REGISTERED NUMBER: 04348328 (England and Wales)

Financial Statements

for the Year Ended 31st January 2026

for

THE LEE VALLEY BOAT CENTRE LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

G Wrigglesworth

SECRETARY:

REGISTERED OFFICE:

Lee Valley Boat Centre

Old Nazing Road

Broxbourne

Hertfordshire

EN10 6LX

REGISTERED NUMBER:

04348328 (England and Wales)

ACCOUNTANTS:

Attenboroughs (Accountants) Limited

Chartered Certified Accountants

1 Tower House

Tower Centre

Hoddesdon

Hertfordshire

EN11 8UR

BANKERS:

HSBC Bank

45 High Street

Hoddesdon

Hertfordshire

EN11 8TA

FIXED ASSETS

Tangible assets

4

109,200

74,788

CURRENT ASSETS

Stocks

1,000

1,000

Debtors

5

35,689

31,001

Cash at bank and in hand

2,607

3,909

39,296

35,910

CREDITORS

Amounts falling due within one year

6

253,306

102,646

NET CURRENT LIABILITIES

(214,010

)

(66,736

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(104,810

)

8,052

CREDITORS

Amounts falling due after more than one year

7

(4,766

)

(10,503

)

PROVISIONS FOR LIABILITIES

(11,021

)

(11,021

)

NET LIABILITIES

(120,597

)

(13,472

)

CAPITAL AND RESERVES

Called up share capital

8

10

10

Retained earnings

(120,607

)

(13,482

)

SHAREHOLDERS' FUNDS

(120,597

)

(13,472

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st January 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st January 2026 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 5th October 2026 and were signed by:

G Wrigglesworth - Director

1.	STATUTORY INFORMATION

THE LEE VALLEY BOAT CENTRE 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.

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.

Plant and machinery

-

25% on reducing balance and 5% on cost

Fixtures and fittings

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

25% 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.

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.

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 16 (2025 - 13 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

Computer

machinery

fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1st February 2025

200,837

2,992

12,000

2,113

217,942

Additions

50,000

-

-

-

50,000

At 31st January 2026

250,837

2,992

12,000

2,113

267,942

DEPRECIATION

At 1st February 2025

135,534

2,808

3,000

1,812

143,154

Charge for year

12,466

46

3,000

76

15,588

At 31st January 2026

148,000

2,854

6,000

1,888

158,742

NET BOOK VALUE

At 31st January 2026

102,837

138

6,000

225

109,200

At 31st January 2025

65,303

184

9,000

301

74,788

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/1/26

31/1/25

£

£

Trade debtors

25,215

26,217

Other debtors

7,000

-

Directors' current accounts

211

-

Prepayments

3,263

4,784

35,689

31,001

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/1/26

31/1/25

£

£

Bank loans and overdrafts

21,439

10,418

Hire purchase contracts

2,200

2,200

Trade creditors

12,076

4,678

Social security and other taxes

3,511

2,207

Net wages creditor

13,266

-

VAT

12,251

3,941

Other creditors

184,483

60,828

Directors' current accounts

-

14,489

Accrued expenses

4,080

3,885

253,306

102,646

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31/1/26

31/1/25

£

£

Bank loans - 1-2 years

-

3,537

Hire purchase contracts

4,766

6,966

4,766

10,503

8.	CALLED UP SHARE CAPITAL

Allotted and issued:

Number:

Class:

Nominal

31/1/26

31/1/25

value:

£

£

10

Share capital 1

£1

7

7

9.	ULTIMATE CONTROLLING PARTY

The controlling party is G Wrigglesworth.