Company Registration No. 11451338 (England and Wales)
GAMESWISE LTD
Unaudited accounts
for the year ended 31 July 2023
GAMESWISE LTD
Unaudited accounts
Contents
GAMESWISE LTD
Statement of financial position
as at 31 July 2023
Cash at bank and in hand
5,905
14,626
Creditors: amounts falling due within one year
(20,590)
(48,585)
Net current (liabilities)/assets
(5,496)
3
Net (liabilities)/assets
(5,496)
3
Called up share capital
2
2
Profit and loss account
(5,498)
1
Shareholders' funds
(5,496)
3
For the year ending 31 July 2023 the company was entitled to exemption from audit 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 29 July 2024 and were signed on its behalf by
Colin Bell
Director
Company Registration No. 11451338
GAMESWISE LTD
Notes to the Accounts
for the year ended 31 July 2023
GAMESWISE LTD is a private company, limited by shares, registered in England and Wales, registration number 11451338. The registered office is 338 UPTON LANE, WIDNES, WA8 9AG, UNITED KINGDOM.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
2 or 3 year straight line depreciation
4
Tangible fixed assets
Computer equipment
Amounts falling due within one year
Other debtors
7,989
32,522
GAMESWISE LTD
Notes to the Accounts
for the year ended 31 July 2023
6
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
14,725
19,925
Taxes and social security
(211)
26,926
Loans from directors
4,394
-
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
The above loans are unsecured, interest free and repayable on demand
8
Average number of employees
During the year the average number of employees was 3 (2022: 3).