2022-09-012023-08-312023-08-31false12812583PLAYPALZ PARTY AND SOFTPLAY CENTRE LTD2024-04-1888910iso4217:GBPxbrli:pure128125832022-09-01128125832023-08-31128125832022-09-012023-08-31128125832021-09-01128125832022-08-31128125832021-09-012022-08-3112812583bus:SmallEntities2022-09-012023-08-3112812583bus:AuditExempt-NoAccountantsReport2022-09-012023-08-3112812583bus:FullAccounts2022-09-012023-08-3112812583bus:PrivateLimitedCompanyLtd2022-09-012023-08-3112812583core:WithinOneYear2023-08-3112812583core:AfterOneYear2023-08-3112812583core:WithinOneYear2022-08-3112812583core:AfterOneYear2022-08-3112812583core:ShareCapital2023-08-3112812583core:SharePremium2023-08-3112812583core:RevaluationReserve2023-08-3112812583core:OtherReservesSubtotal2023-08-3112812583core:RetainedEarningsAccumulatedLosses2023-08-3112812583core:ShareCapital2022-08-3112812583core:SharePremium2022-08-3112812583core:RevaluationReserve2022-08-3112812583core:OtherReservesSubtotal2022-08-3112812583core:RetainedEarningsAccumulatedLosses2022-08-3112812583core:LandBuildings2023-08-3112812583core:PlantMachinery2023-08-3112812583core:Vehicles2023-08-3112812583core:FurnitureFittings2023-08-3112812583core:OfficeEquipment2023-08-3112812583core:NetGoodwill2023-08-3112812583core:IntangibleAssetsOtherThanGoodwill2023-08-3112812583core:ListedExchangeTraded2023-08-3112812583core:UnlistedNon-exchangeTraded2023-08-3112812583core:LandBuildings2022-08-3112812583core:PlantMachinery2022-08-3112812583core:Vehicles2022-08-3112812583core:FurnitureFittings2022-08-3112812583core:OfficeEquipment2022-08-3112812583core:NetGoodwill2022-08-3112812583core:IntangibleAssetsOtherThanGoodwill2022-08-3112812583core:ListedExchangeTraded2022-08-3112812583core:UnlistedNon-exchangeTraded2022-08-3112812583core:LandBuildings2022-09-012023-08-3112812583core:PlantMachinery2022-09-012023-08-3112812583core:Vehicles2022-09-012023-08-3112812583core:FurnitureFittings2022-09-012023-08-3112812583core:OfficeEquipment2022-09-012023-08-3112812583core:NetGoodwill2022-09-012023-08-3112812583core:IntangibleAssetsOtherThanGoodwill2022-09-012023-08-3112812583core:ListedExchangeTraded2022-09-012023-08-3112812583core:UnlistedNon-exchangeTraded2022-09-012023-08-3112812583core:MoreThanFiveYears2022-09-012023-08-3112812583core:Non-currentFinancialInstruments2023-08-3112812583core:Non-currentFinancialInstruments2022-08-3112812583dpl:CostSales2022-09-012023-08-3112812583dpl:DistributionCosts2022-09-012023-08-3112812583core:LandBuildings2022-09-012023-08-3112812583core:PlantMachinery2022-09-012023-08-3112812583core:Vehicles2022-09-012023-08-3112812583core:FurnitureFittings2022-09-012023-08-3112812583core:OfficeEquipment2022-09-012023-08-3112812583dpl:AdministrativeExpenses2022-09-012023-08-3112812583core:NetGoodwill2022-09-012023-08-3112812583core:IntangibleAssetsOtherThanGoodwill2022-09-012023-08-3112812583dpl:GroupUndertakings2022-09-012023-08-3112812583dpl:ParticipatingInterests2022-09-012023-08-3112812583dpl:GroupUndertakingscore:ListedExchangeTraded2022-09-012023-08-3112812583core:ListedExchangeTraded2022-09-012023-08-3112812583dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-09-012023-08-3112812583core:UnlistedNon-exchangeTraded2022-09-012023-08-3112812583dpl:CostSales2021-09-012022-08-3112812583dpl:DistributionCosts2021-09-012022-08-3112812583core:LandBuildings2021-09-012022-08-3112812583core:PlantMachinery2021-09-012022-08-3112812583core:Vehicles2021-09-012022-08-3112812583core:FurnitureFittings2021-09-012022-08-3112812583core:OfficeEquipment2021-09-012022-08-3112812583dpl:AdministrativeExpenses2021-09-012022-08-3112812583core:NetGoodwill2021-09-012022-08-3112812583core:IntangibleAssetsOtherThanGoodwill2021-09-012022-08-3112812583dpl:GroupUndertakings2021-09-012022-08-3112812583dpl:ParticipatingInterests2021-09-012022-08-3112812583dpl:GroupUndertakingscore:ListedExchangeTraded2021-09-012022-08-3112812583core:ListedExchangeTraded2021-09-012022-08-3112812583dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2021-09-012022-08-3112812583core:UnlistedNon-exchangeTraded2021-09-012022-08-3112812583core:NetGoodwill2023-08-3112812583core:IntangibleAssetsOtherThanGoodwill2023-08-3112812583core:LandBuildings2023-08-3112812583core:PlantMachinery2023-08-3112812583core:Vehicles2023-08-3112812583core:FurnitureFittings2023-08-3112812583core:OfficeEquipment2023-08-3112812583core:AfterOneYear2023-08-3112812583core:WithinOneYear2023-08-3112812583core:ListedExchangeTraded2023-08-3112812583core:UnlistedNon-exchangeTraded2023-08-3112812583core:ShareCapital2023-08-3112812583core:SharePremium2023-08-3112812583core:RevaluationReserve2023-08-3112812583core:OtherReservesSubtotal2023-08-3112812583core:RetainedEarningsAccumulatedLosses2023-08-3112812583core:NetGoodwill2022-08-3112812583core:IntangibleAssetsOtherThanGoodwill2022-08-3112812583core:LandBuildings2022-08-3112812583core:PlantMachinery2022-08-3112812583core:Vehicles2022-08-3112812583core:FurnitureFittings2022-08-3112812583core:OfficeEquipment2022-08-3112812583core:AfterOneYear2022-08-3112812583core:WithinOneYear2022-08-3112812583core:ListedExchangeTraded2022-08-3112812583core:UnlistedNon-exchangeTraded2022-08-3112812583core:ShareCapital2022-08-3112812583core:SharePremium2022-08-3112812583core:RevaluationReserve2022-08-3112812583core:OtherReservesSubtotal2022-08-3112812583core:RetainedEarningsAccumulatedLosses2022-08-3112812583core:NetGoodwill2021-09-0112812583core:IntangibleAssetsOtherThanGoodwill2021-09-0112812583core:LandBuildings2021-09-0112812583core:PlantMachinery2021-09-0112812583core:Vehicles2021-09-0112812583core:FurnitureFittings2021-09-0112812583core:OfficeEquipment2021-09-0112812583core:AfterOneYear2021-09-0112812583core:WithinOneYear2021-09-0112812583core:ListedExchangeTraded2021-09-0112812583core:UnlistedNon-exchangeTraded2021-09-0112812583core:ShareCapital2021-09-0112812583core:SharePremium2021-09-0112812583core:RevaluationReserve2021-09-0112812583core:OtherReservesSubtotal2021-09-0112812583core:RetainedEarningsAccumulatedLosses2021-09-0112812583core:AfterOneYear2022-09-012023-08-3112812583core:WithinOneYear2022-09-012023-08-3112812583core:Non-currentFinancialInstrumentscore:CostValuation2022-09-012023-08-3112812583core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2022-09-012023-08-3112812583core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2022-09-012023-08-3112812583core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2022-09-012023-08-3112812583core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2022-09-012023-08-3112812583core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2022-09-012023-08-3112812583core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2022-09-012023-08-3112812583core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2022-09-012023-08-3112812583core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2022-09-012023-08-3112812583core:Non-currentFinancialInstrumentscore:CostValuation2023-08-3112812583core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2023-08-3112812583core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2023-08-3112812583core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2023-08-3112812583core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2023-08-3112812583core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2023-08-3112812583core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2023-08-3112812583core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2023-08-3112812583core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2023-08-3112812583core:Non-currentFinancialInstrumentscore:CostValuation2022-08-3112812583core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2022-08-3112812583core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2022-08-3112812583core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2022-08-3112812583core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2022-08-3112812583core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2022-08-3112812583core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2022-08-3112812583core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2022-08-3112812583core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2022-08-3112812583bus:Director12022-09-012023-08-3112812583bus:Director22022-09-012023-08-31

