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Company Registration No. 07489238 (England and Wales)
Games to Get Limited Unaudited accounts for the year ended 31 July 2023
Games to Get Limited Unaudited accounts Contents
Page
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Games to Get Limited Company Information for the year ended 31 July 2023
Directors
Mr M Evans Mrs R Evans Mr L Evans
Company Number
07489238 (England and Wales)
Registered Office
GLADSTONE PLACE 36-38 UPPER MARLBOROUGH ROAD ST. ALBANS HERTFORDSHIRE AL1 3UU
Accountants
Amy Gardiner FCA 15 High Meads Wheathampstead St Albans AL4 8DN
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Games to Get Limited Statement of financial position as at 31 July 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Intangible assets
1,211 
1,514 
Tangible assets
4,081 
- 
5,292 
1,514 
Current assets
Inventories
88,624 
41,287 
Debtors
10,220 
19,270 
Cash at bank and in hand
63,141 
133,692 
161,985 
194,249 
Creditors: amounts falling due within one year
(43,256)
(30,183)
Net current assets
118,729 
164,066 
Total assets less current liabilities
124,021 
165,580 
Creditors: amounts falling due after more than one year
(54,268)
(68,453)
Net assets
69,753 
97,127 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
69,653 
97,027 
Shareholders' funds
69,753 
97,127 
For the year ending 31 July 2023 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 directors acknowledge their 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 13 November 2023 and were signed on its behalf by
Mr M Evans Director Company Registration No. 07489238
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Games to Get Limited Notes to the Accounts for the year ended 31 July 2023
1
Statutory information
Games to Get Limited is a private company, limited by shares, registered in England and Wales, registration number 07489238. The registered office is GLADSTONE PLACE, 36-38 UPPER MARLBOROUGH ROAD, ST. ALBANS, HERTFORDSHIRE, AL1 3UU.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation. Amortisation is recognised so as to write off the cost of valuation of assets less their residual values over their useful lives on the following bases: Patents: 20% on cost Website development: 20% on cost Trademarks: 10% on cost
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
33% on cost
Computer equipment
33% on cost
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
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Games to Get Limited Notes to the Accounts for the year ended 31 July 2023
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Foreign exchange
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
4
Intangible fixed assets
Other 
£ 
Cost
At 1 August 2022
8,456 
At 31 July 2023
8,456 
Amortisation
At 1 August 2022
6,942 
Charge for the year
303 
At 31 July 2023
7,245 
Net book value
At 31 July 2023
1,211 
At 31 July 2022
1,514 
5
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 August 2022
14,977 
Additions
6,092 
At 31 July 2023
21,069 
Depreciation
At 1 August 2022
14,977 
Charge for the year
2,011 
At 31 July 2023
16,988 
Net book value
At 31 July 2023
4,081 
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Games to Get Limited Notes to the Accounts for the year ended 31 July 2023
6
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
10,105 
19,270 
Accrued income and prepayments
115 
- 
10,220 
19,270 
7
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
842 
1,149 
VAT
7,505 
20,955 
Trade creditors
3,518 
886 
Taxes and social security
- 
(14,547)
Other creditors
133 
9,811 
Loans from directors
31,258 
1,335 
Accruals
- 
10,594 
43,256 
30,183 
8
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
54,268 
68,453 
9
Average number of employees
During the year the average number of employees was 4 (2022: 4).
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