Amateur British Gymnastics Investments Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 12353847

Amateur British Gymnastics Investments Limited

Company Limited by Guarantee

Filleted Financial Statements

31 March 2025

Amateur British Gymnastics Investments Limited

Company Limited by Guarantee

Statement of Financial Position

31 March 2025

	2025	2024
Note	£	£

Fixed assets

Investments	5	5,393,643	4,323,616

Current assets

Debtors	6	13,901	5,326
Cash at bank and in hand		38,104	1,296,966
		--------	------------
		52,005	1,302,292

Creditors: amounts falling due within one year	7	38,110	60,708
		--------	------------
Net current assets		13,895	1,241,584
		------------	------------
Total assets less current liabilities		5,407,538	5,565,200

Creditors: amounts falling due after more than one year	8	5,341,956	5,551,702
		------------	------------
Net assets		65,582	13,498
		------------	------------

Capital and reserves

Profit and loss account	65,582	13,498
	--------	--------
Members funds	65,582	13,498
	--------	--------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

These financial statements were approved by the board of directors and authorised for issue on 11 December 2025 , and are signed on behalf of the board by:

RJ Speak

Director

Company registration number: 12353847

Amateur British Gymnastics Investments Limited

Company Limited by Guarantee

Notes to the Financial Statements

Year ended 31 March 2025

1. General information

The company is a private company limited by guarantee, registered in England and Wales. The address of the registered office is Ford Hall, Lilleshall National Sports Centre, Newport, Shropshire, TF10 9NB, England.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities measured at fair value through profit or loss. The financial statements are prepared in sterling, which is the functional currency of the entity.

Investments

Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Financial instruments

A financial asset or a financial liability is recognised only when the company becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Debt instruments are subsequently measured at amortised cost.

4. Company limited by guarantee

The company is limited by guarantee and on any future winding up of the company, members are limited to a maximum payment of £1 each. As at 31 March 2025, there was 1 member.

5. Investments

	Other investments other than loans	Other loans	Total
	£	£	£
Cost
At 1 April 2024	1,919,117	2,624,190	4,543,307
Additions	3,824,463	750,000	4,574,463
Disposals	( 3,067,530)	( 680,039)	(3,747,569)
Revaluations	63,392	–	63,392
Portfolio Cash movement	137,778	–	137,778
Reinvested interest and dividends	41,963	–	41,963
	------------	------------	------------
At 31 March 2025	2,919,183	2,694,151	5,613,334
	------------	------------	------------
Impairment
At 1 April 2024 and 31 March 2025	–	219,691	219,691
	------------	------------	------------

Carrying amount
At 31 March 2025	2,919,183	2,474,460	5,393,643
	------------	------------	------------
At 31 March 2024	1,919,117	2,404,499	4,323,616
	------------	------------	------------

The fair value of Other investments is determined by reference to the quoted price for identical assets in an active market at the balance sheet date.

6. Debtors

	2025	2024
	£	£
Other debtors	13,901	5,326
	--------	-------

7. Creditors: amounts falling due within one year

	2025	2024
	£	£
Other creditors	38,110	60,708
	--------	--------

8. Creditors: amounts falling due after more than one year

	2025	2024
	£	£
Other creditors	5,341,956	5,551,702
	------------	------------

Included within creditors: amounts falling due after more than one year is an amount of £3,500,000 (2024: £3,500,000) in respect of liabilities payable or repayable otherwise than by instalments which fall due for payment after more than five years from the reporting date.

The above liability represents unsecured loan notes at 3.5% repayable 31 March 2029.

9. Financial instruments

The carrying amount for each category of financial instrument is as follows:

	2025	2024
	£	£

Financial assets measured at fair value through profit or loss

Fixed listed investments	2,919,183	1,919,117
	------------	------------

10. Summary audit opinion

As the Income statement has been omitted from the filing copy of the financial statements the following information in relation to the audit report on the statutory financial statements is provided in accordance with s444(5B) of the Companies Act 2006:

The auditors report was unqualified and dated 11 December 2025 . The senior statutory auditor was Nicolas Michael FCA .

The auditor was Charlton Baker (Bristol) Limited .

11. Related party transactions

During the period, directors fees of £2,955 (2024:£3,903) were paid to directors of the company. Additionally, management fees of £253,104 (2024:£240,000) and recharges of various services at cost amounting to £14,752 (2024:£15,732) were payable to Sporting Assets Limited, a company in which R Speak is a director, under a service level agreement dated 23rd December 2019.