2023-06-012024-05-312024-05-31false14111009GAMEGRID LTD2025-02-2262011falseiso4217:GBPxbrli:pure141110092023-06-01141110092024-05-31141110092023-06-012024-05-31141110092022-05-17141110092023-05-31141110092022-05-172023-05-3114111009bus:SmallEntities2023-06-012024-05-3114111009bus:AuditExempt-NoAccountantsReport2023-06-012024-05-3114111009bus:FullAccounts2023-06-012024-05-3114111009bus:PrivateLimitedCompanyLtd2023-06-012024-05-3114111009core:WithinOneYear2024-05-3114111009core:AfterOneYear2024-05-3114111009core:WithinOneYear2023-05-3114111009core:AfterOneYear2023-05-3114111009core:ShareCapital2024-05-3114111009core:SharePremium2024-05-3114111009core:RevaluationReserve2024-05-3114111009core:OtherReservesSubtotal2024-05-3114111009core:RetainedEarningsAccumulatedLosses2024-05-3114111009core:ShareCapital2023-05-3114111009core:SharePremium2023-05-3114111009core:RevaluationReserve2023-05-3114111009core:OtherReservesSubtotal2023-05-3114111009core:RetainedEarningsAccumulatedLosses2023-05-3114111009core:LandBuildings2024-05-3114111009core:PlantMachinery2024-05-3114111009core:Vehicles2024-05-3114111009core:FurnitureFittings2024-05-3114111009core:OfficeEquipment2024-05-3114111009core:NetGoodwill2024-05-3114111009core:IntangibleAssetsOtherThanGoodwill2024-05-3114111009core:ListedExchangeTraded2024-05-3114111009core:UnlistedNon-exchangeTraded2024-05-3114111009core:LandBuildings2023-05-3114111009core:PlantMachinery2023-05-3114111009core:Vehicles2023-05-3114111009core:FurnitureFittings2023-05-3114111009core:OfficeEquipment2023-05-3114111009core:NetGoodwill2023-05-3114111009core:IntangibleAssetsOtherThanGoodwill2023-05-3114111009core:ListedExchangeTraded2023-05-3114111009core:UnlistedNon-exchangeTraded2023-05-3114111009core:LandBuildings2023-06-012024-05-3114111009core:PlantMachinery2023-06-012024-05-3114111009core:Vehicles2023-06-012024-05-3114111009core:FurnitureFittings2023-06-012024-05-3114111009core:OfficeEquipment2023-06-012024-05-3114111009core:NetGoodwill2023-06-012024-05-3114111009core:IntangibleAssetsOtherThanGoodwill2023-06-012024-05-3114111009core:ListedExchangeTraded2023-06-012024-05-3114111009core:UnlistedNon-exchangeTraded2023-06-012024-05-3114111009core:MoreThanFiveYears2023-06-012024-05-3114111009core:Non-currentFinancialInstruments2024-05-3114111009core:Non-currentFinancialInstruments2023-05-3114111009dpl:CostSales2023-06-012024-05-3114111009dpl:DistributionCosts2023-06-012024-05-3114111009core:LandBuildings2023-06-012024-05-3114111009core:PlantMachinery2023-06-012024-05-3114111009core:Vehicles2023-06-012024-05-3114111009core:FurnitureFittings2023-06-012024-05-3114111009core:OfficeEquipment2023-06-012024-05-3114111009dpl:AdministrativeExpenses2023-06-012024-05-3114111009core:NetGoodwill2023-06-012024-05-3114111009core:IntangibleAssetsOtherThanGoodwill2023-06-012024-05-3114111009dpl:GroupUndertakings2023-06-012024-05-3114111009dpl:ParticipatingInterests2023-06-012024-05-3114111009dpl:GroupUndertakingscore:ListedExchangeTraded2023-06-012024-05-3114111009core:ListedExchangeTraded2023-06-012024-05-3114111009dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2023-06-012024-05-3114111009core:UnlistedNon-exchangeTraded2023-06-012024-05-3114111009dpl:CostSales2022-05-172023-05-3114111009dpl:DistributionCosts2022-05-172023-05-3114111009core:LandBuildings2022-05-172023-05-3114111009core:PlantMachinery2022-05-172023-05-3114111009core:Vehicles2022-05-172023-05-3114111009core:FurnitureFittings2022-05-172023-05-3114111009core:OfficeEquipment2022-05-172023-05-3114111009dpl:AdministrativeExpenses2022-05-172023-05-3114111009core:NetGoodwill2022-05-172023-05-3114111009core:IntangibleAssetsOtherThanGoodwill2022-05-172023-05-3114111009dpl:GroupUndertakings2022-05-172023-05-3114111009dpl:ParticipatingInterests2022-05-172023-05-3114111009dpl:GroupUndertakingscore:ListedExchangeTraded2022-05-172023-05-3114111009core:ListedExchangeTraded2022-05-172023-05-3114111009dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-05-172023-05-3114111009core:UnlistedNon-exchangeTraded2022-05-172023-05-3114111009core:NetGoodwill2024-05-3114111009core:IntangibleAssetsOtherThanGoodwill2024-05-3114111009core:LandBuildings2024-05-3114111009core:PlantMachinery2024-05-3114111009core:Vehicles2024-05-3114111009core:FurnitureFittings2024-05-3114111009core:OfficeEquipment2024-05-3114111009core:AfterOneYear2024-05-3114111009core:WithinOneYear2024-05-3114111009core:ListedExchangeTraded2024-05-3114111009core:UnlistedNon-exchangeTraded2024-05-3114111009core:ShareCapital2024-05-3114111009core:SharePremium2024-05-3114111009core:RevaluationReserve2024-05-3114111009core:OtherReservesSubtotal2024-05-3114111009core:RetainedEarningsAccumulatedLosses2024-05-3114111009core:NetGoodwill2023-05-3114111009core:IntangibleAssetsOtherThanGoodwill2023-05-3114111009core:LandBuildings2023-05-3114111009core:PlantMachinery2023-05-3114111009core:Vehicles2023-05-3114111009core:FurnitureFittings2023-05-3114111009core:OfficeEquipment2023-05-3114111009core:AfterOneYear2023-05-3114111009core:WithinOneYear2023-05-3114111009core:ListedExchangeTraded2023-05-3114111009core:UnlistedNon-exchangeTraded2023-05-3114111009core:ShareCapital2023-05-3114111009core:SharePremium2023-05-3114111009core:RevaluationReserve2023-05-3114111009core:OtherReservesSubtotal2023-05-3114111009core:RetainedEarningsAccumulatedLosses2023-05-3114111009core:NetGoodwill2022-05-1714111009core:IntangibleAssetsOtherThanGoodwill2022-05-1714111009core:LandBuildings2022-05-1714111009core:PlantMachinery2022-05-1714111009core:Vehicles2022-05-1714111009core:FurnitureFittings2022-05-1714111009core:OfficeEquipment2022-05-1714111009core:AfterOneYear2022-05-1714111009core:WithinOneYear2022-05-1714111009core:ListedExchangeTraded2022-05-1714111009core:UnlistedNon-exchangeTraded2022-05-1714111009core:ShareCapital2022-05-1714111009core:SharePremium2022-05-1714111009core:RevaluationReserve2022-05-1714111009core:OtherReservesSubtotal2022-05-1714111009core:RetainedEarningsAccumulatedLosses2022-05-1714111009core:AfterOneYear2023-06-012024-05-3114111009core:WithinOneYear2023-06-012024-05-3114111009core:Non-currentFinancialInstrumentscore:CostValuation2023-06-012024-05-3114111009core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2023-06-012024-05-3114111009core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2023-06-012024-05-3114111009core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2023-06-012024-05-3114111009core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2023-06-012024-05-3114111009core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2023-06-012024-05-3114111009core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2023-06-012024-05-3114111009core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2023-06-012024-05-3114111009core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2023-06-012024-05-3114111009core:Non-currentFinancialInstrumentscore:CostValuation2024-05-3114111009core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2024-05-3114111009core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2024-05-3114111009core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2024-05-3114111009core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2024-05-3114111009core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2024-05-3114111009core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2024-05-3114111009core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2024-05-3114111009core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2024-05-3114111009core:Non-currentFinancialInstrumentscore:CostValuation2023-05-3114111009core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2023-05-3114111009core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2023-05-3114111009core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2023-05-3114111009core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2023-05-3114111009core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2023-05-3114111009core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2023-05-3114111009core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2023-05-3114111009core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2023-05-3114111009bus:Director12023-06-012024-05-3114111009bus:Director22023-06-012024-05-311411100912023-06-012024-05-31

