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REGISTERED NUMBER: 10231832 (England and Wales)






















Unaudited Financial Statements

for the Year Ended 29 June 2024

for

Football Billionaire Limited

Football Billionaire Limited (Registered number: 10231832)






Contents of the Financial Statements
for the year ended 29 June 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3

Chartered Accountants' Report 6

Football Billionaire Limited

Company Information
for the year ended 29 June 2024







DIRECTORS: R K Sharma
S B Sharma





REGISTERED OFFICE: C/O Bennett Brooks & Co Limited
Maple Court
Davenport Street
Macclesfield
Cheshire
SK10 1JE





REGISTERED NUMBER: 10231832 (England and Wales)





ACCOUNTANTS: Bennett Brooks & Co Ltd
Chartered Accountants
2 Maple Court
Davenport Street
Macclesfield
Cheshire
SK10 1JE

Football Billionaire Limited (Registered number: 10231832)

Balance Sheet
29 June 2024

2024 2023
Notes £ £
FIXED ASSETS
Intangible assets 4 33,574 30,515

CURRENT ASSETS
Stocks 200,891 240,646
Debtors 5 7,003 48,703
Cash at bank 62,853 56,362
270,747 345,711
CREDITORS
Amounts falling due within one year 6 (244,624 ) (309,917 )
NET CURRENT ASSETS 26,123 35,794
TOTAL ASSETS LESS CURRENT
LIABILITIES

59,697

66,309

CREDITORS
Amounts falling due after more than one year 7 (4,075 ) (8,707 )
NET ASSETS 55,622 57,602

CAPITAL AND RESERVES
Called up share capital 8 1 1
Retained earnings 55,621 57,601
SHAREHOLDERS' FUNDS 55,622 57,602

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 June 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 June 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

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 Board of Directors and authorised for issue on 20 September 2024 and were signed on its behalf by:





R K Sharma - Director


Football Billionaire Limited (Registered number: 10231832)

Notes to the Financial Statements
for the year ended 29 June 2024

1. STATUTORY INFORMATION

Football Billionaire 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.

Related party exemption
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Trademarks and associated costs are being amortised evenly over their estimated useful life of ten years.

Design costs are being amortised evenly over their estimated useful life of five years.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred 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 or deferred 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.

Share capital
Ordinary shares are classed as equity.

Short term debtors and creditors
Short term debtors and creditors with no stated interest rate are recorded at transaction price. Any losses arising from impairment are recognised in the Income Statement.

Cash and cash equivalents
Cash and cash equivalents includes cash in hand, cash held with banks and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

Football Billionaire Limited (Registered number: 10231832)

Notes to the Financial Statements - continued
for the year ended 29 June 2024

4. INTANGIBLE FIXED ASSETS
Design
Trademarks costs Totals
£ £ £
COST
At 30 June 2023 8,332 71,787 80,119
Additions - 17,578 17,578
At 29 June 2024 8,332 89,365 97,697
AMORTISATION
At 30 June 2023 4,598 45,006 49,604
Amortisation for year 834 13,685 14,519
At 29 June 2024 5,432 58,691 64,123
NET BOOK VALUE
At 29 June 2024 2,900 30,674 33,574
At 29 June 2023 3,734 26,781 30,515

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£ £
Trade debtors 1,361 6,535
Other debtors - 8,349
VAT 3,278 -
Prepayments 2,364 33,819
7,003 48,703

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£ £
Bank loans and overdrafts 4,358 4,126
Trade creditors 9,313 7,129
Amounts owed to group undertakings 69,999 69,999
Tax 2,746 2,780
Social security & other taxes 9,901 9,901
VAT - 12,725
Other creditors 51,451 -
Directors' current accounts 94,806 201,957
Accrued expenses 2,050 1,300
244,624 309,917

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£ £
Bank loans 4,075 8,707

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £ £
1 Ordinary £1 1 1

Football Billionaire Limited (Registered number: 10231832)

Notes to the Financial Statements - continued
for the year ended 29 June 2024

9. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

At the reporting date the company owed the director £94,806 (2023: £201,957) which is repayable on demand and attracts no interest.

10. ULTIMATE PARENT COMPANY

Jamodu Limited is regarded by the director as being the company's ultimate parent company.

Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
Football Billionaire Limited

The following reproduces the text of the report prepared for the directors 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 Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Football Billionaire Limited for the year ended 29 June 2024 which comprise the Income Statement, Balance Sheet, Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Football Billionaire Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Football Billionaire Limited and state those matters that we have agreed to state to the Board of Directors of Football Billionaire Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Football Billionaire Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Football Billionaire Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Football Billionaire Limited. You consider that Football Billionaire Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Football Billionaire Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Bennett Brooks & Co Ltd
Chartered Accountants
2 Maple Court
Davenport Street
Macclesfield
Cheshire
SK10 1JE


20 September 2024