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REGISTERED NUMBER: SC611537 (Scotland)














Unaudited Financial Statements

for the Year Ended 30 September 2024

for

Game4padel Limited

Game4padel Limited (Registered number: SC611537)






Contents of the Financial Statements
for the Year Ended 30 September 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Game4padel Limited

Company Information
for the Year Ended 30 September 2024







DIRECTORS: J C McMahon
P A Gordon
V J Hivert
R M Gradon
J C Sabugueiro





REGISTERED OFFICE: Suite 83
Pure Office
4 Lochside Way
Edinburgh
EH12 9DT





REGISTERED NUMBER: SC611537 (Scotland)





ACCOUNTANTS: DAS Accountant
9-10 St Andrews Square
Edinburgh
EH2 2AF

Game4padel Limited (Registered number: SC611537)

Balance Sheet
30 September 2024

30.9.24 30.9.23
Notes £    £    £   
FIXED ASSETS
Intangible assets 4 271,528 268,312
Tangible assets 5 4,307,988 2,861,960
4,579,516 3,130,272

CURRENT ASSETS
Stocks 266,905 256,744
Debtors 6 1,983,963 1,761,313
Cash at bank 2,745,658 3,091,035
4,996,526 5,109,092
CREDITORS
Amounts falling due within one year 7 491,069 43,403
NET CURRENT ASSETS 4,505,457 5,065,689
TOTAL ASSETS LESS CURRENT
LIABILITIES

9,084,973

8,195,961

CREDITORS
Amounts falling due after more than one year 8 950,593 956,048
NET ASSETS 8,134,380 7,239,913

CAPITAL AND RESERVES
Called up share capital 9 520,325 455,621
Share premium 8,505,919 7,752,121
Retained earnings (891,864 ) (967,829 )
SHAREHOLDERS' FUNDS 8,134,380 7,239,913

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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.

Game4padel Limited (Registered number: SC611537)

Balance Sheet - continued
30 September 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 13 June 2025 and were signed on its behalf by:





J C McMahon - Director


Game4padel Limited (Registered number: SC611537)

Notes to the Financial Statements
for the Year Ended 30 September 2024

1. STATUTORY INFORMATION

Game4padel 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.

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
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Intellectual property
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Intellectual Property are being amortised evenly over their estimated useful life of twenty years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.
Courts & Equipment - 8% on cost
Computer equipment - 20% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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 7 (2023 - 6 ) .

Game4padel Limited (Registered number: SC611537)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2024

4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST
At 1 October 2023 296,722
Additions 19,003
At 30 September 2024 315,725
AMORTISATION
At 1 October 2023 28,410
Charge for year 15,787
At 30 September 2024 44,197
NET BOOK VALUE
At 30 September 2024 271,528
At 30 September 2023 268,312

5. TANGIBLE FIXED ASSETS
Courts & Computer
Equipment equipment Totals
£    £    £   
COST
At 1 October 2023 3,102,208 2,016 3,104,224
Additions 1,759,894 1,926 1,761,820
At 30 September 2024 4,862,102 3,942 4,866,044
DEPRECIATION
At 1 October 2023 241,635 629 242,264
Charge for year 315,008 784 315,792
At 30 September 2024 556,643 1,413 558,056
NET BOOK VALUE
At 30 September 2024 4,305,459 2,529 4,307,988
At 30 September 2023 2,860,573 1,387 2,861,960

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.24 30.9.23
£    £   
Trade debtors 479,373 91,268
Amounts owed by group undertakings 1,065,258 1,065,258
Other debtors 439,332 604,787
1,983,963 1,761,313

Game4padel Limited (Registered number: SC611537)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2024

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.24 30.9.23
£    £   
Bank loans and overdrafts 11,721 10,648
Trade creditors 310,589 -
Taxation and social security 144,566 12,096
Other creditors 24,193 20,659
491,069 43,403

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.9.24 30.9.23
£    £   
Bank loans 6,717 16,797
Other creditors 943,876 939,251
950,593 956,048

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.9.24 30.9.23
value: £    £   
5,203,250 Ordinary 0.10 520,325 455,621