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REGISTERED NUMBER: 10800291 (England and Wales)















Unaudited Financial Statements

for the Period 1 July 2022 to 31 December 2023

for

Simulated Game Essex Limited

Simulated Game Essex Limited (Registered number: 10800291)






Contents of the Financial Statements
for the Period 1 July 2022 to 31 December 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Report of the Accountants 6

Simulated Game Essex Limited

Company Information
for the Period 1 July 2022 to 31 December 2023







DIRECTOR: B P Faulkner





REGISTERED OFFICE: 2 High Street
Burnham on Crouch
Essex
CM0 8AA





REGISTERED NUMBER: 10800291 (England and Wales)





ACCOUNTANTS: Harvey Smith & Co DVQ Limited
A Xeinadin Company
2 High Street
Burnham on Crouch
Essex
CM0 8AA

Simulated Game Essex Limited (Registered number: 10800291)

Balance Sheet
31 December 2023

31.12.23 30.6.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 19,080 25,213

CURRENT ASSETS
Stocks 5,000 5,000
Debtors 5 - 4,756
Cash at bank 1,533 5,492
6,533 15,248
CREDITORS
Amounts falling due within one year 6 32,614 48,436
NET CURRENT LIABILITIES (26,081 ) (33,188 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(7,001

)

(7,975

)

CREDITORS
Amounts falling due after more than one
year

7

5,667

11,667
NET LIABILITIES (12,668 ) (19,642 )

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings (12,669 ) (19,643 )
(12,668 ) (19,642 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 December 2023.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 December 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

Simulated Game Essex Limited (Registered number: 10800291)

Balance Sheet - continued
31 December 2023


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 director and authorised for issue on 21 March 2024 and were signed by:





B P Faulkner - Director


Simulated Game Essex Limited (Registered number: 10800291)

Notes to the Financial Statements
for the Period 1 July 2022 to 31 December 2023

1. STATUTORY INFORMATION

Simulated Game Essex Limited 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.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared on a going concern basis. This assumes that the company will continue in existence for the foreseeable future.

The validity of this assumption depends on the continued financial support of the directors and creditors.

If the company were unable to continue in operational existence, adjustments would have to be made to reduce the balance sheet values of assets to their recoverable amounts, and to provide for any further liabilities that might arise and to reclassify fixed assets as current assets. Long term liabilities would also have to be reclassified as current liabilities.

The directors believe that it is appropriate for the financial statements to be prepared on the going concern basis.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the period 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 period 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.

Simulated Game Essex Limited (Registered number: 10800291)

Notes to the Financial Statements - continued
for the Period 1 July 2022 to 31 December 2023

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 1 (2022 - 1 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 July 2022 57,359
Additions 7,700
At 31 December 2023 65,059
DEPRECIATION
At 1 July 2022 32,146
Charge for period 13,833
At 31 December 2023 45,979
NET BOOK VALUE
At 31 December 2023 19,080
At 30 June 2022 25,213

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 30.6.22
£    £   
Trade debtors - 4,702
Other debtors - 54
- 4,756

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 30.6.22
£    £   
Bank loans and overdrafts 4,000 4,000
Trade creditors 2,026 7,409
Taxation and social security 802 -
Other creditors 25,786 37,027
32,614 48,436

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.12.23 30.6.22
£    £   
Bank loans 5,667 11,667

Simulated Game Essex Limited

Report of the Accountants to the Director of
Simulated Game Essex Limited

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the period ended 31 December 2023 set out on page nil and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.






Harvey Smith & Co DVQ Limited
A Xeinadin Company
2 High Street
Burnham on Crouch
Essex
CM0 8AA


21 March 2024