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REGISTERED NUMBER: 08459010 (England and Wales)















Unaudited Financial Statements For The Year Ended 31 March 2024

for

The Sports Marketing Consultancy Limited

The Sports Marketing Consultancy Limited (Registered number: 08459010)






Contents of the Financial Statements
For The Year Ended 31 March 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


The Sports Marketing Consultancy Limited

Company Information
For The Year Ended 31 March 2024







DIRECTORS: J R Duckworth
C V Duckworth





REGISTERED OFFICE: 65 Nelson Road
New Malden
Surrey
KT3 5EB





REGISTERED NUMBER: 08459010 (England and Wales)





ACCOUNTANTS: Fuller Spurling
Mill House
58 Guildford Street
Chertsey
Surrey
KT16 9BE

The Sports Marketing Consultancy Limited (Registered number: 08459010)

Balance Sheet
31 March 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 39 1,188

CURRENT ASSETS
Debtors 5 20,100 22,357
Cash at bank 153,401 121,503
173,501 143,860
CREDITORS
Amounts falling due within one year 6 28,928 18,607
NET CURRENT ASSETS 144,573 125,253
TOTAL ASSETS LESS CURRENT
LIABILITIES

144,612

126,441

CAPITAL AND RESERVES
Called up share capital 7 2 2
Retained earnings 8 144,610 126,439
SHAREHOLDERS' FUNDS 144,612 126,441

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 28 August 2024 and were signed on its behalf by:



J R Duckworth - Director



C V Duckworth - Director


The Sports Marketing Consultancy Limited (Registered number: 08459010)

Notes to the Financial Statements
For The Year Ended 31 March 2024

1. STATUTORY INFORMATION

The Sports Marketing Consultancy Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

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

Turnover is recognised when projects are completed.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 25% on cost
Computer equipment - 25% on cost

Taxation
Taxation represents the sum of tax currently payable, and deferred tax if material.

The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax, where material, is recognised on all timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Debtors
Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.

Cash at bank and in hand
Cash at bank includes cash and short term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.

Creditors
Creditors, provisions and accrued costs are recognised where the company has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.

The Sports Marketing Consultancy Limited (Registered number: 08459010)

Notes to the Financial Statements - continued
For The Year Ended 31 March 2024

2. ACCOUNTING POLICIES - continued

Financial instruments
The Company only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 April 2023
and 31 March 2024 4,438 2,287 6,725
DEPRECIATION
At 1 April 2023 3,367 2,170 5,537
Charge for year 1,032 117 1,149
At 31 March 2024 4,399 2,287 6,686
NET BOOK VALUE
At 31 March 2024 39 - 39
At 31 March 2023 1,071 117 1,188

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade debtors 20,097 22,354
Other debtors 3 3
20,100 22,357

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Corporation tax 22,804 11,608
VAT 4,150 4,463
Directors' current accounts 629 587
Accrued expenses 1,345 1,949
28,928 18,607

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.3.24 31.3.23
value: £    £   
2 Ordinary £1 2 2

The Sports Marketing Consultancy Limited (Registered number: 08459010)

Notes to the Financial Statements - continued
For The Year Ended 31 March 2024

8. RESERVES
Retained
earnings
£   

At 1 April 2023 126,439
Profit for the year 76,171
Dividends (58,000 )
At 31 March 2024 144,610