PRICE STREET SPORTS LOUNGE LTD

PRICE STREET SPORTS LOUNGE LTD

Statement of Financial Position

As at 31 July 2025

	£	2025 £	£	2024 £
Fixed assets		54,202		28,791
Current assets	18,733		31,813
Creditors: amount falling due within one year	(47,710)		(12,323)
Net current assets/(liabilities)		(28,977)		19,490
Total assets less current liabilities		25,225		48,281
Creditors: amount falling due after more than one year		-		(22,008)
Net assets/(liabilities)		25,225		26,273


Capital and reserves		25,225		26,273

For the year ended 31 July 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

The accounts have been prepared in accordance with the micro-entity provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

Signed on behalf of the board of directors:

---------------------------------------------

Stephen Michael Clark
Director

Date approved: 21 June 2026

PRICE STREET SPORTS LOUNGE LTD

Notes to the Accounts

For the year ended 31 Jul 2025

Statutory Information

Price Street Sports Lounge Ltd is a private limited company, limited by shares, domiciled in England and Wales, registration number 12777962, registration address Unit 21 Price Street Business Center, Price Street, Birkenhead, CH41 4JQ, United Kingdom.

The presentation currency is £ sterling.

Accounting Policies

Basis of accounting

The financial statements are prepared under the historical cost convention and in accordance with the FRS 105 Financial Reporting Standard for Micro Entities (effective January 2016).

Tangible fixed assets

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Tangible fixed assets

Cost or Valuation	Plant and Machinery	Fixtures and Fittings	Computer Equipment	Land and Buildings
	£	£	£	£
At 01 August 2024	12,216	4,024	13,119	22
Additions	791	18,593	930	18,648
At 31 July 2025	13,007	22,617	14,049	18,670
Depreciation
At 01 August 2024	809	-	45	-
Charge for year	2,440	4,523	2,801	3,734
At 31 July 2025	3,249	4,523	2,846	3,734
Net book values
Closing balance as at 31 July 2025	9,758	18,094	11,203	14,936
Opening balance as at 01 August 2024	11,407	4,024	13,074	22

Cost or Valuation	Office Equipment	Total
	£	£
At 01 August 2024	1,058	30,439
Additions	-	38,962
At 31 July 2025	1,058	69,401
Depreciation
At 01 August 2024	794	1,648
Charge for year	53	13,551
At 31 July 2025	847	15,199
Net book values
Closing balance as at 31 July 2025	211	54,202
Opening balance as at 01 August 2024	264	28,791

The net book value of Land and Buildings includes £14,936 (2024 £22) in respect of assets leased under finance leases or hire purchase contracts.

3.	Average number of employees Average number of employees during the year was 1 (2024: 1).