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REGISTERED NUMBER: 15077199 (England and Wales)










UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 16 AUGUST 2023 TO 31 AUGUST 2024

FOR

MY SPORT TIMES LIMITED

MY SPORT TIMES LIMITED (REGISTERED NUMBER: 15077199)

CONTENTS OF THE FINANCIAL STATEMENTS
for the Period 16 August 2023 to 31 August 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


MY SPORT TIMES LIMITED

COMPANY INFORMATION
for the Period 16 August 2023 to 31 August 2024







DIRECTORS: C R Griffin
R Sharman





SECRETARY: Mrs T Sharman





REGISTERED OFFICE: The Gatehouse Walcote House Sandy Lane
Blackdown
Leamington Spa
CV32 6QS





REGISTERED NUMBER: 15077199 (England and Wales)





ACCOUNTANTS: Bernard Rogers & Co
Bank Gallery
High Street
Kenilworth
Warwickshire
CV8 1LY

MY SPORT TIMES LIMITED (REGISTERED NUMBER: 15077199)

BALANCE SHEET
31 August 2024

Notes £   
CURRENT ASSETS
Debtors 4 14,214
Cash at bank 235
14,449
CREDITORS
Amounts falling due within one year 5 16,784
NET CURRENT LIABILITIES (2,335 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(2,335

)

CAPITAL AND RESERVES
Called up share capital 1
Retained earnings (2,336 )
(2,335 )

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

The members have not required the company to obtain an audit of its financial statements for the period ended 31 August 2024 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.

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 20 November 2024 and were signed on its behalf by:




R Sharman - Director



C R Griffin - Director


MY SPORT TIMES LIMITED (REGISTERED NUMBER: 15077199)

NOTES TO THE FINANCIAL STATEMENTS
for the Period 16 August 2023 to 31 August 2024


1. STATUTORY INFORMATION

My Sport Times 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.

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.

Taxation
Taxation for the period 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 period 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.

Going concern
The financial statements are prepared on a going concern basis. This assumes that the company will continue in operational existence for the foreseeable future, due to the continued support of its directors.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was NIL.

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Other debtors 14,214

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Other creditors 16,784

MY SPORT TIMES LIMITED (REGISTERED NUMBER: 15077199)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Period 16 August 2023 to 31 August 2024


6. RELATED PARTY DISCLOSURES

At 31 August 2024 other creditors include loans made to the company by its directors as follows:


£   

C R Griffin 7,895
R Sharman 8,319

The loans are interest free with no fixed date for repayment.

7. CONTROLLING PARTY

The controlling party is the directors.