Pete Bland Sports Limited

	Page
Abridged Balance Sheet	1—2
Notes to the Abridged Financial Statements	3—5

Registered number: 04585018

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	5		259,619		279,802

			259,619		279,802
CURRENT ASSETS
Stocks		459,836		300,217
Debtors		13,493		2,003
Cash at bank and in hand		89,177		164,062

		562,506		466,282
Creditors: Amounts Falling Due Within One Year		(380,705 )		(290,192 )

NET CURRENT ASSETS (LIABILITIES)			181,801		176,090

TOTAL ASSETS LESS CURRENT LIABILITIES			441,420		455,892

Creditors: Amounts Falling Due After More Than One Year	6		(117,777 )		(130,765 )

PROVISIONS FOR LIABILITIES
Deferred Taxation			(1,782 )		(4,827 )

NET ASSETS			321,861		320,300

CAPITAL AND RESERVES
Called up share capital	8		100		100
Profit and Loss Account			321,761		320,200

SHAREHOLDERS' FUNDS			321,861		320,300

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Pete Bland Sports Limited

Abridged Balance Sheet (continued)

As At 31 December 2025

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.

All of the company's members have consented to the preparation of an Abridged Balance Sheet for the year end 31 December 2025 in accordance with section 444(2A) of the Companies Act 2006.

On behalf of the board

Mr Matthew Bland

Director

24/09/2026

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Pete Bland Sports Limited is a private company, limited by shares, incorporated in England & Wales, registered number 04585018 . The registered office is 34-36 Kirkland, KENDAL, Cumbria, LA9 5AD.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements are prepared under the historic cost convention and in accordance with the FRS 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 tax. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Turnover from the sale of goods is recognised when goods are delivered and legal title has passed.

2.3. Intangible Fixed Assets and Amortisation - Goodwill

Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to the profit and loss account over its estimated economic life of .... years.

2.4. Intangible Fixed Assets and Amortisation - Other Intangible

Other intangible assets are website development. It is amortised to the profit and loss account over its estimated economic life of 5 years.

2.5. 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:

Freehold	0%
Leasehold	5% Straight Line
Plant & Machinery	5% Reducing Balance
Motor Vehicles	25% Reducing Balance
Fixtures & Fittings	15% Reducing Balance
Computer Equipment	20% Straight Line

2.6. 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. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

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Pete Bland Sports Limited

Notes to the Abridged Financial Statements (continued)

For The Year Ended 31 December 2025

2.7. Taxation

Taxation represents the sum of the tax currently payable and deferred tax.

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 all 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. 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.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 20 (2024: 18)

4. Intangible Assets

	Total
	£
Cost
As at 1 January 2025	104,423

As at 31 December 2025	104,423

Amortisation
As at 1 January 2025	104,423

As at 31 December 2025	104,423

Net Book Value
As at 31 December 2025	-

As at 1 January 2025	-

5. Tangible Assets

	Total
	£
Cost
As at 1 January 2025	525,593

As at 31 December 2025	525,593

...CONTINUED

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Pete Bland Sports Limited

Notes to the Abridged Financial Statements (continued)

For The Year Ended 31 December 2025

Depreciation
As at 1 January 2025	245,791
Provided during the period	20,183

As at 31 December 2025	265,974

Net Book Value
As at 31 December 2025	259,619

As at 1 January 2025	279,802

6. Creditors: amounts falling due after five years

Of the creditors falling due after more than one year the following amounts are due after more than five years.

	2025		2024
	£		£
Bank loans	55,297		72,237

7. Secured Creditors

Of the creditors the following amounts are secured.

	2025		2024
	£		£
Bank loans and overdrafts	130,433		178,118

8. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	100	100

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