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REGISTERED NUMBER: 05535453 (England and Wales)


















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2024

FOR

PULLUM SPORTS LTD

PULLUM SPORTS LTD (REGISTERED NUMBER: 05535453)

CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31 August 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3

Report of the Accountants 6

PULLUM SPORTS LTD

COMPANY INFORMATION
for the Year Ended 31 August 2024







DIRECTORS: A Micallef
W M Scott





SECRETARY: W M Scott





REGISTERED OFFICE: 2 Greaves Way
Greaves Industrial Estate
Stanbridge Road
Leighton Buzzard
Bedfordshire
LU7 4UB





REGISTERED NUMBER: 05535453 (England and Wales)





ACCOUNTANTS: F E Hawkes & Co
206 Endeavour House
Wrest Park
Silsoe
Bedfordshire
MK45 4HS

PULLUM SPORTS LTD (REGISTERED NUMBER: 05535453)

BALANCE SHEET
31 August 2024

2023 2024
£    £    Notes £   
FIXED ASSETS
- Intangible assets 5 -
32,904 Tangible assets 6 26,912
32,904 26,912

CURRENT ASSETS
177,055 Stocks 164,938
249,887 Debtors 7 114,722
35,920 Cash at bank and in hand 83,277
462,862 362,937
CREDITORS
119,722 Amounts falling due within one year 8 56,065
343,140 NET CURRENT ASSETS 306,872
376,044 TOTAL ASSETS LESS CURRENT
LIABILITIES

333,784

CAPITAL AND RESERVES
20,000 Called up share capital 20,000
356,044 Retained earnings 313,784
376,044 SHAREHOLDERS' FUNDS 333,784

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

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

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

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 29 May 2025 and were signed on its behalf by:



W M Scott - Director


PULLUM SPORTS LTD (REGISTERED NUMBER: 05535453)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31 August 2024


1. STATUTORY INFORMATION

Pullum Sports Ltd is a private company, limited by shares and registered in England and Wales.

The company's registered number and registered office address are as follows

Registered number: 05535453

Registered office: 2 Greaves Way
Greaves Way Industrial Estate
Stanbridge Road
Leighton Buzzard
Bedfordshire
LU7 4UB

The presentation currency of the financial statements is in the Pound Sterling (£).

The principal activity of the company in the year under review was that of sports equipment, retailers and manufacturers.

2. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention

As with most businesses the company has been impacted by the Coronavirus (Covid 19). This has had an impact on the business operations, clients, suppliers and workforce. The company has not received any government grants during the year under review however the company are taking steps to protect the future of the company.

Although the total impact is still uncertain the directors believe that it is appropriate to prepare the accounts on a going concern basis.

Significant judgements and estimates
No significant judgements or estimates have had to be made by the directors in preparing these financial statements.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2005, is being amortised evenly over its estimated useful life of ten years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 15% on reducing balance
Fixtures and fittings - 15% on reducing balance
Motor vehicles - 25% on reducing balance

PULLUM SPORTS LTD (REGISTERED NUMBER: 05535453)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 August 2024


3. ACCOUNTING POLICIES - continued

Stocks & work in progress
Stock 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.

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.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - 8 ).

5. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 September 2023
and 31 August 2024 76,000
AMORTISATION
At 1 September 2023
and 31 August 2024 76,000
NET BOOK VALUE
At 31 August 2024 -
At 31 August 2023 -

6. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor
Totals machinery fittings vehicles
£    £    £    £   
COST
At 1 September 2023 105,963 44,099 31,172 30,692
Additions 518 - 518 -
At 31 August 2024 106,481 44,099 31,690 30,692
DEPRECIATION
At 1 September 2023 73,059 35,726 21,597 15,736
Charge for year 6,510 1,255 1,516 3,739
At 31 August 2024 79,569 36,981 23,113 19,475
NET BOOK VALUE
At 31 August 2024 26,912 7,118 8,577 11,217
At 31 August 2023 32,904 8,373 9,575 14,956

PULLUM SPORTS LTD (REGISTERED NUMBER: 05535453)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 August 2024


7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 15,763 150,925
Related company 93,103 -
Sundry debtors & prepayments 5,856 98,962
114,722 249,887

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 21,770 49,234
Tax - 45
Social security and other taxes 4,122 4,154
VAT 24,052 39,810
Directors' current accounts 2,129 22,129
Sundry creditors & accruals 3,992 4,350
56,065 119,722

PULLUM SPORTS LTD

REPORT OF THE ACCOUNTANTS TO THE DIRECTORS OF
PULLUM SPORTS LTD


The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31 August 2024 set out on pages three to nine and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.






F E Hawkes & Co
206 Endeavour House
Wrest Park
Silsoe
Bedfordshire
MK45 4HS


29 May 2025