REGISTERED NUMBER: SC645142 (Scotland)

Unaudited Financial Statements for the Year Ended 31 December 2024

for

Consilium Sports Group Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

J M Martin

J McNamara

Ms H L Parker

REGISTERED OFFICE:

42 Eskbank Road

Dalkeith

EH22 3BT

REGISTERED NUMBER:

SC645142 (Scotland)

ACCOUNTANTS:

Neil Nisbet & Co.

c/o Neil Nisbet & Co.

Thain House

226 Queensferry Road

Edinburgh

EH4 2BP

FIXED ASSETS

Intangible assets

4

25,780

27,499

Tangible assets

5

1,932

-

27,712

27,499

CURRENT ASSETS

Debtors

6

113,215

12,128

Cash at bank and in hand

559

43,371

113,774

55,499

CREDITORS

Amounts falling due within one year

7

276,884

161,341

NET CURRENT LIABILITIES

(163,110

)

(105,842

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(135,398

)

(78,343

)

CREDITORS

Amounts falling due after more than one year

8

14,167

24,167

NET LIABILITIES

(149,565

)

(102,510

)

CAPITAL AND RESERVES

Called up share capital

800

800

Share premium

87,220

87,220

Retained earnings

(237,585

)

(190,530

)

SHAREHOLDERS' FUNDS

(149,565

)

(102,510

)

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 30 September 2025 and were signed on its behalf by:

J M Martin - Director

1.	STATUTORY INFORMATION

Consilium Sports Group Ltd is a private company, limited by shares , registered in Scotland. 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.

The accounts have been prepared on the going concern concept on the basis that the directors are confident that the business will be profitable going forward.

Turnover

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

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2019, is being amortised evenly over its estimated useful life of twenty years.

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.

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

-

25% on cost

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.

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 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2023 - 5 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 January 2024

and 31 December 2024

34,375

AMORTISATION

At 1 January 2024

6,876

Charge for year

1,719

At 31 December 2024

8,595

NET BOOK VALUE

At 31 December 2024

25,780

At 31 December 2023

27,499

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 January 2024

2,105

Additions

1,932

At 31 December 2024

4,037

DEPRECIATION

At 1 January 2024

and 31 December 2024

2,105

NET BOOK VALUE

At 31 December 2024

1,932

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Trade debtors

13,319

1,701

Other debtors

99,896

10,427

113,215

12,128

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Bank loans and overdrafts

10,000

10,000

Trade creditors

151

259

Taxation and social security

152,873

144,192

Other creditors

113,860

6,890

276,884

161,341

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.24

31.12.23

£

£

Bank loans

14,167

24,167

9.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

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

31.12.24

31.12.23

£

£

J M Martin

Balance outstanding at start of year

3,911

-

Amounts advanced

-

3,911

Amounts repaid

(3,911

)

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

-

3,911

10.	RELATED PARTY DISCLOSURES

At the balance sheet date the company was owed an amount of £36,171 from DLTM Limited, a company controlled by a director. The loan existing at the balance sheet date has subsequently been repaid.