2024-02-01 2025-01-31 2025-01-31 false 05299368 SPORTS & LEISURE BRANDS LTD 2025-05-21 false iso4217:GBP xbrli:pure 05299368 2024-01-31 05299368 2025-01-31 05299368 2024-02-01 2025-01-31 05299368 2023-01-31 05299368 2024-01-31 05299368 2023-02-01 2024-01-31 05299368 bus:SmallEntities 2024-02-01 2025-01-31 05299368 bus:AuditExempt-NoAccountantsReport 2024-02-01 2025-01-31 05299368 bus:FullAccounts 2024-02-01 2025-01-31 05299368 bus:PrivateLimitedCompanyLtd 2024-02-01 2025-01-31 05299368 core:WithinOneYear 2025-01-31 05299368 core:AfterOneYear 2025-01-31 05299368 core:WithinOneYear 2024-01-31 05299368 core:AfterOneYear 2024-01-31 05299368 core:ShareCapital 2025-01-31 05299368 core:SharePremium 2025-01-31 05299368 core:RevaluationReserve 2025-01-31 05299368 core:OtherReservesSubtotal 2025-01-31 05299368 core:RetainedEarningsAccumulatedLosses 2025-01-31 05299368 core:ShareCapital 2024-01-31 05299368 core:SharePremium 2024-01-31 05299368 core:RevaluationReserve 2024-01-31 05299368 core:OtherReservesSubtotal 2024-01-31 05299368 core:RetainedEarningsAccumulatedLosses 2024-01-31 05299368 core:LandBuildings 2025-01-31 05299368 core:PlantMachinery 2025-01-31 05299368 core:Vehicles 2025-01-31 05299368 core:FurnitureFittings 2025-01-31 05299368 core:OfficeEquipment 2025-01-31 05299368 core:NetGoodwill 2025-01-31 05299368 core:IntangibleAssetsOtherThanGoodwill 2025-01-31 05299368 core:ListedExchangeTraded 2025-01-31 05299368 core:UnlistedNon-exchangeTraded 2025-01-31 05299368 core:LandBuildings 2024-01-31 05299368 core:PlantMachinery 2024-01-31 05299368 core:Vehicles 2024-01-31 05299368 core:FurnitureFittings 2024-01-31 05299368 core:OfficeEquipment 2024-01-31 05299368 core:NetGoodwill 2024-01-31 05299368 core:IntangibleAssetsOtherThanGoodwill 2024-01-31 05299368 core:ListedExchangeTraded 2024-01-31 05299368 core:UnlistedNon-exchangeTraded 2024-01-31 05299368 core:LandBuildings 2024-02-01 2025-01-31 05299368 core:PlantMachinery 2024-02-01 2025-01-31 05299368 core:Vehicles 2024-02-01 2025-01-31 05299368 core:FurnitureFittings 2024-02-01 2025-01-31 05299368 core:OfficeEquipment 2024-02-01 2025-01-31 05299368 core:NetGoodwill 2024-02-01 2025-01-31 05299368 core:IntangibleAssetsOtherThanGoodwill 2024-02-01 2025-01-31 05299368 core:ListedExchangeTraded 2024-02-01 2025-01-31 05299368 core:UnlistedNon-exchangeTraded 2024-02-01 2025-01-31 05299368 core:MoreThanFiveYears 2024-02-01 2025-01-31 05299368 core:Non-currentFinancialInstruments 2025-01-31 05299368 core:Non-currentFinancialInstruments 2024-01-31 05299368 dpl:CostSales 2024-02-01 2025-01-31 05299368 dpl:DistributionCosts 2024-02-01 2025-01-31 05299368 core:LandBuildings 2024-02-01 2025-01-31 05299368 core:PlantMachinery 2024-02-01 2025-01-31 05299368 core:Vehicles 2024-02-01 2025-01-31 05299368 core:FurnitureFittings 2024-02-01 2025-01-31 05299368 core:OfficeEquipment 2024-02-01 2025-01-31 05299368 dpl:AdministrativeExpenses 2024-02-01 2025-01-31 05299368 core:NetGoodwill 2024-02-01 2025-01-31 05299368 core:IntangibleAssetsOtherThanGoodwill 2024-02-01 2025-01-31 05299368 dpl:GroupUndertakings 2024-02-01 2025-01-31 05299368 dpl:ParticipatingInterests 2024-02-01 2025-01-31 05299368 dpl:GroupUndertakings core:ListedExchangeTraded 2024-02-01 2025-01-31 05299368 