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Company Registration No. 04713547 (England and Wales)
JACKPOT AMUSEMENTS LIMITED Unaudited accounts for the year ended 31 March 2024
JACKPOT AMUSEMENTS LIMITED Unaudited accounts Contents
Page
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JACKPOT AMUSEMENTS LIMITED Company Information for the year ended 31 March 2024
Directors
Mr C J Hayes Mrs J Hayes
Company Number
04713547 (England and Wales)
Registered Office
The Downshire 71 Baldwins Lane, Croxley Green Rickmansworth WD3 3LT
Accountants
Dempsey & Co The Downshire 71 Baldwins Lane Croxley Green Rickmansworth Herts WD3 3LT
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JACKPOT AMUSEMENTS LIMITED Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Intangible assets
1 
1 
Tangible assets
9,927 
4,652 
9,928 
4,653 
Current assets
Inventories
108 
108 
Cash at bank and in hand
18,920 
48,049 
19,028 
48,157 
Creditors: amounts falling due within one year
(37,126)
(30,558)
Net current (liabilities)/assets
(18,098)
17,599 
Total assets less current liabilities
(8,170)
22,252 
Creditors: amounts falling due after more than one year
(40,000)
(20,000)
Provisions for liabilities
Deferred tax
(5)
(838)
Net (liabilities)/assets
(48,175)
1,414 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
(48,275)
1,314 
Shareholders' funds
(48,175)
1,414 
For the year ending 31 March 2024 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 19 July 2024 and were signed on its behalf by
Mr C J Hayes Director Company Registration No. 04713547
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JACKPOT AMUSEMENTS LIMITED Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
JACKPOT AMUSEMENTS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 04713547. The registered office is The Downshire, 71 Baldwins Lane, Croxley Green, Rickmansworth, WD3 3LT.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover represents net invoiced sales of goods and services to customers, excluding Value Added Tax.
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:
Plant & machinery
25% reducing balance
Fixtures & fittings
15% reducing balance
Intangible fixed assets
Goodwill represents the excess of cost of acquisition over the fair value of the separable net asset acquired. Goodwill is amortised through the profit and loss account in equal instalments over it's useful life at a rate of 10% per annum.
Inventories
Stock is valued at the lower of cost and net realisable value.
Deferred taxation
Deferred taxation is provided in respect of the tax effect of all timing differences at the rates of tax expected to apply when the timing differences reverse.
Going concern
These financial statements have been prepared on a going concern basis.
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JACKPOT AMUSEMENTS LIMITED Notes to the Accounts for the year ended 31 March 2024
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 April 2023
200,000 
At 31 March 2024
200,000 
Amortisation
At 1 April 2023
199,999 
At 31 March 2024
199,999 
Net book value
At 31 March 2024
1 
At 31 March 2023
1 
5
Tangible fixed assets
Land & buildings 
Plant & machinery 
Fixtures & fittings 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 April 2023
460 
66,688 
2,031 
69,179 
Additions
- 
5,000 
3,000 
8,000 
At 31 March 2024
460 
71,688 
5,031 
77,179 
Depreciation
At 1 April 2023
- 
62,721 
1,806 
64,527 
Charge for the year
- 
2,241 
484 
2,725 
At 31 March 2024
- 
64,962 
2,290 
67,252 
Net book value
At 31 March 2024
460 
6,726 
2,741 
9,927 
At 31 March 2023
460 
3,967 
225 
4,652 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Other creditors
19,791 
13,223 
Loans from directors
17,335 
17,335 
37,126 
30,558 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Other creditors
20,000 
- 
Loans from directors
20,000 
20,000 
40,000 
20,000 
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JACKPOT AMUSEMENTS LIMITED Notes to the Accounts for the year ended 31 March 2024
8
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
9
Transactions with related parties
The company was under the control of Mr. C. Hayes and Mrs. J. Hayes throughout the year.
10
Average number of employees
During the year the average number of employees was 2 (2023: 2).
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