Company Registration No. 04405799 (England and Wales)
Bet Design Limited
Unaudited accounts
for the year ended 31 March 2024
Bet Design Limited
Statement of financial position
as at 31 March 2024
Cash at bank and in hand
20,491
28,318
Creditors: amounts falling due within one year
(11,042)
(14,668)
Net current assets
9,694
13,675
Called up share capital
2
2
Profit and loss account
9,692
13,673
Shareholders' funds
9,694
13,675
For the year ending 31 March 2024 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 his 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 28 August 2024 and were signed on its behalf by
Michael McGuiggan
Director
Company Registration No. 04405799
Bet Design Limited
Notes to the Accounts
for the year ended 31 March 2024
Bet Design Limited is a private company, limited by shares, registered in England and Wales, registration number 04405799. The registered office is Elliot Woolfe & Rose, Elizabeth House, High Street , Edgware, Middlesex, HA8 7TT.
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.
Having reviewed the resources available, the director of Bet Design Limited believes that the company has adequate resources to continue in operational existence for at least twelve months from the date of signing. The director of Bet Design believes there is no materiality uncertainty over the company's ability to meet its ongoing obligations. Accordingly, Bet Design Limited continues to adopt the going concern basis in preparing the financial statements.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the rendering of online gambling services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Amounts falling due within one year
5
Creditors: amounts falling due within one year
2024
2023
Trade creditors
1,799
1,500
Taxes and social security
8,293
12,218
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2
2
Bet Design Limited
Notes to the Accounts
for the year ended 31 March 2024
7
Average number of employees
During the year the average number of employees was 0 (2023: 0).