Maximum_Leisure_Rotherham_Limited_31_Mar_2025_companies_house_set_of

Maximum Leisure (Rotherham) Limited

Chartered accountant's report to the board of directors on the preparation of the unaudited statutory financial statements of Maximum Leisure (Rotherham) Limited

Year ended

31 March 2025

In order to assist you to fulfil your duties under the Companies Act 2006, I have prepared for your approval the

financial statements

Maximum Leisure (Rotherham) Limited

for the year ended

31 March 2025

which comprise the income statement, statement of financial position and related notes from the company’s accounting records and from information and explanations you have given me.

As a practising member of the Institute of Chartered Accountants in England and Wales (ICAEW), I am subject to its ethical and other professional requirements which are detailed at icaew.com/regulations.

This report is made solely to the Board of Directors of

Maximum Leisure (Rotherham) Limited

, as a body. My work has been undertaken solely to prepare for your approval the

financial statements

Maximum Leisure (Rotherham) Limited

and state those matters that I have agreed to state to the Board of Directors of

Maximum Leisure (Rotherham) Limited

, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than

Maximum Leisure (Rotherham) Limited

and its Board of Directors, as a body, for my work or for this report.

It is your duty to ensure that

Maximum Leisure (Rotherham) Limited

has kept adequate accounting records and to prepare statutory

financial statements

that give a true and fair view of the assets, liabilities, financial position and loss of

Maximum Leisure (Rotherham) Limited

. You consider that

Maximum Leisure (Rotherham) Limited

is exempt from the statutory audit requirement for the year.

I have not been instructed to carry out an audit or a review of the financial statements of Maximum Leisure (Rotherham) Limited. For this reason, I have not verified the accuracy or completeness of the accounting records or information and explanations you have given to me and I do not, therefore, express any opinion on the statutory financial statements.

Thirlwell & Co Chartered Accountants

4 Church Street

Swinton

Mexborough

South Yorkshire

S64 8QA

United Kingdom

Date:

23 December 2025

Maximum Leisure (Rotherham) Limited

Statement of Financial Position

31 March 2025

		2025		2024
	Note	£		£
Fixed assets
Tangible assets	5	269,828		273,395
Current assets
Debtors	6	2,151		7,002
Cash at bank and in hand		51		1,389
		2,202		8,391
Creditors: amounts falling due within one year	7	(187,379	)	(187,879	)
Net current liabilities		(185,177	)	(179,488	)
Total assets less current liabilities		84,651		93,907
Creditors: amounts falling due after more than one year	8	-		(979	)
Provisions for liabilities		(1,867	)	(2,545	)
Net assets		82,784		90,383
Capital and reserves
Called up share capital		2		2
Other reserves		31,701		31,701
Profit and loss account		51,081		58,680
Shareholders funds		82,784		90,383

For the year ending

31 March 2025

, the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These

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.

These

financial statements

were approved by the board of directors and authorised for issue on

23 December 2025

, and are signed on behalf of the board by:

M Etches

Director

Company registration number:

09210571

Maximum Leisure (Rotherham) Limited

Notes to the Financial Statements

Year ended

31 March 2025

1 General information

The company is a private company limited by shares and is registered in England and Wales. The address of the registered office is

80 Junction Road

Sheffield

S13 7RQ

, .

2 Statement of compliance

These

financial statements

have been prepared in compliance with FRS 102 Section 1A, 'The Financial Reporting Standard applicable to the UK and Republic of Ireland'.

3 Accounting policies

Basis of preparation

The

financial statements

have been prepared on the historical cost basis, as modified by the revaluation of certain assets.

The

financial statements

are prepared in sterling, which is the functional currency of the company.

Other operating income

Other operating income includes rents receivable and is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Going concern

The company is dependent on continued financial support from the director, who has confirmed that they will continue to provide such support for a period of at least twelve months from the date of approval of these financial statements.

On this basis, the directors consider it appropriate to prepare the financial statements on a going concern basis.

