REGISTERED NUMBER: 09020434 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31st October 2025

for

LTS Leisure Limited

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

Chartered Accountants' Report

7

DIRECTORS:

M C Hornshaw

P A Hornshaw

REGISTERED OFFICE:

Hull Sports Centre

Chanterlands Avenue

Hull

East Yorkshire

HU5 4EF

REGISTERED NUMBER:

09020434 (England and Wales)

ACCOUNTANTS:

Sadofskys

Chartered Accountants

Princes House

Wright Street

Hull

East Yorkshire

HU2 8HX

BANKERS:

Lloyds Bank

2 Silver Street

Hull

HU1 1HX

FIXED ASSETS

Tangible assets

4

1,046,965

1,053,490

CURRENT ASSETS

Stocks

-

9,657

Debtors

50,803

8,825

Cash at bank and in hand

8,078

11,529

58,881

30,011

CREDITORS

Amounts falling due within one year

42,271

21,592

NET CURRENT ASSETS

16,610

8,419

TOTAL ASSETS LESS CURRENT LIABILITIES

1,063,575

1,061,909

CREDITORS

Amounts falling due after more than one year

(654,114

)

(639,820

)

PROVISIONS FOR LIABILITIES

(117,739

)

(120,709

)

NET ASSETS

291,722

301,380

CAPITAL AND RESERVES

Called up share capital

5

1,000

1,000

Revaluation reserve

6

343,527

343,527

Retained earnings

(52,805

)

(43,147

)

SHAREHOLDERS' FUNDS

291,722

301,380

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st October 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st October 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31st October 2025 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Statement of Comprehensive Income has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 11th June 2026 and were signed on its behalf by:

P A Hornshaw - Director

1.	STATUTORY INFORMATION

LTS Leisure Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).

The company's trading address is the YPI Sports Centre, Chanterlands Avenue, Hull.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Land and buildings

-

not provided

Plant and machinery etc

-

33% on cost and 15% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Revenue recognition

Revenue is recognised under an exchange transaction with a customer when, and to the extent that, the company receives a right to consideration from its performance.

Part completed contracts at the year-end that fulfil the criteria are included in these financial statements based on their fair value of the right to consideration at the balance sheet date.

Going concern

The company is insolvent and is dependent upon the continuing support of the directors in order to continue trading. After due and careful consideration the Directors are satisfied that the company will be able to make sufficient profits in the future to enable it to discharge any liabilities as they arise. The Directors have therefore confirmed that they will continue to support the company and the accounts have been prepared under the going concern basis.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 5 ) .

4.	TANGIBLE FIXED ASSETS

Totals

£

COST OR VALUATION

At 1st November 2024

and 31st October 2025

1,134,392

DEPRECIATION

At 1st November 2024

80,902

Charge for year

6,525

At 31st October 2025

87,427

NET BOOK VALUE

At 31st October 2025

1,046,965

At 31st October 2024

1,053,490

Cost or valuation at 31st October 2025 is represented by:

Totals

£

Valuation in 2020

127,777

Valuation in 2024

330,258

Cost

676,357

1,134,392

5.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

1,000

Ordinary

£1

1,000

1,000

6.

RESERVES

Revaluation

reserve

£

At 1st November 2024

and 31st October 2025

343,527

7.	RELATED PARTY DISCLOSURES

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Statement of Comprehensive Income and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of LTS Leisure Limited for the year ended 31st October 2025 which comprise the Statement of Comprehensive Income, Abridged Balance Sheet, Statement of Changes in Equity 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 within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

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

It is your duty to ensure that LTS Leisure 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 loss of LTS Leisure Limited. You consider that LTS Leisure Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of LTS Leisure 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 financial statements.

Sadofskys

Chartered Accountants

Princes House

Wright Street

Hull

East Yorkshire

HU2 8HX

11th June 2026