SMALL HEATH BOXING CLUB LTD - Filleted accounts

SMALL HEATH BOXING CLUB LTD
Registered number:		07866032
Balance Sheet
as at 30 November 2025

Notes			2025			2024
£				£
Fixed assets
Intangible assets			-			-
Tangible assets	3		5,050			472
Investments			-			-
			5,050			472

Current assets
Stocks		-			-
Debtors	4	45,972			9,405
Investments held as current assets		-			-
Cash at bank and in hand		107,473			134,929
		153,445			144,334

Creditors: amounts falling due within one year	5	(110,069)			(95,527)

Net Current Assets			43,376			48,807

Total assets less current liabilities			48,426			49,279

Creditors: amounts falling due after more than one year			(670)			(11,319)

Provisions for liabilities			-			-


Net Assets			47,756			37,960

Capital and reserves
Called up share capital			-			-
Share premium			-			-
Revaluation reserve			-			-
Profit and loss account			47,756			37,960

Shareholder's funds			47,756			37,960

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




P J O NEILL
Director
Approved by the board on 31 August 2026

SMALL HEATH BOXING CLUB LTD
Notes to the Accounts
for the year ended 30 November 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.


	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Leasehold land and buildings			over the lease term
	Plant and machinery			Reducing value - 20%
	Fixtures, fittings, tools and equipment			Reducing value - 20%


	Stocks
	Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only 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 and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.


	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.



2	Employees					2025		2024
Number							Number

	Average number of persons employed by the company					3		-

3	Tangible fixed assets
		Plant & Machinery		Fixture and fittings		Motor vehicles		Total
£			£		£		£
	Cost
	At 1 December 2024	-		1,086		-		1,086
	Additions	4,918		-		-		4,918
	Surplus on revaluation	-		-		-		-
	Disposals	-		-		-		-
	At 30 November 2025	4,918		1,086		-		6,004

	Depreciation
	At 1 December 2024	-		614		-		614
	Charge for the year	246		94		-		340
	Surplus on revaluation	-		-		-		-
	On disposals	-		-		-		-
	At 30 November 2025	246		708		-		954

	Net book value
	At 30 November 2025	4,672		378		-		5,050
	At 30 November 2024	-		472		-		472



4	Debtors					2025		2024
£							£

	Trade debtors					5,972		9,405
	Amounts owed by group undertakings and undertakings in which the company has a participating interest					-		-
	Deferred tax asset					-		-
	Other debtors					40,000		-
						45,972		9,405

	Amounts due after more than one year included above					-		-


5	Creditors: amounts falling due within one year					2025		2024
£							£

	Non-equity preference shares					-		-
	Bank loans and overdrafts					10,677		9,508
	Obligations under finance lease and hire purchase contracts					-		-
	Trade creditors					383		5,076
	Amounts owed to group undertakings and undertakings in which the company has a participating interest					-		-
	Taxation and social security costs					9,418		-
	Other creditors					89,591		80,943
						110,069		95,527


0	Creditors: amounts falling due after one year					2025		2024
£							£

	Non-equity preference shares					-		-
	Bank loans					670		11,319
	Obligations under finance lease and hire purchase contracts					-		-
	Trade creditors					-		-
	Amounts owed to group undertakings and undertakings in which the company has a participating interest					-		-
	Other creditors					-		-
						670		11,319



6	Other information

	SMALL HEATH BOXING CLUB LTD is a private company limited by guarantee and incorporated in England. Its registered office is:
	205 WHEELERS LANE
	KINGS HEATH

	BIRMINGHAM
	B13 0ST