GAMEGRID LTD

Registered Number
14111009
(England and Wales)

Unaudited Financial Statements for the Year ended
31 May 2024

GAMEGRID LTD
Company Information
for the year from 1 June 2023 to 31 May 2024

Directors

BEARDMORE, Karl Adam
DAVEY, Rhys Philip

Registered Address

Gamegrid Ltd Clough Street East
Hanley
Stoke-On-Trent
ST1 4FB

Registered Number

14111009 (England and Wales)
GAMEGRID LTD
Balance Sheet as at
31 May 2024

Notes

2024

2023

£

£

£

£

Fixed assets
Tangible assets34,0295,684
4,0295,684
Current assets
Debtors45,0734,454
Cash at bank and on hand1,5662,101
6,6396,555
Creditors amounts falling due within one year5(38,277)(23,545)
Net current assets (liabilities)(31,638)(16,990)
Total assets less current liabilities(27,609)(11,306)
Creditors amounts falling due after one year6(23,665)(11,483)
Net assets(51,274)(22,789)
Capital and reserves
Called up share capital22
Profit and loss account(51,276)(22,791)
Shareholders' funds(51,274)(22,789)
The financial statements were approved and authorised for issue by the Board of Directors on 22 February 2025, and are signed on its behalf by:
BEARDMORE, Karl Adam
Director
Registered Company No. 14111009
GAMEGRID LTD
Notes to the Financial Statements
for the year ended 31 May 2024

