REGISTERED NUMBER: 12975096 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 28 FEBRUARY 2025

FOR

WOOD WHARF SPORTS LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

C M Bennett

C R S Wear

REGISTERED OFFICE:

Studio 21 Limehouse Cut

46 Morris Road

London

E14 6NQ

REGISTERED NUMBER:

12975096 (England and Wales)

ACCOUNTANTS:

Ashdown Hurrey

Chartered Accountants & Business Advisers

28 Wilton Road

Bexhill on Sea

East Sussex

TN40 1EZ

FIXED ASSETS

Tangible assets

4

7,597

9,026

CURRENT ASSETS

Debtors

5

190,878

51,114

Cash at bank

20,021

66,857

210,899

117,971

CREDITORS

Amounts falling due within one year

6

191,264

99,837

NET CURRENT ASSETS

19,635

18,134

TOTAL ASSETS LESS CURRENT LIABILITIES

27,232

27,160

PROVISIONS FOR LIABILITIES

7

1,899

670

NET ASSETS

25,333

26,490

CAPITAL AND RESERVES

Called up share capital

8

100

100

Retained earnings

9

25,233

26,390

SHAREHOLDERS' FUNDS

25,333

26,490

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2025 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 30 October 2025 and were signed on its behalf by:

C R S Wear - Director

1.	STATUTORY INFORMATION

Wood Wharf 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.

In preparing the financial statements, the directors are required to make an assessment of the ability of the company to continue as a going concern. The directors have considered all available evidence for the company which covers the 12 month period from the date of signing these financial statements. The directors have paid particular attention to likely cashflow requirements and the future availability of adequate cashflow to the company.

On the basis of this consideration, the directors are satisfied that the company has adequate resources to continue in operational existence and to meet its liabilities as they fall due for the foreseeable future. In reaching this conclusion they consider that no material uncertainty exists. As a result, the directors have concluded that it remains appropriate to adopt a going concern basis of preparation in these financial statements.

Turnover

Turnover represents income received from the activities of a sports club.

Turnover is recognised at the point which the right to consideration becomes due.

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

-

25% on reducing balance

Fixtures and fittings

-

25% on reducing balance

Computer equipment

-

33% on cost

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Computer

machinery

fittings

equipment

Totals

£

£

£

£

COST

At 1 March 2024

3,503

7,229

3,391

14,123

Additions

-

-

2,229

2,229

At 28 February 2025

3,503

7,229

5,620

16,352

DEPRECIATION

At 1 March 2024

1,147

2,368

1,582

5,097

Charge for year

589

1,215

1,854

3,658

At 28 February 2025

1,736

3,583

3,436

8,755

NET BOOK VALUE

At 28 February 2025

1,767

3,646

2,184

7,597

At 29 February 2024

2,356

4,861

1,809

9,026

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

28.2.25

29.2.24

£

£

Trade debtors

-

600

Other debtors

174,742

49,023

Directors' current accounts

-

1,491

Tax

16,136

-

190,878

51,114

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

28.2.25

29.2.24

£

£

Tax

352

3,236

Social security and other taxes

1,276

-

Other creditors

131,813

65,013

Directors' current accounts

4,023

8,508

Accrued expenses

53,800

23,080

191,264

99,837

7.	PROVISIONS FOR LIABILITIES

28.2.25

29.2.24

£

£

Deferred tax

Accelerated capital allowances

1,899

670

Deferred

tax

£

Balance at 1 March 2024

670

Accelerated capital allowances

1,229

Balance at 28 February 2025

1,899

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

28.2.25

29.2.24

value:

£

£

100

Ordinary

£1

100

100

9.

RESERVES

Retained

earnings

£

At 1 March 2024

26,390

Deficit for the year

(1,157

)

At 28 February 2025

25,233

10.	RELATED PARTY DISCLOSURES

As at the balance sheet date, the company was owed £31,544 (2024 - £14,987) by Little Crickets Day Care Ltd.

The company owed £131,813 (2024 - £65,013) to Play on Sports Ltd.

The above entities are under common control.