REGISTERED NUMBER: 02516277 (England and Wales)

HARWOOD LEISURE (NO.2) LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 28 FEBRUARY 2026

Page

Company Information

1

Statement of Financial Position

2

to

3

Notes to the Financial Statements

4

to

6

DIRECTORS:

K G Woodcock

A P Woodcock

Mrs S A Crossman

Mrs G C Woodcock

SECRETARY:

Mrs S A Crossman

REGISTERED OFFICE:

Cleethorpes Bowling Alley

Kings Road

Cleethorpes

N. E. Lincolnshire

DN35 0AQ

REGISTERED NUMBER:

02516277 (England and Wales)

ACCOUNTANTS:

Duncan & Toplis Limited

27-29 Lumley Avenue

Skegness

Lincolnshire

PE25 2AT

BANKERS:

HSBC Bank Plc

88 Westgate

Grantham

Lincolnshire

NG31 6LF

FIXED ASSETS

Tangible assets

4

421,183

478,206

CURRENT ASSETS

Stocks

5,579

7,629

Debtors

5

55,979

43,097

Cash at bank and in hand

955,924

1,780,790

1,017,482

1,831,516

CREDITORS

Amounts falling due within one year

6

154,407

165,349

NET CURRENT ASSETS

863,075

1,666,167

TOTAL ASSETS LESS CURRENT LIABILITIES

1,284,258

2,144,373

PROVISIONS FOR LIABILITIES

35,291

43,730

NET ASSETS

1,248,967

2,100,643

CAPITAL AND RESERVES

Called up share capital

7

110,000

110,000

Retained earnings

1,138,967

1,990,643

SHAREHOLDERS' FUNDS

1,248,967

2,100,643

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved and authorised for issue by the Board of Directors and authorised for issue on 13 July 2026 and were signed on its behalf by:

A P Woodcock - Director

1.	STATUTORY INFORMATION

Harwood Leisure (No.2) 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.

Turnover

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

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

-

10% on cost and 2% on cost

Plant and machinery etc

-

33% on reducing balance, 25% on reducing balance and 15% on reducing balance

Tangible fixed assets are held at cost less depreciation.

Stocks

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.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 23 (2025 - 27 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 March 2025

958,223

1,645,805

2,604,028

Disposals

-

(23,495

)

(23,495

)

At 28 February 2026

958,223

1,622,310

2,580,533

DEPRECIATION

At 1 March 2025

662,556

1,463,266

2,125,822

Charge for year

16,259

37,422

53,681

Eliminated on disposal

-

(20,153

)

(20,153

)

At 28 February 2026

678,815

1,480,535

2,159,350

NET BOOK VALUE

At 28 February 2026

279,408

141,775

421,183

At 28 February 2025

295,667

182,539

478,206

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

5,088

3,643

Other debtors

50,891

39,454

55,979

43,097

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade creditors

13,442

16,539

Taxation and social security

122,686

131,939

Other creditors

18,279

16,871

154,407

165,349

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2026

2025

value:

£

£

50,000

A Ordinary

£1

55,000

55,000

(2025 - 40,000 )

10,000

B Ordinary

£1

10,000

10,000

40,000

C Ordinary

£1

25,000

25,000

10,000

D Ordinary

£1

20,000

20,000

110,000

110,000

8.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

A director has provided the company with an interest free loan of £2,965 (2025: £2,334).