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Registered number: 12744600
TMA Sports Management Ltd
Unaudited Financial Statements
For The Year Ended 31 March 2025
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 12744600
2025 2024
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 495,663 581,244
Tangible Assets 5 3,026 4,035
498,689 585,279
CURRENT ASSETS
Debtors 6 104,096 295,542
Cash at bank and in hand 52,428 123,750
156,524 419,292
Creditors: Amounts Falling Due Within One Year 7 (1,177,277 ) (1,022,110 )
NET CURRENT ASSETS (LIABILITIES) (1,020,753 ) (602,818 )
TOTAL ASSETS LESS CURRENT LIABILITIES (522,064 ) (17,539 )
Creditors: Amounts Falling Due After More Than One Year 8 (250,000 ) (250,000 )
NET LIABILITIES (772,064 ) (267,539 )
CAPITAL AND RESERVES
Called up share capital 9 113,912 113,912
Share premium account 531,747 531,747
Profit and Loss Account (1,417,723 ) (913,198 )
SHAREHOLDERS' FUNDS (772,064) (267,539)
Page 1
Page 2
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 member has 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr David Brannan
Director
18 June 2025
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
TMA Sports Management Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 12744600 . The registered office is Regus Express, Plymouth Drake Circus Level 1 Charles Street, Plymouth, Devon, PL1 1EA.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Going Concern Disclosure
The accounts have been prepared on a going concern basis as the directors continue to provide financial support when necessary to the company. The directors have also reviewed the position for 12 months from the date the accounts were approved and in their opinion the company will reduce the balance sheet deficiency and will show positive results for the next financial period.
2.3. 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 is reduced for estimated customer returns, rebates and other similar allowances.
2.4. Intangible Fixed Assets and Amortisation - Other Intangible
Other intangible assets consist of costs relating to Software Development. These costs have been capitalised due to the high levels of cost involved and the longevity they hold within the company. It is amortised to profit and loss account over its estimated economic life of 5 years.
2.5. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Plant & Machinery 25% reducing balance
2.6. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
2.7. Taxation
Income tax expense represents the sum of the tax 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 comprehensive income because of items of income or expense that are taxable or deductible in other years 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 substantively enacted by the end of the reporting period.
Current tax is recognised in profit or loss for the year, except when it relates to items that are recognised in other comprehensive income or directly in equity, in which case current tax is recognised in other comprehensive income or directly in equity respectively.
2.8. Other grants
Grants and subsidies are shown at fair value of the grants received by the company, to suppor the company in the ordinary course of its activities. The company recognises grant income when the amount of grant can be realiably measured, and it is highly probable that future economic benefits of the grant will flow to the company. 
3. Average Number of Employees
Average number of employees, including directors, during the year was: 5 (2024: 10)
5 10
Page 3
Page 4
4. Intangible Assets
Other
£
Cost
As at 1 April 2024 874,826
Additions 97,510
As at 31 March 2025 972,336
Amortisation
As at 1 April 2024 293,582
Provided during the period 183,091
As at 31 March 2025 476,673
Net Book Value
As at 31 March 2025 495,663
As at 1 April 2024 581,244
5. Tangible Assets
Plant & Machinery
£
Cost
As at 1 April 2024 6,390
As at 31 March 2025 6,390
Depreciation
As at 1 April 2024 2,355
Provided during the period 1,009
As at 31 March 2025 3,364
Net Book Value
As at 31 March 2025 3,026
As at 1 April 2024 4,035
6. Debtors
2025 2024
£ £
Due within one year
Trade debtors 1,764 542
Other debtors 102,332 295,000
104,096 295,542
Page 4
Page 5
7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 410,057 444,769
Bank loans and overdrafts - 4,999
Other creditors 737,900 572,342
Taxation and social security 29,320 -
1,177,277 1,022,110
8. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Other creditors 250,000 250,000
9. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 113,912 113,912
Page 5