14106962 false Holding Compan 2024-06-01 2025-05-31 http://www.companieshouse.gov.uk/2024-05-31 http://www.companieshouse.gov.uk/cd:CompanySecretary1 2024-06-01 2025-05-31 http://www.companieshouse.gov.uk/pt:ShareCapital 2024-05-31 http://www.companieshouse.gov.uk/cd:Director1 2024-06-01 2025-05-31 http://www.companieshouse.gov.uk/pt:SharePremium 2024-05-31 http://www.companieshouse.gov.uk/pt:ShareCapital 2025-05-31 http://www.companieshouse.gov.uk/cd:Director2 2024-06-01 2025-05-31 http://www.companieshouse.gov.uk/pt:SharePremium 2025-05-31 http://www.companieshouse.gov.uk/cd:Director3 2024-06-01 2025-05-31 http://www.companieshouse.gov.uk/pt:ToolsEquipment 2024-05-31 http://www.companieshouse.gov.uk/cd:Director4 2024-06-01 2025-05-31 http://www.companieshouse.gov.uk/cd:OrdinaryShareClass1 2024-06-01 2025-05-31 http://www.companieshouse.gov.uk/pt:ToolsEquipment 2025-05-31 http://www.companieshouse.gov.uk/cd:RegisteredOffice 2024-06-01 2025-05-31 http://www.companieshouse.gov.uk/cd:Director5 2024-06-01 2025-05-31 http://www.companieshouse.gov.uk/cd:OrdinaryShareClass2 2024-06-01 2025-05-31 http://www.companieshouse.gov.uk/cd:Director6 2024-06-01 2025-05-31 http://www.companieshouse.gov.uk/cd:OrdinaryShareClass3 2024-06-01 2025-05-31 http://www.companieshouse.gov.uk/cd:Director7 2024-06-01 2025-05-31 http://www.companieshouse.gov.uk/cd:AuditExemptWithAccountantsReport 2024-06-01 2025-05-31 http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments 2025-05-31 http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments 2024-05-31 http://www.companieshouse.gov.uk/2024-06-01 2025-05-31 http://www.companieshouse.gov.uk/2024-05-31 http://www.companieshouse.gov.uk/cd:FRS102 2024-06-01 2025-05-31 http://www.companieshouse.gov.uk/2025-05-31 http://www.companieshouse.gov.uk/cd:FullAccounts 2024-06-01 2025-05-31 http://www.companieshouse.gov.uk/cd:PrivateLimitedCompanyLtd 2024-06-01 2025-05-31 iso4217:GBP xbrli:shares xbrli:pure

Registered number: 14106962
Propel Sports and Media Group Africa Limited
ACCOUNTS
FOR THE YEAR ENDED 31/05/2025
Prepared By:
Montague Kaye
Accountants & Registered Auditors
82 Reddish Road
Reddish
Stockport
Cheshire
SK5 7QU

Propel Sports and Media Group Africa Limited

ACCOUNTS
FOR THE YEAR ENDED 31/05/2025
DIRECTORS
Basil Kabbani
Paul Dickov
Mark Faulconbridge
Philip Green
Karl Lloyd
Edward Simons
Wincent Macaulay Razaq - appointed 24/7/2024
SECRETARY
S Phillips - appointed 5/5/2023 resigned 16/02/2025
REGISTERED OFFICE
82 Reddish Road
Stockport
SK5 7QU
COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 14106962
ACCOUNTANTS
Montague Kaye
Accountants & Registered Auditors
82 Reddish Road
Reddish
Stockport
Cheshire
SK5 7QU

Propel Sports and Media Group Africa Limited

ACCOUNTS
FOR THE YEAR ENDED 31/05/2025
CONTENTS |  |
|  | Page
Directors' Report |  | -
Accountants' Report |  | -
Statement Of Comprehensive Income |  | -
Balance Sheet |  | 3
Notes To The Accounts |  | 4
The following do not form part of the statutory financial statements: |  |
Trading And Profit And Loss Account |  | -
Profit And Loss Account Summaries |  | -

