Caseware UK (AP4) 2022.0.179 2022.0.179 2023-06-302023-06-30false2022-07-01No description of principal activity36truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 10881850 2022-07-01 2023-06-30 10881850 2021-08-01 2022-06-30 10881850 2023-06-30 10881850 2022-06-30 10881850 c:Director1 2022-07-01 2023-06-30 10881850 d:PlantMachinery 2022-07-01 2023-06-30 10881850 d:PlantMachinery 2023-06-30 10881850 d:PlantMachinery 2022-06-30 10881850 d:FurnitureFittings 2022-07-01 2023-06-30 10881850 d:FurnitureFittings 2023-06-30 10881850 d:FurnitureFittings 2022-06-30 10881850 d:OfficeEquipment 2022-07-01 2023-06-30 10881850 d:OfficeEquipment 2023-06-30 10881850 d:OfficeEquipment 2022-06-30 10881850 d:CurrentFinancialInstruments 2023-06-30 10881850 d:CurrentFinancialInstruments 2022-06-30 10881850 d:CurrentFinancialInstruments d:WithinOneYear 2023-06-30 10881850 d:CurrentFinancialInstruments d:WithinOneYear 2022-06-30 10881850 d:ShareCapital 2023-06-30 10881850 d:ShareCapital 2022-06-30 10881850 d:RetainedEarningsAccumulatedLosses 2023-06-30 10881850 d:RetainedEarningsAccumulatedLosses 2022-06-30 10881850 d:AcceleratedTaxDepreciationDeferredTax 2023-06-30 10881850 d:AcceleratedTaxDepreciationDeferredTax 2022-06-30 10881850 c:FRS102 2022-07-01 2023-06-30 10881850 c:AuditExempt-NoAccountantsReport 2022-07-01 2023-06-30 10881850 c:FullAccounts 2022-07-01 2023-06-30 10881850 c:PrivateLimitedCompanyLtd 2022-07-01 2023-06-30 iso4217:GBP xbrli:pure

Registered number: 10881850









SPORTS DATA SERVICES LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 30 JUNE 2023

 
SPORTS DATA SERVICES LIMITED
REGISTERED NUMBER: 10881850

STATEMENT OF FINANCIAL POSITION
AS AT 30 JUNE 2023

2023
2022
Note
£
£

Fixed assets
  

Tangible assets
 3 
3,189
3,189

  
3,189
3,189

Current assets
  

Debtors: amounts falling due within one year
 4 
203,869
235,929

Cash at bank and in hand
 5 
-
10,371

  
203,869
246,300

Creditors: amounts falling due within one year
 6 
175
(42,256)

Net current assets
  
 
 
204,044
 
 
204,044

Total assets less current liabilities
  
207,233
207,233

Provisions for liabilities
  

Deferred tax
  
(325)
-

  
 
 
(325)
 
 
-

Net assets
  
206,908
207,233


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
206,808
207,133

  
206,908
207,233


Page 1

 
SPORTS DATA SERVICES LIMITED
REGISTERED NUMBER: 10881850
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 30 JUNE 2023

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.

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

The Company has opted not to file the statement of comprehensive income in accordance with 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: 




P M Yeomans
Director

Date: 4 March 2024

The notes on pages 3 to 8 form part of these financial statements.

Page 2

 
SPORTS DATA SERVICES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023

1.


General information

Sports Data Services Ltd is a private company, limited by shares, registered in England and Wales, registration number 10881850. The registered office address is 101 New Cavendish Street, 1st Floor South, London, W1W 6XH.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

 
2.2

Foreign currency translation

Functional and presentation currency

The Company's functional and presentational currency is GBP.

Transactions and balances

Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions.

At each period end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined.

Foreign exchange gains and losses resulting from the settlement of transactions and from the translation at period-end exchange rates of monetary assets and liabilities denominated in foreign currencies are recognised in profit or loss except when deferred in other comprehensive income as qualifying cash flow hedges.

Foreign exchange gains and losses that relate to borrowings and cash and cash equivalents are presented in the Statement of Comprehensive Income within 'finance income or costs'. All other foreign exchange gains and losses are presented in profit or loss within 'other operating income'.

Page 3

 
SPORTS DATA SERVICES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023

2.Accounting policies (continued)

 
2.3

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
2.4

Current and deferred taxation

The tax expense for the year comprises current and deferred tax. Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the Company operates and generates income.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the reporting date, except that:
The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and
Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.

 
2.5

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Page 4

 
SPORTS DATA SERVICES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023

2.Accounting policies (continued)


2.5
Tangible fixed assets (continued)

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on a reducing balance basis.

Depreciation is provided on the following basis:

Plant and machinery
-
25%
Reducing balance method
Fixtures and fittings
-
25%
Reducing balance method
Office equipment
-
25%
Reducing balance method

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.6

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.7

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.8

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

 
2.9

Provisions for liabilities

Provisions are made where an event has taken place that gives the Company a legal or constructive obligation that probably requires settlement by a transfer of economic benefit, and a reliable estimate can be made of the amount of the obligation.
Provisions are charged as an expense to profit or loss in the year that the Company becomes aware of the obligation, and are measured at the best estimate at the reporting date of the expenditure required to settle the obligation, taking into account relevant risks and uncertainties.
When payments are eventually made, they are charged to the provision carried in the Statement of Financial Position.

Page 5

 
SPORTS DATA SERVICES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023

2.Accounting policies (continued)

 
2.10

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.


3.


Tangible fixed assets





Plant and machinery
Fixtures and fittings
Office equipment
Total

£
£
£
£



Cost or valuation


At 1 July 2022
771
133
5,514
6,418



At 30 June 2023

771
133
5,514
6,418



Depreciation


At 1 July 2022
399
69
2,761
3,229



At 30 June 2023

399
69
2,761
3,229



Net book value



At 30 June 2023
372
64
2,753
3,189



At 30 June 2022
372
64
2,753
3,189


4.


Debtors

2023
2022
£
£


Trade debtors
-
34,400

Other debtors
996
-

Amounts owed by group undertakings
202,873
201,529

203,869
235,929


Page 6

 
SPORTS DATA SERVICES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023

5.


Cash and cash equivalents

2023
2022
£
£

Cash at bank and in hand
-
10,371

-
10,371



6.


Creditors: Amounts falling due within one year

2023
2022
£
£

Trade creditors
(175)
995

Taxes and social security
-
4,451

Loan from directors
-
617

Corporation tax
-
36,193

(175)
42,256



7.


Employees

The average monthly number of employees, including directors, during the year was 3 (2022 - 6).


8.


Deferred taxation




2023


£






Charged to profit or loss
(325)



At end of year
(325)

The deferred taxation balance is made up as follows:

2023
2022
£
£


Accelerated capital allowances
(325)
-

(325)
-

Page 7

 
SPORTS DATA SERVICES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023

9.


Controlling party

The immediate parent company is PMY Technologies (UK) Limited, a company registered in England and Wales, who acquired 100% of the share capital of the company during the year.
PMY Group PTY Limited is the ultimate controlling party of the company.

 
Page 8