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REGISTERED NUMBER: 02430691 (England and Wales)

| LEISURE INDUSTRY LIMITED |

| UNAUDITED FINANCIAL STATEMENTS |

| FOR THE YEAR ENDED 31 OCTOBER 2025 |

LEISURE INDUSTRY LIMITED (REGISTERED NUMBER: 02430691)

CONTENTS OF THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2025

| Page |

Company Information | 1 |

Statement of Financial Position | 2 |  | to |  | 3

Notes to the Financial Statements | 4 |  | to |  | 7

LEISURE INDUSTRY LIMITED

COMPANY INFORMATION

FOR THE YEAR ENDED 31 OCTOBER 2025

| DIRECTOR: | P W Massey

| REGISTERED OFFICE: | Springfield Caravan Site

| Walls Lane

| Ingoldmells

| Skegness

| Lincolnshire

| PE25 1JE

| REGISTERED NUMBER: | 02430691 (England and Wales)

| ACCOUNTANTS: | Duncan & Toplis Limited

| 27-29 Lumley Avenue

| Skegness

| Lincolnshire

| PE25 2AT

| BANKERS: | HSBC Bank PLC

| 49 Lumley Road

| Skegness

| Lincolnshire

| PE25 3LW

LEISURE INDUSTRY LIMITED (REGISTERED NUMBER: 02430691)

STATEMENT OF FINANCIAL POSITION

31 OCTOBER 2025

| 2025 | 2024 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Intangible assets | 4 | - |  | - |  |

Tangible assets | 5 | 4,705,855 |  | 4,659,313 |  |

Investment property | 6 | 1,789,163 |  | 1,789,163 |  |

6,495,018 |  | 6,448,476 |  |

CURRENT ASSETS

Stocks | 475,306 |  | 519,681 |  |

Debtors | 7 | 73,576 |  | 74,361 |  |

Cash at bank and in hand | 6,850,328 |  | 6,318,663 |  |

7,399,210 |  | 6,912,705 |  |

CREDITORS

Amounts falling due within one year | 8 | 1,120,459 |  | 871,976 |  |

NET CURRENT ASSETS | 6,278,751 |  | 6,040,729 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 12,773,769 |  | 12,489,205 |  |

PROVISIONS FOR LIABILITIES | 69,182 |  | 72,708 |  |

NET ASSETS | 12,704,587 |  | 12,416,497 |  |

CAPITAL AND RESERVES

Called up share capital | 9 | 1,110 |  | 1,110 |  |

Retained earnings | 12,703,477 |  | 12,415,387 |  |

SHAREHOLDERS' FUNDS | 12,704,587 |  | 12,416,497 |  |

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 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.

LEISURE INDUSTRY LIMITED (REGISTERED NUMBER: 02430691)

STATEMENT OF FINANCIAL POSITION - continued

31 OCTOBER 2025

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved and authorised for issue by the director and authorised for issue on 28 May 2026 and were signed by:

P W Massey - Director

LEISURE INDUSTRY LIMITED (REGISTERED NUMBER: 02430691)

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2025

1. | STATUTORY INFORMATION

| Leisure Industry 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 (£).

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.

| Goodwill

| Goodwill, being the amount paid in connection with the acquisition of a business in 2005, has been amortised evenly over its estimated useful life of five years.

| 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 | - | 40% on cost and 2% on cost

| Plant and machinery etc | - | 33% on reducing balance and 25% on reducing balance

| Tangible fixed assets are held at cost less depreciation.

| Investment property

| The properties are included in the accounts at cost and, in the opinion of the directors, the open market values are not significantly different to the balance sheet values.

| Stocks

| Call-off stock located overseas remains the property of the company until it is sold to third parties.

| Stocks are valued at the lower of cost and estimated selling price less costs to complete and sell and after making due allowance for obsolete and slow moving items.

| Financial instruments

| The company has chosen to adopt the FRS 102A in respect of financial instruments.

