Silverfin false false 31/05/2025 01/06/2024 31/05/2025 T J Bartlett 02/10/2001 24 February 2026 The principal activity of the company in the year under review was that of the retail of skiing and snowboarding equipment. 02932936 2025-05-31 02932936 bus:Director1 2025-05-31 02932936 2024-05-31 02932936 core:CurrentFinancialInstruments 2025-05-31 02932936 core:CurrentFinancialInstruments 2024-05-31 02932936 core:Non-currentFinancialInstruments 2025-05-31 02932936 core:Non-currentFinancialInstruments 2024-05-31 02932936 core:ShareCapital 2025-05-31 02932936 core:ShareCapital 2024-05-31 02932936 core:RetainedEarningsAccumulatedLosses 2025-05-31 02932936 core:RetainedEarningsAccumulatedLosses 2024-05-31 02932936 core:PlantMachinery 2024-05-31 02932936 core:Vehicles 2024-05-31 02932936 core:FurnitureFittings 2024-05-31 02932936 core:ComputerEquipment 2024-05-31 02932936 core:PlantMachinery 2025-05-31 02932936 core:Vehicles 2025-05-31 02932936 core:FurnitureFittings 2025-05-31 02932936 core:ComputerEquipment 2025-05-31 02932936 bus:OrdinaryShareClass1 2025-05-31 02932936 2024-06-01 2025-05-31 02932936 bus:FilletedAccounts 2024-06-01 2025-05-31 02932936 bus:SmallEntities 2024-06-01 2025-05-31 02932936 bus:AuditExemptWithAccountantsReport 2024-06-01 2025-05-31 02932936 bus:PrivateLimitedCompanyLtd 2024-06-01 2025-05-31 02932936 bus:Director1 2024-06-01 2025-05-31 02932936 core:PlantMachinery core:TopRangeValue 2024-06-01 2025-05-31 02932936 core:Vehicles core:TopRangeValue 2024-06-01 2025-05-31 02932936 core:FurnitureFittings core:TopRangeValue 2024-06-01 2025-05-31 02932936 core:ComputerEquipment core:TopRangeValue 2024-06-01 2025-05-31 02932936 2023-06-01 2024-05-31 02932936 core:PlantMachinery 2024-06-01 2025-05-31 02932936 core:Vehicles 2024-06-01 2025-05-31 02932936 core:FurnitureFittings 2024-06-01 2025-05-31 02932936 core:ComputerEquipment 2024-06-01 2025-05-31 02932936 core:Non-currentFinancialInstruments 2024-06-01 2025-05-31 02932936 bus:OrdinaryShareClass1 2024-06-01 2025-05-31 02932936 bus:OrdinaryShareClass1 2023-06-01 2024-05-31 iso4217:GBP xbrli:pure xbrli:shares

Company No: 02932936 (England and Wales)

# ACTIVE WEAR & OUTDOOR LEISURE LIMITED

### Unaudited Financial Statements
For the financial year ended 31 May 2025
Pages for filing with the registrar

ACTIVE WEAR & OUTDOOR LEISURE LIMITED

## Unaudited Financial Statements

For the financial year ended 31 May 2025

Contents

ACTIVE WEAR & OUTDOOR LEISURE LIMITED

## COMPANY INFORMATION

For the financial year ended 31 May 2025
ACTIVE WEAR & OUTDOOR LEISURE LIMITED

## COMPANY INFORMATION (continued)

For the financial year ended 31 May 2025

DIRECTOR | T J Bartlett

SECRETARY | S R Bartlett

REGISTERED OFFICE | 1-2 Rosslyn Parade
| Uxbridge Road
| Hillingdon
| UB10 0NP
| United Kingdom

COMPANY NUMBER | 02932936 (England and Wales)

ACCOUNTANT | S&W Partners (Manchester) Limited
| 3rd Floor Northern Assurance
| Albert Square
| 9/21 Princess Street
| Manchester
| M2 4DN

ACTIVE WEAR & OUTDOOR LEISURE LIMITED

## BALANCE SHEET

As at 31 May 2025
ACTIVE WEAR & OUTDOOR LEISURE LIMITED

## BALANCE SHEET (continued)

As at 31 May 2025

| Note | 2025 |  | 2024
|  | £ |  | £
Fixed assets |  |  |  |
Tangible assets | 3 | 43,082 |  | 59,916
|  | 43,082 |  | 59,916
Current assets |  |  |  |
Stocks | 4 | 1,027,277 |  | 802,758
Debtors | 5 | 57,904 |  | 15,664
Cash at bank and in hand | 6 | 12,288 |  | 1,341
|  | 1,097,469 |  | 819,763
Creditors: amounts falling due within one year | 7 | ( 522,198) |  | ( 486,388)
Net current assets |  | 575,271 |  | 333,375
Total assets less current liabilities |  | 618,353 |  | 393,291
Creditors: amounts falling due after more than one year | 8 | ( 185,082) |  | ( 233,185)
Net assets |  | 433,271 |  | 160,106
Capital and reserves |  |  |  |
Called-up share capital | 9 | 100 |  | 100
Profit and loss account |  | 433,171 |  | 160,006
Total shareholders' funds |  | 433,271 |  | 160,106

For the financial year ending 31 May 2025 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

- The members have not required the Company to obtain an audit of its financial statements for the financial year in accordance with section 476;
- The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
- These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Profit and Loss Account has not been delivered.

