1 false false false false false false false false false false true false false false false false false No description of principal activity 2024-08-01 Sage Accounts Production Advanced 2025 - FRS102_2025 xbrli:pure xbrli:shares iso4217:GBP 08160437 2024-08-01 2025-07-31 08160437 2025-07-31 08160437 2024-07-31 08160437 2023-08-01 2024-07-31 08160437 2024-07-31 08160437 2023-07-31 08160437 core:FurnitureFittings 2024-08-01 2025-07-31 08160437 bus:Director1 2024-08-01 2025-07-31 08160437 core:FurnitureFittings 2024-07-31 08160437 core:FurnitureFittings 2025-07-31 08160437 core:WithinOneYear 2025-07-31 08160437 core:WithinOneYear 2024-07-31 08160437 core:AfterOneYear 2025-07-31 08160437 core:AfterOneYear 2024-07-31 08160437 bus:AllOrdinaryShares 2024-08-01 2025-07-31 08160437 bus:AllOrdinaryShares 2023-08-01 2024-07-31 08160437 core:ShareCapital 2025-07-31 08160437 core:ShareCapital 2024-07-31 08160437 core:RetainedEarningsAccumulatedLosses 2025-07-31 08160437 core:RetainedEarningsAccumulatedLosses 2024-07-31 08160437 core:FurnitureFittings 2024-07-31 08160437 bus:SmallEntities 2024-08-01 2025-07-31 08160437 bus:AuditExemptWithAccountantsReport 2024-08-01 2025-07-31 08160437 bus:SmallCompaniesRegimeForAccounts 2024-08-01 2025-07-31 08160437 bus:PrivateLimitedCompanyLtd 2024-08-01 2025-07-31 08160437 bus:FullAccounts 2024-08-01 2025-07-31
COMPANY REGISTRATION NUMBER: 08160437

EMPIRE SPORTS LIMITED

FILLETED UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED

31 July 2025

EMPIRE SPORTS LIMITED

FINANCIAL STATEMENTS

YEAR ENDED 31st JULY 2025

Contents | Pages

Statement of financial position | 1 to 2

Notes to the financial statements | 3 to 5

EMPIRE SPORTS LIMITED

STATEMENT OF FINANCIAL POSITION

31 July 2025

| 2025 | 2024
Note | £ | £ | £ | £

Fixed assets

Tangible assets | 6 |  | 580 |  | 498

Current assets

Stocks | 37,641 |  | 100,768 |
Cash at bank and in hand | 5,535 |  | 8,358 |
| -------- |  | --------- |
| 43,176 |  | 109,126 |

Creditors: amounts falling due within one year | 7 | 18,605 |  | 33,255 |
| -------- |  | --------- |
Net current assets |  | 24,571 |  | 75,871
|  | -------- |  | --------
Total assets less current liabilities |  | 25,151 |  | 76,369

Creditors: amounts falling due after more than one year | 8 |  | 4,528 |  | 32,907
|  | -------- |  | --------
Net assets |  | 20,623 |  | 43,462
|  | -------- |  | --------

EMPIRE SPORTS LIMITED

STATEMENT OF FINANCIAL POSITION (continued)

31 July 2025

| 2025 | 2024
Note | £ | £ | £ | £

Capital and reserves

Called up share capital |  | 100 |  | 100
Profit and loss account |  | 20,523 |  | 43,362
|  | -------- |  | --------
Shareholders funds |  | 20,623 |  | 43,462
|  | -------- |  | --------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
For the year ending 31st July 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 year in question in accordance with section 476 ;
- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
These financial statements were approved by the board of directors and authorised for issue on 2 April 2026 , and are signed on behalf of the board by:

Mr M.J Brown |
Director |

Company registration number: 08160437

EMPIRE SPORTS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 31st JULY 2025
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 20 Enville Road, Wallheath, Kingswinford, West Midlands, DY6 0JT.
2. Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. Accounting policies
(i) Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
(ii) Judgements and key sources of estimation uncertainty
The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.
(iii) Tangible assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.
(iv) Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

| Fixtures & Fittings | - | 25% reducing balance
| Equipment | - | 25% reducing balance

(v) Stocks
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition.
(vi) Defined contribution plans
Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund. When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised as a finance cost in profit or loss in the period in which it arises.
4. Employee numbers
The average number of persons employed by the company during the year amounted to 1 (2024: 1 ).
5. Dividends

| 2025 | 2024
| £ | £
Dividends paid during the year (excluding those for which a liability existed at the end of the prior year ) | 500 | 1,000
| ---- | -------

6. Tangible assets

| Fixtures and fittings | Equipment | Total
| £ | £ | £
Cost |  |  |
At 1st August 2024 | 4,270 | 5,024 | 9,294
Additions | – | 275 | 275
| ------- | ------- | -------
At 31st July 2025 | 4,270 | 5,299 | 9,569
| ------- | ------- | -------
Depreciation |  |  |
At 1st August 2024 | 4,045 | 4,751 | 8,796
Charge for the year | 56 | 137 | 193
| ------- | ------- | -------
At 31st July 2025 | 4,101 | 4,888 | 8,989
| ------- | ------- | -------
Carrying amount |  |  |
At 31st July 2025 | 169 | 411 | 580
| ------- | ------- | -------
At 31st July 2024 | 225 | 273 | 498
| ------- | ------- | -------

7. Creditors: amounts falling due within one year

| 2025 | 2024
| £ | £
Bank loans and overdrafts | 1,033 | 288
Trade creditors | 562 | 2,031
Social security and other taxes | 2,479 | 2,254
Other creditors | 14,531 | 28,682
| -------- | --------
| 18,605 | 33,255
| -------- | --------

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

| 2025 | 2024
| £ | £
Bank loans and overdrafts | 4,528 | 32,907
| ------- | --------

9. Director's advances, credits and guarantees
There were no transactions during the year which need to be reported upon.
10. Related party transactions
The company was under the control of Mr M.J. Brown throughout the current period. He is the managing director and sole shareholder. No transactions with related parties were undertaken such as are required to be disclosed under Financial Reporting Standard 8.