International Soccer Management (UK) Ltd - Accounts to registrar (filleted) - small 23.2.5
International Soccer Management (UK) Ltd - Accounts to registrar (filleted) - small 23.2.5
| REGISTERED NUMBER: |
| Unaudited Financial Statements for the Year Ended 31 July 2023 |
| for |
| International Soccer Management (UK) |
| Limited |
| International Soccer Management (UK) |
| Limited (Registered number: 06112606) |
| Contents of the Financial Statements |
| for the Year Ended 31 July 2023 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 4 |
| International Soccer Management (UK) |
| Limited |
| Company Information |
| for the Year Ended 31 July 2023 |
| DIRECTOR: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Unit 3 Cedar Court |
| 1 Royal Oak Yard |
| London |
| SE1 3GA |
| BANKERS: |
| 440 Strand |
| London |
| WC2R 0QS |
| International Soccer Management (UK) |
| Limited (Registered number: 06112606) |
| Balance Sheet |
| 31 July 2023 |
| 31.7.23 | 31.7.22 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Investments | 4 |
| CURRENT ASSETS |
| Debtors | 5 |
| Investments | 6 |
| Cash at bank and in hand |
| CREDITORS |
| Amounts falling due within one year | 7 |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CREDITORS |
| Amounts falling due after more than one year |
8 |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital |
| Retained earnings | 9 |
| The director acknowledges his 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. |
| International Soccer Management (UK) |
| Limited (Registered number: 06112606) |
| Balance Sheet - continued |
| 31 July 2023 |
| In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
| The financial statements were approved by the director and authorised for issue on |
| International Soccer Management (UK) |
| Limited (Registered number: 06112606) |
| Notes to the Financial Statements |
| for the Year Ended 31 July 2023 |
| 1. | STATUTORY INFORMATION |
| International Soccer Management (UK) Limited is a |
| 2. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| 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. |
| 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. |
| Investments in group company |
| Investments in group companies accounted for in accordance with the cost model are recorded at cost less any accumulated impairment losses. |
| Dividends and other distributions received from the investment are recognised as income without regard to whether the distributions are from accumulated profits of the associate arising before or after the date of acquisition. |
| 3. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the year was |
| 4. | FIXED ASSET INVESTMENTS |
| Loans to |
| group |
| undertakings |
| £ |
| At 1 August 2022 |
| New in year | ( |
) |
| At 31 July 2023 |
| International Soccer Management (UK) |
| Limited (Registered number: 06112606) |
| Notes to the Financial Statements - continued |
| for the Year Ended 31 July 2023 |
| 5. | DEBTORS |
| 31.7.23 | 31.7.22 |
| £ | £ |
| Amounts falling due within one year: |
| Trade debtors |
| Social security and other tax |
| Abstraction media current ac | 325,426 | - |
| Directors' current accounts | 363,713 | - |
| VAT |
| Prepayments |
| Amounts falling due after more than one year: |
| Other debtors |
| Other debtors - Doosdane Cazba | 221,170 | - |
| Aggregate amounts |
| 6. | CURRENT ASSET INVESTMENTS |
| 31.7.23 | 31.7.22 |
| £ | £ |
| Shares in group undertakings |
| 7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 31.7.23 | 31.7.22 |
| £ | £ |
| Trade creditors |
| Tax |
| VAT | 14,671 | - |
| Credit card |
| EC Promotions Limited | 35,921 | 35,921 |
| Directors' current accounts | - | 3,501 |
| Accrued expenses |
| 8. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
| 31.7.23 | 31.7.22 |
| £ | £ |
| Directors' loan accounts | - | 8,757 |
| International Soccer Management (UK) |
| Limited (Registered number: 06112606) |
| Notes to the Financial Statements - continued |
| for the Year Ended 31 July 2023 |
| 9. | RESERVES |
| Retained |
| earnings |
| £ |
| At 1 August 2022 |
| Profit for the year |
| At 31 July 2023 |
| 10. | DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES |
| The following advances and credits to a director subsisted during the years ended 31 July 2023 and 31 July 2022: |
| 31.7.23 | 31.7.22 |
| £ | £ |
| Balance outstanding at start of year | ( |
) | ( |
) |
| Amounts advanced |
| Amounts repaid | ( |
) | ( |
) |
| Amounts written off | - | - |
| Amounts waived | - | - |
| Balance outstanding at end of year | ( |
) |
| 11. | RELATED PARTY DISCLOSURES |
| The company was under the control of Mr Mahmoud Reza Fazeli throughout the current and previous year. Mr Mahmoud Reza Fazeli is the managing director and majority shareholder. Mr Mahmoud Reza Fazeli is personally interested in 100% (2022 - 100%) of the company's share capital. |
| Amounts owed by group company, ISM Properties UK Limited at the balance sheet date was £3,550,000 (2022 - £3,536,640). No terms of payment or interest have been agreed. |