core:ListedExchangeTraded 2024-02-01 2025-01-31 05299368 dpl:GroupUndertakings core:UnlistedNon-exchangeTraded 2024-02-01 2025-01-31 05299368 core:UnlistedNon-exchangeTraded 2024-02-01 2025-01-31 05299368 dpl:CostSales 2023-02-01 2024-01-31 05299368 dpl:DistributionCosts 2023-02-01 2024-01-31 05299368 core:LandBuildings 2023-02-01 2024-01-31 05299368 core:PlantMachinery 2023-02-01 2024-01-31 05299368 core:Vehicles 2023-02-01 2024-01-31 05299368 core:FurnitureFittings 2023-02-01 2024-01-31 05299368 core:OfficeEquipment 2023-02-01 2024-01-31 05299368 dpl:AdministrativeExpenses 2023-02-01 2024-01-31 05299368 core:NetGoodwill 2023-02-01 2024-01-31 05299368 core:IntangibleAssetsOtherThanGoodwill 2023-02-01 2024-01-31 05299368 dpl:GroupUndertakings 2023-02-01 2024-01-31 05299368 dpl:ParticipatingInterests 2023-02-01 2024-01-31 05299368 dpl:GroupUndertakings core:ListedExchangeTraded 2023-02-01 2024-01-31 05299368 core:ListedExchangeTraded 2023-02-01 2024-01-31 05299368 dpl:GroupUndertakings core:UnlistedNon-exchangeTraded 2023-02-01 2024-01-31 05299368 core:UnlistedNon-exchangeTraded 2023-02-01 2024-01-31 05299368 core:NetGoodwill 2025-01-31 05299368 core:IntangibleAssetsOtherThanGoodwill 2025-01-31 05299368 core:LandBuildings 2025-01-31 05299368 core:PlantMachinery 2025-01-31 05299368 core:Vehicles 2025-01-31 05299368 core:FurnitureFittings 2025-01-31 05299368 core:OfficeEquipment 2025-01-31 05299368 core:AfterOneYear 2025-01-31 05299368 core:WithinOneYear 2025-01-31 05299368 core:ListedExchangeTraded 2025-01-31 05299368 core:UnlistedNon-exchangeTraded 2025-01-31 05299368 core:ShareCapital 2025-01-31 05299368 core:SharePremium 2025-01-31 05299368 core:RevaluationReserve 2025-01-31 05299368 core:OtherReservesSubtotal 2025-01-31 05299368 core:RetainedEarningsAccumulatedLosses 2025-01-31 05299368 core:NetGoodwill 2024-01-31 05299368 core:IntangibleAssetsOtherThanGoodwill 2024-01-31 05299368 core:LandBuildings 2024-01-31 05299368 core:PlantMachinery 2024-01-31 05299368 core:Vehicles 2024-01-31 05299368 core:FurnitureFittings 2024-01-31 05299368 core:OfficeEquipment 2024-01-31 05299368 core:AfterOneYear 2024-01-31 05299368 core:WithinOneYear 2024-01-31 05299368 core:ListedExchangeTraded 2024-01-31 05299368 core:UnlistedNon-exchangeTraded 2024-01-31 05299368 core:ShareCapital 2024-01-31 05299368 core:SharePremium 2024-01-31 05299368 core:RevaluationReserve 2024-01-31 05299368 core:OtherReservesSubtotal 2024-01-31 05299368 core:RetainedEarningsAccumulatedLosses 2024-01-31 05299368 core:NetGoodwill 2023-01-31 05299368 core:IntangibleAssetsOtherThanGoodwill 2023-01-31 05299368 core:LandBuildings 2023-01-31 05299368 core:PlantMachinery 2023-01-31 05299368 core:Vehicles 2023-01-31 05299368 core:FurnitureFittings 2023-01-31 05299368 core:OfficeEquipment 2023-01-31 05299368 core:AfterOneYear 2023-01-31 05299368 core:WithinOneYear 2023-01-31 05299368 core:ListedExchangeTraded 2023-01-31 05299368 core:UnlistedNon-exchangeTraded 2023-01-31 05299368 core:ShareCapital 2023-01-31 05299368 core:SharePremium 2023-01-31 05299368 core:RevaluationReserve 2023-01-31 05299368 core:OtherReservesSubtotal 2023-01-31 05299368 core:RetainedEarningsAccumulatedLosses 2023-01-31 05299368 core:AfterOneYear 2024-02-01 2025-01-31 05299368 core:WithinOneYear 