Leisurelabs Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 14419325

		31 March 2025		31 October 2023
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		325		51

			325		51
CURRENT ASSETS
Debtors	5	511,901		210,822
Cash at bank and in hand		12,444		70,642

		524,345		281,464
Creditors: Amounts Falling Due Within One Year	6	(520,313 )		(281,407 )

NET CURRENT ASSETS (LIABILITIES)			4,032		57

TOTAL ASSETS LESS CURRENT LIABILITIES			4,357		108

NET ASSETS			4,357		108

CAPITAL AND RESERVES
Called up share capital	7		200		100
Profit and Loss Account			4,157		8

SHAREHOLDERS' FUNDS			4,357		108

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Leisurelabs Limited

Balance Sheet (continued)

As At 31 March 2025

For the period ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr Alexander Peacock

Director

15 December 2025

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Leisurelabs Limited is a private company, limited by shares, incorporated in England & Wales, the registered number is 14419325 . The registered office is 3rd Floor, 86-90 Paul Street, London, EC2A 4NE.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of value added taxes. Turnover is measured by reviewing the actual services performed against the total services to be provided and is only recognised if it can be estimated reliably.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Fixtures and fittings	20% Straight line
Computer equipment	33% Straight line

2.4. Foreign Currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.

2.5. Taxation

The taxation expense represents the sum of the tax currently payable and deferred tax. Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.

Current tax

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

Deferred tax

Deferred tax has not been recognised as it is not material to the financial statements. The directors will review this annually.

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Leisurelabs Limited

Notes to the Financial Statements (continued)

For the Period 1 November 2023 to 31 March 2025

3. Average Number of Employees

Average number of employees, including directors, during the period was: 4 (2023: 2)

4. Tangible Assets

	Fixtures and fittings	Computer equipment	Total
	£	£	£
Cost
As at 1 November 2023	60	-	60
Additions	-	437	437

As at 31 March 2025	60	437	497

Depreciation
As at 1 November 2023	9	-	9
Provided during the period	17	146	163

As at 31 March 2025	26	146	172

Net Book Value
As at 31 March 2025	34	291	325

As at 1 November 2023	51	-	51

5. Debtors

	31 March 2025	31 October 2023
	£	£
Due within one year
Trade debtors	335,399	67,404
Other debtors	176,502	143,418

	511,901	210,822

6. Creditors: Amounts Falling Due Within One Year

	31 March 2025	31 October 2023
	£	£
Trade creditors	435,315	-
Other creditors	15,143	220,039
Taxation and social security	69,855	61,368

	520,313	281,407

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Leisurelabs Limited

Notes to the Financial Statements (continued)

For the Period 1 November 2023 to 31 March 2025

7. Share Capital

	31 March 2025	31 October 2023
	£	£
Called Up Share Capital not Paid	8	4
Called Up Share Capital has been paid up	192	96

Amount of Allotted, Called Up Share Capital	200	100

8. Related Party Transactions

Avian Digital consulting Ltd

The amount due from a company under common control at the period end was £72,949 (2023: £47,299).

Iroko Investments Ltd

The amount due from a company under common control at the period end was £27,421 (2023: £27,138)

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