Registration number: 01738645

Manny Bernstein (Credit Betting) Limited

Contents

Balance Sheet	1
Notes to the Unaudited Financial Statements	2 to 5

Manny Bernstein (Credit Betting) Limited

(Registration number: 01738645)
Balance Sheet as at 30 September 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	5	-	5,601
Current assets
Debtors	6	-	12,478
Cash at bank and in hand		3,597	90,525
		3,597	103,003
Creditors: Amounts falling due within one year	7	(199,125)	(378,361)
Net current liabilities		(195,528)	(275,358)
Net liabilities		(195,528)	(269,757)
Capital and reserves
Called up share capital	8	100	100
Retained earnings		(195,628)	(269,857)
Shareholders' deficit		(195,528)	(269,757)

For the financial period ending 30 September 2025 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

•	The members have not required the Company to obtain an audit of its accounts for the period in question in accordance with section 476; and
•	The Director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the Director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 5 December 2025
 

......................................... R P Noble Director

Manny Bernstein (Credit Betting) Limited

Notes to the Unaudited Financial Statements for the Period from 1 April 2024 to 30 September 2025

1	General information

The Company is a private company limited by share capital, incorporated in England.

The address of its registered office is:
6 Aswell Street
Louth
Lincolnshire
LN11 9BA

These financial statements were authorised for issue by the director on 5 December 2025.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

The financial statements cover the individual entity, have been prepared in sterling and are rounded to the nearest pound.

Going concern

The accounts have been prepared on a going concern basis as the director has confirmed that he will retain his director's loan within the company and will continue to financially support the company.

Revenue recognition

Turnover comprises the fair value of the consideration received and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

Tangible assets

Tangible assets are stated in the statement of financial position at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Land and buildings	no depreciation
Fixtures and fittings	15% reducing balance

Manny Bernstein (Credit Betting) Limited

Notes to the Unaudited Financial Statements for the Period from 1 April 2024 to 30 September 2025

Goodwill

Goodwill arising on the acquisition of an entity represents the excess of the cost of acquisition over the Company’s interest in the net fair value of the identifiable assets, liabilities and contingent liabilities of the entity recognised at the date of acquisition. Goodwill is initially recognised as an asset at cost and is subsequently measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is held in the currency of the acquired entity and revalued to the closing rate at each reporting period date. Goodwill is amortised over its useful life, which shall not exceed ten years if a reliable estimate of the useful life cannot be made.

Amortisation

Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:

Asset class	Amortisation method and rate
Goodwill	5 years straight line

Trade debtors

Trade debtors are amounts due from customers for services performed in the ordinary course of business.

A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3	Staff numbers

The average number of persons employed by the Company (including the Director) during the period, was 3 (2024 - 8).

Manny Bernstein (Credit Betting) Limited

Notes to the Unaudited Financial Statements for the Period from 1 April 2024 to 30 September 2025

4	Intangible assets

	Goodwill  £
Cost or valuation
At 1 April 2024	10,000
Disposals	(10,000)
At 30 September 2025	-
Amortisation
At 1 April 2024	10,000
Amortisation eliminated on disposals	(10,000)
At 30 September 2025	-
Carrying amount
At 30 September 2025	-

5	Tangible assets

	Fixtures and fittings £
Cost or valuation
At 1 April 2024	20,154
Disposals	(20,154)
At 30 September 2025	-
Depreciation
At 1 April 2024	14,553
Charge for the period	559
Eliminated on disposal	(15,112)
At 30 September 2025	-
Carrying amount
At 30 September 2025	-
At 31 March 2024	5,601

Manny Bernstein (Credit Betting) Limited

Notes to the Unaudited Financial Statements for the Period from 1 April 2024 to 30 September 2025

6

Debtors

Current	2025 £	2024 £
Prepayments	-	991
Other debtors	-	11,487
	-	12,478

7

Creditors

Creditors: amounts falling due within one year

	2025 £	2024 £
Due within one year
Trade creditors	-	11,955
Taxation and social security	-	1,409
Other creditors	194,576	354,379
Accruals and deferred income	4,549	10,618
	199,125	378,361

8	Share capital

Allotted, called up and fully paid shares

	2025		2024
	No.	£	No.	£
Ordinary shares of £1 each	100	100	100	100