SPORTY KIDS LIMITED


Director	COHEN, Ian Adam


Registered Address	72 Spiersbridge Road
	Thornliebank
	Glasgow
	G46 7SN


Registered Number	SC299225 (Scotland)

Statement of Financial Position
30 September 2025

	Notes	2025		2024
		£	£	£	£
Fixed assets
Tangible assets	3		11,698		13,487
			11,698		13,487
Current assets
Debtors	4	453,691		452,084
Cash at bank and on hand		110,655		64,358
		564,346		516,442
Creditors amounts falling due within one year	5	(53,435)		(54,202)
Net current assets (liabilities)			510,911		462,240
Total assets less current liabilities			522,609		475,727
Creditors amounts falling due after one year	6		(1,458)		(11,667)
Provisions for liabilities			(2,157)		(2,430)
Net assets			518,994		461,630
Capital and reserves
Called up share capital			2		2
Profit and loss account			518,992		461,628
Shareholders' funds			518,994		461,630

The company was entitled to exemption from audit for this reporting period 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 Director acknowledges 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 in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Director on 2 June 2026, and are signed on its behalf by:

COHEN, Ian Adam
Director
Registered Company No. SC299225

SPORTY KIDS LIMITED

Notes to the Financial Statements
for the year ended 30 September 2025

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in Scotland. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.

	Basis of preparation
	The financial statements have been prepared under the historical cost convention on a going concern basis unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

	Deferred tax
	Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

Deferred tax

Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. 

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Tangible fixed assets and depreciation
	Tangible fixed assets are stated at cost or valuation less depreciation. The assets residual values, useful lives and depreciation methods are reviewed and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date. Gains and losses on disposal are determined by comparing the proceeds with the carrying amount and are recognised in the Income Statement Depreciation is provided on all tangible fixed assets as follows:

Tangible fixed assets and depreciation

Tangible fixed assets are stated at cost or valuation less depreciation. 

The assets residual values, useful lives and depreciation methods are reviewed and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposal are determined by comparing the proceeds with the carrying amount and are recognised in the Income Statement

Depreciation is provided on all tangible fixed assets as follows:


		Reducing balance (%)
	Plant and machinery	25
	Fixtures and fittings	25
	Office Equipment	10

	Financial instruments
	The company enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like other debtors and creditors, loans from banks and loans to related parties.

	Government grants or assistance
	Grants of a revenue nature are recognised in the Income Statement in the same period as the related expenditure.

2.	Average number of employees


		2025		2024
	Average number of employees during the year	20		18

3.	Tangible fixed assets

	Plant & machinery	Fixtures & fittings	Office Equipment	Total
	£	£	£	£
Cost or valuation
At 01 October 24	96,101	30,703	5,843	132,647
Additions	-	-	1,287	1,287
At 30 September 25	96,101	30,703	7,130	133,934
Depreciation and impairment
At 01 October 24	95,068	20,442	3,650	119,160
Charge for year	258	2,564	254	3,076
At 30 September 25	95,326	23,006	3,904	122,236
Net book value
At 30 September 25	775	7,697	3,226	11,698
At 30 September 24	1,033	10,261	2,193	13,487

4.	Debtors: amounts due within one year

	2025	2024
	£	£
Amounts owed by associates and joint ventures / participating interests	278,275	280,174
Other debtors	175,416	171,910
Total	453,691	452,084

5.	Creditors: amounts due within one year

	2025	2024
	£	£
Bank borrowings and overdrafts	10,000	10,000
Taxation and social security	41,356	42,046
Other creditors	2,079	2,156
Total	53,435	54,202

6.	Creditors: amounts due after one year

	2025	2024
	£	£
Bank borrowings and overdrafts	1,458	11,667
Total	1,458	11,667

7.	Directors advances, credits and guarantees

	Brought forward	Amount advanced	Amount repaid	Carried forward
	£	£	£	£
COHEN, Ian Adam	126,839	2,536	0	129,375
	126,839	2,536	0	129,375


	This loan is unsecured, interest is being charged at the official rate, and has no fixed repayment terms.