Caseware UK (AP4) 2024.0.164 2024.0.164 2024-09-302024-09-30No description of principal activityThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.falsetrue2023-10-013632falsefalse 00885118 2023-10-01 2024-09-30 00885118 2022-10-01 2023-09-30 00885118 2024-09-30 00885118 2023-09-30 00885118 c:Director1 2023-10-01 2024-09-30 00885118 d:Buildings 2023-10-01 2024-09-30 00885118 d:Buildings 2024-09-30 00885118 d:Buildings 2023-09-30 00885118 d:Buildings d:OwnedOrFreeholdAssets 2023-10-01 2024-09-30 00885118 d:Buildings d:LongLeaseholdAssets 2023-10-01 2024-09-30 00885118 d:Buildings d:LongLeaseholdAssets 2024-09-30 00885118 d:Buildings d:LongLeaseholdAssets 2023-09-30 00885118 d:MotorVehicles 2023-10-01 2024-09-30 00885118 d:MotorVehicles 2024-09-30 00885118 d:MotorVehicles 2023-09-30 00885118 d:MotorVehicles d:OwnedOrFreeholdAssets 2023-10-01 2024-09-30 00885118 d:FurnitureFittings 2023-10-01 2024-09-30 00885118 d:FurnitureFittings 2024-09-30 00885118 d:FurnitureFittings 2023-09-30 00885118 d:FurnitureFittings d:OwnedOrFreeholdAssets 2023-10-01 2024-09-30 00885118 d:OwnedOrFreeholdAssets 2023-10-01 2024-09-30 00885118 d:PatentsTrademarksLicencesConcessionsSimilar 2023-10-01 2024-09-30 00885118 d:PatentsTrademarksLicencesConcessionsSimilar 2024-09-30 00885118 d:PatentsTrademarksLicencesConcessionsSimilar 2023-09-30 00885118 d:Goodwill 2023-10-01 2024-09-30 00885118 d:Goodwill 2024-09-30 00885118 d:Goodwill 2023-09-30 00885118 d:CurrentFinancialInstruments 2024-09-30 00885118 d:CurrentFinancialInstruments 2023-09-30 00885118 d:Non-currentFinancialInstruments 2024-09-30 00885118 d:Non-currentFinancialInstruments 2023-09-30 00885118 d:CurrentFinancialInstruments d:WithinOneYear 2024-09-30 00885118 d:CurrentFinancialInstruments d:WithinOneYear 2023-09-30 00885118 d:Non-currentFinancialInstruments d:AfterOneYear 2024-09-30 00885118 d:Non-currentFinancialInstruments d:AfterOneYear 2023-09-30 00885118 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2024-09-30 00885118 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2023-09-30 00885118 d:ShareCapital 2024-09-30 00885118 d:ShareCapital 2023-09-30 00885118 d:RetainedEarningsAccumulatedLosses 2024-09-30 00885118 d:RetainedEarningsAccumulatedLosses 2023-09-30 00885118 c:FRS102 2023-10-01 2024-09-30 00885118 c:AuditExempt-NoAccountantsReport 2023-10-01 2024-09-30 00885118 c:FullAccounts 2023-10-01 2024-09-30 00885118 c:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 00885118 d:PatentsTrademarksLicencesConcessionsSimilar d:ExternallyAcquiredIntangibleAssets 2023-10-01 2024-09-30 00885118 d:Goodwill d:ExternallyAcquiredIntangibleAssets 2023-10-01 2024-09-30 00885118 2 2023-10-01 2024-09-30 00885118 d:ExternallyAcquiredIntangibleAssets 2023-10-01 2024-09-30 00885118 d:Goodwill d:OwnedIntangibleAssets 2023-10-01 2024-09-30 00885118 d:PatentsTrademarksLicencesConcessionsSimilar d:OwnedIntangibleAssets 2023-10-01 2024-09-30 00885118 e:PoundSterling 2023-10-01 2024-09-30 iso4217:GBP xbrli:pure

Registered number: 00885118










S & D BOOKMAKERS LIMITED








UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2024

 
S & D BOOKMAKERS LIMITED
REGISTERED NUMBER: 00885118

BALANCE SHEET
AS AT 30 SEPTEMBER 2024

2024
2023
Note
£
£

Fixed assets
  

Intangible fixed assets
 4 
118,058
145,225

Tangible fixed assets
 5 
558,182
506,708

  
676,240
651,933

Current assets
  

Debtors: amounts falling due within one year
 6 
122,028
110,108

Cash at bank and in hand
  
682,666
537,731

  
804,694
647,839

Creditors: amounts falling due within one year
 7 
(316,020)
(385,850)

