtors

18,016

17,077

Tax

33,994

34,832

Prepayments

9,211

1,287

64,359

56,313

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.25

30.4.24

£

£

Trade creditors

5,661

28,936

Social security and other taxes

-

454

Other creditors

8,893

13,674

Directors' current accounts

141,942

105,333

Accruals and deferred income

4,787

4,723

161,283

153,120

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.4.25

30.4.24

value:

£

£

1

Ordinary

£1

1

1