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BALANCE SHEET AT 31/12/2023 |
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| | | | | | 2023 |
| | Notes | | | | £ |
| | | | | | |
FIXED ASSETS | | | | | | |
Investment Assets | | 3 | | | | 478,035 |
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CURRENT ASSETS | | | | | | |
Debtors | | 4 | | 2,182,685 | | |
Cash at bank and in hand | | | | 16,959 | | |
| | | | 2,199,644 | | |
CREDITORS: Amounts falling due within one year | | 5 | | 1,773,670 | | |
NET CURRENT ASSETS | | | | | | 425,974 |
TOTAL ASSETS LESS CURRENT LIABILITIES | | | | | | 904,009 |
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NET ASSETS | | | | | | 904,009 |
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CAPITAL AND RESERVES | | | | | | |
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Called up share capital | | 8 | | | | 2,000 |
Share premium account | | 9 | | | | 997,804 |
Profit and loss account | | | | | | (95,795) |
SHAREHOLDERS' FUNDS | | | | | | 904,009 |
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For the year ending 31/12/2023 the company was entitled to exemption 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 directors acknowledge their 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. |
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account. |
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Approved by the board on 28/11/2024 and signed on their behalf by | | | | | | |
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Kevin McGinnigle | | | | | | |
Director | | | | | | |
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3. FINANCIAL ASSETS | | | | |
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| | Shares in group companies | | |
| | and participating interests | | Total |
| | £ | | £ |
Cost | | | | |
Additions | | 478,035 | | 478,035 |
At 31/12/2023 | | 478,035 | | 478,035 |
Amortisation | | | | |
Net Book Amounts | | | | |
At 31/12/2023 | | 478,035 | | 478,035 |
The company holds 100% of the share capital of Witnall Automatics Limited; a company that operates a number of Bingo Halls and associated entertainment venues and is incorporated in England & Wales.
The aggregate amount of capital and reserves for this company as at 31 December 2023 were £1,437,602 (30 June 2023 - £186,785).
The profit of Witnall Automatics Limited for the six months ended 31 December 2023 was a £1,250,818 (year ended 30 June 2023 - profit £66,999). | |
The company holds 100% of the share capital of Majestic Bingo Online Limited; an online Bingo company incorporated in England & Wales.
The agregate amount of capital and reserves for this company as at 31 December 2023 were £8,964 (2022 - £63,790).
The profit of Majestic Bingo Online Limtied for the year ended 31 December 2023 was a loss of £54,826 (2022 - profit £76,391). | |
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