Company Registration No. 03573602 (England and Wales)
UK Sport Equipment Limited
Unaudited accounts
for the year ended 30 June 2026
UK Sport Equipment Limited
Unaudited accounts
Contents
UK Sport Equipment Limited
Company Information
for the year ended 30 June 2026
Directors
JM Smith
CA Smith
Secretary
P&A Secretaries Ltd
Company Number
03573602 (England and Wales)
Registered Office
Skandi Lodge
The Old Tip
Keighley Road
Silsden
BD20 0EH
West Yorkshire
Accountants
Pearson & Associates
Suite E, Canal Wharf
Eshton Road
Gargrave, Skipton
North Yorkshire
BD23 3SE
UK Sport Equipment Limited
Statement of financial position
as at 30 June 2026
Tangible assets
879,201
760,125
Cash at bank and in hand
9,046
6,278
Creditors: amounts falling due within one year
(402,139)
(503,019)
Net current liabilities
(361,091)
(306,202)
Net assets
518,110
453,923
Called up share capital
1
1
Capital redemption reserve
2
2
Profit and loss account
518,107
453,920
Shareholders' funds
518,110
453,923
For the year ending 30 June 2026 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 22 October 2026 and were signed on its behalf by
JM Smith
Director
Company Registration No. 03573602
UK Sport Equipment Limited
Notes to the Accounts
for the year ended 30 June 2026
UK Sport Equipment Limited is a private company, limited by shares, registered in England and Wales, registration number 03573602. The registered office is Skandi Lodge, The Old Tip, Keighley Road, Silsden , BD20 0EH, West Yorkshire.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
15% reducing balance
Motor vehicles
25% reducing balance
Fixtures & fittings
15% reducing balance
Computer equipment
25% reducing balance
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term.
Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
UK Sport Equipment Limited
Notes to the Accounts
for the year ended 30 June 2026
4
Intangible fixed assets
Goodwill
5
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At cost
At 1 July 2025
683,731
118,605
78,492
105,623
1,416
987,867
Additions
17,443
116,275
-
-
-
133,718
At 30 June 2026
701,174
234,880
78,492
105,623
1,416
1,121,585
At 1 July 2025
-
60,677
69,471
96,238
1,356
227,742
Charge for the year
-
10,889
2,255
1,483
15
14,642
At 30 June 2026
-
71,566
71,726
97,721
1,371
242,384
At 30 June 2026
701,174
163,314
6,766
7,902
45
879,201
At 30 June 2025
683,731
57,928
9,021
9,385
60
760,125
Amounts falling due within one year
Trade debtors
21,767
105,072
Accrued income and prepayments
-
7,500
7
Creditors: amounts falling due within one year
2026
2025
Taxes and social security
234
2,662
Loans from directors
401,905
383,854
UK Sport Equipment Limited
Notes to the Accounts
for the year ended 30 June 2026
8
Average number of employees
During the year the average number of employees was 2 (2025: 2).