Company Registration No. SC491527 (Scotland)
Sport Europe Ltd
Unaudited accounts
for the year ended 28 February 2023
Sport Europe Ltd
Unaudited accounts
Contents
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
Sport Europe Ltd
Statement of financial position
as at 28 February 2023
Cash at bank and in hand
1,150
1,909
Creditors: amounts falling due within one year
(660)
(3,210)
Net current assets
72,021
72,181
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
Sport Europe Ltd
Notes to the Accounts
for the year ended 28 February 2023
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
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
Amounts falling due within one year
Other debtors
71,531
73,482
Sport Europe Ltd
Notes to the Accounts
for the year ended 28 February 2023
6
Creditors: amounts falling due within one year
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).