ALTUS SPORTS MANAGEMENT LTD


Director	MCQUAID, Gary


Registered Address	Ferrings Lodge Plumpton Lane
	Plumpton
	Lewes
	BN7 3AD


Registered Number	09870806 (England and Wales)

Balance Sheet as at
31 March 2025

	Notes	2025		2024
		£	£	£	£
Fixed assets
Tangible assets	3		34,494		33,882
			34,494		33,882
Current assets
Debtors	4	78,241		6,544
Cash at bank and on hand		99,757		81,354
		177,998		87,898
Creditors amounts falling due within one year	5	(211,849)		(66,705)
Net current assets (liabilities)			(33,851)		21,193
Total assets less current liabilities			643		55,075
Net assets			643		55,075
Capital and reserves
Called up share capital			100		100
Profit and loss account			543		54,975
Shareholders' funds			643		55,075

The company was entitled to exemption from audit for this reporting period under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The Director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Director on 29 September 2025, and are signed on its behalf by:

MCQUAID, Gary
Director
Registered Company No. 09870806

ALTUS SPORTS MANAGEMENT LTD

Notes to the Financial Statements
for the year ended 31 March 2025

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the financial reporting standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover policy
	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.

	Revenue from rendering of services
	Revenue 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.

	Tangible fixed assets and depreciation
	All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:

Tangible fixed assets and depreciation

All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:


		Reducing balance (%)
	Plant and machinery	25
	Vehicles	25
	Office Equipment	25

2.	Average number of employees


		2025		2024
	Average number of employees during the year	1		1

3.	Tangible fixed assets

	Plant & machinery	Vehicles	Office Equipment	Total
	£	£	£	£
Cost or valuation
At 01 April 24	76,079	-	9,739	85,818
Additions	-	24,649	-	24,649
Disposals	(29,079)	-	-	(29,079)
At 31 March 25	47,000	24,649	9,739	81,388
Depreciation and impairment
At 01 April 24	46,779	-	5,157	51,936
Charge for year	6,517	1,027	1,145	8,689
On disposals	(13,731)	-	-	(13,731)
At 31 March 25	39,565	1,027	6,302	46,894
Net book value
At 31 March 25	7,435	23,622	3,437	34,494
At 31 March 24	29,300	-	4,582	33,882

4.	Debtors: amounts due within one year

	2025	2024
	£	£
Trade debtors / trade receivables	72,347	2,296
Other debtors	5,894	4,248
Total	78,241	6,544

5.	Creditors: amounts due within one year

	2025	2024
	£	£
Taxation and social security	22,142	64,355
Accrued liabilities and deferred income	189,707	2,350
Total	211,849	66,705

6.	Change in reporting period and impact on comparability
	Last year income was recognized when invoiced. This year the revenue has been recognized over the term of the contract with any revenue for periods beyond the year end being deferred in the accounts.