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REGISTERED NUMBER: 07512997 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

AD SPORTS LIMITED

AD SPORTS LIMITED (REGISTERED NUMBER: 07512997)

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


AD SPORTS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2024







DIRECTORS: A L Dyer
Mrs N Dyer





REGISTERED OFFICE: 47 Cardonnel Road
Skewen
Neath
West Glamorgan
SA10 6BT





REGISTERED NUMBER: 07512997 (England and Wales)





ACCOUNTANTS: DAVID WRIGHT ACCOUNTANTS LIMITED
Unit 10
Bridgend Business Park
Bennett Street
Bridgend
Glamorgan
CF31 3SH

AD SPORTS LIMITED (REGISTERED NUMBER: 07512997)

BALANCE SHEET
31 DECEMBER 2024

31/12/24 31/12/23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 302,662 280,887

CURRENT ASSETS
Debtors 5 75,003 64,568
Cash at bank 91,686 36,669
166,689 101,237
CREDITORS
Amounts falling due within one year 6 133,556 155,939
NET CURRENT ASSETS/(LIABILITIES) 33,133 (54,702 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

335,795

226,185

CREDITORS
Amounts falling due after more than one year 7 (32,093 ) (36,680 )

PROVISIONS FOR LIABILITIES (604 ) (539 )
NET ASSETS 303,098 188,966

CAPITAL AND RESERVES
Called up share capital 10 10
Retained earnings 303,088 188,956
SHAREHOLDERS' FUNDS 303,098 188,966

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.

AD SPORTS LIMITED (REGISTERED NUMBER: 07512997)

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 12 August 2025 and were signed on its behalf by:





A L Dyer - Director


AD SPORTS LIMITED (REGISTERED NUMBER: 07512997)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024


1. STATUTORY INFORMATION

AD 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.

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 - 25% on reducing balance and 15% on reducing balance

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.

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 year was 2 (2023 - 3 ) .

AD SPORTS LIMITED (REGISTERED NUMBER: 07512997)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2024


4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 January 2024 263,727 66,033 329,760
Additions 24,151 1,820 25,971
At 31 December 2024 287,878 67,853 355,731
DEPRECIATION
At 1 January 2024 - 48,873 48,873
Charge for year - 4,196 4,196
At 31 December 2024 - 53,069 53,069
NET BOOK VALUE
At 31 December 2024 287,878 14,784 302,662
At 31 December 2023 263,727 17,160 280,887

5. DEBTORS
31/12/24 31/12/23
£    £   
Amounts falling due within one year:
Trade debtors 18,000 -
Other debtors 27,673 33,320
45,673 33,320

Amounts falling due after more than one year:
Other debtors 29,330 31,248

Aggregate amounts 75,003 64,568

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/12/24 31/12/23
£    £   
Bank loans and overdrafts 6,000 6,000
Trade creditors - 2,284
Amounts owed to participating interests 61,200 122,400
Taxation and social security 39,869 (10,364 )
Other creditors 26,487 35,619
133,556 155,939

AD SPORTS LIMITED (REGISTERED NUMBER: 07512997)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2024


7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31/12/24 31/12/23
£    £   
Bank loans 2,763 8,556
Other creditors 29,330 28,124
32,093 36,680