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REGISTERED NUMBER: 12744067 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 July 2022

for

INCLUDED GAMES LTD

INCLUDED GAMES LTD (REGISTERED NUMBER: 12744067)






Contents of the Financial Statements
for the year ended 31 July 2022




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


INCLUDED GAMES LTD

Company Information
for the year ended 31 July 2022







DIRECTORS: M J Heywood
S M Othen-Reeves





REGISTERED OFFICE: Preston Park House
South Road
Brighton
East Sussex
BN1 6SB





REGISTERED NUMBER: 12744067 (England and Wales)






INCLUDED GAMES LTD (REGISTERED NUMBER: 12744067)

Balance Sheet
31 July 2022

2022 2021
Notes £    £   
FIXED ASSETS
Tangible assets 4 3,627 -

CURRENT ASSETS
Debtors 5 63,636 19,881
Cash at bank 52,274 172,828
115,910 192,709
CREDITORS
Amounts falling due within one year 6 (240,111 ) (29,574 )
NET CURRENT (LIABILITIES)/ASSETS (124,201 ) 163,135
TOTAL ASSETS LESS CURRENT
LIABILITIES

(120,574

)

163,135

CAPITAL AND RESERVES
Called up share capital 7 115 115
Share premium 269,990 269,990
Retained earnings (390,679 ) (106,970 )
SHAREHOLDERS' FUNDS (120,574 ) 163,135

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2022 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors and authorised for issue on 12 September 2022 and were signed on its behalf by:





M J Heywood - Director


INCLUDED GAMES LTD (REGISTERED NUMBER: 12744067)

Notes to the Financial Statements
for the year ended 31 July 2022

1. STATUTORY INFORMATION

Included Games Ltd 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Financial instruments
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 entity after deducting all of its financial liabilities.

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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Going concern
The directors have agreed to support the company as necessary in the foreseeable future. The company therefore continues to adopt the going concern basis in preparing its financial statements.

INCLUDED GAMES LTD (REGISTERED NUMBER: 12744067)

Notes to the Financial Statements - continued
for the year ended 31 July 2022

2. ACCOUNTING POLICIES - continued

Impairment
At each balance sheet date, the company reviews the carrying amount of its assets to determine whether there is any indication that any items have suffered an impairment loss. If any such indication exists, the recoverable amount of an asset is estimated in order to determine the extent of the impairment loss, if any. Where it is not possible to estimate the recoverable amount of an asset, the Company estimates the recoverable amount of the cash-generating unit to which the asset belongs.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2021 - 3 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
Additions 5,413
At 31 July 2022 5,413
DEPRECIATION
Charge for year 1,786
At 31 July 2022 1,786
NET BOOK VALUE
At 31 July 2022 3,627

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
£    £   
Other debtors 63,636 19,881

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
£    £   
Trade creditors 1 -
Other creditors 240,110 29,574
240,111 29,574

Included in other creditors is a loan from Finstock Capital. Finstock Capital has a fixed and floating charge over the company assets.

7. CALLED UP SHARE CAPITAL


Allotted, issued and fully paid:
Number: Class: Nominal 2022 2021
value: £    £   
1,150,004 Ordinary 0.000 1 115 115

INCLUDED GAMES LTD (REGISTERED NUMBER: 12744067)

Notes to the Financial Statements - continued
for the year ended 31 July 2022

7. CALLED UP SHARE CAPITAL - continued

150,004 Ordinary shares of 0.0001 each were allotted as fully paid at a premium of £1.80 per share during the period.