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REGISTERED NUMBER: 05746823 (England and Wales)















Unaudited Financial Statements for the Year Ended 31st March 2024

for

Roar Betting UK Limited

Roar Betting UK Limited (Registered number: 05746823)






Contents of the Financial Statements
for the Year Ended 31st March 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Roar Betting UK Limited

Company Information
for the Year Ended 31st March 2024







DIRECTOR: D C P Ford





REGISTERED OFFICE: C/O OCG Accountants Ltd
Biz Hub Tees Valley
Belasis Hall Technology Park
Billingham
Co. Durham
TS23 4EA





REGISTERED NUMBER: 05746823 (England and Wales)





ACCOUNTANTS: OCG Accountants Ltd
Biz Hub Tees Valley
Belasis Hall Technology Park
Coxwold Way
Billingham
Co. Durham
TS23 4EA

Roar Betting UK Limited (Registered number: 05746823)

Balance Sheet
31st March 2024

2024 2023
Notes £    £   
FIXED ASSETS
Intangible assets 3 - -
Tangible assets 4 6,820 9,458
6,820 9,458

CURRENT ASSETS
Debtors 5 116,219 93,855
Cash in hand 50 50
116,269 93,905
CREDITORS
Amounts falling due within one year 6 (83,006 ) (91,291 )
NET CURRENT ASSETS 33,263 2,614
TOTAL ASSETS LESS CURRENT LIABILITIES 40,083 12,072

CREDITORS
Amounts falling due after more than one
year

7

(29,360

)

(34,535

)

PROVISIONS FOR LIABILITIES (1,296 ) (1,797 )
NET ASSETS/(LIABILITIES) 9,427 (24,260 )

CAPITAL AND RESERVES
Called up share capital 54 54
Retained earnings 9,373 (24,314 )
9,427 (24,260 )

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 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.

Roar Betting UK Limited (Registered number: 05746823)

Balance Sheet - continued
31st March 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 31st March 2025 and were signed by:





D C P Ford - Director


Roar Betting UK Limited (Registered number: 05746823)

Notes to the Financial Statements
for the Year Ended 31st March 2024

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

GOODWILL
Goodwill, being the amount paid in connection with the acquisition of a business in 0, is being amortised evenly over its estimated useful life of nil years.

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.

TANGIBLE FIXED ASSETS
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 15% 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.

HIRE PURCHASE AND LEASING COMMITMENTS
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

Roar Betting UK Limited (Registered number: 05746823)

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

2. EMPLOYEES AND DIRECTORS

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

3. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1st April 2023
and 31st March 2024 10,000
AMORTISATION
At 1st April 2023
and 31st March 2024 10,000
NET BOOK VALUE
At 31st March 2024 -
At 31st March 2023 -

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1st April 2023
and 31st March 2024 37,673
DEPRECIATION
At 1st April 2023 28,215
Charge for year 2,638
At 31st March 2024 30,853
NET BOOK VALUE
At 31st March 2024 6,820
At 31st March 2023 9,458

5. DEBTORS
2024 2023
£    £   
Amounts falling due within one year:
Other debtors 116,219 92,476
Tax - 34
116,219 92,510

Roar Betting UK Limited (Registered number: 05746823)

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

5. DEBTORS - continued
2024 2023
£    £   
Amounts falling due after more than one year:
Staff loans - 1,345

Aggregate amounts 116,219 93,855

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 5,888 14,947
Trade creditors 5,504 12,417
Tax 6,722 -
Social security and other taxes (3,998 ) 3,092
Pension fund 96 -
VAT 3,803 -
Other creditors 15,109 46,377
Directors' current accounts 46,132 14,458
Accruals and deferred income 3,750 -
83,006 91,291

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Bank loans - 2-5 years 29,360 34,535

8. RELATED PARTY DISCLOSURES

At the year end, Roar Betting UK Ltd was owed £61,781.60 (2023: £61,781.60) by Roar Consultancy Limited, an entity over which the director has control. This balance is included within other debtors (note 6).