Registration number: 03104369

B.G. Sports International Ltd

Contents

Balance Sheet	1 to 2
Notes to the Unaudited Financial Statements	3 to 8

B.G. Sports International Ltd

(Registration number: 03104369)
Balance Sheet as at 30 September 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	4	460,088	464,338
Current assets
Stocks	5	599,000	636,911
Debtors	6	804,438	633,453
Cash at bank and in hand		3,816,111	3,871,360
		5,219,549	5,141,724
Creditors: Amounts falling due within one year	7	(466,106)	(522,356)
Net current assets		4,753,443	4,619,368
Total assets less current liabilities		5,213,531	5,083,706
Provisions for liabilities		(137,319)	(49,920)
Net assets		5,076,212	5,033,786
Capital and reserves
Called up share capital		108	108
Revaluation reserve		182,338	250,051
Retained earnings		4,893,766	4,783,627
Shareholders' funds		5,076,212	5,033,786

For the financial year ending 30 September 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

B.G. Sports International Ltd

(Registration number: 03104369)
Balance Sheet as at 30 September 2025

Directors' responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 28 April 2026 and signed on its behalf by:
 

......................................... Mrs S J Bell Company secretary and director

B.G. Sports International Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2025

1	General information

The company is a private company limited by share capital, incorporated in England.

The address of its registered office is:
Walton Street Works
Walton Street
Colne
Lancashire
BB8 0EA
England

These financial statements were authorised for issue by the Board on 28 April 2026.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared in sterling (£) using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Foreign currency transactions and balances

Transactions in foreign currencies are initially recorded at the functional currency rate prevailing at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are retranslated into the respective functional currency of the entity at the rates prevailing on the reporting period date. Non-monetary items carried at fair value that are denominated in foreign currencies are retranslated at the rate on the date when the fair value is re-measured.

Non-monetary items measured in terms of historical cost in a foreign currency are not retranslated.

B.G. Sports International Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2025

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when 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.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.

The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

B.G. Sports International Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2025

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 12 (2024 - 15).

B.G. Sports International Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2025

4	Tangible assets

	Land and buildings £	Furniture, fittings and equipment  £	Total £
Cost or valuation
At 1 October 2024	500,000	160,415	660,415
Additions	-	18,093	18,093
At 30 September 2025	500,000	178,508	678,508
Depreciation
At 1 October 2024	80,000	116,077	196,077
Charge for the year	10,000	12,343	22,343
At 30 September 2025	90,000	128,420	218,420
Carrying amount
At 30 September 2025	410,000	50,088	460,088
At 30 September 2024	420,000	44,338	464,338

Included within the net book value of land and buildings above is £410,000 (2024 - £420,000) in respect of freehold land and buildings.
 

5

Stocks

	2025 £	2024 £
Other inventories	599,000	636,911

6

Debtors

Current	Note	2025 £	2024 £
Trade debtors		383,860	443,521
Amounts owed by related parties	9	250,000	120,000
Prepayments		59,873	69,932
Other debtors		110,705	-
		804,438	633,453

B.G. Sports International Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2025

7

Creditors

Creditors: amounts falling due within one year

	2025 £	2024 £
Due within one year
Trade creditors	202,813	222,066
Taxation and social security	98,334	101,856
Accruals and deferred income	4,550	37,953
Other creditors	160,409	160,481
	466,106	522,356

8

Reserves

The changes to each component of equity resulting from items of other comprehensive income for the current year were as follows:

	Revaluation reserve £	Retained earnings £	Total £
Surplus/deficit on property, plant and equipment revaluation	(67,713)	5,888	(61,825)

The changes to each component of equity resulting from items of other comprehensive income for the prior year were as follows:

	Revaluation reserve £	Retained earnings £
Surplus/deficit on property, plant and equipment revaluation	(5,888)	5,888

9	Related party transactions

Transactions with directors

2025	At 1 October 2024 £	Advances to director £	At 30 September 2025 £
Mrs S J Bell
The loan is interest free and repayable on demand	-	100,000	100,000

Summary of transactions with associates

B.G. Sports International Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2025

At the balance sheet date, the company has an outstanding loan balance with R & A Components Ltd, a company controlled by one of the directors.

The balance is unsecured, interest free and repayable on demand.

Transactions between the companies were conducted on terms equivalent to those in arm's length transactions.

Income and receivables from related parties

2025	Associates £
Sale of goods	120

2024	Associates £
Sale of goods	1,568

Expenditure with and payables to related parties

2025	Associates £
Purchase of goods	246,360

2024	Associates £
Purchase of goods	235,518

Loans from related parties

2025	Associates £	Total £
At start of period	120,000	120,000
Advanced	150,000	150,000
At end of period	270,000	270,000

2024	Associates £	Total £
At start of period	120,000	120,000
At end of period	120,000	120,000