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Company Registration No. 08546089 (England and Wales)
MANSFIELD SPORTS GROUP LIMITED Unaudited accounts for the year ended 31 May 2024
MANSFIELD SPORTS GROUP LIMITED Company Information for the year ended 31 May 2024
Director
Richard Mansfield
Company Number
08546089 (England and Wales)
Registered Office
Mansfield Sports Group Unit 1 Chessington Trade Park, 60 Cox Lane Chessington Surrey KT9 1TW England
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MANSFIELD SPORTS GROUP LIMITED Statement of financial position as at 31 May 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
232,481 
251,552 
Current assets
Inventories
312,500 
333,860 
Debtors
66,158 
91,739 
Cash at bank and in hand
6,048 
- 
384,706 
425,599 
Creditors: amounts falling due within one year
(11,130)
(14,398)
Net current assets
373,576 
411,201 
Total assets less current liabilities
606,057 
662,753 
Creditors: amounts falling due after more than one year
(484,008)
(549,486)
Net assets
122,049 
113,267 
Capital and reserves
Called up share capital
100 
100 
Share premium
68,200 
68,200 
Profit and loss account
53,749 
44,967 
Shareholders' funds
122,049 
113,267 
For the year ending 31 May 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 18 February 2025 and were signed on its behalf by
Richard Mansfield Director Company Registration No. 08546089
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MANSFIELD SPORTS GROUP LIMITED Notes to the Accounts for the year ended 31 May 2024
1
Statutory information
MANSFIELD SPORTS GROUP LIMITED is a private company, limited by shares, registered in England and Wales, registration number 08546089. The registered office is Mansfield Sports Group, Unit 1, Chessington Trade Park, 60 Cox Lane, Chessington, Surrey, KT9 1TW, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Plant & machinery 
Fixtures & fittings 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 June 2023
106,181 
259,783 
365,964 
Additions
14,607 
15,222 
29,829 
At 31 May 2024
120,788 
275,005 
395,793 
Depreciation
At 1 June 2023
52,370 
62,042 
114,412 
Charge for the year
25,825 
23,075 
48,900 
At 31 May 2024
78,195 
85,117 
163,312 
Net book value
At 31 May 2024
42,593 
189,888 
232,481 
At 31 May 2023
53,811 
197,741 
251,552 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
6,158 
6,739 
Trade debtors
13,000 
25,000 
Accrued income and prepayments
47,000 
60,000 
66,158 
91,739 
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MANSFIELD SPORTS GROUP LIMITED Notes to the Accounts for the year ended 31 May 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
- 
4,844 
Taxes and social security
11,130 
9,554 
11,130 
14,398 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
41,333 
41,333 
Other creditors
442,675 
508,153 
484,008 
549,486 
8
Average number of employees
During the year the average number of employees was 2 (2023: 1).
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