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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
Page
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WE RAISE THE GAME LTD Company Information for the year ended 31 March 2024
Director
Mark Turner
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
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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
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WE RAISE THE GAME LTD Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
201 
287 
Current assets
Debtors
122,072 
108,920 
Cash at bank and in hand
19,470 
54,186 
141,542 
163,106 
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
Deferred tax
(38)
(54)
Net assets
112,403 
123,904 
Capital and reserves
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
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WE RAISE THE GAME LTD Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
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.
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.
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.
Turnover
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 taxation
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
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.
Pension costs
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.
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WE RAISE THE GAME LTD Notes to the Accounts for the year ended 31 March 2024
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 April 2023
981 
At 31 March 2024
981 
Depreciation
At 1 April 2023
694 
Charge for the year
86 
At 31 March 2024
780 
Net book value
At 31 March 2024
201 
At 31 March 2023
287 
5
Debtors
2024 
2023 
£ 
£ 
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 
122,072 
108,920 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
4,200 
4,200 
VAT
6,376 
5,920 
Trade creditors
1,788 
1,158 
Taxes and social security
1,387 
15,715 
Other creditors
275 
374 
Accruals
3,043 
2,618 
Deferred income
6,983 
- 
24,052 
29,985 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
5,250 
9,450 
8
Controlling party
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).
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