Caseware UK (AP4) 2024.0.164 2024.0.164 2025-02-282025-02-2812024-03-01falseThe principal activity is that of online spots media.2truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 13266074 2024-03-01 2025-02-28 13266074 2023-03-01 2024-02-29 13266074 2025-02-28 13266074 2024-02-29 13266074 c:Director2 2024-03-01 2025-02-28 13266074 d:MotorVehicles 2024-03-01 2025-02-28 13266074 d:MotorVehicles 2025-02-28 13266074 d:MotorVehicles 2024-02-29 13266074 d:MotorVehicles d:OwnedOrFreeholdAssets 2024-03-01 2025-02-28 13266074 d:OfficeEquipment 2024-03-01 2025-02-28 13266074 d:OfficeEquipment 2025-02-28 13266074 d:OfficeEquipment 2024-02-29 13266074 d:OfficeEquipment d:OwnedOrFreeholdAssets 2024-03-01 2025-02-28 13266074 d:OwnedOrFreeholdAssets 2024-03-01 2025-02-28 13266074 d:ComputerSoftware 2025-02-28 13266074 d:ComputerSoftware 2024-02-29 13266074 d:CurrentFinancialInstruments 2025-02-28 13266074 d:CurrentFinancialInstruments 2024-02-29 13266074 d:Non-currentFinancialInstruments 2025-02-28 13266074 d:Non-currentFinancialInstruments 2024-02-29 13266074 d:CurrentFinancialInstruments d:WithinOneYear 2025-02-28 13266074 d:CurrentFinancialInstruments d:WithinOneYear 2024-02-29 13266074 d:Non-currentFinancialInstruments d:AfterOneYear 2025-02-28 13266074 d:Non-currentFinancialInstruments d:AfterOneYear 2024-02-29 13266074 d:ShareCapital 2025-02-28 13266074 d:ShareCapital 2024-02-29 13266074 d:SharePremium 2025-02-28 13266074 d:SharePremium 2024-02-29 13266074 d:RetainedEarningsAccumulatedLosses 2025-02-28 13266074 d:RetainedEarningsAccumulatedLosses 2024-02-29 13266074 c:OrdinaryShareClass1 2024-03-01 2025-02-28 13266074 c:OrdinaryShareClass1 2024-02-29 13266074 c:OrdinaryShareClass2 2024-03-01 2025-02-28 13266074 c:OrdinaryShareClass2 2025-02-28 13266074 c:OrdinaryShareClass3 2024-03-01 2025-02-28 13266074 c:OrdinaryShareClass3 2025-02-28 13266074 c:OrdinaryShareClass4 2024-03-01 2025-02-28 13266074 c:OrdinaryShareClass4 2025-02-28 13266074 c:FRS102 2024-03-01 2025-02-28 13266074 c:AuditExempt-NoAccountantsReport 2024-03-01 2025-02-28 13266074 c:FullAccounts 2024-03-01 2025-02-28 13266074 c:PrivateLimitedCompanyLtd 2024-03-01 2025-02-28 13266074 d:HirePurchaseContracts d:WithinOneYear 2025-02-28 13266074 d:HirePurchaseContracts d:WithinOneYear 2024-02-29 13266074 d:HirePurchaseContracts d:BetweenOneFiveYears 2025-02-28 13266074 d:HirePurchaseContracts d:BetweenOneFiveYears 2024-02-29 13266074 2 2024-03-01 2025-02-28 13266074 d:ComputerSoftware d:OwnedIntangibleAssets 2024-03-01 2025-02-28 13266074 e:PoundSterling 2024-03-01 2025-02-28 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 13266074









FOOTBALL TERRACE LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 28 FEBRUARY 2025

 
FOOTBALL TERRACE LIMITED
REGISTERED NUMBER: 13266074

BALANCE SHEET
AS AT 28 FEBRUARY 2025

28 February
29 February
2025
2024
Note
£
£

Fixed assets
  

Intangible assets
 4 
18,000
21,000

Tangible assets
 5 
77,288
8,638

  
95,288
29,638

Current assets
  

Debtors: amounts falling due within one year
 6 
61,566
24,392

Cash at bank and in hand
 7 
80,683
138,116

  
142,249
162,508

Creditors: amounts falling due within one year
 8 
(34,422)
(40,515)

Net current assets
  
 
 
107,827
 
 
121,993

Total assets less current liabilities
  
203,115
151,631

Creditors: amounts falling due after more than one year
  
(68,199)
-

  

Net assets
  
134,916
151,631


Capital and reserves
  

Called up share capital 
  
133
100

Share premium account
  
129,892
29,925

Profit and loss account
  
4,891
121,606

  
134,916
151,631


Page 1

 
FOOTBALL TERRACE LIMITED
REGISTERED NUMBER: 13266074
    
BALANCE SHEET (CONTINUED)
AS AT 28 FEBRUARY 2025

The directors consider 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 directors acknowledge their 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 on 5 August 2025.




