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REGISTERED NUMBER: 10342535 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2024

FOR

FRANCINA SPORTS MANAGEMENT LTD

FRANCINA SPORTS MANAGEMENT LTD (REGISTERED NUMBER: 10342535)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024










Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


FRANCINA SPORTS MANAGEMENT LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 AUGUST 2024







DIRECTOR: G Wijnaldum





REGISTERED OFFICE: First Floor
Black Country House
Rounds Green Road
Oldbury
West Midlands
B69 2DG





REGISTERED NUMBER: 10342535 (England and Wales)





ACCOUNTANTS: Crowe U.K. LLP
Black Country House
Rounds Green Road
Oldbury
West Midlands
B69 2DG

FRANCINA SPORTS MANAGEMENT LTD (REGISTERED NUMBER: 10342535)

STATEMENT OF FINANCIAL POSITION
31 AUGUST 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 5,259 8,971

CURRENT ASSETS
Debtors 5 6,061 139,163
Cash at bank 689,765 987,633
695,826 1,126,796
CREDITORS
Amounts falling due within one year 6 4,000 2,807
NET CURRENT ASSETS 691,826 1,123,989
TOTAL ASSETS LESS CURRENT
LIABILITIES

697,085

1,132,960

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 696,985 1,132,860
SHAREHOLDERS' FUNDS 697,085 1,132,960

FRANCINA SPORTS MANAGEMENT LTD (REGISTERED NUMBER: 10342535)

STATEMENT OF FINANCIAL POSITION - continued
31 AUGUST 2024


The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 1 November 2024 and were signed by:





G Wijnaldum - Director


FRANCINA SPORTS MANAGEMENT LTD (REGISTERED NUMBER: 10342535)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024


1. STATUTORY INFORMATION

Francina Sports Management 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.

During the period, the company changed its registered office from Evelyn Partners Llp 14th Floor 103 Colmore Row Birmingham B3 3AG England to the address disclosed on the General 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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Financial instruments
The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, and loans to related parties.

Short term debtors are measured at the transaction price, less any impairment.

Short term creditors are measured at the transaction price.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

FRANCINA SPORTS MANAGEMENT LTD (REGISTERED NUMBER: 10342535)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 AUGUST 2024


4. TANGIBLE FIXED ASSETS
Office
equipment
£   
COST
At 1 September 2023
and 31 August 2024 18,560
DEPRECIATION
At 1 September 2023 9,589
Charge for year 3,712
At 31 August 2024 13,301
NET BOOK VALUE
At 31 August 2024 5,259
At 31 August 2023 8,971

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 6,061 139,163

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 1,860 807
Other creditors 2,140 2,000
4,000 2,807