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Company registration number:
05015811
Smash Sports Limited
Unaudited Filleted Financial Statements for the year ended
31 December 2025
Smash Sports Limited
Statement of Financial Position
31 December 2025
20252024
Note££
Fixed assets    
Tangible assets 5
112,367
 
2,943
 
Current assets    
Stocks
494,721
 
306,729
 
Debtors 6
532,996
 
348,548
 
Cash at bank and in hand
499,312
 
396,733
 
1,527,029
 
1,052,010
 
Creditors: amounts falling due within one year 7
(688,063
 )
(404,207
 )
Net current assets
838,966
 
647,803
 
Total assets less current liabilities 951,333   650,746  
Creditors: amounts falling due after more than one year 8 -  
(4,167
 )
Net assets
951,333
 
646,579
 
Capital and reserves    
Called up share capital
500
 
500
 
Share premium
111,420
 
111,420
 
Other reserves
1,000
 
1,000
 
Profit and loss account
838,413
 
533,659
 
Shareholders funds
951,333
 
646,579
 
For the year ending
31 December 2025
, 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 year in question in accordance with section 476;
  • The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These
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.
These
financial statements
were approved by the board of directors and authorised for issue on
14 September 2026
, and are signed on behalf of the board by:
J Fenton
Director
Company registration number:
05015811
Smash Sports Limited
Notes to the Financial Statements
Year ended
31 December 2025

1 General information

The company is a private company limited by shares and is registered in England and Wales. The address of the registered office is
Unit 6 Trade City
,
Brooklands Close
,
Sunbury-On-Thames
,
Middlesex
,
TW16 7FD
, United Kingdom.

2 Statement of compliance

These
financial statements
have been prepared in compliance with FRS 102 Section 1A, 'The Financial Reporting Standard applicable to the UK and Republic of Ireland'.

3 Accounting policies

Basis of preparation

The
financial statements
have been prepared on the historical cost basis, as modified by the revaluation of certain assets.
The
financial statements
are prepared in sterling, which is the functional currency of the company.

Turnover

Turnover is measured at the fair value of the consideration received or receivable for goods supplied, net of discounts and Value Added Tax.
Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer, usually on despatch of the goods; the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Current tax

Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Tangible assets

Tangible assets are initially measured at cost, and are subsequently measured at cost less any accumulated depreciation and accumulated impairment losses or at a revalued amount.
Any tangible assets carried at a revalued amount are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
An increase in the carrying amount of an asset as a result of a revaluation is recognised in other comprehensive income and accumulated in capital and reserves. However, the increase is recognised in profit or loss to the extent that it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in capital and reserves. If a revaluation decrease exceeds the accumulated revaluation gains accumulated in capital and reserves in respect of that asset, the excess is recognised in profit or loss.
Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:
Fixtures, fittings and equipment
25% straight line
Plant and machinery
25% straight line
Motor vehicles
25% straight line

Stocks

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stocks to their present location and condition.

Operating leases

A lease is classified as an operating lease if it does not transfer substantially all the risks and rewards incidental to ownership. Lease payments are recognised as an expense over the lease term on a straight-line basis. The aggregate benefit of lease incentives is recognised as a reduction to expense over the lease term, on a straight-line basis.

4 Average number of employees

The average number of persons employed by the company during the year was
7
(2024:
7.00
).

5 Tangible assets

Plant and machinery etc.
£
Cost  
At
1 January 2025
109,508
 
Additions
122,401
 
At
31 December 2025
231,909
 
Depreciation  
At
1 January 2025
106,565
 
Charge
12,977
 
At
31 December 2025
119,542
 
Carrying amount  
At
31 December 2025
112,367
 
At 31 December 2024
2,943
 

6 Debtors

20252024
££
Trade debtors
409,076
 
224,628
 
Other debtors
123,920
 
123,920
 
532,996
 
348,548
 
The debtors above include the following amounts falling due after more than one year:
20252024
££
Other debtors
123,920
 
123,920
 

7 Creditors: amounts falling due within one year

20252024
££
Bank loans and overdrafts -  
10,000
 
Trade creditors
428,105
 
149,762
 
Taxation and social security
259,958
 
166,467
 
Other creditors -  
77,978
 
688,063
 
404,207
 

8 Creditors: amounts falling due after more than one year

20252024
££
Bank loans and overdrafts -  
4,167
 

9 Operating leases

The company as lessee    
20252024
££
Not later than 1 year
68,000.00
 
68,000
 
Later than 1 year and not later than 5 years
34,000.00
 
102,000
 
102,000
 
170,000