2022-04-012023-03-312023-03-31false09516490RAREDROP GAMES LTD2023-11-15iso4217:GBPxbrli:pure095164902022-04-01095164902023-03-31095164902022-04-012023-03-31095164902021-04-01095164902022-03-31095164902021-04-012022-03-3109516490bus:SmallEntities2022-04-012023-03-3109516490bus:AuditExempt-NoAccountantsReport2022-04-012023-03-3109516490bus:FullAccounts2022-04-012023-03-3109516490bus:PrivateLimitedCompanyLtd2022-04-012023-03-3109516490core:WithinOneYear2023-03-3109516490core:AfterOneYear2023-03-3109516490core:WithinOneYear2022-03-3109516490core:AfterOneYear2022-03-3109516490core:ShareCapital2023-03-3109516490core:SharePremium2023-03-3109516490core:RevaluationReserve2023-03-3109516490core:OtherReservesSubtotal2023-03-3109516490core:RetainedEarningsAccumulatedLosses2023-03-3109516490core:ShareCapital2022-03-3109516490core:SharePremium2022-03-3109516490core:RevaluationReserve2022-03-3109516490core:OtherReservesSubtotal2022-03-3109516490core:RetainedEarningsAccumulatedLosses2022-03-3109516490core:LandBuildings2023-03-3109516490core:PlantMachinery2023-03-3109516490core:Vehicles2023-03-3109516490core:FurnitureFittings2023-03-3109516490core:OfficeEquipment2023-03-3109516490core:NetGoodwill2023-03-3109516490core:IntangibleAssetsOtherThanGoodwill2023-03-3109516490core:ListedExchangeTraded2023-03-3109516490core:UnlistedNon-exchangeTraded2023-03-3109516490core:LandBuildings2022-03-3109516490core:PlantMachinery2022-03-3109516490core:Vehicles2022-03-3109516490core:FurnitureFittings2022-03-3109516490core:OfficeEquipment2022-03-3109516490core:NetGoodwill2022-03-3109516490core:IntangibleAssetsOtherThanGoodwill2022-03-3109516490core:ListedExchangeTraded2022-03-3109516490core:UnlistedNon-exchangeTraded2022-03-3109516490core:LandBuildings2022-04-012023-03-3109516490core:PlantMachinery2022-04-012023-03-3109516490core:Vehicles2022-04-012023-03-3109516490core:FurnitureFittings2022-04-012023-03-3109516490core:OfficeEquipment2022-04-012023-03-3109516490core:NetGoodwill2022-04-012023-03-3109516490core:IntangibleAssetsOtherThanGoodwill2022-04-012023-03-3109516490core:ListedExchangeTraded2022-04-012023-03-3109516490core:UnlistedNon-exchangeTraded2022-04-012023-03-3109516490core:MoreThanFiveYears2022-04-012023-03-3109516490core:Non-currentFinancialInstruments2023-03-3109516490core:Non-currentFinancialInstruments2022-03-3109516490dpl:CostSales2022-04-012023-03-3109516490dpl:DistributionCosts2022-04-012023-03-3109516490core:LandBuildings2022-04-012023-03-3109516490core:PlantMachinery2022-04-012023-03-3109516490core:Vehicles2022-04-012023-03-3109516490core:FurnitureFittings2022-04-012023-03-3109516490core:OfficeEquipment2022-04-012023-03-3109516490dpl:AdministrativeExpenses2022-04-012023-03-3109516490core:NetGoodwill2022-04-012023-03-3109516490core:IntangibleAssetsOtherThanGoodwill2022-04-012023-03-3109516490dpl:GroupUndertakings2022-04-012023-03-3109516490dpl:ParticipatingInterests2022-04-012023-03-3109516490dpl:GroupUndertakingscore:ListedExchangeTraded2022-04-012023-03-3109516490core:ListedExchangeTraded2022-04-012023-03-3109516490dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-04-012023-03-3109516490core:UnlistedNon-exchangeTraded2022-04-012023-03-3109516490dpl:CostSales2021-04-012022-03-3109516490dpl:DistributionCosts2021-04-012022-03-3109516490core:LandBuildings2021-04-012022-03-3109516490core:PlantMachinery2021-04-012022-03-3109516490core:Vehicles2021-04-012022-03-3109516490core:FurnitureFittings2021-04-012022-03-3109516490core:OfficeEquipment2021-04-012022-03-3109516490dpl:AdministrativeExpenses2021-04-012022-03-3109516490core:NetGoodwill2021-04-012022-03-3109516490core:IntangibleAssetsOtherThanGoodwill2021-04-012022-03-3109516490dpl:GroupUndertakings2021-04-012022-03-3109516490dpl:ParticipatingInterests2021-04-012022-03-3109516490dpl:GroupUndertakingscore:ListedExchangeTraded2021-04-012022-03-3109516490core:ListedExchangeTraded2021-04-012022-03-3109516490dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2021-04-012022-03-3109516490core:UnlistedNon-exchangeTraded2021-04-012022-03-3109516490core:NetGoodwill2023-03-3109516490core:IntangibleAssetsOtherThanGoodwill2023-03-3109516490core:LandBuildings2023-03-3109516490core:PlantMachinery2023-03-3109516490core:Vehicles2023-03-3109516490core:FurnitureFittings2023-03-3109516490core:OfficeEquipment2023-03-3109516490core:AfterOneYear2023-03-3109516490core:WithinOneYear2023-03-3109516490core:ListedExchangeTraded2023-03-3109516490core:UnlistedNon-exchangeTraded2023-03-3109516490core:ShareCapital2023-03-3109516490core:SharePremium2023-03-3109516490core:RevaluationReserve2023-03-3109516490core:OtherReservesSubtotal2023-03-3109516490core:RetainedEarningsAccumulatedLosses2023-03-3109516490core:NetGoodwill2022-03-3109516490core:IntangibleAssetsOtherThanGoodwill2022-03-3109516490core:LandBuildings2022-03-3109516490core:PlantMachinery2022-03-3109516490core:Vehicles2022-03-3109516490core:FurnitureFittings2022-03-3109516490core:OfficeEquipment2022-03-3109516490core:AfterOneYear2022-03-3109516490core:WithinOneYear2022-03-3109516490core:ListedExchange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RAREDROP GAMES LTD

