Mike Bithell Games Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 08395628

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		6,051		8,449
Investments	5		154,454		113,214

			160,505		121,663
CURRENT ASSETS
Debtors	6	385,347		923,942
Cash at bank and in hand		1,282,424		1,186,738

		1,667,771		2,110,680
Creditors: Amounts Falling Due Within One Year	7	(39,498 )		(200,993 )

NET CURRENT ASSETS (LIABILITIES)			1,628,273		1,909,687

TOTAL ASSETS LESS CURRENT LIABILITIES			1,788,778		2,031,350

PROVISIONS FOR LIABILITIES
Deferred Taxation			(2,112 )		(2,060 )

NET ASSETS			1,786,666		2,029,290

CAPITAL AND RESERVES
Called up share capital	8		1,000		1,000
Profit and Loss Account			1,785,666		2,028,290

SHAREHOLDERS' FUNDS			1,786,666		2,029,290

Page 1

Page 2

Mike Bithell Games Limited

Balance Sheet (continued)

As At 31 March 2025

For the year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr Alexander Sliwinski

Director

8 September 2025

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Mike Bithell Games Limited is a private company, limited by shares, incorporated in England & Wales, registered number 08395628 . The registered office is C/O Affect Group, Simpsons Fm, Pentlow, Suffolk, CO10 7JT.

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.

2.2. Turnover

Turnover relates to the production of video games. It represents the value of work done in the period, including estimates of amounts not invoiced and is stated after trade discounts, other taxes and net of VAT.

The value of work done in relation to long-term contracts and continuing services is determined by reference to the stage of completion of the relevant contract.

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:

Fixtures & Fittings	25% on reducing balance
Computer Equipment	25% on cost

2.4. Foreign Currencies

Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.

2.5. Taxation

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 year 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.

The company has claimed a Creative Industries tax credit to reduce the amount of tax payable which may result in an overall amount repayable to the company.

A deferred tax asset has not been recognised in relation to the losses available as the company cannot be certain that this asset will be used in the future.

3. Average Number of Employees

Average number of employees, including directors, during the year was 15 (2024: 17)

Page 3

Page 4

Mike Bithell Games Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

4. Tangible Assets

	Fixtures & Fittings	Computer Equipment	Total
	£	£	£
Cost
As at 1 April 2024	413	25,291	25,704
Additions	-	1,874	1,874

As at 31 March 2025	413	27,165	27,578

Depreciation
As at 1 April 2024	413	16,842	17,255
Provided during the period	-	4,272	4,272

As at 31 March 2025	413	21,114	21,527

Net Book Value
As at 31 March 2025	-	6,051	6,051

As at 1 April 2024	-	8,449	8,449

5. Investments

	Listed
	£
Cost
As at 1 April 2024	395,730
Revaluations	41,240

As at 31 March 2025	436,970

Provision
As at 1 April 2024	282,516

As at 31 March 2025	282,516

Net Book Value
As at 31 March 2025	154,454

As at 1 April 2024	113,214

Page 4

Page 5

Mike Bithell Games Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

6. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	-	596,048
Prepayments and accrued income	40,357	41,751
Other debtors	-	144,654
Corporation tax recoverable assets	339,589	140,739
VAT	5,401	750

	385,347	923,942

7. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	29,836	22,803
Other taxes and social security	-	22,464
Net wages	-	19
Other creditors	3,488	3,150
Accruals and deferred income	6,174	7,903
Directors' loan accounts	-	144,654

	39,498	200,993

8. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	1,000	1,000