CWSH_CWS__College_of_Esports_Limited_31_Jul_2025_companies_house_set_of

Cwsh, Cws & College Of Esports Limited

Statement of Financial Position

31 July 2025

		2025		2024
	Note	£		£
Fixed assets
Tangible assets	5	208,168		161,585
Current assets
Debtors	6	541,612		135,874
Cash at bank and in hand		53,767		12,447
		595,379		148,321
Creditors: amounts falling due within one year	7	(495,462	)	(1,131,722	)
Net current assets/(liabilities)		99,917		(983,401	)
Total assets less current liabilities		308,085		(821,816	)
Creditors: amounts falling due after more than one year	8	(156,955	)	(17,290	)
Net assets/(liabilities)		151,130		(839,106	)
Capital and reserves
Called up share capital		10,313		1,213
Share premium		1,679,787		778,887
Profit and loss account		(1,538,970	)	(1,619,206	)
Shareholders funds/(deficit)		151,130		(839,106	)

For the year ending

31 July 2025

, the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These

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.

These

financial statements

were approved by the board of directors and authorised for issue on

9 January 2026

, and are signed on behalf of the board by:

D Thomson

Director

Company registration number:

10913162

Cwsh, Cws & College Of Esports Limited

Notes to the Financial Statements

Year ended

31 July 2025

1 General information

The company is a private company limited by shares and is registered in England and Wales. The address of the registered office is

Lee Valley Velopark

Abercrombie Road

London

E20 3AB

, England.

2 Statement of compliance

These

financial statements

have been prepared in compliance with FRS 102 Section 1A, 'The Financial Reporting Standard applicable to the UK and Republic of Ireland'.

3 Accounting policies

Basis of preparation

The

financial statements

have been prepared on the historical cost basis, as modified by the revaluation of certain assets.

The

financial statements

are prepared in sterling, which is the functional currency of the company.

Turnover

Turnover is measured at the fair value of the consideration received or receivable for goods supplied, net of discounts and Value Added Tax.

Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer, usually on despatch of the goods; the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Tangible assets

Tangible assets are initially measured at cost, and are subsequently measured at cost less any accumulated depreciation and accumulated impairment losses or at a revalued amount.

Any tangible assets carried at a revalued amount are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

An increase in the carrying amount of an asset as a result of a revaluation is recognised in other comprehensive income and accumulated in capital and reserves. However, the increase is recognised in profit or loss to the extent that it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in capital and reserves. If a revaluation decrease exceeds the accumulated revaluation gains accumulated in capital and reserves in respect of that asset, the excess is recognised in profit or loss.

Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:

Land and buildings	Straight line over 20 years
Fixtures, fittings and equipment	20% reducing balance

Impairment

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.

Financial instruments

A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument.

Basic financial instruments are initially recognised at the transaction price and are subsequently measured as follows: Debt instruments are subsequently measured at amortised cost and commitments to receive a loan and to make a loan to another entity are subsequently measured at amortised cost. Where investments in non-convertible preference shares and non-puttable ordinary shares or preference shares are publicly traded or their fair value can otherwise be measured reliably, the investment is subsequently measured at fair value with changes in fair value recognised in profit or loss. All other such investments are subsequently measured at cost less impairment.

All other financial instruments, including derivatives, are initially recognised at fair value, which is normally the transaction price and are subsequently measured at fair value, with any changes recognised in profit or loss.

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.

All equity instruments regardless of significance, and other financial assets that are individually significant, are assessed individually for impairment. Other financial assets or either assessed individually or grouped on the basis of similar credit risk characteristics.

Any reversals of impairment are recognised in profit or loss immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.

Defined contribution pension plan

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund.

Operating leases

A lease is classified as an operating lease if it does not transfer substantially all the risks and rewards incidental to ownership. Lease payments are recognised as an expense over the lease term on a straight-line basis. The aggregate benefit of lease incentives is recognised as a reduction to expense over the lease term, on a straight-line basis.

4 Average number of employees

The average number of persons employed by the company during the year was

(2024:

5 Tangible assets

	Land and buildings	Plant and machinery etc.	Total
	£	£	£
Cost
At 1 August 2024	50,140	159,563	209,703
Additions	-	91,731	91,731
At 31 July 2025	50,140	251,294	301,434
Depreciation
At 1 August 2024	10,028	38,090	48,118
Charge	2,507	42,641	45,148
At 31 July 2025	12,535	80,731	93,266
Carrying amount
At 31 July 2025	37,605	170,563	208,168
At 31 July 2024	40,112	121,473	161,585

6 Debtors

	2025	2024
	£	£
Trade debtors	3,362	-
Other debtors	538,250	135,874
	541,612	135,874

7 Creditors: amounts falling due within one year

	2025	2024
	£	£
Bank loans and overdrafts	6,588	6,000
Trade creditors	207,346	332,982
Taxation and social security	18,073	9,262
Other creditors	263,455	783,478
	495,462	1,131,722

8 Creditors: amounts falling due after more than one year

	2025		2024
	£		£
Bank loans and overdrafts	156,955		17,290

9 Operating leases

	2025	2024
The company as lessee
	£	£
Not later than 1 year	533,208.00	293,227
Later than 1 year and not later than 5 years	1,127,156	1,091,226
Later than 5 years	1,984,500	2,205,000
	3,644,864	3,589,453

10 Controlling party

The company is under the control of the directors.