Registered number
05103428
S P Game Limited
Filleted Accounts
31 March 2023
S P Game Limited
Registered number: 05103428
Balance Sheet
as at 31 March 2023
Notes 2023 2022
£ £
Fixed assets
Tangible assets 3 359,162 305,868
Current assets
Stocks 83,497 54,725
Debtors 4 114,705 44,504
Cash at bank and in hand 49,123 19,095
247,325 118,324
Creditors: amounts falling due within one year 5 (154,101) (132,026)
Net current assets/(liabilities) 93,224 (13,702)
Total assets less current liabilities 452,386 292,166
Creditors: amounts falling due after more than one year 6 (65,841) (27,902)
Net assets 386,545 264,264
Capital and reserves
Called up share capital 1,000 1,000
Profit and loss account 385,545 263,264
Shareholders' funds 386,545 264,264
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Mrs T Pairpoint
Director
Approved by the board on 07.11.23
S P Game Limited
Notes to the Accounts
for the year ended 31 March 2023
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover represents the net value of goods and services provided to customers.
Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Plant and machinery 15% reducing balance
Motor vehicles 25% reducing balance
Stocks
Stock is valued at the lower of cost and net relisable value.
2 Employees 2023 2022
Number Number
Average number of persons employed by the company 3 3
3 Tangible fixed assets
Plant and machinery etc Motor vehicles Total
£ £ £
Cost
At 1 April 2022 671,997 37,023 709,020
Additions 137,761 - 137,761
Disposals (32,750) - (32,750)
At 31 March 2023 777,008 37,023 814,031
Depreciation
At 1 April 2022 374,389 28,763 403,152
Charge for the year 62,289 2,065 64,354
On disposals (12,637) - (12,637)
At 31 March 2023 424,041 30,828 454,869
Net book value
At 31 March 2023 352,967 6,195 359,162
At 31 March 2022 297,608 8,260 305,868
4 Debtors 2023 2022
£ £
Trade debtors 92,314 37,960
Other debtors 22,391 6,544
114,705 44,504
5 Creditors: amounts falling due within one year 2023 2022
£ £
Obligations under finance lease and hire purchase contracts 38,451 51,267
Trade creditors 33,973 30,639
Taxation and social security costs 12,424 386
Other creditors 69,253 49,734
154,101 132,026
6 Creditors: amounts falling due after one year 2023 2022
£ £
Obligations under finance lease and hire purchase contracts 65,841 27,902
7 Other information
S P Game Limited is a private company limited by shares and incorporated in England. Its registered office is:
Britannia House
16 Hall Quay
Great Yarmouth
NR30 1HP
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