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REGISTERED NUMBER: 05105339 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2024

FOR

UK SPORTS PRODUCTS LIMITED

UK SPORTS PRODUCTS LIMITED (REGISTERED NUMBER: 05105339)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


UK SPORTS PRODUCTS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 APRIL 2024







DIRECTOR: L White





SECRETARY: G White





REGISTERED OFFICE: 59a Day's Lane
Biddenham
Bedford
Bedfordshire
MK40 4AE





REGISTERED NUMBER: 05105339 (England and Wales)





ACCOUNTANTS: 80K Limited
59a Day's Lane
Biddenham
Bedford
Bedfordshire
MK40 4AE

UK SPORTS PRODUCTS LIMITED (REGISTERED NUMBER: 05105339)

BALANCE SHEET
30 APRIL 2024

2024 2023
Notes £    £   
FIXED ASSETS
Tangible assets 4 129,430 142,260

CURRENT ASSETS
Stocks 67,927 73,634
Debtors 5 198,946 229,301
Cash at bank and in hand 36,595 1,894
303,468 304,829
CREDITORS
Amounts falling due within one year 6 (333,676 ) (286,194 )
NET CURRENT (LIABILITIES)/ASSETS (30,208 ) 18,635
TOTAL ASSETS LESS CURRENT
LIABILITIES

99,222

160,895

CREDITORS
Amounts falling due after more than one
year

7

(123,814

)

(159,062

)
NET (LIABILITIES)/ASSETS (24,592 ) 1,833

CAPITAL AND RESERVES
Called up share capital 104 104
Retained earnings (24,696 ) 1,729
SHAREHOLDERS' FUNDS (24,592 ) 1,833

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 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.

UK SPORTS PRODUCTS LIMITED (REGISTERED NUMBER: 05105339)

BALANCE SHEET - continued
30 APRIL 2024


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 director and authorised for issue on 16 January 2025 and were signed by:





L White - Director


UK SPORTS PRODUCTS LIMITED (REGISTERED NUMBER: 05105339)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

1. STATUTORY INFORMATION

UK Sports Products 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 represents net invoiced sales of products and services , excluding value added tax.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2023 - 3 ) .

4. TANGIBLE FIXED ASSETS
Plant and Motor Computer
machinery vehicles equipment Totals
£    £    £    £   
COST
At 1 May 2023 191,177 56,490 5,308 252,975
Additions 15,300 10,330 1,203 26,833
At 30 April 2024 206,477 66,820 6,511 279,808
DEPRECIATION
At 1 May 2023 73,534 34,276 2,905 110,715
Charge for year 32,604 6,201 858 39,663
At 30 April 2024 106,138 40,477 3,763 150,378
NET BOOK VALUE
At 30 April 2024 100,339 26,343 2,748 129,430
At 30 April 2023 117,643 22,214 2,403 142,260

UK SPORTS PRODUCTS LIMITED (REGISTERED NUMBER: 05105339)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2024

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 128,467 121,347
Other debtors 25,637 25,637
Directors' current accounts 39,882 10,674
Corporation tax 112 5,698
Prepayments and accrued income 4,848 65,945
198,946 229,301

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 27,138 41,235
Other loans 32,666 27,054
Trade creditors 97,276 99,634
Social security and other taxes 1,686 2,730
Pension contributions 615 377
VAT 71,837 79,506
Other creditors (720 ) 27,023
Accruals and deferred income 103,178 8,635
333,676 286,194

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans - 2-5 years 33,754 50,000
Other loans - 2-5 years 90,060 109,062
123,814 159,062

8. ULTIMATE CONTROLLING PARTY

The controlling party is L White.