Premier Sports Solutions Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 05504926 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD

1ST AUGUST 2024 TO 31ST JANUARY 2026

FOR

PREMIER SPORTS SOLUTIONS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

R J Clark

REGISTERED OFFICE:

Manufactory House

Bell Lane

Hertford

Hertfordshire

SG14 1BP

REGISTERED NUMBER:

05504926 (England and Wales)

ACCOUNTANTS:

Cook & Partners Limited

Manufactory House

Bell Lane

Hertford

Hertfordshire

SG14 1BP

FIXED ASSETS

Tangible assets

4

134,993

542,039

CURRENT ASSETS

Stocks

345,087

50,000

Debtors

5

1,612,920

579,029

Cash at bank

669,617

587,955

2,627,624

1,216,984

CREDITORS

Amounts falling due within one year

6

1,632,415

393,188

NET CURRENT ASSETS

995,209

823,796

TOTAL ASSETS LESS CURRENT
LIABILITIES

1,130,202

1,365,835

CREDITORS

Amounts falling due after more than one
year

7

67,998

352,317

NET ASSETS

1,062,204

1,013,518

CAPITAL AND RESERVES

Called up share capital

100

Retained earnings

1,062,104

1,013,418

1,062,204

1,013,518

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

The members have not required the company to obtain an audit of its financial statements for the period ended 31st 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 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 4th June 2026 and were signed by:

R J Clark - Director

1.	STATUTORY INFORMATION

Premier Sports Solutions 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.

Fixtures and fittings

-

25% on reducing balance

Motor vehicles

-

20% on cost

Computer equipment

-

33% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the period comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 period 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.

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 period was 11 (2024 - 11 ) .

4.	TANGIBLE FIXED ASSETS

Improvements

Fixtures

to

and

Motor

Computer

property

fittings

vehicles

equipment

Totals

£

COST

At 1st August 2024

-

154,096

633,196

6,029

793,321

Additions

65,895

3,288

21,050

-

90,233

Disposals

-

(573,417

)

-

(573,417

)

At 31st January 2026

65,895

157,384

80,829

6,029

310,137

DEPRECIATION

At 1st August 2024

-

108,215

137,828

5,239

251,282

Charge for period

-

11,917

79,899

263

92,079

Eliminated on disposal

-

(168,217

)

-

(168,217

)

At 31st January 2026

-

120,132

49,510

5,502

175,144

NET BOOK VALUE

At 31st January 2026

65,895

37,252

31,319

527

134,993

At 31st July 2024

-

45,881

495,368

790

542,039

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2024

£

Trade debtors

106,860

-

Other debtors

1,506,060

579,029

1,612,920

579,029

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2024

£

Bank loans and overdrafts

32,515

31,818

Hire purchase contracts

21,050

-

Trade creditors

518,142

-

Taxation and social security

86,357

141,648

Other creditors

974,351

219,722

1,632,415

393,188

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

2026

2024

£

Bank loans

67,998

352,317

8.	SECURED DEBTS

The following secured debts are included within creditors:

2026

2024

£

Bank loans

91,393

-