ACCOUNTS - Final Accounts preparation

Registered number: 12807918

ACCELERATE LEISURE LIMITED

UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE PERIOD ENDED 31 MARCH 2026

ACCELERATE LEISURE LIMITED

REGISTERED NUMBER: 12807918

STATEMENT OF FINANCIAL POSITION

AS AT 31 MARCH 2026

		2026		2025
Note		£		£


Current assets
Debtors: amounts falling due within one year	3	100		54,726
		100		54,726
Creditors: amounts falling due within one year	4	-		(20,979)
Net current assets			100		33,747
Total assets less current liabilities			100		33,747

Net assets			100		33,747

Capital and reserves
Called up share capital	100	100
Profit and loss account	-	33,647
	100	33,747

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ACCELERATE LEISURE LIMITED

REGISTERED NUMBER: 12807918

STATEMENT OF FINANCIAL POSITION (CONTINUED)

AS AT 31 MARCH 2026

For the period ended 31 March 2026 the Company was entitled to exemption from audit under section 480 of the Companies Act 2006.

Members have not required the Company to obtain an audit for the period in question in accordance with section 476 of the Companies Act 2006.

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.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

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

The Company has opted not to file the income statement in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by:

................................................

N Stallwood

Director

Date: 2 June 2026

The notes on pages 3 to 5 form part of these financial statements.

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ACCELERATE LEISURE LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 MARCH 2026

1.	General information

Accelerate Leisure Limited is a private company limited by shares and incorporated in England and Wales, registration number 12807918. The registered office is 1st Floor Corn Exchange Business Centre, Market Place, Hadleigh, United Kingdom, IP7 5DN

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the requirements and the Companies Act 2006 and the requirements of the Statement of Recommended Practice 'Accounting by Limited Liabilities Partnerships'. 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.

2.2

Going concern

The company did not trade during the year and the directors do not expect the company to continue trading for at least the next 12 months from the date of approval of the financial statements. For this reason, the financial statements have been prepared on a basis other than going concern. The directors have assessed the going concern at the balance sheet date and no material accounting adjustments have arisen as a result of ceasing to apply the going concern basis.

2.3

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

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 income.

2.4

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

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ACCELERATE LEISURE LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 MARCH 2026

2.Accounting policies (continued)

2.4

Tangible fixed assets (continued)

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Other fixed assets

7 years straight line

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

2.5

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

2.6

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.

Debtors

					2026	2025
					£	£


Amounts owed by group undertakings	-	54,626
Called up share capital not paid	100	100
	100	54,726

4.	Creditors: Amounts falling due within one year
		2026	2025
		£	£

Amounts owed to connected party	-	20,979
	-	20,979

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ACCELERATE LEISURE LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 MARCH 2026

5.	Cessation of trade

The company's last accounting period is from 1 April 2025 to 31 March 2026 due to cessation of trade.

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