PME SPORTS ENTERPRISE LTD

PME SPORTS ENTERPRISE LTD

Statement of Financial Position

As at 31 December 2025

	£	2025 £	£	2024 £
Fixed assets		23,085		210
Current assets	6,656		8,445
Creditors: amount falling due within one year	(37,773)		(47,434)
Net current assets/(liabilities)		(31,117)		(38,989)
Total assets less current liabilities		(8,032)		(38,779)
Creditors: amount falling due after more than one year		(14,875)		(27,317)
Accrued liabilities		(479)		-
Net assets/(liabilities)		(23,386)		(66,096)


Capital and reserves		(23,386)		(66,096)

For the year ended 31 December 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 of its accounts for the year in question in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

The accounts have been prepared in accordance with the micro-entity provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

Signed on behalf of the board of directors:

----------------------------------
Matthew Kevin Elton
Director

Date approved: 12 January 2026

PME SPORTS ENTERPRISE LTD

Notes to the Accounts

For the year ended 31 December 2025

Statutory Information

PME SPORTS ENTERPRISE LTD is a private limited company, limited by shares, domiciled in England and Wales, registration number 12058902, registration address Office S203, Weston House Allen House Business Centre, The Maltings, Sawbridgeworth, Herts, CM21 9JX, England.

The presentation currency is £ sterling.

Accounting Policies

Basis of accounting

The financial statements are prepared under the historical cost convention and in accordance with the FRS 105 Financial Reporting Standard for Micro Entities (effective January 2016).

Going Concern

The financial statements have been prepared on a going concern basis. The company's ongoing activities are dependent upon the continued support of the director who has undertaken to provide such support for the foreseeable future.

If the going concern basis were not appropriate, adjustments would have to be made to reduce the value of assets to their recoverable amount, to provide for any further liabilities that may arise and to reclassify fixed assets as current assets and long term liabilities as current liabilities.

Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Cost of sales

Intangible assets

Intangible assets (including purchased goodwill and patents) are amortised at rates calculated to write off the assets on a straight line basis over their estimated useful economic lives. Impairment of intangible assets is only reviewed where circumstances indicate that the carrying value of an asset may not be fully recoverable.

Goodwill

Acquired goodwill is stated at cost less amortisation. Amortisation is calculated on a straight line basis over the estimated expected useful economic life of the goodwill of 5 years.

Tangible fixed assets

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Computer Equipment

39% Reducing Balance

Intangible fixed assets

Cost or Valuation	Other	Total
	£	£
At 01 January 2025	34,800	34,800
Additions	54,290	54,290
Disposals	(29,990)	(29,990)
At 31 December 2025	59,100	59,100
Amortisation
At 01 January 2025	34,800	34,800
Charge for year	1,215	1,215
At 31 December 2025	36,015	36,015
Net book values
At 31 December 2025	23,085	23,085
At 31 December 2024	-	-

Tangible fixed assets

Cost or Valuation	Computer Equipment	Total
	£	£
At 01 January 2025	1,383	1,383
Additions	-	-
At 31 December 2025	1,383	1,383
Depreciation
At 01 January 2025	1,173	1,173
Charge for year	210	210
At 31 December 2025	1,383	1,383
Net book values
Closing balance as at 31 December 2025	-	-
Opening balance as at 01 January 2025	210	210

4.	Average number of employees Average number of employees during the year were 2 (2024: 2).