Registration number: 10327303

BG Sports and Corporate Wear Limited

Contents

Abridged Balance Sheet	1
Notes to the Unaudited Abridged Financial Statements	2 to 3

BG Sports and Corporate Wear Limited

(Registration number: 10327303)
Abridged Balance Sheet as at 30 August 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	4	36,691	3,173
Current assets
Stocks	5	6,434	8,745
Debtors		7,365	9,078
Cash at bank and in hand		2,954	1,504
		16,753	19,327
Prepayments and accrued income		421	496
Creditors: Amounts falling due within one year		(72,423)	(54,282)
Net current liabilities		(55,249)	(34,459)
Total assets less current liabilities		(18,558)	(31,286)
Creditors: Amounts falling due after more than one year		-	(2,894)
Accruals and deferred income		(600)	(732)
Net liabilities		(19,158)	(34,912)
Capital and reserves
Called up share capital		1	1
Retained earnings		(19,159)	(34,913)
Shareholders' deficit		(19,158)	(34,912)

For the financial year ending 30 August 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

All of the company’s members have consented to the preparation of an Abridged Balance Sheet in accordance with Section 444(2A) of the Companies Act 2006.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 28 August 2026
 

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

R Green

Director

BG Sports and Corporate Wear Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 30 August 2025

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
37 Beccles Road
Lowestoft
NR33 8QT

These financial statements were authorised for issue by the director on 28 August 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 abridged 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 abridged 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.

Revenue recognition

Turnover consists of the sales value, excluding VAT, of work in the period under contracts to supply goods and services to third parties. It includes the relevant proportion of contract value for performance up to the period end.

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
Plant and machinery	25% on reducing balance
Motor vehicles	25% on reducing balance
Office equipment	33% on reducing balance

3	Staff numbers

The average number of persons employed by the company (including the director) during the year, was 1 (2024 - 1).

BG Sports and Corporate Wear Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 30 August 2025

4	Tangible assets

	Furniture, fittings and equipment  £	Motor vehicles  £	Other tangible assets £	Total £
Cost or valuation
At 31 August 2024	2,786	23,995	893	27,674
Additions	-	39,595	-	39,595
Disposals	-	(23,995)	-	(23,995)
At 30 August 2025	2,786	39,595	893	43,274
Depreciation
At 31 August 2024	2,393	21,393	715	24,501
Charge for the year	130	3,300	45	3,475
Eliminated on disposal	-	(21,393)	-	(21,393)
At 30 August 2025	2,523	3,300	760	6,583
Carrying amount
At 30 August 2025	263	36,295	133	36,691
At 30 August 2024	393	2,602	178	3,173

5

stocks

	2025 £	2024 £
Work in progress	1,609	2,550
Other inventories	4,825	6,195
	6,434	8,745