REGISTERED NUMBER: SC660948 (Scotland)

Unaudited Financial Statements

For The Year Ended 31st May 2026

for

Universal Sports And Clothing Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

A Black

Mrs S Pitman

SECRETARY:

REGISTERED OFFICE:

Unit1 Block 9 Dundyvan Industrial Estate

Coatbridge

Lanarkshire

ML5 4AQ

REGISTERED NUMBER:

SC660948 (Scotland)

ACCOUNTANTS:

J S Mackie & Co Ltd

8 Douglas Street

Hamilton

Lanarkshire

ML3 0BP

FIXED ASSETS

Tangible assets

4

20,347

8,845

CURRENT ASSETS

Stocks

21,000

21,000

Debtors

5

7,465

6,536

Cash at bank

13,956

51,907

42,421

79,443

CREDITORS

Amounts falling due within one year

6

(39,613

)

(56,678

)

NET CURRENT ASSETS

2,808

22,765

TOTAL ASSETS LESS CURRENT LIABILITIES

23,155

31,610

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

23,153

31,608

SHAREHOLDERS' FUNDS

23,155

31,610

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st May 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st May 2026 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 6th August 2026 and were signed on its behalf by:

A Black - Director

Mrs S Pitman - Director

1.	STATUTORY INFORMATION

Universal Sports And Clothing Ltd is a private company, limited by shares , registered in Scotland. The company's registered number and registered office address can be found on the Company Information page.

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.

Tangible fixed assets

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

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the year comprises current and deferred 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 or deferred 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 year was 3 (2025 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1st June 2025

22,908

Additions

16,494

At 31st May 2026

39,402

DEPRECIATION

At 1st June 2025

14,063

Charge for year

4,992

At 31st May 2026

19,055

NET BOOK VALUE

At 31st May 2026

20,347

At 31st May 2025

8,845

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

7,465

5,622

Other debtors

-

914

7,465

6,536

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade creditors

12,389

28,986

Taxation and social security

9,425

10,363

Other creditors

17,799

17,329

39,613

56,678