PLAYFUL PROMISES LIMITED

Company Registration Number:
05504722 (England and Wales)

Unaudited abridged accounts for the year ended 31 July 2023

Period of accounts

Start date: 01 August 2022

End date: 31 July 2023

PLAYFUL PROMISES LIMITED

Contents of the Financial Statements

for the Period Ended 31 July 2023

Company Information - 3
Balance sheet - 4
Additional notes - 6
Balance sheet notes - 9

PLAYFUL PROMISES LIMITED

Company Information

for the Period Ended 31 July 2023




Registered office: 360a
Unit 5 The Viaduct Business Centre
360a Coldharbour Lane
London
England
SW9 8PL
Company Registration Number: 05504722 (England and Wales)

PLAYFUL PROMISES LIMITED

Balance sheet

As at 31 July 2023


Notes

2023
£

2022
£
Fixed assets
Intangible assets: 4 198,821 208,284
Tangible assets: 5 3,178 11,180
Total fixed assets: 201,999 219,464
Current assets
Stocks: 1,968,684 2,372,311
Debtors: 488,985 1,781,961
Cash at bank and in hand: 24,039 317,456
Total current assets: 2,481,708 4,471,728
Prepayments and accrued income: 110,059 1,044,081
Creditors: amounts falling due within one year: ( 2,283,008 ) ( 3,618,151 )
Net current assets (liabilities): 308,759 1,897,658
Total assets less current liabilities: 510,758 2,117,122
Creditors: amounts falling due after more than one year: ( 37,341 )
Total net assets (liabilities): 510,758 2,079,781

The notes form part of these financial statements

PLAYFUL PROMISES LIMITED

Balance sheet continued

As at 31 July 2023


Notes

2023
£

2022
£
Capital and reserves
Called up share capital: 1 1
Profit and loss account: 510,757 2,079,780
Shareholders funds: 510,758 2,079,781

For the year ending 31 July 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

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 10 April 2024
And Signed On Behalf Of The Board By:

Name: Emma Parker
Status: Director

The notes form part of these financial statements

PLAYFUL PROMISES LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Tangible fixed assets depreciation policy

    Annual depreciation of Fixtures, Fittings, and Equipment is charged using a 20% straight line method.

    Intangible fixed assets amortisation policy

    Annual depreciation of Computer Software is charged using a 20% straight line method.

PLAYFUL PROMISES LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2023

  • 2. Employees


    2023

    2022
    Average number of employees during the period 23 22

PLAYFUL PROMISES LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2023

  • 3. Off balance sheet disclosure

    No

PLAYFUL PROMISES LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2023

  • 4. Intangible assets

    Total
    Cost £
    At 01 August 2022 224,851
    Additions -
    Disposals (659)
    Revaluations -
    Transfers -
    At 31 July 2023 224,192
    Amortisation
    Amortisation at 01 August 2022 16,567
    Charge for year 8,804
    On disposals -
    Other adjustments -
    Amortisation at 31 July 2023 25,371
    Net book value
    Net book value at 31 July 2023 198,821
    Net book value at 31 July 2022 208,284

PLAYFUL PROMISES LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2023

5. Tangible Assets

Total
Cost £
At 01 August 2022 41,472
Additions 3,167
Disposals -
Revaluations -
Transfers -
At 31 July 2023 44,639
Depreciation
At 01 August 2022 30,292
Charge for year 11,169
On disposals -
Other adjustments -
At 31 July 2023 41,461
Net book value
At 31 July 2023 3,178
At 31 July 2022 11,180