Company registration number 10039062 (England and Wales)
VANJAM SPORTS MANAGEMENT LTD
ANNUAL REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2026
VANJAM SPORTS MANAGEMENT LTD
COMPANY INFORMATION
Directors
Mr J P Lippett
Mrs V M Lippett
Company number
10039062
Registered office
31 Northampton Road
Croydon
Surrey
CR0 7HD
Accountants
UHY Hacker Young
Bradbury House
Mission Court
Newport
Gwent
United Kingdom
NP20 2DW
VANJAM SPORTS MANAGEMENT LTD
CONTENTS
Page
Directors' report
1
Accountants' report
2
Statement of income and retained earnings
3
Balance sheet
4
Notes to the financial statements
5 - 8
VANJAM SPORTS MANAGEMENT LTD
DIRECTORS' REPORT
FOR THE YEAR ENDED 31 MARCH 2026
- 1 -

The directors present their annual report and financial statements for the year ended 31 March 2026.

Principal activities

The principal activity of the company continued to be that of sporting activities.

Directors

The directors who held office during the year and up to the date of signature of the financial statements were as follows:

Mr J P Lippett
Mrs V M Lippett
Small companies exemption

This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies exemption.

On behalf of the board
Mr J P Lippett
Director
24 June 2026
VANJAM SPORTS MANAGEMENT LTD
ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF VANJAM SPORTS MANAGEMENT LTD FOR THE YEAR ENDED 31 MARCH 2026
- 2 -

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Vanjam Sports Management Ltd for the year ended 31 March 2026 which comprise the statement of income and retained earnings, the balance sheet and the related notes from the company’s accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at https://www.icaew.com/regulation.

This report is made solely to the Board of Directors of Vanjam Sports Management Ltd, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the financial statements of Vanjam Sports Management Ltd and state those matters that we have agreed to state to the Board of Directors of Vanjam Sports Management Ltd, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Vanjam Sports Management Ltd and its Board of Directors as a body, for our work or for this report.

It is your duty to ensure that Vanjam Sports Management Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Vanjam Sports Management Ltd. You consider that Vanjam Sports Management Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Vanjam Sports Management Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory f inancial statements.

UHY Hacker Young
Chartered Accountants
Bradbury House
Mission Court
Newport
Gwent
NP20 2DW
United Kingdom
24 June 2026
VANJAM SPORTS MANAGEMENT LTD
STATEMENT OF INCOME AND RETAINED EARNINGS
FOR THE YEAR ENDED 31 MARCH 2026
- 3 -
2026
2025
£
£
Turnover
803,676
832,564
Cost of sales
(129,750)
(104,516)
Gross profit
673,926
728,048
Administrative expenses
(431,719)
(286,538)
Operating profit
242,207
441,510
Interest receivable and similar income
2,526
2,805
Interest payable and similar expenses
(139)
(106)
Profit before taxation
244,594
444,209
Tax on profit
(69,395)
(120,554)
Profit for the financial year
175,199
323,655
Retained earnings brought forward
320,733
192,078
Dividends
(210,395)
(195,000)
Retained earnings carried forward
285,537
320,733
VANJAM SPORTS MANAGEMENT LTD
BALANCE SHEET
AS AT
31 MARCH 2026
31 March 2026
- 4 -
2026
2025
Notes
£
£
£
£
Fixed assets
Tangible assets
3
124,886
134,913
Current assets
Debtors
4
74,189
69,472
Investments
5
10,029
-
0
Cash at bank and in hand
283,590
371,869
367,808
441,341
Creditors: amounts falling due within one year
6
(115,189)
(144,574)
Net current assets
252,619
296,767
Total assets less current liabilities
377,505
431,680
Creditors: amounts falling due after more than one year
7
(64,880)
(82,281)
Provisions for liabilities
(26,988)
(28,566)
Net assets
285,637
320,833
Capital and reserves
Called up share capital
8
100
100
Profit and loss reserves
285,537
320,733
Total equity
285,637
320,833

For the financial year ended 31 March 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

T he 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 Companies Act 2006 with respect to accounting records and the preparation of financial statements.

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the board of directors and authorised for issue on 24 June 2026 and are signed on its behalf by:
Mr J P Lippett
Director
Company registration number 10039062 (England and Wales)
VANJAM SPORTS MANAGEMENT LTD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2026
- 5 -
1
Accounting policies
Company information

Vanjam Sports Management Ltd is a private company limited by shares incorporated in England and Wales. The registered office is 31 Northampton Road, Croydon, Surrey, CR0 7HD.

