09058603falseonline gaming2024-01-012024-12-31http://www.companieshouse.gov.uk/2023-12-31http://www.companieshouse.gov.uk/pt:ShareCapital2023-12-31http://www.companieshouse.gov.uk/cd:Director12024-01-012024-12-31http://www.companieshouse.gov.uk/pt:ShareCapital2024-12-31http://www.companieshouse.gov.uk/cd:Director22024-01-012024-12-31http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12024-01-012024-12-31http://www.companieshouse.gov.uk/cd:RegisteredOffice2024-01-012024-12-31http://www.companieshouse.gov.uk/cd:OrdinaryShareClass22024-01-012024-12-31http://www.companieshouse.gov.uk/pt:NetGoodwill2024-12-31http://www.companieshouse.gov.uk/cd:AuditExemptWithAccountantsReport2024-01-012024-12-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2024-12-31http://www.companieshouse.gov.uk/pt:NetGoodwill2024-01-012024-12-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2023-12-31http://www.companieshouse.gov.uk/2024-01-012024-12-31http://www.companieshouse.gov.uk/2023-12-31http://www.companieshouse.gov.uk/cd:FRS1022024-01-012024-12-31http://www.companieshouse.gov.uk/2024-12-31http://www.companieshouse.gov.uk/cd:FullAccounts2024-01-012024-12-31http://www.companieshouse.gov.uk/cd:PrivateLimitedCompanyLtd2024-01-012024-12-31iso4217:GBPxbrli:sharesxbrli:pure
Registered number: 09058603
Majestic Bingo Online Limited
ACCOUNTS
FOR THE YEAR ENDED 31/12/2024
Prepared By:
GT Accountants Limited
Unit 7, The Court House
72 Moorland Road, Burslem
Stoke on Trent
Staffs
ST6 1DY
Majestic Bingo Online Limited
ACCOUNTS
FOR THE YEAR ENDED 31/12/2024
DIRECTORS
Kevin McGinnigle
David Gallimore
REGISTERED OFFICE
Unit 7 The Court House
72 Moorland Road
Stoke-on-Trent
ST6 1DY
COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 09058603
ACCOUNTANTS
GT Accountants Limited
Unit 7, The Court House
72 Moorland Road, Burslem
Stoke on Trent
Staffs
ST6 1DY
Majestic Bingo Online Limited
ACCOUNTS
FOR THEYEARENDED31/12/2024
CONTENTS
Page
Balance Sheet3
Notes To The Accounts4
Majestic Bingo Online Limited
BALANCE SHEET AT 31/12/2024
20242023
Notes££
FIXED ASSETS
Intangible assets4133,000-
CURRENT ASSETS
Debtors516,11183,819
Cash at bank and in hand48,17821,199
64,289105,018
CREDITORS: Amounts falling due within one year699,60596,054
NET CURRENT (LIABILITIES) / ASSETS(35,316)8,964
TOTAL ASSETS LESS CURRENT LIABILITIES97,6848,964
CAPITAL AND RESERVES
Called up share capital711
Profit and loss account97,6838,963
SHAREHOLDERS' FUNDS97,6848,964
For the year ending 31/12/2024 the company was entitled to exemption 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 directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 09/09/2025 and signed on their behalf by
.............................
David Gallimore
Director
Majestic Bingo Online Limited
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31/12/2024
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .
1b. Going Concern
These financial statements have been prepared on a going concern basis. The company has new owners who are financially supporting the company following the liquidation of Majestic Bingo Limited and subsequent loan write of the inter group loan. This company is profitable and the directors consider that the going conern basis of accounts preparation is appropriate.
1c. Goodwill
Goodwill arising in connection with the acquisition of businesses is capitalised and amortised over its estimated economic life of 10 years. Goodwill is reviewed annually for impairment if events or changes in circumstances indicate that the carrying value may not be recoverable.
2. EMPLOYEES
20242023
No.No.
Average number of employees22
3. EXCEPTIONAL ITEM
The excetional item of £17,919 relates to an intercompany loan to Majestic Bingo Limited a company which is now in liquidation. This company has subsequently been sold to new owners, however the directors consider that the above loan will not be recoverable.
Majestic Bingo Online Limited
4. INTANGIBLE FIXED ASSETS
Purchased
GoodwillTotal
££
Cost
Additions140,000140,000
At 31/12/2024140,000140,000
Depreciation
For the year7,0007,000
At 31/12/20247,0007,000
Net Book Amounts
At 31/12/2024133,000133,000
5. DEBTORS 20242023
££
Amounts falling due within one year
Trade debtors11482,822
Other debtors997997
Accrued income15,000-
16,11183,819
6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20242023
££
UK corporation tax-17,947
VAT-48,378
Trade creditors5629,729
Accruals1,300-
Amounts due to group companies97,74320,000
99,60596,054
Majestic Bingo Online Limited
7. SHARE CAPITAL 20242023
££
Allotted, issued and fully paid:
9500 Ordinary A shares of £.0001 each.95.95
500 Ordinary B shares of £.0003 each.15.15
11
8. CONTROLLING PARTY
The company's ultimate parent company is Real Fun Group Limited, company number 15181116, a company incorporated in England & Wales whose registered office is Unit 7, The Court House, 72 Moorland Road, Stoke-on-Trent ST6 1DY.