D K Sports Management Limited

	Page
Balance Sheet	1—2
Statement of Changes in Equity	3
Notes to the Financial Statements	4—5

Registered number: 07368957

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		23,368		34,090

			23,368		34,090
CURRENT ASSETS
Debtors	5	35,897		35,437
Cash at bank and in hand		28,933		25,054

		64,830		60,491
Creditors: Amounts Falling Due Within One Year	6	(9,707 )		(15,153 )

NET CURRENT ASSETS (LIABILITIES)			55,123		45,338

TOTAL ASSETS LESS CURRENT LIABILITIES			78,491		79,428

PROVISIONS FOR LIABILITIES
Deferred Taxation			(5,554 )		(6,477 )

NET ASSETS			72,937		72,951

CAPITAL AND RESERVES
Called up share capital	7		4		4
Profit and Loss Account			72,933		72,947

SHAREHOLDERS' FUNDS			72,937		72,951

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D K Sports Management Limited

Balance Sheet (continued)

As At 28 February 2025

For the year ending 28 February 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mrs Danielle Rowe

Director

23rd September 2025

The notes on pages 4 to 5 form part of these financial statements.

	Share Capital	Profit and Loss Account	Total
	£	£	£
As at 1 March 2023	4	106,853	106,857
Loss for the year and total comprehensive income	-	(22,403 )	(22,403)

Dividends paid	-	(11,503)	(11,503)

As at 29 February 2024 and 1 March 2024	4	72,947	72,951


Profit for the year and total comprehensive income	-	9,986	9,986

Dividends paid	-	(10,000)	(10,000)

As at 28 February 2025	4	72,933	72,937

1. General Information

D K Sports Management Limited is a private company, limited by shares, incorporated in England & Wales, registered number 07368957 . The registered office is 1 London Road, Ipswich, IP1 2HA.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery	20%
Motor Vehicles	20%
Fixtures & Fittings	33% SL
Computer Equipment	33% SL

2.4. Foreign Currencies

Monetary 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 ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.

2.5. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.

Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.

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D K Sports Management Limited

Notes to the Financial Statements (continued)

For The Year Ended 28 February 2025

3. Average Number of Employees

Average number of employees, including directors, during the year was: 1 (2024: 1)

4. Tangible Assets

	Plant & Machinery	Motor Vehicles	Fixtures & Fittings	Computer Equipment	Total
	£	£	£	£	£
Cost
As at 1 March 2024	23,666	24,292	7,032	10,194	65,184

As at 28 February 2025	23,666	24,292	7,032	10,194	65,184

Depreciation
As at 1 March 2024	7,091	8,907	7,032	8,064	31,094
Provided during the period	4,606	4,858	-	1,258	10,722

As at 28 February 2025	11,697	13,765	7,032	9,322	41,816

Net Book Value
As at 28 February 2025	11,969	10,527	-	872	23,368

As at 1 March 2024	16,575	15,385	-	2,130	34,090

5. Debtors

	2025	2024
	£	£
Due within one year
Other debtors	35,000	35,285
Other taxes and social security	152	152
Director's loan account	745	-

	35,897	35,437

6. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
VAT	126	126
Net wages	8,441	8,441
Accruals and deferred income	1,140	1,140
Director's loan account	-	5,446

	9,707	15,153

7. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	4	4

8. Directors Advances, Credits and Guarantees

Dividends paid to directors

	2025	2024
	£	£
Mrs Danielle Rowe	10,000	11,503

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