Caseware UK (AP4) 2022.0.179 2022.0.179 2023-03-312023-03-312022-04-01falseNo description of principal activity1212truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 08460922 2022-04-01 2023-03-31 08460922 2021-04-01 2022-03-31 08460922 2023-03-31 08460922 2022-03-31 08460922 c:Director1 2022-04-01 2023-03-31 08460922 c:RegisteredOffice 2022-04-01 2023-03-31 08460922 d:Buildings 2022-04-01 2023-03-31 08460922 d:Buildings 2023-03-31 08460922 d:Buildings 2022-03-31 08460922 d:Buildings d:OwnedOrFreeholdAssets 2022-04-01 2023-03-31 08460922 d:PlantMachinery 2022-04-01 2023-03-31 08460922 d:PlantMachinery 2023-03-31 08460922 d:PlantMachinery 2022-03-31 08460922 d:PlantMachinery d:OwnedOrFreeholdAssets 2022-04-01 2023-03-31 08460922 d:MotorVehicles 2022-04-01 2023-03-31 08460922 d:MotorVehicles 2023-03-31 08460922 d:MotorVehicles 2022-03-31 08460922 d:MotorVehicles d:OwnedOrFreeholdAssets 2022-04-01 2023-03-31 08460922 d:OwnedOrFreeholdAssets 2022-04-01 2023-03-31 08460922 d:CurrentFinancialInstruments 2023-03-31 08460922 d:CurrentFinancialInstruments 2022-03-31 08460922 d:Non-currentFinancialInstruments 2023-03-31 08460922 d:Non-currentFinancialInstruments 2022-03-31 08460922 d:CurrentFinancialInstruments d:WithinOneYear 2023-03-31 08460922 d:CurrentFinancialInstruments d:WithinOneYear 2022-03-31 08460922 d:Non-currentFinancialInstruments d:AfterOneYear 2023-03-31 08460922 d:Non-currentFinancialInstruments d:AfterOneYear 2022-03-31 08460922 d:ShareCapital 2023-03-31 08460922 d:ShareCapital 2022-03-31 08460922 d:RetainedEarningsAccumulatedLosses 2023-03-31 08460922 d:RetainedEarningsAccumulatedLosses 2022-03-31 08460922 c:FRS102 2022-04-01 2023-03-31 08460922 c:AuditExempt-NoAccountantsReport 2022-04-01 2023-03-31 08460922 c:FullAccounts 2022-04-01 2023-03-31 08460922 c:PrivateLimitedCompanyLtd 2022-04-01 2023-03-31 08460922 2 2022-04-01 2023-03-31 iso4217:GBP xbrli:pure
Registered number: 08460922










ALLGAME LIMITED
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

 
ALLGAME LIMITED
 

COMPANY INFORMATION


DIRECTOR
Robert Latham 




REGISTERED NUMBER
08460922



REGISTERED OFFICE
39 Emery Avenue
Westlands

Newcastle-Under-Lyme

ST5 2JG




ACCOUNTANTS
EQ Accountants LLP
Chartered Accountants

Westby

64 West High Street

Forfar

Angus

DD8 1BJ





 
ALLGAME LIMITED
REGISTERED NUMBER: 08460922

STATEMENT OF FINANCIAL POSITION
AS AT 31 MARCH 2023

2023
2022
£
£

FIXED ASSETS
  

Tangible assets
 4 
589,312
294,854

  
589,312
294,854

CURRENT ASSETS
  

Stocks
  
261,600
228,216

Debtors: amounts falling due within one year
 5 
2,027,235
847,466

Cash at bank and in hand
  
11,900
83,418

  
2,300,735
1,159,100

Creditors: amounts falling due within one year
 6 
(2,126,015)
(1,266,173)

NET CURRENT ASSETS/(LIABILITIES)
  
 
 
174,720
 
 
(107,073)

TOTAL ASSETS LESS CURRENT LIABILITIES
  
764,032
187,781

Creditors: amounts falling due after more than one year
 7 
(283,362)
(248,445)

  

NET ASSETS/(LIABILITIES)
  
480,670
(60,664)


CAPITAL AND RESERVES
  

Called up share capital 
  
1
1

Profit and loss account
  
480,669
(60,665)

  
480,670
(60,664)


Page 1

 
ALLGAME LIMITED
REGISTERED NUMBER: 08460922

STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 MARCH 2023

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 income and retained earnings 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 12 October 2023.




