Silverfin false false 31/08/2024 08/03/2023 31/08/2024 Mr D M I Ainsworth 08/03/2023 07 February 2025 The principal activity of the Company during the period was the sale of sports and fitness clothing. 14717434 2024-08-31 14717434 bus:Director1 2024-08-31 14717434 core:CurrentFinancialInstruments 2024-08-31 14717434 core:RetainedEarningsAccumulatedLosses 2024-08-31 14717434 2023-03-08 2024-08-31 14717434 bus:FilletedAccounts 2023-03-08 2024-08-31 14717434 bus:SmallEntities 2023-03-08 2024-08-31 14717434 bus:AuditExemptWithAccountantsReport 2023-03-08 2024-08-31 14717434 bus:CompanyLimitedByGuarantee 2023-03-08 2024-08-31 14717434 bus:Director1 2023-03-08 2024-08-31 iso4217:GBP xbrli:pure

Company No: 14717434 (England and Wales)

SPORTSS UK LTD



UNAUDITED FINANCIAL STATEMENTS
FOR THE FINANCIAL PERIOD FROM 08 MARCH 2023 TO 31 AUGUST 2024
PAGES FOR FILING WITH THE REGISTRAR

SPORTSS UK LTD

UNAUDITED FINANCIAL STATEMENTS

FOR THE FINANCIAL PERIOD FROM 08 MARCH 2023 TO 31 AUGUST 2024

Contents

SPORTSS UK LTD

COMPANY INFORMATION

FOR THE FINANCIAL PERIOD FROM 08 MARCH 2023 TO 31 AUGUST 2024
SPORTSS UK LTD

COMPANY INFORMATION (continued)

FOR THE FINANCIAL PERIOD FROM 08 MARCH 2023 TO 31 AUGUST 2024
DIRECTOR Mr D M I Ainsworth (Appointed 08 March 2023)
REGISTERED OFFICE Cunliffe Moss Farm Saccary Lane
Mellor
Blackburn
BB1 9DL
United Kingdom
COMPANY NUMBER 14717434 (England and Wales)
CHARTERED ACCOUNTANTS PM+M Solutions for Business LLP
New Century House
Greenbank Technology Park
Challenge Way
Blackburn
BB1 5QB
SPORTSS UK LTD

BALANCE SHEET

AS AT 31 AUGUST 2024
SPORTSS UK LTD

BALANCE SHEET (continued)

AS AT 31 AUGUST 2024
Note 31.08.2024
£
Current assets
Cash at bank and in hand 6,673
6,673
Creditors: amounts falling due within one year 4 ( 5,945)
Net current assets 728
Total assets less current liabilities 728
Net assets 728
Reserves
Profit and loss account 728
Total reserves 728

For the financial period ending 31 August 2024 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

These financial statements have been prepared in accordance with the provisions of FRS 102 Section 1A – small entities. The financial statements of Sportss UK Ltd (registered number: 14717434) were approved and authorised for issue by the Director on 07 February 2025. They were signed on its behalf by:

Mr D M I Ainsworth
Director
SPORTSS UK LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE FINANCIAL PERIOD FROM 08 MARCH 2023 TO 31 AUGUST 2024
SPORTSS UK LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE FINANCIAL PERIOD FROM 08 MARCH 2023 TO 31 AUGUST 2024
1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial period, unless otherwise stated.

General information and basis of accounting

Sportss UK Ltd (the Company) is a private company, limited by guarantee, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Cunliffe Moss Farm Saccary Lane, Mellor, Blackburn, BB1 9DL, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Going concern

In 2024 the director made the decision that the Company would cease trading. As a result the financial statements have been prepared on a basis other than the going concern basis of preparation. The directors have included in the financial statements any provision for future costs of terminating the business, which were committed to at the balance sheet date and where appropriate the Company's assets have been written down to their net realisable value.

Reporting period length

The financial statements are presented for a period longer than one year to report on the entire trading period together.

Turnover

Turnover is recognised when the significant risks and rewards are considered to have been transferred to the buyer. Turnover from the sale of goods is recognised when the goods are physically delivered to the customer.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in creditors: amounts falling due within one year.

Trade and other creditors

Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost.

2. Critical accounting judgements and key sources of estimation uncertainty

In the application of the Company’s accounting policies, the director is required to make judgements that have a significant impact on the amounts recognised. The following are the critical judgements that the director has made in the process of applying the Company’s accounting policies and that have the most significant effect on the amounts recognised in the financial statements.

3. Employees

Period from
08.03.2023 to
31.08.2024
Number
Monthly average number of persons employed by the Company during the period, including the director 1

4. Creditors: amounts falling due within one year

31.08.2024
£
Taxation and social security 174
Other creditors 5,771
5,945

5. Liability of members

The members of the Sportss UK Ltd have undertaken to contribute a sum not exceeding £1 each to meet the liabilities of the Company if it should be wound up.