Registered Number
09516490
(England and Wales)

Unaudited Financial Statements for the Year ended
31 March 2023

RAREDROP GAMES LTD
Company Information
for the year from 1 April 2022 to 31 March 2023

Director

REGAN, Joshua Gabriel

Registered Address

26 Berkeley Square
Bristol
BS8 1HP

Registered Number

09516490 (England and Wales)
RAREDROP GAMES LTD
Statement of Financial Position
31 March 2023

Notes

2023

2022

£

£

£

£

Fixed assets
Tangible assets67,1015,509
7,1015,509
Current assets
Debtors73,64213,352
Cash at bank and on hand47,84845,783
51,49059,135
Creditors amounts falling due within one year8(23,649)(55,890)
Net current assets (liabilities)27,8413,245
Total assets less current liabilities34,9428,754
Net assets34,9428,754
Capital and reserves
Called up share capital100100
Profit and loss account34,8428,654
Shareholders' funds34,9428,754
The financial statements were approved and authorised for issue by the Director on 15 November 2023, and are signed on its behalf by:
REGAN, Joshua Gabriel
Director
Registered Company No. 09516490
RAREDROP GAMES LTD
Notes to the Financial Statements
for the year ended 31 March 2023

1.Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
2.Compliance with applicable reporting framework
The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.
3.Principal activities
The principal activity of the company is that of software development.
4.Accounting policies
Property, plant and equipment policy
Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:

Reducing balance (%)
Plant and machinery25
Revenue recognition policy
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.
Foreign currency translation and operations policy
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
5.Employee information

20232022
Average number of employees during the year11
6.Property, plant and equipment

Plant & machinery

Total

££
Cost or valuation
At 01 April 2211,41111,411
Additions3,5613,561
Disposals(34)(34)
At 31 March 2314,93814,938
Depreciation and impairment
At 01 April 225,9025,902
Charge for year1,9691,969
On disposals(34)(34)
At 31 March 237,8377,837
Net book value
At 31 March 237,1017,101
At 31 March 225,5095,509
7.Debtors

2023

2022

££
Trade debtors / trade receivables3,2056,300
Prepayments and accrued income4377,052
Total3,64213,352
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
8.Creditors within one year

2023

2022

££
Taxation and social security21,16213,337
Other creditors2,37242,469
Accrued liabilities and deferred income11584
Total23,64955,890
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.