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COMPANY REGISTRATION NUMBER: 04344576

World Sport Fishing Limited

Filleted Unaudited Financial Statements

31 December 2025

World Sport Fishing Limited

Statement of Financial Position

31 December 2025

| 2025 | 2024
Note | £ | £

Fixed assets

Tangible assets | 5 | 12,818 | 17,188

Current assets

Stocks | 42,000 | 38,000
Debtors | 6 | 126,056 | 105,200
Cash at bank and in hand | 125,175 | 84,687
| --------- | ---------
| 293,231 | 227,887

Creditors: amounts falling due within one year | 7 | 193,106 | 155,589
| --------- | ---------
Net current assets | 100,125 | 72,298
| --------- | --------
Total assets less current liabilities | 112,943 | 89,486

Creditors: amounts falling due after more than one year | 8 | 30,000 | 30,000
| --------- | --------
Net assets | 82,943 | 59,486
| --------- | --------

Capital and reserves

Called up share capital | 10 | 10
Profit and loss account | 82,933 | 59,476
| -------- | --------
Shareholders funds | 82,943 | 59,486
| -------- | --------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
For the year ending 31 December 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
- The 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

World Sport Fishing Limited

Statement of Financial Position (continued)

31 December 2025
These financial statements were approved by the board of directors and authorised for issue on 3 July 2026 , and are signed on behalf of the board by:

Mr R J Sheard |
Director |

Company registration number: 04344576

World Sport Fishing Limited

Notes to the Financial Statements

Year ended 31 December 2025
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Tythe Farm, Staploe Road, Wyboston, Bedford, Bedfordshire, MK44 3AT.
2. Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of discounts and of Value Added Tax.
Deferred taxation
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively.
Foreign currencies
Foreign currency transactions are initially recorded in the functional currency, by applying the spot exchange rate as at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are translated at the exchange rate ruling at the reporting date, with any gains or losses being taken to the profit and loss account.
Tangible assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

| Plant and machinery | - | at varying rates on a straight line basis
| Fixtures and fittings | - | 30% straight line
| Motor vehicles | - | 25% reducing balance

Stocks
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition.
Financial instruments
A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.
4. Employee numbers
The average number of persons employed by the company during the year amounted to 1 (2024: 1 ).
5. Tangible assets

| Plant and machinery | Fixtures and fittings | Motor vehicles | Total
| £ | £ | £ | £
Cost |  |  |  |
At 1 January 2025 and 31 December 2025 | 87,620 | 6,749 | 19,700 | 114,069
| -------- | ------- | -------- | ---------
Depreciation |  |  |  |
At 1 January 2025 | 86,228 | 6,603 | 4,050 | 96,881
Charge for the year | 418 | 39 | 3,913 | 4,370
| -------- | ------- | -------- | ---------
At 31 December 2025 | 86,646 | 6,642 | 7,963 | 101,251
| -------- | ------- | -------- | ---------
Carrying amount |  |  |  |
At 31 December 2025 | 974 | 107 | 11,737 | 12,818
| -------- | ------- | -------- | ---------
At 31 December 2024 | 1,392 | 146 | 15,650 | 17,188
| -------- | ------- | -------- | ---------

6. Debtors

| 2025 | 2024
| £ | £
Trade debtors | 42,479 | 41,524
Other debtors | 83,577 | 63,676
| --------- | ---------
| 126,056 | 105,200
| --------- | ---------

7. Creditors: amounts falling due within one year

| 2025 | 2024
| £ | £
Trade creditors | 217 | 4,261
Corporation tax | 7,283 | –
Social security and other taxes | – | 95
Other creditors | – | 4,558
Other creditors | 185,606 | 146,675
| --------- | ---------
| 193,106 | 155,589
| --------- | ---------

8. Creditors: amounts falling due after more than one year

| 2025 | 2024
| £ | £
Bank loans and overdrafts | 30,000 | 30,000
| -------- | --------