REGISTERED NUMBER: 03620063 (England and Wales)

Unaudited Financial Statements for the Year Ended 30 April 2025

for

Blackgate Leisure Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

A Peel

REGISTERED OFFICE:

26 Parkhill Estate

Coxhoe

Durham

Co. Durham

DH6 4JH

REGISTERED NUMBER:

03620063 (England and Wales)

ACCOUNTANTS:

KING HOPE

31 Victoria Road

Darlington

DL1 5SB

FIXED ASSETS

Tangible assets

4

16,441

19,097

Investment property

5

142,524

142,524

158,965

161,621

CURRENT ASSETS

Stocks

29,200

28,700

Debtors

6

-

87

Cash at bank

619

589

29,819

29,376

CREDITORS

Amounts falling due within one year

7

101,119

96,554

NET CURRENT LIABILITIES

(71,300

)

(67,178

)

TOTAL ASSETS LESS CURRENT LIABILITIES

87,665

94,443

CREDITORS

Amounts falling due after more than one year

8

(39,403

)

(41,361

)

PROVISIONS FOR LIABILITIES

(7,991

)

(8,078

)

NET ASSETS

40,271

45,004

CAPITAL AND RESERVES

Called up share capital

30,000

30,000

Revaluation reserve

9

71,993

71,993

Retained earnings

9

(61,722

)

(56,989

)

40,271

45,004

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 Profit and Loss account has not been delivered.

The financial statements were approved by the director and authorised for issue on 12 December 2025 and were signed by:

A Peel - Director

1.	STATUTORY INFORMATION

Blackgate Leisure 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.

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 as modified by the revaluation of certain assets.

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.

Freehold property

-

2% on cost

Improvements to property

-

3% on reducing balance

Plant and machinery

-

25% on reducing balance

Fixtures and fittings

-

25% on reducing balance

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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 Profit and Loss account, 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 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Improvements

Fixtures

Freehold

to

Plant and

and

property

property

machinery

fittings

Totals

£

£

£

£

£

COST

At 1 May 2024

and 30 April 2025

100,000

9,819

10,681

11,778

132,278

DEPRECIATION

At 1 May 2024

89,314

3,242

8,935

11,690

113,181

Charge for year

2,000

197

437

22

2,656

At 30 April 2025

91,314

3,439

9,372

11,712

115,837

NET BOOK VALUE

At 30 April 2025

8,686

6,380

1,309

66

16,441

At 30 April 2024

10,686

6,577

1,746

88

19,097

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 May 2024

and 30 April 2025

142,524

NET BOOK VALUE

At 30 April 2025

142,524

At 30 April 2024

142,524

Fair value at 30 April 2025 is represented by:

£

Valuation in 2025

142,524

If investment properties had not been revalued they would have been included at the following historical cost:

30.4.25

30.4.24

£

£

Cost

83,425

83,425

Aggregate depreciation

(26,386

)

(24,718

)

Investment properties were valued on an open market basis on 30 April 2025 by the directors. .

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.25

30.4.24

£

£

Other debtors

-

87

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.25

30.4.24

£

£

Bank loans and overdrafts

2,240

2,660

Taxation and social security

62

232

Other creditors

98,817

93,662

101,119

96,554

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30.4.25

30.4.24

£

£

Bank loans

39,403

41,361

9.

RESERVES

Retained

Revaluation

earnings

reserve

Totals

£

£

£

At 1 May 2024

(56,989

)

71,993

15,004

Deficit for the year

(4,733

)

-

(4,733

)

At 30 April 2025

(61,722

)

71,993

10,271