Company Registration No. 13428301 (England and Wales)
Pro Performance Sports Network Ltd
Unaudited accounts
for the year ended 31 May 2024
Pro Performance Sports Network Ltd
Unaudited accounts
Contents
Pro Performance Sports Network Ltd
Company Information
for the year ended 31 May 2024
Company Number
13428301 (England and Wales)
Registered Office
167-169 GREAT PORTLAND STREET
5TH FLOOR
LONDON
W1W 5PF
ENGLAND
Accountants
Andrew Rein Accountancy Services
14 The Drive
Buckhurst Hill
Essex
IG9 5RB
Pro Performance Sports Network Ltd
Statement of financial position
as at 31 May 2024
Cash at bank and in hand
55,771
46,749
Creditors: amounts falling due within one year
(8,151)
(10,723)
Net current assets
47,620
36,026
Called up share capital
2
2
Profit and loss account
48,450
37,689
Shareholders' funds
48,452
37,691
For the year ending 31 May 2024 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 director acknowledges her 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 and authorised for issue on 27 September 2024 and were signed on its behalf by
Heather Coates
Director
Company Registration No. 13428301
Pro Performance Sports Network Ltd
Notes to the Accounts
for the year ended 31 May 2024
Pro Performance Sports Network Ltd is a private company, limited by shares, registered in England and Wales, registration number 13428301. The registered office is 167-169 GREAT PORTLAND STREET , 5TH FLOOR, LONDON, W1W 5PF, 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.
These financial statements for the year ended 31 May 2024 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 June 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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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
33% Straight Forward
4
Tangible fixed assets
Computer equipment
Pro Performance Sports Network Ltd
Notes to the Accounts
for the year ended 31 May 2024
5
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
7,176
9,823
6
Average number of employees
During the year the average number of employees was 2 (2023: 2).