REGISTERED NUMBER: 07767233 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2026

FOR

HOEYS LEISURE LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

5

DIRECTORS:

Mr G Hoey

Mrs M Hoey

REGISTERED OFFICE:

The Arches

258 Oxcliffe Road

Morecambe

Lancashire

LA3 3EH

REGISTERED NUMBER:

07767233 (England and Wales)

ACCOUNTANTS:

Turner & Turner (Preston) Ltd

Chartered Accountants

9 Victoria Rd

Fulwood

Preston

Lancashire

PR2 8ND

FIXED ASSETS

Intangible assets

4

2,840,160

3,045,472

Tangible assets

5

6,202,505

6,255,121

Investment property

6

1,988,496

1,355,105

11,031,161

10,655,698

CURRENT ASSETS

Stocks

201,343

499,276

Debtors

7

37,949

30,146

Cash at bank

3,859,123

2,581,235

4,098,415

3,110,657

CREDITORS

Amounts falling due within one year

8

1,518,137

1,356,673

NET CURRENT ASSETS

2,580,278

1,753,984

TOTAL ASSETS LESS CURRENT LIABILITIES

13,611,439

12,409,682

CREDITORS

Amounts falling due after more than one year

9

-

(24,549

)

PROVISIONS FOR LIABILITIES

10

(543,588

)

(552,465

)

NET ASSETS

13,067,851

11,832,668

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

13,067,751

11,832,568

13,067,851

11,832,668

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2026 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.

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

The financial statements were approved by the Board of Directors and authorised for issue on 7 July 2026 and were signed on its behalf by:

Mr G Hoey - Director

1.	STATUTORY INFORMATION

Hoeys 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.

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 2024, is being amortised evenly over its estimated useful life of sixteen years.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 10 (2025 - 9 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2025

and 31 March 2026

3,285,004

AMORTISATION

At 1 April 2025

239,532

Amortisation for year

205,312

At 31 March 2026

444,844

NET BOOK VALUE

At 31 March 2026

2,840,160

At 31 March 2025

3,045,472

5.	TANGIBLE FIXED ASSETS

Freehold

Plant and

Motor

property

machinery

vehicles

Totals

£

£

£

£

COST

At 1 April 2025

6,036,939

278,951

103,714

6,419,604

Additions

1,450

680

-

2,130

Disposals

-

-

(21,700

)

(21,700

)

At 31 March 2026

6,038,389

279,631

82,014

6,400,034

DEPRECIATION

At 1 April 2025

-

132,946

31,537

164,483

Charge for year

-

29,201

11,657

40,858

Eliminated on disposal

-

-

(7,812

)

(7,812

)

At 31 March 2026

-

162,147

35,382

197,529

NET BOOK VALUE

At 31 March 2026

6,038,389

117,484

46,632

6,202,505

At 31 March 2025

6,036,939

146,005

72,177

6,255,121

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and

machinery

£

COST

At 1 April 2025

and 31 March 2026

64,500

DEPRECIATION

At 1 April 2025

12,900

Charge for year

10,320

At 31 March 2026

23,220

NET BOOK VALUE

At 31 March 2026

41,280

At 31 March 2025

51,600

6.	INVESTMENT PROPERTY

Total

£

COST OR VALUATION

At 1 April 2025

1,355,105

Additions

633,391

At 31 March 2026

1,988,496

NET BOOK VALUE

At 31 March 2026

1,988,496

At 31 March 2025

1,355,105

Cost or valuation at 31 March 2026 is represented by:

£

Valuation in 2024

1,189,783

Valuation in 2025

165,322

Valuation in 2026

633,391

1,988,496

If the investment properties had not been revalued they would have been included at the following historical cost:

2026

2025

£

£

Cost

1,988,496

1,355,105

The investment properties were valued on an open market basis on 31 March 2026 by Gordon Hoey .

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

4,000

-

Other debtors

33,949

30,146

37,949

30,146

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Hire purchase contracts

14,600

54,390

Trade creditors

41,897

19,065

Taxation and social security

264,929

230,178

Other creditors

1,196,711

1,053,040

1,518,137

1,356,673

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2026

2025

£

£

Hire purchase contracts

-

24,549

10.	PROVISIONS FOR LIABILITIES

2026

2025

£

£

Deferred tax

543,588

552,465

Deferred

tax

£

Balance at 1 April 2025

552,465

Credit to Income Statement during year

(8,877

)

Balance at 31 March 2026

543,588