6 October 2022 false No description of principal activity Taxfiler 2024.5 14402277business:PrivateLimitedCompanyLtd2022-10-062023-10-31 144022772022-10-05 144022772022-10-062023-10-31 14402277business:AuditExemptWithAccountantsReport2022-10-062023-10-31 14402277business:FilletedAccounts2022-10-062023-10-31 144022772023-10-31 14402277core:WithinOneYear2023-10-31 14402277core:ShareCapitalcore:PreviouslyStatedAmount2023-10-31 14402277core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-10-31 14402277core:PreviouslyStatedAmount2023-10-31 14402277business:SmallEntities2022-10-062023-10-31 14402277business:Director22022-10-062023-10-31 14402277countries:EnglandWales2022-10-062023-10-31 14402277business:RegisteredOffice2022-10-062023-10-31 14402277core:ComputerEquipment2022-10-062023-10-31 14402277core:ComputerEquipment2022-10-05 14402277core:ComputerEquipment2023-10-31 iso4217:GBP xbrli:pure
Company Registration No. 14402277 (England and Wales)
Sports Group International Uk Limited Unaudited accounts for the period from 6 October 2022 to 31 October 2023
Sports Group International Uk Limited Statement of financial position as at 31 October 2023
2023 
Notes
£ 
Fixed assets
Tangible assets
2,438 
Current assets
Debtors
35,153 
Cash at bank and in hand
1,830 
36,983 
Creditors: amounts falling due within one year
(8,140)
Net current assets
28,843 
Net assets
31,281 
Capital and reserves
Called up share capital
100 
Profit and loss account
31,181 
Shareholders' funds
31,281 
For the period ending 31 October 2023 the company was entitled to exemption from audit 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.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 2 October 2024 and were signed on its behalf by
David Hay Director Company Registration No. 14402277
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Sports Group International Uk Limited Notes to the Accounts for the period from 6 October 2022 to 31 October 2023
1
Statutory information
Sports Group International Uk Limited is a private company, limited by shares, registered in England and Wales, registration number 14402277. The registered office is Curtis House, 34 Third Avenue, Hove, BN3 2PD, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
These financial statements for the period from 6 October 2022 to 31 October 2023 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 6 October 2022. The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously. The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
20% Straight line
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 6 October 2022
- 
Additions
3,047 
At 31 October 2023
3,047 
Depreciation
Charge for the period
609 
At 31 October 2023
609 
Net book value
At 31 October 2023
2,438 
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Sports Group International Uk Limited Notes to the Accounts for the period from 6 October 2022 to 31 October 2023
5
Debtors
2023 
£ 
Amounts falling due within one year
Trade debtors
35,153 
6
Creditors: amounts falling due within one year
2023 
£ 
Taxes and social security
6,620 
Other creditors
20 
Accruals
1,500 
8,140 
7
Pension commitments
The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension scheme under which the Company pays fixed contributions in to a separate entity. Once the contributions have been paid the Company has no further payment obligations. The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in other creditors as a liability in the Statement of Financial Position.The assets of the plan are held separately from the Company in independently administered funds.
8
Average number of employees
During the period the average number of employees was 4.
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