CHAIRMAN'S STATEMENT
FOR THE YEAR ENDED 31 MAY 2022
The chairman presents his statement for the period.
In its tenth financial year, the company achieved its objective of developing innovative lottery management software and launching it to a growing audience of players and businesses.
The company expanded its business-to-business and secondary lottery offering in joint venture with financial risk management partners, providing access to new structures such prize indemnity insurance, insurance-linked securities and alternative capital.
Additionally, the company continued to develop its line of syndicate management services, ticket purchasing integrations, live data feeds and white-label platforms.
The company successfully reached and exceeded its growth targets while delivering consistently high standards of service. We look forward to future years of technological innovation in this exciting industry.
NameJoachim Krebs
Chairman
Date28 August 2023
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DIRECTOR'S REPORT
FOR THE YEAR ENDED 31 MAY 2022
The director presents his report and the financial statements for the year ended 31 May 2022.
The principal activity for the company during the year under review continued to be that of developing lottery management and data-processing software for large-scale operators and players.
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The director who served during the year was:
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In preparing this report, the director has taken advantage of the small companies exemptions provided by section 415A of the Companies Act 2006.
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This report was approved by the board and signed on its behalf.
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LOTTERYTECH LTD
REGISTERED NUMBER:07625501
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BALANCE SHEET
AS AT 31 MAY 2022
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Called up share capital not paid
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Creditors: amounts falling due within one year
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Total assets less current liabilities
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Accruals and deferred income
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Notes
Lotterytech Ltd is a private company, limited by shares and incorporated in England and Wales, registration number 07625501. The address of the registered office is 28 Old Brompton Road, Suite 27, London, SW7 3SS, which is also the principal place of business.
Average number of employees
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The average monthly number of employees, including directors, during the year was 1 (2021 - 1).
The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
These financial statements have been prepared in accordance with the provisions applicable to entities subject to the micro-entities' regime.
The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The financial statements were approved and authorised for issue by the board and were signed on its behalf by:
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