Registration number: 06397213

G G Leisure Services Limited

Contents

Balance Sheet	1
Notes to the Unaudited Financial Statements	2 to 6

G G Leisure Services Limited

(Registration number: 06397213)
Balance Sheet as at 30 November 2025

	Note	2025 £	2024 £
Fixed assets
Intangible assets	4	2,291	3,541
Tangible assets	5	192,739	199,986
		195,030	203,527
Current assets
Stocks		15,450	28,250
Debtors	6	192,954	144,249
Cash at bank and in hand		952,404	538,782
		1,160,808	711,281
Creditors: Amounts falling due within one year	7	(255,964)	(143,643)
Net current assets		904,844	567,638
Total assets less current liabilities		1,099,874	771,165
Provisions for liabilities		(25,422)	(26,507)
Net assets		1,074,452	744,658
Capital and reserves
Called up share capital		100	100
Retained earnings		1,074,352	744,558
Shareholders' funds		1,074,452	744,658

For the financial year ending 30 November 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 accounts for the year in question in accordance with section 476; and
•	The Directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the Directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 16 April 2026 and signed on its behalf by:
 

......................................... G Gale Director

G G Leisure Services Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 November 2025

1	General information

The Company is a private company limited by share capital, incorporated in England .

The address of its registered office is:
32 The Drive
Waltham
Grimsby
DN37 0FB

These financial statements were authorised for issue by the Board on 16 April 2026.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements cover the individual entity, and have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

The financial statements are presented in sterling which is the functional currency of the company, and rounded to the nearest £1.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the Company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The Company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the Company's activities.

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

G G Leisure Services Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 November 2025

Deferred tax represents the future tax consequences of transactions and events recognised in the financial statements of current and previous periods. It is recognised in respect of all timing differences, with certain exceptions. Timing differences are differences between taxable profits and total comprehensive income as stated in the financial statements that arise from the inclusion of income and expense in tax assessments in periods different from those in which they are recognised in the financial statements. 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.

Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the balance sheet date that are expected to apply to the reversal of timing differences. Deferred tax on revalued non-depreciable tangible fixed assets and investment properties is measured using rates and allowances that apply to the sale of the asset.

Tangible assets

Tangible assets are stated in the statement of financial position at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Freehold property	2% straight line basis
Plant and machinery	20% straight line basis
Fixtures and fittings	10-20% straight line basis
Motor vehicles	25% reducing balance basis
Office equipment	33% straight line basis

Investment property

Investment properties for which fair value can be measured reliably without undue cost or effort are measured at fair value at each reporting date with changes in fair value recognised in profit and loss.

Goodwill

Goodwill arising on the acquisition of an entity represents the excess of the cost of acquisition over the Company’s interest in the net fair value of the identifiable assets, liabilities and contingent liabilities of the entity recognised at the date of acquisition. Goodwill is initially recognised as an asset at cost and is subsequently measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is held in the currency of the acquired entity and revalued to the closing rate at each reporting period date. Goodwill is amortised over its useful life, which shall not exceed ten years if a reliable estimate of the useful life cannot be made.

Amortisation

Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:

Asset class	Amortisation method and rate
Goodwill	Straight line over 20 year life

G G Leisure Services Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 November 2025

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.

The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the Company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3	Staff numbers

The average number of persons employed by the Company (including Directors) during the year, was 13 (2024 - 14).

G G Leisure Services Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 November 2025

4	Intangible assets

	Goodwill  £	Total £
Cost or valuation
At 1 December 2024	25,000	25,000
At 30 November 2025	25,000	25,000
Amortisation
At 1 December 2024	21,459	21,459
Amortisation charge	1,250	1,250
At 30 November 2025	22,709	22,709
Carrying amount
At 30 November 2025	2,291	2,291
At 30 November 2024	3,541	3,541

5	Tangible assets

	Long leasehold land and buildings £	Fixtures and fittings £	Plant and machinery £	Office equipment £	Motor vehicles  £	Total £
Cost or valuation
At 1 December 2024	103,423	56,952	32,462	10,993	99,871	303,701
Additions	-	-	-	5,120	23,939	29,059
Disposals	-	-	-	-	(25,336)	(25,336)
At 30 November 2025	103,423	56,952	32,462	16,113	98,474	307,424
Depreciation
At 1 December 2024	3,249	50,224	21,077	7,213	21,952	103,715
Charge for the year	3,249	1,884	3,103	2,450	14,634	25,320
Eliminated on disposal	-	-	-	-	(14,350)	(14,350)
At 30 November 2025	6,498	52,108	24,180	9,663	22,236	114,685
Carrying amount
At 30 November 2025	96,925	4,844	8,282	6,450	76,238	192,739
At 30 November 2024	100,174	6,728	11,385	3,780	77,919	199,986

Included within the net book value of land and buildings above is £Nil (2024 - £Nil) in respect of freehold land and buildings and £96,925 (2024 - £100,174) in respect of long leasehold land and buildings.
 

G G Leisure Services Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 November 2025

6

Debtors

Current	2025 £	2024 £
Trade debtors	123,803	139,397
Prepayments	5,122	4,850
Other debtors	64,029	2
	192,954	144,249

7

Creditors

Creditors: amounts falling due within one year

	Note	2025 £	2024 £
Due within one year
Loans and borrowings		-	1,557
Trade creditors		26,661	57,665
Taxation and social security		209,111	66,755
Accruals and deferred income		20,008	16,786
Other creditors		184	880
		255,964	143,643