Caseware UK (AP4) 2024.0.164 2024.0.164 19202024-01-01falseNo description of principal activitytruetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 10605801 2024-01-01 2024-12-31 10605801 2023-01-01 2023-12-31 10605801 2024-12-31 10605801 2023-12-31 10605801 c:Director2 2024-01-01 2024-12-31 10605801 d:FurnitureFittings 2024-01-01 2024-12-31 10605801 d:FurnitureFittings 2024-12-31 10605801 d:FurnitureFittings 2023-12-31 10605801 d:FurnitureFittings d:OwnedOrFreeholdAssets 2024-01-01 2024-12-31 10605801 d:OfficeEquipment 2024-01-01 2024-12-31 10605801 d:OfficeEquipment 2024-12-31 10605801 d:OfficeEquipment 2023-12-31 10605801 d:OfficeEquipment d:OwnedOrFreeholdAssets 2024-01-01 2024-12-31 10605801 d:OwnedOrFreeholdAssets 2024-01-01 2024-12-31 10605801 d:ComputerSoftware 2024-12-31 10605801 d:ComputerSoftware 2023-12-31 10605801 d:CurrentFinancialInstruments 2024-12-31 10605801 d:CurrentFinancialInstruments 2023-12-31 10605801 d:CurrentFinancialInstruments d:WithinOneYear 2024-12-31 10605801 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 10605801 d:ShareCapital 2024-12-31 10605801 d:ShareCapital 2023-12-31 10605801 d:RetainedEarningsAccumulatedLosses 2024-12-31 10605801 d:RetainedEarningsAccumulatedLosses 2023-12-31 10605801 c:FRS102 2024-01-01 2024-12-31 10605801 c:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 10605801 c:FullAccounts 2024-01-01 2024-12-31 10605801 c:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 10605801 e:PoundSterling 2024-01-01 2024-12-31 iso4217:GBP xbrli:pure
Registered number: 10605801













Fortuna Gaming Limited

Financial statements
Information for filing with the registrar

31 December 2024




 
Fortuna Gaming Limited


Balance sheet
At 31 December 2024

2024
2023
Note
£
£

Fixed assets
  

Intangible assets
 4 
200
200

Tangible assets
 5 
42,993
42,358

  
43,193
42,558

Current assets
  

Debtors
 6 
254,757
163,235

Cash at bank and in hand
  
35,657
81,350

  
290,414
244,585

Creditors: amounts falling due within one year
 7 
(128,606)
(98,493)

Net current assets
  
 
 
161,808
 
 
146,092

Total assets less current liabilities
  
205,001
188,650

Provisions for liabilities
  

Deferred tax
  
(11,003)
(7,461)

  
 
 
(11,003)
 
 
(7,461)

Net assets
  
193,998
181,189


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
193,898
181,089

Shareholders' funds
  
193,998
181,189


1

 
Fortuna Gaming Limited

    
Balance sheet (continued)
At 31 December 2024

The directors consider that the company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

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

The company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 10 July 2025.




S J Manford
Director

Company registered number: 10605801
The notes on pages 3 to 6 form part of these financial statements. 

2

 
Fortuna Gaming Limited
 
 

Notes to the financial statements
Year ended 31 December 2024

1.


General information

Fortuna Gaming Limited "the company" is a private company limited by shares, incorporated and domiciled in the United Kingdom and registered in England. The address of the registered office is 14 Blandford Square, Newcastle upon Tyne, NE1 4HZ.

2.Accounting policies

 
2.1

Statement of compliance

The financial statements have been prepared in accordance with Section 1A of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the United Kingdom and the Republic of Ireland' (FRS 102) and the Companies Act 2006.

The following principal accounting policies have been applied:

 
2.2

Revenue

The turnover shown in the profit and loss account represents amounts receivable during the period,
exclusive of Value Added Tax.

 
2.3

Current and deferred taxation

The tax expense for the year comprises current and deferred tax. Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the company operates and generates income.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the balance sheet date, except that:
The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and
Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

 
2.4

Intangible assets

Intangible assets are initially recognised at cost. After recognition, under the cost model, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

All intangible assets are considered to have a finite useful life. If a reliable estimate of the useful life cannot be made, the useful life shall not exceed ten years.

3

 
Fortuna Gaming Limited
 

 
Notes to the financial statements
Year ended 31 December 2024

2.Accounting policies (continued)

 
2.5

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is provided on the following basis:

Fixtures and fittings
-
20%
reducing balance
Office equipment
-
33%
reducing balance

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.
Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in the statement of comprehensive income.

 
2.6

Provisions for liabilities

Provisions are recognised when an event has taken place that gives rise to a legal or constructive obligation, a transfer of economic benefits is probable and a reliable estimate can be made.
Provisions are measured as the best estimate of the amount required to settle the obligation, taking into account the related risks and uncertainties.
 
Increases in provisions are generally charged as an expense to profit or loss.

 
2.7

Financial instruments

Basic financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.


3.


Employees

The average monthly number of employees, including directors, during the year was 20 (2023: 19).

4

 
Fortuna Gaming Limited
 
 

Notes to the financial statements
Year ended 31 December 2024

4.


Intangible assets




Domains

£



Cost


At 1 January 2024
200



At 31 December 2024

200






Net book value



At 31 December 2024
200



At 31 December 2023
200




5.


Tangible fixed assets





Fixtures and fittings
Office equipment
Total

£
£
£



Cost


At 1 January 2024
31,081
59,460
90,541


Additions
2,125
15,355
17,480



At 31 December 2024

33,206
74,815
108,021



Depreciation


At 1 January 2024
18,023
30,160
48,183


Charge for the year
3,545
13,300
16,845



At 31 December 2024

21,568
43,460
65,028



Net book value



At 31 December 2024
11,638
31,355
42,993



At 31 December 2023
13,058
29,300
42,358

5

 
Fortuna Gaming Limited
 
 

Notes to the financial statements
Year ended 31 December 2024

6.


Debtors

2024
2023
£
£


Trade debtors
250,000
150,000

Other debtors
4,757
13,235

254,757
163,235



7.


Creditors: amounts falling due within one year

2024
2023
£
£

Trade creditors
10,847
11,318

Corporation tax
5,057
5,227

Other taxation and social security
81,327
38,918

Other creditors
28,375
40,030

Accruals and deferred income
3,000
3,000

128,606
98,493


6