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REGISTERED NUMBER: 08354998 (England and Wales)















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: A J Lynch





REGISTERED OFFICE: First Floor
Black Country House
Rounds Green Road
Oldbury
West Midlands
B69 2DG





REGISTERED NUMBER: 08354998 (England and Wales)





ACCOUNTANTS: Crowe U.K. LLP
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 4 231,390 227,613

CURRENT ASSETS
Stocks 9,936 7,052
Debtors 5 17,738 6,487
Cash at bank and in hand 138,007 122,621
165,681 136,160
CREDITORS
Amounts falling due within one year 6 219,959 222,448
NET CURRENT LIABILITIES (54,278 ) (86,288 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

177,112

141,325

CREDITORS
Amounts falling due after more than
one year

7

(14,063

)

(23,456

)

PROVISIONS FOR LIABILITIES (27,556 ) (24,728 )
NET ASSETS 135,493 93,141

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 135,491 93,139
SHAREHOLDERS' FUNDS 135,493 93,141

FULL GAMING MANAGEMENT SERVICES LIMITED (REGISTERED NUMBER: 08354998)

BALANCE SHEET - continued
31 MARCH 2024


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

The members have not required the company to obtain an audit of its financial statements for the period 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 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 7 October 2024 and were signed by:





A J Lynch - Director


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 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 represents net gaming wins plus turnover generated from the sale of food and beverages, net of value added tax.

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 - 2% on cost
Plant and machinery etc - 25% on reducing balance

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 25 (2023 - 23 ) .

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 206,781 119,431 326,212
Additions - 23,350 23,350
At 31 March 2024 206,781 142,781 349,562
DEPRECIATION
At 31 March 2023 20,296 78,303 98,599
Charge for period 4,136 15,437 19,573
At 31 March 2024 24,432 93,740 118,172
NET BOOK VALUE
At 31 March 2024 182,349 49,041 231,390
At 30 March 2023 186,485 41,128 227,613

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 17,738 6,487

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 10,149 9,915
Trade creditors 20,327 32,477
Taxation and social security 20,830 26,378
Other creditors 168,653 153,678
219,959 222,448

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
2024 2023
£    £   
Bank loans 14,063 23,456

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.