BAY LEISURE LIMITED

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

Accounting basis

FRS 102

Reporting scope

Consolidated group

Auditor

Xeinadin Audit Limited

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“We draw attention to Note 3 -Going concern to the financial statements, which explains that the Charity ceased its gym operations in March 2024. Despite this, the Trustees have prepared the financial statements on a going concern basis, as they do not currently have any plans to dissolve or wind up the Charity for the foreseeable future.”

Group structure

1. BAY LEISURE LIMITED · parent
   1. Simply Leisure Ltd 100%

Significant events

• “The sale to JD Sports and closure of Simply Gym Cardiff Bay were concluded by the organisation prior year. The transactions maximised the available return to the Charity on the assets held and allowed the organisation to exit a market which was becoming increasingly competitive and posed significant risks to continuing viability.”
• “During the year ended 31 March 2025, the charity remained inactive, having completed the disposal of its gym assets to JD Sports in prior year. The residual transactions and cash flows in the year primarily related to the settlement and receipt of amounts arising from that disposal.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

6

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  —

  Not reported

• Cash

  -15.8%

  £3,366,212 → £2,833,197

• Net assets

  -17%

  £3,350,812 → £2,782,145

• Employees

  -91.7%

  60 → 5

• Wages

  -89.2%

  £1,093,963 → £118,238

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers