SPORTSPRO LIMITED

Company Registration Number:
SC753320 (Scotland)

Unaudited abridged accounts for the year ended 31 December 2024

Period of accounts

Start date: 01 January 2024

End date: 31 December 2024

SPORTSPRO LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2024

Balance sheet
Notes

SPORTSPRO LIMITED

Balance sheet

As at 31 December 2024


Notes
2024
13 months to 31 December 2023


£
£
Fixed assets
Intangible assets: 3 40,217 0
Tangible assets: 4 6,497 5,300
Total fixed assets: 46,714 5,300
Current assets
Stocks: 2,948,866 1,070,916
Debtors:   850,412 1,678,259
Cash at bank and in hand: 1,022,974 284,407
Total current assets: 4,822,252 3,033,582
Creditors: amounts falling due within one year:   (2,919,632) (1,480,688)
Net current assets (liabilities): 1,902,620 1,552,894
Total assets less current liabilities: 1,949,334 1,558,194
Provision for liabilities: (1,624)
Total net assets (liabilities): 1,947,710 1,558,194
Capital and reserves
Called up share capital: 12,500 12,500
Share premium account: 824,050 824,050
Other reserves: 503,450 713,450
Profit and loss account: 607,710 8,194
Shareholders funds: 1,947,710 1,558,194

The notes form part of these financial statements

SPORTSPRO LIMITED

Balance sheet statements

For the year ending 31 December 2024 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 16 January 2026
and signed on behalf of the board by:

Name: B Smillie
Status: Director

The notes form part of these financial statements

SPORTSPRO LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

SPORTSPRO LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

2. Employees

2024 13 months to 31 December 2023
Average number of employees during the period 21 25

SPORTSPRO LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

3. Intangible Assets

Total
Cost £
At 01 January 2024 0
Additions 53,623
At 31 December 2024 53,623
Amortisation
At 01 January 2024 0
Charge for year 13,406
At 31 December 2024 13,406
Net book value
At 31 December 2024 40,217
At 31 December 2023 0

SPORTSPRO LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

4. Tangible Assets

Total
Cost £
At 01 January 2024 7,066
Additions 3,361
At 31 December 2024 10,427
Depreciation
At 01 January 2024 1,766
Charge for year 2,164
At 31 December 2024 3,930
Net book value
At 31 December 2024 6,497
At 31 December 2023 5,300

SPORTSPRO LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

5. Financial commitments

Operating lease commitments: At the reporting end date the company had outstanding commitments for future minimum lease payments under non-cancellable operating leases, as follows: 2024 - £158,375 2023 - £179,375

SPORTSPRO LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

6. Changes in presentation and prior period adjustments

During the course of the current year, it became apparent that an adjustment was required to restate balances in relation to the share premium account and director's loan account as at 31 December 2023. The impact of this restatement resulted in a a decrease to the share premium account, and an increase to the equity reserve. (£413,450).