Play Creations Ltd.

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

Registered number: 06252520

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		50,591		61,976

			50,591		61,976
CURRENT ASSETS
Stocks		7,495		30,021
Debtors	5	6,313		4,250
Cash at bank and in hand		71,837		23,830

		85,645		58,101
Creditors: Amounts Falling Due Within One Year	6	(64,089 )		(30,041 )

NET CURRENT ASSETS (LIABILITIES)			21,556		28,060

TOTAL ASSETS LESS CURRENT LIABILITIES			72,147		90,036

Creditors: Amounts Falling Due After More Than One Year	7		(8,524 )		(20,702 )

PROVISIONS FOR LIABILITIES
Deferred Taxation	8		(12,493 )		(12,662 )

NET ASSETS			51,130		56,672

CAPITAL AND RESERVES
Called up share capital			100		100
Profit and Loss Account			51,030		56,572

SHAREHOLDERS' FUNDS			51,130		56,672

Page 1

Page 2

Play Creations Ltd.

Balance Sheet (continued)

As At 31 January 2025

For the year ending 31 January 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 Sherief Megid

Director

29/09/2025

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

1. General Information

Play Creations Ltd. Registered number 06252520 is a limited by shares company incorporated in England & Wales. The Registered Office is 19 Middlewoods Way, Wharncliffe Business park, Carlton, Barnsley, S71 3HR.

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 comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are stated at cost less depreciation. 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:

Motor Vehicles	25% reducing balance
Fixtures & Fittings	25% reducing balance
Computer Equipment	25% reducing balance

2.4. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

2.5. Taxation

The charge for taxation takes into account taxation deferred as a result of timing differences between the treatment of certain items for taxation and accounting purposes. In general, deferred taxation is recognised in respect of timing differences that have originated but not reversed at the balance sheet date. However, deferred tax assets are recognised only to the extent that the directors consider that it is more likely than not that there will be suitable taxable profits from which the future reversal of the underlying timing differences can be deducted. Deferred taxation is measured on a non-discounted basis at the tax rates that are expected to apply in periods in which the timing differences reverse, based on tax rates and the law enacted or substantively enacted at the balance sheet date.

2.6. Pensions

The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 7 (2024: 6)

4. Tangible Assets

	Motor Vehicles	Fixtures & Fittings	Computer Equipment	Total
	£	£	£	£
Cost
As at 1 February 2024	31,140	118,810	32,898	182,848
Additions	-	3,150	2,478	5,628

As at 31 January 2025	31,140	121,960	35,376	188,476

Depreciation
As at 1 February 2024	22,324	74,666	23,882	120,872
Provided during the period	2,316	11,824	2,873	17,013

As at 31 January 2025	24,640	86,490	26,755	137,885

...CONTINUED

Page 3

Page 4

Play Creations Ltd.

Notes to the Financial Statements (continued)

For The Year Ended 31 January 2025

Net Book Value
As at 31 January 2025	6,500	35,470	8,621	50,591

As at 1 February 2024	8,816	44,144	9,016	61,976

Included above are assets held under finance leases or hire purchase contracts with a net book value as follows:

5. Debtors

	2025	2024
	£	£
Due within one year
Other Debtor	1,250	4,250
PAYE	63	-
Amounts owed by associates	5,000	-

	6,313	4,250

6. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	10,416	52
Bank loans and overdrafts	10,000	10,000
Corporation tax	21,540	7,631
PAYE	-	792
VAT	1,083	4,106
Wages creditor	2,566	-
Pension creditor	324	107
Income received in advance	14,350	3,270
Accruals and deferred income	1,518	1,791
Deferred govt grants	2,178	2,178
Directors' loan accounts	114	114

	64,089	30,041

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

	2025	2024
	£	£
Bank loans	4,167	14,167
Deferred govt grants	4,357	6,535

	8,524	20,702

8. Deferred Taxation

The provision for deferred tax is made up as follows:

	2025	2024
	£	£
Other timing differences	12,493	12,662

Page 4

Page 5

Play Creations Ltd.

Notes to the Financial Statements (continued)

For The Year Ended 31 January 2025

9. Provisions for Liabilities


	Deferred Tax	Total
	£	£
As at 1 February 2024	12,662	12,662
Reversals	(169 )	(169)

Balance at 31 January 2025	12,493	12,493

10. Related Party Transactions

The company is controlled by Mr S Megid, director and shareholder of the company.

The balance on the director's loan accounts of Mr S Megid at 31st January 2025 was £114 (2024 - £114) due from the company.

Page 5