Leisureland UK Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 11977834

Leisureland UK Limited

Unaudited financial statements

For the year ended

31 March 2025

Leisureland UK Limited

Statement of financial position

31 March 2025

	2025		2024
Note	£	£	£	£

Fixed assets

Investments	5		3,184,446		3,184,446

Current assets

Debtors	6	1,983,152	2,144,419
Cash at bank and in hand		1,330	6,405
		-----------	-----------
		1,984,482	2,150,824

Creditors: Amounts falling due within one year	7	( 3,038,691)		( 2,915,396)
		-----------		-----------
Net current liabilities			( 1,054,209)		( 764,572)
			-----------		-----------
Total assets less current liabilities			2,130,237		2,419,874

Creditors: Amounts falling due after more than one year	8	( 2,847,696)	( 2,959,304)
		-----------	-----------
Net liabilities		( 717,459)	( 539,430)
		-----------	-----------

Capital and reserves

Called up share capital	9	100	100
Profit and loss account		( 717,559)	( 539,530)
		---------	---------
Shareholders deficit		( 717,459)	( 539,430)
		---------	---------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the income statement has not been delivered.

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 were approved by the board of directors and authorised for issue on 17 December 2025 , and are signed on behalf of the board by:

Mr J J Abbott

Director

Company registration number: 11977834

Leisureland UK Limited

Notes to the financial statements

Year ended 31 March 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Bankside 300, Peachman Way, Norwich, NR7 0LB.

2. Statement of compliance

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

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis. The financial statements are prepared in sterling, which is the functional currency of the entity.

Income tax

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. 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.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

Investments

Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses.

4. Employee numbers

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

5. Investments

	Shares in group undertakings
	£
Cost
At 1 April 2024 and 31 March 2025	3,184,446
	-----------
Impairment
At 1 April 2024 and 31 March 2025	–
	-----------

Carrying amount
At 31 March 2025	3,184,446
	-----------
At 31 March 2024	3,184,446
	-----------

The subsidiaries, who are companies registered in England and Wales, are principally engaged in operating amusement and leisure arcades and piers.

6. Debtors

	2025	2024
	£	£
Amounts owed by group and related undertakings	1,947,683	2,102,945
Prepayments and accrued income	35,243	37,098
Other debtors	226	4,376
	-----------	-----------
	1,983,152	2,144,419
	-----------	-----------

7. Creditors: Amounts falling due within one year

	2025	2024
	£	£
Bank loans	41,912	35,392
Trade creditors	–	3,172
Amounts owed to group and related undertakings	2,675,438	2,589,798
Other creditors	321,341	287,034
	-----------	-----------
	3,038,691	2,915,396
	-----------	-----------

Bank loans are secured via a specific first legal charge over certain freehold and leasehold property owned by the subsidiary undertakings, as well as a fixed and floating charge on all property of the company and the 100% owned subsidiary companies.

8. Creditors: Amounts falling due after more than one year

	2025	2024
	£	£
Bank loans	1,517,388	1,564,608
Amounts owed to group and related undertakings	1,330,308	1,394,696
	-----------	-----------
	2,847,696	2,959,304
	-----------	-----------

Included within creditors: amounts falling due after more than one year is an amount of £1,318,964 (2024: £1,393,789) in respect of liabilities payable or repayable by instalments which fall due for payment after more than five years from the reporting date.

Bank loans are secured via a specific first legal charge over certain freehold and leasehold property owned by the subsidiary undertakings, as well as a fixed and floating charge on all property of the company and the 100% owned subsidiary companies.

9. Called up share capital

Issued, called up and fully paid

	2025		2024
	No.	£	No.	£
Ordinary shares of £ 1 each	100	100	100	100
	----	----	----	----

10. Contingencies

A bank loan of £ 1,123,904 (2024: £nil) included as a liability in the financial statements of a subsidiary company is secured via a fixed and floating charge on all property of this company.