IRIS Accounts Production v25.1.3.33 03250296 Board of Directors 1.4.24 31.3.25 31.3.25 false true false false true false Fair value model Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh032502962024-03-31032502962025-03-31032502962024-04-012025-03-31032502962023-03-31032502962023-04-012024-03-31032502962024-03-3103250296ns15:EnglandWales2024-04-012025-03-3103250296ns14:PoundSterling2024-04-012025-03-3103250296ns10:Director12024-04-012025-03-3103250296ns10:PrivateLimitedCompanyLtd2024-04-012025-03-3103250296ns10:SmallEntities2024-04-012025-03-3103250296ns10:AuditExempt-NoAccountantsReport2024-04-012025-03-3103250296ns10:SmallCompaniesRegimeForDirectorsReport2024-04-012025-03-3103250296ns10:SmallCompaniesRegimeForAccounts2024-04-012025-03-3103250296ns10:FullAccounts2024-04-012025-03-3103250296ns10:OrdinaryShareClass12024-04-012025-03-3103250296ns10:Director22024-04-012025-03-3103250296ns10:RegisteredOffice2024-04-012025-03-3103250296ns5:CurrentFinancialInstruments2025-03-3103250296ns5:CurrentFinancialInstruments2024-03-3103250296ns5:ShareCapital2025-03-3103250296ns5:ShareCapital2024-03-3103250296ns5:FurtherSpecificReserve1ComponentTotalEquity2025-03-3103250296ns5:FurtherSpecificReserve1ComponentTotalEquity2024-03-3103250296ns5:RetainedEarningsAccumulatedLosses2025-03-3103250296ns5:RetainedEarningsAccumulatedLosses2024-03-3103250296ns5:PlantMachinery2024-03-3103250296ns5:FurnitureFittings2024-03-3103250296ns5:PlantMachinery2024-04-012025-03-3103250296ns5:FurnitureFittings2024-04-012025-03-3103250296ns5:PlantMachinery2025-03-3103250296ns5:FurnitureFittings2025-03-3103250296ns5:PlantMachinery2024-03-3103250296ns5:FurnitureFittings2024-03-3103250296ns5:WithinOneYearns5:CurrentFinancialInstruments2025-03-3103250296ns5:WithinOneYearns5:CurrentFinancialInstruments2024-03-3103250296ns10:OrdinaryShareClass12025-03-31032502961ns10:Director12024-03-31032502961ns10:Director12023-03-31032502961ns10:Director12024-04-012025-03-31032502961ns10:Director12023-04-012024-03-31032502961ns10:Director12025-03-31032502961ns10:Director12024-03-31
REGISTERED NUMBER: 03250296 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2025

for

Interplay Development Limited

Interplay Development Limited (Registered number: 03250296)






Contents of the Financial Statements
for the Year Ended 31 March 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Interplay Development Limited

Company Information
for the Year Ended 31 March 2025







DIRECTORS: MR T K POWELL
MRS B POWELL





REGISTERED OFFICE: 130 Bournemouth Road
Chandlers Ford
Eastleigh
Hampshire
SO53 3AL





REGISTERED NUMBER: 03250296 (England and Wales)





ACCOUNTANTS: CBM Accountants Limited
130 Bournemouth Road
Chandler's Ford
Eastleigh
Hampshire
SO53 3AL

Interplay Development Limited (Registered number: 03250296)

Balance Sheet
31 March 2025

2025 2024
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 332 390
Investment property 5 1,220,000 1,160,000
1,220,332 1,160,390

CURRENT ASSETS
Debtors 6 6,332 128,728
Cash at bank 399,309 346,475
405,641 475,203
CREDITORS
Amounts falling due within one year 7 25,634 64,706
NET CURRENT ASSETS 380,007 410,497
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,600,339

1,570,887

PROVISIONS FOR LIABILITIES 83,699 72,299
NET ASSETS 1,516,640 1,498,588

CAPITAL AND RESERVES
Called up share capital 8 4 4
Other reserves 380,596 320,596
Retained earnings 1,136,040 1,177,988
SHAREHOLDERS' FUNDS 1,516,640 1,498,588

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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.

Interplay Development Limited (Registered number: 03250296)

Balance Sheet - continued
31 March 2025


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 13 June 2025 and were signed on its behalf by:





MR T K POWELL - Director


Interplay Development Limited (Registered number: 03250296)

Notes to the Financial Statements
for the Year Ended 31 March 2025

1. STATUTORY INFORMATION

Interplay Development Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

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 as modified by the revaluation of certain assets.

Changes in accounting policies
As part of the transition to FRS 102 Section 1A, the Company has reclassified all of its Freehold land and buildings as Investment Properties with effect from 1 April 2015.

None of the properties had previously been revalued and therefore, no adjustments have arisen on the transition to FRS 102 Section 1A.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Deferred tax is provided on revaluation surpluses at the rate payable when the property is expected to be sold.

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 balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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 2 (2024 - 2 ) .

Interplay Development Limited (Registered number: 03250296)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2025

4. TANGIBLE FIXED ASSETS
Fixtures,
fittings
Studio & equip Totals
£    £    £   
COST
At 1 April 2024
and 31 March 2025 4,434 12,406 16,840
DEPRECIATION
At 1 April 2024 4,434 12,016 16,450
Charge for year - 58 58
At 31 March 2025 4,434 12,074 16,508
NET BOOK VALUE
At 31 March 2025 - 332 332
At 31 March 2024 - 390 390

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 April 2024 1,160,000
Revaluations 60,000
At 31 March 2025 1,220,000
NET BOOK VALUE
At 31 March 2025 1,220,000
At 31 March 2024 1,160,000

Fair value at 31 March 2025 is represented by:
£   
Valuation in 2024 (235,000 )
Valuation in 2025 60,000
Cost 1,395,000
1,220,000

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade debtors 871 820
Other debtors 5,461 127,908
6,332 128,728

Interplay Development Limited (Registered number: 03250296)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2025

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade creditors 3,340 3,578
Taxation and social security 17,458 57,012
Other creditors 4,836 4,116
25,634 64,706

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2025 2024
value: £    £   
4 Ordinary £1 4 4

9. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2025 and 31 March 2024:

2025 2024
£    £   
MR T K POWELL
Balance outstanding at start of year 122,712 -
Amounts advanced - 122,712
Amounts repaid (122,712 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year - 122,712