Net current assets
  
 
 
488,674
 
 
261,989

Total assets less current liabilities
  
1,164,914
913,922

Creditors: amounts falling due after more than one year
 8 
(7,904)
(17,620)

Provisions for liabilities
  

Deferred tax
  
-
(13,880)

Net assets
  
1,157,010
882,422


Capital and reserves
  

Called up share capital 
  
200
200

Profit and loss account
  
1,156,810
882,222

  
1,157,010
882,422


Page 1

 
S & D BOOKMAKERS LIMITED
REGISTERED NUMBER: 00885118
    
BALANCE SHEET (CONTINUED)
AS AT 30 SEPTEMBER 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 comprehensive income 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 by: 




................................................
Mr R J Speechley
Director

Date: 24 June 2025

The notes on pages 3 to 11 form part of these financial statements.

Page 2

 
S & D BOOKMAKERS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

1.


General information

S & D Bookmakers Limited (“the Company”) is a private company limited by shares incorporated in England and Wales under the Companies Act.
The registered number and address of the registered office is given in the company information.
The functional and presentational currency of the Company is pounds sterling (£) and rounded to the nearest whole pound.

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

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.

Page 3

 
S & D BOOKMAKERS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

2.Accounting policies (continued)

 
2.3

Interest income

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

 
2.4

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.

 
2.5

Borrowing costs

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

  
2.6

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 other creditors as a liability in the Balance Sheet. The assets of the plan are held separately from the Company in independently administered funds.

 
2.7

Current and deferred taxation

The tax expense for the year comprises current and deferred tax. Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the balance sheet date, except that:
The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and
Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the balance sheet date.


Page 4

 
S & D BOOKMAKERS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

2.Accounting policies (continued)

 
2.8

Intangible assets

Intangible assets are initially recognised at cost. After recognition, under the cost model, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

All intangible assets are considered to have a finite useful life. If a reliable estimate of the useful life cannot be made, the useful life shall not exceed ten years.

 
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.

At each reporting date the Company assesses whether there is any indication of impairment. If such indication exists, the recoverable amount of the asset is determined which is the higher of its fair value less costs to sell and its value in use. An impairment loss is recognised where the carrying amount exceeds the recoverable amount.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on a reducing balance and straight line basis.

Depreciation is provided on the following basis:

Freehold property
-
2%
straight line
Long-term leasehold property
-
10%
straight line
Motor vehicles
-
25%
reducing balance
Fixtures and fittings
-
15%
reducing balance

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

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.

 
2.11

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.

Page 5

 
S & D BOOKMAKERS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

2.Accounting policies (continued)

 
2.12

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.

 
2.13

Financial instruments

The Company has elected to apply the provisions of Section 11 “Basic Financial Instruments” of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the Company's Balance Sheet when the Company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include trade and other debtors, cash and bank balances, are initially measured at their transaction price (adjusted for transaction costs except in the initial measurement of financial assets that are subsequently measured at fair value through profit and loss) and are subsequently carried at their amortised cost using the effective interest method, less any provision for impairment, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

Discounting is omitted where the effect of discounting is immaterial. The Company's cash and cash equivalents, trade and most other debtors due with the operating cycle fall into this category of financial instruments.

Financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after the deduction of all its liabilities.

Basic financial liabilities, which include trade and other creditors, bank loans and other loans are initially measured at their transaction price (adjusting for transaction costs except in the initial measurement of financial liabilities that are subsequently measured at fair value through profit and loss). When this constitutes a financing transaction, whereby the debt instrument is measured at the present value of the future payments discounted at a market rate of interest, discounting is omitted where the effect of discounting is immaterial.

Debt instruments are subsequently carried at their amortised cost using the effective interest rate method.

Trade creditors are obligations to pay for goods and services that have been acquired in the ordinary course of business from suppliers. Trade creditors are classified as current liabilities if the payment is due within one year. If not, they represent non-current liabilities. Trade creditors are initially recognised at their transaction price and subsequently are measured at amortised cost using the effective interest method. Discounting is omitted where the effect of discounting is immaterial.

