REGISTERED NUMBER: 13509798 (England and Wales)

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

CENTRE FOR SPORT AND HUMAN RIGHTS

TRADING LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

M L Thompson Oliver

W Rook

SECRETARY:

Silverline Secretaries Limited

REGISTERED OFFICE:

19c Commercial Road

Eastbourne

East Sussex

BN21 3XE

REGISTERED NUMBER:

13509798 (England and Wales)

SENIOR STATUTORY AUDITOR:

Kevin Fisher FCA

AUDITORS:

Kingston Burrowes Audit Ltd

308 Ewell Road

Surbiton

Surrey

KT6 7AL

FIXED ASSETS

Investments

4

50

-

CURRENT ASSETS

Debtors

5

43,417

53,305

Cash at bank

50,172

22,473

93,589

75,778

CREDITORS

Amounts falling due within one year

6

59,793

14,638

NET CURRENT ASSETS

33,796

61,140

TOTAL ASSETS LESS CURRENT LIABILITIES

33,846

61,140

CAPITAL AND RESERVES

Called up share capital

7

1

1

Retained earnings

33,845

61,139

SHAREHOLDERS' FUNDS

33,846

61,140

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 11 September 2025 and were signed on its behalf by:

W Rook - Director

1.	STATUTORY INFORMATION

Centre For Sport and Human Rights Trading 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.

Financial instruments

Financial assets and financial liabilities are recognised in the balance sheet when the charity becomes a party to the contractual provisions of the instrument.

Trade and other debtors and creditors are classified as basic financial instruments and are initially measured at initial recognition at transaction price. Debtors and creditors are subsequently measured at amortised cost using the effective interest rate method. A provision is established when there is objective evidence that the company will not be able to collect all amounts due. Cash and cash equivalents are classified as basic financial instruments and comprise cash at bank and short-term bank deposits with an original maturity of three months or less which are an integral part of the charity's cash management.

Financial liabilities issued by the company are classified in accordance with the substance of the contractual arrangements entered into and meet the definitions of a financial liability.

Financial assets are de-recognised when:

- the contractual rights to the cash flows from the financial asset expire or are settled; or

- the charity transfers to another party substantially all of the risks and rewards of ownership of the financial asset; or

- the charity despite having retained some but not all significant risks and rewards of ownership, has transferred control of the asset to another party. Financial liabilities are de-recognised only when the obligation specified in the contract is discharged, cancelled or expires.

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.

Foreign currencies

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 of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Gift aid payment to parent charitable company

The company pays all its taxable profits for the reporting period to its parent charitable company under the gift aid scheme. These gift aid payments are recognised as distributions to owners in equity within retained earnings.

At the reporting date there was no legal obligation in place for the company to make this gift aid payment, although prior to the reporting date the board had indicated its intention to pay the taxable profits to the parent charitable company in respect of the reporting period. Therefore, gift aid payments are only recognised in the reporting period that the payments are made. The payment is expected to be made within 9 months of the end of the reporting date.

Fixed asset investments

Investments are stated at cost less any identified impairment. An impairment review is undertaken annually by the trustees.

3.	EMPLOYEES AND DIRECTORS

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

4.	FIXED ASSET INVESTMENTS

Interest

in joint

venture

£

COST

Additions

50

At 31 December 2024

50

NET BOOK VALUE

At 31 December 2024

50

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade debtors

38,892

4,000

Amounts owed by group undertakings

-

47,253

Other debtors

4,525

2,052

43,417

53,305

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade creditors

-

12,314

Amounts owed to group undertakings

56,843

-

Amounts owed to joint ventures

50

-

Other creditors

2,900

2,324

59,793

14,638

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2024

2023

value:

£

£

1

Ordinary

£1

1

1

8.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Kevin Fisher FCA (Senior Statutory Auditor)

for and on behalf of Kingston Burrowes Audit Ltd

9.	RELATED PARTY DISCLOSURES

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

10.	ULTIMATE CONTROLLING PARTY

The company is a subsidiary of Centre for Sport and Human Rights Limited, a company incorporated in England and Wales.

The company's ultimate controlling party is Centre pour le sport et les droits de l'homme, a non-profit association constituted in Switzerland.