2024-02-01 2025-01-31 05299368 core:Non-currentFinancialInstruments core:CostValuation 2024-02-01 2025-01-31 05299368 core:Non-currentFinancialInstruments core:AdditionsToInvestments 2024-02-01 2025-01-31 05299368 core:Non-currentFinancialInstruments core:RevaluationsIncreaseDecreaseInInvestments 2024-02-01 2025-01-31 05299368 core:Non-currentFinancialInstruments core:DisposalsDecreaseInInvestments 2024-02-01 2025-01-31 05299368 core:Non-currentFinancialInstruments core:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments 2024-02-01 2025-01-31 05299368 core:Non-currentFinancialInstruments core:ImpairmentLossReversalProvisionsForImpairmentInvestments 2024-02-01 2025-01-31 05299368 core:Non-currentFinancialInstruments core:AcquisitionsIncreaseInProvisionsForImpairmentInvestments 2024-02-01 2025-01-31 05299368 core:Non-currentFinancialInstruments core:DisposalsDecreaseInProvisionsForImpairmentInvestments 2024-02-01 2025-01-31 05299368 core:Non-currentFinancialInstruments core:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments 2024-02-01 2025-01-31 05299368 core:Non-currentFinancialInstruments core:CostValuation 2025-01-31 05299368 core:Non-currentFinancialInstruments core:AdditionsToInvestments 2025-01-31 05299368 core:Non-currentFinancialInstruments core:RevaluationsIncreaseDecreaseInInvestments 2025-01-31 05299368 core:Non-currentFinancialInstruments core:DisposalsDecreaseInInvestments 2025-01-31 05299368 core:Non-currentFinancialInstruments core:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments 2025-01-31 05299368 core:Non-currentFinancialInstruments core:ImpairmentLossReversalProvisionsForImpairmentInvestments 2025-01-31 05299368 core:Non-currentFinancialInstruments core:AcquisitionsIncreaseInProvisionsForImpairmentInvestments 2025-01-31 05299368 core:Non-currentFinancialInstruments core:DisposalsDecreaseInProvisionsForImpairmentInvestments 2025-01-31 05299368 core:Non-currentFinancialInstruments core:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments 2025-01-31 05299368 core:Non-currentFinancialInstruments core:CostValuation 2024-01-31 05299368 core:Non-currentFinancialInstruments core:AdditionsToInvestments 2024-01-31 05299368 core:Non-currentFinancialInstruments core:RevaluationsIncreaseDecreaseInInvestments 2024-01-31 05299368 core:Non-currentFinancialInstruments core:DisposalsDecreaseInInvestments 2024-01-31 05299368 core:Non-currentFinancialInstruments core:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments 2024-01-31 05299368 core:Non-currentFinancialInstruments core:ImpairmentLossReversalProvisionsForImpairmentInvestments 2024-01-31 05299368 core:Non-currentFinancialInstruments core:AcquisitionsIncreaseInProvisionsForImpairmentInvestments 2024-01-31 05299368 core:Non-currentFinancialInstruments core:DisposalsDecreaseInProvisionsForImpairmentInvestments 2024-01-31 05299368 core:Non-currentFinancialInstruments core:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments 2024-01-31 05299368 bus:Director1 2024-02-01 2025-01-31 05299368 bus:Director2 2024-02-01 2025-01-31 05299368 core:FurnitureFittingsToolsEquipment 2024-01-31 05299368 core:FurnitureFittingsToolsEquipment 2024-02-01 2025-01-31 05299368 core:FurnitureFittingsToolsEquipment 2025-01-31

