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REGISTERED NUMBER: 07657496 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2025

for

Impact Games Ltd

Previously known as
Gangster Nation Ltd

Impact Games Ltd (Registered number: 07657496)






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




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


Impact Games Ltd

Company Information
for the Year Ended 31 March 2025







Directors: M J Hayes
K Hayes





Registered office: 124 City Road
London
EC1V 2NX





Registered number: 07657496 (England and Wales)





Accountants: Ellis & Co
Chartered Accountants
114-120 Northgate Street
Chester
CH1 2HT

Impact Games Ltd (Registered number: 07657496)

Statement of Financial Position
31 March 2025

31/3/25 31/3/24
Notes £    £    £    £   
Fixed assets
Tangible assets 4 948 1,423

Current assets
Debtors 5 513 1,669
Cash at bank 19,329 35,268
19,842 36,937
Creditors
Amounts falling due within one year 6 18,349 25,231
Net current assets 1,493 11,706
Total assets less current liabilities 2,441 13,129

Capital and reserves
Called up share capital 40 40
Retained earnings 2,401 13,089
2,441 13,129

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.

Impact Games Ltd (Registered number: 07657496)

Statement of Financial Position - 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 27 June 2025 and were signed on its behalf by:





M J Hayes - Director


Impact Games Ltd (Registered number: 07657496)

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

1. Statutory information

Impact Games Ltd 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.

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

Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer, usually on despatch of the goods; the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Revenue from the rendering of services is measured by reference to the stage of completion of the service transaction at the end of the reporting period provided that the outcome can be reliably estimated. When the outcome cannot be reliably estimated, revenue is recognised only to the extent that expenses recognised are recoverable.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 20% on cost
Computer equipment - 20% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.


Impact Games Ltd (Registered number: 07657496)

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

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.

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 1 (2024 - 1 ) .

4. Tangible fixed assets
Fixtures
and Computer
fittings equipment Totals
£    £    £   
Cost
At 1 April 2024 666 2,225 2,891
Additions 129 - 129
At 31 March 2025 795 2,225 3,020
Depreciation
At 1 April 2024 133 1,335 1,468
Charge for year 159 445 604
At 31 March 2025 292 1,780 2,072
Net book value
At 31 March 2025 503 445 948
At 31 March 2024 533 890 1,423

5. Debtors: amounts falling due within one year
31/3/25 31/3/24
£    £   
Other debtors 513 1,669

Impact Games Ltd (Registered number: 07657496)

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

6. Creditors: amounts falling due within one year
31/3/25 31/3/24
£    £   
Trade creditors 469 138
Taxation and social security 15,328 22,977
Other creditors 2,552 2,116
18,349 25,231