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REGISTERED NUMBER: 07129178 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 January 2023

for

Sport Tech Enterprise Limited

Sport Tech Enterprise Limited (Registered number: 07129178)






Contents of the Financial Statements
for the Year Ended 31 January 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Report of the Accountants 6

Sport Tech Enterprise Limited

Company Information
for the Year Ended 31 January 2023







DIRECTOR: Mr P Gainford





SECRETARY: Mr P Gainford





REGISTERED OFFICE: AWS Accountancy Limited
3 Berrymoor Court
Northumberland Business Park
Cramlington
Northumberland
NE23 7RZ





REGISTERED NUMBER: 07129178 (England and Wales)





ACCOUNTANTS: AWS Accountancy Limited
3 Berrymoor Court
Northumberland Business Park
Cramlington
Northumberland
NE23 7RZ

Sport Tech Enterprise Limited (Registered number: 07129178)

Balance Sheet
31 January 2023

31.1.23 31.1.22
Notes £ £ £ £
FIXED ASSETS
Intangible assets 4 118,950 111,431

CURRENT ASSETS
Debtors 5 722 1,011

CREDITORS
Amounts falling due within one year 6 424,265 257,279
NET CURRENT LIABILITIES (423,543 ) (256,268 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(304,593

)

(144,837

)

CAPITAL AND RESERVES
Called up share capital 500 500
Retained earnings (305,093 ) (145,337 )
SHAREHOLDERS' FUNDS (304,593 ) (144,837 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2023 in accordance with Section 476 of the Companies Act 2006.

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.

Sport Tech Enterprise Limited (Registered number: 07129178)

Balance Sheet - continued
31 January 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

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 27 November 2023 and were signed by:





Mr P Gainford - Director


Sport Tech Enterprise Limited (Registered number: 07129178)

Notes to the Financial Statements
for the Year Ended 31 January 2023

1. STATUTORY INFORMATION

Sport Tech Enterprise Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Taxation
Taxation for the year comprises current 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.

Current taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - NIL ) .

4. INTANGIBLE FIXED ASSETS
Patented
technology
and design
£
COST
At 1 February 2022 111,431
Additions 7,519
At 31 January 2023 118,950
NET BOOK VALUE
At 31 January 2023 118,950
At 31 January 2022 111,431

Sport Tech Enterprise Limited (Registered number: 07129178)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2023

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.23 31.1.22
£ £
Other debtors 185 185
VAT 537 826
722 1,011

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.23 31.1.22
£ £
Bank loans and overdrafts 99 2
Trade creditors 64,005 2,621
Other creditors 92,698 55,198
Directors' loan accounts 266,813 198,873
Accruals and deferred income 650 585
424,265 257,279

Sport Tech Enterprise Limited

Report of the Accountants to the Director of
Sport Tech Enterprise Limited

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31 January 2023 set out on pages one to eight and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.






AWS Accountancy Limited
3 Berrymoor Court
Northumberland Business Park
Cramlington
Northumberland
NE23 7RZ


27 November 2023