Company registration number 16037396 (England and Wales)
Q LEISURE (HOLDINGS) LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 AUGUST 2025
PAGES FOR FILING WITH REGISTRAR
Q LEISURE (HOLDINGS) LIMITED
CONTENTS
Page
Accountants' report
1
Balance sheet
2
Notes to the financial statements
3 - 6
Q LEISURE (HOLDINGS) LIMITED
CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF Q LEISURE (HOLDINGS) LIMITED FOR THE PERIOD ENDED 31 AUGUST 2025
- 1 -

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Q Leisure (Holdings) Limited for the period ended 31 August 2025 which comprise, the balance sheet and the related notes from the company’s accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at https://www.icaew.com/regulation.

This report is made solely to the b oard of d irectors of Q Leisure (Holdings) Limited, as a body, in accordance with the terms of our engagement letter dated 5 November 2024. Our work has been undertaken solely to prepare for your approval the financial statements of Q Leisure (Holdings) Limited and state those matters that we have agreed to state to the b oard of d irectors of Q Leisure (Holdings) Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Q Leisure (Holdings) Limited and its b oard of d irectors as a body, for our work or for this report.

It is your duty to ensure that Q Leisure (Holdings) 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 profit of Q Leisure (Holdings) Limited. You consider that Q Leisure (Holdings) Limited is exempt from the statutory audit requirement for the period.

We have not been instructed to carry out an audit or a review of the financial statements of Q Leisure (Holdings) Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory f inancial statements.

Carpenter Box
13 February 2026
Chartered Accountants
Amelia House
Crescent Road
Worthing
West Sussex
BN11 1RL
Q LEISURE (HOLDINGS) LIMITED
BALANCE SHEET
AS AT
31 AUGUST 2025
31 August 2025
- 2 -
2025
Notes
£
£
Fixed assets
Tangible assets
3
750,000
Investments
4
5,249,900
5,999,900
Current assets
Debtors
5
10,400
Creditors: amounts falling due within one year
6
(744,677)
Net current liabilities
(734,277)
Net assets
5,265,623
Capital and reserves
Called up share capital
7
5,251,000
Profit and loss reserves
14,623
Total equity
5,265,623

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

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

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

T he members have not required the company to obtain an audit of its financial statements for the period in question in accordance with section 476.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the board of directors and authorised for issue on 13 February 2026 and are signed on its behalf by:
Mr P L Peacock
Director
Company registration number 16037396 (England and Wales)
Q LEISURE (HOLDINGS) LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 AUGUST 2025
- 3 -
1
Accounting policies
Company information

Q Leisure (Holdings) Limited is a private company limited by shares incorporated in England and Wales. The registered office is Amelia House, Crescent Road, Worthing, West Sussex, BN11 1RL.

1.1
Reporting period

These are the first financial statements of the company and therefore represent a period of 10 months from incorporation.

1.2
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary a mounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.3
Going concern

At the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. The directors have considered relevant information, including the company’s principal risks and uncertainties and the impact of subsequent events in making their assessment. true

At the balance sheet date the company is in a net current liabilities position. The company is reliant on the ongoing support of its directors and is meeting its liabilities as they fall due. The financial statements do not include any adjustments that would result in the withdrawal of their support.

Based on these assessments and having regard to the resources available to the entity, the directors have concluded that there is no material uncertainty and that they can continue to adopt the going concern basis in preparing the annual report and financial statements.

1.4
Turnover

Turnover is recognised at the fair value of the rent receivable on a time apportioned basis.

1.5
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Freehold land and buildings
Land not depreciated

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

Q LEISURE (HOLDINGS) LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE PERIOD ENDED 31 AUGUST 2025
1
Accounting policies
(Continued)
- 4 -
1.6
Fixed asset investments

Interests in subsidiaries, associates and jointly controlled entities are initially measured at cost and subsequently measured at cost less any accumulated impairment losses. The investments are assessed for impairment at each reporting date and any impairment losses or reversals of impairment losses are recognised immediately in profit or loss.

A subsidiary is an entity controlled by the company. Control is the power to govern the financial and operating policies of the entity so as to obtain benefits from its activities.

1.7
Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

1.8
Financial instruments

The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost.

Basic financial liabilities

Basic financial liabilities, including creditors, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future paymen ts discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

1.9
Equity instruments

Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

1.10
Taxation

The tax expense represents the sum of the tax currently payable and deferred tax.

Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

Deferred tax

Deferred tax liabilities are generally recognised for all timing differences and 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. Such assets and liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit.

Q LEISURE (HOLDINGS) LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE PERIOD ENDED 31 AUGUST 2025
- 5 -
2
Employees

The average monthly number of persons employed by the company during the period was 0.

