The Sports Consultancy Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 05983219 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2024

for

THE SPORTS CONSULTANCY LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

A R J Buchanan

R A S Datnow

C R Buchanan

A M Datnow

D S Rogers

SECRETARY:

R A S Datnow

REGISTERED OFFICE:

Newlands House 4th Floor

40 Berners Street

London

W1T 3NA

REGISTERED NUMBER:

05983219 (England and Wales)

ACCOUNTANTS:

John Andrew Chartered Accountants

17-19 Market Street

KIRKBY STEPHEN

Cumbria

CA17 4QS

FIXED ASSETS

Tangible assets

4

77,647

43,766

Investments

5

43,510

21,976

121,157

65,742

CURRENT ASSETS

Debtors

6

1,976,235

2,413,544

Cash at bank

1,435,943

2,062,286

3,412,178

4,475,830

CREDITORS

Amounts falling due within one year

7

575,575

1,569,302

NET CURRENT ASSETS

2,836,603

2,906,528

TOTAL ASSETS LESS CURRENT
LIABILITIES

2,957,760

2,972,270

CREDITORS

Amounts falling due after more than one
year

8

37,500

87,500

NET ASSETS

2,920,260

2,884,770

CAPITAL AND RESERVES

Called up share capital

9

13

14

Retained earnings

2,920,247

2,884,756

SHAREHOLDERS' FUNDS

2,920,260

2,884,770

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.

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 Board of Directors and authorised for issue on 29 September 2025 and were signed on its behalf by:

D S Rogers - Director

1.	STATUTORY INFORMATION

The Sports Consultancy 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.

Related party exemption

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.

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.

Long leasehold

-

in accordance with the property

Office furniture and equipment

-

20% on cost

Computer equipment

-

25% on cost

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company makes contributions to the personal pension schemes of certain employees. The assets of the schemes are held separately from those of the company. The annual contributions payable are charged to the profit and loss account.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 47 (2023 - 38 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

COST

At 1 January 2024

-

81,821

Additions

13,113

48,552

61,665

Disposals

-

(11,197

)

(11,197

)

At 31 December 2024

13,113

119,176

132,289

DEPRECIATION

At 1 January 2024

-

38,055

Charge for year

3,590

22,702

26,292

Eliminated on disposal

-

(9,705

)

(9,705

)

At 31 December 2024

3,590

51,052

54,642

NET BOOK VALUE

At 31 December 2024

9,523

68,124

77,647

At 31 December 2023

-

43,766

5.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1 January 2024

21,976

Additions

21,534

At 31 December 2024

43,510

NET BOOK VALUE

At 31 December 2024

43,510

At 31 December 2023

21,976

The company's investments at the Balance Sheet date were in the share capital of The Sports Consultancy Legal Limited, The Sports Consultancy Arabia for Sports LLC and The Sports Consultancy Arabia F.Z LLC.

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/12/24

31/12/23

£

Trade debtors

1,541,969

2,181,849

Amounts owed by group undertakings

191,889

51,750

Other debtors

242,377

179,945

1,976,235

2,413,544

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/12/24

31/12/23

£

Bank loans and overdrafts

50,000

Trade creditors

231,607

248,373

Corporation tax

-

214,860

VAT

-

161,990

Other creditors

150,449

198,022

Deferred income

143,519

696,057

575,575

1,569,302

An overdraft facility is in place with the bank. This is secured by a fixed and floating charge over the company’s assets.

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

31/12/24

31/12/23

£

Bank loans - 2-5 years

37,500

87,500

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31/12/24

31/12/23

value:

£

600,000

A Ordinary

0.001

p

6

142,000

B Ordinary

0.001

p

1

2

600,000

C Ordinary

0.001

p

6

13

14

10.	OTHER FINANCIAL COMMITMENTS

The company had total guarantees and commitments at the balance sheet date of £518,575 (2023 - £734,173)

11.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 December 2024 and 31 December 2023:

31/12/24

31/12/23

£

R A S Datnow

Balance outstanding at start of year

26,762

-

Amounts advanced

-

50,000

Amounts repaid

(26,762

)

(23,238

)

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

-

26,762

A R J Buchanan

Balance outstanding at start of year

-

Amounts advanced

5,280

-

Amounts repaid

-

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

5,280

-