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REPORT OF THE DIRECTOR AND

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2023

FOR

ESCAPE PLAY LIMITED

ESCAPE PLAY LIMITED (REGISTERED NUMBER: 06615342)






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




Page

Company Information 1

Report of the Director 2

Balance Sheet 3

Notes to the Financial Statements 4

Chartered Certified Accountants' Report 7

ESCAPE PLAY LIMITED

COMPANY INFORMATION
for the year ended 31 December 2023







DIRECTOR: Mr Z A Malik





SECRETARY: Mr Z A Malik





REGISTERED OFFICE: 6 Pentrich Road
Giltbrook Industrial Park
Giltbrook
Nottinghamshire
NG16 2UZ





REGISTERED NUMBER: 06615342 (England and Wales)





ACCOUNTANTS: Hewitt Card Limited
Chartered Certified Accountants
70-72 Nottingham Road
Mansfield
Nottinghamshire
NG18 1BN

ESCAPE PLAY LIMITED (REGISTERED NUMBER: 06615342)

REPORT OF THE DIRECTOR
for the year ended 31 December 2023

The director presents his report with the financial statements of the company for the year ended 31 December 2023.

PRINCIPAL ACTIVITY
The principal activity of the company in the year under review was that of an activity centre for children.

DIRECTOR
Mr Z A Malik held office during the whole of the period from 1 January 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:





Mr Z A Malik - Secretary


16 September 2024

ESCAPE PLAY LIMITED (REGISTERED NUMBER: 06615342)

BALANCE SHEET
31 December 2023

31.12.23 31.12.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 5 116,933 261,027

CURRENT ASSETS
Stocks 6 19,903 20,497
Debtors 7 416,648 455,858
Cash at bank and in hand 20,564 200
457,115 476,555
CREDITORS
Amounts falling due within one year 8 242,244 627,722
NET CURRENT ASSETS/(LIABILITIES) 214,871 (151,167 )
TOTAL ASSETS LESS CURRENT LIABILITIES 331,804 109,860

CREDITORS
Amounts falling due after more than one year 9 130,441 41,152
NET ASSETS 201,363 68,708

CAPITAL AND RESERVES
Called up share capital 12 352,000 255,583
Retained earnings (150,637 ) (186,875 )
SHAREHOLDERS' FUNDS 201,363 68,708

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2023 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 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 director and authorised for issue on 16 September 2024 and were signed by:





Mr Z A Malik - Director


ESCAPE PLAY LIMITED (REGISTERED NUMBER: 06615342)

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

1. STATUTORY INFORMATION

Escape Play 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.

The presentation currency of the financial statements is the Pound Sterling (£).


2. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention.

Going concern
The accounts have been prepared on a going concern basis, the validity of which is dependent upon the continuing support of the company's directors and creditors.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Land and buildings - Straight line over 10 years
Plant and machinery etc - 20% on reducing balance, 10% on reducing balance and Straight line over 3 years

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

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.

ESCAPE PLAY LIMITED (REGISTERED NUMBER: 06615342)

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

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 26 (2022 - 30 ) .

5. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 January 2023 209,871 432,209 642,080
Additions - 77,315 77,315
Disposals - (310,367 ) (310,367 )
At 31 December 2023 209,871 199,157 409,028
DEPRECIATION
At 1 January 2023 189,952 191,101 381,053
Charge for year 2,845 6,131 8,976
Eliminated on disposal - (97,934 ) (97,934 )
At 31 December 2023 192,797 99,298 292,095
NET BOOK VALUE
At 31 December 2023 17,074 99,859 116,933
At 31 December 2022 19,919 241,108 261,027

6. STOCKS
31.12.23 31.12.22
£    £   
Stocks 19,903 20,497

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Trade debtors 6,981 8,572
Other debtors 344,992 397,491
Prepayments and accrued income 45,000 45,000
Prepayments 19,675 4,795
416,648 455,858

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Bank loans and overdrafts - 3,453
Other loans 48,055 11,138
Hire purchase contracts (see note 10) 4,921 6,402
Trade creditors 28,245 220,233
Social security and other taxes 4,391 2,484
VAT 33,405 20,934
Other creditors 24,442 70,307
Directors' current accounts 95,665 244,580
Accrued expenses 3,120 48,191
242,244 627,722

ESCAPE PLAY LIMITED (REGISTERED NUMBER: 06615342)

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

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.12.23 31.12.22
£    £   
Other loans - 1-2 years 21,889 5,340
Other loans - 2-5 years 87,872 16,019
Other loans more 5yrs instal 20,680 12,905
Hire purchase contracts (see note 10) - 6,888
130,441 41,152

Amounts falling due in more than five years:

Repayable by instalments
Other loans more 5yrs instal 20,680 12,905

10. LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase contracts
31.12.23 31.12.22
£    £   
Net obligations repayable:
Within one year 4,921 6,402
Between one and five years - 6,888
4,921 13,290

Non-cancellable operating leases
31.12.23 31.12.22
£    £   
Within one year 45,000 -
Between one and five years - 105,000
45,000 105,000

11. SECURED DEBTS

The following secured debts are included within creditors:

31.12.23 31.12.22
£    £   
Bank overdraft - 3,453
Other loans 178,496 45,402
Hire purchase contracts 4,921 13,290
183,417 62,145

The loans are secured by way of a debenture over the assets and trade of the business.

12. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.12.23 31.12.22
value: £    £   
255,583 Ordinary shares £1 352,000 255,583

CHARTERED CERTIFIED ACCOUNTANTS' REPORT TO THE DIRECTOR
ON THE UNAUDITED FINANCIAL STATEMENTS OF
ESCAPE PLAY LIMITED

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Statement of Comprehensive Income and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Escape Play Limited for the year ended 31 December 2023 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/rulebook.

This report is made solely to the director of Escape Play Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Escape Play Limited and state those matters that we have agreed to state to the director of Escape Play Limited in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its director for our work or for this report.

It is your duty to ensure that Escape Play Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Escape Play Limited. You consider that Escape Play Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Escape Play Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Hewitt Card Limited
Chartered Certified Accountants
70-72 Nottingham Road
Mansfield
Nottinghamshire
NG18 1BN


Date: .............................................