| Sports (UK) Limited |
| Notes to the Accounts |
| for the year ended 30 September 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. |
|
|
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. |
|
|
| 2 |
Employees |
2025 |
|
2024 |
| Number |
Number |
|
|
Average number of persons employed by the company |
5 |
|
5 |
|
|
|
|
|
|
|
|
|
|
| 3 |
Intangible fixed assets |
£ |
|
Goodwill: |
|
|
Cost |
|
At 1 October 2024 |
40,360 |
|
At 30 September 2025 |
40,360 |
|
|
|
|
|
|
|
|
|
|
Amortisation |
|
At 1 October 2024 |
10,200 |
|
At 30 September 2025 |
10,200 |
|
|
|
|
|
|
|
|
|
|
Net book value |
|
At 30 September 2025 |
30,160 |
|
At 30 September 2024 |
30,160 |
|
|
|
|
|
|
|
|
|
|
Goodwill is being written off in equal annual instalments over its estimated economic life of 5 years. |
|
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| 4 |
Tangible fixed assets |
|
|
Land and buildings |
|
Plant and machinery etc |
|
Motor vehicles |
|
Total |
| £ |
£ |
£ |
£ |
|
Cost |
|
At 1 October 2024 |
25,697 |
|
22,789 |
|
96,717 |
|
145,203 |
|
At 30 September 2025 |
25,697 |
|
22,789 |
|
96,717 |
|
145,203 |
|
|
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 October 2024 |
25,631 |
|
20,615 |
|
30,958 |
|
77,204 |
|
Charge for the year |
33 |
|
543 |
|
6,576 |
|
7,152 |
|
At 30 September 2025 |
25,664 |
|
21,158 |
|
37,534 |
|
84,356 |
|
|
|
|
|
|
|
|
|
|
Net book value |
|
At 30 September 2025 |
33 |
|
1,631 |
|
59,183 |
|
60,847 |
|
At 30 September 2024 |
66 |
|
2,174 |
|
65,759 |
|
67,999 |
|
|
| 5 |
Debtors |
2025 |
|
2024 |
| £ |
£ |
|
|
Trade debtors |
74,675 |
|
91,225 |
|
Other debtors |
30,402 |
|
16,077 |
|
|
|
|
|
|
105,077 |
|
107,302 |
|
|
|
|
|
|
|
|
|
|
| 6 |
Creditors: amounts falling due within one year |
2025 |
|
2024 |
| £ |
£ |
|
|
Obligations under finance lease and hire purchase contracts |
36,623 |
|
47,848 |
|
Trade creditors |
880 |
|
144 |
|
Taxation and social security costs |
7,154 |
|
8,552 |
|
Other creditors |
89,042 |
|
98,877 |
|
|
|
|
|
|
133,699 |
|
155,421 |
|
|
|
|
|
|
|
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| 7 |
Other information |
|
|
Sports (UK) Limited is a private company limited by shares and incorporated in England. Its registered office is: |
|
Rockwood |
|
The Mains |
|
Giggleswick |
|
Settle |
|
BD24 0AX |