PLAY VILLAGE BASINGSTOKE LIMITED

Company Registration Number:
11105932 (England and Wales)

Unaudited abridged accounts for the year ended 31 December 2024

Period of accounts

Start date: 01 January 2024

End date: 31 December 2024

PLAY VILLAGE BASINGSTOKE LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2024

Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Additional notes - 8
Balance sheet notes - 11

PLAY VILLAGE BASINGSTOKE LIMITED

Company Information

for the Period Ended 31 December 2024




Director: Erica Mudd
Registered office: 43
Warbleton Road
Chineham
Basingstoke
Hants
GBR
RG24 8RF
Company Registration Number: 11105932 (England and Wales)

PLAY VILLAGE BASINGSTOKE LIMITED

Directors' Report Period Ended 31 December 2024

The directors present their report with the financial statements of the company for the period ended 31 December 2024

Principal Activities

The companies principal activities during this period were; Child's play sessions, entertainment @ adult parties, working in schools, nurseries, play groups & hiring out equipment.

Political and charitable donations

No political donations made during this period.

Company policy on the employment of disabled persons

N/a as the company employs less than 10 people

Additional information

Directors insured for £5 million PLI

Directors

The directors shown below have held office during the whole of the period from 01 January 2024 to 31 December 2024
Erica Mudd

This report was approved by the board of directors on 1 March 2025
And Signed On Behalf Of The Board By:

Name: Frank Mudd
Status: Director

PLAY VILLAGE BASINGSTOKE LIMITED

Profit and Loss Account

for the Period Ended 31 December 2024


Notes

2024
£

2023
£
Gross Profit or (Loss) 6,094 19,050
Distribution Costs ( 4,533 ) ( 4,681 )
Administrative Expenses ( 2,687 ) ( 7,503 )
Operating Profit or (Loss) ( 1,126 ) 6,866
Interest Receivable and Similar Income 61 9
Interest Payable and Similar Charges ( 2,405 ) ( 166 )
Profit or (Loss) Before Tax ( 3,470 ) 6,709
Profit or (Loss) for Period ( 3,470 ) 6,709

The notes form part of these financial statements

PLAY VILLAGE BASINGSTOKE LIMITED

Balance sheet

As at 31 December 2024


Notes

2024
£

2023
£
Fixed assets
Tangible assets: 4 7,534 5,751
Total fixed assets: 7,534 5,751
Current assets
Stocks: 2,161 1,334
Cash at bank and in hand: 3,768
Total current assets: 5,929 1,334
Creditors: amounts falling due within one year: ( 4,569 ) ( 8,200 )
Net current assets (liabilities): 1,360 ( 6,866 )
Total assets less current liabilities: 8,894 ( 1,115 )
Creditors: amounts falling due after more than one year: ( 36,737 ) ( 10,750 )
Provision for liabilities: ( 1,307 )
Total net assets (liabilities): ( 27,843 ) ( 13,172 )

The notes form part of these financial statements

PLAY VILLAGE BASINGSTOKE LIMITED

Balance sheet continued

As at 31 December 2024


Notes

2024
£

2023
£
Capital and reserves
Called up share capital: 2 2
Profit and loss account: ( 27,845 ) ( 13,174 )
Shareholders funds: ( 27,843 ) ( 13,172 )

For the year ending 31 December 2024 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 1 March 2025
And Signed On Behalf Of The Board By:

Name: Frank Mudd
Status: Director

The notes form part of these financial statements

PLAY VILLAGE BASINGSTOKE LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    The turnover represents amounts receivable for goods and services net of any discounts.

    Tangible fixed assets depreciation policy

    Tangible assets have an annual depreciation of 20%

PLAY VILLAGE BASINGSTOKE LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

  • 2. Employees


    2024

    2023
    Average number of employees during the period 8 8

    Employees are on an add hoc basis as required.

PLAY VILLAGE BASINGSTOKE LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

  • 3. Off balance sheet disclosure

    No

PLAY VILLAGE BASINGSTOKE LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

4. Tangible Assets

Total
Cost £
At 01 January 2024 5,751
Additions 5,035
Disposals -
Revaluations -
Transfers -
At 31 December 2024 10,786
Depreciation
At 01 January 2024 -
Charge for year 3,252
On disposals -
Other adjustments -
At 31 December 2024 3,252
Net book value
At 31 December 2024 7,534
At 31 December 2023 5,751

The annual depreciation policy is 20% to write off the assets over its estimated useful economical lifetime.

PLAY VILLAGE BASINGSTOKE LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

  • 5. Financial Commitments

    We are in the process of leasing a fixed venue, this will result in a estimated cost of £50,000. We have the loan in place ready for this, we are waiting on the lease being agreed and signed.