SPORTS & LEISURE BRANDS LTD

Registered Number
05299368
(England and Wales)

Unaudited Financial Statements for the Year ended
31 January 2025

SPORTS & LEISURE BRANDS LTD
Company Information
for the year from 1 February 2024 to 31 January 2025

Directors | Mr PJB Merrick
| Mr TM Pearce

Company Secretary | Mrs A T Merrick

Registered Address | Unit 9
| Lincoln Enterprise Park, Newark Road, Aubourn
| Lincoln
| LN5 9FP

Registered Number | 05299368 (England and Wales)

SPORTS & LEISURE BRANDS LTD
Balance Sheet as at
31 January 2025

| Notes | 2025 |  | 2024
--- | --- | --- | --- | ---
|  | £ |  | £ |  | £ |  | £
Fixed assets |  |  |  |  |  |  |  |
Tangible assets | 4 |  |  | 38,428 |  |  |  | 42,214
|  |  |  | 38,428 |  |  |  | 42,214
Current assets |  |  |  |  |  |  |  |
Stocks | 5 | 155,694 |  |  |  | 183,935 |  |
Debtors | 6 | 53,929 |  |  |  | 73,639 |  |
Cash at bank and on hand |  | 26,691 |  |  |  | 8,378 |  |
|  | 236,314 |  |  |  | 265,952 |  |
Creditors amounts falling due within one year | 7 | (242,415) |  |  |  | (264,786) |  |
Net current assets (liabilities) |  |  |  | (6,101) |  |  |  | 1,166
Total assets less current liabilities |  |  |  | 32,327 |  |  |  | 43,380
Creditors amounts falling due after one year | 8 |  |  | (87,823) |  |  |  | (112,104)
Provisions for liabilities | 9 |  |  | (8,155) |  |  |  | (8,020)
Net assets |  |  |  | (63,651) |  |  |  | (76,744)
Capital and reserves |  |  |  |  |  |  |  |
Called up share capital |  |  |  | 6 |  |  |  | 6
Profit and loss account |  |  |  | (63,657) |  |  |  | (76,750)
Shareholders' funds |  |  |  | (63,651) |  |  |  | (76,744)

- 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 Directors acknowledge 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 Board of Directors on 21 May 2025, and are signed on its behalf by:
Mr PJB Merrick Director
Mr TM Pearce Director Registered Company No. 05299368

SPORTS & LEISURE BRANDS LTD
Notes to the Financial Statements
for the year ended 31 January 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).

| Going concern
--- | ---
| After reviewing the company's forecasts and projections, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. The directors have expressed their commitment to support the company going forward. The company therefore continues to adopt the going concern basis of accounting in preparing its financial statements.

| Revenue from sale of goods
--- | ---
| Revenue from the sale of goods is recognised when the company has transferred to the buyer the significant risks and rewards of ownership of the goods, usually when goods are delivered and legal title has passed. Providing the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transition can be measured reliably.

| Defined contribution pension plan
--- | ---
| The company operates a defined contribution pension plan for the benefit of its employees. Contributions are recognised as expenses as they become payable. Differences between contributions payable in the year and those actually paid are recognised as either prepayments or accruals in the balance sheet. The assets of the defined contribution pension scheme are held separately from those of the company in an independently administered fund.

| Borrowing costs
--- | ---
| Borrowing costs directly attributable to the acquisition, construction or production of qualifying assets, which are assets that necessarily take a substantial period of time to get ready for their intended use or sale, are added to the cost of those assets, until such time as the assets are substantially ready for their intended use or sale. Investment income earned on the temporary investment of specific borrowings pending their expenditure on qualifying assets is deducted from the borrowing costs eligible for capitalisation. All other borrowing costs are recognised in profit or loss in the period in which they are incurred.

