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Registered number: 06061836
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W F Leisure UK Limited
Financial statements
Information for filing with the registrar
31 January 2026
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Balance sheet
At 31 January 2026
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Creditors: amounts falling due within one year
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Total assets less current liabilities
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Creditors: amounts falling due after more than one year
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Provisions for liabilities
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1
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Balance sheet (continued)
At 31 January 2026
The directors consider that the company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.
The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.
The financial statements were approved and authorised for issue by the board and were signed on its behalf on 29 October 2026.
Company registered number: 06061836
The notes on pages 3 to 7 form part of these financial statements.
2
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Notes to the financial statements
Year ended 31 January 2026
W F Leisure UK Limited ('the company') is a private company limited by shares, registered and domiciled in the United Kingdom. The address of the registered office is Unit 4, Greencroft Industrial Park, Annfield Plain, Stanley, County Durham, DH9 7YB.
2.Accounting policies
The financial statements have been prepared in accordance with Section 1A of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the United Kingdom and the Republic of Ireland' (FRS 102) and the Companies Act 2006.
The following principal accounting policies have been applied:
Revenue is recognised to the extent that it is probable that the economic benefits will flow to the company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
Interest income is recognised in profit or loss using the effective interest method.
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Current and deferred taxation
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The tax expense for the year comprises current and deferred tax. Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.
The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the company operates and generates income.
Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the balance sheet date, except that:
∙The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and
∙Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.
Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the balance sheet date.
3
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Notes to the financial statements
Year ended 31 January 2026
2.Accounting policies (continued)
Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.
Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on a straight line or reducing balance basis, as appropriate.
Depreciation is provided on the following basis:
The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.
Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.
Assets acquired under hire purchase contracts are capitalised and depreciated over their useful economic lives. The related obligations are recognised as liabilities, with finance charges allocated over the contract term at a constant periodic rate.
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell and are reviewed for impairment at each reporting date.
The company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.
Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.
The average monthly number of employees, including directors, during the year was 14 (2025 : 15).
4
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Notes to the financial statements
Year ended 31 January 2026
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Prepayments and accrued income
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5
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Notes to the financial statements
Year ended 31 January 2026
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Creditors: amounts falling due within one year
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Other taxation and social security
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Obligations under hire purchase contracts
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Accruals and deferred income
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The following liabilities were secured:
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Details of security provided:
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Hire purchase creditors are secured on the assets to which they relate.
6
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Notes to the financial statements
Year ended 31 January 2026
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Creditors: amounts falling due after more than one year
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Net obligations under hire purchase contracts
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The following liabilities were secured:
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Details of security provided:
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Hire purchase creditors are secured on the assets to which they relate.
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Commitments under operating leases
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At 31 January 2026 the company had future minimum lease payments due under non-cancellable operating leases for each of the following periods:
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Later than 1 year and not later than 5 years
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Transactions with directors
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During the year the directors operated a current account with the company to record amounts due to and from the company. The balance due to the company at the end of the year was £26,157 (2025: £11,404 due to the directors). The loan is unsecured, has no fixed terms of repayment and bears interest at 3.75%. Interest of £481 was charged during the year.
7
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