Kell Brook Sports Ltd - Filleted accounts

Registered number

07357375

Kell Brook Sports Ltd

Filleted Accounts

31 March 2025

Kell Brook Sports Ltd
Registered number:		07357375
Balance Sheet
as at 31 March 2025

Notes			2025			2024
£				£
Fixed assets
Investment property	3		1,510,409			1,510,409
Tangible assets	4		71,280			93,963
			1,581,689			1,604,372

Current assets
Debtors	5	344,766			320,373
Investments held as current assets	6	468,697			456,697
Cash at bank and in hand		1,261,278			1,637,284
		2,074,741			2,414,354

Creditors: amounts falling due within one year	7	(8,532)			(43,461)

Net current assets			2,066,209			2,370,893

Net assets			3,647,898			3,975,265

Capital and reserves
Called up share capital			2			2
Profit and loss account			3,647,896			3,975,263

Shareholders' funds			3,647,898			3,975,265

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Mr E Brook
Director
Approved by the board on 18 November 2025

Kell Brook Sports Ltd
Notes to the Accounts
for the year ended 31 March 2025


1	Accounting policies

	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
	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. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover 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.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Plant and machinery	over 3 years straight line
	Motor vehicles	over 4 years reducing balance

	Investments
	Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value. 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.

	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.

	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.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. 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.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

	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.


2	Employees			2025		2024
Number					Number

	Average number of persons employed by the company			2		2


3	Investment property					£


	Cost
	At 1 April 2024					1,510,409
	At 31 March 2025					1,510,409

	Amortisation
	At 31 March 2025					-

	Net book value
	At 31 March 2025					1,510,409
	At 31 March 2024					1,510,409

	The investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.


4	Tangible fixed assets
		Plant and machinery etc		Motor vehicles		Total
£			£		£
	Cost
	At 1 April 2024	25,516		153,050		178,566
	Additions	2,239		-		2,239
	Disposals	(18,829)		-		(18,829)
	At 31 March 2025	8,926		153,050		161,976

	Depreciation
	At 1 April 2024	21,457		63,146		84,603
	Charge for the year	2,446		22,476		24,922
	On disposals	(18,829)		-		(18,829)
	At 31 March 2025	5,074		85,622		90,696

	Net book value
	At 31 March 2025	3,852		67,428		71,280
	At 31 March 2024	4,059		89,904		93,963


5	Debtors			2025		2024
£					£

	Amounts owed by group undertakings and undertakings in which the company has a participating interest			286,473		286,473
	Other debtors			58,293		33,900
				344,766		320,373


6	Investments held as current assets			2025		2024
£					£
	Fair value
	Unlisted investments			468,697		456,697



7	Creditors: amounts falling due within one year			2025		2024
£					£

	Taxation and social security costs			4,732		38,661
	Other creditors			3,800		4,800
				8,532		43,461


8	Other information

	Kell Brook Sports Ltd is a private company limited by shares and incorporated in England. Its registered office is:
	56 Broughton Road
	Sheffield
	South Yorkshire
	S6 2AS