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REGISTERED NUMBER: 04981677 (England and Wales)



















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

SPORTS & PLAYGROUND SERVICES UK LIMITED

SPORTS & PLAYGROUND SERVICES UK LIMITED (REGISTERED NUMBER: 04981677)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


SPORTS & PLAYGROUND SERVICES UK LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2024







Directors: P Lawrence
J D Neill
A Dedhar





Registered office: Lawley House
Butt Road
Colchester
Essex
CO3 3DG





Registered number: 04981677 (England and Wales)





Accountants: Baverstocks Limited
Chartered Certified Accountants
Dickens House
Guithavon Street
Witham
Essex
CM8 1BJ

SPORTS & PLAYGROUND SERVICES UK LIMITED (REGISTERED NUMBER: 04981677)

ABRIDGED BALANCE SHEET
31 DECEMBER 2024

2024 2023
Notes £    £    £    £   
Fixed assets
Tangible assets 4 96,664 65,487

Current assets
Stocks 110,361 93,512
Debtors 219,690 164,234
Prepayments and accrued income 27,844 7,620
Cash at bank 20,963 16,957
378,858 282,323
Creditors
Amounts falling due within one year 238,845 228,933
Net current assets 140,013 53,390
Total assets less current liabilities 236,677 118,877

Creditors
Amounts falling due after more than one
year

(93,911

)

(59,987

)

Accruals and deferred income (4,947 ) (7,149 )
Net assets 137,819 51,741

Capital and reserves
Called up share capital 200,100 200,100
Retained earnings (62,281 ) (148,359 )
137,819 51,741

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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.

SPORTS & PLAYGROUND SERVICES UK LIMITED (REGISTERED NUMBER: 04981677)

ABRIDGED BALANCE SHEET - continued
31 DECEMBER 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 31 December 2024 in accordance with Section 444(2A) of the Companies Act 2006.

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 24 February 2025 and were signed on its behalf by:





P Lawrence - Director


SPORTS & PLAYGROUND SERVICES UK LIMITED (REGISTERED NUMBER: 04981677)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

1. Statutory information

Sports & Playground Services UK 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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery etc - 33% on cost and 20% on cost

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

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Taxation
Taxation for the year 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 year 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.

SPORTS & PLAYGROUND SERVICES UK LIMITED (REGISTERED NUMBER: 04981677)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2024

2. Accounting policies - continued

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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 16 (2023 - 14 ) .

4. Tangible fixed assets
Totals
£   
Cost
At 1 January 2024 123,483
Additions 108,654
Disposals (81,924 )
At 31 December 2024 150,213
Depreciation
At 1 January 2024 57,996
Charge for year 36,209
Eliminated on disposal (40,656 )
At 31 December 2024 53,549
Net book value
At 31 December 2024 96,664
At 31 December 2023 65,487

SPORTS & PLAYGROUND SERVICES UK LIMITED (REGISTERED NUMBER: 04981677)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2024

4. Tangible fixed assets - continued

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Totals
£   
Cost
At 1 January 2024 100,898
Additions 99,410
Disposals (81,924 )
At 31 December 2024 118,384
Depreciation
At 1 January 2024 41,691
Charge for year 31,171
Eliminated on disposal (40,656 )
At 31 December 2024 32,206
Net book value
At 31 December 2024 86,178
At 31 December 2023 59,207

5. Other financial commitments

The company has financial commitments of £73,535 in relation to non cancellable lease agreements for the company premises and machinery.

6. Directors' advances, credits and guarantees

The following advances and credits to directors subsisted during the years ended 31 December 2024 and 31 December 2023:

2024 2023
£    £   
J D Neill
Balance outstanding at start of year - -
Amounts advanced 15,000 -
Amounts repaid (5,000 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 10,000 -

P Lawrence
Balance outstanding at start of year - -
Amounts advanced 5,000 -
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 5,000 -