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REGISTERED NUMBER: 07103886 (England and Wales)






























UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2026

FOR

WITHERS SPORTS LIMITED
WITHERS SPORTS LIMITED (REGISTERED NUMBER: 07103886)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2026










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


WITHERS SPORTS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JANUARY 2026







DIRECTORS: Mr SJ Brett
Mrs VA Brett
Mr JN Spence





REGISTERED OFFICE: 6 Carts Lane
Leicester
Leicestershire
LE1 5FL





REGISTERED NUMBER: 07103886 (England and Wales)
Page 1
WITHERS SPORTS LIMITED (REGISTERED NUMBER: 07103886)

BALANCE SHEET
31 JANUARY 2026

2026 2025
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - 1,859
Tangible assets 5 18,660 21,609
18,660 23,468

CURRENT ASSETS
Stocks 6 130,235 131,795
Debtors 7 13,677 14,238
Cash at bank and in hand 6,177 3,563
150,089 149,596
CREDITORS
Amounts falling due within one year 8 99,918 103,438
NET CURRENT ASSETS 50,171 46,158
TOTAL ASSETS LESS CURRENT
LIABILITIES
68,831
69,626

CREDITORS
Amounts falling due after more than one
year
9
-
(4,000
)

PROVISIONS FOR LIABILITIES (4,665 ) (5,402 )
NET ASSETS 64,166 60,224

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 64,066 60,124
SHAREHOLDERS' FUNDS 64,166 60,224

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 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 notes form part of these financial statements

Page 2 continued...
WITHERS SPORTS LIMITED (REGISTERED NUMBER: 07103886)

BALANCE SHEET - continued
31 JANUARY 2026


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 24 September 2026 and were signed on its behalf by:




Mr SJ Brett - Director



Mrs VA Brett - Director


The notes form part of these financial statements

Page 3
WITHERS SPORTS LIMITED (REGISTERED NUMBER: 07103886)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2026


1. STATUTORY INFORMATION

Withers Sports Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Revenue comprises the fair value for the sale of goods excluding value added taxes and represents net invoice.

The company supplies products to customers under standard terms and conditions. In all cases revenue is recognised when the risks and rewards of ownership are transferred and this is defined to be on dispatch of the goods.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2012, has been amortised evenly over its estimated useful life of ten years.

The estimated useful life was twenty years however this was re-assessed in 2020.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

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

Fixtures and fittings - 15% on reducing balance

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


Page 4 continued...
WITHERS SPORTS LIMITED (REGISTERED NUMBER: 07103886)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2026


2. ACCOUNTING POLICIES - continued
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.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

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.

Creditors
Short term trade creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Debtors
Short term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 8 (2025 - 8 ) .

Page 5 continued...
WITHERS SPORTS LIMITED (REGISTERED NUMBER: 07103886)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2026


4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 February 2025
and 31 January 2026 20,000
AMORTISATION
At 1 February 2025 18,141
Charge for year 1,859
At 31 January 2026 20,000
NET BOOK VALUE
At 31 January 2026 -
At 31 January 2025 1,859

5. TANGIBLE FIXED ASSETS
Fixtures
and
fittings
£   
COST
At 1 February 2025 57,392
Additions 300
At 31 January 2026 57,692
DEPRECIATION
At 1 February 2025 35,783
Charge for year 3,249
At 31 January 2026 39,032
NET BOOK VALUE
At 31 January 2026 18,660
At 31 January 2025 21,609

6. STOCKS
2026 2025
£    £   
Stocks 130,235 131,795

Page 6 continued...
WITHERS SPORTS LIMITED (REGISTERED NUMBER: 07103886)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2026


7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2026 2025
£    £   
Trade debtors 4,027 1,913
Other debtors 9,650 12,325
13,677 14,238

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2026 2025
£    £   
Bank loans and overdrafts 20,861 19,316
Trade creditors 42,274 52,864
Taxation and social security 3,486 476
Other creditors 33,297 30,782
99,918 103,438

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2026 2025
£    £   
Bank loans - 4,000

10. OTHER FINANCIAL COMMITMENTS

The company had future operating lease commitments of £55,000 (2025 - £80,000).

11. RELATED PARTY DISCLOSURES

At the year end, the directors were owed £2,157 (2025 - £21,378) by the company.

No interest was charged on the above balances.

12. PENSION COMMITMENT

The company operates a defined contributions pension scheme. The assets of the scheme are held separately from those of the company within an independently administered fund. The charge for the year was £8,656 (2025: £9,423). Contributions of £145 (2025: £231) were unpaid at the year end.

Page 7