REGISTERED NUMBER: 04920221 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

FOR

ET SPORTS MANAGEMENT LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

T A Francis

E W Davies

SECRETARY:

T A Francis

REGISTERED OFFICE:

14 Maes Y Deri

Rhiwbina

Cardiff

South Wales

CF14 6JJ

REGISTERED NUMBER:

04920221 (England and Wales)

ACCOUNTANTS:

DAVID WRIGHT ACCOUNTANTS LIMITED

Unit 10

Bridgend Business Park

Bennett Street

Bridgend

Glamorgan

CF31 3SH

FIXED ASSETS

Tangible assets

4

38,656

11,641

CURRENT ASSETS

Stocks

360

360

Debtors

5

10,403

19,855

Cash at bank

47,553

34,266

58,316

54,481

CREDITORS

Amounts falling due within one year

6

66,818

52,811

NET CURRENT (LIABILITIES)/ASSETS

(8,502

)

1,670

TOTAL ASSETS LESS CURRENT LIABILITIES

30,154

13,311

CREDITORS

Amounts falling due after more than one year

7

(16,722

)

(11,018

)

PROVISIONS FOR LIABILITIES

(11,374

)

(2,223

)

NET ASSETS

2,058

70

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

2,056

68

SHAREHOLDERS' FUNDS

2,058

70

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 17 December 2025 and were signed on its behalf by:

T A Francis - Director

E W Davies - Director

1.	STATUTORY INFORMATION

ET Sports Management Limited 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.

Turnover

Turnover represents fees received and receivable for the year.

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 etc

-

25% on cost, 20% on cost and 15% on cost

Stocks

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

Pension costs and other post-retirement benefits

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 45 (2024 - 39 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2024

40,012

Additions

37,000

Disposals

(1,479

)

At 31 March 2025

75,533

DEPRECIATION

At 1 April 2024

28,371

Charge for year

9,616

Eliminated on disposal

(1,110

)

At 31 March 2025

36,877

NET BOOK VALUE

At 31 March 2025

38,656

At 31 March 2024

11,641

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/3/25

31/3/24

£

£

Trade debtors

4,000

3,000

Other debtors

6,403

16,855

10,403

19,855

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/3/25

31/3/24

£

£

Bank loans and overdrafts

16,611

10,648

Trade creditors

10,311

5,000

Taxation and social security

31,494

23,994

Other creditors

8,402

13,169

66,818

52,811

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31/3/25

31/3/24

£

£

Bank loans

16,722

11,018

8.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 March 2025 and 31 March 2024:

31/3/25

31/3/24

£

£

T A Francis

Balance outstanding at start of year

5,226

2,944

Amounts advanced

64,799

41,732

Amounts repaid

(70,091

)

(39,450

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(66

)

5,226

E W Davies

Balance outstanding at start of year

5,226

2,944

Amounts advanced

64,799

41,732

Amounts repaid

(70,091

)

(39,450

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(66

)

5,226

9.	RELATED PARTY DISCLOSURES

At the year end the company owed an amount of £10,641 (2024- £12,717) to Clwb Carco Limited and £2,650 from Clwb Caro Gwyliau Ltd.