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Company Registration No. 13426100 (England and Wales)
IDLE HOURS LIMITED Unaudited accounts for the year ended 31 May 2026
IDLE HOURS LIMITED Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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IDLE HOURS LIMITED Company Information for the year ended 31 May 2026
Directors
Oliver Sylvester-Bradley Danila Gjini
Company Number
13426100 (England and Wales)
Registered Office
4 PARK VIEW MANSIONS HIGHGATE HIGH STREET LONDON N6 5JJ ENGLAND
Accountants
Taxez 5 South Charlotte Street Edinburgh EH2 4AN
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IDLE HOURS LIMITED Statement of financial position as at 31 May 2026
2026
2025
Notes
£
£
Fixed assets
Tangible assets
4
501,124
501,124
Current assets
Debtors
5
-
20
Cash at bank and in hand
1,365
4,960
1,365
4,980
Creditors: amounts falling due within one year
6
(200,902)
(200,609)
Net current liabilities
(199,537)
(195,629)
Total assets less current liabilities
301,587
305,495
Creditors: amounts falling due after more than one year
7
(311,599)
(311,599)
Net liabilities
(10,012)
(6,104)
Capital and reserves
Called up share capital
112
112
Profit and loss account
(10,124)
(6,216)
Shareholders' funds
(10,012)
(6,104)
For the year ending 31 May 2026 the company was entitled to exemption from audit 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 directors acknowledge 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 and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 10 June 2026 and were signed on its behalf by
Oliver Sylvester-Bradley Director Company Registration No. 13426100
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IDLE HOURS LIMITED Notes to the Accounts for the year ended 31 May 2026
1
Statutory information
IDLE HOURS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 13426100. The registered office is 4 PARK VIEW MANSIONS, HIGHGATE HIGH STREET, LONDON, N6 5JJ, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
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 from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Land & buildings
£
Cost or valuation
At cost
At 1 June 2025
501,124
At 31 May 2026
501,124
Depreciation
At 31 May 2026
-
Net book value
At 31 May 2026
501,124
At 31 May 2025
501,124
5
Debtors
2026
2025
£
£
Amounts falling due within one year
Other debtors
-
20
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IDLE HOURS LIMITED Notes to the Accounts for the year ended 31 May 2026
6
Creditors: amounts falling due within one year
2026
2025
£
£
Loans from directors
200,543
200,250
Accruals
359
359
200,902
200,609
7
Creditors: amounts falling due after more than one year
2026
2025
£
£
Bank loans
311,599
311,599
8
Average number of employees
During the year the average number of employees was 2 (2025: 2).
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