Sports Betting Stars Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 10733614 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2021

FOR

SPORTS BETTING STARS LIMITED

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs V Beckman

Mr S Beckman

REGISTERED OFFICE:

Third Floor

College House

Howard Street

Barrow in Furness

Cumbria

LA14 1NB

REGISTERED NUMBER:

10733614 (England and Wales)

BANKERS:

National Westminster Bank plc

113 Dalton Road

Barrow in Furness

Cumbria

LA14 1WY

CURRENT ASSETS

Debtors

70,816

8,361

Cash at bank

185

7,628

71,001

15,989

CREDITORS

Amounts falling due within one year

61,872

2,292

NET CURRENT ASSETS

9,129

13,697

TOTAL ASSETS LESS CURRENT LIABILITIES

9,129

13,697

CREDITORS

Amounts falling due after more than one year

-

13,634

NET ASSETS

9,129

63

CAPITAL AND RESERVES

Called up share capital

4

1

1

Retained earnings

9,128

62

SHAREHOLDERS' FUNDS

9,129

63

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2021.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2021 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.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 30 September 2021 in accordance with Section 444(2A) of the Companies Act 2006.

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 14 January 2022 and were signed on its behalf by:

Mr S Beckman - Director

1.	STATUTORY INFORMATION

Sports Betting Stars 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 represents net invoiced sales of services, excluding VAT.

Research and development

Expenditure on research and development is written off in the year in which it is incurred.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2020 - 2 ).

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.9.21

30.9.20

value:

£

£

1

Ordinary

£1

1

1

5.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the year ended 30 September 2021 and the period ended 30 September 2020:

30.9.21

30.9.20

£

£

Mrs V Beckman

Balance outstanding at start of year

8,361

-

Amounts advanced

-

8,361

Amounts repaid

(8,361

)

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

-

8,361

The loan is interest free, unsecured and repayable on demand.

6.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Mrs V Beckman.