Caseware UK (AP4) 2023.0.135 2023.0.135 2024-01-312024-01-31The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false2023-02-01No description of principal activity2017falsetruefalse 11789498 2023-02-01 2024-01-31 11789498 2022-01-01 2023-01-31 11789498 2024-01-31 11789498 2023-01-31 11789498 c:Director1 2023-02-01 2024-01-31 11789498 d:PlantMachinery 2023-02-01 2024-01-31 11789498 d:PlantMachinery 2024-01-31 11789498 d:PlantMachinery 2023-01-31 11789498 d:PlantMachinery d:OwnedOrFreeholdAssets 2023-02-01 2024-01-31 11789498 d:OfficeEquipment 2023-02-01 2024-01-31 11789498 d:OfficeEquipment 2024-01-31 11789498 d:OfficeEquipment 2023-01-31 11789498 d:OfficeEquipment d:OwnedOrFreeholdAssets 2023-02-01 2024-01-31 11789498 d:ComputerEquipment 2023-02-01 2024-01-31 11789498 d:ComputerEquipment 2024-01-31 11789498 d:ComputerEquipment 2023-01-31 11789498 d:ComputerEquipment d:OwnedOrFreeholdAssets 2023-02-01 2024-01-31 11789498 d:OwnedOrFreeholdAssets 2023-02-01 2024-01-31 11789498 d:CurrentFinancialInstruments 2024-01-31 11789498 d:CurrentFinancialInstruments 2023-01-31 11789498 d:Non-currentFinancialInstruments 2024-01-31 11789498 d:Non-currentFinancialInstruments 2023-01-31 11789498 d:CurrentFinancialInstruments d:WithinOneYear 2024-01-31 11789498 d:CurrentFinancialInstruments d:WithinOneYear 2023-01-31 11789498 d:Non-currentFinancialInstruments d:AfterOneYear 2024-01-31 11789498 d:Non-currentFinancialInstruments d:AfterOneYear 2023-01-31 11789498 d:Non-currentFinancialInstruments d:MoreThanFiveYears 2024-01-31 11789498 d:Non-currentFinancialInstruments d:MoreThanFiveYears 2023-01-31 11789498 d:ShareCapital 2024-01-31 11789498 d:ShareCapital 2023-01-31 11789498 d:OtherMiscellaneousReserve 2024-01-31 11789498 d:OtherMiscellaneousReserve 2023-01-31 11789498 d:RetainedEarningsAccumulatedLosses 2024-01-31 11789498 d:RetainedEarningsAccumulatedLosses 2023-01-31 11789498 c:FRS102 2023-02-01 2024-01-31 11789498 c:AuditExempt-NoAccountantsReport 2023-02-01 2024-01-31 11789498 c:FullAccounts 2023-02-01 2024-01-31 11789498 c:PrivateLimitedCompanyLtd 2023-02-01 2024-01-31 11789498 2 2023-02-01 2024-01-31 11789498 6 2023-02-01 2024-01-31 11789498 e:PoundSterling 2023-02-01 2024-01-31 iso4217:GBP xbrli:pure

Registered number: 11789498









SUPER LEAGUE INTERNATIONAL LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 JANUARY 2024

 
SUPER LEAGUE INTERNATIONAL LIMITED
REGISTERED NUMBER: 11789498

BALANCE SHEET
AS AT 31 JANUARY 2024

2024
As resated
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
41,250
30,364

Investments
 5 
986,547
986,547

  
1,027,797
1,016,911

Current assets
  

Debtors
 6 
5,137,707
930,147

Cash at bank and in hand
 7 
534,627
292,674

  
5,672,334
1,222,821

Creditors: amounts falling due within one year
 8 
(1,480,937)
(1,640,655)

Net current assets/(liabilities)
  
 
 
4,191,397
 
 
(417,834)

Total assets less current liabilities
  
5,219,194
599,077

Creditors: amounts falling due after more than one year
 9 
(4,545,462)
-

  

Net assets
  
673,732
599,077


Capital and reserves
  

Called up share capital 
  
1
1

Other reserves
  
704,878
704,878

Profit and loss account
  
(31,147)
(105,802)

  
673,732
599,077


Page 1

 
SUPER LEAGUE INTERNATIONAL LIMITED
REGISTERED NUMBER: 11789498
    
BALANCE SHEET (CONTINUED)
AS AT 31 JANUARY 2024

The director considers 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 year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his 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.

The Company has opted not to file the statement of income and retained earnings 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 31 January 2025.




M G D'Hulst
Director

The notes on pages 3 to 9 form part of these financial statements.

Page 2

 
SUPER LEAGUE INTERNATIONAL LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024

1.


General information

Super League International Limited is a private company limited by shares. The company was incorporated in the United Kingdom and is registered in England and Wales. The registered office address is Office 3.20 Scott House, Suite 1, The Concourse, Waterloo Station, London, England, SE1 7LY. The registration number is 11789498. 

