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Company Registration No. 05818101 (England and Wales)
HITSSPORTS LIMITED Unaudited accounts for the year ended 31 October 2025
HITSSPORTS LIMITED Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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HITSSPORTS LIMITED Company Information for the year ended 31 October 2025
Director
Matthew Howeson
Company Number
05818101 (England and Wales)
Registered Office
2ND FLOOR 277-279 BETHNAL GREEN ROAD LONDON E2 6AH ENGLAND
Accountants
Capital Accounting Solutions 277-279 Bethnal Green Road London E2 6AH
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HITSSPORTS LIMITED Statement of financial position as at 31 October 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
186
186
Current assets
Debtors
2,100
2,100
Cash at bank and in hand
27,922
27,922
30,022
30,022
Creditors: amounts falling due within one year
(25,921)
(25,921)
Net current assets
4,101
4,101
Net assets
4,287
4,287
Capital and reserves
Called up share capital
2
2
Profit and loss account
4,285
4,285
Shareholders' funds
4,287
4,287
For the year ending 31 October 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 in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 20 July 2026 and were signed on its behalf by
Matthew Howeson Director Company Registration No. 05818101
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HITSSPORTS LIMITED Notes to the Accounts for the year ended 31 October 2025
1
Statutory information
HITSSPORTS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 05818101. The registered office is 2ND FLOOR, 277-279 BETHNAL GREEN ROAD, LONDON, E2 6AH, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% Straight Line
4
Tangible fixed assets
Total
£
Cost or valuation
At 1 November 2024
7,004
At 31 October 2025
7,004
Depreciation
At 1 November 2024
6,818
At 31 October 2025
6,818
Net book value
At 31 October 2025
186
At 31 October 2024
186
5
Average number of employees
During the year the average number of employees was 1 (2024: 1).
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