Acorah Software Products - Accounts Production 19.4.351 false true 31 December 2024 1 January 2024 false 1 January 2025 31 December 2025 31 December 2025 04400426 Mr A J Ainsworth Ms B M Pitfield iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 04400426 2024-12-31 04400426 2025-12-31 04400426 2025-01-01 2025-12-31 04400426 frs-core:CurrentFinancialInstruments 2025-12-31 04400426 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2025-12-31 04400426 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2025-01-01 2025-12-31 04400426 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-12-31 04400426 frs-core:PlantMachinery 2025-12-31 04400426 frs-core:PlantMachinery 2025-01-01 2025-12-31 04400426 frs-core:PlantMachinery 2024-12-31 04400426 frs-core:ShareCapital 2025-12-31 04400426 frs-core:RetainedEarningsAccumulatedLosses 2025-12-31 04400426 frs-bus:PrivateLimitedCompanyLtd 2025-01-01 2025-12-31 04400426 frs-bus:FilletedAccounts 2025-01-01 2025-12-31 04400426 frs-bus:SmallEntities 2025-01-01 2025-12-31 04400426 frs-bus:AuditExempt-NoAccountantsReport 2025-01-01 2025-12-31 04400426 frs-bus:SmallCompaniesRegimeForAccounts 2025-01-01 2025-12-31 04400426 frs-bus:Director1 2025-01-01 2025-12-31 04400426 frs-bus:Director2 2025-01-01 2025-12-31 04400426 frs-countries:EnglandWales 2025-01-01 2025-12-31 04400426 2023-12-31 04400426 2024-12-31 04400426 2024-01-01 2024-12-31 04400426 frs-core:CurrentFinancialInstruments 2024-12-31 04400426 frs-core:ShareCapital 2024-12-31 04400426 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31
Registered number: 04400426
Sporting Composites Limited
Unaudited Financial Statements
For The Year Ended 31 December 2025
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 04400426
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 374,618 425,391
374,618 425,391
CURRENT ASSETS
Stocks 5 89,035 90,067
Debtors 6 11,855 28,199
Cash at bank and in hand 9,600 9,713
110,490 127,979
Creditors: Amounts Falling Due Within One Year 7 (271,286 ) (278,356 )
NET CURRENT ASSETS (LIABILITIES) (160,796 ) (150,377 )
TOTAL ASSETS LESS CURRENT LIABILITIES 213,822 275,014
PROVISIONS FOR LIABILITIES
Deferred Taxation (46,063 ) (52,957 )
NET ASSETS 167,759 222,057
CAPITAL AND RESERVES
Called up share capital 8 2 2
Profit and Loss Account 167,757 222,055
SHAREHOLDERS' FUNDS 167,759 222,057
Page 1
Page 2
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.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Ms B M Pitfield
Director
25th September 2026
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Sporting Composites Limited is a private company, limited by shares, incorporated in England & Wales, registered number 04400426 . The registered office is 4th Floor, 100 Fenchurch Street, London, EC3M 5JD.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Leasehold 10 years straight line
Plant & Machinery 5% reducing balance
2.4. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks.
2.5. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
...CONTINUED
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2.5. Taxation - continued
Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
2.6. Pensions
The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 4 (2024: 4)
4 4
4. Tangible Assets
Land & Property
Leasehold Plant & Machinery Total
£ £ £
Cost
As at 1 January 2025 436,646 321,643 758,289
Additions - 1,457 1,457
As at 31 December 2025 436,646 323,100 759,746
Depreciation
As at 1 January 2025 181,089 151,809 332,898
Provided during the period 43,665 8,565 52,230
As at 31 December 2025 224,754 160,374 385,128
Net Book Value
As at 31 December 2025 211,892 162,726 374,618
As at 1 January 2025 255,557 169,834 425,391
5. Stocks
2025 2024
£ £
Stock 89,035 90,067
Page 4
Page 5
6. Debtors
2025 2024
£ £
Due within one year
Trade debtors 2,767 850
Other debtors 9,088 27,349
11,855 28,199
7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 7,393 5,604
Bank loans and overdrafts 48,568 69,362
Other creditors 214,230 197,867
Taxation and social security 1,095 5,523
271,286 278,356
8. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 2 2
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