Registration number: 11827151

N41 Sport & Performance Psychology Services Ltd

Contents

Profit and Loss Account and Statement of Retained Earnings	1
Balance Sheet	2
Notes to the Unaudited Financial Statements	3 to 6

N41 Sport & Performance Psychology Services Ltd

Profit and Loss Account and Statement of Retained Earnings for the Year Ended 28 February 2025

	Note	2025 £	2024 £
Turnover		41,586	84,438
Administrative expenses		(23,215)	(54,123)
Operating profit		18,371	30,315
Profit before tax		18,371	30,315
Taxation		(3,125)	(5,832)
Profit for the financial year		15,246	24,483
Retained earnings brought forward		1,054	1,071
Dividends paid		(8,000)	(24,500)
Retained earnings carried forward		8,300	1,054

N41 Sport & Performance Psychology Services Ltd

(Registration number: 11827151)
Balance Sheet as at 28 February 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	4	9,158	9,671
Current assets
Debtors	5	698	1,298
Cash at bank and in hand		18,146	16,412
		18,844	17,710
Creditors: Amounts falling due within one year	6	(17,952)	(23,931)
Net current assets/(liabilities)		892	(6,221)
Total assets less current liabilities		10,050	3,450
Provisions for liabilities		(1,740)	(2,386)
Net assets		8,310	1,064
Capital and reserves
Called up share capital		10	10
Retained earnings		8,300	1,054
Shareholders' funds		8,310	1,064

For the financial year ending 28 February 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 accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 13 December 2025 and signed on its behalf by:
 

......................................... Mr Jamie Benjamin Barker Director

N41 Sport & Performance Psychology Services Ltd

Notes to the Unaudited Financial Statements for the Year Ended 28 February 2025

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
3 Goodall Close
Stone
Staffordshire
ST15 0WF
England

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Judgements

In the application of the company's accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where revision affects only that period, or in the period of revision and future periods where the revision affects both current and future periods.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

N41 Sport & Performance Psychology Services Ltd

Notes to the Unaudited Financial Statements for the Year Ended 28 February 2025

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current corporation tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Fixtures fittings & office equipment	10% reducing balance
Training equipment	10% reducing balance

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 2 (2024 - 2).

N41 Sport & Performance Psychology Services Ltd

Notes to the Unaudited Financial Statements for the Year Ended 28 February 2025

4	Tangible assets

	Furniture, fittings and equipment  £	Other tangible assets £	Total £
Cost or valuation
At 1 March 2024	12,826	1,653	14,479
Additions	368	899	1,267
At 28 February 2025	13,194	2,552	15,746
Depreciation
At 1 March 2024	4,363	445	4,808
Charge for the year	1,569	211	1,780
At 28 February 2025	5,932	656	6,588
Carrying amount
At 28 February 2025	7,262	1,896	9,158
At 29 February 2024	8,463	1,208	9,671

5

Debtors

Current	2025 £	2024 £
Trade debtors	600	1,200
Prepayments	98	98
	698	1,298

6

Creditors

Creditors: amounts falling due within one year

	2025 £	2024 £
Due within one year
Trade creditors	2,424	1,920
Taxation and social security	3,633	5,132
Other creditors	11,895	16,879
	17,952	23,931

N41 Sport & Performance Psychology Services Ltd

Notes to the Unaudited Financial Statements for the Year Ended 28 February 2025

7

Dividends

		2025		2024
		£		£

Interim dividends paid

		2025 £		2024 £
Interim dividend of £100.00 (2024 - £200.00) per each Ordinary shares		500		1,000
Interim dividend of £1,500.00 (2024 - £4,700.00) per each Ordinary A shares		7,500		23,500
		8,000		24,500