Cicada Sports Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 05161158

Cicada Sports Limited

Filleted Unaudited Financial Statements

30 November 2024

Cicada Sports Limited

Financial Statements

Year ended 30 November 2024

Contents	Pages

Officers and professional advisers	1

Chartered accountant's report to the board of directors on the preparation of the unaudited statutory financial statements	2

Statement of financial position	3 to 4

Notes to the financial statements	5 to 6

Cicada Sports Limited

Officers and Professional Advisers

The Board of Directors	A Williams
	P Oliver

Company Secretary	A Williams

Registered Office	37a Birmingham New Road
	Wolverhampton
	West Midlands
	WV4 6BL

Accountants	Howell Davies Limited
	Chartered accountants
	Tudor House
	37a Birmingham New Road
	Wolverhampton
	West Midlands
	WV4 6BL

Cicada Sports Limited

Chartered Accountant's Report to the Board of Directors on the Preparation of the Unaudited Statutory Financial Statements of Cicada Sports Limited

Year ended 30 November 2024

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Cicada Sports Limited for the year ended 30 November 2024, which comprise the statement of financial position and the related notes from the company's accounting records and from information and explanations you have given us. As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at www.icaew.com/en/membership/regulations-standards-and-guidance. Our work has been undertaken in accordance with ICAEW Technical Release 07/16 AAF as detailed at www.icaew.com/compilation.

Howell Davies Limited Chartered accountants

Tudor House 37a Birmingham New Road Wolverhampton West Midlands WV4 6BL

22 May 2026

Cicada Sports Limited

Statement of Financial Position

30 November 2024

	2024		2023
Note	£	£	£	£

Fixed Assets

Tangible assets	5		290		342

Current Assets

Stocks		60,250	75,975
Debtors	6	11,941	12,391
Cash at bank and in hand		3,539	384
		--------	--------
		75,730	88,750

Creditors: amounts falling due within one year	7	74,392		78,477
		--------		--------
Net Current Assets			1,338		10,273
			-------		--------
Total Assets Less Current Liabilities			1,628		10,615

Creditors: amounts falling due after more than one year	8	79,394	79,627
		--------	--------
Net Liabilities		( 77,766)	( 69,012)
		--------	--------

Capital and Reserves

Called up share capital	10,100	10,100
Profit and loss account	( 87,866)	( 79,112)
	--------	--------
Shareholders Deficit	( 77,766)	( 69,012)
	--------	--------

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 30 November 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

Cicada Sports Limited

Statement of Financial Position (continued)

30 November 2024

These financial statements were approved by the board of directors and authorised for issue on 22 May 2026 , and are signed on behalf of the board by:

A Williams
Director

Company registration number: 05161158

Cicada Sports Limited

Notes to the Financial Statements

Year ended 30 November 2024

1. General Information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 37a Birmingham New Road, Wolverhampton, West Midlands, WV4 6BL.

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

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.

Revenue Recognition

Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of discounts and of Value Added Tax.

Tangible Assets

Tangible assets are initially recorded at cost.

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 and fittings	-	15% reducing balance

Impairment of Fixed Assets

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.

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.

4. Employee Numbers

The average number of persons employed by the company during the year amounted to 1 (2023: 1 ).

5. Tangible Assets

	Fixtures and fittings	Total
	£	£

Cost
At 1 December 2023 and 30 November 2024	6,284	6,284
	-------	-------
Depreciation
At 1 December 2023	5,942	5,942
Charge for the year	52	52
	-------	-------
At 30 November 2024	5,994	5,994
	-------	-------
Carrying amount
At 30 November 2024	290	290
	-------	-------
At 30 November 2023	342	342
	-------	-------

6. Debtors

	2024	2023
	£	£

Other debtors	11,941	12,391
	--------	--------

7. Creditors: amounts falling due within one year

	2024	2023
	£	£

Bank loans and overdrafts	17,773	21,183
Trade creditors	34,169	30,144
Other creditors	22,450	27,150
	--------	--------
	74,392	78,477
	--------	--------

The bank overdraft is secured by personal guarantees given by the directors.

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

	2024	2023
	£	£

Bank loans and overdrafts	24,375	29,792
Other creditors	55,019	49,835
	--------	--------
	79,394	79,627
	--------	--------