REGISTERED NUMBER: |
UNAUDITED FINANCIAL STATEMENTS |
FOR THE PERIOD 31 MARCH 2023 TO 31 MARCH 2024 |
FOR |
FULL GAMING MANAGEMENT SERVICES LIMITED |
REGISTERED NUMBER: |
UNAUDITED FINANCIAL STATEMENTS |
FOR THE PERIOD 31 MARCH 2023 TO 31 MARCH 2024 |
FOR |
FULL GAMING MANAGEMENT SERVICES LIMITED |
FULL GAMING MANAGEMENT SERVICES LIMITED (REGISTERED NUMBER: 08354998) |
CONTENTS OF THE FINANCIAL STATEMENTS |
FOR THE PERIOD 31 MARCH 2023 TO 31 MARCH 2024 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 4 |
FULL GAMING MANAGEMENT SERVICES LIMITED |
COMPANY INFORMATION |
FOR THE PERIOD 31 MARCH 2023 TO 31 MARCH 2024 |
DIRECTOR: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Black Country House |
Rounds Green Road |
Oldbury |
West Midlands |
B69 2DG |
FULL GAMING MANAGEMENT SERVICES LIMITED (REGISTERED NUMBER: 08354998) |
BALANCE SHEET |
31 MARCH 2024 |
2024 | 2023 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Tangible assets | 4 |
CURRENT ASSETS |
Stocks |
Debtors | 5 |
Cash at bank and in hand |
CREDITORS |
Amounts falling due within one year | 6 |
NET CURRENT LIABILITIES | ( |
) | ( |
) |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CREDITORS |
Amounts falling due after more than one year |
7 |
( |
) |
( |
) |
PROVISIONS FOR LIABILITIES | ( |
) | ( |
) |
NET ASSETS |
CAPITAL AND RESERVES |
Called up share capital |
Retained earnings |
SHAREHOLDERS' FUNDS |
FULL GAMING MANAGEMENT SERVICES LIMITED (REGISTERED NUMBER: 08354998) |
BALANCE SHEET - continued |
31 MARCH 2024 |
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. |
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 |
FULL GAMING MANAGEMENT SERVICES LIMITED (REGISTERED NUMBER: 08354998) |
NOTES TO THE FINANCIAL STATEMENTS |
FOR THE PERIOD 31 MARCH 2023 TO 31 MARCH 2024 |
1. | STATUTORY INFORMATION |
Full Gaming Management Services Limited is a |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Turnover |
Turnover represents net gaming wins plus turnover generated from the sale of food and beverages, net of value added tax. |
Tangible fixed assets |
Land and buildings | - |
Plant and machinery etc | - |
Financial instruments |
The company only enters into basic financial instruments that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties. |
Short term debtors are measured at the transaction price, less any impairment. |
Short term creditors are measured at transaction price. |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the period was |
FULL GAMING MANAGEMENT SERVICES LIMITED (REGISTERED NUMBER: 08354998) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE PERIOD 31 MARCH 2023 TO 31 MARCH 2024 |
4. | TANGIBLE FIXED ASSETS |
Plant and |
Land and | machinery |
buildings | etc | Totals |
£ | £ | £ |
COST |
At 31 March 2023 |
Additions |
At 31 March 2024 |
DEPRECIATION |
At 31 March 2023 |
Charge for period |
At 31 March 2024 |
NET BOOK VALUE |
At 31 March 2024 |
At 30 March 2023 |
5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2024 | 2023 |
£ | £ |
Other debtors |
6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2024 | 2023 |
£ | £ |
Bank loans and overdrafts |
Trade creditors |
Taxation and social security |
Other creditors |
7. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
2024 | 2023 |
£ | £ |
Bank loans |
FULL GAMING MANAGEMENT SERVICES LIMITED (REGISTERED NUMBER: 08354998) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE PERIOD 31 MARCH 2023 TO 31 MARCH 2024 |
8. | PERSONAL GUARANTEES |
A J Lynch, director, has personally guaranteed the payments of the lease agreement for the rented premises. The maximum liability payable by the director at the year end was £454,229 (2023: £498,665). |
The director has also personally guaranteed a selection of bank loans. The potential liability payable by the director at the year end was £24,212 (2023: £33,371). |
9. | OPERATING LEASE COMMITMENTS |
The company had operating lease commitments of £454,229 (2023: £498,665) at the period end. |