Warren Sporting and Leisure Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 13935376

Warren Sporting and Leisure Limited

Filleted Unaudited Financial Statements

28 February 2026

Warren Sporting and Leisure Limited

Statement of Financial Position

28 February 2026

	2026		2025
Note	£	£	£

Fixed assets

Tangible assets	4		7,456	5,048

Current assets

Debtors	5	834	688
Cash at bank and in hand		5,436	1,574
		-------	-------
		6,270	2,262

Creditors: amounts falling due within one year	6	28,473		19,345
		--------		--------
Net current liabilities			22,203	17,083
			--------	--------
Total assets less current liabilities			( 14,747)	( 12,035)
			--------	--------
Net liabilities			( 14,747)	( 12,035)
			--------	--------

Capital and reserves

Called up share capital	100	100
Profit and loss account	( 14,847)	( 12,135)
	--------	--------
Shareholders deficit	( 14,747)	( 12,035)
	--------	--------

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 28 February 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

Warren Sporting and Leisure Limited

Statement of Financial Position (continued)

28 February 2026

These financial statements were approved by the board of directors and authorised for issue on 26 June 2026 , and are signed on behalf of the board by:

Mr J Allaway

Director

Company registration number: 13935376

Warren Sporting and Leisure Limited

Notes to the Financial Statements

Year ended 28 February 2026

1. General information

The company is a private company limited by shares, registered in England. The address of the registered office is Lyndhurst, 1 Cranmer Street, Long Eaton, Nottingham, NG10 1NJ.

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. The financial statements are prepared in sterling, which is the functional currency of the entity.

Going concern

In accordance with their responsibilities the directors have considered the appropriateness of the going concern basis for the preparation of the financial statements. In forming their view, they have considered a period of at least 12 months from the date of approval of the financial statements. The company incurred a loss for the year ended 28 February 2026 and had a deficiency of assets as at that date. In order to continue in operational existence as a going concern and meet its liabilities as they fall due, the company depends on funding from its directors. This funding has been agreed and the directors have confirmed they will not seek repayment of the interest free loans until such time as cash flow permits. The directors have prepared projected cash flow information for the forthcoming year and are satisfied that the company will be able to meet its obligations. In considering the longer term, the directors forecast that the company will become profitable. Profitability is dependent upon a number of factors both within and out of the company's control but the directors will always seek to increase income whilst reducing costs. Accordingly, the directors consider it appropriate to prepare the financial statements on a going concern basis. Should the assumptions above prove to be invalid, the going concern basis may be invalid and accordingly adjustments may have to be made to reduce the value of the assets to their realisable amounts, to provide for any further liabilities which might arise and to reclassify all fixed assets and long term liabilities as current assets and liabilities respectively.

Revenue recognition

Turnover represents the total invoice value of fees received during the year.

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:

Fixtures, fittings & equipment	-	15% straight line
Motor vehicles	-	25% straight line

Impairment of fixed assets

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets.

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. Debt instruments are subsequently measured at amortised cost.

4. Tangible assets

	Fixtures, fittings & equipment	Motor vehicles	Total
	£	£	£
Cost
At 1 March 2025	3,968	4,500	8,468
Additions	1,144	4,000	5,144
	-------	-------	--------
At 28 February 2026	5,112	8,500	13,612
	-------	-------	--------
Depreciation
At 1 March 2025	1,378	2,042	3,420
Charge for the year	611	2,125	2,736
	-------	-------	--------
At 28 February 2026	1,989	4,167	6,156
	-------	-------	--------
Carrying amount
At 28 February 2026	3,123	4,333	7,456
	-------	-------	--------
At 28 February 2025	2,590	2,458	5,048
	-------	-------	--------

5. Debtors

	2026	2025
	£	£
Other debtors	834	688
	----	----

6. Creditors: amounts falling due within one year

	2026	2025
	£	£
Other creditors	28,473	19,345
	--------	--------

7. Directors' advances, credits and guarantees

Directors' loans are interest free and repayable on demand. At the year end, the total amount owed to directors was £26,433 (2025 : £17,305).