Company Registration No. 11075233 (England and Wales)
U Sports Limited
Unaudited accounts
for the year ended 31 August 2025
U Sports Limited
Unaudited accounts
Contents
U Sports Limited
Company Information
for the year ended 31 August 2025
Directors
Mr Charlie Thomas Hiscox
Mrs Stephanie Hiscox
Company Number
11075233 (England and Wales)
Registered Office
Building M 1st Floor
15 Headley Road
Reading
Berkshire
RG5 4JB
United Kingdom
Accountants
Schiavi Pole Brett Ltd
Unit 2
58 High Street
Pinner
HA5 5PZ
U Sports Limited
Statement of financial position
as at 31 August 2025
Tangible assets
10,176
11,117
Cash at bank and in hand
113,976
96,629
Creditors: amounts falling due within one year
(225,778)
(222,653)
Net current assets
292,755
231,397
Total assets less current liabilities
302,931
242,514
Creditors: amounts falling due after more than one year
-
(10,000)
Net assets
302,931
232,514
Called up share capital
100
100
Profit and loss account
302,831
232,414
Shareholders' funds
302,931
232,514
For the year ending 31 August 2025 the company was entitled to exemption from audit 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 12 May 2026 and were signed on its behalf by
Mr Charlie Thomas Hiscox
Director
Company Registration No. 11075233
U Sports Limited
Notes to the Accounts
for the year ended 31 August 2025
U Sports Limited is a private company, limited by shares, registered in England and Wales, registration number 11075233. The registered office is Building M 1st Floor, 15 Headley Road, Reading, Berkshire, RG5 4JB, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
25% Straight line
Computer equipment
33.33% & 25% Straight line
Investments in subsidiary and associate undertakings are carried at cost less any accumulated impairment
U Sports Limited
Notes to the Accounts
for the year ended 31 August 2025
4
Tangible fixed assets
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 September 2024
12,445
14,800
27,245
At 31 August 2025
12,445
18,924
31,369
At 1 September 2024
7,820
8,308
16,128
Charge for the year
1,387
3,678
5,065
At 31 August 2025
9,207
11,986
21,193
At 31 August 2025
3,238
6,938
10,176
At 31 August 2024
4,625
6,492
11,117
Amounts falling due within one year
Trade debtors
20,373
146,048
Amounts due from group undertakings etc.
374,427
205,007
Accrued income and prepayments
6,297
2,906
6
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
10,000
10,000
Trade creditors
82,823
63,031
Taxes and social security
52,094
44,483
Loans from directors
1,901
4,699
7
Creditors: amounts falling due after more than one year
2025
2024
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
U Sports Limited
Notes to the Accounts
for the year ended 31 August 2025
9
Average number of employees
During the year the average number of employees was 27 (2024: 36).