REGISTERED NUMBER: 11245537 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 1 APRIL 2024 TO 31 AUGUST 2025

FOR

NILE WILSON GYMNASTICS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

L D Sutton

N M Wilson

N R Wilson

C J Mardon

REGISTERED OFFICE:

167-169 Great Portland Street

5th Floor

London

W1W 5PF

REGISTERED NUMBER:

11245537 (England and Wales)

ACCOUNTANTS:

Ad Valorem Accountancy Services Limited

Chartered Certified Accountants

2 Manor Farm Court

Old Wolverton Road

Old Wolverton

Milton Keynes

Buckinghamshire

MK12 5NN

FIXED ASSETS

Intangible assets

4

180,502

181,834

Tangible assets

5

653,147

461,876

Investments

6

2,216,477

-

3,050,126

643,710

CURRENT ASSETS

Debtors

7

80,988

93,788

Cash at bank and in hand

7,064

48,840

88,052

142,628

CREDITORS

Amounts falling due within one year

8

2,797,263

719,181

NET CURRENT LIABILITIES

(2,709,211

)

(576,553

)

TOTAL ASSETS LESS CURRENT LIABILITIES

340,915

67,157

CAPITAL AND RESERVES

Called up share capital

9

100

100

Share premium

199,900

199,900

Retained earnings

140,915

(132,843

)

SHAREHOLDERS' FUNDS

340,915

67,157

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 August 2025.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 August 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 5 August 2026 and were signed on its behalf by:

L D Sutton - Director

1.	STATUTORY INFORMATION

Nile Wilson Gymnastics Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	ACCOUNTING POLICIES

BASIS OF PREPARING THE FINANCIAL STATEMENTS

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

TURNOVER

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

GOODWILL

Goodwill, being the amount paid in connection with the acquisition of businesses, is being amortised evenly over its estimated useful life of 20 years.

INTANGIBLE ASSETS

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

TANGIBLE FIXED ASSETS

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

Plant and machinery

-

20% on reducing balance

Fixtures and fittings

-

20% on cost

Computer equipment

-

33% on cost

INVESTMENTS IN SUBSIDIARIES

Investments in subsidiary undertakings are recognised at cost.

TAXATION

Taxation for the period comprises of current tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

HIRE PURCHASE AND LEASING COMMITMENTS

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

PENSION COSTS AND OTHER POST-RETIREMENT BENEFITS

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 91 (2024 - 57 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2024

225,001

Additions

10,006

At 31 August 2025

235,007

AMORTISATION

At 1 April 2024

43,167

Amortisation for period

11,338

At 31 August 2025

54,505

NET BOOK VALUE

At 31 August 2025

180,502

At 31 March 2024

181,834

5.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Computer

machinery

fittings

equipment

Totals

£

£

£

£

COST

At 1 April 2024

600,189

865

1,431

602,485

Additions

307,907

3,638

4,890

316,435

At 31 August 2025

908,096

4,503

6,321

918,920

DEPRECIATION

At 1 April 2024

139,441

346

822

140,609

Charge for period

123,706

485

973

125,164

At 31 August 2025

263,147

831

1,795

265,773

NET BOOK VALUE

At 31 August 2025

644,949

3,672

4,526

653,147

At 31 March 2024

460,748

519

609

461,876

6.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

Additions

2,216,477

At 31 August 2025

2,216,477

NET BOOK VALUE

At 31 August 2025

2,216,477

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

1,350

5,400

Amounts owed by associates

-

500

Other debtors

79,638

87,888

80,988

93,788

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

207,373

33,597

Amounts owed to associates

1,141,792

199,594

Taxation and social security

369,299

64,230

Other creditors

1,078,799

421,760

2,797,263

719,181

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

40

Ordinary

1

100

100

10.	RELATED PARTY DISCLOSURES

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.