Company Registration No. 05199087 (England and Wales)
Pure Sport Hospitality Limited
Unaudited accounts
for the year ended 30 June 2024
Pure Sport Hospitality Limited
Unaudited accounts
Contents
Pure Sport Hospitality Limited
Company Information
for the year ended 30 June 2024
Director
Jonathan Leslie Sexstone
Company Number
05199087 (England and Wales)
Registered Office
17-19 Berkeley Square
Bristol
BS8 1HB
England
Accountants
Evans Entwistle
Office 12a
Equinox South, Great Park Road
Bradley Stoke
Bristol
BS32 4QL
Chartered Management Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of
Pure Sport Hospitality Limited
for the year ended 30 June 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Pure Sport Hospitality Limited for the year ended 30 June 2024 which comprise of the Profit and Loss Account, the Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.
As a CIMA Registered Member in Practice and Practising Certificate holder, I am subject to its ethical and other professional requirements which are detailed at https://www.cimaglobal.com/Members/Your-Membership-Information/Members-handbook/Licensing-and-monitoring/Members-in-practice/
Our work has been undertaken in accordance with the requirements of the Chartered Institute of Management Accountants as detailed at http://www.cimaglobal.com.
Evans Entwistle
Member in Practice
Office 12a
Equinox South, Great Park Road
Bradley Stoke
Bristol
BS32 4QL
20 March 2025
Pure Sport Hospitality Limited
Statement of financial position
as at 30 June 2024
Tangible assets
1,161
7,020
Cash at bank and in hand
151,100
171,245
Creditors: amounts falling due within one year
(650,901)
(514,840)
Net current assets
36,145
55,290
Total assets less current liabilities
37,306
62,310
Creditors: amounts falling due after more than one year
(45,467)
(79,543)
Provisions for liabilities
Net liabilities
(8,381)
(18,567)
Called up share capital
140
140
Share premium
19,960
19,960
Capital redemption reserve
60
60
Profit and loss account
(28,541)
(38,727)
Shareholders' funds
(8,381)
(18,567)
For the year ending 30 June 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 24 March 2025 and were signed on its behalf by
Jonathan Leslie Sexstone
Director
Company Registration No. 05199087
Pure Sport Hospitality Limited
Notes to the Accounts
for the year ended 30 June 2024
Pure Sport Hospitality Limited is a private company, limited by shares, registered in England and Wales, registration number 05199087. The registered office is 17-19 Berkeley Square, Bristol, BS8 1HB, 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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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:
Fixtures & fittings
3 years straight line
Computer equipment
3 years straight line
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Pure Sport Hospitality Limited
Notes to the Accounts
for the year ended 30 June 2024
4
Tangible fixed assets
Plant & machinery
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 July 2023
29,423
18,361
47,784
At 30 June 2024
29,809
18,361
48,170
At 1 July 2023
24,172
16,592
40,764
Charge for the year
4,764
1,481
6,245
At 30 June 2024
28,936
18,073
47,009
At 30 June 2024
873
288
1,161
At 30 June 2023
5,251
1,769
7,020
Amounts falling due within one year
Trade debtors
376,266
218,140
Amounts due from group undertakings etc.
37,800
37,800
Accrued income and prepayments
58,488
79,553
Other debtors
47,396
47,396
Amounts falling due after more than one year
Other debtors
15,996
15,996
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
24,800
24,800
Trade creditors
178,294
139,973
Taxes and social security
19,152
25,932
Other creditors
2,236
2,657
Deferred income
165,215
81,080
Included within corporation tax is £15,996 s455 tax charge on the overdrawn directors loan account (see note 12).
7
Creditors: amounts falling due after more than one year
2024
2023
Loans from directors
-
9,276
Pure Sport Hospitality Limited
Notes to the Accounts
for the year ended 30 June 2024
Allotted, called up and fully paid:
140 Ordinary shares of £1 each
140
140
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
general loan outstanding
47,396
-
-
47,396
The balance outstanding at the balance sheet date is an interest free loan issued by the company that is repayable upon demand. s455 corporation tax has been provided for on the balance in full.
10
Transactions with related parties
At the balance sheet date the company was owed £36,000 (2023: £36,000) by Pure Spaces Ltd ( 09606792), a company under common control.
At the balance sheet date the company was owed £1,800 (2023: £1,800) by Pure Staffing Ltd ( 09574003), a company under common control.
11
Average number of employees
During the year the average number of employees was 4 (2023: 4).