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REGISTERED NUMBER: 09849031 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST OCTOBER 2024

FOR

PODENGO GAME STUDIOS LIMITED

PODENGO GAME STUDIOS LIMITED (REGISTERED NUMBER: 09849031)

CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31st October 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


PODENGO GAME STUDIOS LIMITED

COMPANY INFORMATION
for the Year Ended 31st October 2024







DIRECTORS: Mr A G Hayward-Wright
Mr P S Phillpot





REGISTERED OFFICE: 4 Clews Road
Redditch
United Kingdom
B98 7ST





REGISTERED NUMBER: 09849031 (England and Wales)





ACCOUNTANTS: Hayward Wright Ltd
4 Clews Road
Redditch
Worcestershire
B98 7ST

PODENGO GAME STUDIOS LIMITED (REGISTERED NUMBER: 09849031)

BALANCE SHEET
31st October 2024

31/10/24 31/10/23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 219 219

CURRENT ASSETS
Debtors 5 1 1
Cash at bank and in hand 2,392 2,392
2,393 2,393
CREDITORS
Amounts falling due within one year 6 819 819
NET CURRENT ASSETS 1,574 1,574
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,793

1,793

PROVISIONS FOR LIABILITIES 7 42 42
NET ASSETS 1,751 1,751

CAPITAL AND RESERVES
Called up share capital 8 1 1
Retained earnings 1,750 1,750
SHAREHOLDERS' FUNDS 1,751 1,751

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

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

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 9th December 2024 and were signed on its behalf by:





Mr P S Phillpot - Director


PODENGO GAME STUDIOS LIMITED (REGISTERED NUMBER: 09849031)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31st October 2024


1. STATUTORY INFORMATION

Podengo Game Studios 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.

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 - 25% on reducing balance

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 NIL (2023 - NIL).

4. TANGIBLE FIXED ASSETS
Computer
equipment
£   
COST
At 1st November 2023
and 31st October 2024 518
DEPRECIATION
At 1st November 2023
and 31st October 2024 299
NET BOOK VALUE
At 31st October 2024 219
At 31st October 2023 219

PODENGO GAME STUDIOS LIMITED (REGISTERED NUMBER: 09849031)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31st October 2024


5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/10/24 31/10/23
£    £   
Called up share capital not paid 1 1

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/10/24 31/10/23
£    £   
Tax 328 328
Directors' loan accounts 71 71
Accrued expenses 420 420
819 819

7. PROVISIONS FOR LIABILITIES
31/10/24 31/10/23
£    £   
Deferred tax
Accelerated capital allowances 42 42

Deferred
tax
£   
Balance at 1st November 2023 42
Balance at 31st October 2024 42

8. CALLED UP SHARE CAPITAL

Allotted and issued:
Number: Class: Nominal 31/10/24 31/10/23
value: £    £   
1 Share capital 1 1 1 1