GAMING SOLUTIONS LIMITED

Company Registration Number:
11875017 (England and Wales)

Unaudited statutory accounts for the year ended 31 March 2023

Period of accounts

Start date: 1 April 2022

End date: 31 March 2023

GAMING SOLUTIONS LIMITED

Contents of the Financial Statements

for the Period Ended 31 March 2023

Profit and loss
Balance sheet
Additional notes
Balance sheet notes

GAMING SOLUTIONS LIMITED

Profit And Loss Account

for the Period Ended 31 March 2023

2023 2022


£

£
Turnover: 3,856,474 2,364,821
Cost of sales: ( 1,966,801 ) ( 1,177,003 )
Gross profit(or loss): 1,889,673 1,187,818
Distribution costs: ( 132,548 ) ( 54,837 )
Administrative expenses: ( 396,584 ) ( 328,374 )
Operating profit(or loss): 1,360,541 804,607
Profit(or loss) before tax: 1,360,541 804,607
Tax: ( 258,502 ) ( 152,875 )
Profit(or loss) for the financial year: 1,102,039 651,732

GAMING SOLUTIONS LIMITED

Balance sheet

As at 31 March 2023

Notes 2023 2022


£

£
Fixed assets
Tangible assets: 3 1,415,687 810,510
Total fixed assets: 1,415,687 810,510
Current assets
Stocks: 4 565,215 98,374
Debtors: 5 419,857 173,627
Cash at bank and in hand: 228,641 155,794
Total current assets: 1,213,713 427,795
Creditors: amounts falling due within one year: 6 ( 376,521 ) ( 237,465 )
Net current assets (liabilities): 837,192 190,330
Total assets less current liabilities: 2,252,879 1,000,840
Total net assets (liabilities): 2,252,879 1,000,840
Capital and reserves
Called up share capital: 150,000 1
Profit and loss account: 2,102,879 1,000,839
Total Shareholders' funds: 2,252,879 1,000,840

The notes form part of these financial statements

GAMING SOLUTIONS LIMITED

Balance sheet statements

For the year ending 31 March 2023 the company was entitled to exemption 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.

This report was approved by the board of directors on 18 December 2023
and signed on behalf of the board by:

Name: Peta Newbold
Status: Director

The notes form part of these financial statements

GAMING SOLUTIONS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Financial Reporting Standard 101

GAMING SOLUTIONS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

  • 2. Employees

    2023 2022
    Average number of employees during the period 12 9

GAMING SOLUTIONS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 April 2022 472,865 102,230 60,083 123,361 169,782 928,321
Additions 364,541 46,258 35,541 149,817 132,158 728,315
Disposals
Revaluations
Transfers
At 31 March 2023 837,406 148,488 95,624 273,178 301,940 1,656,636
Depreciation
At 1 April 2022 11,862 13,121 44,091 48,737 117,811
Charge for year 29,697 19,124 33,788 40,529 123,138
On disposals
Other adjustments
At 31 March 2023 41,559 32,245 77,879 89,266 240,949
Net book value
At 31 March 2023 837,406 106,929 63,379 195,299 212,674 1,415,687
At 31 March 2022 472,865 90,368 46,962 79,270 121,045 810,510

GAMING SOLUTIONS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

4. Stocks

2023 2022
£ £
Stocks 565,215 98,374
Total 565,215 98,374

GAMING SOLUTIONS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

5. Debtors

2023 2022
£ £
Trade debtors 419,857 173,627
Total 419,857 173,627

GAMING SOLUTIONS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

6. Creditors: amounts falling due within one year note

2023 2022
£ £
Trade creditors 118,019 84,590
Taxation and social security 258,502 152,875
Total 376,521 237,465