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REGISTERED NUMBER: SC668754 (Scotland)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

PLAYABLE TECHNOLOGY LIMITED

PLAYABLE TECHNOLOGY LIMITED (REGISTERED NUMBER: SC668754)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


PLAYABLE TECHNOLOGY LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2024







DIRECTORS: D Skulina
B Schogler





REGISTERED OFFICE: 27 Albert Street
Edinburgh
EH7 5LH





REGISTERED NUMBER: SC668754 (Scotland)





ACCOUNTANTS: MacDonald Morton Ltd
Chartered Accountants
67 March Road
Edinburgh
EH4 3SU

PLAYABLE TECHNOLOGY LIMITED (REGISTERED NUMBER: SC668754)

STATEMENT OF FINANCIAL POSITION
31 DECEMBER 2024

31.12.24 31.12.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 6,122 9,245

CURRENT ASSETS
Debtors 5 40,244 37,603
Cash at bank and in hand 101,148 48,552
141,392 86,155
CREDITORS
Amounts falling due within one year 6 50,676 34,697
NET CURRENT ASSETS 90,716 51,458
TOTAL ASSETS LESS CURRENT
LIABILITIES

96,838

60,703

CREDITORS
Amounts falling due after more than one year 7 89,864 4,549
NET ASSETS 6,974 56,154

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 6,972 56,152
6,974 56,154

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

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.

PLAYABLE TECHNOLOGY LIMITED (REGISTERED NUMBER: SC668754)

STATEMENT OF FINANCIAL POSITION - continued
31 DECEMBER 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 12 June 2025 and were signed on its behalf by:




B Schogler - Director



D Skulina - Director


PLAYABLE TECHNOLOGY LIMITED (REGISTERED NUMBER: SC668754)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

1. STATUTORY INFORMATION

Playable Technology Limited is a private company, limited by shares , registered in Scotland. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Revenue comprises the fair value of the sale of goods and services, net of value added tax, rebates and discounts.

Sale of goods
Sales of goods are recognised when the company has delivered products to the customer, the customer has accepted the products and collectability of the related receivables is fairly assured.

Sale of services
Service revenues are recognised as those services are provided to customers.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Computer equipment - 33% on cost

Financial instruments
Financial assets and liabilities are recognised when the company becomes party to the contractual provisions of the financial instrument. The company holds the following basic financial instruments.

Financial assets
Cash and cash equivalents - comprise cash in hand and deposits held with banks.

Trade and other debtors are initially measured at the undiscounted amounts receivable from a customer, which is normally the invoiced price. Trade and other debtors are assessed at the end of each reporting period for objective evidence of impairment. If such evidence is found an impairment loss is recognised.

Financial liabilities
Trade and other creditors are initially measured at the transaction price, including any transaction costs.

Directors loans are initially measured at the transaction price and are subsequently measured at the undiscounted amount of the cash expected to be paid within the appropriate period of creditors falling due within one year and creditors falling due after more than one year.

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.


PLAYABLE TECHNOLOGY LIMITED (REGISTERED NUMBER: SC668754)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2024

2. ACCOUNTING POLICIES - continued
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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 8 (2023 - 7 ) .

4. TANGIBLE FIXED ASSETS
Computer
equipment
£   
COST
At 1 January 2024
and 31 December 2024 9,370
DEPRECIATION
At 1 January 2024 125
Charge for year 3,123
At 31 December 2024 3,248
NET BOOK VALUE
At 31 December 2024 6,122
At 31 December 2023 9,245

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Trade debtors 24,990 18,046
Amounts recoverable on contract - 7,988
Other debtors 15,254 11,569
40,244 37,603

PLAYABLE TECHNOLOGY LIMITED (REGISTERED NUMBER: SC668754)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2024

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Hire purchase contracts 2,374 2,374
Trade creditors - 68
Taxation and social security 24,371 20,482
Other creditors 23,931 11,773
50,676 34,697

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.12.24 31.12.23
£    £   
Hire purchase contracts 2,175 4,549
Other creditors 87,689 -
89,864 4,549

8. SECURED DEBTS

The following secured debts are included within creditors:

31.12.24 31.12.23
£    £   
Other loans 100,000 -
Hire purchase contracts 4,549 6,923
104,549 6,923

The liability in respect of the hire purchase agreements are secured against the assets to which they relate. The liability in respect of the loans are secured by a fixed and floating charge over all of the property or undertaking of the company.

9. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 December 2024 and 31 December 2023:

31.12.24 31.12.23
£    £   
D Skulina
Balance outstanding at start of year - 861
Amounts advanced 2,991 -
Amounts repaid - (861 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 2,991 -

PLAYABLE TECHNOLOGY LIMITED (REGISTERED NUMBER: SC668754)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2024

9. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES - continued

B Schogler
Balance outstanding at start of year 186 -
Amounts advanced - 186
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 186 186