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

Foreign currency translation

Functional and presentation currency

The Company's functional and presentational currency is GBP.

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.

Foreign exchange gains and losses resulting from the settlement of transactions and from the translation at period-end exchange rates of monetary assets and liabilities denominated in foreign currencies are recognised in profit or loss except when deferred in other comprehensive income as qualifying cash flow hedges.

Foreign exchange gains and losses that relate to borrowings and cash and cash equivalents are presented in the Statement of Income and Retained Earnings within 'finance income or costs'. All other foreign exchange gains and losses are presented in profit or loss within 'other operating income'.

Page 3

 
SUPER LEAGUE INTERNATIONAL LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024

2.Accounting policies (continued)

 
2.3

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Sale of goods

Revenue from the sale of goods is recognised when all of the following conditions are satisfied:
the Company has transferred the significant risks and rewards of ownership to the buyer;
the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the transaction; and
the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
2.4

Operating leases: the Company as lessee

Rentals paid under operating leases are charged to profit or loss on a straight-line basis over the lease term.

Benefits received and receivable as an incentive to sign an operating lease are recognised on a straight-line basis over the lease term, unless another systematic basis is representative of the time pattern of the lessee's benefit from the use of the leased asset.

 
2.5

Interest income

Interest income is recognised in profit or loss using the effective interest method.

 
2.6

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

Page 4

 
SUPER LEAGUE INTERNATIONAL LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024

2.Accounting policies (continued)

 
2.7

Borrowing costs

All borrowing costs are recognised in profit or loss in the year in which they are incurred.

 
2.8

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Balance Sheet. The assets of the plan are held separately from the Company in independently administered funds.

 
2.9

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:

Plant and machinery
-
33%
Office equipment
-
33%
Computer equipment
-
33%

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.

 
2.10

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

 
2.11

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

Page 5

 
SUPER LEAGUE INTERNATIONAL LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024

2.Accounting policies (continued)

 
2.12

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.13

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.


3.


Employees

The average monthly number of employees, including directors, during the year was 20 (2023 - 17).


4.


Tangible fixed assets





Plant and machinery
Office equipment
Computer equipment
Total

£
£
£
£



Cost or valuation


At 1 February 2023
56,630
1,790
38,006
96,426


Additions
24,243
-
24,994
49,237



At 31 January 2024

80,873
1,790
63,000
145,663



Depreciation


At 1 February 2023
43,915
1,424
20,723
66,062


Charge for the year on owned assets
25,331
366
12,654
38,351



At 31 January 2024

69,246
1,790
33,377
104,413



Net book value



At 31 January 2024
11,627
-
29,623
41,250



At 31 January 2023
12,715
366
17,283
30,364

Page 6

 
SUPER LEAGUE INTERNATIONAL LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024

5.


Fixed asset investments





Investments in subsidiary companies

£



Cost or valuation


At 1 February 2023
986,547



At 31 January 2024
986,547





6.


Debtors

2024
As restated
2023
£
£



Trade debtors
88,350
66,890

Amounts owed by group undertakings
4,671,356
473,814

Other debtors
349,374
359,741

Prepayments and accrued income
14,210
29,702

Tax recoverable
14,417
-

5,137,707
930,147



7.


Cash and cash equivalents

2024
As restated
2023
£
£

Cash at bank and in hand
534,627
292,674

534,627
292,674


Page 7

 
SUPER LEAGUE INTERNATIONAL LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024

8.


Creditors: Amounts falling due within one year

2024
As restated
2023
£
£

Trade creditors
435,754
672,753

Corporation tax
14,417
-

Other taxation and social security
53,275
39,553

Other creditors
898,991
902,777

Accruals and deferred income
78,500
25,572

1,480,937
1,640,655



9.


Creditors: Amounts falling due after more than one year

2024
As restated
2023
£
£

Other loans
4,545,462
-

4,545,462
-



10.


Loans


Analysis of the maturity of loans is given below:


2024
2023
£
£




Amounts falling due after more than 5 years

Other loans
4,545,462
-

4,545,462
-

4,545,462
-


Loans falling due after more than 5 years are due for repayment by 28 February 2033 and accrue interest of 3.5% per annum. 

Page 8

 
SUPER LEAGUE INTERNATIONAL LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024

11.


Pension commitments

The company operates a defined contributions pension scheme. The assets of the scheme are held separately from those of the company in an independently administered fund. The pension cost charge represents contributions payable by the company to the fund and amounted to £37,562 (2023: £32,583). Contributions totalling £Nil (2023: £3,094) were payable to the fund at the balance sheet date and are included in other creditors.


12.


Related party transactions

The company has taken exemption from disclosing related party transactions between wholly owned group members under paragraph 33.1A of FRS 102.
At the year end, included within other debtors is an amount of £50,716
 (2023: £49,600) owed by the director to the company.

 
Page 9