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 2018

Period of accounts

Start date: 01 May 2017

End date: 30 April 2018

LEISURE TECHNIQUE LIMITED

Contents of the Financial Statements

for the Period Ended 30 April 2018

Balance sheet
Notes

LEISURE TECHNIQUE LIMITED

Balance sheet

As at 30 April 2018


Notes
2018
2017


£
£
Fixed assets
Tangible assets: 3 263,608 264,415
Total fixed assets: 263,608 264,415
Current assets
Stocks: 109,588 170,724
Debtors:   772,324 598,736
Cash at bank and in hand: 668,946 893,960
Total current assets: 1,550,858 1,663,420
Creditors: amounts falling due within one year: 4 (726,443) (654,410)
Net current assets (liabilities): 824,415 1,009,010
Total assets less current liabilities: 1,088,023 1,273,425
Creditors: amounts falling due after more than one year: 5 (82,214) (82,214)
Total net assets (liabilities): 1,005,809 1,191,211
Capital and reserves
Called up share capital: 800 800
Profit and loss account: 1,005,009 1,190,411
Shareholders funds: 1,005,809 1,191,211

The notes form part of these financial statements

LEISURE TECHNIQUE LIMITED

Balance sheet statements

For the year ending 30 April 2018 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 12 October 2018
and signed on behalf of the board by:

Name: Mr 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 2018

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

Leashold property amortised 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 2018

2. Employees

2018 2017
Average number of employees during the period 50 50

LEISURE TECHNIQUE LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2018

3. Tangible Assets

Total
Cost £
At 01 May 2017 2,733,827
Additions 61,960
Disposals (20,460)
At 30 April 2018 2,775,327
Depreciation
At 01 May 2017 2,469,412
Charge for year 55,474
On disposals (13,167)
At 30 April 2018 2,511,719
Net book value
At 30 April 2018 263,608
At 30 April 2017 264,415

LEISURE TECHNIQUE LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2018

4. Creditors: amounts falling due within one year note

2018 2017 £ £Bank loans and overdrafts 94797 142024 Trade creditors 190057 252795Taxation and social security 115078 125921Other creditors 326511 133670 726443 654410

LEISURE TECHNIQUE LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2018

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

2018 2017 £ £Other creditors 82214 82214

LEISURE TECHNIQUE LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2018

6. Related party transactions

During the year the company traded with Lazenbys Limited, in which Mr W Neale has a controlling interest. Purchases from Lazenbys Limited amounted to £ 68,054 ( 2017 £ 80,449 ).