Corporate Amusement Services Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—8

1. General Information

Corporate Amusement Services Limited is a private company, limited by shares, incorporated in England & Wales, registered number 04296800 . The registered office is Unit 10 Newbury Trade Park, Hambridge Road, Newbury, Berkshire, RG14 5PF.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

Corporate Amusement Services Ltd is the parent of High Score Arcades Ltd. The registered office of the subsidiary is Unit 10 Newbury Trade Park, Hambridge Road, Newbury, Berkshire, England, RG14 5PF and their performance can be seen in their individual financial statements.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery	33% reducing balance
Motor Vehicles	25% reducing balance
Fixtures & Fittings	33% reducing balance

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Corporate Amusement Services Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 July 2025

2.4. Investments

Interests in subsidiaries, associates and jointly controlled entities are initially measured at cost and subsequently measured at cost less any accumulated impairment losses. The investments are assessed for impairment at each reporting date and any impairment losses or reversals of impairment losses are recognised immediately in profit or loss.

A subsidiary is an entity controlled by the company. Control is the power to govern the financial and operating policies of the entity so as to obtain benefits from its activities.

An associate is an entity, being neither a subsidiary nor a joint venture, in which the company holds a longterm interest and where the company has significant influence. The company considers that it has significant influence where it has the power to participate in the financial and operating decisions of the associate.

Entities in which the company has a long term interest and shares control under a contractual arrangement are classified as jointly controlled entities.

2.5. Leasing and Hire Purchase Contracts

Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the profit and loss account as incurred.

2.6. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

...CONTINUED

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Corporate Amusement Services Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 July 2025

2.6. Taxation - continued

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.

Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 23 (2024: 24)

4. Tangible Assets

	Plant & Machinery	Motor Vehicles	Fixtures & Fittings	Total
	£	£	£	£
Cost
As at 1 August 2024	2,100,751	379,770	32,024	2,512,545
Additions	430,200	83,162	15,630	528,992
Disposals	-	(96,980 )	-	(96,980 )

As at 31 July 2025	2,530,951	365,952	47,654	2,944,557

Depreciation
As at 1 August 2024	1,320,444	218,122	22,459	1,561,025
Provided during the period	330,990	46,328	6,911	384,229
Disposals	-	(77,322 )	-	(77,322 )

As at 31 July 2025	1,651,434	187,128	29,370	1,867,932

Net Book Value
As at 31 July 2025	879,517	178,824	18,284	1,076,625

As at 1 August 2024	780,307	161,648	9,565	951,520

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Corporate Amusement Services Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 July 2025

5. Investments

	Unlisted
	£
Cost
As at 1 August 2024	100

As at 31 July 2025	100

Provision
As at 1 August 2024	-

As at 31 July 2025	-

Net Book Value
As at 31 July 2025	100

As at 1 August 2024	100

6. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	246,795	106,327
Prepayments and accrued income	47,227	58,656
Other debtors	29,431	43,276
Amounts owed by subsidiaries	4,311	3,561

	327,764	211,820
Due after more than one year
Corporation tax recoverable assets	4,693	-

	332,457	211,820

7. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	156,147	30,076
Bank loans and overdrafts	8,778	10,289
Corporation tax	154,968	176,281
Other taxes and social security	3,385	2,661
VAT	120,461	83,276
Other creditors	23,069	32,659
Accruals and deferred income	48,311	2,960

	515,119	338,202

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Corporate Amusement Services Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 July 2025

8. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Bank loans	-	8,778
Directors loan account	200,904	116,887

	200,904	125,665

9. Loans

An analysis of the maturity of loans is given below:

	2025	2024
	£	£
Amounts falling due within one year or on demand:
Bank loans	8,778	10,289

	2025	2024
	£	£
Amounts falling due between one and five years:
Bank loans	-	8,778

11. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	100	100

12. Other Commitments

The total of future minimum lease payments under non-cancellable operating leases are as following:

	2025	2024
	£	£
Not later than one year	103,377	117,086
Later than one year and not later than five years	271,759	334,760
Later than five years	141,321	181,698

	516,457	633,544

13. Directors Advances, Credits and Guarantees

Included within Debtors are the following loans to directors:

The above loan is unsecured, interest free and repayable on demand.

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Corporate Amusement Services Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 July 2025

14. Related Party Disclosures

The Company is the parent of High Score Arcade Limited. During the period Corporate Amusement Services Limited invoiced £657,400 to High Score Arcades Limited. At 31 July 2025 an amount of £152,527 was owed by High Score Arcades Limited (2024 £16,911).

During the period, two company vehicles were sold to the directors for £2,450.

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		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		1,076,625		951,520
Investments	5		100		100

			1,076,725		951,620
CURRENT ASSETS
Debtors	6	332,457		211,820
Cash at bank and in hand		416,084		319,419

		748,541		531,239
Creditors: Amounts Falling Due Within One Year	7	(515,119 )		(338,202 )

NET CURRENT ASSETS (LIABILITIES)			233,422		193,037

TOTAL ASSETS LESS CURRENT LIABILITIES			1,310,147		1,144,657

Creditors: Amounts Falling Due After More Than One Year	8		(200,904 )		(125,665 )

PROVISIONS FOR LIABILITIES
Deferred Taxation			(265,130 )		(231,398 )

NET ASSETS			844,113		787,594

CAPITAL AND RESERVES
Called up share capital	11		100		100
Profit and Loss Account			844,013		787,494

SHAREHOLDERS' FUNDS			844,113		787,594