REGISTERED NUMBER: 05034168 (England and Wales)

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

GC Leisure Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

P Martin

Mrs C M Martin

REGISTERED OFFICE:

Sherwood House

41 Queens Road

Farnborough

Hants

GU14 6JP

REGISTERED NUMBER:

05034168 (England and Wales)

ACCOUNTANTS:

Jones & Co

Sherwood House

41 Queens Road

Farnborough

Hants

GU14 6JP

FIXED ASSETS

Tangible assets

4

5,439

3,511

CURRENT ASSETS

Stocks

219,309

163,362

Debtors

5

3,999

4,635

Cash at bank

10,119

4,263

233,427

172,260

CREDITORS

Amounts falling due within one year

6

281,317

261,230

NET CURRENT LIABILITIES

(47,890

)

(88,970

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(42,451

)

(85,459

)

CREDITORS

Amounts falling due after more than one year

7

516,509

421,509

NET LIABILITIES

(558,960

)

(506,968

)

CAPITAL AND RESERVES

Called up share capital

150,000

150,000

Retained earnings

(708,960

)

(656,968

)

SHAREHOLDERS' FUNDS

(558,960

)

(506,968

)

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 December 2025 and were signed on its behalf by:

P Martin - Director

1.	STATUTORY INFORMATION

GC Leisure Ltd 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.

Turnover

Turnover represents invoiced sales of services and goods net of value added tax, recognised as earned on a monthly basis.

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

-

20% on reducing balance

Office equipment

-

20% on reducing balance

Stocks

Stock is valued at the lower of cost or net realisable value after making due allowance for obsolete and slow moving items.

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 - 4 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Office

machinery

equipment

Totals

£

£

£

COST

At 1 April 2024

5,668

9,881

15,549

Additions

1,868

1,420

3,288

At 31 March 2025

7,536

11,301

18,837

DEPRECIATION

At 1 April 2024

2,718

9,320

12,038

Charge for year

963

397

1,360

At 31 March 2025

3,681

9,717

13,398

NET BOOK VALUE

At 31 March 2025

3,855

1,584

5,439

At 31 March 2024

2,950

561

3,511

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Other debtors

3,999

4,635

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade creditors

5,324

8,430

Taxation and social security

6,341

5,054

Other creditors

269,652

247,746

281,317

261,230

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

Other creditors

516,509

421,509

8.	GOING CONCERN

The company's major creditor is a substantial loan from the directors who have confirmed their continuing support for the company without time limit as the company increases its activities.