Play The Game TV Ltd NI658945 false 2023-03-01 2024-02-29 2024-02-29 The principal activity of the company is Television programme production. Digita Accounts Production Advanced 6.30.9574.0 true true NI658945 2023-03-01 2024-02-29 NI658945 2024-02-29 NI658945 bus:Director1 1 2024-02-29 NI658945 core:CurrentFinancialInstruments 2024-02-29 NI658945 core:CurrentFinancialInstruments core:WithinOneYear 2024-02-29 NI658945 core:Non-currentFinancialInstruments 2024-02-29 NI658945 core:Non-currentFinancialInstruments core:AfterOneYear 2024-02-29 NI658945 core:OfficeEquipment 2024-02-29 NI658945 bus:SmallEntities 2023-03-01 2024-02-29 NI658945 bus:AuditExemptWithAccountantsReport 2023-03-01 2024-02-29 NI658945 bus:FilletedAccounts 2023-03-01 2024-02-29 NI658945 bus:SmallCompaniesRegimeForAccounts 2023-03-01 2024-02-29 NI658945 bus:RegisteredOffice 2023-03-01 2024-02-29 NI658945 bus:Director1 2023-03-01 2024-02-29 NI658945 bus:Director1 1 2023-03-01 2024-02-29 NI658945 bus:PrivateLimitedCompanyLtd 2023-03-01 2024-02-29 NI658945 core:ComputerEquipment 2023-03-01 2024-02-29 NI658945 core:OfficeEquipment 2023-03-01 2024-02-29 NI658945 countries:NorthernIreland 2023-03-01 2024-02-29 NI658945 2023-02-28 NI658945 bus:Director1 1 2023-02-28 NI658945 core:OfficeEquipment 2023-02-28 NI658945 2022-03-01 2023-02-28 NI658945 2023-02-28 NI658945 core:CurrentFinancialInstruments 2023-02-28 NI658945 core:CurrentFinancialInstruments core:WithinOneYear 2023-02-28 NI658945 core:Non-currentFinancialInstruments 2023-02-28 NI658945 core:Non-currentFinancialInstruments core:AfterOneYear 2023-02-28 NI658945 core:OfficeEquipment 2023-02-28 iso4217:GBP xbrli:pure

Registration number: NI658945

Play The Game TV Ltd

Unaudited Filleted Financial Statements

for the Year Ended 29 February 2024

 

Play The Game TV Ltd

Contents

Balance Sheet

1

Notes to the Unaudited Financial Statements

2 to 5

 

Play The Game TV Ltd

(Registration number: NI658945)
Balance Sheet as at 29 February 2024

Note

2024
£

2023
£

Fixed assets

 

Tangible assets

4

420

699

Current assets

 

Debtors

5

15,389

12,375

Cash at bank and in hand

 

612

478

 

16,001

12,853

Creditors: Amounts falling due within one year

6

(13,389)

(8,390)

Net current assets

 

2,612

4,463

Total assets less current liabilities

 

3,032

5,162

Creditors: Amounts falling due after more than one year

6

(2,613)

(4,670)

Net assets

 

419

492

Capital and reserves

 

Called up share capital

7

1

1

Retained earnings

418

491

Shareholders' funds

 

419

492

For the financial year ending 29 February 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 28 November 2024
 

.........................................
Patrick Daniel McKenna
Director

 

Play The Game TV Ltd

Notes to the Unaudited Financial Statements for the Year Ended 29 February 2024

1

General information

The company is a private company limited by share capital, incorporated in Northern Ireland.

Company number

NI658945

The address of its registered office is:
62 Soldierstown Road
Aghalee
Craigavon
County Armagh
BT67 0ET
United Kingdom

The presentation currency is £ Sterling.

The level of rounding is to the nearest £ Sterling.

2

Accounting policies

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Going concern

The financial statements have been prepared on a going concern basis.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

 

Play The Game TV Ltd

Notes to the Unaudited Financial Statements for the Year Ended 29 February 2024

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit.
Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that
taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have
been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and asset reflects the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Computer Equipment

20% straight line

Dividends

Dividend distribution to the company's shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

3

Staff numbers

The average number of persons employed by the company (including the director) during the year, was 2 (2023 - 2).

 

Play The Game TV Ltd

Notes to the Unaudited Financial Statements for the Year Ended 29 February 2024

4

Tangible assets

Office equipment
£

Total
£

Cost or valuation

At 1 March 2023

1,399

1,399

At 29 February 2024

1,399

1,399

Depreciation

At 1 March 2023

700

700

Charge for the year

279

279

At 29 February 2024

979

979

Carrying amount

At 29 February 2024

420

420

At 28 February 2023

699

699

5

Debtors

2024
£

2023
£

Trade debtors

7,265

12,375

Other debtors

8,124

-

15,389

12,375

6

Creditors

Creditors: amounts falling due within one year

Note

2024
£

2023
£

Due within one year

 

Loans and borrowings

8

3,125

1,997

Taxation and social security

 

8,203

4,176

Accruals and deferred income

 

2,061

1,887

Other creditors

 

-

330

 

13,389

8,390

 

Play The Game TV Ltd

Notes to the Unaudited Financial Statements for the Year Ended 29 February 2024

Creditors: amounts falling due after more than one year

Note

2024
£

2023
£

Due after one year

 

Loans and borrowings

8

2,613

4,670

7

Share capital

Allotted, called up and fully paid shares

2024

2023

No.

£

No.

£

Allotted, Called up and fully paid of £1 each

1

1

1

1

       

8

Loans and borrowings

Non-current loans and borrowings

2024
£

2023
£

Other borrowings

2,613

4,670

Current loans and borrowings

2024
£

2023
£

Bank overdrafts

1,073

-

Other borrowings

2,052

1,997

3,125

1,997

9

Related party transactions

Transactions with the director

2024

At 1 March 2023
£

Advances to director
£

Repayments by director
£

At 29 February 2024
£

Patrick Daniel McKenna

(1,222)

(47,935)

41,032

(8,124)