Registration number: SC059165

Border Archery Limited

Contents

Company Information	1
Directors' Report	2
Accountants' Report	3
Profit and Loss Account and Statement of Retained Earnings	4
Balance Sheet	5
Notes to the Unaudited Financial Statements	6 to 10
Detailed Profit and Loss Account	11 to 13

Border Archery Limited

Company Information

Directors

Mrs Carol Kirkpatrick Ball Mr Sidney Ball

Registered office

Dunsdale Mill Dunsdale Road Selkirk Scotland TD7 5EB

Accountants

Deans Accountants And Business Advisors Ltd 27 North Bridge Street Hawick Scottish Borders TD9 9BD

Border Archery Limited

Directors' Report for the Year Ended 28 February 2026

The directors present their report and the financial statements for the year ended 28 February 2026.

Directors of the company

The directors who held office during the year were as follows:

Mrs Carol Kirkpatrick Ball

Mr Sidney Ball

Principal activity

The principal activity of the company is the manufacture and retail of sports goods.

Small companies provision statement

This report has been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

Approved and authorised by the Board on 24 July 2026 and signed on its behalf by:
 

......................................... Mr Sidney Ball Director

DEANS

Chartered Accountants

Chartered Accountants' Report to the Board of Directors on the Preparation of the Unaudited Statutory Accounts of
Border Archery Limited for the Year Ended 28 February 2026

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Border Archery Limited for the year ended 28 February 2026 as set out on pages 4 to 10 from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants of Scotland (ICAS), we are subject to its ethical and other professional requirements which are detailed at http://www.icas.com/ethics/icas-code-of-ethics.

This report is made solely to the Board of Directors of Border Archery Limited, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of Border Archery Limited and state those matters that we have agreed to state to the Board of Directors of Border Archery Limited, as a body, in this report in accordance with ICAS guidance (www.icas.com/accountsprep/guidance). To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Border Archery Limited and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that Border Archery Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Border Archery Limited. You consider that Border Archery 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 accounts of Border Archery 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 accounts.

......................................

Deans Accountants And Business Advisors Ltd
27 North Bridge Street
Hawick
Scottish Borders
TD9 9BD

24 July 2026

Border Archery Limited

Profit and Loss Account and Statement of Retained Earnings for the Year Ended 28 February 2026

	Note	2026 £	2025 £
Turnover		370,683	350,763
Cost of sales		(291,058)	(243,345)
Gross profit		79,625	107,418
Administrative expenses		(74,157)	(71,310)
Operating profit		5,468	36,108
Interest payable and similar charges		235	(15,923)
		235	(15,923)
Profit before tax	4	5,703	20,185
Taxation		(1,084)	1,837
Profit for the financial year		4,619	22,022
Retained earnings brought forward		84,047	62,025
Retained earnings carried forward		88,666	84,047

Border Archery Limited

(Registration number: SC059165)
Balance Sheet as at 28 February 2026

	Note	2026 £	2025 £
Fixed assets
Tangible assets	5	27,637	26,715
Current assets
Stocks	6	116,500	110,794
Debtors	7	27,450	22,850
Cash at bank and in hand		28,814	20,560
		172,764	154,204
Creditors: Amounts falling due within one year	8	(97,484)	(82,796)
Net current assets		75,280	71,408
Total assets less current liabilities		102,917	98,123
Provisions for liabilities		(5,251)	(5,076)
Net assets		97,666	93,047
Capital and reserves
Called up share capital	9	9,000	9,000
Retained earnings		88,666	84,047
Shareholders' funds		97,666	93,047

For the financial 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 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 in accordance with the provisions applicable to companies subject to the small companies regime and FRS 102 ‘The Financial Reporting Standard Applicable in the UK and Republic of Ireland’.

Approved and authorised by the Board on 24 July 2026 and signed on its behalf by:
 

......................................... Mr Sidney Ball Director

Border Archery Limited

Notes to the Unaudited Financial Statements for the Year Ended 28 February 2026

1	General information

The company is a private company limited by share capital, incorporated in Scotland.

