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REGISTERED NUMBER: 10449910 (England and Wales)












UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2023

FOR

THIRD KIND GAMES LIMITED

THIRD KIND GAMES LIMITED (REGISTERED NUMBER: 10449910)






CONTENTS OF THE FINANCIAL STATEMENTS
for the year ended 31 October 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


THIRD KIND GAMES LIMITED

COMPANY INFORMATION
for the year ended 31 October 2023







DIRECTORS: T R Dunn
R Tharanee
G M Watson
D C Bowen



REGISTERED OFFICE: The Old School
Holly Walk
Leamington Spa
Warwickshire
CV32 4JG



REGISTERED NUMBER: 10449910 (England and Wales)



BANKERS: Barclays Bank PLC
Business Direct
Leicester
LE87 2BB

THIRD KIND GAMES LIMITED (REGISTERED NUMBER: 10449910)

BALANCE SHEET
31 October 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 62,654 83,538
Tangible assets 5 136,848 180,335
Investments 6 4,127 4,126
203,629 267,999

CURRENT ASSETS
Debtors 7 2,098,405 1,277,222
Cash at bank and in hand 344,330 1,690,324
2,442,735 2,967,546
CREDITORS
Amounts falling due within one year 8 314,903 314,862
NET CURRENT ASSETS 2,127,832 2,652,684
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,331,461

2,920,683

PROVISIONS FOR LIABILITIES 25,882 34,126
NET ASSETS 2,305,579 2,886,557

CAPITAL AND RESERVES
Called up share capital 10 1,284 1,284
Share premium 11 99,616 99,616
Retained earnings 11 2,204,679 2,785,657
SHAREHOLDERS' FUNDS 2,305,579 2,886,557

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

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

The directors acknowledge their 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.

THIRD KIND GAMES LIMITED (REGISTERED NUMBER: 10449910)

BALANCE SHEET - continued
31 October 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 Board of Directors and authorised for issue on 14 August 2024 and were signed on its behalf by:





T R Dunn - Director


THIRD KIND GAMES LIMITED (REGISTERED NUMBER: 10449910)

NOTES TO THE FINANCIAL STATEMENTS
for the year ended 31 October 2023

1. STATUTORY INFORMATION

Third Kind Games 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
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

The accounts have been prepared in accordance with applicable accounting standards. The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year.

The financial statements are presented in sterling which is the functional currency of the company and is rounded to the nearest £1.

Turnover
Turnover comprises the value of sales (net of value added tax) of goods and services provided in the normal course of business. Revenue is recognised in respect of service contracts when the company obtains the right to consideration.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Patents and licences are being amortised evenly over their estimated useful life of ten years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Short leasehold - Straight line over 3 years
Fixtures, fittings & furniture - Over 5 years
Computer equipment - Straight line over 3 years

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

Taxation
Taxation for the year 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.


THIRD KIND GAMES LIMITED (REGISTERED NUMBER: 10449910)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 31 October 2023

2. ACCOUNTING POLICIES - continued
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 year 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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 73 (2022 - 63 ) .

4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST
At 1 November 2022
and 31 October 2023 208,844
AMORTISATION
At 1 November 2022 125,306
Charge for year 20,884
At 31 October 2023 146,190
NET BOOK VALUE
At 31 October 2023 62,654
At 31 October 2022 83,538

THIRD KIND GAMES LIMITED (REGISTERED NUMBER: 10449910)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 31 October 2023

5. TANGIBLE FIXED ASSETS
Fixtures,
Short fittings Computer
leasehold & furniture equipment Totals
£    £    £    £   
COST
At 1 November 2022 16,168 45,936 292,807 354,911
Additions - 3,086 42,918 46,004
At 31 October 2023 16,168 49,022 335,725 400,915
DEPRECIATION
At 1 November 2022 16,114 22,859 135,603 174,576
Charge for year 54 9,499 79,938 89,491
At 31 October 2023 16,168 32,358 215,541 264,067
NET BOOK VALUE
At 31 October 2023 - 16,664 120,184 136,848
At 31 October 2022 54 23,077 157,204 180,335

6. FIXED ASSET INVESTMENTS
Shares in
group
undertaking
£   
COST
At 1 November 2022 4,126
Additions 1
At 31 October 2023 4,127
NET BOOK VALUE
At 31 October 2023 4,127
At 31 October 2022 4,126

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 710,933 540,596
Amounts owed by group undertakings 14,084 10,715
Other debtors 25,150 25,150
Tax 1,108,034 425,040
VAT 15,889 84,917
Prepayments and accrued income 224,315 190,804
2,098,405 1,277,222

THIRD KIND GAMES LIMITED (REGISTERED NUMBER: 10449910)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 31 October 2023

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 103,929 135,429
Social security and other taxes 130,268 117,806
Other creditors 46,876 42,613
Accruals and deferred income 33,830 19,014
314,903 314,862

9. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
2023 2022
£    £   
Within one year 100,000 100,000
Between one and five years 264,722 335,278
364,722 435,278

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
1,284 Ordinary £1 1,284 1,284

11. RESERVES
Retained Share
earnings premium Totals
£    £    £   

At 1 November 2022 2,785,657 99,616 2,885,273
Deficit for the year (580,978 ) (580,978 )
At 31 October 2023 2,204,679 99,616 2,304,295

12. PENSION COMMITMENTS

The company operates a defined contribution pension scheme in respect of certain employees. The scheme and its assets are held by independent managers. The pension charge represents contributions due from the company and amounted to £245,931 (2022 - £190,197). Balance outstanding at the period end amounted to £16,323 (2022 - £30,477).

13. CONTROLLING INTERESTS

The directors are considered to be the ultimate controlling parties by virtue of their ability to act in concert in respect of the financial and operating policies of the company.