IRIS Accounts Production v26.1.0.640 07935401 director 1.2.25 31.1.26 31.1.26 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh079354012025-01-31079354012026-01-31079354012025-02-012026-01-31079354012024-01-31079354012024-02-012025-01-31079354012025-01-3107935401ns15:EnglandWales2025-02-012026-01-3107935401ns14:PoundSterling2025-02-012026-01-3107935401ns10:Director12025-02-012026-01-3107935401ns10:PrivateLimitedCompanyLtd2025-02-012026-01-3107935401ns10:SmallEntities2025-02-012026-01-3107935401ns10:AuditExempt-NoAccountantsReport2025-02-012026-01-3107935401ns10:SmallCompaniesRegimeForDirectorsReport2025-02-012026-01-3107935401ns10:SmallCompaniesRegimeForAccounts2025-02-012026-01-3107935401ns10:FullAccounts2025-02-012026-01-3107935401ns10:CompanySecretary12025-02-012026-01-3107935401ns10:RegisteredOffice2025-02-012026-01-3107935401ns5:CurrentFinancialInstruments2026-01-3107935401ns5:CurrentFinancialInstruments2025-01-3107935401ns5:Non-currentFinancialInstruments2026-01-3107935401ns5:Non-currentFinancialInstruments2025-01-3107935401ns5:ShareCapital2026-01-3107935401ns5:ShareCapital2025-01-3107935401ns5:RetainedEarningsAccumulatedLosses2026-01-3107935401ns5:RetainedEarningsAccumulatedLosses2025-01-3107935401ns5:OwnedOrFreeholdAssetsns5:LandBuildings2025-02-012026-01-3107935401ns5:LeaseholdImprovements2025-02-012026-01-3107935401ns5:FurnitureFittings2025-02-012026-01-3107935401ns5:MotorVehicles2025-02-012026-01-3107935401ns5:LandBuildings2025-01-3107935401ns5:LeaseholdImprovements2025-01-3107935401ns5:FurnitureFittings2025-01-3107935401ns5:LandBuildings2025-02-012026-01-3107935401ns5:LandBuildings2026-01-3107935401ns5:LeaseholdImprovements2026-01-3107935401ns5:FurnitureFittings2026-01-3107935401ns5:LandBuildings2025-01-3107935401ns5:LeaseholdImprovements2025-01-3107935401ns5:FurnitureFittings2025-01-3107935401ns5:MotorVehicles2025-01-3107935401ns5:ComputerEquipment2025-01-3107935401ns5:ComputerEquipment2025-02-012026-01-3107935401ns5:MotorVehicles2026-01-3107935401ns5:ComputerEquipment2026-01-3107935401ns5:MotorVehicles2025-01-3107935401ns5:ComputerEquipment2025-01-3107935401ns5:WithinOneYearns5:CurrentFinancialInstruments2026-01-3107935401ns5:WithinOneYearns5:CurrentFinancialInstruments2025-01-31
REGISTERED NUMBER: 07935401 (England and Wales)




















FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2026

FOR

J L SPORTING LTD
J L SPORTING LTD (REGISTERED NUMBER: 07935401)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2026




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


J L SPORTING LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JANUARY 2026







DIRECTOR: J V S Lee





SECRETARY: Mrs L Lee





REGISTERED OFFICE: 21A Market Place
Warminster
Wiltshire
BA12 9AY





REGISTERED NUMBER: 07935401 (England and Wales)





ACCOUNTANTS: PG Owen Limited
Chartered Accountants
21A Market Place
Warminster
Wiltshire
BA12 9AY
Page 1
J L SPORTING LTD (REGISTERED NUMBER: 07935401)

BALANCE SHEET
31 JANUARY 2026

2026 2025
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 339,642 370,322

CURRENT ASSETS
Debtors 5 224,123 158,009
Cash at bank and in hand 278,841 278,629
502,964 436,638
CREDITORS
Amounts falling due within one year 6 122,643 163,274
NET CURRENT ASSETS 380,321 273,364
TOTAL ASSETS LESS CURRENT
LIABILITIES
719,963
643,686

CREDITORS
Amounts falling due after more than one
year
7
15,833
25,833
NET ASSETS 704,130 617,853

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 704,030 617,753
704,130 617,853

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2026 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The notes form part of these financial statements

Page 2 continued...
J L SPORTING LTD (REGISTERED NUMBER: 07935401)

BALANCE SHEET - continued
31 JANUARY 2026


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

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 5 May 2026 and were signed by:





J V S Lee - Director


The notes form part of these financial statements

Page 3
J L SPORTING LTD (REGISTERED NUMBER: 07935401)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2026

1. STATUTORY INFORMATION

J L Sporting Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

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

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Freehold property - 2% on cost
Improvements to property - 20% on cost
Fixtures and fittings - 25% on reducing balance
Motor vehicles - 25% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2025 - 2 ) .

Page 4 continued...
J L SPORTING LTD (REGISTERED NUMBER: 07935401)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2026

4. TANGIBLE FIXED ASSETS
Improvements Fixtures
Freehold to and
property property fittings
£    £    £   
COST
At 1 February 2025 313,835 48,905 65,932
Additions - - 2,162
At 31 January 2026 313,835 48,905 68,094
DEPRECIATION
At 1 February 2025 43,939 48,905 55,528
Charge for year 6,277 - 3,134
At 31 January 2026 50,216 48,905 58,662
NET BOOK VALUE
At 31 January 2026 263,619 - 9,432
At 31 January 2025 269,896 - 10,404

Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 February 2025 153,500 8,151 590,323
Additions - 5,693 7,855
At 31 January 2026 153,500 13,844 598,178
DEPRECIATION
At 1 February 2025 65,636 5,993 220,001
Charge for year 27,163 1,961 38,535
At 31 January 2026 92,799 7,954 258,536
NET BOOK VALUE
At 31 January 2026 60,701 5,890 339,642
At 31 January 2025 87,864 2,158 370,322

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2026 2025
£    £   
Trade debtors 223,038 142,903
Prepayments 1,085 15,106
224,123 158,009

Page 5 continued...
J L SPORTING LTD (REGISTERED NUMBER: 07935401)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2026

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2026 2025
£    £   
Hire purchase contracts 10,000 10,000
Trade creditors 14,010 30,742
Tax 55,677 81,995
Social security and other taxes 1,767 -
Directors' current accounts 41,189 40,537
122,643 163,274

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2026 2025
£    £   
Hire purchase contracts 15,833 25,833

Page 6