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Company Registration No. 12725958 (England and Wales)
Playe Ltd Unaudited accounts for the year ended 31 July 2024
Playe Ltd Unaudited accounts Contents
Page
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Playe Ltd Company Information for the year ended 31 July 2024
Directors
Oliver Jonas Antoine Espvall Robert Older Mitchell Raymond Brown
Company Number
12725958 (England and Wales)
Registered Office
London Bridge Associates Suite 1 The Hop Exchange, 24 Southwark Street London London SE1 1TY England
Accountants
Accounts and Legal Consultants Ltd Suite 1-3, The Hop Exchange 24 Southwark Street London SE1 1TY
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Playe Ltd Statement of financial position as at 31 July 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Intangible assets
44,706 
58,757 
Tangible assets
2,589 
1,678 
47,295 
60,435 
Current assets
Debtors
342,816 
179,846 
Cash at bank and in hand
617,996 
172,477 
960,812 
352,323 
Creditors: amounts falling due within one year
(214,033)
(72,016)
Net current assets
746,779 
280,307 
Net assets
794,074 
340,742 
Capital and reserves
Called up share capital
3 
3 
Share premium
1,198,818 
474,825 
Profit and loss account
(404,747)
(134,086)
Shareholders' funds
794,074 
340,742 
For the year ending 31 July 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 28 April 2025 and were signed on its behalf by
Oliver Jonas Antoine Espvall Director Company Registration No. 12725958
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Playe Ltd Notes to the Accounts for the year ended 31 July 2024
1
Statutory information
Playe Ltd is a private company, limited by shares, registered in England and Wales, registration number 12725958. The registered office is London Bridge Associates, Suite 1, The Hop Exchange, 24 Southwark Street, London, London, SE1 1TY, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
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Playe Ltd Notes to the Accounts for the year ended 31 July 2024
4
Intangible fixed assets
Other 
£ 
Cost
At 1 August 2023
80,235 
At 31 July 2024
80,235 
Amortisation
At 1 August 2023
21,478 
Charge for the year
14,051 
At 31 July 2024
35,529 
Net book value
At 31 July 2024
44,706 
At 31 July 2023
58,757 
5
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 August 2023
1,985 
Additions
1,975 
At 31 July 2024
3,960 
Depreciation
At 1 August 2023
307 
Charge for the year
1,064 
At 31 July 2024
1,371 
Net book value
At 31 July 2024
2,589 
At 31 July 2023
1,678 
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
146,524 
40,025 
Accrued income and prepayments
1,352 
308 
Other debtors
- 
139,513 
147,876 
179,846 
Amounts falling due after more than one year
Other debtors
194,940 
- 
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Playe Ltd Notes to the Accounts for the year ended 31 July 2024
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
10,402 
(2,209)
Trade creditors
22,463 
43,683 
Other creditors
425 
581 
Loans from directors
27,907 
27,996 
Accruals
- 
1,965 
Deferred income
152,836 
- 
214,033 
72,016 
8
Average number of employees
During the year the average number of employees was 2 (2023: 2).
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