| REGISTERED NUMBER: |
| Financial Statements For The Year Ended 31 October 2025 |
| for |
| Lesuretec Limited |
| REGISTERED NUMBER: |
| Financial Statements For The Year Ended 31 October 2025 |
| for |
| Lesuretec Limited |
| Lesuretec Limited (Registered number: SC131147) |
| Contents of the Financial Statements |
| For The Year Ended 31 October 2025 |
| Page |
| Company Information | 1 |
| Abridged Statement of Financial Position | 2 |
| Notes to the Financial Statements | 4 |
| Lesuretec Limited |
| Company Information |
| For The Year Ended 31 October 2025 |
| DIRECTORS: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Regent Court |
| 70 West Regent Street |
| Glasgow |
| G2 2QZ |
| Lesuretec Limited (Registered number: SC131147) |
| Abridged Statement of Financial Position |
| 31 October 2025 |
| 2025 | 2024 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 4 |
| Investments | 5 |
| Investment property | 6 |
| CURRENT ASSETS |
| Debtors | 7 |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year |
| NET CURRENT LIABILITIES | ( |
) | ( |
) |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CREDITORS |
| Amounts falling due after more than one year |
( |
) |
( |
) |
| PROVISIONS FOR LIABILITIES | ( |
) | ( |
) |
| NET (LIABILITIES)/ASSETS | ( |
) |
| CAPITAL AND RESERVES |
| Called up share capital |
| Retained earnings | ( |
) |
| SHAREHOLDERS' FUNDS | ( |
) |
| 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. |
| Lesuretec Limited (Registered number: SC131147) |
| Abridged Statement of Financial Position - continued |
| 31 October 2025 |
| The financial statements were approved by the Board of Directors and authorised for issue on |
| Lesuretec Limited (Registered number: SC131147) |
| Notes to the Financial Statements |
| For The Year Ended 31 October 2025 |
| 1. | STATUTORY INFORMATION |
| Lesuretec Limited is a |
| The presentation currency of the financial statements is the Pound Sterling (£). |
| 2. | ACCOUNTING POLICIES |
| Going concern |
| The company reports net liabilities on its balance sheet as at the year end date and as such the directors have considered the appropriateness of the going concern basis for preparing these accounts The directors have discussed matters with the company's creditors and are confident that no repayment of facilities will be sought by the company's creditors within a period of 12 months of signing these financial statements that would result in the company failing to meet its obligations. As such, the directors are of the view that it is appropriate to prepare these |
| accounts on the going concern basis. |
| Turnover |
| Turnover represents income from rents received by the company, exclusive of VAT. |
| Depreciation |
| Fixtures and fittings | - |
| Motor vehicles | - |
| Computer equipment | - |
| Investment property |
| Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss. |
| Financial instruments |
| Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in . the statement of comprehensive income. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in the statement of comprehensive income. |
| Deferred taxation |
| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date. |
| 3. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the year was |
| Lesuretec Limited (Registered number: SC131147) |
| Notes to the Financial Statements - continued |
| For The Year Ended 31 October 2025 |
| 4. | TANGIBLE FIXED ASSETS |
| Totals |
| £ |
| COST |
| At 1 November 2024 |
| Disposals | ( |
) |
| At 31 October 2025 |
| DEPRECIATION |
| At 1 November 2024 |
| Charge for year |
| Eliminated on disposal | ( |
) |
| At 31 October 2025 |
| NET BOOK VALUE |
| At 31 October 2025 |
| At 31 October 2024 |
| 5. | FIXED ASSET INVESTMENTS |
| Information on investments other than loans is as follows: |
| Totals |
| £ |
| COST OR VALUATION |
| At 1 November 2024 | 118,020 |
| Additions | 100,509 |
| Disposals | (114,832 | ) |
| Revaluations | 14,709 |
| At 31 October 2025 | 118,406 |
| NET BOOK VALUE |
| At 31 October 2025 | 118,406 |
| At 31 October 2024 | 118,020 |
| Cost or valuation at 31 October 2025 is represented by: |
| Totals |
| £ |
| Valuation in 2025 | 118,406 |
| Lesuretec Limited (Registered number: SC131147) |
| Notes to the Financial Statements - continued |
| For The Year Ended 31 October 2025 |
| 6. | INVESTMENT PROPERTY |
| Total |
| £ |
| FAIR VALUE |
| At 1 November 2024 |
| Revaluations | (385,000 | ) |
| At 31 October 2025 |
| NET BOOK VALUE |
| At 31 October 2025 |
| At 31 October 2024 |
| Fair value at 31 October 2025 is represented by: |
| £ |
| Valuation in 2025 | 1,456,923 |
| If investment property had not been revalued it would have been included at the following historical cost: |
| 2025 | 2024 |
| £ | £ |
| Cost | 3,121,932 | 3,121,932 |
| Investment property was valued on an open market basis on 31 October 2025 by Remo Di Ciacca . |
| 7. | DEBTORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
| 2025 | 2024 |
| £ | £ |
| Other debtors |