Leicester Shire Promotions Limited Accounts






Leicester Shire Promotions Limited

	Company No. 02785317
		Information for Filing with The Registrar
		31 March 2025

The Directors present their report and the accounts for the year ended 31 March 2025.

Principal activities
The principal activity of the company during the year under review was 82990 - Other business support service activities n.e.c..




Directors

The Directors who served at any time during the year were as follows:

J. Cullinane
M.G. Peters








































































The above report has been prepared in accordance with the provisions applicable to companies subject to the small companies regime as set out in Part 15 of the Companies Act 2006.

Signed on behalf of the board

M.G. Peters
Director
31 March 2025

at	31 March 2025
Company No.		02785317	Notes	2025	2024
				£	£
Fixed assets
	Intangible assets		4	36,696	45,614
	Tangible assets		5	1,197	1,543


				37,893	47,157
Current assets

	Debtors		6	45,248	189,950

	Cash at bank and in hand			277,001	257,211
				322,249	447,161
Creditors: Amount falling due within one year			7	(241,341)	(373,674)
Net current assets				80,908	73,487
Total assets less current liabilities				118,801	120,644

Provisions for liabilities
	Deferred taxation			(227)	(647)

Net assets				118,574	119,997

Capital and reserves


	Revaluation reserve		8	182,056	182,056

	Profit and loss account		8	(63,482)	(62,059)

Total equity				118,574	119,997



These accounts have been prepared in accordance with the special provisions applicable to companies subject to the small companies regime of the Companies Act 2006.

For the year ended 31 March 2025 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 Companies Act 2006 with respect to accounting records and the preparation of accounts.



As permitted by section 444 (5A)of the Companies Act 2006 the directors have not delivered to the Registrar a copy of the company's profit and loss account.

Approved by the board on 31 March 2025 and signed on its behalf by:
M.G. Peters
Director
31 March 2025

for the year ended 31 March 2025

General information

Leicester Shire Promotions Limited is a private company limited by shares and incorporated in England and Wales.

Its registered number is: 02785317

Its registered office is:

High Street

2-2a High Street

LE11 2PY

The accounts have been prepared in accordance with FRS 102 Section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

Accounting policies

Turnover

Turnover is measured at the fair value of the consideration received or receivable. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Revenue from the sale of goods is recognised when all the following conditions are satisfied:
• the Company has transferred to the buyer the significant risks and rewards of ownership of the
goods;
• the Company retains neither continuing managerial involvement to the degree usually associated
with ownership nor effective control over the goods sold;
• the amount of revenue can be measured reliably;
• it is probable that the economic benefits associated with the transaction will flow to the Company;
and
• the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Specifically, revenue from the sale of goods is recognised when goods are delivered and legal title is passed.

Intangible fixed assets

Intangible fixed assets are carried at cost less accumulated amortisation and impairment losses.

Tangible fixed assets and depreciation

Tangible fixed assets held for the company's own use are stated at cost less accumulated depreciation and accumulated impairment losses.

At each balance sheet date, the company reviews the carrying amount of its tangible fixed assets to determine whether there is any indication that any items have suffered an impairment loss. If any such indication exists, the recoverable amount of an asset is estimated in order to determine the extent of the impairment loss.

Depreciation is provided at the following annual rates in order to write off the cost or valuation less the estimated residual value of each asset over its estimated useful life:

Furniture, fittings and equipment

33.33%% Straight line

Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method, less impairment losses for bad and doubtful debts.

Trade and other creditors

Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Provisions

Provisions are made where an event has taken place that gives the Company a legal or constructive obligation that probably requires settlement by a transfer of economic benefit, and a reliable estimate can be made of the amount of the obligation.

Provisions are charged as an expense to the profit and loss account in the year that the Company becomes aware of the obligation, and are measured at the best estimate at balance sheet date of the expenditure required to settle the obligation, taking into account relevant risks and uncertainties.

When payments are eventually made, they are charged to the provision carried in the balance sheet.

3	Employees
			2025	2024
			Number	Number
		The average monthly number of employees (including directors) during the year was:	5	5

4	Intangible fixed assets
			Other	Total
			£	£
		Cost
		At 1 April 2024	89,178	89,178


		At 31 March 2025	89,178	89,178
		Amortisation and impairment
		At 1 April 2024	43,564	43,564
		Charge for the year	8,918	8,918


		At 31 March 2025	52,482	52,482
		Net book values
		At 31 March 2025	36,696	36,696
		At 31 March 2024	45,614	45,614

5	Tangible fixed assets
			Land and buildings	Fixtures, fittings and equipment	Total
			£	£	£
		Cost or revaluation
		At 1 April 2024	52,500	163,996	216,496
		Additions	-	356	356



		At 31 March 2025	52,500	164,352	216,852
		Depreciation
		At 1 April 2024	52,500	162,453	214,953
		Charge for the year	-	702	702



		At 31 March 2025	52,500	163,155	215,655
		Net book values
		At 31 March 2025	-	1,197	1,197
		At 31 March 2024	-	1,543	1,543

6	Debtors
			2025	2024
			£	£
		Trade debtors	34,367	177,158





		Other debtors	-	1,323
		Prepayments and accrued income	10,881	11,469
			45,248	189,950

7	Creditors:
		amounts falling due within one year
			2025	2024
			£	£




		Trade creditors	14,187	28,826

		Taxes and social security	16,368	41,705

		Other creditors	45,724	65,689
		Accruals and deferred income	165,062	237,454
			241,341	373,674

8	Reserves
			Revaluation Reserve	Total other reserves
			£	£

		Movement on revaluation reserve	182,056	182,056


		At 31 March 2024 and 1 April 2024	182,056	182,056



		At 31 March 2025	182,056	182,056

		Revaluation reserve - reflects the revaluation of property other than investment properties.


		Profit and loss account - includes all current and prior period retained profits and losses.

9	Guarantees and commitments
			2025	2024
			£	£




		Pension commitments, included in above total	1,992	5,985