Roblox UK Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 08738724 (England and Wales)

Financial Statements for the Year Ended 31 December 2024

for

Roblox UK Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

H Gunawan

M Reinstra

SECRETARY:

Taylor Wessing Secretaries Limited

REGISTERED OFFICE:

5 New Street Square

London

EC4A 3TW

REGISTERED NUMBER:

08738724 (England and Wales)

AUDITOR:

Paul Hartley FCA

Statutory Auditor

PO Box 27075

London

N2 0FZ

FIXED ASSETS

Tangible assets

4

2,018,727

3,861,039

CURRENT ASSETS

Debtors

5

10,494,920

1,178,871

Cash at bank

2,332,898

168,346

12,827,818

1,347,217

CREDITORS

Amounts falling due within one year

6

7,770,041

294,877

NET CURRENT ASSETS

5,057,777

1,052,340

TOTAL ASSETS LESS CURRENT
LIABILITIES

7,076,504

4,913,379

CAPITAL AND RESERVES

Called up share capital

7

100

Share premium

8

1,904,692

Other reserves

8

6,132,342

4,339,657

Retained earnings

8

(960,630

)

(1,331,070

)

SHAREHOLDERS' FUNDS

7,076,504

4,913,379

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 27 September 2025 and were signed on its behalf by:

H Gunawan - Director

M Reinstra - Director

1.	STATUTORY INFORMATION

Roblox UK Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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

Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes where applicable. Turnover includes revenue earned from the rendering of services to the Parent Company and represents the grossing up of costs incurred by a margin determined by the intercompany service agreement.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

20% on cost

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

Foreign currencies

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 of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 14 (2023 - 11 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Computer

machinery

fittings

equipment

Totals

£

COST

At 1 January 2024

-

6,790

4,013,943

4,020,733

Additions

-

6,399

Reclassification/transfer

3,994,178

-

(3,994,178

)

-

At 31 December 2024

3,994,178

6,790

26,164

4,027,132

DEPRECIATION

At 1 January 2024

-

6,790

152,904

159,694

Charge for year

798,836

-

113

798,949

Impairments

1,049,762

-

1,049,762

Reclassification/transfer

133,139

-

(133,139

)

-

At 31 December 2024

1,981,737

6,790

19,878

2,008,405

NET BOOK VALUE

At 31 December 2024

2,012,441

-

6,286

2,018,727

At 31 December 2023

-

3,861,039

An impairment charge of £1,049,762 (2023 : £nil) is recognised in respect of plant & machinery, reducing the carrying amount to its estimated recoverable amount of £2,012,441. The impairment charge has been recognised within administrative expenses in the profit and loss account.

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

Amounts owed by group undertakings

-

338,109

Other debtors

2,661

-

VAT

184,699

811,519

Prepayments

10,307,560

29,243

10,494,920

1,178,871

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

Trade creditors

161,963

280,700

Amounts owed to group undertakings

7,403,626

-

Pensions payable

-

1,427

Other creditors

-

12,750

Accruals and deferred income

204,452

-

7,770,041

294,877

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2024

2023

value:

£

1,000,000

Ordinary

.0001

100

8.

RESERVES

Retained

Share

Other

earnings

premium

reserves

Totals

£

At 1 January 2024

(1,331,070

)

1,904,692

4,339,657

4,913,279

Profit for the year

370,440

Bonus share issue

-

1,792,685

At 31 December 2024

(960,630

)

1,904,692

6,132,342

7,076,404

9.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditor was unqualified.

Paul Hartley FCA

10.	RELATED PARTY DISCLOSURES

Roblox Corporation

Parent Company

Included in sales and other debtors is £10,272,102 (2023 : £5,250,768) relating to management recharges to the parent company not yet invoiced as at the balance sheet date.

As at 31 December 2024, the company owes £7,403,627 to the parent company Roblox Corporation (2023 : was owed £338,109). The amount is non-interest bearing and repayable on demand.

2024

2023

£

Amount due (to)/from related party at the balance sheet date

(7,403,627

)

338,109

11.	ULTIMATE CONTROLLING PARTY

The controlling party is Roblox Corporation.

Roblox Corporation - 3150 S. Delaware St., CA 94403 a company incorporated in USA

The parent company consolidates this subsidiary in its accounts.

12.	SHARE-BASED PAYMENT TRANSACTIONS

Roblox Corporation, the Company's parent, operates a share option and RSU scheme for the benefit of employees of the group, which, following the acquisition, includes employees within the Company. Certain employees and directors of the company have been granted share options and RSU's over the shares in Roblox Corporation. The share options and RSU's are subject to a vesting period of between one and four years and are subject to and in accordance with the rules of the share option and RSU plans.

During the year, the Company recognised total share-based payment expenses of £1,792,685 (2023 - £1,466,255) which related to these equity settled share based payment transactions granted to employees of the company.

As the company is unable to directly measure the fair value of employee services received, it determined the fair value of the share options granted using the Black-Scholes model. The model is internationally recognised as being appropriate to value employee share schemes similar to the scheme operated by the Company. In respect of the RSU's granted, the company determined the fair value of the RSU grants to be the market price listed at the date of grant.

Outstanding number of share options and RSU's as at 1 January 2024 - 164,521 (1 January 2023 : 185,040)

Number of share options and RSU's granted in the period to 31 December 2024 - 46,259 (period to 31 December 2023 : 51,812)

Number of share options and RSU's exercised or released in the period to 31 December 2024 - 79,023 (period to 31 December 2023 : 72,331)

Number of share options and RSU's cancelled in the period to 31 December 2024 - 4,458 (period to 31 December 2023 : Nil)

Outstanding number of share options and RSU's as at 31 December 2024 - 127,299 (31 December 2023 : 164,521)

Of which were exercisable at 31 December 2024 - 46,813 (31 December 2023 : 57,144)

13.

TAXATION

The taxable loss for the year amounted to £Nil ( 2023 : £975,800) and taxable loss carry forward amounts to £6,861,447 ( 2023 : £8,413,349 ) which will be available against future profits