PLAYPALZ PARTY AND SOFTPLAY CENTRE LTD

Registered Number
12812583
(England and Wales)

Unaudited Financial Statements for the Year ended
31 August 2023

PLAYPALZ PARTY AND SOFTPLAY CENTRE LTD
Company Information
for the year from 1 September 2022 to 31 August 2023

Directors

SHARP, Emma Ann
SIZZEY, Louise Claire

Registered Address

28 Telford Road
Clacton-On-Sea
CO15 4LP

Registered Number

12812583 (England and Wales)
PLAYPALZ PARTY AND SOFTPLAY CENTRE LTD
Balance Sheet as at
31 August 2023

Notes

2023

2022

£

£

£

£

Fixed assets
Tangible assets314,91217,031
14,91217,031
Current assets
Stocks48,0008,000
Debtors514,3016,443
Cash at bank and on hand11,2434,666
33,54419,109
Creditors amounts falling due within one year6(43,391)(50,999)
Net current assets (liabilities)(9,847)(31,890)
Total assets less current liabilities5,065(14,859)
Provisions for liabilities7(3,728)-
Net assets1,337(14,859)
Capital and reserves
Called up share capital2-
Profit and loss account1,335(14,859)
Shareholders' funds1,337(14,859)
The financial statements were approved and authorised for issue by the Board of Directors on 18 April 2024, and are signed on its behalf by:
SHARP, Emma Ann
Director
SIZZEY, Louise Claire
Director

Registered Company No. 12812583
PLAYPALZ PARTY AND SOFTPLAY CENTRE LTD
Notes to the Financial Statements
for the year ended 31 August 2023

1.Accounting policies
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.
Statement of compliance
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.
Revenue from sale of goods
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.
Employee benefits
Contributions to defined contribution plans are expensed in the period to which they relate.
Deferred tax
Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
Tangible fixed assets and depreciation
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
Fixtures and fittings25
Vehicles25
Office Equipment25
Stocks and work in progress
Stock is valued at the lower of cost and estimated selling price less costs to complete and sell. The cost methodology employed by the entity is the first-in first-out method. Estimated selling price less costs to complete and sell are derived from the selling price which the goods would fetch in an open market transaction with established customers less the costs expected to be incurred to enable the sale to complete. Provision is made for slow-moving and obsolete items of stock. Such provisions are recognised in profit or loss. Work in progress is valued using the percentage of completion method and values are calculated using the lower of cost and estimated selling price less costs to complete and sell. When stocks are sold, the carrying amount of those stocks is recognised as an expense within cost of sales. This takes place in the same period that the associated revenue is recognised.
2.Average number of employees

20232022
Average number of employees during the year1113
3.Tangible fixed assets

Plant & machinery

Office Equipment

Total

£££
Cost or valuation
At 01 September 2224,99314925,142
Additions3,385-3,385
Disposals(533)-(533)
At 31 August 2327,84514927,994
Depreciation and impairment
At 01 September 228,082298,111
Charge for year4,941304,971
At 31 August 2313,0235913,082
Net book value
At 31 August 2314,8229014,912
At 31 August 2216,91112017,031
4.Stocks

2023

2022

££
Other stocks8,0008,000
Total8,0008,000
5.Debtors: amounts due within one year

2023

2022

££
Other debtors9,0041,365
Prepayments and accrued income5,2975,078
Total14,3016,443
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 debt
6.Creditors: amounts due within one year

2023

2022

££
Trade creditors / trade payables1,6961,784
Taxation and social security40,70340,735
Other creditors9928,480
Total43,39150,999
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.
7.Provisions for liabilities

2023

2022

££
Net deferred tax liability (asset)3,728-
Total3,728-