Company Registration No. SC828006 (Scotland)
THE SPORTING PURSUIT LTD
UNAUDITED FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 NOVEMBER 2025
PAGES FOR FILING WITH REGISTRAR
James Hair Group Limited
59 Bonnygate
CUPAR
Fife
UK
KY15 4BY
THE SPORTING PURSUIT LTD
BALANCE SHEET
AS AT
30 NOVEMBER 2025
30 November 2025
- 1 -
2025
Notes
£
£
Current assets
Debtors
3
140
Cash at bank and in hand
19,054
19,194
Creditors: amounts falling due within one year
4
(8,999)
Net current assets
10,195
Capital and reserves
Called up share capital
5
100
Profit and loss reserves
10,095
Total equity
10,195

The director of the company has elected not to include a copy of the profit and loss account within the financial statements.true

For the financial period ended 30 November 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

T he members have not required the company to obtain an audit of its financial statements for the period in question in accordance with section 476.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved and signed by the director and authorised for issue on 9 April 2026
Mr S Baxter
Director
Company Registration No. SC828006
THE SPORTING PURSUIT LTD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 NOVEMBER 2025
- 2 -
1
Accounting policies
Company information

The Sporting Pursuit Ltd is a private company limited by shares incorporated in Scotland. The registered office is 59 Bonnygate, CUPAR, Fife, UK, KY15 4BY.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary a mounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.2
Reporting period

The company was incorporated on 5 November 2024 and commenced trading on 5 November 2024. The accounts have therefore been prepared for the period ended 30 November 2025.

1.3
Turnover

T urnover comprises the invoiced value of sporting consultancy services provided by the company, net of Value Added Tax and trade discounts.

1.4
Financial instruments

Basic financial instruments are recognised at amortised cost using the effective interest method except for investments in non-convertible preference and non-puttable preference and ordinary shares, which are measured at fair value, with changes recognised in the profit and loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value, with charges recognised in profit and loss.

1.5
Taxation
Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

Deferred tax

Deferred tax liabilities are generally recognised for all timing differences and deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Such assets and liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit.

The carrying amount of deferred tax assets is reviewed at each reporting end date and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered. Deferred tax is calculated at the tax rates that are expected to apply in the period when the liability is settled or the asset is realised. Deferred tax is charged or credited in the profit and loss account, except when it relates to items charged or credited directly to equity, in which case the deferred tax is also dealt with in equity. Deferred tax assets and liabilities are offset when the company has a legally enforceable right to offset current tax assets and liabilities and the deferred tax assets and liabilities relate to taxes levied by the same tax authority.

THE SPORTING PURSUIT LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE PERIOD ENDED 30 NOVEMBER 2025
1
Accounting policies
(Continued)
- 3 -
1.6
Employee benefits

The costs of short-term employee benefits are recognised as a liability and an expense, unless those costs are required to be recognised as part of the cost of stock or fixed assets.

The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

1.7
Pensions

The company operates a defined contribution pension scheme and the pension charge represents the amounts paid by the company to the funds in respect of the year.

2
Employees

The average monthly number of persons (including directors) employed by the company during the period was:

2025
Number
Total
1
3
Debtors
2025
Amounts falling due within one year:
£
Prepayments and accrued income
140
4
Creditors: amounts falling due within one year
2025
£
Corporation tax
2,907
Other taxation and social security
230
Directors current accounts
4,273
Accruals and deferred income
1,589
8,999
5
Called up share capital
2025
£
Ordinary share capital
Issued and fully paid
100 Ordinary shares of £1 each
100

During the period, the company issued 100 ordinary shares of £1 each at par value. The purpose of this allotment was to raise the initial share capital of the company.

2025-11-30 2024-11-05 false false false 09 April 2026 CCH Software CCH Accounts Production 2026.100 No description of principal activity Mr S Baxter SC828006 2024-11-05 2025-11-30 SC828006 2025-11-30 SC828006 core:CurrentFinancialInstruments 2025-11-30 SC828006 core:ShareCapital 2025-11-30 SC828006 core:RetainedEarningsAccumulatedLosses 2025-11-30 SC828006 core:ShareCapitalOrdinaryShareClass1 2025-11-30 SC828006 bus:Director1 2024-11-05 2025-11-30 SC828006 core:CurrentFinancialInstruments core:WithinOneYear 2025-11-30 SC828006 bus:PrivateLimitedCompanyLtd 2024-11-05 2025-11-30 SC828006 bus:FRS102 2024-11-05 2025-11-30 SC828006 bus:AuditExemptWithAccountantsReport 2024-11-05 2025-11-30 SC828006 bus:SmallCompaniesRegimeForAccounts 2024-11-05 2025-11-30 SC828006 bus:FullAccounts 2024-11-05 2025-11-30 xbrli:pure xbrli:shares iso4217:GBP