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REGISTERED NUMBER: 03895612 (England and Wales)

GREENHILLS LEISURE LIMITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

GREENHILLS LEISURE LIMITED (REGISTERED NUMBER: 03895612)

CONTENTS OF THE FINANCIAL STATEMENTS

For The Year Ended 31 December 2025

| Page |

Company Information | 1 |

Abridged Balance Sheet | 2 |  | to |  | 3

Notes to the Financial Statements | 4 |  | to |  | 7

GREENHILLS LEISURE LIMITED

COMPANY INFORMATION

For The Year Ended 31 December 2025

| DIRECTORS: | Mr J A Green

| Mrs J E Green

| SECRETARY: | Mrs J E Green

| REGISTERED OFFICE: | Crowhill Lane

| Bakewell

| Derbyshire

| DE45 1PX

| REGISTERED NUMBER: | 03895612 (England and Wales)

| ACCOUNTANTS: | The Rees Partnership

| Bentley Bridge House

| Chesterfield Road

| Matlock

| Derbyshire

| DE4 5LE

GREENHILLS LEISURE LIMITED (REGISTERED NUMBER: 03895612)

ABRIDGED BALANCE SHEET

31 December 2025

| 2025 |  | 2024

| Notes | £ | £ |

FIXED ASSETS

Intangible assets | 4 | 386,457 |  | 434,764 |  |

Tangible assets | 5 | 556,499 |  | 594,514 |  |

942,956 |  | 1,029,278 |  |

CURRENT ASSETS

Stocks | 625 |  | 500 |  |

Debtors | 457,013 |  | 434,454 |  |

Cash at bank and in hand | 594,912 |  | 402,238 |  |

1,052,550 |  | 837,192 |  |

CREDITORS

Amounts falling due within one year | (283,422 | ) | (206,934 | ) |

NET CURRENT ASSETS | 769,128 |  | 630,258 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 1,712,084 |  | 1,659,536 |  |

CREDITORS

Amounts falling due after more than one year | (29,554 | ) | (29,156 | ) |

PROVISIONS FOR LIABILITIES | (84,042 | ) | (95,652 | ) |

NET ASSETS | 1,598,488 |  | 1,534,728 |  |

CAPITAL AND RESERVES

Called up share capital | 4 |  | 4 |  |

Retained earnings | 1,598,484 |  | 1,534,724 |  |

SHAREHOLDERS' FUNDS | 1,598,488 |  | 1,534,728 |  |

GREENHILLS LEISURE LIMITED (REGISTERED NUMBER: 03895612)

ABRIDGED BALANCE SHEET - continued

31 December 2025

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2025 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.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 December 2025 in accordance with Section 444(2A) of the Companies Act 2006.

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 6 August 2026 and were signed on its behalf by:

Mr J A Green - Director

GREENHILLS LEISURE LIMITED (REGISTERED NUMBER: 03895612)

NOTES TO THE FINANCIAL STATEMENTS

For The Year Ended 31 December 2025

1. | STATUTORY INFORMATION

| Greenhills 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.

| The financial statements have been prepared on the going concern principle. No material uncertainties that may cast significant doubt about the ability of the company to continue as a going concern have been identified by the directors.

| 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 fixed assets

| Intangible fixed assets are being amortised on a straight line basis over the remaining length of the lease. The leasehold improvement costs are measured on a revaluation basis.

| 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.

| Plant and machinery etc | - | 25% on reducing balance and 15% on 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.

| 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.

GREENHILLS LEISURE LIMITED (REGISTERED NUMBER: 03895612)

NOTES TO THE FINANCIAL STATEMENTS - continued

For The Year Ended 31 December 2025

2. | ACCOUNTING POLICIES - continued

| Hire purchase and leasing commitments

| Assets held under finance leases and hire purchase contracts, which are those where substantially all the risks and rewards of ownership of the asset have passed to the company, are capitalised in the balance sheet and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability.

| The interest element of the rental obligations is charged to the profit and loss account over the period of the lease and represents a constant proportion of the balance of capital repayments outstanding.

| Rentals paid under operating leases are charged to income on as incurred over the lease term.

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 8 (2024 - 7 ) .

4. | INTANGIBLE FIXED ASSETS

| Totals

£ |

| COST OR VALUATION

| At 1 January 2025

| and 31 December 2025 | 1,249,064 |  |

| AMORTISATION

| At 1 January 2025 | 814,300 |  |

| Amortisation for year | 48,307 |  |

| At 31 December 2025 | 862,607 |  |

| NET BOOK VALUE

| At 31 December 2025 | 386,457 |  |

| At 31 December 2024 | 434,764 |  |

| Cost or valuation at 31 December 2025 is represented by:

| Totals

£ |

| Valuation in 2012 | 1,099,064 |  |

| Cost | 150,000 |  |

1,249,064 |  |

GREENHILLS LEISURE LIMITED (REGISTERED NUMBER: 03895612)

NOTES TO THE FINANCIAL STATEMENTS - continued

For The Year Ended 31 December 2025

5. | TANGIBLE FIXED ASSETS

| Totals

£ |

| COST

| At 1 January 2025 | 1,219,175 |  |

| Additions | 64,268 |  |

| Disposals | (31,569 | ) |

| At 31 December 2025 | 1,251,874 |  |

| DEPRECIATION

| At 1 January 2025 | 624,661 |  |

| Charge for year | 86,368 |  |

| Eliminated on disposal | (15,654 | ) |

| At 31 December 2025 | 695,375 |  |

| NET BOOK VALUE

| At 31 December 2025 | 556,499 |  |

| At 31 December 2024 | 594,514 |  |

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

| Totals

£ |

| COST

| At 1 January 2025 | 82,083 |  |

| Additions | 39,750 |  |

| Disposals | (29,041 | ) |

| At 31 December 2025 | 92,792 |  |

| DEPRECIATION

| At 1 January 2025 | 35,975 |  |

| Charge for year | 18,325 |  |

| Eliminated on disposal | (15,654 | ) |

| At 31 December 2025 | 38,646 |  |

| NET BOOK VALUE

| At 31 December 2025 | 54,146 |  |

| At 31 December 2024 | 46,108 |  |

| Loans for assets under hire purchase are secured against the asset to which they relate.

6. | OTHER FINANCIAL COMMITMENTS

| The company has an operating lease commitment in respect of the lease of the business premises. Rent is charged at a rate of 6% of turnover annually. At the year end the lease had 8 years to run.

GREENHILLS LEISURE LIMITED (REGISTERED NUMBER: 03895612)

NOTES TO THE FINANCIAL STATEMENTS - continued

For The Year Ended 31 December 2025

7. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

| At the start of the year a loan owing from the directors to the company totalled £20,990 (2024: £28,820). This was repaid to the company by way of a dividend distribution on 6 April 2025. At the year end, further loans were owing to the company from the directors totalling £20,139. The loans are unsecured and repayable on demand. Interest is charged by the company at 3.75% per annum.

8. | RELATED PARTY DISCLOSURES

| There have been no material transactions with any related parties, other than those with the directors.

9. | ULTIMATE CONTROLLING PARTY

| The company is controlled by the directors, by virtue of their shareholdings.

10. | RESERVES

| Retained earnings include £332,819 (2024: £366,629) of non distributable reserves.

| The movement in reserves of £33,810 which have been released to the profit and loss account consists of additional depreciation recongnised on revalued assets of £45,887 less the movement in deferred tax of £12,077.