REGISTERED NUMBER: 06188632 (England and Wales)

Financial Statements for the Year Ended 31 May 2025

for

SPORT ARABIA LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

M N Jackson

R S Myall

M A Craigs

SECRETARY:

R S Myall

REGISTERED OFFICE:

Down Laine The Broadway

Alfriston

Polegate

East Sussex

BN26 5XH

REGISTERED NUMBER:

06188632 (England and Wales)

AUDITORS:

Feist Hedgethorne Limited

Statutory Auditors

Chartered Accountants

Preston Park House

South Road

Brighton

East Sussex

BN1 6SB

FIXED ASSETS

Tangible assets

4

5,536

2,206

Investments

5

-

95

5,536

2,301

CURRENT ASSETS

Stocks

3,500

-

Debtors

6

684,084

1,031,816

Cash at bank and in hand

1,061,343

1,471,364

1,748,927

2,503,180

CREDITORS

Amounts falling due within one year

7

1,566,223

2,304,114

NET CURRENT ASSETS

182,704

199,066

TOTAL ASSETS LESS CURRENT LIABILITIES

188,240

201,367

CREDITORS

Amounts falling due after more than one year

8

(55,654

)

(122,858

)

PROVISIONS FOR LIABILITIES

(1,384

)

(552

)

NET ASSETS

131,202

77,957

CAPITAL AND RESERVES

Called up share capital

10

41,000

41,000

Retained earnings

90,202

36,957

SHAREHOLDERS' FUNDS

131,202

77,957

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:

M N Jackson - Director

1.	STATUTORY INFORMATION

Sport Arabia 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.

The presentation currency of the financial statements is the Pound Sterling (£).

All figures presented in the financial statements have been rounded to the nearest whole number.

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

Turnover from the sale of tours organised by the company is recognised once the performance obligation arises under the contract. This is usually the date of departure for the tour. Deposits received from customers represent revenue expected to be recognised in future periods and are recorded as current liabilities.

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

-

15% on cost

Fixtures and fittings

-

15% on cost

Computer equipment

-

33% on cost

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost less impairment.

Stocks

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

Financial instruments

Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately.

Taxation

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

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Leasing commitments

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

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.

These funds are subsequently held by a third party and as such are not recognised on the company's balance sheet.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 11 (2024 - 8 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Computer

machinery

fittings

equipment

Totals

£

£

£

£

COST

At 1 June 2024

3,800

16,316

36,049

56,165

Additions

-

-

6,691

6,691

At 31 May 2025

3,800

16,316

42,740

62,856

DEPRECIATION

At 1 June 2024

2,195

16,316

35,448

53,959

Charge for year

570

-

2,791

3,361

At 31 May 2025

2,765

16,316

38,239

57,320

NET BOOK VALUE

At 31 May 2025

1,035

-

4,501

5,536

At 31 May 2024

1,605

-

601

2,206

5.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1 June 2024

95

Impairments

(95

)

At 31 May 2025

-

NET BOOK VALUE

At 31 May 2025

-

At 31 May 2024

95

The carrying value of the £95 investment in Arabian Cricket Limited has been fully impaired to £nil. Subsequent to the year end, the decision was made to strike off the subsidiary company, and accordingly the investment no longer has any recoverable value.

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.5.25

31.5.24

(Unaudited)

£

£

Trade debtors

93,743

121,009

Amounts owed by group undertakings

-

12,295

Other debtors

590,341

898,512

684,084

1,031,816

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.5.25

31.5.24

(Unaudited)

£

£

Bank loans and overdrafts

59,629

50,172

Trade creditors

19,603

33,570

Amounts owed to group undertakings

-

5,430

Taxation and social security

46,968

30,608

Other creditors

1,440,023

2,184,334

1,566,223

2,304,114

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.5.25

31.5.24

(Unaudited)

£

£

Bank loans

55,654

122,858

9.	FINANCIAL INSTRUMENTS

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

31.5.25

31.5.24

£

£

Financial assets that are debt instruments measured at amortised cost

Financial assets that are debt instruments measured at amortised cost

35,399

72,949

Financial liabilities measured at amortised cost

Financial liabilities measured at amortised cost

-

-

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.5.25

31.5.24

value:

£

£

179

Ordinary A

£1

179

182

373

Ordinary B

£1

373

375

1,025

Ordinary C

£10

10,250

-

242

Ordinary D

£1

242

244

2,283

Ordinary E

£10

22,830

27,960

488

Ordinary F

£10

4,880

10,000

123

Ordinary G

£1

123

123

73

Ordinary H

£1

73

73

204

Ordinary I

£10

2,040

2,040

10

Ordinary J

£1

10

3

41,000

41,000

11.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Chris Morey (Senior Statutory Auditor)

for and on behalf of Feist Hedgethorne Limited

12.	RELATED PARTY TRANSACTIONS

In the year, Sport Arabia Limited paid £77,119 (2024: £3,180) in commission to Sporta Bike + Limited, a related company through common directors.

13.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is M N Jackson.