LEISURE TECHNIQUE LIMITED

LEISURE TECHNIQUE LIMITED

LEISURE TECHNIQUE LIMITED - Company Information

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LEISURE TECHNIQUE LIMITED

Company Registration Number:
02435452 (England and Wales)

Unaudited abridged accounts for the year ended 30 April 2019

Period of accounts

Start date: 01 May 2018

End date: 30 April 2019

LEISURE TECHNIQUE LIMITED

Contents of the Financial Statements

for the Period Ended 30 April 2019

Balance sheet
Notes

LEISURE TECHNIQUE LIMITED

Balance sheet

As at 30 April 2019


Notes
2019
2018


£
£
Fixed assets
Tangible assets: 3 214,299 263,608
Total fixed assets: 214,299 263,608
Current assets
Stocks: 129,058 109,588
Debtors:   1,318,040 772,324
Cash at bank and in hand: 420,064 668,946
Total current assets: 1,867,162 1,550,858
Creditors: amounts falling due within one year: 4 (976,843) (726,443)
Net current assets (liabilities): 890,319 824,415
Total assets less current liabilities: 1,104,618 1,088,023
Creditors: amounts falling due after more than one year: 5 (82,214) (82,214)
Total net assets (liabilities): 1,022,404 1,005,809
Capital and reserves
Called up share capital: 800 800
Profit and loss account: 1,021,604 1,005,009
Shareholders funds: 1,022,404 1,005,809

The notes form part of these financial statements

LEISURE TECHNIQUE LIMITED

Balance sheet statements

For the year ending 30 April 2019 the company was entitled to exemption 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 Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 08 November 2019
and signed on behalf of the board by:

Name: W Neale
Status: Director

The notes form part of these financial statements

LEISURE TECHNIQUE LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2019

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts and value added taxes.

Tangible fixed assets and depreciation policy

Leasehold property amortized at 4% on cost. Plant and machinery 20% on written down value. Motor vehicles 25% on written down value.

LEISURE TECHNIQUE LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2019

2. Employees

2019 2018
Average number of employees during the period 43 50

LEISURE TECHNIQUE LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2019

3. Tangible Assets

Total
Cost £
At 01 May 2018 2,775,327
At 30 April 2019 2,775,327
Depreciation
At 01 May 2018 2,511,719
Charge for year 49,309
At 30 April 2019 2,561,028
Net book value
At 30 April 2019 214,299
At 30 April 2018 263,608

LEISURE TECHNIQUE LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2019

4. Creditors: amounts falling due within one year note

2019 2018 £ £Bank loans and overdrafts 293828 94797Trade creditors 311542 190057Taxation and social security 186975 115078Other creditors 184498 326511 976843 726443

LEISURE TECHNIQUE LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2019

5. Creditors: amounts falling due after more than one year note

2019 2018 £ £Other creditors 82214 82214

LEISURE TECHNIQUE LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2019

6. Related party transactions

Name of the related party: W Neale
Relationship:
Director
Description of the Transaction: Amount owed to the director.
£
Balance at 01 May 2018 161,940
Balance at 30 April 2019 165,571