REGISTERED NUMBER: 09490453 (England and Wales)

Unaudited Financial Statements for the Year Ended 30 March 2025

for

Paddy Mac Leisure Ltd

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTORS:

R S Cade

L B Higginson

R S Mcclean

REGISTERED OFFICE:

M.01 Tomorrow, Blue

Mediacityuk

Salford

United Kingdom

M50 2AB

REGISTERED NUMBER:

09490453 (England and Wales)

ACCOUNTANTS:

Summit Accountants Limited

M.01 Tomorrow

MediaCityUK

Salford

Greater Manchester

M50 2AB

FIXED ASSETS

Tangible assets

4

39,525

43,490

CURRENT ASSETS

Stocks

15,681

20,857

Debtors

5

5,439

66,441

Prepayments and accrued income

9,687

3,862

Cash at bank and in hand

70,047

72,834

100,854

163,994

CREDITORS

Amounts falling due within one year

6

59,880

68,672

NET CURRENT ASSETS

40,974

95,322

TOTAL ASSETS LESS CURRENT LIABILITIES

80,499

138,812

PROVISIONS FOR LIABILITIES

3,835

4,698

NET ASSETS

76,664

134,114

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

76,564

134,014

76,664

134,114

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 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 17 December 2025 and were signed on its behalf by:

L B Higginson - Director

R S Mcclean - Director

R S Cade - Director

1.	STATUTORY INFORMATION

Paddy Mac 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 statement 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. The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

Turnover

Turnover is recognised when, and to the extent that, the company obtains the right to consideration. The point of recognition is after the service has been performed, when the risk and rewards associated with the goods/services have been transferred or in accordance with contractual terms. Turnover excludes value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Land and buildings

-

2% on cost

Plant and machinery etc

-

25% on reducing balance and 20% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

Going concern

The directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. The company therefore continues to adopt the going concern basis in preparing its financial statements.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 10 (2024 - 13 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 31 March 2024

25,726

71,907

97,633

Additions

-

1,633

1,633

At 30 March 2025

25,726

73,540

99,266

DEPRECIATION

At 31 March 2024

1,029

53,114

54,143

Charge for year

515

5,083

5,598

At 30 March 2025

1,544

58,197

59,741

NET BOOK VALUE

At 30 March 2025

24,182

15,343

39,525

At 30 March 2024

24,697

18,793

43,490

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.3.25

30.3.24

£

£

Trade debtors

240

45,409

Other debtors

5,199

21,032

5,439

66,441

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.3.25

30.3.24

£

£

Trade creditors

15,996

11,528

Amounts owed to associates

-

254

Taxation and social security

26,527

55,729

Other creditors

17,357

1,161

59,880

68,672

7.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

As of 30 March 2025 the following amounts. were due from the company to the directors.

Director 1 = £277

Director 2 = £1,738

Director 3 = £10,277

No formal repayment terms have been agreed.