At the balance sheet date, the company had outstanding commitments under non-cancellable operating leases of £131,517 (2024: £153,337). £21,517 of the amount outstanding falls due within one year.

The average number of persons, including directors, employed by the company during the year was as follows:

At the balance sheet date, the company had net liabilities of £206,417 (2024: £197,829). The director has confirmed her intention to provide ongoing financial support to enable the company to continue operating for at least 12 months from the date of approval of these financial statements. Accordingly, the financial statements have been prepared on the going concern basis.

At the balance sheet date, the company held the following balances. Unless otherwise stated, any amounts owed by the company bear no interest and have no fixed repayment terms.

'Creditors: amounts falling due within one year' includes:

• £137,495 (2024: £261,148) owed to the company director.

• £131,354 owed to a former director of the company.

Lockhart Leisure (Ipswich) Ltd is a private company limited by shares incorporated in England and Wales. The registered office is Sunset View, Bedfield, Woodbridge, IP13 7EB.

For the year ended 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The director acknowledges her responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

These financial statements have been prepared in accordance with the micro-entity provisions and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime', and have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The director of the company has elected not to include a copy of the profit and loss account within the financial statements.true