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REGISTERED NUMBER: 06421307 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023

FOR

BD SPORT LTD

BD SPORT LTD (REGISTERED NUMBER: 06421307)






CONTENTS OF THE FINANCIAL STATEMENTS
for the year ended 31 December 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


BD SPORT LTD

COMPANY INFORMATION
for the year ended 31 December 2023







DIRECTORS: Mr T F Warwick
Mr D Lewis





REGISTERED OFFICE: 17 St Peters Place
Fleetwood
Lancashire
FY7 6EB





REGISTERED NUMBER: 06421307 (England and Wales)





ACCOUNTANTS: Jones Harris Limited
17 St Peters Place
Fleetwood
Lancashire
FY7 6EB

BD SPORT LTD (REGISTERED NUMBER: 06421307)

BALANCE SHEET
31 December 2023

2023 2022
Notes £    £   
FIXED ASSETS
Tangible assets 4 29,216 49,890

CURRENT ASSETS
Debtors 5 59,355 82,499
Cash at bank 4,813 27,376
64,168 109,875
CREDITORS
Amounts falling due within one year 6 (281,894 ) (141,991 )
NET CURRENT LIABILITIES (217,726 ) (32,116 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(188,510

)

17,774

PROVISIONS FOR LIABILITIES (3,653 ) (7,165 )
NET (LIABILITIES)/ASSETS (192,163 ) 10,609

CAPITAL AND RESERVES
Called up share capital 300 300
Retained earnings (192,463 ) 10,309
SHAREHOLDERS' FUNDS (192,163 ) 10,609

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2023 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 22 August 2024 and were signed on its behalf by:



Mr T F Warwick - Director


BD SPORT LTD (REGISTERED NUMBER: 06421307)

NOTES TO THE FINANCIAL STATEMENTS
for the year ended 31 December 2023

1. STATUTORY INFORMATION

BD Sport Ltd 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.

The company's balance sheet shows an excess of liabilities over assets of £192,163 and net current liabilities of £217,726.
The company is dependent upon the continuing support of its directors and other creditors to enable it to meet its day to day working capital requirements.
On this basis the financial statements have been prepared on the going concern basis. The financial statements do not include any adjustments that would result from the withdrawal of the support of the creditors.

Turnover
Turnover represents the value of services provided under contracts to the extent that there is a right to consideration and is recorded at the value of the consideration due. Where a contract has only been partially completed at the balance sheet date turnover represents the value of the service provided to date based on a proportion of the total expected consideration at completion. Where payments are received from customers in advance of services provided, the amounts are recorded as deferred income and included as part of creditors due within one year.

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 - 20% on reducing balance
Motor vehicles - 20% on reducing balance
Computer equipment - 33% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

BD SPORT LTD (REGISTERED NUMBER: 06421307)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 31 December 2023

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 8 (2022 - 9 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
and Motor Computer
fittings vehicles equipment Totals
£    £    £    £   
COST
At 1 January 2023
and 31 December 2023 98,649 48,207 531,747 678,603
DEPRECIATION
At 1 January 2023 80,473 41,403 506,837 628,713
Charge for year 3,635 1,361 15,678 20,674
At 31 December 2023 84,108 42,764 522,515 649,387
NET BOOK VALUE
At 31 December 2023 14,541 5,443 9,232 29,216
At 31 December 2022 18,176 6,804 24,910 49,890

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 59,355 46,834
Amounts owed by group undertakings - 35,665
59,355 82,499

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 24,939 8,376
Amounts owed to group undertakings 111,604 -
Tax - 1
Social security and other taxes 11,417 51,235
VAT 2,244 3,181
Directors' current accounts 116,821 70,000
Accruals and deferred income 14,869 9,198
281,894 141,991