REGISTERED NUMBER: 11612899 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

FOR

59CLUB UK LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

W Hewitt

S Wordsworth

D I Akin

SECRETARY:

L Mainwaring

REGISTERED OFFICE:

Suite B

The White House

93 Lichfield Street

Tamworth

Staffordshire

B79 7QF

REGISTERED NUMBER:

11612899 (England and Wales)

ACCOUNTANTS:

Philip Barnes & Co Limited

Chartered Accountants

The Old Council Chambers

Halford Street

Tamworth

Staffordshire

B79 7RB

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

49,031

18,264

Investments

6

112

-

49,143

18,264

CURRENT ASSETS

Stocks

15,872

23,058

Debtors

7

683,351

452,525

Cash at bank and in hand

85,302

159,184

784,525

634,767

CREDITORS

Amounts falling due within one year

8

743,412

640,959

NET CURRENT ASSETS/(LIABILITIES)

41,113

(6,192

)

TOTAL ASSETS LESS CURRENT LIABILITIES

90,256

12,072

CREDITORS

Amounts falling due after more than one year

9

-

(1,832

)

PROVISIONS FOR LIABILITIES

(10,900

)

-

NET ASSETS

79,356

10,240

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

79,256

10,140

79,356

10,240

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2025 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 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 27 October 2026 and were signed on its behalf by:

S Wordsworth - Director

1.	STATUTORY INFORMATION

59Club UK Ltd 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.

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.

The significant accounting policies applied in the preparation of the financial statements are set out below. These policies have been consistently applied to all periods presented unless otherwise stated.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2018, is being amortised evenly over its estimated useful life of nil years.

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

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

Plant and machinery

-

20% on cost

Computer equipment

-

20% on cost

Stocks

Stocks are valued at the lower of cost or net realisable value.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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.

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.

3.

EMPLOYEES

The average number of employees during the year was 15 (2024 - 11 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 January 2025

and 31 December 2025

3,400

AMORTISATION

At 1 January 2025

and 31 December 2025

3,400

NET BOOK VALUE

At 31 December 2025

-

At 31 December 2024

-

5.	TANGIBLE FIXED ASSETS

Plant and

Computer

machinery

equipment

Totals

£

£

£

COST

At 1 January 2025

17,373

9,520

26,893

Additions

31,751

6,510

38,261

At 31 December 2025

49,124

16,030

65,154

DEPRECIATION

At 1 January 2025

5,060

3,569

8,629

Charge for year

5,297

2,197

7,494

At 31 December 2025

10,357

5,766

16,123

NET BOOK VALUE

At 31 December 2025

38,767

10,264

49,031

At 31 December 2024

12,313

5,951

18,264

6.	FIXED ASSET INVESTMENTS

Other

investments

£

COST

Additions

112

At 31 December 2025

112

NET BOOK VALUE

At 31 December 2025

112

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

561,259

376,113

Other debtors

122,092

76,412

683,351

452,525

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

1,832

1,951

Trade creditors

241,541

107,947

Credit card balance

12,200

11,998

Corporation Tax

33,099

13,776

Social security and other taxes

18,603

12,668

VAT

37,007

23,048

Other creditors

5,600

-

Deferred income

392,033

459,207

Accrued expenses

1,497

10,364

743,412

640,959

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

-

1,832

10.	ULTIMATE CONTROLLING PARTY

The immediate parent company is Eminent Sports Group Ltd.

The ultimate parent company is XPG Holdings Ltd.

P L George is the ultimate controlling party by virtue of his shareholding in XPG Holdings ltd.