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REGISTERED NUMBER: 11231648 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2023

FOR

SPORTING TOUCH LIMITED

SPORTING TOUCH LIMITED (REGISTERED NUMBER: 11231648)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


SPORTING TOUCH LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 SEPTEMBER 2023







DIRECTORS: Mr M Bradbury
Mrs M E Bradbury





REGISTERED OFFICE: Gethin House
36 Bond Street
Nuneaton
Warwickshire
CV11 4DA





REGISTERED NUMBER: 11231648 (England and Wales)





ACCOUNTANTS: Armstrongs Bishop Simmons
Chartered Accountants and Tax Advisors
Gethin House
36 Bond Street
Nuneaton
Warwickshire
CV11 4DA

SPORTING TOUCH LIMITED (REGISTERED NUMBER: 11231648)

BALANCE SHEET
30 SEPTEMBER 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 17,632 24,097

CURRENT ASSETS
Stocks 218,994 187,180
Debtors 5 121,746 292,331
Cash at bank 7,744 9,383
348,484 488,894
CREDITORS
Amounts falling due within one year 6 315,965 443,275
NET CURRENT ASSETS 32,519 45,619
TOTAL ASSETS LESS CURRENT
LIABILITIES

50,151

69,716

CREDITORS
Amounts falling due after more than one
year

7

(20,833

)

(26,667

)

PROVISIONS FOR LIABILITIES (2,371 ) (4,578 )
NET ASSETS 26,947 38,471

CAPITAL AND RESERVES
Called up share capital 300 300
Retained earnings 26,647 38,171
26,947 38,471

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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.

SPORTING TOUCH LIMITED (REGISTERED NUMBER: 11231648)

BALANCE SHEET - continued
30 SEPTEMBER 2023


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 11 September 2024 and were signed on its behalf by:





Mr M Bradbury - Director


SPORTING TOUCH LIMITED (REGISTERED NUMBER: 11231648)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2023

1. STATUTORY INFORMATION

Sporting Touch 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 25% on reducing balance
Fixtures and fittings - 25% on reducing balance
Motor vehicles - 25% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

SPORTING TOUCH LIMITED (REGISTERED NUMBER: 11231648)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2023

2. ACCOUNTING POLICIES - continued

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 12 (2022 - 12 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor
machinery fittings vehicles Totals
£    £    £    £   
COST
At 1 October 2022 42,122 25,222 2,681 70,025
Additions 120 - - 120
Disposals - - (2,681 ) (2,681 )
At 30 September 2023 42,242 25,222 - 67,464
DEPRECIATION
At 1 October 2022 29,884 14,070 1,974 45,928
Charge for year 3,090 2,788 - 5,878
Eliminated on disposal - - (1,974 ) (1,974 )
At 30 September 2023 32,974 16,858 - 49,832
NET BOOK VALUE
At 30 September 2023 9,268 8,364 - 17,632
At 30 September 2022 12,238 11,152 707 24,097

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 119,985 271,554
Other debtors 1,761 20,777
121,746 292,331

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 22,575 10,000
Trade creditors 202,946 305,311
Taxation and social security 43,938 23,790
Other creditors 46,506 104,174
315,965 443,275

SPORTING TOUCH LIMITED (REGISTERED NUMBER: 11231648)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2023

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Bank loans 20,833 26,667

8. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 September 2023 and 30 September 2022:

2023 2022
£    £   
Mr M Bradbury
Balance outstanding at start of year 17,246 (31,000 )
Amounts advanced - 48,558
Amounts repaid (17,246 ) (312 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year - 17,246