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REGISTERED NUMBER: 02982413 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 October 2024

for

BETPOINT (CREDIT) LIMITED

BETPOINT (CREDIT) LIMITED (Registered number: 02982413)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


BETPOINT (CREDIT) LIMITED

Company Information
for the Year Ended 31 October 2024







DIRECTOR: Deborah Milford





SECRETARY: Clare Jane Horton





REGISTERED OFFICE: The Annex, Technology House
Station Road
Alton
Hampshire
GU34 2PZ





REGISTERED NUMBER: 02982413 (England and Wales)





ACCOUNTANTS: Creasey Alexander & Co.
Parkgate House
33a Pratt Street
London
NW1 0BG

BETPOINT (CREDIT) LIMITED (Registered number: 02982413)

Balance Sheet
31 October 2024

31.10.24 31.10.23
Notes £    £    £   
FIXED ASSETS
Intangible assets 4 1,906 2,858

CURRENT ASSETS
Debtors 5 14,564 13,561
Cash at bank 2,915 270
17,479 13,831
CREDITORS
Amounts falling due within one year 6 19,338 19,336
NET CURRENT LIABILITIES (1,859 ) (5,505 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

47

(2,647

)

CAPITAL AND RESERVES
Called up share capital 2,597 2,597
Share premium 81,721 81,721
Retained earnings (84,271 ) (86,965 )
SHAREHOLDERS' FUNDS 47 (2,647 )

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

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

The director acknowledges her 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.

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 26 June 2025 and were signed by:





Deborah Milford - Director


BETPOINT (CREDIT) LIMITED (Registered number: 02982413)

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

1. STATUTORY INFORMATION

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

Goodwill
Goodwill is amortised at 10% per annum.

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.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

BETPOINT (CREDIT) LIMITED (Registered number: 02982413)

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

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 November 2023
and 31 October 2024 9,526
AMORTISATION
At 1 November 2023 6,668
Charge for year 952
At 31 October 2024 7,620
NET BOOK VALUE
At 31 October 2024 1,906
At 31 October 2023 2,858

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.24 31.10.23
£    £   
Trade debtors 12,314 11,311
Other debtors 2,250 2,250
14,564 13,561

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.24 31.10.23
£    £   
Trade creditors 14 -
Other creditors 19,324 19,336
19,338 19,336