1.1
Basis of preparation

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary a mounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.2
Revenue

Turnover is recognised as earned when, and to the extent that, the company obtains the right to consideration in exchange for promotional services provided. Turnover represents the value of goods and services provided in the normal course of business excluding VAT.

1.3
Tangible fixed assets

Tangible fixed assets are initially measured at cost, net of depreciation.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Sports equipment
25% on cost
Computers
20% on cost
Motor vehicles
10% on cost
Office equipment
20% on cost

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

1.4
Financial instruments

The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.

VANJAM SPORTS MANAGEMENT LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2026
1
Accounting policies
(Continued)
- 6 -
1.5
Taxation

The tax expense represents the sum of the tax currently payable and deferred tax.

Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

Deferred tax

Deferred tax liabilities are generally recognised for all timing differences and deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Such assets and liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit.

Deferred tax is calculated at the tax rates that are expected to apply in the period when the liability is settled or the asset is realised. Deferred tax is charged or credited in the profit and loss account, except when it relates to items charged or credited directly to equity, in which case the deferred tax is also dealt with in equity. Deferred tax assets and liabilities are offset when the company has a legally enforceable right to offset current tax assets and liabilities and the deferred tax assets and liabilities relate to taxes levied by the same tax authority.

The carrying amount of deferred tax assets is reviewed at each reporting end date and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered. Deferred tax is calculated at the tax rates that are expected to apply in the period when the liability is settled or the asset is realised. Deferred tax is charged or credited in the profit and loss account, except when it relates to items charged or credited directly to equity, in which case the deferred tax is also dealt with in equity. Deferred tax assets and liabilities are offset when the company has a legally enforceable right to offset current tax assets and liabilities and the deferred tax assets and liabilities relate to taxes levied by the same tax authority.

1.6
Retirement benefits

Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

1.7
Leases
As lessee

Leases are classified as finance leases whenever the terms of the lease transfer substantially all the risks and rewards of ownership to the lessees. All other leases are classified as operating leases.

Assets held under finance leases are recognised as assets at the lower of the assets fair value at the date of inception and the present value of the minimum lease payments. The related liability is included in the balance sheet as a finance lease obligation. Lease payments are treated as consisting of capital and interest elements. The interest is charged to profit or loss so as to produce a constant periodic rate of interest on the remaining balance of the liability.

VANJAM SPORTS MANAGEMENT LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2026
- 7 -
2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2026
2025
Number
Number
Total
2
2
3
Tangible fixed assets
Sports equipment
Computers
Motor vehicles
Office equipment
Total
£
£
£
£
£
Cost
At 1 April 2025
4,248
9,382
135,184
315
149,129
Additions
-
0
6,277
-
0
-
0
6,277
At 31 March 2026
4,248
15,659
135,184
315
155,406
Depreciation and impairment
At 1 April 2025
885
5,825
7,333
173
14,216
Depreciation charged in the year
1,062
1,660
13,519
63
16,304
At 31 March 2026
1,947
7,485
20,852
236
30,520
Carrying amount
At 31 March 2026
2,301
8,174
114,332
79
124,886
At 31 March 2025
3,363
3,557
127,851
142
134,913
4
Debtors
2026
2025
Amounts falling due within one year:
£
£
Trade debtors
14,812
13,800
Other debtors
59,377
55,672
74,189
69,472
5
Current asset investments
2026
2025
£
£
Other investments
10,029
-
0
VANJAM SPORTS MANAGEMENT LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2026
- 8 -
6
Creditors: amounts falling due within one year
2026
2025
£
£
Trade creditors
155
326
Corporation tax
70,972
91,988
Other taxation and social security
22,191
30,004
Other creditors
21,871
22,256
115,189
144,574

Included in creditors above is an an amount of £17,402 (2025: £17,402) secured over the assets to which they relate.

7
Creditors: amounts falling due after more than one year
2026
2025
£
£
Other creditors
64,880
82,281

Included in creditors above is an an amount of £64,880 (2025: £82,281) secured over the assets to which they relate.

8
Called up share capital
2026
2025
2026
2025
Ordinary share capital
Number
Number
£
£
Issued and fully paid
Ordinary of £1 each
50
50
50
50
Ordinary A of £1 each
50
50
50
50
100
100
100
100
9
Directors' transactions

Dividends totalling £210,395 (2025 - £195,000) were paid in the year in respect of shares held by the company's directors.

Advances
% Rate
Opening balance
Amounts advanced
Interest charged
Amounts repaid
Closing balance
£
£
£
£
£
Directors Loan
-
42,935
225,825
1,031
(223,552)
46,239
42,935
225,825
1,031
(223,552)
46,239
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