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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
2024 
2023 
Notes
£ 
£ 
Current assets
Debtors
245 
25 
Cash at bank and in hand
20,491 
28,318 
20,736 
28,343 
Creditors: amounts falling due within one year
(11,042)
(14,668)
Net current assets
9,694 
13,675 
Net assets
9,694 
13,675 
Capital and reserves
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
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Bet Design Limited Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Going concern
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
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.
4
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
245 
25 
5
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Trade creditors
1,799 
1,500 
Taxes and social security
8,293 
12,218 
Accruals
950 
950 
11,042 
14,668 
6
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2 
2 
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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).
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