REGISTERED NUMBER: 02600809 (England and Wales)

DAI (Leisure Pursuits) West Midlands

Limited

Unaudited Financial Statements

for the Year Ended 31 March 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

C B Locke

A E Lane

REGISTERED OFFICE:

Unit 1

Enterprise Trading Estate

Pedmore Road

Brierley Hill

West Midlands

DY5 1TX

REGISTERED NUMBER:

02600809 (England and Wales)

ACCOUNTANTS:

Streets Dyke Ruscoe Ltd

110 Corve Street

Ludlow

SHROPSHIRE

SY8 1DJ

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

55,783

18,327

55,783

18,327

CURRENT ASSETS

Stocks

445,000

531,000

Debtors

6

27,373

59,756

Prepayments and accrued income

3,083

10,717

Cash in hand

743

173

476,199

601,646

CREDITORS

Amounts falling due within one year

7

277,556

291,644

NET CURRENT ASSETS

198,643

310,002

TOTAL ASSETS LESS CURRENT LIABILITIES

254,426

328,329

CREDITORS

Amounts falling due after more than one year

8

(7,500

)

(17,500

)

PROVISIONS FOR LIABILITIES

(3,411

)

(2,511

)

ACCRUALS AND DEFERRED INCOME

(3,796

)

(3,910

)

NET ASSETS

239,719

304,408

CAPITAL AND RESERVES

Called up share capital

20

20

Capital redemption reserve

81

81

Retained earnings

239,618

304,307

SHAREHOLDERS' FUNDS

239,719

304,408

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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 26 November 2025 and were signed on its behalf by:

C B Locke - Director

1.	STATUTORY INFORMATION

DAI (Leisure Pursuits) West Midlands 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.

No profit or loss account is filed.

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.

Goodwill

Goodwill was purchased prior to 2011 and have been amortised over its useful life.

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 or, if held under a finance lease, over the lease term, whichever is the shorter.

Improvements to property

-

2% on cost

Plant and machinery

-

25% on reducing balance

Fixtures and fittings

-

20% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33% 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 8 (2024 - 6 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2024

and 31 March 2025

2,300

AMORTISATION

At 1 April 2024

and 31 March 2025

2,300

NET BOOK VALUE

At 31 March 2025

-

At 31 March 2024

-

5.	TANGIBLE FIXED ASSETS

Improvements

Fixtures

to

Plant and

and

property

machinery

fittings

£

£

£

COST

At 1 April 2024

7,545

7,629

20,888

Additions

-

338

3,933

Disposals

-

-

(897

)

At 31 March 2025

7,545

7,967

23,924

DEPRECIATION

At 1 April 2024

905

5,125

13,554

Charge for year

151

582

2,107

Eliminated on disposal

-

-

(897

)

At 31 March 2025

1,056

5,707

14,764

NET BOOK VALUE

At 31 March 2025

6,489

2,260

9,160

At 31 March 2024

6,640

2,504

7,334

Motor

Computer

vehicles

equipment

Totals

£

£

£

COST

At 1 April 2024

-

10,792

46,854

Additions

40,000

1,094

45,365

Disposals

-

-

(897

)

At 31 March 2025

40,000

11,886

91,322

DEPRECIATION

At 1 April 2024

-

8,943

28,527

Charge for year

4,356

713

7,909

Eliminated on disposal

-

-

(897

)

At 31 March 2025

4,356

9,656

35,539

NET BOOK VALUE

At 31 March 2025

35,644

2,230

55,783

At 31 March 2024

-

1,849

18,327

Fixed assets, included in the above, which are held under finance leases are as follows:

Motor

vehicles

£

COST

Additions

40,000

At 31 March 2025

40,000

DEPRECIATION

Charge for year

4,356

At 31 March 2025

4,356

NET BOOK VALUE

At 31 March 2025

35,644

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Directors' current accounts

10,858

31,533

VAT

16,515

28,223

27,373

59,756

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

52,773

35,216

Finance leases

37,102

-

Trade creditors

180,254

237,698

Corporation tax

4,893

16,970

Social security and other taxes

2,292

1,586

Sundry creditors and accruals

242

174

277,556

291,644

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans - 2-5 years

7,500

17,500

9.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2025 and 31 March 2024:

2025

2024

£

£

C B Locke

Balance outstanding at start of year

31,534

24,351

Amounts advanced

70,524

98,909

Amounts repaid

(91,200

)

(91,726

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

10,858

31,534

The loan to the director is repayable on demand and no interest has been charged.