REGISTERED NUMBER: 05333675 (England and Wales)

EDDIES LEISURE LTD

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTOR:

D M Edwards

SECRETARY:

D M Edwards

REGISTERED OFFICE:

45 High Street

Haverfordwest

Pembrokeshire

SA61 2BP

REGISTERED NUMBER:

05333675 (England and Wales)

ACCOUNTANTS:

Bevan Buckland Ltd

Chartered Accountants

45 High Street

Haverfordwest

Pembrokeshire

SA61 2BP

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

1,875,484

1,924,818

1,875,484

1,924,818

CURRENT ASSETS

Stocks

44,900

19,950

Debtors

6

15,339

10,719

Cash at bank and in hand

18,713

37,966

78,952

68,635

CREDITORS

Amounts falling due within one year

7

287,832

565,126

NET CURRENT LIABILITIES

(208,880

)

(496,491

)

TOTAL ASSETS LESS CURRENT LIABILITIES

1,666,604

1,428,327

CREDITORS

Amounts falling due after more than one year

8

(1,157,577

)

(860,256

)

PROVISIONS FOR LIABILITIES

(49,105

)

(40,612

)

NET ASSETS

459,922

527,459

CAPITAL AND RESERVES

Called up share capital

400

400

Retained earnings

459,522

527,059

459,922

527,459

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 director acknowledges his 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 22 April 2026 and were signed by:

D M Edwards - Director

1.	STATUTORY INFORMATION

Eddies Leisure Ltd 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.

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.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Leasehold property

-

2% on cost

Freehold Property

-

2% on cost

Improvements to property

-

2% on cost

Fixtures and fittings

-

15% reducing balance

Motor vehicles

-

25% reducing balance

Computer equipment

-

Straight line over 4 years

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 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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 56 (2024 - 54 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 January 2025

and 31 December 2025

160,000

AMORTISATION

At 1 January 2025

and 31 December 2025

160,000

NET BOOK VALUE

At 31 December 2025

-

At 31 December 2024

-

5.	TANGIBLE FIXED ASSETS

Improvements

Leasehold

Freehold

to

property

Property

property

£

£

£

COST

At 1 January 2025

60,875

302,628

1,381,218

Additions

-

-

5,000

At 31 December 2025

60,875

302,628

1,386,218

DEPRECIATION

At 1 January 2025

11,865

37,615

117,699

Charge for year

1,217

6,053

27,908

At 31 December 2025

13,082

43,668

145,607

NET BOOK VALUE

At 31 December 2025

47,793

258,960

1,240,611

At 31 December 2024

49,010

265,013

1,263,519

Fixtures

and

Motor

Computer

fittings

vehicles

equipment

Totals

£

£

£

£

COST

At 1 January 2025

1,201,319

18,500

50,269

3,014,809

Additions

38,481

-

1,228

44,709

At 31 December 2025

1,239,800

18,500

51,497

3,059,518

DEPRECIATION

At 1 January 2025

859,247

13,297

50,268

1,089,991

Charge for year

57,256

1,301

308

94,043

At 31 December 2025

916,503

14,598

50,576

1,184,034

NET BOOK VALUE

At 31 December 2025

323,297

3,902

921

1,875,484

At 31 December 2024

342,072

5,203

1

1,924,818

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Amounts owed by associates

12,853

8,913

Other debtors

2,486

1,806

15,339

10,719

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

5,737

-

Hire purchase contracts

43,813

39,616

Trade creditors

71,185

49,077

Amounts owed to associates

12,000

12,000

Taxation and social security

69,605

112,275

Other creditors

85,492

352,158

287,832

565,126

Within other creditors is a shareholder account balance of £34,004 (2024 £31,196) which is payable to Mr D J Edwards.

Charges are held by Mr J S Mitchell dated 15 August 2024, HSBC PLC dated 21/09/23.

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Hire purchase contracts

43,037

86,923

Other creditors

1,114,540

773,333

1,157,577

860,256

9.	RELATED PARTY DISCLOSURES

During the year the company traded from a building owned by Mr DM & Mrs AJ Edwards at a rent of nil per annum (2024 £8,500)

Transactions were also undertaken with Pinopolis Ltd and Eddies Bookmakers Ltd companies in which Mr D J Edwards and Mr L M Edwards (shareholders) are directors. The balance due from Pinopolis Ltd at the end of the year amounted to £1,811 (2024 £1,811). The balance due from Eddies Bookmakers Ltd was £3,592 (2024 £3,042).

During the year the director made funds available to the company to assist with the provision of working capital. The loan was interest free, unsecured and repayable on demand. The amount outstanding at the balance sheet date was £103,107 (2024 £19,156).