REGISTERED NUMBER: 07562120 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 August 2025

for

Sportsmode Limited

Trading as

'Swift Automatic Doors And

Security'

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

P R Dowse

REGISTERED OFFICE:

2 Castle Business Village

Station Road

Hampton

Middlesex

TW12 2BX

REGISTERED NUMBER:

07562120 (England and Wales)

ACCOUNTANTS:

PB Associates

Chartered Accountants and Chartered Tax Advisers

2 Castle Business Village

Station Road

Hampton

Middlesex

TW12 2BX

FIXED ASSETS

Tangible assets

4

160,862

71,016

CURRENT ASSETS

Stocks

5

23,506

33,506

Debtors

6

111,984

217,686

Cash at bank and in hand

114,962

151,840

250,452

403,032

CREDITORS

Amounts falling due within one year

7

24,128

93,501

NET CURRENT ASSETS

226,324

309,531

TOTAL ASSETS LESS CURRENT LIABILITIES

387,186

380,547

CAPITAL AND RESERVES

Called up share capital

8

100

100

Retained earnings

387,086

380,447

SHAREHOLDERS' FUNDS

387,186

380,547

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2025 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 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 28 May 2026 and were signed by:

P R Dowse - Director

1.	STATUTORY INFORMATION

Sportsmode Limited 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.

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2024 - 5 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

Computer

machinery

fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 September 2024

34,979

15,161

105,326

5,582

161,048

Additions

10,800

-

92,200

409

103,409

At 31 August 2025

45,779

15,161

197,526

5,991

264,457

DEPRECIATION

At 1 September 2024

12,566

7,593

66,506

3,367

90,032

Charge for year

4,982

1,135

6,976

470

13,563

At 31 August 2025

17,548

8,728

73,482

3,837

103,595

NET BOOK VALUE

At 31 August 2025

28,231

6,433

124,044

2,154

160,862

At 31 August 2024

22,413

7,568

38,820

2,215

71,016

5.

STOCKS

31.8.25

31.8.24

£

£

Work-in-progress

23,506

33,506

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.8.25

31.8.24

£

£

Trade debtors

72,908

179,225

Other debtors

39,076

38,461

111,984

217,686

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.8.25

31.8.24

£

£

Trade creditors

3,989

3,988

Directors loan account

(9,679

)

(5,203

)

Corporation tax

22,209

65,475

Social security and other taxes

2,235

5,193

VAT

2,080

20,748

Other creditors

(6

)

-

Accruals and deferred income

3,300

3,300

24,128

93,501

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.8.25

31.8.24

value:

£

£

100

Ordinary £1 Shares

£1

100

100