REGISTERED NUMBER: 05325164 (England and Wales)

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2025

FOR

RIGHT SPORTS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

M N Khan

SECRETARY:

REGISTERED OFFICE:

42 Rothesay Terrace

Bradford

West Yorkshire

BD7 1QE

REGISTERED NUMBER:

05325164 (England and Wales)

ACCOUNTANTS:

Southbrook Accountants Limited

14 Southbrook Terrace

Bradford

West Yorkshire

BD7 1AD

FIXED ASSETS

Tangible assets

4

14,057

15,640

CURRENT ASSETS

Stocks

1,954

1,683

Cash at bank and in hand

20,503

20,223

22,457

21,906

CREDITORS

Amounts falling due within one year

5

24,096

30,835

NET CURRENT LIABILITIES

(1,639

)

(8,929

)

TOTAL ASSETS LESS CURRENT LIABILITIES

12,418

6,711

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

12,318

6,611

SHAREHOLDERS' FUNDS

12,418

6,711

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 6 January 2026 and were signed by:

M N Khan - Director

1.	STATUTORY INFORMATION

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

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

-

20% on reducing balance

Fixtures and fittings

-

10% on reducing balance

Stocks

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

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

machinery

fittings

Totals

£

£

£

COST

At 1 February 2024

and 31 January 2025

300

34,016

34,316

DEPRECIATION

At 1 February 2024

108

18,568

18,676

Charge for year

38

1,545

1,583

At 31 January 2025

146

20,113

20,259

NET BOOK VALUE

At 31 January 2025

154

13,903

14,057

At 31 January 2024

192

15,448

15,640

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Taxation and social security

464

187

Other creditors

23,632

30,648

24,096

30,835

6.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is M N Khan.