REGISTERED NUMBER: 11476292 (England and Wales)

Financial Statements for the Year Ended 31 December 2024

for

Oprem Sports Assets Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

A Lena

M Stampfer

REGISTERED OFFICE:

WeWork

C/O Price & Accountants Ltd

1 Fore Street Avenue

London

EC2Y 9DT

REGISTERED NUMBER:

11476292 (England and Wales)

ACCOUNTANTS:

Price & Accountants Ltd

WeWork

1 Fore Street Avenue

London

EC2Y 9DT

CURRENT ASSETS

Debtors

4

721,889

638,433

Cash at bank

3,900

2,592

725,789

641,025

CREDITORS

Amounts falling due within one year

5

117,230

26,839

NET CURRENT ASSETS

608,559

614,186

TOTAL ASSETS LESS CURRENT LIABILITIES

608,559

614,186

CAPITAL AND RESERVES

Called up share capital

3,526,928

3,526,928

Share premium

2,821,440

2,821,440

Retained earnings

(5,739,809

)

(5,734,182

)

608,559

614,186

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 4 September 2025 and were signed on its behalf by:

M Stampfer - Director

1.	STATUTORY INFORMATION

Oprem Sports Assets 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.

Foreign currencies

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 of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

3.	EMPLOYEES AND DIRECTORS

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

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Trade debtors

-

26,910

Amounts owed by group undertakings

721,889

609,723

Other debtors

-

1,800

721,889

638,433

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Bank loans and overdrafts

362

-

Trade creditors

2,596

22,974

Amounts owed to group undertakings

105,983

-

Other creditors

8,289

3,865

117,230

26,839

6.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Oprem Group AG.