1.Accounting policies
Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
Statement of compliance
The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the financial reporting standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Functional and presentation currency
The financial statements are presented in sterling and this is the functional currency of the company.
Going concern
After reviewing the company's forecasts and projections, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. The company therefore continues to adopt the going concern basis of accounting in preparing its financial statements.
Judgements and key sources of estimation uncertainty
In the application of the company's accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying values of assets and liabilities that are not readily apparent from other sources. These critical accounting judgements and estimations are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates. The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised if the revision affects only that period, or in the period of the revision and future periods if the revision affects both current and future periods. The critical judgements made by management that have a significant effect on the amounts recognised in the financial statements are described below. (i) Useful economic lives of tangible assets The annual depreciation charge for tangible assets is sensitive to changes in the estimated useful economic lives and residual values of the assets. The useful economic lives and residual values are re-assessed annually. They are amended when necessary to reflect current estimates, based on technological advancement, future investments, economic utilisation and physical condition of the assets. See tangible assets note for the carrying amount of the assets and the accounting policy for the useful economic lives for each class of assets.
Revenue from sale of goods
Revenue from the sale of goods is recognised when the company has transferred to the buyer the significant risks and rewards of ownership of the goods, usually when goods are delivered and legal title has passed. Providing the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transition can be measured reliably.
Employee benefits
Short-term employee benefits are measured at the undiscounted amount expected to be paid in exchange for the employee's services to the company. Where employees have accrued short-term benefits which the entity has not paid by the balance sheet date, an accrual is recognised within creditors: amounts falling due within one year together with an associated expense in profit or loss. The liabilities are classified as current obligations in the statement of financial position because they are expected to be settled wholly within twelve months after the end of the period.
Current taxation
Current tax is recognised in profit or loss, except for taxes related to revaluations of land and buildings which are recognised in other comprehensive income. Current tax represents the amount of tax payable (receivable) in respect of taxable profit (loss) for the current, or past, reporting periods. Current tax is measured at the amount expected to be paid (recovered) using the tax rates and laws which have been enacted, or substantively enacted, by the balance sheet date. Where payments to HM Revenue and Customs exceed liabilities owed, an asset is recognised to the extent of the amount of tax recoverable.
Deferred tax
Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
Tangible fixed assets and depreciation
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss. A review for indicators of impairment is carried out at each reporting date, with recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. For the purpose of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash- generating unit to which the asset belongs. The cash- generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or group of assets. Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Straight line (years)
Plant and machinery4
Office Equipment4
Financial instruments
A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at transaction price and measured at amortised cost using the effective interest method. Where investments in non-derivative financial instruments are publicly traded, or their fair value can otherwise be measured reliably, the investment is subsequently measured at fair value through profit and loss. All other investments are subsequently measured at cost less impairment. Financial assets which are measured at cost or amortised cost are reviewed for objective evidence of impairment at each balance sheet date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately. All equity instruments, regardless of significance, and other financial assets that are individually significant, are assessed individually for impairment.
2.Average number of employees

20242023
Average number of employees during the year95
3.Tangible fixed assets

Plant & machinery

Office Equipment

Total

£££
Cost or valuation
At 01 June 235,6991,8807,579
Additions-320320
At 31 May 245,6992,2007,899
Depreciation and impairment
At 01 June 231,4254701,895
Charge for year1,4255501,975
At 31 May 242,8501,0203,870
Net book value
At 31 May 242,8491,1804,029
At 31 May 234,2741,4105,684
4.Debtors: amounts due within one year

2024

2023

££
Trade debtors / trade receivables-210
Prepayments and accrued income5,0734,244
Total5,0734,454
5.Creditors: amounts due within one year

2024

2023

££
Trade creditors / trade payables12,6516,140
Bank borrowings and overdrafts6,721-
Taxation and social security4,3725,288
Other creditors13,85811,492
Accrued liabilities and deferred income675625
Total38,27723,545
6.Creditors: amounts due after one year

2024

2023

££
Other creditors23,66511,483
Total23,66511,483
7.Events after reporting date
There were no material events up to the date of approval of the financial statements by the board.
8.Related party transactions
Transactions with directors are under normal market conditions and/or not material.