Company registration number: 10123762
Annual report and unaudited financial statements
for the year ended 31 October 2025
for
Diverse Leisure Limited
Pages for filing with the Registrar
Company registration number: 10123762
Diverse Leisure Limited
Balance sheet
as at 31 October 2025
2025 2024
Note £ £ £ £
Fixed assets
Intangible assets 4 13,400 26,800
Tangible assets 5 3,569,337 3,378,113
3,582,737 3,404,913
Current assets
Stocks 197,531 -
Debtors 2,490,684 2,138,038
Cash at bank and in hand 7,147 780
2,695,362 2,138,818
Creditors: amounts falling due within one year
(1,606,238) (1,655,347)
Net current assets 1,089,124 483,471
Total assets less current liabilities 4,671,861 3,888,384
Creditors: Amounts falling due after more than one year
(2,168,483) (1,551,939)
Provisions for liabilities (214,045) (193,384)
NET ASSETS 2,289,333 2,143,061
Capital and reserves
Called up share capital 100 100
Revaluation reserve 510,848 442,281
Profit and loss account 1,778,385 1,700,680
TOTAL EQUITY 2,289,333 2,143,061
The company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies for the year ended 31 October 2025.
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 to comply with the Companies Act 2006 in respect to accounting records and the preparation of financial statements.
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Company registration number: 10123762
Diverse Leisure Limited
Balance sheet - continued
as at 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 Profit and loss account has not been delivered to the Registrar.
Signed by:
Mr N Bracey, Director
31 July 2026
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Diverse Leisure Limited
Notes to the financial statements
for the year ended 31 October 2025
1 Company information
Diverse Leisure Limited is a private company registered in England and Wales. Its registered number is 10123762. The company is limited by shares. Its registered office is Windmill Golf Academy, Henfield Road, Bristol, Avon, BS36 2FE.
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 historic cost convention.
Going concern
In preparing these financial statements, the director has assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the company’s ability to continue as a going concern. In making this assessment, the director takes into account all available information about the future which is at least 12 months from the date that the financial statements are authorised for issue.
The director considers that the company has adequate resources to continue in business for the foreseeable future and that it is appropriate to adopt the going concern basis in preparing the financial statements.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, Value Added Tax and other sales taxes.
Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.
Amortisation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Goodwill - 10% straight line
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Diverse Leisure Limited
Notes to the financial statements - continued
for the year ended 31 October 2025
2 Accounting policies - continued
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.
Land and buildings:
Freehold property - Not provided
Plant and machinery etc.:
Improvements to property - Not provided
Plant and machinery - 25% reducing balance
Fixtures & fittings - 25% reducing balance
Motor vehicles - 25% reducing balance
Computer equipment - 25% reducing balance
Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
Work in progress is valued at the lower of cost and net realisable value. Cost is calculated using the first -in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.
Taxation
Taxation for the year comprises current and deferred taxation. Tax is recognised in the Profit and loss account, 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 taxation
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 been enacted or substantively enacted by the balance sheet date 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 probably that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.
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Diverse Leisure Limited
Notes to the financial statements - continued
for the year ended 31 October 2025
2 Accounting policies - continued
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.
3 Average number of employees
During the year the average number of employees was 1 (2024 - 1).
4 Intangible assets
Goodwill
£
Cost
At 1 November 2024 134,000
At 31 October 2025 134,000
Amortisation
At 1 November 2024 107,200
Charge for year 13,400
At 31 October 2025 120,600
Net book value
At 31 October 2025 13,400
At 31 October 2024 26,800
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Diverse Leisure Limited
Notes to the financial statements - continued
for the year ended 31 October 2025
5 Tangible fixed assets
Land and buildings
Plant and machinery etc.

Totals
£ £ £
Cost
At 1 November 2024 1,603,846 2,110,449 3,714,295
Additions - 140,832 140,832
Disposals - (15,850) (15,850)
Revaluations 91,422 - 91,422
At 31 October 2025 1,695,268 2,235,431 3,930,699
Depreciation
At 1 November 2024 - 336,182 336,182
Charge for year - 35,044 35,044
Eliminated on disposal - (9,864) (9,864)
At 31 October 2025 - 361,362 361,362
Net book value
At 31 October 2025 1,695,268 1,874,069 3,569,337
At 31 October 2024 1,603,846 1,774,267 3,378,113
Cost or valuation at 31 October 2025 is represented by:
Land and buildings
Plant and machinery etc.

Totals
£ £ £
Valuation in 2019 8,286 - 8,286
Valuation in 2020 (9,042) - (9,042)
Valuation in 2021 362,791 - 362,791
Valuation in 2022 122,089 - 122,089
Valuation in 2023 45,034 - 45,034
Valuation in 2024 60,553 - 60,553
Valuation in 2025 91,422 - 91,422
Cost 1,014,135 2,235,431 3,249,566
1,695,268 2,235,431 3,930,699
If freehold land and building had not been revalued, they would have been included at the following historical cost:
2025 2024
£ £
Cost 1,014,135 1,014,135
Accumulated depreciation - -
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Diverse Leisure Limited
Notes to the financial statements - continued
for the year ended 31 October 2025
6 Advances, credit and guarantees granted to the director
The following advances and credits to a director subsisted during the years ended 31 October 2025 and 31 October 2024.
2025 2024
£ £
Mr Nicholas Paul Bracey
Balance outstanding at start of year 29,501 73,999
Amounts repaid (105,096) (44,498)
Balance outstanding at end of year (75,595) 29,501
7 Related party transactions
During the year under review the company charged rent to Windmill Sporting Ltd amounting to £75,000 (2024 £78,500), software charges amounting to £24,900 (2024 £15,241) and electricity charges of £39,048 (2024 £34,323). The company is connected as it has common directors and shareholders.
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