REGISTERED NUMBER: 09710119

Financial Statements for the Year Ended 30th September 2025

for

Discount Leisure Products Limited

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTORS:

A R L Banks

Mrs N J Banks

S Willson

REGISTERED OFFICE:

Bentons

Wattisham Road

Bildeston

Suffolk

IP7 7JR

REGISTERED NUMBER:

09710119

ACCOUNTANTS:

Spriggs & Co Limited

Chartered Certified Accountants

300 High Road

Whaplode

Spalding

Lincolnshire

PE12 6TG

FIXED ASSETS

Intangible assets

4

44,100

58,800

Tangible assets

5

18,701

11,979

62,801

70,779

CURRENT ASSETS

Stocks

954,589

761,116

Debtors

6

8,229

9,840

Cash at bank and in hand

175,518

361,581

1,138,336

1,132,537

CREDITORS

Amounts falling due within one year

7

194,234

149,566

NET CURRENT ASSETS

944,102

982,971

TOTAL ASSETS LESS CURRENT LIABILITIES

1,006,903

1,053,750

CREDITORS

Amounts falling due after more than one year

8

(486,490

)

(500,252

)

PROVISIONS FOR LIABILITIES

(3,553

)

(2,276

)

NET ASSETS

516,860

551,222

CAPITAL AND RESERVES

Called up share capital

10

25,000

25,000

Revaluation reserve

11

147,000

147,000

Retained earnings

344,860

379,222

SHAREHOLDERS' FUNDS

516,860

551,222

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30th September 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 1st December 2025 and were signed on its behalf by:

A R L Banks - Director

1.	STATUTORY INFORMATION

Discount Leisure Products Limited is a private company, limited by shares , registered in Not specified/Other. 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.

Turnover

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

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2018, is being amortised evenly over its estimated useful life of ten 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 each asset over its estimated useful life.

Plant and machinery etc

-

20% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 8 (2024 - 8 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1st October 2024

and 30th September 2025

147,000

AMORTISATION

At 1st October 2024

88,200

Charge for year

14,700

At 30th September 2025

102,900

NET BOOK VALUE

At 30th September 2025

44,100

At 30th September 2024

58,800

.

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1st October 2024

26,722

Additions

10,022

At 30th September 2025

36,744

DEPRECIATION

At 1st October 2024

14,743

Charge for year

3,300

At 30th September 2025

18,043

NET BOOK VALUE

At 30th September 2025

18,701

At 30th September 2024

11,979

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.25

30.9.24

£

£

Trade debtors

-

2,203

Other debtors

8,229

7,637

8,229

9,840

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.25

30.9.24

£

£

Trade creditors

37,151

55,109

Taxation and social security

83,263

34,041

Other creditors

73,820

60,416

194,234

149,566

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30.9.25

30.9.24

£

£

Bank loans (see note 9)

30,519

36,529

Other creditors

455,971

463,723

486,490

500,252

9.

LOANS

The company obtained a £50000 loan from National Westminster Bank on 24th August 2020 under BBLS. The loan period is for a maximum 6 years and is both interest and instalment free for the first year.Interest became chargeable from 24th August 2021.

10.	CALLED UP SHARE CAPITAL

The company`s A ordinary voting shares are held entirely by Mr A R L Banks and Mrs N J Banks. The B ordinary non-voting shares are held by Ballingdon Capital Limited, a company owned by Mr A R L Banks and Mrs N J Banks which provides management and other services to the company.

The company`s C ordinary shares are split between Mr A R L Banks (2375) and Mr S Willson (2625) and this class of shares also have no voting rights.

.

11.

RESERVES

Revaluation

reserve

£

At 1st October 2024

and 30th September 2025

147,000