REGISTERED NUMBER: 15539582 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2026

for

Gloucestershire Leisure Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Mrs E M Pennington

Mr A J Pennington

Miss P Hyde

Mr J D Heasman

REGISTERED OFFICE:

Second Floor

123 Promenade

Cheltenham

Gloucestershire

GL50 1NW

REGISTERED NUMBER:

15539582 (England and Wales)

ACCOUNTANTS:

Francis & Co

Second Floor

123 Promenade

Cheltenham

Gloucestershire

GL50 1NW

FIXED ASSETS

Intangible assets

4

3

3

Tangible assets

5

39,341

22,995

39,344

22,998

CURRENT ASSETS

Stocks

1,780,186

1,878,233

Debtors

6

59,683

60,127

Cash at bank and in hand

554,834

544,303

2,394,703

2,482,663

CREDITORS

Amounts falling due within one year

7

1,995,785

2,266,779

NET CURRENT ASSETS

398,918

215,884

TOTAL ASSETS LESS CURRENT LIABILITIES

438,262

238,882

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

438,162

238,782

438,262

238,882

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2026 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.

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 8 October 2026 and were signed on its behalf by:

Mr A J Pennington - Director

1.	STATUTORY INFORMATION

Gloucestershire 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.

Plant and machinery etc

-

33% on cost, 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 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 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.

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 22 (2025 - 17 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2025

and 31 March 2026

3

NET BOOK VALUE

At 31 March 2026

3

At 31 March 2025

3

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2025

30,617

Additions

30,921

At 31 March 2026

61,538

DEPRECIATION

At 1 April 2025

7,622

Charge for year

14,575

At 31 March 2026

22,197

NET BOOK VALUE

At 31 March 2026

39,341

At 31 March 2025

22,995

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

£

Trade debtors

51,188

8,767

Other debtors

8,495

51,360

59,683

60,127

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

£

Bank loans and overdrafts

-

725

Trade creditors

1,405,344

1,682,747

Taxation and social security

190,294

147,840

Other creditors

400,147

435,467

1,995,785

2,266,779