Finders-Keepers Sports and Marketing Limited

Contents

Company Information	1
Balance Sheet	2 to 3
Notes to the Unaudited Financial Statements	4 to 9

Finders-Keepers Sports and Marketing Limited

Company Information

Directors

G Zerial A Brassington R Brassington

Registered Office

Suite 5 Corum 2 Corum Office Park Crown Way Warmley Bristol BS30 8FJ

Registered Number

05942053

Accountants

Verinder Powell Associates Limited Suite 5 Corum 2 Corum Office Park Crown Way Warmley Bristol BS30 8FJ

Finders-Keepers Sports and Marketing Limited

(Registration number: 05942053)
Balance Sheet as at 31 October 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	5	2,931	3,663
Current assets
Stocks		29,188	2,674
Debtors	6	668,075	725,483
Cash at bank and in hand		231,230	310,193
		928,493	1,038,350
Creditors: Amounts falling due within one year	7	(546,837)	(638,802)
Net current assets		381,656	399,548
Total assets less current liabilities		384,587	403,211
Provisions for liabilities		(733)	(1,080)
Net assets		383,854	402,131
Capital and reserves
Called up share capital		100	100
Retained earnings		383,754	402,031
Shareholders' funds		383,854	402,131

Finders-Keepers Sports and Marketing Limited

(Registration number: 05942053)
Balance Sheet as at 31 October 2025

For the financial 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.

Directors' responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 16 July 2026 and signed on its behalf by:
 

......................................... R Brassington Director

Finders-Keepers Sports and Marketing Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 October 2025

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Suite 5 Corum 2
Corum Office Park
Crown Way
Warmley
Bristol
BS30 8FJ

These financial statements were authorised for issue by the Board on 16 July 2026.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime). There have been no material departures from the Financial Reporting Standard 102 1A.

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value. The financial statements are prepared in Pounds Sterling (£), and are rounded to the nearest pound.

Turnover

Turnover represents amounts receivable for goods and services net of VAT and trade discounts. Turnover is recognised in the profit and loss account only when the company has met its contractual obligations and therefore earned the right to consideration upon the transfer of tickets.

Turnover in respect of tickets for sporting events is recognised upon the transfer of the tickets. Turnover in respect of sports dinners hosted by the company is recognised as the service is provided.

Tax

The tax expense for the period comprises current and deferred tax. 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.

The current tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Finders-Keepers Sports and Marketing Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 October 2025

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life:

Asset class	Depreciation method and rate
Plant and machinery	- 20% on reducing balance
Furniture, fittings and equipment	- 20% on reducing balance

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2011, has been fully amortised over its estimated useful life of ten years.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Stocks

Stock is valued at the lower of cost and net realisable value.

Finders-Keepers Sports and Marketing Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 October 2025

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 5 (2024 - 5).

4	Intangible assets

	Goodwill  £	Total £
Cost or valuation
At 1 November 2024	86,450	86,450
At 31 October 2025	86,450	86,450
Amortisation
At 1 November 2024	86,450	86,450
At 31 October 2025	86,450	86,450
Carrying amount
At 31 October 2025	-	-

Finders-Keepers Sports and Marketing Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 October 2025

5	Tangible assets

	Furniture, fittings and equipment £	Plant and machinery £	Total £
Cost or valuation
At 1 November 2024	4,765	11,090	15,855
At 31 October 2025	4,765	11,090	15,855
Depreciation
At 1 November 2024	4,459	7,733	12,192
Charge for the year	61	671	732
At 31 October 2025	4,520	8,404	12,924
Carrying amount
At 31 October 2025	245	2,686	2,931
At 31 October 2024	306	3,357	3,663

6

Debtors

	Note	2025 £	2024 £
Trade debtors		291,959	254,726
Amounts owed by related parties	9	-	3,370
Prepayments and accrued income		375,712	467,387
Other debtors		404	-
		668,075	725,483

7

Creditors

Due within one year	Note	2025 £	2024 £
Trade creditors		100,732	115,050
Amounts owed to related parties	9	2,370	8,368
Taxation and social security		39,355	45,134
Accruals and deferred income		390,812	463,527
Other creditors		13,568	6,723
		546,837	638,802

Finders-Keepers Sports and Marketing Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 October 2025

 

8	Financial commitments, guarantees and contingencies

Off balance sheet commitments

At the reporting end date, the company has outstanding commitments for future minimum lease payments under non-cancellable operating leases totalling £713 (2024 - £1,426).

9	Related party transactions

Loans to related parties

2025	Key management £	Total £
At start of period	3,370	3,370
Repaid	(3,370)	(3,370)
At end of period	-	-

2024	Key management £	Other related parties £	Total £
At start of period	9,783	31,463	41,246
Advanced	4,132	-	4,132
Repaid	(10,545)	(31,463)	(42,008)
At end of period	3,370	-	3,370

Terms of loans to related parties

Loans to key management are repayable on demand and interest is charged on loan balances owing to the company that exceed £10,000 per director. Interest is charged at the HMRC prevailing rate.
 
Loans to other related parties are interest free and repayable on demand.
 

Finders-Keepers Sports and Marketing Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 October 2025

Loans from related parties

2025	Key management £	Total £
At start of period	8,368	8,368
Advanced	65,093	65,093
Repaid	(71,091)	(71,091)
At end of period	2,370	2,370

2024	Key management £	Total £
At start of period	498	498
Advanced	112,511	112,511
Repaid	(104,641)	(104,641)
At end of period	8,368	8,368

Terms of loans from related parties

Loans from key management are interest free and repayable on demand.