The address of its registered office is:
Dunsdale Mill
Dunsdale Road
Selkirk
TD7 5EB
Scotland

These financial statements were authorised for issue by the Board on 24 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).

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 accounts are presented in £GBP and are rounded to the nearest £1.

Judgements

Preparation of the financial statements requires management to make significant judgements and estimates. The items in the financial statements where these judgements and estimates have been made included:

Useful economic lives of tangible assets – the annual depreciation charge for tangible assets is sensitive to change in the estimated useful economic lives and residual values of the assets. The useful economic lives and residual values are re-assessed annually. They are amended when necessary to reflect current estimates, based on economic utilisation, and the physical condition of the assets.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

Sale of goods – Retail
Sale of goods are recognised on sale to the customer, which is considered the point of delivery. Retail sales are usually by cash, credit or payment card.

Sale of goods – internet based transactions
The company sells goods via its website for delivery to customers. Revenue is recognised when the risks and rewards of the inventory is passed to the customer. For deliveries to the customer this is the point of acceptance of the goods by the customer. Transactions are settled by credit or payment card.

Foreign currency transactions and balances

Transactions in foreign currencies are initially recorded at the functional currency rate prevailing at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are retranslated into the respective functional currency of the entity at the rates prevailing on the reporting period date. Non-monetary items carried at fair value that are denominated in foreign currencies are retranslated at the rate on the date when the fair value is re-measured.

Non-monetary items measured in terms of historical cost in a foreign currency are not retranslated.

Border Archery Limited

Notes to the Unaudited Financial Statements for the Year Ended 28 February 2026

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income 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.

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 charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Freehold property	10 years straight line
Plant and machinery	25% reducing balance
Fixtures and fittings	25% reducing balance
Computer equipment	25% reducing balance

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

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.

The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

Border Archery Limited

Notes to the Unaudited Financial Statements for the Year Ended 28 February 2026

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.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

Financial instruments

Classification
Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.
 Recognition and measurement
Where shares are issued, any component that creates, a financial liability of the company is presented as a liability in the balance sheet. The corresponding dividends relating to the liability component are charged as an interest expense in the profit and loss account.
 Impairment
At the end of each reporting period financial instruments measured at fair value are assessed for objective evidence of impairment. The impairment loss is recognised in the profit and loss account.

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 8 (2025 - 10).

4	Profit before tax

Arrived at after charging/(crediting)

	2026 £	2025 £
Depreciation expense	6,569	7,758

Border Archery Limited

Notes to the Unaudited Financial Statements for the Year Ended 28 February 2026

5	Tangible assets

	Land and buildings £	Furniture, fittings and equipment  £	Other tangible assets £	Total £
Cost or valuation
At 1 March 2025	8,385	12,421	176,208	197,014
Additions	-	905	7,026	7,931
Disposals	-	(470)	-	(470)
Transfers	-	(187)	187	-
At 28 February 2026	8,385	12,669	183,421	204,475
Depreciation
At 1 March 2025	8,385	11,544	150,370	170,299
Charge for the year	-	64	6,505	6,569
Eliminated on disposal	-	(30)	-	(30)
Transfers	-	(4)	4	-
At 28 February 2026	8,385	11,574	156,879	176,838
Carrying amount
At 28 February 2026	-	1,095	26,542	27,637
At 28 February 2025	-	877	25,838	26,715

Included within the net book value of land and buildings above is £Nil (2025 - £Nil) in respect of freehold land and buildings.
 

6

Stocks

	2026 £	2025 £
Other inventories	116,500	110,794

7

Debtors

Current	2026 £	2025 £
Trade debtors	16,799	14,043
Prepayments	10,389	5,165
Other debtors	262	3,642
	27,450	22,850

Border Archery Limited

Notes to the Unaudited Financial Statements for the Year Ended 28 February 2026

8

Creditors

Creditors: amounts falling due within one year

	2026 £	2025 £
Due within one year
Trade creditors	11,281	14,486
Taxation and social security	3,467	5,119
Accruals and deferred income	2,455	2,906
Other creditors	80,281	60,285
	97,484	82,796

9	Share capital

Allotted, called up and fully paid shares

	2026		2025
	No.	£	No.	£
Ordinary shares of £1 each	9,000	9,000	9,000	9,000

10	Related party transactions

Other transactions with directors

Mr Sidney Ball has advanced loans to the company during the year. The amount due at the balance sheet date was £80,159 (2025: £59,562).

Border Archery Limited

Detailed Profit and Loss Account for the Year Ended 28 February 2026

	2026 £	2025 £
Turnover (analysed below)	370,683	350,763
Cost of sales (analysed below)	(291,058)	(243,345)
Gross profit	79,625	107,418
Gross profit (%)	21.48%	30.62%
Administrative expenses
Employment costs (analysed below)	(19,779)	(26,704)
Establishment costs (analysed below)	(34,978)	(23,358)
General administrative expenses (analysed below)	(9,216)	(8,915)
Finance charges (analysed below)	(3,175)	(4,575)
Depreciation costs (analysed below)	(6,569)	(7,758)
Other expenses (analysed below)	(440)	-
	(74,157)	(71,310)
Operating profit	5,468	36,108
Interest payable and similar expenses (analysed below)	235	(15,923)
Profit before tax	5,703	20,185

Border Archery Limited

Detailed Profit and Loss Account for the Year Ended 28 February 2026

2026 £

2025 £

Turnover
Sale of goods, UK	101,062	113,263
Sale of goods, Europe	194,229	133,444
Sale of goods, rest of world	73,504	102,214
Other revenue	1,888	1,842
	370,683	350,763

Cost of sales
Opening raw materials	8,835	8,295
Opening merchandise	1,000	-
Opening finished goods	100,959	73,480
Materials	47,820	44,012
Purchases	6,272	10,082
Other purchases	980	1,272
Closing raw materials	(19,015)	(8,835)
Closing merchandise	(1,070)	(1,000)
Closing finished goods	(96,415)	(100,959)
Wages and salaries (excluding directors)	175,610	138,360
Staff NIC (Employers)	11,253	7,845
Directors remuneration	26,460	30,908
Directors NIC (Employers)	263	1,850
Staff pensions (Defined contribution)	3,459	2,335
Directors pensions (Defined contribution)	1,043	4,116
Freight and carriage	18,962	18,855
Consumable tools	4,642	12,729
	291,058	243,345

Employment costs
Directors remuneration	19,174	24,000
Directors NIC (Employers)	172	1,371
Directors pensions (Defined contribution)	433	1,333
	19,779	26,704

Establishment costs
Rent	10,480	5,949
Rates	247	548
Light, heat and power	13,657	15,205
Insurance	4,828	545
Repairs, cleaning and waste	5,766	1,111
	34,978	23,358

Border Archery Limited

Detailed Profit and Loss Account for the Year Ended 28 February 2026

2026 £

2025 £

General administrative expenses
Telephone and fax	1,047	815
Computer software and maintenance costs	290	167
Printing, postage and stationery	1,059	1,228
Trade subscriptions	937	407
Motor and travel expenses	1,123	505
Accountancy fees	3,600	4,850
Legal and professional fees	-	265
Bad debts written off	944	-
Import duties	216	678
	9,216	8,915

Finance charges
Bank charges	3,175	4,575

Depreciation costs
Depreciation of plant and machinery (owned)	6,505	7,638
Depreciation of fixtures and fittings (owned)	-	40
Depreciation of office equipment (owned)	64	80
	6,569	7,758

Other expenses
(Profit)/loss on disposal of tangible fixed assets	440	-

Interest payable and similar expenses
Foreign currency (gains)/losses	(235)	15,923