2023-04-012024-09-302024-09-30false06253199MIA SPORTS TECHNOLOGY LIMITED2025-06-17falseiso4217:GBPxbrli:pure062531992023-04-01062531992024-09-30062531992023-04-012024-09-30062531992022-04-01062531992023-03-31062531992022-04-012023-03-3106253199bus:SmallEntities2023-04-012024-09-3006253199bus:AuditExempt-NoAccountantsReport2023-04-012024-09-3006253199bus:AbridgedAccounts2023-04-012024-09-3006253199bus:PrivateLimitedCompanyLtd2023-04-012024-09-3006253199core:WithinOneYear2024-09-3006253199core:AfterOneYear2024-09-3006253199core:WithinOneYear2023-03-3106253199core:AfterOneYear2023-03-3106253199core:ShareCapital2024-09-3006253199core:SharePremium2024-09-3006253199core:RevaluationReserve2024-09-3006253199core:OtherReservesSubtotal2024-09-3006253199core:RetainedEarningsAccumulatedLosses2024-09-3006253199core:ShareCapital2023-03-3106253199core:SharePremium2023-03-3106253199core:RevaluationReserve2023-03-3106253199core:OtherReservesSubtotal2023-03-3106253199core:RetainedEarningsAccumulatedLosses2023-03-3106253199core:LandBuildings2024-09-3006253199core:PlantMachinery2024-09-3006253199core:Vehicles2024-09-3006253199core:FurnitureFittings2024-09-3006253199core:OfficeEquipment2024-09-3006253199core:NetGoodwill2024-09-3006253199core:IntangibleAssetsOtherThanGoodwill2024-09-3006253199core:ListedExchangeTraded2024-09-3006253199core:UnlistedNon-exchangeTraded2024-09-3006253199core:LandBuildings2023-03-3106253199core:PlantMachinery2023-03-3106253199core:Vehicles2023-03-3106253199core:FurnitureFittings2023-03-3106253199core:OfficeEquipment2023-03-3106253199core:NetGoodwill2023-03-3106253199core:IntangibleAssetsOtherThanGoodwill2023-03-3106253199core:ListedExchangeTraded2023-03-3106253199core:UnlistedNon-exchangeTraded2023-03-3106253199core:LandBuildings2023-04-012024-09-3006253199core:PlantMachinery2023-04-012024-09-3006253199core:Vehicles2023-04-012024-09-3006253199core:FurnitureFittings2023-04-012024-09-3006253199core:OfficeEquipment2023-04-012024-09-3006253199core:NetGoodwill2023-04-012024-09-3006253199core:IntangibleAssetsOtherThanGoodwill2023-04-012024-09-3006253199core:ListedExchangeTraded2023-04-012024-09-3006253199core:UnlistedNon-exchangeTraded2023-04-012024-09-3006253199core:MoreThanFiveYears2023-04-012024-09-3006253199core:Non-currentFinancialInstruments2024-09-3006253199core:Non-currentFinancialInstruments2023-03-3106253199dpl:CostSales2023-04-012024-09-3006253199dpl:DistributionCosts2023-04-012024-09-3006253199core:LandBuildings2023-04-012024-09-3006253199core:PlantMachinery2023-04-012024-09-3006253199core:Vehicles2023-04-012024-09-3006253199core:FurnitureFittings2023-04-012024-09-3006253199core:OfficeEquipment2023-04-012024-09-3006253199dpl:AdministrativeExpenses2023-04-012024-09-3006253199core:NetGoodwill2023-04-012024-09-3006253199core:IntangibleAssetsOtherThanGoodwill2023-04-012024-09-3006253199dpl:GroupUndertakings2023-04-012024-09-3006253199dpl:ParticipatingInterests2023-04-012024-09-3006253199dpl:GroupUndertakingscore:ListedExchangeTraded2023-04-012024-09-3006253199core:ListedExchangeTraded2023-04-012024-09-3006253199dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2023-04-012024-09-3006253199core:UnlistedNon-exchangeTraded2023-04-012024-09-3006253199dpl:CostSales2022-04-012023-03-3106253199dpl:DistributionCosts2022-04-012023-03-3106253199core:LandBuildings2022-04-012023-03-3106253199core:PlantMachinery2022-04-012023-03-3106253199core:Vehicles2022-04-012023-03-3106253199core:FurnitureFittings2022-04-012023-03-3106253199core:OfficeEquipment2022-04-012023-03-3106253199dpl:AdministrativeExpenses2022-04-012023-03-3106253199core:NetGoodwill2022-04-012023-03-3106253199core:IntangibleAssetsOtherThanGoodwill2022-04-012023-03-3106253199dpl:GroupUndertakings2022-04-012023-03-3106253199dpl:ParticipatingInterests2022-04-012023-03-3106253199dpl:GroupUndertakingscore:ListedExchangeTraded2022-04-012023-03-3106253199core:ListedExchangeTraded2022-04-012023-03-3106253199dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-04-012023-03-3106253199core:UnlistedNon-exchangeTraded2022-04-012023-03-3106253199core:NetGoodwill2024-09-3006253199core:IntangibleAssetsOtherThanGoodwill2024-09-3006253199core:LandBuildings2024-09-3006253199core:PlantMachinery2024-09-3006253199core:Vehicles2024-09-3006253199core:FurnitureFittings2024-09-3006253199core:OfficeEquipment2024-09-3006253199core:AfterOneYear2024-09-3006253199core:WithinOneYear2024-09-3006253199core:ListedExchangeTraded2024-09-3006253199core:UnlistedNon-exchangeTraded2024-09-3006253199core:ShareCapital2024-09-3006253199core:SharePremium2024-09-3006253199core:RevaluationReserve2024-09-3006253199core:OtherReservesSubtotal2024-09-3006253199core:RetainedEarningsAccumulatedLosses2024-09-3006253199core:NetGoodwill2023-03-3106253199core:IntangibleAssetsOtherThanGoodwill2023-03-3106253199core:LandBuildings2023-03-3106253199core:PlantMachinery2023-03-3106253199core:Vehicles2023-03-3106253199core:FurnitureFittings2023-03-3106253199core:OfficeEquipment2023-03-3106253199core:AfterOneYear2023-03-3106253199core:WithinOneYear2023-03-3106253199core:ListedExchangeTraded2023-03-3106253199core:UnlistedNon-exchangeTraded2023-03-3106253199core:ShareCapital2023-03-3106253199core:SharePremium2023-03-3106253199core:RevaluationReserve2023-03-3106253199core:OtherReservesSubtotal2023-03-3106253199core:RetainedEarningsAccumulatedLosses2023-03-3106253199core:NetGoodwill2022-04-0106253199core:IntangibleAssetsOtherThanGoodwill2022-04-0106253199core:LandBuildings2022-04-0106253199core:PlantMachinery2022-04-0106253199core:Vehicles2022-04-0106253199core:FurnitureFittings2022-04-0106253199core:OfficeEquipment2022-04-0106253199core:AfterOneYear2022-04-0106253199core:WithinOneYear2022-04-0106253199core:ListedExchangeTraded2022-04-0106253199core:UnlistedNon-exchangeTraded2022-04-0106253199core:ShareCapital2022-04-0106253199core:SharePremium2022-04-0106253199core:RevaluationReserve2022-04-0106253199core:OtherReservesSubtotal2022-04-0106253199core:RetainedEarningsAccumulatedLosses2022-04-0106253199core:AfterOneYear2023-04-012024-09-3006253199core:WithinOneYear2023-04-012024-09-3006253199core:Non-currentFinancialInstrumentscore:CostValuation2023-04-012024-09-3006253199core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2023-04-012024-09-3006253199core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2023-04-012024-09-3006253199core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2023-04-012024-09-3006253199core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2023-04-012024-09-3006253199core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2023-04-012024-09-3006253199core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2023-04-012024-09-3006253199core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2023-04-012024-09-3006253199core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2023-04-012024-09-3006253199core:Non-currentFinancialInstrumentscore:CostValuation2024-09-3006253199core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2024-09-3006253199core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2024-09-3006253199core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2024-09-3006253199core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2024-09-3006253199core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2024-09-3006253199core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2024-09-3006253199core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2024-09-3006253199core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2024-09-3006253199core:Non-currentFinancialInstrumentscore:CostValuation2023-03-3106253199core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2023-03-3106253199core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2023-03-3106253199core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2023-03-3106253199core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2023-03-3106253199core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2023-03-3106253199core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2023-03-3106253199core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2023-03-3106253199core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2023-03-3106253199bus:Director12023-04-012024-09-30

