REGISTERED NUMBER: 05552916 (England and Wales)

Financial Statements for the Year Ended 30 September 2024

for

Active Sports Group INT Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

M Whitwood

REGISTERED OFFICE:

100 Sefton Lane

Maghull

Liverpool

Merseyside

L31 8BT

REGISTERED NUMBER:

05552916 (England and Wales)

ACCOUNTANTS:

Cobham Murphy

116 Duke Street

Liverpool

Merseyside

L1 5JW

FIXED ASSETS

Intangible assets

4

191,247

144,202

Tangible assets

5

10,781

14,298

202,028

158,500

CURRENT ASSETS

Debtors

6

62,473

44,677

Cash at bank

27,643

32,452

90,116

77,129

CREDITORS

Amounts falling due within one year

7

189,510

132,464

NET CURRENT LIABILITIES

(99,394

)

(55,335

)

TOTAL ASSETS LESS CURRENT LIABILITIES

102,634

103,165

CREDITORS

Amounts falling due after more than one year

8

(90,779

)

(41,200

)

PROVISIONS FOR LIABILITIES

(2,695

)

(2,717

)

ACCRUALS AND DEFERRED INCOME

(1,998

)

(3,996

)

NET ASSETS

7,162

55,252

CAPITAL AND RESERVES

Called up share capital

200

200

Retained earnings

6,962

55,052

SHAREHOLDERS' FUNDS

7,162

55,252

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2024 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 29 September 2025 and were signed by:

M Whitwood - Director

1.	STATUTORY INFORMATION

Active Sports Group INT 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

Significant judgements and estimates

There are no judgements (apart from those involving estimates) that have had a significant effect on amounts recognised in the financial statements.

Turnover

Turnover is measured at the fair value of the sports educational fees, soccer club fees and franchise fees received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Revenue is recognised when the coaching is complete.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Computer software is being amortised evenly over its estimated useful life of ten years.

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

-

33% on cost and 20% on cost

Financial instruments

Directors loans and intercompany loans (being repayable on demand), trade debtors and trade creditors are measured at the undiscounted amount of the cash or other consideration expected to be paid or received.

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.

Government grants

Grants that relate to capital expenditure on tangible assets are credited to the profit and loss account at the same rates as the depreciation on the assets to which the grants relate. Grants of a revenue nature are credited to income in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 7 (2023 - 6 ) .

4.	INTANGIBLE FIXED ASSETS

Other

intangible

assets

£

COST

At 1 October 2023

268,564

Additions

68,295

At 30 September 2024

336,859

AMORTISATION

At 1 October 2023

124,362

Charge for year

21,250

At 30 September 2024

145,612

NET BOOK VALUE

At 30 September 2024

191,247

At 30 September 2023

144,202

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 October 2023

35,969

Additions

750

At 30 September 2024

36,719

DEPRECIATION

At 1 October 2023

21,671

Charge for year

4,267

At 30 September 2024

25,938

NET BOOK VALUE

At 30 September 2024

10,781

At 30 September 2023

14,298

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.24

30.9.23

£

£

Trade debtors

59,657

38,256

Other debtors

2,816

6,421

62,473

44,677

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.24

30.9.23

£

£

Bank loans and overdrafts

32,104

13,520

Trade creditors

3,190

3,190

Taxation and social security

83,814

52,609

Other creditors

70,402

63,145

189,510

132,464

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30.9.24

30.9.23

£

£

Bank loans

58,160

1,591

Other creditors

32,619

39,609

90,779

41,200

Amounts falling due in more than five years:

Repayable by instalments

Other loans more 5yrs instal

4,660

11,650

9.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

30.9.24

30.9.23

£

£

Within one year

4,702

4,702

Between one and five years

13,350

18,052

18,052

22,754

10.	SECURED DEBTS

The following secured debts are included within creditors:

30.9.24

30.9.23

£

£

Bank loans

90,264

15,111

11.	RELATED PARTY DISCLOSURES

Included in creditors at 30th September 2024 is £30,596 owed to a related party under common control. The loan is repayable on demand and interest free.