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

GCA Sports Limited

Unaudited financial statements

31 August 2025

Company Registration Number 09138486

GCA Sports Limited

Financial statements

year ended 31 August 2025

Contents	Pages

Balance sheet	1 to 2

Notes to the financial statements	3 to 6

GCA Sports Limited

Balance sheet

31 August 2025

	2025	2024
Note	£	£

Fixed assets

Tangible assets	5	962,771	963,851

Current assets

Debtors	6	1,000	–
Cash at bank and in hand		6,076	29,422
		-------	--------
		7,076	29,422

Creditors: amounts falling due within one year	7	11,906	8,215
		--------	--------
Net current (liabilities)/assets		( 4,830)	21,207
		---------	---------
Total assets less current liabilities		957,941	985,058

Creditors: amounts falling due after more than one year	8	473,503	473,514

Provisions	47,898	47,898
	---------	---------
Net assets	436,540	463,646
	---------	---------

GCA Sports Limited

Balance sheet (continued)

31 August 2025

	2025	2024
Note	£	£

Capital and reserves

Called up share capital	2	2
Revaluation reserve	252,093	252,093
Profit and loss account	184,445	211,551
	---------	---------
Shareholders funds	436,540	463,646
	---------	---------

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 profit and loss account has not been delivered.

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.

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 .

These financial statements were approved by the board of directors and authorised for issue on 27 May 2026 , and are signed on behalf of the board by:

Mr C T Adcock

Director

Company registration number: 09138486

GCA Sports Limited

Notes to the financial statements

year ended 31 August 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 19 The Square, Retford, Nottinghamshire, DN22 6DQ.

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 for goods supplied and services rendered, net of discounts and Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Foreign currencies

Foreign currency transactions are initially recorded in the functional currency, by applying the spot exchange rate as at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are translated at the exchange rate ruling at the reporting date, with any gains or losses being taken to the profit and loss account.

Operating leases

Lease income is recognised in profit or loss on a straight line basis over the lease term. The aggregate cost of lease incentives are recognised as a reduction to income over the lease term on a straight-line basis. Costs, including depreciation, incurred in earning the lease income are recognised as an expense. Any initial direct costs incurred in negotiating and arranging the operating lease are added to the carrying amount of the lease and recognised as an expense over the lease term on the same basis as the lease income.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.

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:

Leasehold property	-	15% reducing balance
Fixtures and fittings	-	15% reducing balance
Equipment	-	15% reducing balance

Investment property

Investment property is initially recorded at cost, which includes purchase price and any directly attributable expenditure. Investment property is revalued to its fair value at each reporting date and any changes in fair value are recognised in profit or loss.

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. For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets. For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the company are assigned to those units.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 2 (2024: 2 ).

5. Tangible assets

Freehold property	Long leasehold property	Fixtures and fittings	Equipment	Total
£	£	£	£	£

Cost
At 1 September 2024 and 31 August 2025	956,662	2,435	10,673	9,661	979,431
	---------	-------	--------	-------	---------
Depreciation
At 1 September 2024	–	1,871	7,144	6,565	15,580
Charge for the year	–	85	530	465	1,080
	---------	-------	--------	-------	---------
At 31 August 2025	–	1,956	7,674	7,030	16,660
	---------	-------	--------	-------	---------
Carrying amount
At 31 August 2025	956,662	479	2,999	2,631	962,771
	---------	-------	--------	-------	---------
At 31 August 2024	956,662	564	3,529	3,096	963,851
	---------	-------	--------	-------	---------

The properties were valued by the directors at fair value.

6. Debtors

	2025	2024
	£	£

Other debtors	1,000	–
	-------	----

7. Creditors: amounts falling due within one year

	2025	2024
	£	£

Other creditors	11,906	8,215
	--------	-------

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

	2025	2024
	£	£

Bank loans and overdrafts	473,503	473,514
	---------	---------

9. Directors' advances, credits and guarantees

During the year the directors entered into the following advances and credits with the company:

2025
Balance brought forward	Advances/ (credits) to the directors	Amounts repaid	Balance outstanding
£	£	£	£

Mr C T Adcock	( 4,728)	–	( 3,379)	( 8,107)
	-------	----	-------	-------

2024
Balance brought forward	Advances/ (credits) to the directors	Amounts repaid	Balance outstanding
£	£	£	£

Mr C T Adcock	( 7,425)	32,501	( 29,804)	( 4,728)
	-------	--------	--------	-------

10. Related party transactions

The company was under the control of Mr C & Mrs G Adcock throughout the current and previous year. Mr C and Mrs G Adcock are the managing directors and majority shareholders.