................................................
T M Flewers
Director

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

Page 2

 
FOOTBALL TERRACE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2025

1.


General information

Football Terrace Limited is a private company limited by shares and incorporated in England and Wales (registered number: 13266074).
The registered office and principal place of business address is 7 Bell Yard, London, England, WC2A 2JR. 
The principal activity of the company during the period was provision of media and advertisement campaigns and publications.

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 Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

 
2.2

Going concern

In assessing the ability of the company to operate as a going concern, management have evaluated current and forecasted operational results, and the solvency of the company. The company is in a net asset position however it is expected to generate profits in the next financial year. 

 
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:

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

Interest income

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

Page 3

 
FOOTBALL TERRACE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2025

2.Accounting policies (continued)

 
2.5

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.

 
2.6

Borrowing costs

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

 
2.7

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.

 
2.8

Taxation

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.

 
2.9

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.

 
2.10

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.

Page 4

 
FOOTBALL TERRACE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2025

2.Accounting policies (continued)


2.10
Tangible fixed assets (continued)

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:

Motor vehicles
-
4 years
Office equipment
-
3 years

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.

 
2.11

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.

 
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.

 
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 2 (2024 - 1).

Page 5

 
FOOTBALL TERRACE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2025

4.


Intangible assets






Computer software

£



Cost


At 1 March 2024
30,000



At 28 February 2025

30,000



Amortisation


At 1 March 2024
9,000


Charge for the year on owned assets
3,000



At 28 February 2025

12,000



Net book value



At 28 February 2025
18,000



At 29 February 2024
21,000



Page 6

 
FOOTBALL TERRACE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2025

5.


Tangible fixed assets







Motor vehicles
Office equipment
Total

£
£
£



Cost or valuation


At 1 March 2024
-
12,910
12,910


Additions
75,228
6,339
81,567



At 28 February 2025

75,228
19,249
94,477



Depreciation


At 1 March 2024
-
4,272
4,272


Charge for the year on owned assets
7,836
5,081
12,917



At 28 February 2025

7,836
9,353
17,189



Net book value



At 28 February 2025
67,392
9,896
77,288



At 29 February 2024
-
8,638
8,638


6.


Debtors

28 February
29 February
2025
2024
£
£


Trade debtors
15,272
23,383

Amounts owed by group undertakings
45,860
-

Other debtors
434
1

Prepayments and accrued income
-
1,008

61,566
24,392


Page 7

 
FOOTBALL TERRACE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2025

7.


Cash and cash equivalents

28 February
29 February
2025
2024
£
£

Cash at bank and in hand
80,683
138,116

Less: bank overdrafts
(161)
-

80,522
138,116



8.


Creditors: Amounts falling due within one year

28 February
29 February
2025
2024
£
£

Bank overdrafts
161
-

Trade creditors
6,082
1,308

Amounts owed to group undertakings
79
1,999

Corporation tax
-
25,953

Other taxation and social security
3,504
4,634

Obligations under finance lease and hire purchase contracts
15,431
-

Other creditors
365
368

Accruals and deferred income
8,800
6,253

34,422
40,515



9.


Creditors: Amounts falling due after more than one year

28 February
29 February
2025
2024
£
£

Net obligations under finance leases and hire purchase contracts
68,199
-

68,199
-


Page 8

 
FOOTBALL TERRACE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2025

10.


Hire purchase and finance leases


Minimum lease payments under hire purchase fall due as follows:

28 February
29 February
2025
2024
£
£


Within one year
15,431
-

Between 1-5 years
68,199
-

83,630
-


11.


Share capital

28 February
29 February
2025
2024
£
£
Allotted, called up and fully paid



Enter number (2024 - 100) Ordinary shares shares of £1.00 each
-
100
3,334 (2024 - ) Ordinary B shares shares of £0.01 each
33
-
2,500 (2024 - ) Founder shares shares of £0.01 each
25
-
7,500 (2024 - ) Ordinary A shares shares of £0.01 each
75
-

133

100


During the year, the company subdivided its existing share structure and converted their 100 Ordinary shares valued at £1 per share into 2,500 Founder shares valued at £0.01 and 7,500 Ordinary A shares at £0.01. The company also issued 3,334 Ordinary B shares at a value of £0.01 to BHHL.


12.


Pension commitments

The company operates a defined contribution 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 £1,884 (2024: £1,884).


13.


Controlling party

The ultimate controlling party is Terry Flewers. 

 
Page 9