Young Guns Sports Limited 31/12/2025 iXBRL

Company registration number: 10553084

Young Guns Sports Limited

Unaudited filleted financial statements

31 December 2025

Young Guns Sports Limited

Contents

Directors and other information

Accountants report

Statement of financial position

Notes to the financial statements

Young Guns Sports Limited

Directors and other information


	Directors	Mr. S. E. T. Bramah
		Mr. R. P. Noble


	Company number	10553084


	Registered office	Ireland Industrial Estate
		Adelphi Way
		Chesterfield
		Derbyshire
		S43 3LS


	Business address	Ireland Industrial Estate
		Adelphi Way
		Chesterfield
		Derbyshire
		S43 3LS


	Accountants	Henry Bramall & Co Limited
		Unit 8, Acorn Business Park
		Woodseats Close
		Sheffield
		S8 0TB




	Bankers	NatWest Bank
		5 Market Place
		Chesterfield
		S40 1TJ

Young Guns Sports Limited

Report to the board of directors on the preparation of the

unaudited statutory financial statements of Young Guns Sports Limited

Year ended 31 December 2025

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Young Guns Sports Limited for the year ended 31 December 2025 which comprise the statement of financial position and related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants , we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/en/member/ professional-standards/ rules-standards/acca-rulebook.html.

This report is made solely to the board of directors of Young Guns Sports Limited, as a body, in accordance with the terms of our engagement letter dated 5 May 2022. Our work has been undertaken solely to prepare for your approval the financial statements of Young Guns Sports Limited and state those matters that we have agreed to state to the board of directors of Young Guns Sports Limited as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at https://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/tf-163-jan-24.pdf. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Young Guns Sports Limited and its board of directors as a body for our work or for this report.

It is your duty to ensure that Young Guns Sports Limited 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 loss of Young Guns Sports Limited. You consider that Young Guns Sports Limited 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 Young Guns Sports Limited. 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 financial statements.

Henry Bramall & Co Limited

Chartered Certified Accountants

Unit 8, Acorn Business Park

Woodseats Close

Sheffield

S8 0TB

23 July 2026

Young Guns Sports Limited

Statement of financial position

31 December 2025

		2025		2024
	Note	£	£	£	£

Fixed assets
Tangible assets	5	35		290
		_______		_______
			35		290

Current assets
Debtors	6	190		93
Cash at bank and in hand		13,803		14,385
		_______		_______
		13,993		14,478
Creditors: amounts falling due
within one year	7	( 2,122)		( 2,122)
		_______		_______
Net current assets			11,871		12,356
			_______		_______
Total assets less current liabilities			11,906		12,646

			_______		_______
Net assets			11,906		12,646
			_______		_______

Capital and reserves
Called up share capital			1,300		1,300
Profit and loss account			10,606		11,346
			_______		_______
Shareholders funds			11,906		12,646
			_______		_______

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.

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.

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 income statement has not been delivered.

These financial statements were approved by the board of directors and authorised for issue on 23 July 2026 , and are signed on behalf of the board by:

Mr. R. P. Noble

Director

Company registration number: 10553084

Young Guns Sports 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 Ireland Industrial Estate, Adelphi Way, Chesterfield, Derbyshire, S43 3LS.

2. Statement of compliance

These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and 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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax.

Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Taxation

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in the statement of comprehensive income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. In this case, tax is recognised in other comprehensive income or directly in capital and reserves, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

Tangible assets

tangible assets are initially recorded at cost, and are 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 capital and reserves, 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 capital and reserves in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in capital and reserves 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:


Fittings fixtures and equipment	-	25 %	straight line

If there is an indication that there has been a significant change in depreciation rate, useful life or residual value of tangible assets, the depreciation is revised prospectively to reflect the new estimates.

Impairment

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. 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 are largely independent of the cash inflows from other assets or groups of assets.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 2 (2024: 2 ).

The two employees refer to the directors.

5. Tangible assets

	Fixtures, fittings and equipment	Total
	£	£
Cost
At 1 January 2025 and 31 December 2025	1,055	1,055
	_______	_______
Depreciation
At 1 January 2025	765	765
Charge for the year	255	255
	_______	_______
At 31 December 2025	1,020	1,020
	_______	_______
Carrying amount
At 31 December 2025	35	35
	_______	_______
At 31 December 2024	290	290
	_______	_______

6. Debtors

	2025	2024
	£	£
Amounts owed by group undertakings and undertakings in which the company has a participating interest	190	93
	_______	_______

7. Creditors: amounts falling due within one year

	2025	2024
	£	£
Corporation tax	1,732	1,732
Other creditors	390	390
	_______	_______
	2,122	2,122
	_______	_______

8. Controlling party

This company is a 76% owned subsidairy of Specialised Canvas Partners Limited, a company registered in England and Wales. which is the ultimate parent.