Company Registration No. 11794480 (England and Wales)
WE RAISE THE GAME LTD
Unaudited accounts
for the year ended 31 March 2024
WE RAISE THE GAME LTD
Unaudited accounts
Contents
WE RAISE THE GAME LTD
Company Information
for the year ended 31 March 2024
Company Number
11794480 (England and Wales)
Registered Office
CANBERRA FARM MOOR DIKE ROAD
HATFIELD WOODHOUSE
DONCASTER
DN7 6DP
UNITED KINGDOM
Accountants
Cloud Accountancy Limited
5 Park Crescent
Retford
Notts
DN22 6UF
Chartered Management Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of
WE RAISE THE GAME LTD
for the year ended 31 March 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of WE RAISE THE GAME LTD for the year ended 31 March 2024 which comprise of the Profit and Loss Account, the Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.
As a CIMA Registered Member in Practice and Practising Certificate holder, I am subject to its ethical and other professional requirements which are detailed at https://www.cimaglobal.com/Members/Your-Membership-Information/Members-handbook/Licensing-and-monitoring/Members-in-practice/
This report is made solely to the Board of Directors of WE RAISE THE GAME LTD, as a body, in accordance with the terms of our engagement letter dated 8 April 2021. Our work has been undertaken solely to prepare for your approval the accounts of WE RAISE THE GAME LTD and state those matters that we have agreed to state to the Board of Directors of WE RAISE THE GAME LTD, as a body, in this report in accordance with the requirements of the Chartered Institute of Management Accountants as detailed at http://www.cimaglobal.com. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than WE RAISE THE GAME LTD and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that WE RAISE THE GAME LTD has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of WE RAISE THE GAME LTD. You consider that WE RAISE THE GAME LTD 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 accounts of WE RAISE THE GAME LTD. 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 accounts.
Cloud Accountancy Limited
Member in Practice
5 Park Crescent
Retford
Notts
DN22 6UF
26 September 2024
WE RAISE THE GAME LTD
Statement of financial position
as at 31 March 2024
Cash at bank and in hand
19,470
54,186
Creditors: amounts falling due within one year
(24,052)
(29,985)
Net current assets
117,490
133,121
Total assets less current liabilities
117,691
133,408
Creditors: amounts falling due after more than one year
(5,250)
(9,450)
Provisions for liabilities
Net assets
112,403
123,904
Called up share capital
10
10
Profit and loss account
112,393
123,894
Shareholders' funds
112,403
123,904
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 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 4 October 2024 and were signed on its behalf by
Mark Turner
Director
Company Registration No. 11794480
WE RAISE THE GAME LTD
Notes to the Accounts
for the year ended 31 March 2024
WE RAISE THE GAME LTD is a private company, limited by shares, registered in England and Wales, registration number 11794480. The registered office is CANBERRA FARM MOOR DIKE ROAD, HATFIELD WOODHOUSE, DONCASTER, DN7 6DP, 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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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:
Computer equipment
30% Reducing Balance
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Government grants in relation to tangible fixed assets are credited to profit and loss account over the useful lives of the related assets, whereas those in relation to expenditure are credited when the expenditure is charged to profit and loss.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
WE RAISE THE GAME LTD
Notes to the Accounts
for the year ended 31 March 2024
4
Tangible fixed assets
Computer equipment
Amounts falling due within one year
Trade debtors
22,572
27,520
Amounts due from group undertakings etc.
99,500
80,500
Accrued income and prepayments
-
900
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
4,200
4,200
Trade creditors
1,788
1,158
Taxes and social security
1,387
15,715
7
Creditors: amounts falling due after more than one year
2024
2023
The company is wholly owned by Media&MGMT Ltd (Company number 12747587) whose address is Canberra Farm, Moor Dike Road, Hatfield Woodhouse, Doncaster DN7 6DP
9
Average number of employees
During the year the average number of employees was 5 (2023: 3).