1 April 2024 false No description of principal activity Taxfiler 2024.6 04402819business:PrivateLimitedCompanyLtd2024-04-012025-03-31 044028192024-03-31 044028192024-04-012025-03-31 04402819business:AuditExemptWithAccountantsReport2024-04-012025-03-31 04402819business:AbridgedAccounts2024-04-012025-03-31 044028192025-03-31 04402819business:Director12024-04-012025-03-31 04402819business:Director22024-04-012025-03-31 04402819business:RegisteredOffice2024-04-012025-03-31 044028192024-03-31 04402819core:WithinOneYear2025-03-31 04402819core:WithinOneYear2024-03-31 04402819core:AfterOneYear2025-03-31 04402819core:AfterOneYear2024-03-31 04402819core:ShareCapitalcore:PreviouslyStatedAmount2025-03-31 04402819core:ShareCapitalcore:PreviouslyStatedAmount2024-03-31 04402819core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2025-03-31 04402819core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-03-31 04402819core:PreviouslyStatedAmount2025-03-31 04402819core:PreviouslyStatedAmount2024-03-31 04402819business:SmallEntities2024-04-012025-03-31 04402819countries:EnglandWales2024-04-012025-03-31 04402819core:PlantMachinery2024-04-012025-03-31 04402819core:MotorVehicles2024-04-012025-03-31 04402819business:OrdinaryShareClass12024-04-012025-03-31 04402819business:OrdinaryShareClass12023-04-012024-03-31 044028192023-04-012024-03-31 iso4217:GBP xbrli:shares xbrli:pure
Company Registration No. 04402819 (England and Wales)
Promotasport Limited Unaudited accounts for the year ended 31 March 2025
Promotasport Limited Unaudited accounts Contents
Page
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Promotasport Limited Company Information for the year ended 31 March 2025
Directors
PETER JOHNSTON CHARLES JOHNSTON
Company Number
04402819 (England and Wales)
Registered Office
BUILDING 8 WYNDMERE PARK ASHWELL ROAD STEEPLE MORDEN HERTFORDSHIRE SG8 0NZ
Accountants
SRG Accountancy Services 2 WHITFIELD ROAD POTTON Sandy BEDFORDSHIRE SG19 2FS
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Promotasport Limited Accountants' report
Accountants' report to the board of directors of Promotasport Limited (the company)
These financial statements have been prepared in accordance with our terms of engagement and in order to assist you to fulfil your duties under the Companies Acts that relate to preparing the financial statements of the company for the year ended 31 March 2025.
We have prepared these financial statements based on the accounting records, information and explanations provided by you. We do not express any opinion on the financial statements.
On the balance sheet you have acknowledged your duties under the prevailing Companies Acts to ensure that the company keeps adequate accounting records and prepares financial statements that give "a true and fair view".
You have determined that the company is exempt from the statutory requirement for an audit for the year ended 31 March 2025. Therefore, the financial statements are unaudited.
The financial statements are provided exclusively to the director for the limited purpose mentioned above, and may not be used or relied upon for any other purpose or by any other person, and we shall not be liable for any other usage or reliance.
SRG Accountancy Services 2 WHITFIELD ROAD POTTON Sandy BEDFORDSHIRE SG19 2FS 13 May 2025
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Promotasport Limited Statement of financial position as at 31 March 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
1,208 
1,581 
Investments
40 
40 
1,248 
1,621 
Current assets
Debtors
72,235 
75,509 
Cash at bank and in hand
5,618 
6 
77,853 
75,515 
Creditors: amounts falling due within one year
(1,560)
(1,655)
Net current assets
76,293 
73,860 
Total assets less current liabilities
77,541 
75,481 
Creditors: amounts falling due after more than one year
(33,000)
(33,000)
Net assets
44,541 
42,481 
Capital and reserves
Called up share capital
50,000 
50,000 
Profit and loss account
(5,459)
(7,519)
Shareholders' funds
44,541 
42,481 
For the year ending 31 March 2025 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
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 of Directors and authorised for issue on 13 May 2025 and were signed on its behalf by
PETER JOHNSTON Director Company Registration No. 04402819
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Promotasport Limited Notes to the Accounts for the year ended 31 March 2025
1
Statutory information
Promotasport Limited is a private company, limited by shares, registered in England and Wales, registration number 04402819. The registered office is BUILDING 8 WYNDMERE PARK, ASHWELL ROAD, STEEPLE MORDEN, HERTFORDSHIRE, SG8 0NZ.
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.
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:
Plant & machinery
15% reducing balance
Motor vehicles
25% reducing balance
Taxation
Income tax expense represents the sum of the ta currently payable and deferred tax. The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of income because items of income or expense that are taxable or deductible in other year and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or or subsequently enacted by the end of the reporting period. 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.
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Promotasport Limited Notes to the Accounts for the year ended 31 March 2025
4
Tangible fixed assets
Total 
£ 
Cost or valuation
At 1 April 2024
99,915 
At 31 March 2025
99,915 
Depreciation
At 1 April 2024
98,334 
Charge for the year
373 
At 31 March 2025
98,707 
Net book value
At 31 March 2025
1,208 
At 31 March 2024
1,581 
5
Share capital
2025 
2024 
£ 
£ 
Allotted, called up and fully paid:
50,000 Ordinary shares of £1 each
50,000 
50,000 
6
Average number of employees
During the year the average number of employees was 2 (2024: 2).
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