Caseware UK (AP4) 2023.0.135 2023.0.135 2023-09-302023-09-30false2022-09-09falseOperation of sport facilities6falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 14348609 2022-09-08 14348609 2022-09-09 2023-09-30 14348609 2021-10-01 2022-09-08 14348609 2023-09-30 14348609 c:Director6 2022-09-09 2023-09-30 14348609 d:OfficeEquipment 2022-09-09 2023-09-30 14348609 d:OfficeEquipment 2023-09-30 14348609 d:OfficeEquipment d:OwnedOrFreeholdAssets 2022-09-09 2023-09-30 14348609 d:CurrentFinancialInstruments 2023-09-30 14348609 d:CurrentFinancialInstruments d:WithinOneYear 2023-09-30 14348609 d:ShareCapital 2023-09-30 14348609 d:OtherMiscellaneousReserve 2022-09-09 2023-09-30 14348609 d:OtherMiscellaneousReserve 2023-09-30 14348609 d:RetainedEarningsAccumulatedLosses 2023-09-30 14348609 c:OrdinaryShareClass1 2022-09-09 2023-09-30 14348609 c:OrdinaryShareClass1 2023-09-30 14348609 c:FRS102 2022-09-09 2023-09-30 14348609 c:AuditExempt-NoAccountantsReport 2022-09-09 2023-09-30 14348609 c:FullAccounts 2022-09-09 2023-09-30 14348609 c:PrivateLimitedCompanyLtd 2022-09-09 2023-09-30 14348609 6 2022-09-09 2023-09-30 14348609 e:PoundSterling 2022-09-09 2023-09-30 iso4217:GBP xbrli:shares xbrli:pure
Registered number: 14348609














FOOTBALL ENTERTAINMENT GROUP LTD
UNAUDITED
FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 SEPTEMBER 2023

 
FOOTBALL ENTERTAINMENT GROUP LTD
 

CONTENTS



Page
Statement of Financial Position
 
1 - 2
Notes to the Financial Statements
 
3 - 6


 
FOOTBALL ENTERTAINMENT GROUP LTD
REGISTERED NUMBER:14348609

STATEMENT OF FINANCIAL POSITION
AS AT 30 SEPTEMBER 2023

2023
Note
£

Fixed assets
  

Tangible assets
 4 
313

Investments
 5 
10

  
323

Current assets
  

Debtors: amounts falling due within one year
 6 
71,215

Cash at bank and in hand
  
31,851

  
103,066

Current liabilities
  

Creditors: amounts falling due within one year
 7 
(41,405)

Net current assets
  
 
 
61,661

Net assets
  
61,984


Capital and reserves
  

Called up share capital 
 8 
100

Shares to be issued
 9 
337,000

Profit and loss account
 9 
(275,116)

  
61,984


The directors consider 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 period in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their 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.

Page 1

 
FOOTBALL ENTERTAINMENT GROUP LTD
REGISTERED NUMBER:14348609
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 30 SEPTEMBER 2023

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 on 9 September 2024.




E R Wilkinson
Director

The notes on pages 3 to 6 form part of these financial statements.
Page 2

 
FOOTBALL ENTERTAINMENT GROUP LTD
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 SEPTEMBER 2023

1.


General information

Football Entertainment Group Ltd is a private company, limited by shares, and incorporated in England and Wales. The business and registered office address is at C/O Preiskel & Co LLP, 4 King's Bench Walk, London, EC4Y 7DL.
The Company's principal activity is the operation of sports facilities for amusement and recreation.
The Company was incorporated on 9 September 2022 and started its operation from that date.

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 FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Exemption from preparing consolidated financial statements

The Company, and the Group headed by it, qualify as small as set out in section 383 of the Companies Act 2006 and the parent and Group are considered eligible for the exemption to prepare consolidated accounts.

 
2.3

Going concern

In the opinion of the directors the Company will be able to meet its financial obligations as and when they fall due for at least twelve months from the date the accounts are approved. Therefore, the directors have prepared the the financial statements on a going concern basis.

 
2.4

Foreign currency translation

Functional and presentation currency

The Company's functional and presentational currency is £ Sterling.

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.

Page 3

 
FOOTBALL ENTERTAINMENT GROUP LTD
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 SEPTEMBER 2023

2.Accounting policies (continued)

 
2.5

Taxation

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.

 
2.6

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.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Equipment
-
33.3% straight line

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.

 
2.7

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

 
2.8

Debtors

Short-term debtors are measured at the transaction price, less any impairment.

 
2.9

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty.

 
2.10

Creditors

Short-term creditors are measured at the transaction price.


3.


Employees

The average monthly number of employees, including directors, during the period was 6.

Page 4

 
FOOTBALL ENTERTAINMENT GROUP LTD
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 SEPTEMBER 2023

4.


Tangible fixed assets





Office equipment

£



Cost


Additions
433



At 30 September 2023

433



Depreciation


Charge for the period on owned assets
120



At 30 September 2023

120



Net book value



At 30 September 2023
313


5.


Fixed asset investments





Investments in subsidiary companies

£



Cost 


Additions
10



At 30 September 2023
10





6.


Debtors

2023
£


Other debtors
2,296

Called up share capital not paid
100

Prepayments and accrued income
68,819

71,215


Page 5

 
FOOTBALL ENTERTAINMENT GROUP LTD
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 SEPTEMBER 2023

7.


Creditors: Amounts falling due within one year

2023
£

Trade creditors
27,859

Other creditors
4,121

Accruals and deferred income
9,425

41,405



8.


Share capital

2023
£
Allotted, called up and unpaid


10,000 Ordinary shares of £0.01 each
100


On the incorporation of the Company 10,000 Ordinary shares of £0.01 each were alotted at par to provide initial working capital.


9.


Reserves

Shares to be issued

At the Statement of Financial Position date the Company has received advance subscriptions totalling £337,000 with a right to automatic future conversion to ordinary shares with no obligation to repay. Accordingly, these advance subscriptions have been recognised as equity.

 
Page 6