1 January 2023 false No description of principal activity Taxfiler 2024.5 02397261business:PrivateLimitedCompanyLtd2023-01-012023-12-31 023972612022-12-31 023972612023-01-012023-12-31 02397261business:AuditExempt-NoAccountantsReport2023-01-012023-12-31 02397261business:FilletedAccounts2023-01-012023-12-31 023972612023-12-31 02397261business:Director12023-01-012023-12-31 02397261business:RegisteredOffice2023-01-012023-12-31 023972612022-12-31 02397261core:WithinOneYear2023-12-31 02397261core:WithinOneYear2022-12-31 02397261core:AfterOneYear2023-12-31 02397261core:AfterOneYear2022-12-31 02397261core:ShareCapitalcore:PreviouslyStatedAmount2023-12-31 02397261core:ShareCapitalcore:PreviouslyStatedAmount2022-12-31 02397261core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-12-31 02397261core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-12-31 02397261core:PreviouslyStatedAmount2023-12-31 02397261core:PreviouslyStatedAmount2022-12-31 02397261business:SmallEntities2023-01-012023-12-31 02397261countries:EnglandWales2023-01-012023-12-31 02397261core:PlantMachinery2023-01-012023-12-31 02397261core:FurnitureFittings2023-01-012023-12-31 02397261core:PlantMachinery2022-12-31 02397261core:FurnitureFittings2022-12-31 02397261core:PlantMachinery2023-12-31 02397261core:FurnitureFittings2023-12-31 02397261core:RevaluationsIncreaseDecreaseInInvestments2023-12-31 02397261core:DisposalsRepaymentsInvestments2023-12-31 023972612022-01-012022-12-31 iso4217:GBP xbrli:pure
Company Registration No. 02397261 (England and Wales)
UK Games Limited Unaudited accounts for the year ended 31 December 2023
UK Games Limited Unaudited accounts Contents
Page
- 2 -
UK Games Limited Company Information for the year ended 31 December 2023
Director
Ivan James Hodges
Company Number
02397261 (England and Wales)
Registered Office
New Court, Cowbridge Rd Llantwit Major CF61 2YS United Kingdom
Accountants
A40infobahn Limited Bron Haul Penlan Road CARMARTHEN Carmarthenshire SA31 1DN
- 3 -
UK Games Limited Statement of financial position as at 31 December 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
2,111 
2,941 
Investments
24,999 
24,999 
27,110 
27,940 
Current assets
Inventories
8,250 
8,250 
Debtors
343,913 
347,847 
Cash at bank and in hand
9,226 
15,308 
361,389 
371,405 
Creditors: amounts falling due within one year
(75,349)
(123,091)
Net current assets
286,040 
248,314 
Total assets less current liabilities
313,150 
276,254 
Creditors: amounts falling due after more than one year
(83,238)
(53,213)
Net assets
229,912 
223,041 
Capital and reserves
Called up share capital
791,805 
791,805 
Profit and loss account
(561,893)
(568,764)
Shareholders' funds
229,912 
223,041 
For the year ending 31 December 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 director acknowledges his 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 and authorised for issue on 16 September 2024 and were signed on its behalf by
Ivan James Hodges Director Company Registration No. 02397261
- 4 -
UK Games Limited Notes to the Accounts for the year ended 31 December 2023
1
Statutory information
UK Games Limited is a private company, limited by shares, registered in England and Wales, registration number 02397261. The registered office is New Court,, Cowbridge Rd, Llantwit Major, CF61 2YS, 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.
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.
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
33%
Fixtures & fittings
10%
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.
4
Tangible fixed assets
Plant & machinery 
Fixtures & fittings 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 January 2023
5,530 
605 
6,135 
At 31 December 2023
5,530 
605 
6,135 
Depreciation
At 1 January 2023
2,589 
605 
3,194 
Charge for the year
830 
- 
830 
At 31 December 2023
3,419 
605 
4,024 
Net book value
At 31 December 2023
2,111 
- 
2,111 
At 31 December 2022
2,941 
- 
2,941 
- 5 -
UK Games Limited Notes to the Accounts for the year ended 31 December 2023
5
Investments
Subsidiary undertakings 
£ 
Valuation at 1 January 2023
24,999 
Fair value adjustments
24,999 
Disposals
(24,999)
Valuation at 31 December 2023
24,999 
During review of Financial statements it was agreed by the Director that in view of the disposal of the premises on Vale Business Park, It was unlikley that Rakgard International Limited would be viable in future. It has therefore been decided to Apply for Voluntary Strikeoff of the company from the Register of Companies. The few remaining assets of the company mainly consist of Intercompany Balances. Accordingly, in this set of accounts we recognise that the Value of the Shares should be fully provided for
6
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
77,444 
89,644 
Amounts due from group undertakings etc.
195,526 
170,644 
Accrued income and prepayments
20,943 
20,943 
Other debtors
50,000 
66,616 
343,913 
347,847 
7
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
VAT
(328)
(328)
Trade creditors
1,767 
2,044 
Amounts owed to group undertakings and other participating interests
74,232 
114,104 
Taxes and social security
(10,133)
- 
Accruals
9,811 
7,271 
75,349 
123,091 
8
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Obligations under finance leases and hire purchase contracts
83,238 
53,213 
9
Average number of employees
During the year the average number of employees was 0 (2022: 0).
- 6 -