REGISTERED NUMBER: 12694316 (England and Wales)

Financial Statements for the Year Ended 31 December 2024

for

Hunch Sports Ltd

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

3

DIRECTORS:

A D J Wall

D T Williams

S N Hyland

T C Tarrant

REGISTERED OFFICE:

10 Oving Road

Whitchurch

Aylesbury

London

HP22 4JF

REGISTERED NUMBER:

12694316 (England and Wales)

ACCOUNTANTS:

Millward, May & Co

The Overhangs

55a Peach Street

Wokingham

Berkshire

RG40 1XP

FIXED ASSETS

Intangible assets

4

279,443

249,134

Tangible assets

5

404

561

279,847

249,695

CURRENT ASSETS

Debtors

6

-

23,465

Cash at bank

1,798

45,515

1,798

68,980

CREDITORS

Amounts falling due within one year

7

124,278

123,280

NET CURRENT LIABILITIES

(122,480

)

(54,300

)

TOTAL ASSETS LESS CURRENT LIABILITIES

157,367

195,395

CAPITAL AND RESERVES

Called up share capital

160

147

Share premium

532,414

432,426

Retained earnings

(375,207

)

(237,178

)

157,367

195,395

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 18 September 2025 and were signed on its behalf by:

A D J Wall - Director

1.	STATUTORY INFORMATION

Hunch Sports 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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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.

Development costs are being amortised evenly over their 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.

Computer equipment - 3 year straight line

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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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 1 (2023 - 1 ) .

4.	INTANGIBLE FIXED ASSETS

Other

intangible

assets

£

COST

At 1 January 2024

307,371

Additions

67,830

At 31 December 2024

375,201

AMORTISATION

At 1 January 2024

58,237

Charge for year

37,521

At 31 December 2024

95,758

NET BOOK VALUE

At 31 December 2024

279,443

At 31 December 2023

249,134

5.	TANGIBLE FIXED ASSETS

Computer

equipment

£

COST

At 1 January 2024

757

Additions

164

Disposals

(83

)

At 31 December 2024

838

DEPRECIATION

At 1 January 2024

196

Charge for year

294

Eliminated on disposal

(56

)

At 31 December 2024

434

NET BOOK VALUE

At 31 December 2024

404

At 31 December 2023

561

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Other debtors

-

23,465

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Trade creditors

11,467

11,935

Taxation and social security

24

9,740

Other creditors

112,787

101,605

124,278

123,280

8.	RELATED PARTY DISCLOSURES