Current tax

Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Tangible assets

Tangible assets are initially measured at cost, and are subsequently measured at cost less any accumulated depreciation and accumulated impairment losses or at a revalued amount.

Any tangible assets carried at a revalued amount are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

An increase in the carrying amount of an asset as a result of a revaluation is recognised in other comprehensive income and accumulated in capital and reserves. However, the increase is recognised in profit or loss to the extent that it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in capital and reserves. If a revaluation decrease exceeds the accumulated revaluation gains accumulated in capital and reserves in respect of that asset, the excess is recognised in profit or loss.

Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:

Office equipment	20% straight line
Motor vehicles	25% on reducing balance
Fixtures and fittings	25% on reducing balance

Investment properties

Investment property is measured initially at cost, which includes purchase price and any directly attributable expenditure. Investment property is revalued to its fair value at each reporting date and any changes in fair value are recognised in profit or loss.

Impairment

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.

Finance leases and hire purchase contracts

Assets held under finance leases are recognised in the statement of financial position as assets and liabilities at the lower of the fair value of the assets and the present value of the minimum lease payments, which is determined at the inception of the lease term. Any initial direct costs of the lease are added to the amount recognised as an asset.

Lease payments are apportioned between the finance charges and reduction of the outstanding lease liability using the effective interest method. Finance charges are allocated to each period so as to produce a constant rate of interest on the remaining balance of the liability.

Financial instruments

Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account on other administrative expenses.

Loans and borrowings are initially recognised at the transaction price including transaction costs. Subsequently, they are measured at amortised cost using the effective rate of interest rate method, less impairment.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is more likely than not that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured on an undiscounted basis at the tax rates that would apply in the periods in which timing differences are expected to reverse, based on tax rates and laws enacted at the statement of financial position date.

Provisions for liabilities

Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event; it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense.

Provisions are initially measured at the best estimate of the amount required to settle the obligation at the reporting date and subsequently reviewed at each reporting date and adjusted to reflect the current best estimate of the amount that would be required to settle the obligation. Any adjustments to the amounts previously recognised are recognised in profit or loss unless the provision was originally recognised as part of the cost of an asset. When a provision is measured at the present value of the amount expected to be required to settle the obligation, the unwinding of the discount is recognised in finance costs in profit or loss in the period it arises.

4 Average number of employees

The average number of persons employed by the company during the year was nil (2024: nil).

5 Tangible assets

	Land and buildings	Plant and machinery etc.	Total
	£	£	£
Cost
At 1 April 2024 and 31 March 2025	260,000	36,301	296,301
Depreciation
At 1 April 2024	-	22,906	22,906
Charge	-	3,567	3,567
At 31 March 2025	-	26,473	26,473
Carrying amount
At 31 March 2025	260,000	9,828	269,828
At 31 March 2024	260,000	13,395	273,395

Investment property

Included in land and buildings are the following amounts in relation to investment properties:

	2025
	£
Carrying value at 1 April 2024 and 31 March 2025	260,000

The investment property is held at fair value through profit or loss.

The directors have valued the investment property at a fair value of £260,000 as at 31 March 2025 (2024: £260,000). The valuation is based on market value, having regard to recent comparable property values and rental yields in the local area.

The directors consider that the fair value is not materially different from its original cost, and accordingly no gain or loss has arisen in the profit and loss account for the year.

6 Debtors

	2025	2024
	£	£
Trade debtors	-	6,315
Other debtors	2,151	687
	2,151	7,002

7 Creditors: amounts falling due within one year

	2025	2024
	£	£
Bank loans and overdrafts	979	1,685
Trade creditors	-	104
Taxation and social security	350	919
Other creditors	186,050	185,171
	187,379	187,879

Bank loans are secured by a fixed and floating charge over the assets of the company.

8 Creditors: amounts falling due after more than one year

	2025		2024
	£		£
Bank loans and overdrafts	-		979