3
Tangible fixed assets
Land and buildings
£
Cost
At 23 October 2024
-
0
Additions
750,000
At 31 August 2025
750,000
Depreciation and impairment
At 23 October 2024 and 31 August 2025
-
0
Carrying amount
At 31 August 2025
750,000
4
Fixed asset investments
2025
£
Shares in group undertakings and participating interests
5,249,900
Movements in fixed asset investments
Shares in subsidiaries
£
Cost or valuation
At 23 October 2024
-
Additions
5,249,900
At 31 August 2025
5,249,900
Carrying amount
At 31 August 2025
5,249,900
5
Debtors
2025
Amounts falling due within one year:
£
Other debtors
10,400
Q LEISURE (HOLDINGS) LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE PERIOD ENDED 31 AUGUST 2025
- 6 -
6
Creditors: amounts falling due within one year
2025
£
Amounts owed to group undertakings
64,026
Taxation and social security
1,319
Other creditors
679,332
744,677
7
Called up share capital
2025
2025
Ordinary share capital
Number
£
Issued and fully paid
Ordinary A shares of £1 each
1,995,000
1,995,000
Ordinary B shares of £1 each
3,255,000
3,255,000
Ordinary C shares of £1 each
850
850
Ordinary D shares of £1 each
150
150
5,251,000
5,251,000

The company was incorporated with 100 Ordinary shares of £1 each.

On 31 March 2025, 5,249,900 Ordinary shares of £1 each were issued, following this on 1 April 2025, 1,995,000 Ordinary shares of £1 each were redesignated to 1,995,000 Ordinary A shares of £1 each and 3,255,000 Ordinary shares of £1 each were redesignated to 3,255,000 Ordinary B shares of £1 each.

Also on 1 April 2025 there was a bonus issue of 850 Ordinary C shares of £1 each and 150 Ordinary D shares of £1 each.

2025-08-31 2024-10-23 false false false 13 February 2026 CCH Software CCH Accounts Production 2025.200 No description of principal activity Mr P Peacock Mrs Y Peacock Ms H Nelson Mr L Peacock 0 16037396 2024-10-23 2025-08-31 16037396 2025-08-31 16037396 core:LandBuildings 2025-08-31 16037396 core:CurrentFinancialInstruments core:WithinOneYear 2025-08-31 16037396 core:CurrentFinancialInstruments 2025-08-31 16037396 core:ShareCapital 2025-08-31 16037396 core:RetainedEarningsAccumulatedLosses 2025-08-31 16037396 core:ShareCapitalOrdinaryShareClass2 2025-08-31 16037396 core:ShareCapitalOrdinaryShareClass3 2025-08-31 16037396 core:ShareCapitalOrdinaryShareClass4 2025-08-31 16037396 core:ShareCapitalOrdinaryShareClass5 2025-08-31 16037396 core:ShareCapitalOrdinaryShares 2025-08-31 16037396 bus:Director1 2024-10-23 2025-08-31 16037396 core:LandBuildings core:OwnedOrFreeholdAssets 2024-10-23 2025-08-31 16037396 core:LandBuildings 2024-10-22 16037396 core:LandBuildings 2024-10-23 2025-08-31 16037396 core:WithinOneYear 2025-08-31 16037396 bus:OrdinaryShareClass2 2024-10-23 2025-08-31 16037396 bus:OrdinaryShareClass3 2024-10-23 2025-08-31 16037396 bus:OrdinaryShareClass4 2024-10-23 2025-08-31 16037396 bus:OrdinaryShareClass5 2024-10-23 2025-08-31 16037396 bus:OrdinaryShareClass2 2025-08-31 16037396 bus:OrdinaryShareClass3 2025-08-31 16037396 bus:OrdinaryShareClass4 2025-08-31 16037396 bus:OrdinaryShareClass5 2025-08-31 16037396 bus:AllOrdinaryShares 2025-08-31 16037396 bus:PrivateLimitedCompanyLtd 2024-10-23 2025-08-31 16037396 bus:SmallCompaniesRegimeForAccounts 2024-10-23 2025-08-31 16037396 bus:FRS102 2024-10-23 2025-08-31 16037396 bus:AuditExemptWithAccountantsReport 2024-10-23 2025-08-31 16037396 bus:Director2 2024-10-23 2025-08-31 16037396 bus:Director3 2024-10-23 2025-08-31 16037396 bus:Director4 2024-10-23 2025-08-31 16037396 bus:FullAccounts 2024-10-23 2025-08-31 xbrli:pure xbrli:shares iso4217:GBP