Star Sports (On Course) Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—6

Registered number: 07141461

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Intangible Assets	4		909,890		663,114
Tangible Assets	5		38,241		713,493
Investments	6		1,638,124		1,638,124

			2,586,255		3,014,731
CURRENT ASSETS
Debtors	7	3,474,612		1,783,182
Cash at bank and in hand		271,947		572,752

		3,746,559		2,355,934
Creditors: Amounts Falling Due Within One Year	8	(2,770,287 )		(2,461,730 )

NET CURRENT ASSETS (LIABILITIES)			976,272		(105,796 )

TOTAL ASSETS LESS CURRENT LIABILITIES			3,562,527		2,908,935

Creditors: Amounts Falling Due After More Than One Year	9		(7,500 )		(17,500 )

NET ASSETS			3,555,027		2,891,435

CAPITAL AND RESERVES
Called up share capital	10		100		100
Capital redemption reserve			(240,000 )		-
Profit and Loss Account			3,794,927		2,891,335

SHAREHOLDERS' FUNDS			3,555,027		2,891,435

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Star Sports (On Course) Limited

Balance Sheet (continued)

As At 31 March 2025

For the year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr F Goward

Director

24 December 2025

The notes on pages 3 to 6 form part of these financial statements.

1. General Information

Star Sports (On Course) Limited is a private company, limited by shares, incorporated in England & Wales, registered number 07141461 . The registered office is 255 Old Shoreham Road, Hove, BN3 7ED.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Intangible Fixed Assets and Amortisation - Intellectual Property

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
Racecourse pitches	Straight line 42 years

2.4. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Fixtures & Fittings	25% RB
Computer Equipment	33% SL

2.5. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.

...CONTINUED

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Star Sports (On Course) Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

2.5. Taxation - continued

Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 9 (2024: 16)

4. Intangible Assets

	Intellectual Property
	£
Cost
As at 1 April 2024	800,786
Additions	269,396

As at 31 March 2025	1,070,182

Amortisation
As at 1 April 2024	137,672
Provided during the period	22,620

As at 31 March 2025	160,292

Net Book Value
As at 31 March 2025	909,890

As at 1 April 2024	663,114

5. Tangible Assets

	Fixtures & Fittings	Computer Equipment	Total
	£	£	£
Cost
As at 1 April 2024	1,048,611	74,949	1,123,560
Additions	18,295	10,684	28,979
Disposals	(1,039,204 )	(32,493 )	(1,071,697 )

As at 31 March 2025	27,702	53,140	80,842

Depreciation
As at 1 April 2024	379,947	30,120	410,067
Provided during the period	163,887	8,720	172,607
Disposals	(527,485 )	(12,588 )	(540,073 )

As at 31 March 2025	16,349	26,252	42,601

Net Book Value
As at 31 March 2025	11,353	26,888	38,241

As at 1 April 2024	668,664	44,829	713,493

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Star Sports (On Course) Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

6. Investments

	Subsidiaries
	£
Cost or Valuation
As at 1 April 2024	1,638,124

As at 31 March 2025	1,638,124

Provision
As at 1 April 2024	-

As at 31 March 2025	-

Net Book Value
As at 31 March 2025	1,638,124

As at 1 April 2024	1,638,124

Details of undertakings

Details of the investments (including principal place of business of unincorporated entities) in which the company holds 20% or more of the nominal value of any class of share capital are as follows:

Undertaking	Registered office	Holding	Proportion of voting rights and shares held
Subsidiary undertakings			2025	2024
Star Sports Retail Limited	Unit E9 325-327 Knoll Business Centre Old Shoreham Road Hove, East Sussex BN3 7GS England and Wales	Ordinary	100%	100%

Subsidiary undertakings

Star Sports Retail Limited

The principal activity of Star Sports Retail Limited is sports betting shop.

7. Debtors

	2025	2024
	£	£
Due within one year
Other debtors	3,474,612	1,783,182

8. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	27,950	39,801
Bank loans and overdrafts	10,000	10,000
Other creditors	2,509,950	2,480,976
Taxation and social security	222,387	(69,047 )

	2,770,287	2,461,730

9. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Bank loans	7,500	17,500

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Star Sports (On Course) Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

10. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	100	100

11. Ultimate Controlling Party

The company's ultimate controlling party is Mr B Keith .

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