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REGISTERED NUMBER: 06143635 (England and Wales)















Report of the Director and

Unaudited Financial Statements for the Year Ended 31 March 2024

for

Competitive Edge Games Limited

Competitive Edge Games Limited (Registered number: 06143635)






Contents of the Financial Statements
for the Year Ended 31 March 2024




Page

Company Information 1

Report of the Director 2

Statement of Income and Retained Earnings 3

Balance Sheet 4

Notes to the Financial Statements 5


Competitive Edge Games Limited

Company Information
for the Year Ended 31 March 2024







DIRECTOR: D A Hodge





SECRETARY: D Baldwin





REGISTERED OFFICE: The Old House
Main Street
Maids Moreton
Buckingham
Buckinghamshire
MK18 1QU





REGISTERED NUMBER: 06143635 (England and Wales)





ACCOUNTANTS: Facts and Figures
P O Box 583
Maids Moreton
Buckingham
Buckinghamshire
MK18 1TQ

Competitive Edge Games Limited (Registered number: 06143635)

Report of the Director
for the Year Ended 31 March 2024

The director presents his report with the financial statements of the company for the year ended 31 March 2024.

PRINCIPAL ACTIVITY
The principal activity of the company in the year under review was that of Manufacturers and Sellers of Electronic Games Equipment

DIRECTOR
D A Hodge held office during the whole of the period from 1 April 2023 to the date of this report.

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

ON BEHALF OF THE BOARD:





D A Hodge - Director


19 August 2024

Competitive Edge Games Limited (Registered number: 06143635)

Statement of Income and Retained Earnings
for the Year Ended 31 March 2024

31.3.24 31.3.23
Notes £    £   

TURNOVER 1,650 1,500

Administrative expenses (2,943 ) (3,501 )
OPERATING LOSS and
LOSS BEFORE TAXATION (1,293 ) (2,001 )

Tax on loss - -
LOSS FOR THE FINANCIAL YEAR (1,293 ) (2,001 )

Retained earnings at beginning of year 2,569 4,570

RETAINED EARNINGS AT END OF
YEAR

1,276

2,569

Competitive Edge Games Limited (Registered number: 06143635)

Balance Sheet
31 March 2024

31.3.24 31.3.23
Notes £    £   
FIXED ASSETS
Tangible assets 5 254 -

CURRENT ASSETS
Debtors 6 40 40
Cash at bank 1,602 3,548
1,642 3,588
CREDITORS
Amounts falling due within one year 7 (610 ) (1,009 )
NET CURRENT ASSETS 1,032 2,579
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,286

2,579

CAPITAL AND RESERVES
Called up share capital 10 10
Retained earnings 1,276 2,569
SHAREHOLDERS' FUNDS 1,286 2,579

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the director and authorised for issue on 19 August 2024 and were signed by:





D A Hodge - Director


Competitive Edge Games Limited (Registered number: 06143635)

Notes to the Financial Statements
for the Year Ended 31 March 2024

1. STATUTORY INFORMATION

Competitive Edge 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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - NIL).

4. OPERATING LOSS

The operating loss is stated after charging:

31.3.24 31.3.23
£    £   
Depreciation - owned assets 126 161

Competitive Edge Games Limited (Registered number: 06143635)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2023 1,157
Additions 380
At 31 March 2024 1,537
DEPRECIATION
At 1 April 2023 1,157
Charge for year 126
At 31 March 2024 1,283
NET BOOK VALUE
At 31 March 2024 254

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Other debtors 40 40

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade creditors 1 1
Other creditors 609 1,008
610 1,009