REGISTERED NUMBER: |
Unaudited Financial Statements |
for the Year Ended 31 October 2024 |
for |
GOLDGAME LTD |
REGISTERED NUMBER: |
Unaudited Financial Statements |
for the Year Ended 31 October 2024 |
for |
GOLDGAME LTD |
GOLDGAME LTD (REGISTERED NUMBER: 04508273) |
Contents of the Financial Statements |
FOR THE YEAR ENDED 31 OCTOBER 2024 |
Page |
Company Information | 1 |
Statement of Financial Position | 2 |
Notes to the Financial Statements | 4 |
GOLDGAME LTD |
Company Information |
FOR THE YEAR ENDED 31 OCTOBER 2024 |
DIRECTORS: |
SECRETARY: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
A trading name of PCM Accounting Limited |
2 Jardine House |
Harrovian Business Village |
Bessborough Road |
Harrow |
Middlesex |
HA1 3EX |
GOLDGAME LTD (REGISTERED NUMBER: 04508273) |
Statement of Financial Position |
31 OCTOBER 2024 |
31.10.24 | 31.10.23 |
Notes | £ | £ | £ |
FIXED ASSETS |
Investment property | 4 |
CURRENT ASSETS |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 5 |
NET CURRENT LIABILITIES | ( |
) | ( |
) |
TOTAL ASSETS LESS CURRENT LIABILITIES |
PROVISIONS FOR LIABILITIES | 6 |
NET ASSETS |
CAPITAL AND RESERVES |
Called up share capital | 7 |
Retained earnings |
SHAREHOLDERS' FUNDS |
The directors acknowledge their responsibilities for: |
(a) | ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and |
(b) | preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company. |
GOLDGAME LTD (REGISTERED NUMBER: 04508273) |
Statement of Financial Position - continued |
31 OCTOBER 2024 |
The financial statements were approved by the Board of Directors and authorised for issue on |
GOLDGAME LTD (REGISTERED NUMBER: 04508273) |
Notes to the Financial Statements |
FOR THE YEAR ENDED 31 OCTOBER 2024 |
1. | STATUTORY INFORMATION |
Goldgame Ltd is a |
The presentation currency of the financial statements is the Pound Sterling (£). |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Turnover |
Turnover represents rents receivable, exclusive of Value Added Tax. |
Investment property |
Investment property is shown at the director's estimate of its market value at the balance sheet date. |
The aggregate surplus or deficit arising from changes in the director's estimate of the market value of Investment Properties are transferred to the Investment Revaluation Reserve. |
Taxation |
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. |
Current or deferred taxation assets and liabilities are not discounted. |
Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date. |
Deferred tax |
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date. |
Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference. |
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. |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the year was |
GOLDGAME LTD (REGISTERED NUMBER: 04508273) |
Notes to the Financial Statements - continued |
FOR THE YEAR ENDED 31 OCTOBER 2024 |
4. | INVESTMENT PROPERTY |
Total |
£ |
FAIR VALUE |
At 1 November 2023 |
Revaluations | (60,000 | ) |
At 31 October 2024 |
NET BOOK VALUE |
At 31 October 2024 |
At 31 October 2023 |
Fair value at 31st October, 2024, is represented by: |
2024 | 2023 |
£ | £ |
Cost | 938,302 | 938302 |
Valuation brought forward | 211,698 | 202758 |
Valuation during the year | (60,000 | ) | 8940 |
1,090,000 | 1,150,000 |
5. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
31.10.24 | 31.10.23 |
£ | £ |
Corporation Tax |
Other creditors |
Director's current account | 617,421 | 631,113 |
Accrued expenses |
6. | PROVISIONS FOR LIABILITIES |
31.10.24 | 31.10.23 |
£ | £ |
Deferred tax |
Other timing differences | 28,823 | 40,223 |
Deferred |
tax |
£ |
Balance at 1 November 2023 |
Provided during year | ( |
) |
Balance at 31 October 2024 |
GOLDGAME LTD (REGISTERED NUMBER: 04508273) |
Notes to the Financial Statements - continued |
FOR THE YEAR ENDED 31 OCTOBER 2024 |
7. | CALLED UP SHARE CAPITAL |
Allotted, issued and fully paid: |
Number: | Class: | Nominal | 31.10.24 | 31.10.23 |
value: | £ | £ |
Ordinary | £1 | 1 | 1 |
8. | RELATED PARTY DISCLOSURES |
Throughout the year, the company was under the control of Mr G J Cain, its Managing Director and beneficial owner of the Company's entire equity share capital. |