Company No: 04542317 (England and Wales)

Contents

• Balance Sheet
• Notes to the Financial Statements

		2026		2025
		£		£
Fixed assets		766		1,185
Current assets		110,654		107,964
Prepayments and accrued income		2,413		2,331
Creditors: amounts falling due within one year		( 73,417)		( 49,598)
Net current assets		39,650		60,697
Total assets less current liabilities		40,416		61,882
Creditors: amounts falling due after more than one year		-		( 2,651)
Accruals and deferred income		( 4,311)		( 38,873)
Net assets		36,105		20,358
Capital and reserves		36,105		20,358

For the financial year ending 30 April 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 financial year in accordance with section 476;
• The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements;
• These financial statements have been prepared in accordance with the micro-entity provisions of the Companies Act 2006 and FRS 105 The Financial Reporting Standard applicable to the Micro-entities Regime;
• These financial statements have been delivered in accordance with the small companies regime and a copy of the Profit and Loss Account has not been delivered.

The financial statements of Sporting Classics (Sherborne) Limited (registered number: 04542317) were approved and authorised for issue by the Board of Directors on 11 August 2026 and were signed on its behalf by:

A P H Johnson Director

S P Johnson Director

1. Company information

The Company is a private company limited by shares and is incorporated in the United Kingdom and registered in England and Wales (Company no. 04542317). The address of its registered office is Stags Menswear 7 High Street, Sidmouth, Devon, EX10 8LN, United Kingdom.

This is the first year in which the financial statements have been prepared in accordance with FRS105 . The prior year figures were prepared under FRS102 Section 1. No restatement was necessary.

2. Employees

	2026		2025
	Number		Number
Monthly average number of persons employed by the Company during the financial year, including directors	2		2

3. Directors’ benefits: advances, credit and guarantees

Advances

The joint Directors loan account is repayable on demand and interest has been charged on overdrawn balances exceeding £10,000 per director at the official HMRC rates.

At 1 May 2025 the balance owed from the directors was £13,311. During the year, the company made advances to directors amounting to £76,866 and received repayments of £77,519 leaving a balance due from the directors of £12,658.

At 1 May 2024 the balance owed from the directors was £nil. During the year, the company made advances to directors amounting to £99,973 and received repayments of £86,662 leaving a balance due from the directors of £13,311.

4. Guarantees and other financial commitments

Other financial commitments

	2026		2025
	£		£
within one year	21,000		21,000
between one and five years	19,250		40,250
	40,250		61,250

Total future minimum lease payments under non-cancellable operating leases are detailed above. This relates to non-cancellable operating leases over the business premises.