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Registered number: 08939050
Sportlite International Limited
Unaudited Financial Statements
For The Year Ended 31 March 2025
Accountancy Business Centre Digital Ltd
C/O Accountancy Business Centre Digital Ltd
2a Crampton Road
London
SE20 7AT
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 08939050
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 910 1,766
910 1,766
CURRENT ASSETS
Debtors 5 94,320 70,156
Cash at bank and in hand 35,446 46,406
129,766 116,562
Creditors: Amounts Falling Due Within One Year 6 (56,485 ) (55,420 )
NET CURRENT ASSETS (LIABILITIES) 73,281 61,142
TOTAL ASSETS LESS CURRENT LIABILITIES 74,191 62,908
NET ASSETS 74,191 62,908
CAPITAL AND RESERVES
Called up share capital 7 100 100
Profit and Loss Account 74,091 62,808
SHAREHOLDERS' FUNDS 74,191 62,908
For the 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.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr DARRYL TRIPP
Director
08/12/2025
The notes on pages 2 to 3 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
Sportlite International Limited is a private company, limited by shares, incorporated in England & Wales, registered number 08939050 . The registered office is C/O Accountancy Business Centre Digital Ltd, 2a Crampton Road, London, SE20 7AT.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. 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 is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Freehold Nil
Leasehold Nil
Plant & Machinery Straigth line basis
Motor Vehicles Straight line basis
Fixtures & Fittings Straight line basis
Computer Equipment Straight line basis
3. Average Number of Employees
Average number of employees, including directors, during the year was:
2025 2024
Office and administration 5 5
5 5
4. Tangible Assets
Plant & Machinery Computer Equipment Total
£ £ £
Cost
As at 1 April 2024 1,519 3,294 4,813
As at 31 March 2025 1,519 3,294 4,813
...CONTINUED
Page 2
Page 3
Depreciation
As at 1 April 2024 633 2,414 3,047
Provided during the period 304 689 993
Disposals - (137 ) (137 )
As at 31 March 2025 937 2,966 3,903
Net Book Value
As at 31 March 2025 582 328 910
As at 1 April 2024 886 880 1,766
5. Debtors
2025 2024
£ £
Due within one year
Trade debtors 72,099 60,989
Prepayments and accrued income (876 ) (876 )
VAT 23,097 10,043
94,320 70,156
6. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 10,546 37,333
Other taxes and social security 109 109
Net wages 37,623 9,740
Directors' loan accounts 8,207 8,238
56,485 55,420
7. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 100 100
Page 3