Registered number
06230999
Sports (UK) Limited
Filleted Accounts
30 September 2024
Sports (UK) Limited
Registered number: 06230999
Balance Sheet
as at 30 September 2024
Notes 2024 2023
£ £
Fixed assets
Intangible assets 3 30,160 30,160
Tangible assets 4 67,999 20,288
98,159 50,448
Current assets
Debtors 5 107,302 67,248
Cash at bank and in hand 32,727 42,331
140,029 109,579
Creditors: amounts falling due within one year 6 (155,421) (90,657)
Net current (liabilities)/assets (15,392) 18,922
Total assets less current liabilities 82,767 69,370
Provisions for liabilities - (3,855)
Net assets 82,767 65,515
Capital and reserves
Called up share capital 100 100
Profit and loss account 82,667 65,415
Shareholders' funds 82,767 65,515
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
W Smith
Director
Approved by the board on 23 December 2024
Sports (UK) Limited
Notes to the Accounts
for the year ended 30 September 2024
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 5 13
3 Intangible fixed assets £
Goodwill:
Cost
At 1 October 2023 40,360
At 30 September 2024 40,360
Amortisation
At 1 October 2023 10,200
At 30 September 2024 10,200
Net book value
At 30 September 2024 30,160
At 30 September 2023 30,160
Goodwill is being written off in equal annual instalments over its estimated economic life of 5 years.
4 Tangible fixed assets
Land and buildings Plant and machinery etc Motor vehicles Total
£ £ £ £
Cost
At 1 October 2023 25,697 22,789 40,910 89,396
Additions - - 55,807 55,807
At 30 September 2024 25,697 22,789 96,717 145,203
Depreciation
At 1 October 2023 25,566 19,890 23,652 69,108
Charge for the year 65 725 7,306 8,096
At 30 September 2024 25,631 20,615 30,958 77,204
Net book value
At 30 September 2024 66 2,174 65,759 67,999
At 30 September 2023 131 2,899 17,258 20,288
5 Debtors 2024 2023
£ £
Trade debtors 91,225 66,538
Other debtors 16,077 710
107,302 67,248
6 Creditors: amounts falling due within one year 2024 2023
£ £
Obligations under finance lease and hire purchase contracts 47,848 -
Trade creditors 144 606
Taxation and social security costs 8,552 6,452
Other creditors 98,877 83,599
155,421 90,657
7 Other information
Sports (UK) Limited is a private company limited by shares and incorporated in England. Its registered office is:
Far Stones Farm
Stone Lane
Oxenhope
BD22 9QP
Sports (UK) Limited 06230999 false 2023-10-01 2024-09-30 2024-09-30 VT Final Accounts April 2025 W Smith No description of principal activity 06230999 2022-10-01 2023-09-30 06230999 core:WithinOneYear 2023-09-30 06230999 core:ShareCapital 2023-09-30 06230999 core:RetainedEarningsAccumulatedLosses 2023-09-30 06230999 2023-10-01 2024-09-30 06230999 bus:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 06230999 bus:AuditExempt-NoAccountantsReport 2023-10-01 2024-09-30 06230999 bus:Director40 2023-10-01 2024-09-30 06230999 1 2023-10-01 2024-09-30 06230999 core:LandBuildings 2023-10-01 2024-09-30 06230999 core:PlantMachinery 2023-10-01 2024-09-30 06230999 core:Vehicles 2023-10-01 2024-09-30 06230999 countries:England 2023-10-01 2024-09-30 06230999 bus:FRS102 2023-10-01 2024-09-30 06230999 bus:FilletedAccounts 2023-10-01 2024-09-30 06230999 2024-09-30 06230999 core:WithinOneYear 2024-09-30 06230999 core:ShareCapital 2024-09-30 06230999 core:RetainedEarningsAccumulatedLosses 2024-09-30 06230999 core:Goodwill 2024-09-30 06230999 core:LandBuildings 2024-09-30 06230999 core:PlantMachinery 2024-09-30 06230999 core:Vehicles 2024-09-30 06230999 2023-09-30 06230999 core:Goodwill 2023-09-30 06230999 core:LandBuildings 2023-09-30 06230999 core:PlantMachinery 2023-09-30 06230999 core:Vehicles 2023-09-30 iso4217:GBP xbrli:pure