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REGISTERED NUMBER: 11470144 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 December 2024

for

Brusa Sports Ltd

Brusa Sports Ltd (Registered number: 11470144)






Contents of the Financial Statements
for the Year Ended 31 December 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Brusa Sports Ltd

Company Information
for the Year Ended 31 December 2024







DIRECTORS: Mrs. M J Michailidis-Coutoupe
M A Michailidis-Coutoupe





REGISTERED OFFICE: 16 Hornbeam Lane
Wingerworth
United Kingdom
Derbyshire
S42 6FZ





REGISTERED NUMBER: 11470144 (England and Wales)





ACCOUNTANTS: Hadfields Chartered Certified Accountants
Commerce House
658B Chatsworth Road
Chesterfield
Derbyshire
S40 3JZ

Brusa Sports Ltd (Registered number: 11470144)

Balance Sheet
31 December 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,270 1,418

CURRENT ASSETS
Debtors 5 5,147 2,238
Cash at bank 11,903 23,836
17,050 26,074
CREDITORS
Amounts falling due within one year 6 17,292 19,622
NET CURRENT (LIABILITIES)/ASSETS (242 ) 6,452
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,028

7,870

CREDITORS
Amounts falling due after more than one year 7 970 2,450
NET ASSETS 58 5,420

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 57 5,419
58 5,420

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

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

Brusa Sports Ltd (Registered number: 11470144)

Balance Sheet - continued
31 December 2024


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 23 June 2025 and were signed on its behalf by:




Mrs. M J Michailidis-Coutoupe - Director



M A Michailidis-Coutoupe - Director


Brusa Sports Ltd (Registered number: 11470144)

Notes to the Financial Statements
for the Year Ended 31 December 2024

1. STATUTORY INFORMATION

Brusa Sports Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

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

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

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 etc - 33% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

Brusa Sports Ltd (Registered number: 11470144)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 January 2024 2,669
Additions 429
At 31 December 2024 3,098
DEPRECIATION
At 1 January 2024 1,251
Charge for year 577
At 31 December 2024 1,828
NET BOOK VALUE
At 31 December 2024 1,270
At 31 December 2023 1,418

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 4,548 1,807
Other debtors 599 431
5,147 2,238

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 1,781 1,845
Trade creditors 305 268
Taxation and social security 14,426 13,081
Other creditors 780 4,428
17,292 19,622

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans 970 2,450

8. RELATED PARTY DISCLOSURES

During the year, total dividends of £58,900 (2023 - £54,000) were paid to the directors .