DEMON LEISURE LIMITED


Director	DHIMAN, Seema


Registered Address	Unit 1, 54 New Briggate
	Leeds
	LS1 6NU


Registered Number	09094890 (England and Wales)

Balance Sheet as at
31 October 2025

	Notes	2025		2024
		£	£	£	£
Fixed assets
Intangible assets	3		-		5,086
Tangible assets	4		410,504		555,918
			410,504		561,004
Current assets
Stocks	5	11,549		13,040
Debtors		1,079,233		969,303
Cash at bank and on hand		90,229		98,974
		1,181,011		1,081,317
Creditors amounts falling due within one year	6	(1,496,506)		(1,503,758)
Net current assets (liabilities)			(315,495)		(422,441)
Total assets less current liabilities			95,009		138,563
Creditors amounts falling due after one year	7		(11,599)		(95,622)
Net assets			83,410		42,941
Capital and reserves
Profit and loss account			83,410		42,941
Shareholders' funds			83,410		42,941

The company was entitled to exemption from audit for this reporting period under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The Director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Director on 7 July 2026, and are signed on its behalf by:

DHIMAN, Seema
Director
Registered Company No. 09094890

DEMON LEISURE LIMITED

Notes to the Financial Statements
for the year ended 31 October 2025

1.	Accounting policies

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

	Statement of compliance
	The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the financial reporting standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Going concern
	After reviewing the company's forecasts and projections, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. The company therefore continues to adopt the going concern basis of accounting in preparing its financial statements.

	Turnover policy
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services.

	Revenue from sale of goods
	Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

Revenue from sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Employee benefits
	Contributions to defined contribution plans are expensed in the period to which they relate.

	Finance costs
	Finance costs charged to the profit or loss include interest expense calculated using the effective interest method from FRS 102:11, finance charges on finance leases, and exchange differences on foreign currency borrowings where these are treated as an adjustment to interest costs.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

Foreign currency translation

Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

	Current taxation
	Current tax is recognised in profit or loss, except for taxes related to revaluations of land and buildings which are recognised in other comprehensive income. Current tax represents the amount of tax payable (receivable) in respect of taxable profit (loss) for the current, or past, reporting periods. Current tax is measured at the amount expected to be paid (recovered) using the tax rates and laws which have been enacted, or substantively enacted, by the balance sheet date. Where payments to HM Revenue and Customs exceed liabilities owed, an asset is recognised to the extent of the amount of tax recoverable.

Current taxation

Current tax is recognised in profit or loss, except for taxes related to revaluations of land and buildings which are recognised in other comprehensive income.

Current tax represents the amount of tax payable (receivable) in respect of taxable profit (loss) for the current, or past, reporting periods. Current tax is measured at the amount expected to be paid (recovered) using the tax rates and laws which have been enacted, or substantively enacted, by the balance sheet date. Where payments to HM Revenue and Customs exceed liabilities owed, an asset is recognised to the extent of the amount of tax recoverable.

	Intangible assets
	Intangible assets (including purchased goodwill and patents) are amortised at rates calculated to write off the assets on a straight line basis over their estimated useful economic lives. Impairment of intangible assets is only reviewed where circumstances indicate that the carrying value of an asset may not be fully recoverable.

	Tangible fixed assets and depreciation
	Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:

	Stocks and work in progress
	Inventories are valued at the lower of cost and estimated selling price (less any associated costs to enable such sales to complete).

	Share capital
	Ordinary shares are classified as equity. Incremental costs directly attributable to the issue of new ordinary shares or options are shown in equity as a deduction, net of tax, from the proceeds.

	Government grants or assistance
	Government grants received are credited to deferred income. Grants towards capital expenditure are released to the [ProfitLossAccount] over the expected useful life of the assets. Grants received towards revenue expenditure are released to the [ProfitLossAccount] as the related expenditure is incurred.

2.	Average number of employees


		2025		2024
	Average number of employees during the year	0		58

3.	Intangible assets

	Other	Total
	£	£
Cost or valuation
At 01 November 24	144,841	144,841
At 31 October 25	144,841	144,841
Amortisation and impairment
At 01 November 24	139,755	139,755
Charge for year	5,086	5,086
At 31 October 25	144,841	144,841
Net book value
At 31 October 25	-	-
At 31 October 24	5,086	5,086

4.	Tangible fixed assets

	Plant & machinery	Fixtures & fittings	Total
	£	£	£
Cost or valuation
At 01 November 24	187,087	1,432,386	1,619,473
Additions	3,542	3,382	6,924
At 31 October 25	190,629	1,435,768	1,626,397
Depreciation and impairment
At 01 November 24	150,160	913,395	1,063,555
Charge for year	5,278	158,884	164,162
Other adjustments	(11,824)	-	(11,824)
At 31 October 25	143,614	1,072,279	1,215,893
Net book value
At 31 October 25	47,015	363,489	410,504
At 31 October 24	36,927	518,991	555,918

5.	Stocks

	2025	2024
	£	£
Payments on account, stocks	11,549	13,040
Total	11,549	13,040

6.	Creditors: amounts due within one year

	2025	2024
	£	£
Trade creditors / trade payables	503,238	437,129
Bank borrowings and overdrafts	176,557	239,205
Taxation and social security	26,182	51,564
Payments received on account	790,529	775,860
Total	1,496,506	1,503,758


	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

7.	Creditors: amounts due after one year

	2025	2024
	£	£
Bank borrowings and overdrafts	-	81,474
Other creditors	11,599	14,148
Total	11,599	95,622

8.	Obligations under finance leases

		2025		2024
		£		£
	Finance lease and HP contracts	11,599		14,147