1 September 2023 false Taxfiler 2024.6 12840932business:PrivateLimitedCompanyLtd2023-09-012024-08-31 128409322023-08-31 128409322023-09-012024-08-31 12840932business:AuditExemptWithAccountantsReport2023-09-012024-08-31 12840932business:FilletedAccounts2023-09-012024-08-31 128409322024-08-31 12840932business:Director12023-09-012024-08-31 12840932business:RegisteredOffice2023-09-012024-08-31 128409322023-08-31 12840932core:WithinOneYear2024-08-31 12840932core:WithinOneYear2023-08-31 12840932core:ShareCapitalcore:PreviouslyStatedAmount2024-08-31 12840932core:ShareCapitalcore:PreviouslyStatedAmount2023-08-31 12840932core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-08-31 12840932core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-08-31 12840932core:PreviouslyStatedAmount2024-08-31 12840932core:PreviouslyStatedAmount2023-08-31 12840932business:SmallEntities2023-09-012024-08-31 12840932countries:EnglandWales2023-09-012024-08-31 12840932core:ComputerEquipment2023-09-012024-08-31 12840932core:MotorVehicles2023-08-31 12840932core:ComputerEquipment2023-08-31 12840932core:MotorVehicles2023-09-012024-08-31 12840932core:MotorVehicles2024-08-31 12840932core:ComputerEquipment2024-08-31 128409322022-09-012023-08-31 iso4217:GBP xbrli:pure
Company Registration No. 12840932 (England and Wales)
Elite Youth Sports Ltd Unaudited accounts for the year ended 31 August 2024
Elite Youth Sports Ltd Unaudited accounts Contents
Page
- 2 -
Elite Youth Sports Ltd Company Information for the year ended 31 August 2024
Director
Mr Gareth David Tucker
Company Number
12840932 (England and Wales)
Registered Office
66 CALDECOTT CHASE ABINGDON OX14 5GZ ENGLAND
Accountants
Edmil Accountants UK Ltd 146 Broadway Didcot Oxfordshire OX11 8SH
- 3 -
Elite Youth Sports Ltd Statement of financial position as at 31 August 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
18,863 
1,376 
Current assets
Debtors
146,041 
- 
Cash at bank and in hand
162,800 
209,311 
308,841 
209,311 
Creditors: amounts falling due within one year
(62,131)
(52,973)
Net current assets
246,710 
156,338 
Net assets
265,573 
157,714 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
265,572 
157,713 
Shareholders' funds
265,573 
157,714 
For the year ending 31 August 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 10 January 2025 and were signed on its behalf by
Mr Gareth David Tucker Director Company Registration No. 12840932
- 4 -
Elite Youth Sports Ltd Notes to the Accounts for the year ended 31 August 2024
1
Statutory information
Elite Youth Sports Ltd is a private company, limited by shares, registered in England and Wales, registration number 12840932. The registered office is 66 CALDECOTT CHASE, ABINGDON, OX14 5GZ, 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:
Computer equipment
Depreciation is calculated using 33% Reducing Balance Method
4
Tangible fixed assets
Motor vehicles 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 September 2023
- 
2,054 
2,054 
Additions
16,853 
3,750 
20,603 
At 31 August 2024
16,853 
5,804 
22,657 
Depreciation
At 1 September 2023
- 
678 
678 
Charge for the year
2,247 
869 
3,116 
At 31 August 2024
2,247 
1,547 
3,794 
Net book value
At 31 August 2024
14,606 
4,257 
18,863 
At 31 August 2023
- 
1,376 
1,376 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
2,711 
- 
Trade debtors
143,330 
- 
146,041 
- 
- 5 -
Elite Youth Sports Ltd Notes to the Accounts for the year ended 31 August 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
- 
(3,650)
Taxes and social security
51,217 
45,776 
Other creditors
(185)
- 
Loans from directors
9,299 
9,047 
Accruals
1,800 
1,800 
62,131 
52,973 
7
Transactions with related parties
At year end 31 August 2024, the company owed the sum of £9,299 to the director Mr Gareth David Tucker. (FY: 2023- £9,047)
8
Average number of employees
During the year the average number of employees was 138 (2023: 80).
- 6 -