MIA SPORTS TECHNOLOGY LIMITED

Registered Number
06253199
(England and Wales)

Unaudited Financial Statements for the Period ended
30 September 2024

MIA SPORTS TECHNOLOGY LIMITED
Company Information
for the period from 1 April 2023 to 30 September 2024

Director

David Keith Watkins

Registered Address

The Old Smithy
Overbury
Tewkesbury
GL20 7NT

Registered Number

06253199 (England and Wales)
MIA SPORTS TECHNOLOGY LIMITED
Balance Sheet as at
30 September 2024

Notes

30 Sep 2024

31 Mar 2023

£

£

£

£

Fixed assets
Tangible assets3-49,525
-49,525
Current assets
Stocks21,41991,688
Debtors89417,645
Cash at bank and on hand4,280-
26,593109,333
Creditors amounts falling due within one year(19,884)(58,594)
Net current assets (liabilities)6,70950,739
Total assets less current liabilities6,709100,264
Creditors amounts falling due after one year(9,264)(24,626)
Provisions for liabilities-(12,321)
Net assets(2,555)63,317
Capital and reserves
Called up share capital66
Profit and loss account(2,561)63,311
Shareholders' funds(2,555)63,317
The financial statements were approved and authorised for issue by the Director on 17 June 2025, and are signed on its behalf by:
David Keith Watkins
Director
Registered Company No. 06253199
MIA SPORTS TECHNOLOGY LIMITED
Notes to the Financial Statements
for the period ended 30 September 2024

1.Accounting policies
Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
Statement of compliance
The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.
Turnover policy
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.
Revenue from sale of goods
Revenue from the sale of goods is recognised when the company has transferred to the buyer the significant risks and rewards of ownership of the goods, usually when goods are delivered and legal title has passed. Providing the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transition can be measured reliably.
Foreign currency translation
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
Deferred tax
Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
Tangible fixed assets and depreciation
All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:
Stocks and work in progress
Stock is valued at the lower of cost and estimated selling price less costs to complete and sell. The cost methodology employed by the entity is the first-in first-out method. Estimated selling price less costs to complete and sell are derived from the selling price which the goods would fetch in an open market transaction with established customers less the costs expected to be incurred to enable the sale to complete. Provision is made for slow-moving and obsolete items of stock. Such provisions are recognised in profit or loss.
Cash and cash equivalents
Cash and cash equivalents comprise cash at bank and on hand, demand deposits with banks and other short-term highly liquid investments with original maturities of three months or less. Bank overdrafts are disclosed separately. For the purpose of the cash flow statement, bank overdrafts form an integral part of the company's cash management and are included as a component of cash and cash equivalents.
2.Average number of employees

20242023
Average number of employees during the year22
3.Tangible fixed assets

Total

£
Cost or valuation
At 01 April 23227,096
Additions197
Disposals(227,293)
Depreciation and impairment
At 01 April 23177,570
On disposals(177,570)
Net book value
At 30 September 24-
At 31 March 2349,525