Robert Latham
Director

The notes on pages 3 to 7 form part of these financial statements.

Page 2

 
ALLGAME LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

1.


GENERAL INFORMATION

Allgame Limited is a private company, limited by shares, incorporated in England with registration number 08460922. The registered office is 39 Emery Avenue, Westlands, Newcastle-Under-Lyme, ST5 2JG and the principal place of business is Head Office, Carnegie Base Services, Edzell Woods, Brechin, DD9 7XB..
The financial statements are presented in Sterling which is the functional currency of the Company and rounded to the nearest £.

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

TURNOVER

Turnover is recognised to the extent that it is probable that the economic benefits will flow to the Company and the turnover can be reliably measured. Turnover 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 turnover is recognised:

Sale of goods

Turnover 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 turnover 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

Turnover 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 turnover 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

 
ALLGAME LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

2.ACCOUNTING POLICIES (CONTINUED)

 
2.3

GOVERNMENT GRANTS

Grants are accounted under the accruals model as permitted by FRS 102. Grants relating to expenditure on tangible fixed assets are credited to profit or loss at the same rate as the depreciation on the assets to which the grant relates. The deferred element of grants is included in creditors as deferred income.
Grants of a revenue nature are recognised in the Statement of Income and Retained Earnings in the same period as the related expenditure.

During the year the business was in receipt of the following revenue grants in relation to the COVID-19 pandemic:
Coronavirus Job Retention Scheme (CJRS) which is recognised when receivable.

 
2.4

INTEREST INCOME

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

 
2.5

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 reporting date in the countries where the Company operates and generates income.

 
2.6

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.

Land is not depreciated. Depreciation on other assets 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:

Plant and machinery
-
20.0%
straight line
Motor vehicles
-
20.0%
straight line

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.

Page 4

 
ALLGAME LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

2.ACCOUNTING POLICIES (CONTINUED)

 
2.7

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.

The Company has elected to apply the recognition and measurement provisions of IFRS 9 Financial Instruments (as adopted by the UK Endorsement Board) with the disclosure requirements of Sections 11 and 12 and the other presentation requirements of FRS 102.

Financial instruments are recognised in the Company's Statement of Financial Position 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 receivables, cash and bank balances, are initially measured at their transaction price including transaction costs 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 receivables due with the operating cycle fall into this category of financial instruments.


3.


EMPLOYEES

The average monthly number of employees, including directors, during the year was 12 (2022 - 12).

Page 5

 
ALLGAME LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

4.


TANGIBLE FIXED ASSETS





Property improvements
Plant and machinery
Motor vehicles
Total

£
£
£
£



COST OR VALUATION


At 1 April 2022
114,973
451,185
129,960
696,118


Additions
-
295,910
145,352
441,262



At 31 March 2023

114,973
747,095
275,312
1,137,380



DEPRECIATION


At 1 April 2022
-
343,592
57,672
401,264


Charge for the year on owned assets
-
99,663
47,141
146,804



At 31 March 2023

-
443,255
104,813
548,068



NET BOOK VALUE



At 31 March 2023
114,973
303,840
170,499
589,312



At 31 March 2022
114,973
107,593
72,288
294,854

Page 6

 
ALLGAME LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

5.


DEBTORS

2023
2022
£
£


Trade debtors
1,938,655
790,610

Other debtors
88,580
53,377

Prepayments and accrued income
-
3,479

2,027,235
847,466



6.


CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2023
2022
£
£

Other loans
122,891
86,413

Trade creditors
1,002,572
824,962

Other taxation and social security
49,030
72,964

Obligations under finance lease and hire purchase contracts
47,410
21,999

Other creditors
217,021
253,035

Accruals and deferred income
687,091
6,800

2,126,015
1,266,173


Hire purchase liabilities are secured over the assets to which they relate.


7.


CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2023
2022
£
£

Bank loans
21,642
30,478

Other loans
119,530
146,130

Net obligations under finance leases and hire purchase contracts
142,190
71,837

283,362
248,445


Hire purchase liabilities are secured over the assets to which they relate.
Bank loans are secured by a government backed guarantee.


Page 7