Acorah Software Products - Accounts Production 16.1.300 false true true 31 May 2023 1 June 2022 false 1 June 2023 31 May 2024 31 May 2024 09055065 Mr James Parker Mr Ross Laurie Mr Peter Van Der Watt Ms Lyndy Bailey Reforged Studios Limited true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09055065 2023-05-31 09055065 2024-05-31 09055065 2023-06-01 2024-05-31 09055065 frs-core:CurrentFinancialInstruments 2024-05-31 09055065 frs-core:Non-currentFinancialInstruments 2024-05-31 09055065 frs-core:ComputerEquipment 2024-05-31 09055065 frs-core:ComputerEquipment 2023-06-01 2024-05-31 09055065 frs-core:ComputerEquipment 2023-05-31 09055065 frs-core:FurnitureFittings 2024-05-31 09055065 frs-core:FurnitureFittings 2023-06-01 2024-05-31 09055065 frs-core:FurnitureFittings 2023-05-31 09055065 frs-core:SharePremium 2024-05-31 09055065 frs-core:ShareCapital 2024-05-31 09055065 frs-core:RetainedEarningsAccumulatedLosses 2024-05-31 09055065 frs-bus:PrivateLimitedCompanyLtd 2023-06-01 2024-05-31 09055065 frs-bus:FilletedAccounts 2023-06-01 2024-05-31 09055065 frs-bus:SmallEntities 2023-06-01 2024-05-31 09055065 frs-bus:AuditExempt-NoAccountantsReport 2023-06-01 2024-05-31 09055065 frs-bus:SmallCompaniesRegimeForAccounts 2023-06-01 2024-05-31 09055065 1 2023-06-01 2024-05-31 09055065 frs-bus:Director1 2023-06-01 2024-05-31 09055065 frs-bus:Director2 2023-06-01 2024-05-31 09055065 frs-bus:Director3 2023-06-01 2024-05-31 09055065 frs-bus:CompanySecretary1 2023-06-01 2024-05-31 09055065 frs-core:CurrentFinancialInstruments 1 2024-05-31 09055065 frs-countries:EnglandWales 2023-06-01 2024-05-31 09055065 2022-05-31 09055065 2023-05-31 09055065 2022-06-01 2023-05-31 09055065 frs-core:CurrentFinancialInstruments 2023-05-31 09055065 frs-core:Non-currentFinancialInstruments 2023-05-31 09055065 frs-core:SharePremium 2023-05-31 09055065 frs-core:ShareCapital 2023-05-31 09055065 frs-core:RetainedEarningsAccumulatedLosses 2023-05-31 09055065 frs-core:CurrentFinancialInstruments 1 2023-05-31
Registered number: 09055065
Ground Shatter Ltd.
Unaudited Financial Statements
For The Year Ended 31 May 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 09055065
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 10,383 14,649
10,383 14,649
CURRENT ASSETS
Debtors 5 127,150 156,660
Cash at bank and in hand 124,095 235,140
251,245 391,800
Creditors: Amounts Falling Due Within One Year 6 (11,022 ) (86,625 )
NET CURRENT ASSETS (LIABILITIES) 240,223 305,175
TOTAL ASSETS LESS CURRENT LIABILITIES 250,606 319,824
Creditors: Amounts Falling Due After More Than One Year 7 (7,700 ) (14,037 )
NET ASSETS 242,906 305,787
CAPITAL AND RESERVES
Called up share capital 8 124 124
Share premium account 44,976 44,976
Profit and Loss Account 197,806 260,687
SHAREHOLDERS' FUNDS 242,906 305,787
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For the year ending 31 May 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 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 company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Peter Van Der Watt
Director
24 February 2025
The notes on pages 3 to 5 form part of these financial statements.
Page 2
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Notes to the Financial Statements
1. General Information
Ground Shatter Ltd. is a private company, limited by shares, incorporated in England & Wales, registered number 09055065 . The registered office is 2nd Floor, 31 College Green, Bristol, BS1 5TB.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Going Concern Disclosure
The director has not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.
2.3. Turnover
Turnover relates to the development and sales of video games. It represents the value of work done in the period, including estimates of amounts not invoiced and is stated after trade discounts, other taxes and net of VAT.

The value of work done in relation to long-term contracts and continuing services is determined by reference to the stage of completion of the relevant contract.
2.4. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Fixtures & Fittings 25% straight line
Computer Equipment 25% straight line
2.5. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
2.6. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other year and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

The company has claimed a Creative Industries tax credit to reduce the amount of tax payable which may result in an overall amount repayable to the company.

A deferred tax asset has not been recognised in relation to the losses available as the company cannot be certain that this asset will be used in the future.
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3. Average Number of Employees
Average number of employees, including directors, during the year was:
2024 2023
Office and administration 14 14
14 14
4. Tangible Assets
Fixtures & Fittings Computer Equipment Total
£ £ £
Cost
As at 1 June 2023 6,385 24,704 31,089
As at 31 May 2024 6,385 24,704 31,089
Depreciation
As at 1 June 2023 550 15,890 16,440
Provided during the period 1,597 2,669 4,266
As at 31 May 2024 2,147 18,559 20,706
Net Book Value
As at 31 May 2024 4,238 6,145 10,383
As at 1 June 2023 5,835 8,814 14,649
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 6,740 -
Prepayments and accrued income 8,668 9,296
Other debtors 5,115 5,115
Corporation tax recoverable assets 105,732 132,869
VAT 895 9,380
127,150 156,660
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6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors - 460
Bank loans and overdrafts 6,701 7,563
Net wages - 835
Pensions payable 1,981 3,477
Accruals and deferred income 2,340 2,353
Directors' loan accounts - 71,937
11,022 86,625
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 7,700 14,037
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 124 124
9. Ultimate Controlling Party
The company's ultimate controlling party is Reforged Studios Limited by virtue of his ownership of 100% of the issued share capital in the company.
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