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 2021

Period of accounts

Start date: 01 May 2020

End date: 30 April 2021

LEISURE TECHNIQUE LIMITED

Contents of the Financial Statements

for the Period Ended 30 April 2021

Balance sheet
Notes

LEISURE TECHNIQUE LIMITED

Balance sheet

As at 30 April 2021


Notes
2021
2020


£
£
Fixed assets
Tangible assets: 3 127,139 173,193
Total fixed assets: 127,139 173,193
Current assets
Stocks: 153,207 124,083
Debtors:   1,006,680 1,892,328
Cash at bank and in hand: 1,029,630 302,044
Total current assets: 2,189,517 2,318,455
Creditors: amounts falling due within one year: 4 (1,054,981) (1,520,782)
Net current assets (liabilities): 1,134,536 797,673
Total assets less current liabilities: 1,261,675 970,866
Creditors: amounts falling due after more than one year: 5 (262,214) (82,214)
Total net assets (liabilities): 999,461 888,652
Capital and reserves
Called up share capital: 800 800
Profit and loss account: 998,661 887,852
Shareholders funds: 999,461 888,652

The notes form part of these financial statements

LEISURE TECHNIQUE LIMITED

Balance sheet statements

For the year ending 30 April 2021 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 28 July 2021
and signed on behalf of the board by:

Name: N A Sewell
Status: Director

The notes form part of these financial statements

LEISURE TECHNIQUE LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2021

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 considerationreceived 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 reducing balance. Motor vehicles 25% on reducing balance.

LEISURE TECHNIQUE LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2021

2. Employees

2021 2020
Average number of employees during the period 34 37

LEISURE TECHNIQUE LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2021

3. Tangible Assets

Total
Cost £
At 01 May 2020 2,769,647
Disposals (65,156)
At 30 April 2021 2,704,491
Depreciation
At 01 May 2020 2,596,454
Charge for year 30,989
On disposals (50,091)
At 30 April 2021 2,577,352
Net book value
At 30 April 2021 127,139
At 30 April 2020 173,193

LEISURE TECHNIQUE LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2021

4. Creditors: amounts falling due within one year note

2021 2020 £ £Bank loans and overdrafts 189984 222050Trade creditors 233530 965123Taxation and social security 393210 173025Other creditors 238257 160584 1054981 1520782

LEISURE TECHNIQUE LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2021

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

2021 2020 £ £Bank loans 180,000 -Other creditors 82214 82214 262214 82214

LEISURE TECHNIQUE LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2021

6. Related party transactions

Name of the related party: W Neale
Relationship:
Shareholder
Description of the Transaction: Shareholder loan to company.
£
Balance at 01 May 2020 228,686
Balance at 30 April 2021 228,686