REGISTERED NUMBER: 05041268 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

BISLEY LEISURE HIRE LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr D B Ashmead

Mr C D Ashmead

Mrs C R Ashmead

SECRETARY:

Mrs C R Ashmead

REGISTERED OFFICE:

Hillside

Albion Street

Chipping Norton

Oxfordshire

OX7 5BH

BUSINESS ADDRESS:

Honeyway

Stancombe

Stroud

Gloucestershire

GL6 7NF

REGISTERED NUMBER:

05041268 (England and Wales)

ACCOUNTANTS:

Bronsens

Chartered Certified Accountants

Hillside

Albion Street

Chipping Norton

Oxfordshire

OX7 5BH

FIXED ASSETS

Tangible assets

4

1,740,166

1,798,661

CURRENT ASSETS

Debtors

5

78,897

84,070

Cash at bank and in hand

114,471

12,189

193,368

96,259

CREDITORS

Amounts falling due within one year

6

672,130

711,088

NET CURRENT LIABILITIES

(478,762

)

(614,829

)

TOTAL ASSETS LESS CURRENT LIABILITIES

1,261,404

1,183,832

CREDITORS

Amounts falling due after more than one year

7

(157,147

)

(270,839

)

PROVISIONS FOR LIABILITIES

(269,980

)

(200,960

)

NET ASSETS

834,277

712,033

CAPITAL AND RESERVES

Called up share capital

9

1,000

1,000

Retained earnings

833,277

711,033

SHAREHOLDERS' FUNDS

834,277

712,033

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 23 December 2025 and were signed on its behalf by:

Mrs C R Ashmead - Director

1.	STATUTORY INFORMATION

Bisley Leisure Hire 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.

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

-

Straight line over 10 years

Convenience units

-

Straight line over 10 years

Motor vehicles

-

Straight line over 10 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.

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 14 (2024 - 17 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Convenience

Motor

machinery

units

vehicles

Totals

£

£

£

£

COST

At 1 April 2024

2,575,642

299,392

235,911

3,110,945

Additions

250,650

12,954

-

263,604

Disposals

(5,500

)

-

(16,808

)

(22,308

)

At 31 March 2025

2,820,792

312,346

219,103

3,352,241

DEPRECIATION

At 1 April 2024

1,094,333

143,338

74,613

1,312,284

Charge for year

276,624

21,473

21,911

320,008

Eliminated on disposal

(4,706

)

-

(15,511

)

(20,217

)

At 31 March 2025

1,366,251

164,811

81,013

1,612,075

NET BOOK VALUE

At 31 March 2025

1,454,541

147,535

138,090

1,740,166

At 31 March 2024

1,481,309

156,054

161,298

1,798,661

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

70,846

65,710

Staff loan

250

2,450

Directors' current accounts

7,801

-

VAT

-

15,910

78,897

84,070

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans and overdrafts

75,901

75,737

Hire purchase contracts (see note 8)

30,022

40,257

Trade creditors

533,796

539,109

Social security and other taxes

6,089

5,858

VAT

6,270

-

Other creditors

10,504

2,212

Directors' current accounts

359

41,050

Accruals and deferred income

9,189

6,865

672,130

711,088

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans - 1-2 years

42,568

76,477

Bank loans - 2-5 years

69,059

110,776

Bank loans more 5 yr by instal

-

43

Hire purchase contracts (see note 8)

18,020

48,043

Other loans

27,500

35,500

157,147

270,839

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

-

43

8.	LEASING AGREEMENTS

Minimum lease payments under hire purchase fall due as follows:

31.3.25

31.3.24

£

£

Net obligations repayable:

Within one year

30,022

40,257

Between one and five years

18,020

48,043

48,042

88,300

Total future lease commitments payable under non-cancellable operating leases amount to £19,200 (2024 : £19,200).

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.25

31.3.24

value:

£

£

250

Ordinary A

£1

250

250

500

Ordinary B

£1

500

500

250

Ordinary C

£1

250

250

1,000

1,000

10.	RELATED PARTY DISCLOSURES

Honeyway Construction Limited invoiced Bisley Leisure Hire Limited £nil (2024 : £4,987) for services supplied in the year. There was an amount outstanding at the year end of £nil (2024 : £4,987). Mr D B Ashmead is a director and shareholder of Honeyway Construction Limited.