Target Sports Consulting (UK) Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 04706193 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2025

for

TARGET SPORTS CONSULTING (UK) LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Director:

Mr T Gornall

Secretary:

Ms S Ogle

Registered office:

24 Elmar Road

Aigburth

Liverpool

Merseyside

L17 0DB

Registered number:

04706193 (England and Wales)

Accountants:

Cowgills Limited

1st Floor Waterside House

Waterside Drive

Wigan

Lancashire

WN3 5AZ

FIXED ASSETS

Tangible assets

4

6,420

5,131

CURRENT ASSETS

Debtors

5

6,631

10,686

Cash at bank

67,319

73,997

73,950

84,683

CREDITORS

Amounts falling due within one year

6

6,628

34,096

NET CURRENT ASSETS

67,322

50,587

TOTAL ASSETS LESS CURRENT
LIABILITIES

73,742

55,718

PROVISIONS FOR LIABILITIES

7

1,605

1,283

NET ASSETS

72,137

54,435

CAPITAL AND RESERVES

Called up share capital

8

1

Retained earnings

72,136

54,434

SHAREHOLDERS' FUNDS

72,137

54,435

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.

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 18 September 2025 and were signed by:

Mr T Gornall - Director

1.	STATUTORY INFORMATION

Target Sports Consulting (UK) 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.

Fixtures and fittings

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

Tangible fixed assets are stated at cost less accumulated depreciation and accumulated impairment losses.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 1 (2024 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Computer

fittings

equipment

Totals

£

COST

At 1 April 2024

20,900

3,526

24,426

Additions

2,870

-

2,870

At 31 March 2025

23,770

3,526

27,296

DEPRECIATION

At 1 April 2024

18,330

965

19,295

Charge for year

1,109

472

1,581

At 31 March 2025

19,439

1,437

20,876

NET BOOK VALUE

At 31 March 2025

4,331

2,089

6,420

At 31 March 2024

2,570

2,561

5,131

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

Trade debtors

6,188

6,006

Amounts owed by group undertakings

-

4,680

Other debtors

443

-

6,631

10,686

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

Taxation and social security

6,403

9,721

Other creditors

225

24,375

6,628

34,096

7.	PROVISIONS FOR LIABILITIES

31.3.25

31.3.24

£

Deferred tax

1,605

1,283

Deferred

tax

£

Balance at 1 April 2024

1,283

Provided during year

322

Balance at 31 March 2025

1,605

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.25

31.3.24

value:

£

1

Ordinary

£1

1