REGISTERED NUMBER: 07556702 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

FCM Leisure Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Mrs F Cacace-Mistry

J P Mistry

REGISTERED OFFICE:

9 St George's Yard

Farnham

Surrey

GU9 7LW

REGISTERED NUMBER:

07556702 (England and Wales)

ACCOUNTANTS:

Blackwood Futcher & Co.

Chartered Accountants

9 St George's Yard

Farnham

Surrey

GU9 7LW

FIXED ASSETS

Intangible assets

4

3,850

3,850

Tangible assets

5

416

687

4,266

4,537

CURRENT ASSETS

Debtors

6

335,767

389,711

Cash at bank

19,576

17,595

355,343

407,306

CREDITORS

Amounts falling due within one year

7

269,085

251,733

NET CURRENT ASSETS

86,258

155,573

TOTAL ASSETS LESS CURRENT LIABILITIES

90,524

160,110

PROVISIONS FOR LIABILITIES

79

131

NET ASSETS

90,445

159,979

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

90,345

159,879

SHAREHOLDERS' FUNDS

90,445

159,979

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 F Cacace-Mistry - Director

1.	STATUTORY INFORMATION

FCM 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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable of the company performing arts activities and represents amounts receivable for services rendered, stated net of discounts and of Value Added Tax.

The company recognises revenue when the amount of revenue can be measured reliably, when it is probable that future economic benefits will flow to the entity.

Tangible fixed assets

Tangible fixed assets are carried at cost less accumulated depreciation and accumulated impairment losses.

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over their estimated useful lives as follows:

Computer equipment - 25% on cost

On disposal, the difference between the net disposal proceeds and the carrying amount of the item sold is recognised in profit or loss.

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 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.

Impairment of non-financial assets

At each reporting date non-financial assets not carried at fair value, like goodwill and plant, property and equipment, are reviewed to determine whether there is an indication that an asset may be impaired. If there is an indication of possible impairment, the recoverable amount of any asset or group of related assets, which is the higher of value in use and the fair value less cost to sell, is estimated and compared with its carrying amount. If the recoverable amount is lower, the carrying amount of the asset is reduced to its recoverable amount and an impairment loss is recognised immediately in profit or loss.

If an impairment loss is subsequently reversed, the carrying amount of the asset or group of related assets is increased to the revised estimate of its recoverable amount, but not to exceed the amount that would have been determined had no impairment loss been recognised for the asset or group of related assets in prior periods. A reversal of an impairment loss is recognised immediately in profit or loss.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	INTANGIBLE FIXED ASSETS

Other

intangible

assets

£

COST

At 1 April 2024

and 31 March 2025

6,902

AMORTISATION

At 1 April 2024

and 31 March 2025

3,052

NET BOOK VALUE

At 31 March 2025

3,850

At 31 March 2024

3,850

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2024

and 31 March 2025

10,059

DEPRECIATION

At 1 April 2024

9,372

Charge for year

271

At 31 March 2025

9,643

NET BOOK VALUE

At 31 March 2025

416

At 31 March 2024

687

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Other debtors

335,767

389,711

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade creditors

1,052

1,463

Taxation and social security

677

805

Other creditors

267,356

249,465

269,085

251,733

8.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 March 2025 and 31 March 2024:

31.3.25

31.3.24

£

£

Mrs F Cacace-Mistry

Balance outstanding at start of year

208,068

190,039

Amounts advanced

35,117

67,393

Amounts repaid

(59,614

)

(49,364

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

183,571

208,068

J P Mistry

Balance outstanding at start of year

118,871

100,843

Amounts advanced

35,117

67,392

Amounts repaid

(59,614

)

(49,364

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

94,374

118,871

The maximum amount outstanding during the year and due to the company by the directors was £349,701.

No interest was paid during the year on these balances.

9.	RELATED PARTY DISCLOSURES

Included in creditors at the balance sheet date is an amount of £265,171 (2024 - £247,301) due to Barn Leisure Limited, a company controlled by the directors of this company.