1 March 2022 false No description of principal activity Taxfiler 2023.10 SC491527business:PrivateLimitedCompanyLtd2022-03-012023-02-28 SC4915272022-02-28 SC4915272022-03-012023-02-28 SC491527business:AuditExemptWithAccountantsReport2022-03-012023-02-28 SC491527business:FilletedAccounts2022-03-012023-02-28 SC4915272023-02-28 SC491527business:Director12022-03-012023-02-28 SC491527business:RegisteredOffice2022-03-012023-02-28 SC4915272022-02-28 SC491527core:WithinOneYear2023-02-28 SC491527core:WithinOneYear2022-02-28 SC491527core:ShareCapitalcore:PreviouslyStatedAmount2023-02-28 SC491527core:ShareCapitalcore:PreviouslyStatedAmount2022-02-28 SC491527core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-02-28 SC491527core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-02-28 SC491527core:PreviouslyStatedAmount2023-02-28 SC491527core:PreviouslyStatedAmount2022-02-28 SC491527business:SmallEntities2022-03-012023-02-28 SC491527countries:Scotland2022-03-012023-02-28 SC491527core:ComputerEquipment2022-03-012023-02-28 SC491527core:ComputerEquipment2022-02-28 SC491527core:ComputerEquipment2023-02-28 SC491527business:OrdinaryShareClass12022-03-012023-02-28 SC491527business:OrdinaryShareClass12021-03-012022-02-28 SC4915272021-03-012022-02-28 iso4217:GBP xbrli:shares xbrli:pure
Company Registration No. SC491527 (Scotland)
Sport Europe Ltd Unaudited accounts for the year ended 28 February 2023
Sport Europe Ltd Unaudited accounts Contents
Page
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Sport Europe Ltd Company Information for the year ended 28 February 2023
Director
Annabel MacCormick
Company Number
SC491527 (Scotland)
Registered Office
94 HOPE STREET SUITE 2.11 GLASGOW G2 6PH SCOTLAND
Accountants
Scottish Tax Bureau 94 Hope Street Glasgow G2 6PH
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Sport Europe Ltd Statement of financial position as at 28 February 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
221 
295 
Current assets
Debtors
71,531 
73,482 
Cash at bank and in hand
1,150 
1,909 
72,681 
75,391 
Creditors: amounts falling due within one year
(660)
(3,210)
Net current assets
72,021 
72,181 
Net assets
72,242 
72,476 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
72,142 
72,376 
Shareholders' funds
72,242 
72,476 
For the year ending 28 February 2023 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 director acknowledges her 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 and authorised for issue on 15 November 2023 and were signed on its behalf by
Annabel MacCormick Director Company Registration No. SC491527
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Sport Europe Ltd Notes to the Accounts for the year ended 28 February 2023
1
Statutory information
Sport Europe Ltd is a private company, limited by shares, registered in Scotland, registration number SC491527. The registered office is 94 HOPE STREET, SUITE 2.11, GLASGOW, G2 6PH, SCOTLAND.
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.
Turnover
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
25% reducing balance
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 March 2022
1,218 
At 28 February 2023
1,218 
Depreciation
At 1 March 2022
923 
Charge for the year
74 
At 28 February 2023
997 
Net book value
At 28 February 2023
221 
At 28 February 2022
295 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Other debtors
71,531 
73,482 
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Sport Europe Ltd Notes to the Accounts for the year ended 28 February 2023
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Other creditors
660 
3,210 
7
Share capital
2023 
2022 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
8
Average number of employees
During the year the average number of employees was 0 (2022: 0).
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