Company No: SC223884 (Scotland)

Contents

• Balance Sheet
• Notes to the Financial Statements

	Note	2025		2024
		£		£
				Restated - note 2
Fixed assets
Tangible assets	4	1,173,042		1,219,161
		1,173,042		1,219,161
Current assets
Stocks		250		250
Debtors	5	44,787		43,582
Cash at bank and in hand		97,978		56,924
		143,015		100,756
Creditors: amounts falling due within one year	6	( 156,746)		( 787,059)
Net current liabilities		(13,731)		(686,303)
Total assets less current liabilities		1,159,311		532,858
Creditors: amounts falling due after more than one year	7	( 605,099)		( 13,950)
Provision for liabilities	8	( 34,232)		( 35,975)
Net assets		519,980		482,933
Capital and reserves
Called-up share capital	9	4		4
Share premium account		49,996		49,996
Profit and loss account		469,980		432,933
Total shareholder's funds		519,980		482,933

For the financial year ending 31 March 2025 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

• The member has not required the Company to obtain an audit of its financial statements for the financial year in accordance with section 476;
• 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; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Profit and Loss Account has not been delivered.

The financial statements of North East Indoor Soccer Limited (registered number: SC223884) were approved and authorised for issue by the Board of Directors on 17 December 2025. They were signed on its behalf by:

Grant Campbell Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

North East Indoor Soccer Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in Scotland. The address of the Company's registered office is 50 Broadfold Road, Bridge Of Don, Aberdeen, AB23 8EE, Scotland, United Kingdom. The principal place of business is 50 Broadfold Road, Bridge of Don, Aberdeen, AB23 8EE.

The financial statements have been prepared under the historical cost convention, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Going concern

The directors have assessed the Balance Sheet and likely future cash flows at the date of approving these financial statements. The directors have a reasonable expectation that the Company has adequate resources to continue in operational existence and to meet its financial obligations as they fall due for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

Prior year adjustment

Deferred tax was miscalculated for the periods up to and including 31 March 2024. This misstatement impacted the deferred tax provision and profit and loss account and further details have been provided in note 2.

Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT. Turnover is recognised at the point the session is provided.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Deferred tax
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the Company's financial statements. Deferred tax is provided in full on timing differences which result in an obligation to pay more or less tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.

The carrying amount of deferred tax assets are reviewed at each reporting date and a valuation allowance is set up against deferred tax assets so that the net carrying amount equals the highest amount that is more likely than not to be recovered based on current or future taxable profit.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Land and buildings	50 years straight line
Plant and machinery	5 - 10 years straight line

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Balance Sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the Profit and Loss Account as described below.

Non-financial assets
At each balance sheet date, the company reviews its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss.

If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any). The recoverable amount of an asset is the higher of its fair value less costs to sell and its value in use. In assessing value in use, the estimated future cash flows are discounted to their present value using a pre-tax discount rate that reflects current market assessments of the time value of money and the risks specific to the asset for which the estimates of future cash flows have not been adjusted.

Where it is not possible to estimate the recoverable amount of an individual asset, the company estimates the recoverable amount of the cash-generating unit to which the asset belongs. An impairment loss is recognised immediately in profit or loss, unless the relevant asset is carried at a revalued amount, in which case the impairment loss is treated as a revaluation decrease.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to sell.

Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand with original maturities of three months or less.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Basic financial assets
Basic financial assets, which include debtors and cash and bank balances, are measured at transaction price including transaction costs.

Basic financial liabilities
Basic financial liabilities, including creditors and bank loans are recognised at transaction price.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less.

Equity instruments
Equity instruments issued by the Company are recorded at the fair value of cash or other resources received or receivable, net of direct issue costs. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the Company.

2. Prior year adjustment

During the preparation of the financial statements, an error in calculation of the deferred tax was identified which has impacted the years up to and including 31 March 2024. To account for these, the 2024 comparatives have been restated, with the following adjustments processed:

		As previously reported		Adjustment		As restated
Year ended 31 March 2024		£		£		£
Retained earnings brought foward		(468,908)		35,975		(432,933)
Deferred tax provision		0		(35,975)		(35,975)

3. Employees

	2025		2024
	Number		Number
Monthly average number of persons employed by the Company during the year, including directors	5		5

4. Tangible assets

	Land and buildings		Plant and machinery		Total
	£		£		£
Cost
At 01 April 2024	1,715,551		507,316		2,222,867
At 31 March 2025	1,715,551		507,316		2,222,867
Accumulated depreciation
At 01 April 2024	615,959		387,747		1,003,706
Charge for the financial year	29,311		16,808		46,119
At 31 March 2025	645,270		404,555		1,049,825
Net book value
At 31 March 2025	1,070,281		102,761		1,173,042
At 31 March 2024	1,099,592		119,569		1,219,161

5. Debtors

	2025		2024
	£		£
Trade debtors	38,841		28,786
Other debtors	5,946		14,796
	44,787		43,582

6. Creditors: amounts falling due within one year

	2025		2024
	£		£
Bank loans	10,419		610,162
Trade creditors	5,733		5,368
Amounts owed to related parties	74,341		130,000
Taxation and social security	39,265		15,477
Other creditors	26,988		26,052
	156,746		787,059

The bank loan is secured by a government guarantee.

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

	2025		2024
	£		£
Bank loans	605,099		13,950

The bank loans are secured by a bond and floating charge over all property and assets of the company and by a government guarantee.

8. Provision for liabilities

	2025		2024
	£		£
Deferred tax	34,232		35,975

9. Called-up share capital

	2025		2024
	£		£
Allotted, called-up and fully-paid
4 Ordinary shares of £ 1.00 each	4		4

10. Related party transactions

Transactions with the entity's directors

	2025		2024
	£		£
Amounts due to directors	74,341		130,000

The above loan is subject to interest at 5.86% and there were no fixed terms of repayment during the period. On 31 October 2025 the company was sold with the directors resigning, the directors loan balance above was repaid in full.

11. Events after the Balance Sheet date

On 31 October 2025 the entire share capital of the company was acquired by Aberdeen Sports Holding Limited. As a result, the company became a wholly owned subsidiary of Aberdeen Sports Holding Limited.

The acquisition occurred after the balance sheet date and therefore the financial statements have not been adjusted to reflect this transaction.