The financial statements of Active Wear & Outdoor Leisure Limited (registered number: 02932936) were approved and authorised for issue by the Director on 24 February 2026. They were signed on its behalf by:

T J Bartlett Director |

ACTIVE WEAR & OUTDOOR LEISURE LIMITED

## NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 May 2025
ACTIVE WEAR & OUTDOOR LEISURE LIMITED

## NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 May 2025

##### 1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

##### General information and basis of accounting

Active Wear & Outdoor Leisure Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is 1-2 Rosslyn Parade, Uxbridge Road, Hillingdon, UB10 0NP, United Kingdom.
The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with ‘The Financial Reporting Standard applicable in the UK and the Republic of Ireland’ issued by the Financial Reporting Council, including Section 1A of Financial Reporting Standard 102 (FRS102), and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

##### Going concern

As at 31 May 2025 although the company had net liabilities, the company is dependent on the continued support of the director and related parties who have confirmed their commitment to continue to provide the necessary support as long as the company needs it.
On this basis the director considers it appropriate to prepare the financial statements on a going concern basis. The financial statements do not include any adjustments that might be necessary if the director, related parties and stakeholders were unable to provide support

##### Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

##### Taxation

Current tax
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. Current or deferred taxation assets and liabilities are not discounted.
Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

##### Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life as follows:

Plant and machinery | 4 years straight line
Vehicles | 4 years straight line
Fixtures and fittings | 8 years straight line
Computer equipment | 4 years straight line

Tangible fixed assets are stated at cost (or deemed cost) or valuation less accumulated depreciation and accumulated impairment losses.

##### Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

##### Provisions

Provisions are recognised when the Company has a present obligation (legal or constructive) as a result of a past event, it is probable that the Company will be required to settle that obligation and a reliable estimate can be made of the amount of the obligation.
The amount recognised as a provision is the best estimate of the consideration required to settle the present obligation at the Balance Sheet date, taking into account the risks and uncertainties surrounding the obligation. Where a provision is measured using the cash flows estimated to settle the present obligation, its carrying amount is the present value of those cash flows (when the effect of the time value of money is material).
When some or all of the economic benefits required to settle a provision are expected to be recovered from a third party, a receivable is recognised as an asset if it is virtually certain that reimbursement will be received and the amount of the receivable can be measured reliably.

#### 2. Employees

| 2025 |  | 2024
| Number |  | Number
Monthly average number of persons employed by the Company during the year, including the director | 21 |  | 19

#### 3. Tangible assets

| Plant and machinery |  | Vehicles |  | Fixtures and fittings |  | Computer equipment |  | Total
| £ |  | £ |  | £ |  | £ |  | £
Cost |  |  |  |  |  |  |  |  |
At 01 June 2024 | 55,370 |  | 72,282 |  | 98,345 |  | 6,209 |  | 232,206
At 31 May 2025 | 55,370 |  | 72,282 |  | 98,345 |  | 6,209 |  | 232,206
Accumulated depreciation |  |  |  |  |  |  |  |  |
At 01 June 2024 | 55,370 |  | 28,146 |  | 85,349 |  | 3,425 |  | 172,290
Charge for the financial year | 0 |  | 11,269 |  | 4,013 |  | 1,552 |  | 16,834
At 31 May 2025 | 55,370 |  | 39,415 |  | 89,362 |  | 4,977 |  | 189,124
Net book value |  |  |  |  |  |  |  |  |
At 31 May 2025 | 0 |  | 32,867 |  | 8,983 |  | 1,232 |  | 43,082
At 31 May 2024 | 0 |  | 44,136 |  | 12,996 |  | 2,784 |  | 59,916

#### 4. Stocks

| 2025 |  | 2024
| £ |  | £
Finished goods | 1,027,277 |  | 802,758

#### 5. Debtors

| 2025 |  | 2024
| £ |  | £
Trade debtors | 43,044 |  | 4,684
Other debtors | 14,860 |  | 10,980
| 57,904 |  | 15,664

#### 6. Cash and cash equivalents

| 2025 |  | 2024
| £ |  | £
Cash at bank and in hand | 12,288 |  | 1,341

#### 7. Creditors: amounts falling due within one year

| 2025 |  | 2024
| £ |  | £
Bank loans | 56,634 |  | 44,174
Trade creditors | 128,731 |  | 132,265
Other taxation and social security | 20,232 |  | 20,223
Obligations under finance leases and hire purchase contracts | 9,068 |  | 9,068
Other creditors | 307,533 |  | 280,658
| 522,198 |  | 486,388

#### 8. Creditors: amounts falling due after more than one year

| 2025 |  | 2024
| £ |  | £
Bank loans | 52,294 |  | 91,329
Obligations under finance leases and hire purchase contracts | 27,204 |  | 36,272
Other creditors | 105,584 |  | 105,584
| 185,082 |  | 233,185

The company's bankers hold a fixed and floating charge over all the property of the company.
Assets held under finance lease or hire purchase contracts are secured on the assets to which they relate.

#### 9. Called-up share capital

| 2025 |  | 2024
| £ |  | £
Allotted, called-up and fully-paid |  |  |
100 Ordinary shares of £ 1.00 each | 100 |  | 100