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Company Registration No. 09172243 (England and Wales)
Sports Travel Group Limited Unaudited accounts for the year ended 31 December 2022
Sports Travel Group Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
Sports Travel Group Limited Company Information for the year ended 31 December 2022
Directors
Compton Graham Hellyer Euan Robert Gillon Christopher Peter Gammon Kimmo Sebastian Ekroth Cheong Hian Soh
Company Number
09172243 (England and Wales)
Registered Office
642 Kings Road London SW6 2DU United Kingdom
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Sports Travel Group Limited Statement of financial position as at 31 December 2022
2022 
2021 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
6,892 
3,023 
Current assets
Debtors
5
1,356,345 
661,612 
Cash at bank and in hand
310,012 
367,189 
1,666,357 
1,028,801 
Creditors: amounts falling due within one year
6
(681,463)
(678,256)
Net current assets
984,894 
350,545 
Total assets less current liabilities
991,786 
353,568 
Creditors: amounts falling due after more than one year
7
(886,000)
(145,228)
Net assets
105,786 
208,340 
Capital and reserves
Called up share capital
25 
25 
Share premium
599,979 
599,979 
Profit and loss account
(494,218)
(391,664)
Shareholders' funds
105,786 
208,340 
For the year ending 31 December 2022 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 26 September 2023 and were signed on its behalf by
Euan Robert Gillon Director Company Registration No. 09172243
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Sports Travel Group Limited Notes to the Accounts for the year ended 31 December 2022
1
Statutory information
Sports Travel Group Limited is a private company, limited by shares, registered in England and Wales, registration number 09172243. The registered office is 642 Kings Road, London, SW6 2DU, United Kingdom.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
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:
Computer equipment
4 Years
Prior Year Adjustment
An adjustment to the comparative period has been included in these statutory accounts to reflect investment received as equity of £100,000 which was subsequently loaned to a group entity.
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 January 2022
7,929 
Additions
6,172 
At 31 December 2022
14,101 
Depreciation
At 1 January 2022
4,906 
Charge for the year
2,303 
At 31 December 2022
7,209 
Net book value
At 31 December 2022
6,892 
At 31 December 2021
3,023 
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Sports Travel Group Limited Notes to the Accounts for the year ended 31 December 2022
5
Debtors
2022 
2021 
£ 
£ 
Amounts falling due within one year
VAT
6,152 
2,652 
Trade debtors
1,068,221 
148,434 
Amounts due from group undertakings etc.
106,651 
100,000 
Other debtors
56,688 
56,817 
1,237,712 
307,903 
Amounts falling due after more than one year
Accrued income and prepayments
118,633 
353,709 
6
Creditors: amounts falling due within one year
2022 
2021 
£ 
£ 
Trade creditors
546,730 
612,632 
Amounts owed to group undertakings and other participating interests
103,345 
63,273 
Taxes and social security
52,085 
1,298 
Loans from directors
(20,697)
1,053 
681,463 
678,256 
7
Creditors: amounts falling due after more than one year
2022 
2021 
£ 
£ 
Bank loans
134,989 
145,228 
Accruals
751,011 
- 
886,000 
145,228 
8
Transactions with related parties
Sports Travel Group Limited wrote off in the period an outstanding loan of £80,000 to Sports Travel Services Limited (a group entity).
9
Average number of employees
During the year the average number of employees was 12 (2021: 6).
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