Greenshield Leisure Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—6

Registered number: 09937437

		2026		2025
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		51,204		21,190

			51,204		21,190
CURRENT ASSETS
Stocks	5	43,904		63,777
Debtors	6	185,814		244,350
Cash at bank and in hand		59,578		89,486

		289,296		397,613
Creditors: Amounts Falling Due Within One Year	7	(162,291 )		(183,615 )

NET CURRENT ASSETS (LIABILITIES)			127,005		213,998

TOTAL ASSETS LESS CURRENT LIABILITIES			178,209		235,188

Creditors: Amounts Falling Due After More Than One Year	8		(38,846 )		(27,254 )

PROVISIONS FOR LIABILITIES
Deferred Taxation			(10,937 )		(5,202 )

NET ASSETS			128,426		202,732

CAPITAL AND RESERVES
Called up share capital	10		100		100
Profit and Loss Account			128,326		202,632

SHAREHOLDERS' FUNDS			128,426		202,732

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Greenshield Leisure Limited

Balance Sheet (continued)

As At 31 January 2026

For the year ending 31 January 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr L D Hunter Director	Mr D S Walls Director
6 October 2026

The notes on pages 3 to 6 form part of these financial statements.

1. General Information

Greenshield Leisure Limited is a private company, limited by shares, incorporated in England & Wales, registered number 09937437 . The registered office is 11 Eastgate, Seamer, Scarborough, North Yorkshire, YO12 4RB.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery	15% on reducing balance
Motor Vehicles	25% on reducing balance
Computer Equipment	33% on cost

2.4. Leasing and Hire Purchase Contracts

Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the profit and loss account as incurred.

2.5. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

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Greenshield Leisure Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 January 2026

2.6. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.

Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.

2.7. Pensions

The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 12 (2025: 10)

4. Tangible Assets

	Plant & Machinery	Motor Vehicles	Computer Equipment	Total
	£	£	£	£
Cost
As at 1 February 2025	26,373	12,759	7,678	46,810
Additions	12,105	33,931	291	46,327
Disposals	-	(3,800 )	-	(3,800 )

As at 31 January 2026	38,478	42,890	7,969	89,337

Depreciation
As at 1 February 2025	14,274	5,357	5,989	25,620
Provided during the period	3,632	10,034	1,445	15,111
Disposals	-	(2,598 )	-	(2,598 )

As at 31 January 2026	17,906	12,793	7,434	38,133

Net Book Value
As at 31 January 2026	20,572	30,097	535	51,204

As at 1 February 2025	12,099	7,402	1,689	21,190

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Greenshield Leisure Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 January 2026

Included above are assets held under finance leases or hire purchase contracts with a net book value as follows:

	2026	2025
	£	£
Motor Vehicles	18,884	-

5. Stocks

	2026	2025
	£	£
Stock	43,904	62,577
Work in progress	-	1,200

	43,904	63,777

6. Debtors

	2026	2025
	£	£
Due within one year
Trade debtors	112,949	159,372
Other debtors	72,865	84,978

	185,814	244,350

7. Creditors: Amounts Falling Due Within One Year

	2026	2025
	£	£
Net obligations under finance lease and hire purchase contracts	4,012	-
Trade creditors	100,343	92,792
Bank loans and overdrafts	6,500	6,250
Other creditors	16,549	15,918
Taxation and social security	34,887	68,655

	162,291	183,615

8. Creditors: Amounts Falling Due After More Than One Year

	2026	2025
	£	£
Net obligations under finance lease and hire purchase contracts	18,152	-
Bank loans	20,694	27,254

	38,846	27,254

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Greenshield Leisure Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 January 2026

9. Obligations Under Finance Leases and Hire Purchase

	2026	2025
	£	£
The future minimum finance lease payments are as follows:
Not later than one year	4,012	-
Later than one year and not later than five years	18,152	-

	22,164	-

	22,164	-

10. Share Capital

	2026	2025
	£	£
Allotted, Called up and fully paid	100	100

11. Directors Advances, Credits and Guarantees

Included within Debtors are the following loans to directors:

	As at 1 February 2025	Amounts advanced	Amounts repaid	Amounts written off	As at 31 January 2026
	£	£	£	£	£
Mr Lee Hunter	59,187	-	4,253	-	54,934
Mr Danny Walls	21,999	-	4,929	-	17,070

The above loan is unsecured, interest free and repayable on demand.

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