Propel Sports and Media Group Africa Limited

BALANCE SHEET AT 31/05/2025
|  |  |  |  |  | 2025 |  |  |  | 2024
|  | Notes |  |  |  | £ |  |  |  | £
FIXED ASSETS |  |  |  |  |  |  |  |  |  |
Intangible assets |  |  |  |  |  | 150,401 |  |  |  | -
Tangible assets |  | 3 |  |  |  | 363,511 |  |  |  | 223,360
Investment Assets |  | 4 |  |  |  | 4,677 |  |  |  | 7,037
|  |  |  |  |  | 518,589 |  |  |  | 230,397
CURRENT ASSETS |  |  |  |  |  |  |  |  |  |
Debtors |  | 5 |  | 18,556 |  |  |  | 105,131 |  |
Cash at bank and in hand |  |  |  | 66 |  |  |  | 2,889 |  |
|  |  |  | 18,622 |  |  |  | 108,020 |  |
CREDITORS: Amounts falling due within one year |  | 6 |  | 53,766 |  |  |  | 184,910 |  |
NET CURRENT LIABILITIES |  |  |  |  |  | (35,144) |  |  |  | (76,890)
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  |  |  |  | 483,445 |  |  |  | 153,507
CREDITORS: Amounts falling due after more than one year |  | 7 |  |  |  | 195,283 |  |  |  | 127,198
NET ASSETS |  |  |  |  |  | 288,162 |  |  |  | 26,309
CAPITAL AND RESERVES |  |  |  |  |  |  |  |  |  |
Called up share capital |  | 8 |  |  |  | 14,892 |  |  |  | 11,589
Share premium account |  | 9 |  |  |  | 570,510 |  |  |  | 298,682
Profit and loss account |  |  |  |  |  | (297,240) |  |  |  | (283,962)
SHAREHOLDERS' FUNDS |  |  |  |  |  | 288,162 |  |  |  | 26,309
For the year ending 31/05/2025 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.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 16/12/2025 and signed on their behalf by |  |  |  |  |  |  |  |  |  |
............................. |  |  |  |  |  |  |  |  |  |
Basil Kabbani |  |  |  |  |  |  |  |  |  |
Director |  |  |  |  |  |  |  |  |  |

Propel Sports and Media Group Africa Limited

NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31/05/2025

1. ACCOUNTING POLICIES

1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .

1b. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

1c. Investments
Fixed asset investments are shown at cost less amounts written off.
Provisions are made for permanent fluctuations in value.

2. EMPLOYEES |  |  |  |  |  |
|  |  |  | 2025 |  | 2024
|  |  |  | No. |  | No.
Average number of employees |  |  |  | - |  | -

3. TANGIBLE FIXED ASSETS |  |  |  |
|  | Equipment |  | Total
|  | £ |  | £
Cost |  |  |  |
At 01/06/2024 |  | 223,360 |  | 223,360
Additions |  | 184,000 |  | 184,000
Disposals |  | (43,849) |  | (43,849)
At 31/05/2025 |  | 363,511 |  | 363,511
Depreciation |  |  |  |
At 31/05/2025 |  | - |  | -
Net Book Amounts |  |  |  |
At 31/05/2025 |  | 363,511 |  | 363,511
At 31/05/2024 |  | 223,360 |  | 223,360

Propel Sports and Media Group Africa Limited

4. FINANCIAL ASSETS |  |  |  |
|  | Shares in group companies |  |
|  | and participating interests |  | Total
|  | £ |  | £
Cost |  |  |  |
At 01/06/2024 |  | 7,037 |  | 7,037
Revaluation |  | (2,360) |  | (2,360)
At 31/05/2025 |  | 4,677 |  | 4,677
Amortisation |  |  |  |
Net Book Amounts |  |  |  |
At 31/05/2025 |  | 4,677 |  | 4,677
At 31/05/2024 |  | 7,037 |  | 7,037
The company owns the entire share capital of Propel Sports VOD Streaming Services Limited. |
This company was registered in Nigeria on 08/09/2023, registration number 7129752. |

5. DEBTORS |  |  |  | 2025 |  | 2024
|  |  |  | £ |  | £
Amounts falling due within one year |  |  |  |  |  |
Amounts due on unpaid share capital |  |  |  | 18,556 |  | 10,917
Prepayments |  |  |  | - |  | 94,214
|  |  |  | 18,556 |  | 105,131

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |  |  |  |  |  |
|  |  |  | 2025 |  | 2024
|  |  |  | £ |  | £
Amounts due from related undertakings |  |  |  | 3,606 |  | 7,616
Credit card |  |  |  | 4,322 |  | -
Trade creditors |  |  |  | 42,118 |  | 91,518
Other creditors |  |  |  | - |  | 26,001
Accruals |  |  |  | 3,720 |  | 59,775
|  |  |  | 53,766 |  | 184,910

Propel Sports and Media Group Africa Limited

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |  |  |  |  |  |
|  |  |  | 2025 |  | 2024
|  |  |  | £ |  | £
Directors current account |  |  |  | 195,283 |  | 127,198
|  |  |  | 195,283 |  | 127,198

8. SHARE CAPITAL |  |  |  | 2025 |  | 2024
|  |  |  | £ |  | £
Allotted, issued and fully paid: |  |  |  |  |  |
269,222 Ordinary A of £0.01 each |  |  |  | 2,692.22 |  | 1489.44
101 Ordinary C shares of £1 each |  |  |  | 101 |  | 101
1,209,900 Ordinary C shares of £0.01 each |  |  |  | 12,099 |  | 9999
|  |  |  | 14,892 |  | 11,589
New shares issued during period: |  |  |  |  |  |
120,278 Ordinary A of £0.01 each |  |  |  | 1,202.78 |  | 1489.44
1 Ordinary C shares of £1 each |  |  |  | 1 |  | 1
210,000 Ordinary C shares of £0.01 each |  |  |  | 2,100 |  | 9999
|  |  |  | 3,303 |  | 11,489

9. SHARE PREMIUM ACCOUNT |  |  |  | 2025 |  | 2024
|  |  |  | £ |  | £
Share premium account |  |  |  | 570,510 |  | 298,682