| Basic financial assets, including trade and other debtors and cash and bank balances are initially recognised at transaction price, unless the arrangement constitute a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

| At the end of each reporting period, financial assets measured at amortised cost are assessed for objective evidence of impairment. If an asset is impaired, the impairment loss is the difference between the carrying amount and the present value of the estimated cash flows discounted at the asset's original effective interest rate. The impairment loss is recognised in the income statement.

| Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

| Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

LEISURE INDUSTRY LIMITED (REGISTERED NUMBER: 02430691)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 OCTOBER 2025

2. | ACCOUNTING POLICIES - continued

| Taxation

| Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 statement of financial position date.

| Deferred tax

| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

| 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.

| Government grants

| Government grants are recognised at the fair value of the asset received or receivable when there is reasonable assurance that the company will comply with conditions attaching to them and the grants will be received using the accrual model.

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 9 (2024 - 8 ) .

4. | INTANGIBLE FIXED ASSETS

| Goodwill

£ |

| COST

| At 1 November 2024

| and 31 October 2025 | 30,001 |  |

| AMORTISATION

| At 1 November 2024

| and 31 October 2025 | 30,001 |  |

| NET BOOK VALUE

| At 31 October 2025 | - |  |

| At 31 October 2024 | - |  |

LEISURE INDUSTRY LIMITED (REGISTERED NUMBER: 02430691)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 OCTOBER 2025

5. | TANGIBLE FIXED ASSETS

| Plant and |

| Land and |  | machinery |

| buildings |  | etc |  | Totals

£ | £ | £ |

| COST

| At 1 November 2024 | 4,981,451 |  | 333,960 |  | 5,315,411 |  |

| Additions | 111,032 |  | 14,275 |  | 125,307 |  |

| At 31 October 2025 | 5,092,483 |  | 348,235 |  | 5,440,718 |  |

| DEPRECIATION

| At 1 November 2024 | 461,783 |  | 194,315 |  | 656,098 |  |

| Charge for year | 39,756 |  | 39,009 |  | 78,765 |  |

| At 31 October 2025 | 501,539 |  | 233,324 |  | 734,863 |  |

| NET BOOK VALUE

| At 31 October 2025 | 4,590,944 |  | 114,911 |  | 4,705,855 |  |

| At 31 October 2024 | 4,519,668 |  | 139,645 |  | 4,659,313 |  |

| Included in cost of land and buildings is freehold land of £ 2,898,546 (2024 - £ 2,898,546 ) which is not depreciated.

6. | INVESTMENT PROPERTY

| Total

£ |

| FAIR VALUE

| At 1 November 2024

| and 31 October 2025 | 1,789,163 |  |

| NET BOOK VALUE

| At 31 October 2025 | 1,789,163 |  |

| At 31 October 2024 | 1,789,163 |  |

| Fair value at 31 October 2025 is represented by:

£ |

| Valuation in 2025 | 1,789,163 |  |

| If the investment property had not been revalued it would have been included at the following historical cost:

2025 | 2024 |

£ | £ |

| Cost | 1,789,163 |  | 1,789,163 |  |

| The investment property was valued on an open market basis on 31 October 2025 by the director .

7. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

£ | £ |

| Trade debtors | 4,136 |  | 33,834 |  |

| Other debtors | 69,440 |  | 40,527 |  |

73,576 |  | 74,361 |  |

LEISURE INDUSTRY LIMITED (REGISTERED NUMBER: 02430691)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 OCTOBER 2025

8. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

£ | £ |

| Trade creditors | 46,263 |  | 74,703 |  |

| Taxation and social security | 141,762 |  | 216,466 |  |

| Other creditors | 932,434 |  | 580,807 |  |

1,120,459 |  | 871,976 |  |

9. | CALLED UP SHARE CAPITAL

| Allotted, issued and fully paid:

| Number: | Class: | Nominal | 2025 | 2024 |

| value: | £ | £ |

| 1,110 | Ordinary | 1 | 1,110 |  | 1,110 |  |

10. | DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

| The director has provided an interest free loan totalling £703,344 (2024 £369,684).