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REGISTERED NUMBER: 15309236 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 27 NOVEMBER 2023 TO 31 MARCH 2025

FOR

OBI SPORTS LTD

OBI SPORTS LTD (REGISTERED NUMBER: 15309236)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Period 27 November 2023 to 31 March 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


OBI SPORTS LTD

COMPANY INFORMATION
for the Period 27 November 2023 to 31 March 2025







DIRECTOR: C Henderson





REGISTERED OFFICE: 2nd Floor, Boulton House
17-21 Chorlton Street
Manchester
M1 3HY





REGISTERED NUMBER: 15309236 (England and Wales)





ACCOUNTANTS: Connaughton & Co
2nd Floor, Boulton House
17-21 Chorlton Street
Manchester
M1 3HY

OBI SPORTS LTD (REGISTERED NUMBER: 15309236)

BALANCE SHEET
31 March 2025

Notes £    £   
FIXED ASSETS
Intangible assets 4 3,600
Tangible assets 5 44,465
48,065

CURRENT ASSETS
Stocks 573
Debtors 6 135,690
Cash at bank 375,328
511,591
CREDITORS
Amounts falling due within one year 7 253,589
NET CURRENT ASSETS 258,002
TOTAL ASSETS LESS CURRENT
LIABILITIES

306,067

CREDITORS
Amounts falling due after more than one
year

8

(18,665

)

PROVISIONS FOR LIABILITIES 9 (4,881 )
NET ASSETS 282,521

CAPITAL AND RESERVES
Called up share capital 10 1
Retained earnings 11 282,520
SHAREHOLDERS' FUNDS 282,521

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

OBI SPORTS LTD (REGISTERED NUMBER: 15309236)

BALANCE SHEET - continued
31 March 2025


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 director and authorised for issue on 30 May 2025 and were signed by:





C Henderson - Director


OBI SPORTS LTD (REGISTERED NUMBER: 15309236)

NOTES TO THE FINANCIAL STATEMENTS
for the Period 27 November 2023 to 31 March 2025

1. STATUTORY INFORMATION

OBI 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.

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.

Computer software is being amortised evenly over its estimated useful life of five years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery - 25% on reducing balance
Fixtures and fittings - 25% on reducing balance
Motor vehicles - Over the remaining period of the lease
Computer equipment - 25% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the period 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 period 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.

OBI SPORTS LTD (REGISTERED NUMBER: 15309236)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Period 27 November 2023 to 31 March 2025

2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 3 .

4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST
Additions 4,500
At 31 March 2025 4,500
AMORTISATION
Charge for period 900
At 31 March 2025 900
NET BOOK VALUE
At 31 March 2025 3,600

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
Additions 51,230
At 31 March 2025 51,230
DEPRECIATION
Charge for period 6,765
At 31 March 2025 6,765
NET BOOK VALUE
At 31 March 2025 44,465

OBI SPORTS LTD (REGISTERED NUMBER: 15309236)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Period 27 November 2023 to 31 March 2025

5. TANGIBLE FIXED ASSETS - continued

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and
machinery
etc
£   
COST
Additions 30,000
At 31 March 2025 30,000
DEPRECIATION
Charge for period 1,458
At 31 March 2025 1,458
NET BOOK VALUE
At 31 March 2025 28,542

6. DEBTORS
£   
Amounts falling due within one year:
Trade debtors 120,930
Other debtors 2,593
Directors' current accounts 9,097
132,620

Amounts falling due after more than one year:
Tax 3,070

Aggregate amounts 135,690

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Hire purchase contracts 5,791
Trade creditors 22,392
Tax 107,207
Social security and other taxes 48,240
VAT 24,345
Other creditors 20
Accrued expenses 45,594
253,589

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
£   
Hire purchase contracts 18,665

OBI SPORTS LTD (REGISTERED NUMBER: 15309236)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Period 27 November 2023 to 31 March 2025

9. PROVISIONS FOR LIABILITIES
£   
Deferred tax 4,881

Deferred
tax
£   
Accelerated Capital Allowances 4,881
Balance at 31 March 2025 4,881

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal
value: £   
1 Ordinary £1 1

1 Ordinary share of £1 was allotted and fully paid for cash at par during the period.

11. RESERVES
Retained
earnings
£   

Profit for the period 282,520
At 31 March 2025 282,520