Enigma Interactive Limited - Filleted accounts

Registered number

03360519

Enigma Interactive Limited

Filleted Accounts

30 April 2025

Enigma Interactive Limited
Registered number:		03360519
Balance Sheet
as at 30 April 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	3		37,973			23,361

Current assets
Stocks		3,500			3,500
Debtors	4	872,624			589,903
Cash at bank and in hand		4,736,564			5,214,863
		5,612,688			5,808,266

Creditors: amounts falling due within one year	5	(598,724)			(608,883)

Net current assets			5,013,964			5,199,383

Net assets			5,051,937			5,222,744

Capital and reserves
Called up share capital			1			1
Profit and loss account			5,051,936			5,222,743

Shareholder's funds			5,051,937			5,222,744

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Stephen Grainger
Director
Approved by the board on 13 August 2025

Enigma Interactive Limited
Notes to the Accounts
for the year ended 30 April 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	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 from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Plant and machinery	20% Straight Line

	Stocks
	Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.


2	Employees		2025		2024
Number				Number

	Average number of persons employed by the company		55		45


3	Tangible fixed assets
					Plant and machinery etc
£
	Cost
	At 1 May 2024				361,052
	Additions				25,632
	At 30 April 2025				386,684

	Depreciation
	At 1 May 2024				337,691
	Charge for the year				11,020
	At 30 April 2025				348,711

	Net book value
	At 30 April 2025				37,973
	At 30 April 2024				23,361


4	Debtors		2025		2024
£				£

	Trade debtors		819,545		543,303
	Other debtors		53,079		46,600
			872,624		589,903


5	Creditors: amounts falling due within one year		2025		2024
£				£

	Trade creditors		106,615		98,258
	Taxation and social security costs		445,144		466,324
	Other creditors		46,965		44,301
			598,724		608,883


6	Other information

	Enigma Interactive Limited is a private company limited by shares and incorporated in England. Its registered office is:
	Quayside Studios
	8-10 The Close
	Newcastle Upon Tyne
	NE1 3RE