WHIRLWIND SPORTS LIMITED


Directors	BILLING, Craig
	BILLING, Gary
	BILLING, Laura Alyse
	WILLIAMS, Tamsin


Company Secretary	WOOD, Jonathan Ian


Registered Address	Heather House
	Pensilva
	Liskeard
	PL14 5PJ


Registered Number	09213526 (England and Wales)

Balance Sheet as at
31 January 2025

	Notes	2025		2024
		£	£	£	£
Fixed assets
Intangible assets	3		30,288		40,384
Tangible assets	4		79,016		22,596
			109,304		62,980
Current assets
Stocks	5	842,311		864,162
Debtors	6	28,557		19,093
Cash at bank and on hand		57,400		47,607
		928,268		930,862
Creditors amounts falling due within one year	7	(537,833)		(527,678)
Net current assets (liabilities)			390,435		403,184
Total assets less current liabilities			499,739		466,164
Creditors amounts falling due after one year	8		(189,858)		(232,388)
Net assets			309,881		233,776
Capital and reserves
Called up share capital			1,000		1,000
Profit and loss account			308,881		232,776
Shareholders' funds			309,881		233,776

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 22 July 2025, and are signed on its behalf by:

BILLING, Craig
Director
Registered Company No. 09213526

WHIRLWIND SPORTS LIMITED

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

1.	Accounting policies

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

	Statement of compliance
	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.

	Basis of preparation
	The financial statements have been prepared under the historical cost convention.

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

	Employee benefits
	Short-term employee benefits are measured at the undiscounted amount expected to be paid in exchange for the employee's services to the company. Where employees have accrued short-term benefits which the entity has not paid by the balance sheet date, an accrual is recognised within creditors: amounts falling due within one year together with an associated expense in profit or loss. The liabilities are classified as current obligations in the statement of financial position because they are expected to be settled wholly within twelve months after the end of the period.

Employee benefits

Short-term employee benefits are measured at the undiscounted amount expected to be paid in exchange for the employee's services to the company. Where employees have accrued short-term benefits which the entity has not paid by the balance sheet date, an accrual is recognised within creditors: amounts falling due within one year together with an associated expense in profit or loss. The liabilities are classified as current obligations in the statement of financial position because they are expected to be settled wholly within twelve months after the end of the period.

	Defined benefit pension plan
	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.

	Current taxation
	Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it related 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.

Current taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it related 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 the 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.

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 the 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.

	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.

	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 ten years.

	Tangible fixed assets and depreciation
	Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.


		Reducing balance (%)		Straight line (years)
	Plant and machinery	20		15

	Finance leases and hire purchase contracts
	Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

	Stocks and work in progress
	Stocks are measured at the lower of the cost and net realisable value, after making due allowance for obsolete and slow moving items.

2.	Average number of employees


		2025		2024
	Average number of employees during the year	19		20

3.	Intangible assets

	Goodwill	Total
	£	£
Cost or valuation
At 01 February 24	100,959	100,959
At 31 January 25	100,959	100,959
Amortisation and impairment
At 01 February 24	60,575	60,575
Charge for year	10,096	10,096
At 31 January 25	70,671	70,671
Net book value
At 31 January 25	30,288	30,288
At 31 January 24	40,384	40,384

4.	Tangible fixed assets

	Land & buildings	Vehicles	Fixtures & fittings	Total
	£	£	£	£
Cost or valuation
At 01 February 24	23,701	20,329	31,735	75,765
Additions	15,000	14,917	36,662	66,579
At 31 January 25	38,701	35,246	68,397	142,344
Depreciation and impairment
At 01 February 24	17,776	10,572	24,821	53,169
Charge for year	3,743	2,200	4,216	10,159
At 31 January 25	21,519	12,772	29,037	63,328
Net book value
At 31 January 25	17,182	22,474	39,360	79,016
At 31 January 24	5,925	9,757	6,914	22,596

5.	Stocks

	2025	2024
	£	£
Other stocks	842,311	864,162
Total	842,311	864,162

6.	Debtors: amounts due within one year

	2025	2024
	£	£
Other debtors	18,571	12,827
Prepayments and accrued income	9,986	6,266
Total	28,557	19,093

7.	Creditors: amounts due within one year

	2025	2024
	£	£
Trade creditors / trade payables	305,630	79,958
Bank borrowings and overdrafts	121,427	154,666
Taxation and social security	54,375	92,022
Finance lease and HP contracts	6,331	-
Other creditors	38,938	93,618
Accrued liabilities and deferred income	11,132	107,414
Total	537,833	527,678

8.	Creditors: amounts due after one year

	2025	2024
	£	£
Other creditors	189,858	232,388
Total	189,858	232,388

9.	Obligations under finance leases

		2025		2024
		£		£
	Finance lease and HP contracts	18,809		-

10.	Directors advances, credits and guarantees
	Included in other creditors is a balance due to Craig Billing from the company of £0. Included in other creditors is a balance due to Gary Billing from the company of £0. At the year end, the total balance due to the directors from the company was £0 (2024: £14,366).

11.	Related party transactions
	The company is owed the following (in the form of unsecured loans) from related parties: £18,571 from Whirlwind Sports Community CIC of which Mr C Billing is also a director (2024: £12,827). £36,323 to Celtic Lettings Limited, of which Mr C Billing is also a director (2024: £nil). £nil from Whirlwind Sports partnership whos partners are Mr P Billing and Mrs J Billing (2024: £nil).