SportsBroker Holdings Limited - Accounts to registrar (filleted) - small 23.2.5

REGISTERED NUMBER: 14383056 (England and Wales)

Unaudited Financial Statements

for the Period 28 September 2022 to 31 March 2023

for

SportsBroker Holdings Limited

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr J R Mackenzie Du Lieu

Mrs R F Alghanim

Mr B Knowles

SECRETARY:

Miss A Bodnar-Staron

REGISTERED OFFICE:

66 Bootham

York

North Yorkshire

YO30 7BZ

REGISTERED NUMBER:

14383056 (England and Wales)

ACCOUNTANTS:

360 Accountants Limited

18-19 Albion Street

Hull

East Yorkshire

HU1 3TG

FIXED ASSETS

Investments

5

1,000

CURRENT ASSETS

Debtors

1,100

CREDITORS

Amounts falling due within one year

1,720

NET CURRENT LIABILITIES

(620

)

TOTAL ASSETS LESS CURRENT LIABILITIES

380

CAPITAL AND RESERVES

Called up share capital

6

1,100

Retained earnings

(720

)

SHAREHOLDERS' FUNDS

380

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 March 2023.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 March 2023 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 period ended 31 March 2023 in accordance with Section 444(2A) of the Companies Act 2006.

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 19 December 2023 and were signed on its behalf by:

Mr B Knowles - Director

1.	STATUTORY INFORMATION

SportsBroker Holdings 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.

2.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention.

Preparation of consolidated financial statements

The financial statements contain information about SportsBroker Holdings Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Taxation

Taxation for the period 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 period 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.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 4 .

5.	FIXED ASSET INVESTMENTS

Information on investments other than loans is as follows:

Totals

£

COST

Additions

1,000

At 31 March 2023

1,000

NET BOOK VALUE

At 31 March 2023

1,000

The company's investments at the Balance Sheet date in the share capital of companies include the following:

Sport Brokers (UK) Limited

Registered office: 66 Bootham, York, YO30 7BZ

Nature of business: Online gambling site

%

Class of shares:

holding

Ordinary

100.00

31/3/23

31/3/22

£

£

Aggregate capital and reserves

(4,526,723

)

(1,608,994

)

Loss for the year

(2,917,729

)

(1,182,783

)

SportsBroker Z.O.O

Registered office: SW. MARKA 7-9/3, 31-012 KRAKÓW

Nature of business: Development company

%

Class of shares:

holding

Ordinary

100.00

31/12/22

31/12/21

£

£

Aggregate capital and reserves

(250,003

)

(107,474

)

(Loss)/profit for the year

(142,529

)

106,808

Sports Broker Ltd

Registered office: EWROPA BUSINESS CENTRE, LEVEL 3 - 701, DUN KARM STREET BIRKIRKARA, BKR 9034 Malta

Nature of business: Licensing company

%

Class of shares:

holding

Ordinary

100.00

31/3/23

£

Aggregate capital and reserves

(394,428

)

Loss for the period

(129,522

)

6.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

value:

£

1,100

Ordinary

£1

1,100

7.	ULTIMATE CONTROLLING PARTY

The controlling party is Mrs R F Alghanim.