| Foreign currency translation
--- | ---
| Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

| Current taxation
--- | ---
| Current tax is recognised in profit or loss, except for taxes related to revaluations of land and buildings which are recognised in other comprehensive income. Current tax represents the amount of tax payable (receivable) in respect of taxable profit (loss) for the current, or past, reporting periods. Current tax is measured at the amount expected to be paid (recovered) using the tax rates and laws which have been enacted, or substantively enacted, by the balance sheet date. Where payments to HM Revenue and Customs exceed liabilities owed, an asset is recognised to the extent of the amount of tax recoverable.

| Deferred tax
--- | ---
| Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

| Intangible assets
--- | ---
| Intangible assets are stated at cost less accumulated amortisation and accumulated impairment losses. The assets are reviewed for impairment if the above factors indicate that the carrying amount may be impaired. Amortisation is included in 'administrative expenses' in the profit and loss account.

| Goodwill
--- | ---
| Goodwill arising on an acquisition of a business is carried at cost less accumulated impairment losses, if any. Goodwill is amortised over its expected useful life which is estimated to be ten years. Goodwill is assessed for impairment when there are indicators of impairment and any impairment is charged to the income statement. No reversals of impairment are recognised.

| 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 | 15
| Fixtures and fittings | 15
| Vehicles | 25

| Investments
--- | ---
| Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value where the difference between cost and fair value is material. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.

| Finance leases and hire purchase contracts
--- | ---
| Assets held under finance leases which are leases where substantially all the risks and rewards of ownership of the asset have passed to the company, and hire purchase contracts are capitalised in the balance sheet. They are depreciated over the shorter of their useful lives or the term of the lease.

| Stocks and work in progress
--- | ---
| Stock is valued at the lower of cost and estimated selling price less costs to complete and sell. The cost methodology employed by the entity is the first-in first-out method. Estimated selling price less costs to complete and sell are derived from the selling price which the goods would fetch in an open market transaction with established customers less the costs expected to be incurred to enable the sale to complete. Provision is made for slow-moving and obsolete items of stock. Such provisions are recognised in profit or loss. Work in progress is valued using the percentage of completion method and values are calculated using the lower of cost and estimated selling price less costs to complete and sell. When stocks are sold, the carrying amount of those stocks is recognised as an expense within cost of sales. This takes place in the same period that the associated revenue is recognised.

| Trade and other debtors
--- | ---
| Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

| Cash and cash equivalents
--- | ---
| Cash and cash equivalents comprise cash at bank and on hand, demand deposits with banks and other short-term highly liquid investments with original maturities of three months or less. Bank overdrafts are disclosed separately. For the purpose of the cash flow statement, bank overdrafts form an integral part of the company's cash management and are included as a component of cash and cash equivalents.

| Trade and other creditors
--- | ---
| Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

| Share capital
--- | ---
| Ordinary shares are classified as equity. Incremental costs directly attributable to the issue of new ordinary shares or options are shown in equity as a deduction, net of tax, from the proceeds.

| Government grants or assistance
--- | ---
| Government grants are recognised at the fair value of the asset received or receivable when there is reasonable assurance that the grant conditions will be met and the grants will be received. A grant that specifies performance conditions is recognised in income when the performance conditions are met. Where a grant does not specify performance conditions it is recognised in income when the proceeds are received or receivable. A grant received before the recognition criteria are satisfied is recognised as a liability.

