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REGISTERED NUMBER: 09107062 (England and Wales)









Unaudited Financial Statements

for the Year Ended 31 August 2024

for

The PE & Sports Hub Limited

The PE & Sports Hub Limited (Registered number: 09107062)






Contents of the Financial Statements
for the Year Ended 31 August 2024




Page

Balance Sheet 1

Notes to the Financial Statements 2


The PE & Sports Hub Limited (Registered number: 09107062)

Balance Sheet
31 August 2024

31.8.24 31.8.23
Notes £    £   
FIXED ASSETS
Tangible assets 4 10,995 14,922

CURRENT ASSETS
Debtors 5 13,838 4,204
Cash at bank 39,441 38,400
53,279 42,604
CREDITORS
Amounts falling due within one year 6 (46,169 ) (40,732 )
NET CURRENT ASSETS 7,110 1,872
TOTAL ASSETS LESS CURRENT LIABILITIES 18,105 16,794

CREDITORS
Amounts falling due after more than one
year

7

(16,874

)

(27,648

)
NET ASSETS/(LIABILITIES) 1,231 (10,854 )

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 1,230 (10,855 )
SHAREHOLDERS' FUNDS 1,231 (10,854 )

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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 14 January 2025 and were signed by:



Mr D J Newall - Director


The PE & Sports Hub Limited (Registered number: 09107062)

Notes to the Financial Statements
for the Year Ended 31 August 2024

1. STATUTORY INFORMATION

The PE & Sports Hub Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 09107062

Registered office: Crossford Bridge Pavilion
Danefield Road
Sale
Manchester
M33 7WR

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, net of VAT and trade discounts.

When the outcome of a transaction can be estimated reliably, turnover from services is recognised by reference to the stage of completion at the balance sheet date. Stage of completion is measured by reference to finalisation of work completed.

Where the outcome cannot be measured reliably, turnover is recognised only to the extent of the expenses recognised that are recoverable.

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 - 25% on reducing balance
Fixtures and fittings - 25% on reducing balance
Computer equipment - 33% on cost

Taxation
Taxation for the year comprises current 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 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.

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 13 (2023 - 15 ) .

The PE & Sports Hub Limited (Registered number: 09107062)

Notes to the Financial Statements - continued
for the Year Ended 31 August 2024

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Computer
machinery fittings equipment Totals
£    £    £    £   
COST
At 1 September 2023 27,883 190 9,375 37,448
Additions - - 415 415
At 31 August 2024 27,883 190 9,790 37,863
DEPRECIATION
At 1 September 2023 14,146 169 8,211 22,526
Charge for year 3,435 5 902 4,342
At 31 August 2024 17,581 174 9,113 26,868
NET BOOK VALUE
At 31 August 2024 10,302 16 677 10,995
At 31 August 2023 13,737 21 1,164 14,922

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.24 31.8.23
£    £   
Trade debtors 12,662 200
Other debtors 1,176 4,004
13,838 4,204

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.24 31.8.23
£    £   
Bank loans and overdrafts 10,125 10,418
Taxation and social security 8,984 2,920
Other creditors 27,060 27,394
46,169 40,732

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.8.24 31.8.23
£    £   
Bank loans 16,874 27,648