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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
Page
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Pro Performance Sports Network Ltd Company Information for the year ended 31 May 2024
Director
Heather Coates
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
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Pro Performance Sports Network Ltd Statement of financial position as at 31 May 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
832 
1,665 
Current assets
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 
Net assets
48,452 
37,691 
Capital and reserves
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
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Pro Performance Sports Network Ltd Notes to the Accounts for the year ended 31 May 2024
1
Statutory information
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.
3
Accounting policies
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.
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
33% Straight Forward
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 June 2023
2,498 
At 31 May 2024
2,498 
Depreciation
At 1 June 2023
833 
Charge for the year
833 
At 31 May 2024
1,666 
Net book value
At 31 May 2024
832 
At 31 May 2023
1,665 
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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 
Other creditors
975 
900 
8,151 
10,723 
6
Average number of employees
During the year the average number of employees was 2 (2023: 2).
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