Sporting Edge Solutions Ltd - Accounts to registrar (filleted)

REGISTERED NUMBER: 05324420 (England and Wales)

Unaudited Financial Statements

for the Year Ended

31 January 2025

for

Sporting Edge Solutions Ltd

Page

Company Information

1

Chartered Accountants' Report

2

Balance Sheet

3

Notes to the Financial Statements

5

DIRECTOR:

J N Snape

SECRETARY:

J Snape

REGISTERED OFFICE:

Innovation Centre

Airfield Business Park

Wellington Way

Market Harborough

Leicestershire

LE16 7WB

REGISTERED NUMBER:

05324420 (England and Wales)

ACCOUNTANTS:

The Rowleys Partnership Ltd

Chartered Accountants

Charnwood House

Harcourt Way

Meridian Business Park

Leicester

Leicestershire

LE19 1WP

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Sporting Edge Solutions Ltd for the year ended 31 January 2025 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of Sporting Edge Solutions Ltd in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Sporting Edge Solutions Ltd and state those matters that we have agreed to state to the director of Sporting Edge Solutions Ltd in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Sporting Edge Solutions Ltd and its director for our work or for this report.

It is your duty to ensure that Sporting Edge Solutions Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Sporting Edge Solutions Ltd. You consider that Sporting Edge Solutions Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Sporting Edge Solutions Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

The Rowleys Partnership Ltd

Chartered Accountants

Charnwood House

Harcourt Way

Meridian Business Park

Leicester

Leicestershire

LE19 1WP

17 September 2025

FIXED ASSETS

Tangible assets

4

6,071

10,191

CURRENT ASSETS

Debtors

5

307,339

127,819

Cash at bank

13,568

9,464

320,907

137,283

CREDITORS

Amounts falling due within one year

6

210,991

102,082

NET CURRENT ASSETS

109,916

35,201

TOTAL ASSETS LESS CURRENT
LIABILITIES

115,987

45,392

CREDITORS

Amounts falling due after more than
one year

7

(5,000

)

(15,000

)

PROVISIONS FOR LIABILITIES

(1,518

)

(2,548

)

NET ASSETS

109,469

27,844

CAPITAL AND RESERVES

Called up share capital

9

10,000

Retained earnings

99,469

17,844

SHAREHOLDERS' FUNDS

109,469

27,844

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 17 September 2025 and were signed by:

J N Snape - Director

1.	STATUTORY INFORMATION

Sporting Edge Solutions 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 represents the value of services provided under contracts to the extent that there is a right to consideration and is recorded at the value of the consideration due. Where a contract has only been partially completed at the balance sheet date, turnover represents the value of the service provided to date based on a proportion of the total expected consideration at completion. Where payments are received from customers in advance of services provided, the amounts are recorded as deferred income and included as part of creditors due within one year.

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 cost

Office equipment

-

25% on cost

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 2 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Office

fittings

equipment

Totals

£

COST

At 1 February 2024

and 31 January 2025

13,149

18,230

31,379

DEPRECIATION

At 1 February 2024

13,149

8,039

21,188

Charge for year

-

4,120

At 31 January 2025

13,149

12,159

25,308

NET BOOK VALUE

At 31 January 2025

-

6,071

At 31 January 2024

-

10,191

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.25

31.1.24

£

Trade debtors

205,073

67,460

Other debtors

500

60,213

Directors' loan accounts

75,651

-

Tax

25,532

-

Prepayments

583

146

307,339

127,819

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.25

31.1.24

£

Bank loans and overdrafts

10,000

28,823

Trade creditors

9,470

3,721

Corporation tax

84,188

48,865

Social security and other taxes

144

-

VAT

28,941

11,269

Other creditors

26,168

1,257

Directors' loan accounts

-

3,869

Accruals and deferred income

52,080

4,278

210,991

102,082

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.1.25

31.1.24

£

Bank loans - 1-2 years

5,000

10,000

Bank loans - 2-5 years

-

5,000

15,000

8.	SECURED DEBTS

The following secured debts are included within creditors:

31.1.25

31.1.24

£

Bank loans

-

18,823

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.1.25

31.1.24

value:

£

10,000

Ordinary

£1

10,000

10.	OTHER FINANCIAL COMMITMENTS

Total financial commitments which are not included in the balance sheet amount to £515 (2024 £6,695)

11.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 January 2025 and 31 January 2024:

31.1.25

31.1.24

£

J N Snape

Balance outstanding at start of year

-

Amounts advanced

75,651

-

Amounts repaid

-

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

75,651

-

The above loan is interest free and repayable on demand.