2. | Average number of employees
--- | ---

|  | 2025 |  | 2024
| Average number of employees during the year | 10 |  | 11

3. | Intangible assets
--- | ---

|  | Goodwill |  | Total
--- | --- | --- | --- | ---
|  | £ |  | £
| Cost or valuation
| At 01 February 24 | 205,500 |  | 205,500
| At 31 January 25 | 205,500 |  | 205,500
| Amortisation and impairment
| At 01 February 24 | 205,500 |  | 205,500
| At 31 January 25 | 205,500 |  | 205,500
| Net book value
| At 31 January 25 | - |  | -
| At 31 January 24 | - |  | -

4. | Tangible fixed assets
--- | ---

|  | Plant & machinery |  | Vehicles |  | Fixtures & fittings |  | Office Equipment |  | Total
--- | --- | --- | --- | --- | --- | --- | --- | --- | --- | ---
|  | £ |  | £ |  | £ |  | £ |  | £
| Cost or valuation
| At 01 February 24 | 244,588 |  | 3,300 |  | 41,371 |  | 32,000 |  | 321,259
| Additions | - |  | 2,700 |  | - |  | 649 |  | 3,349
| Disposals | - |  | (3,300) |  | - |  | - |  | (3,300)
| At 31 January 25 | 244,588 |  | 2,700 |  | 41,371 |  | 32,649 |  | 321,308
| Depreciation and impairment
| At 01 February 24 | 211,182 |  | 2,897 |  | 38,260 |  | 26,706 |  | 279,045
| Charge for year | 5,004 |  | 450 |  | 467 |  | 811 |  | 6,732
| On disposals | - |  | (2,897) |  | - |  | - |  | (2,897)
| At 31 January 25 | 216,186 |  | 450 |  | 38,727 |  | 27,517 |  | 282,880
| Net book value
| At 31 January 25 | 28,402 |  | 2,250 |  | 2,644 |  | 5,132 |  | 38,428
| At 31 January 24 | 33,406 |  | 403 |  | 3,111 |  | 5,294 |  | 42,214

5. | Stocks
--- | ---

|  | 2025 |  | 2024
--- | --- | --- | --- | ---
|  | £ |  | £
| Other stocks | 155,694 |  | 183,935
| Total | 155,694 |  | 183,935

6. | Debtors: amounts due within one year
--- | ---

|  | 2025 |  | 2024
--- | --- | --- | --- | ---
|  | £ |  | £
| Trade debtors / trade receivables | 48,878 |  | 68,837
| Prepayments and accrued income | 5,051 |  | 4,802
| Total | 53,929 |  | 73,639

7. | Creditors: amounts due within one year
--- | ---

|  | 2025 |  | 2024
--- | --- | --- | --- | ---
|  | £ |  | £
| Trade creditors / trade payables | 45,159 |  | 65,144
| Bank borrowings and overdrafts | 29,117 |  | 22,684
| Taxation and social security | 22,102 |  | 26,607
| Finance lease and HP contracts | - |  | 5,499
| Other creditors | 146,037 |  | 144,852
| Total | 242,415 |  | 264,786

8. | Creditors: amounts due after one year
--- | ---

|  | 2025 |  | 2024
--- | --- | --- | --- | ---
|  | £ |  | £
| Bank borrowings and overdrafts | 87,823 |  | 112,104
| Total | 87,823 |  | 112,104

| Bank Borrowings The bounce back loan is denominated in sterling with a nominal interest rate of 2.50%. The carrying amount at year end is £32,142 (2024 - £38,168). The loan is a bounce back loan guaranteed by the government as part of the Covid 19 relief measures brought in by the UK. The term period is 120 months with nothing repayable and no interest accruing in the first 12 months. The final instalment of the loan is due on 6th May 2030. £2,009 is due for repayment more than 5 years from the balance sheet date. The Funding Circle loan is denominated in £ with a nominal interest rate of 13.9%. The carrying amount at year end is £78,935 (2024 - £93,939). The final instalment of the loan is due on 31st October 2028 based on current repayments and interest accrued. Other borrowings The Hire Purchase contract was denominated in £ with a nominal interest rate set at the market rate, and the final instalment was paid in the year. The carrying amount at year end is £NIL (2024 - £5,499). The hire purchase liability was secured on the related asset.

9. | Provisions for liabilities
--- | ---

|  | 2025 |  | 2024
--- | --- | --- | --- | ---
|  | £ |  | £
| Net deferred tax liability (asset) | 8,155 |  | 8,020
| Total | 8,155 |  | 8,020