REGISTERED NUMBER: 05273230 (England and Wales)

Unaudited Financial Statements

for the Year Ended

30 September 2025

for

Leisurebench Ltd

Page

Company Information

1

Chartered Accountants' Report

2

Balance Sheet

3

Notes to the Financial Statements

5

DIRECTOR:

S Musson

REGISTERED OFFICE:

Old Wharf Road

Grantham

Lincolnshire

NG31 7AA

REGISTERED NUMBER:

05273230 (England and Wales)

ACCOUNTANTS:

The Rowleys Partnership Ltd

Chartered Accountants

Charnwood House

Harcourt Way

Meridian Business Park

Leicester

Leicestershire

LE19 1WP

The following reproduces the text of the report prepared for the director 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 Income Statement and certain other primary statements and the Report of the Director 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 Leisurebench Ltd for the year ended 30 September 2025 which comprise the Income Statement, 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 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 director of Leisurebench Ltd in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Leisurebench Ltd and state those matters that we have agreed to state to the director of Leisurebench Ltd 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 Leisurebench Ltd and its director for our work or for this report.

It is your duty to ensure that Leisurebench Ltd 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 Leisurebench Ltd. You consider that Leisurebench Ltd 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 Leisurebench Ltd. 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.

The Rowleys Partnership Ltd

Chartered Accountants

Charnwood House

Harcourt Way

Meridian Business Park

Leicester

Leicestershire

LE19 1WP

26 June 2026

FIXED ASSETS

Tangible assets

4

299,594

378,681

CURRENT ASSETS

Stocks

1,890,830

2,116,685

Debtors

5

941,270

1,046,055

Cash at bank and in hand

163,265

472,655

2,995,365

3,635,395

CREDITORS

Amounts falling due within one year

6

1,210,019

1,157,184

NET CURRENT ASSETS

1,785,346

2,478,211

TOTAL ASSETS LESS CURRENT LIABILITIES

2,084,940

2,856,892

CREDITORS

Amounts falling due after more than one year

7

(109,955

)

(293,200

)

PROVISIONS FOR LIABILITIES

-

(97,343

)

NET ASSETS

1,974,985

2,466,349

CAPITAL AND RESERVES

Called up share capital

9

10,000

10,000

Retained earnings

1,964,985

2,456,349

SHAREHOLDERS' FUNDS

1,974,985

2,466,349

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

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

The financial statements were approved by the director and authorised for issue on 26 June 2026 and were signed by:

S Musson - Director

1.	STATUTORY INFORMATION

Leisurebench Ltd 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.

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.

Turnover

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

Turnover is recognised when the goods are physically delivered to the customer, with the exception of contracted sales which are recognised upon receipt of monies from the customer. This is on the basis that Leisurebench Limited is storing the goods on behalf of the customer who calls them off as and when required.

Tangible fixed assets

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

Plant and machinery

-

25% reducing balance

Fixtures and fittings

-

20% on cost

Motor vehicles

-

25% reducing balance

Computer equipment

-

33% on cost

Stocks

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

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing stock to its present location and condition. Provision is made for damaged, obsolete and slow-moving stock where appropriate.

Stock valuations include the cost of delivery of the goods charged to the company.

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.

Research and development

Expenditure on research and development is written off in the year in which it is incurred.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

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.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts and finance leases are capitalised as tangible assets and depreciated over the shorter of the lease term and their useful lives. Obligations under such agreements are included in creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account on a sum of digits basis.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 36 (2024 - 33 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

Computer

machinery

fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 October 2024

318,725

134,458

342,642

31,003

826,828

Additions

8,510

2,110

33,920

2,616

47,156

Disposals

-

-

(80,190

)

-

(80,190

)

At 30 September 2025

327,235

136,568

296,372

33,619

793,794

DEPRECIATION

At 1 October 2024

170,943

70,877

181,067

25,260

448,147

Charge for year

38,469

20,124

42,026

3,890

104,509

Eliminated on disposal

-

-

(58,456

)

-

(58,456

)

At 30 September 2025

209,412

91,001

164,637

29,150

494,200

NET BOOK VALUE

At 30 September 2025

117,823

45,567

131,735

4,469

299,594

At 30 September 2024

147,782

63,581

161,575

5,743

378,681

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.25

30.9.24

£

£

Trade debtors

687,646

706,624

Amounts owed by group undertakings

12,797

32,052

Other debtors

86,040

72,675

Corporation tax

-

60,779

Prepayments and accrued income

154,787

173,925

941,270

1,046,055

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.25

30.9.24

£

£

Bank loans and overdrafts

313,679

412,633

Hire purchase contracts

-

18,415

Payments on account

13,855

16,969

Trade creditors

414,848

231,184

Amounts owed to group undertakings

144,172

144,817

Social security and other taxes

27,372

26,063

VAT

216,012

228,472

Other creditors

6,213

7,264

Accruals and deferred income

50,779

44,002

Deferred government grants

23,089

27,365

1,210,019

1,157,184

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30.9.25

30.9.24

£

£

Bank loans

109,955

146,608

Bank loans - 2-5 years

-

146,592

109,955

293,200

8.	SECURED DEBTS

The following secured debts are included within creditors:

30.9.25

30.9.24

£

£

Bank loans

256,561

403,167

Hire purchase contracts

-

18,415

HSBC Euro Facility

160,629

292,191

HSBC US Dollar Facility

6,444

10,475

423,634

724,248

The bank loan facilities are secured by a fixed and floating charge over the company assets.

Assets financed on hire purchase are secured on the asset to which they relate.

The HSBC foreign currency facilities are secured by a fixed and floating charge over the company assets that they relate to.

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.9.25

30.9.24

value:

£

£

10,000

Ordinary

£1

10,000

10,000

10.	OTHER FINANCIAL COMMITMENTS

The company had total guarantees and commitments at the balance sheet date of £571,833 (2024 £717,834).