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REGISTERED NUMBER: 08936216 (England and Wales)















Unaudited Financial Statements

for the Year Ended

31 January 2024

for

Sporting Edge Digital Limited

Sporting Edge Digital Limited (Registered number: 08936216)

Contents of the Financial Statements
for the Year Ended 31 January 2024










Page

Company Information 1

Chartered Accountants' Report 2

Balance Sheet 3

Notes to the Financial Statements 5


Sporting Edge Digital Limited

Company Information
for the Year Ended 31 January 2024







DIRECTOR: J N Snape





SECRETARY: J Snape





REGISTERED OFFICE: Innovation Centre
Airfield Business Park
Wellington Way
Market Harborough
Leicestershire
LE16 7WB





REGISTERED NUMBER: 08936216 (England and Wales)





ACCOUNTANTS: The Rowleys Partnership Ltd
Chartered Accountants
Charnwood House
Harcourt Way
Meridian Business Park
Leicester
Leicestershire
LE19 1WP

Chartered Accountants' Report to the Director
on the Unaudited Financial Statements of
Sporting Edge Digital Limited


The following reproduces the text of the report prepared for the director 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 Director 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 Sporting Edge Digital Limited for the year ended 31 January 2024 which comprise the Income Statement, Balance Sheet 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 director of Sporting Edge Digital Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Sporting Edge Digital Limited and state those matters that we have agreed to state to the director of Sporting Edge Digital Limited 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 Sporting Edge Digital Limited and its director for our work or for this report.

It is your duty to ensure that Sporting Edge Digital 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 Sporting Edge Digital Limited. You consider that Sporting Edge Digital 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 Sporting Edge Digital 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.






The Rowleys Partnership Ltd
Chartered Accountants
Charnwood House
Harcourt Way
Meridian Business Park
Leicester
Leicestershire
LE19 1WP


31 July 2024

Sporting Edge Digital Limited (Registered number: 08936216)

Balance Sheet
31 January 2024

31.1.24 31.1.23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 106,724 141,327
Tangible assets 5 448 896
107,172 142,223

CURRENT ASSETS
Debtors 6 41,891 27,519
Cash at bank 1,734 3,232
43,625 30,751
CREDITORS
Amounts falling due within one year 7 113,620 124,199
NET CURRENT LIABILITIES (69,995 ) (93,448 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

37,177

48,775

PROVISIONS FOR LIABILITIES 26,572 31,842
NET ASSETS 10,605 16,933

CAPITAL AND RESERVES
Called up share capital 8 100 100
Capital redemption reserve 18 18
Retained earnings 10,487 16,815
SHAREHOLDERS' FUNDS 10,605 16,933

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

Sporting Edge Digital Limited (Registered number: 08936216)

Balance Sheet - continued
31 January 2024


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 director and authorised for issue on 31 July 2024 and were signed by:





J N Snape - Director


Sporting Edge Digital Limited (Registered number: 08936216)

Notes to the Financial Statements
for the Year Ended 31 January 2024


1. STATUTORY INFORMATION

Sporting Edge Digital 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.

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.

Turnover
Turnover represents net invoiced sale of services, excluding value added tax. Sales are recognised in line with the period of service provided.

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.

Computer software is being amortised evenly over its estimated useful life of five years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Computer equipment - 25% on cost

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.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Sporting Edge Digital Limited (Registered number: 08936216)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2024


2. ACCOUNTING POLICIES - continued

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Going concern
The company relies on the continuing support of its director. The director has agreed to continue to support the company for the foreseeable future as necessary.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2023 - 5 ) .

4. INTANGIBLE FIXED ASSETS
Computer
software
£   
COST
At 1 February 2023 727,530
Additions 36,970
At 31 January 2024 764,500
AMORTISATION
At 1 February 2023 586,203
Amortisation for year 71,573
At 31 January 2024 657,776
NET BOOK VALUE
At 31 January 2024 106,724
At 31 January 2023 141,327

Sporting Edge Digital Limited (Registered number: 08936216)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2024


5. TANGIBLE FIXED ASSETS
Computer
equipment
£   
COST
At 1 February 2023
and 31 January 2024 5,870
DEPRECIATION
At 1 February 2023 4,974
Charge for year 448
At 31 January 2024 5,422
NET BOOK VALUE
At 31 January 2024 448
At 31 January 2023 896

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.24 31.1.23
£    £   
Trade debtors 41,891 27,324
Directors' current accounts - 195
41,891 27,519

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.24 31.1.23
£    £   
Trade creditors 3,600 28,410
Corporation tax 2,293 -
Social security and other taxes 12,637 10,017
VAT 26,811 20,475
Other creditors 61,025 54,163
Accruals and deferred income 7,254 11,134
113,620 124,199

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.1.24 31.1.23
value: £    £   
100 Ordinary £1 100 100