Page 6

 
S & D BOOKMAKERS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

2.Accounting policies (continued)


2.13
Financial instruments (continued)

Derecognition of financial instruments

Derecognition of financial assets

Financial assets are derecognised when their contractual right to future cash flow expire, or are settled, or when the Company transfers the asset and substantially all the risks and rewards of ownership to another party. If significant risks and rewards of ownership are retained after the transfer to another party, then the Company will continue to recognise the value of the portion of the risks and rewards retained.

Derecognition of financial liabilities

Financial liabilities are derecognised when the Company's contractual obligations expire or are discharged or cancelled.

 
2.14

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.


3.


Employees

The average monthly number of employees, including directors, during the year was 36 (2023 - 32).

Page 7

 
S & D BOOKMAKERS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

4.


Intangible assets




Other
Goodwill
Total

£
£
£



Cost


At 1 October 2023
299,813
66,000
365,813


Additions
5,248
-
5,248


Disposals
(1,000)
-
(1,000)



At 30 September 2024

304,061
66,000
370,061



Amortisation


At 1 October 2023
154,588
66,000
220,588


Charge for the year on owned assets
31,832
-
31,832


On disposals
(417)
-
(417)



At 30 September 2024

186,003
66,000
252,003



Net book value



At 30 September 2024
118,058
-
118,058



At 30 September 2023
145,225
-
145,225



Page 8

 
S & D BOOKMAKERS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

5.


Tangible fixed assets





Freehold property
Long-term leasehold property
Motor vehicles
Fixtures and fittings
Total

£
£
£
£
£



Cost


At 1 October 2023
586,223
79,415
39,333
143,752
848,723


Additions
-
-
51,800
40,627
92,427


Disposals
-
-
(24,415)
-
(24,415)



At 30 September 2024

586,223
79,415
66,718
184,379
916,735



Depreciation


At 1 October 2023
207,377
32,019
34,291
68,328
342,015


Charge for the year on owned assets
11,724
7,502
4,537
13,067
36,830


Disposals
-
-
(20,292)
-
(20,292)



At 30 September 2024

219,101
39,521
18,536
81,395
358,553



Net book value



At 30 September 2024
367,122
39,894
48,182
102,984
558,182



At 30 September 2023
378,846
47,396
5,042
75,424
506,708


6.


Debtors

2024
2023
£
£


Trade debtors
-
520

Other debtors
62,366
61,179

Prepayments and accrued income
59,662
48,409

122,028
110,108


Page 9

 
S & D BOOKMAKERS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

7.


Creditors: Amounts falling due within one year

2024
2023
£
£

Bank loans
10,311
9,880

Trade creditors
34,831
39,978

Amounts owed to group undertakings
-
56,194

Corporation tax
100,386
98,187

Other taxation and social security
13,833
12,973

Other creditors
81,330
75,178

Accruals and deferred income
75,329
93,460

316,020
385,850


Bank loans falling due within one year of £10,311 (2023: £9,880) are secured by the company.
Amounts owed to group undertakings are unsecured, interest free and repayable on demand.


8.


Creditors: Amounts falling due after more than one year

2024
2023
£
£

Bank loans
7,904
17,620


Bank loans falling due after more than one year of £7,904 (2023: £17,620) are secured by the company.


9.


Loans


Analysis of the maturity of loans is given below:


2024
2023
£
£

Amounts falling due within 1 year

Bank loans
10,311
9,880

Amounts falling due 1-2 years

Bank loans
7,904
17,620



18,215
27,500


Page 10

 
S & D BOOKMAKERS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

10.


Pension commitments

The company operates a defined contributions pension scheme. The assets of the scheme are held seperately from those of the company in an independantly administered fund. Contributions totalling £5,036 (2023: £4,477) were payable to the fund at the balance sheet date.


11.


Transactions with directors

During the year, advances were made to a director totalling £nil (2023: £nil) and repayments totalled £200 (2023: £nil). The amount owed by a director at the year end totalled £62,366 (2023: £61,179), which is shown within other debtors. Interest of £1,387 (2023: £nil) has been charged to this loan. The loan is repayable on demand.


12.


Controlling party

The Company's immediate and ultimate parent company is Speechley Holdings Limited, a company incorporated in England and Wales, and holding all of the issued ordinary shares in this company.  The registered office of Speechley Holdings Limited is 29 Main Street, Yaxley, Peterborough, PE7 3LZ.

 
Page 11