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REGISTERED NUMBER: 01633952 (England and Wales)














EXECUTIVE SPORTS LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025






EXECUTIVE SPORTS LIMITED (REGISTERED NUMBER: 01633952)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025










Page

Company Information 1

Balance Sheet 2 to 3

Notes to the Financial Statements 4 to 6


EXECUTIVE SPORTS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2025







DIRECTOR: Mr P H Wilcock





SECRETARY: Ms J E Wilcock





REGISTERED OFFICE: Farningham Farm
Golford Road
Cranbrook
Kent
TN17 4AL





REGISTERED NUMBER: 01633952 (England and Wales)





ACCOUNTANTS: Gibbons Mannington & Phipps LLP
Chartered Accountants
Landgate Chambers
24 Landgate
Rye
East Sussex
TN31 7LJ

EXECUTIVE SPORTS LIMITED (REGISTERED NUMBER: 01633952)

BALANCE SHEET
31 MARCH 2025

2025 2024
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 439 865
Investments 5 792,370 792,341
792,809 793,206

CURRENT ASSETS
Debtors 6 17 45
Cash at bank 91,070 18,109
91,087 18,154
CREDITORS
Amounts falling due within one year 7 174,197 99,259
NET CURRENT LIABILITIES (83,110 ) (81,105 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

709,699

712,101

PROVISIONS FOR LIABILITIES 83 164
NET ASSETS 709,616 711,937

CAPITAL AND RESERVES
Called up share capital 8 5,000 5,000
Revaluation reserve 9 55 25
Capital redemption reserve 5,000 5,000
Retained earnings 699,561 701,912
SHAREHOLDERS' FUNDS 709,616 711,937

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

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

EXECUTIVE SPORTS LIMITED (REGISTERED NUMBER: 01633952)

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 3 July 2025 and were signed by:





Mr P H Wilcock - Director


EXECUTIVE SPORTS LIMITED (REGISTERED NUMBER: 01633952)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025


1. STATUTORY INFORMATION

Executive Sports Limited 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 as modified by the revaluation of certain assets.

PREPARATION OF CONSOLIDATED FINANCIAL STATEMENTS
The financial statements contain information about Executive Sports Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

TANGIBLE FIXED ASSETS
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Computer equipment - 33% on cost

INVESTMENTS IN SUBSIDIARIES
Investments in subsidiary undertakings are recognised at cost.

INVESTMENTS IN LISTED COMPANIES
Investments in listed companies are recognised at the market value as at the balance sheet date. Any unrealised gains are recognised in a revaluation reserve.

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 NIL (2024 - NIL).

EXECUTIVE SPORTS LIMITED (REGISTERED NUMBER: 01633952)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2025


4. TANGIBLE FIXED ASSETS
Computer
equipment
£   
COST
At 1 April 2024
and 31 March 2025 1,291
DEPRECIATION
At 1 April 2024 426
Charge for year 426
At 31 March 2025 852
NET BOOK VALUE
At 31 March 2025 439
At 31 March 2024 865

5. FIXED ASSET INVESTMENTS
Shares in
group Other
undertakings investments Totals
£    £    £   
COST OR VALUATION
At 1 April 2024 792,098 243 792,341
Revaluations - 29 29
At 31 March 2025 792,098 272 792,370
NET BOOK VALUE
At 31 March 2025 792,098 272 792,370
At 31 March 2024 792,098 243 792,341

Cost or valuation at 31 March 2025 is represented by:

Shares in
group Other
undertakings investments Totals
£    £    £   
Valuation in 2024 - 25 25
Valuation in 2025 - 29 29
Cost 792,098 218 792,316
792,098 272 792,370

If listed investments had not been revalued they would have been included at the following historical cost:

2025 2024
£    £   
Cost 218 218

EXECUTIVE SPORTS LIMITED (REGISTERED NUMBER: 01633952)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2025


6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Other debtors 17 45

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade creditors 27 88
Other creditors 174,170 99,171
174,197 99,259

Included within Other creditors above is an amount owed to a related company in which P H Wilcock is also a director.
Cranbrook Golf Club Limited (00966137) £75,000 (2024: £NIL).

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2025 2024
value: £    £   
5,000 Ordinary 1 5,000 5,000

9. RESERVES
Revaluation
reserve
£   
At 1 April 2024 25
Listed investments revaluation 30

At 31 March 2025 55

10. RELATED PARTY DISCLOSURES

As at the balance sheet date company director and shareholder; was owed £98,560 by the company, this is included in other creditors. There are no terms attached to this loan.