REGISTERED NUMBER: 06997899 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30TH SEPTEMBER 2024

FOR

UNIPLAY IT'S EDUCATIONAL LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Ms V Walmsley

P G Riley

M P Jarvie

J M Dooley

REGISTERED OFFICE:

Units 3-5 Centurion Court

Centurion Way

Blackburn

BB1 2NB

REGISTERED NUMBER:

06997899 (England and Wales)

ACCOUNTANTS:

Ryans

Chartered Accountants

67 Chorley Old Road

Bolton

BL1 3AJ

FIXED ASSETS

Intangible assets

3

759

853

Tangible assets

4

155,294

204,148

156,053

205,001

CURRENT ASSETS

Stocks

65,815

94,555

Debtors

5

889,041

727,459

Cash at bank

484

41,640

955,340

863,654

CREDITORS

Amounts falling due within one year

6

512,981

572,075

NET CURRENT ASSETS

442,359

291,579

TOTAL ASSETS LESS CURRENT LIABILITIES

598,412

496,580

CREDITORS

Amounts falling due after more than one year

7

(35,655

)

(56,558

)

PROVISIONS FOR LIABILITIES

(30,118

)

(40,420

)

NET ASSETS

532,639

399,602

CAPITAL AND RESERVES

Called up share capital

10

100

100

Retained earnings

532,539

399,502

SHAREHOLDERS' FUNDS

532,639

399,602

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th September 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th September 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 30th September 2025 and were signed on its behalf by:

P G Riley - Director

1.	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, excluding discounts, rebates, value added tax and other sales taxes.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Patents and licences are being amortised evenly over their estimated useful life of ten years.

Depreciation

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and equipment

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

2.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 22 (2023 - 25 ) .

3.	INTANGIBLE FIXED ASSETS

Other

intangible

assets

£

COST

At 1st October 2023

and 30th September 2024

939

AMORTISATION

At 1st October 2023

86

Charge for year

94

At 30th September 2024

180

NET BOOK VALUE

At 30th September 2024

759

At 30th September 2023

853

4.	TANGIBLE FIXED ASSETS

Plant and

Motor

equipment

vehicles

Totals

£

£

£

COST

At 1st October 2023

177,432

230,497

407,929

Additions

2,763

-

2,763

Disposals

(1,925

)

-

(1,925

)

At 30th September 2024

178,270

230,497

408,767

DEPRECIATION

At 1st October 2023

107,213

96,568

203,781

Charge for year

17,709

33,482

51,191

Eliminated on disposal

(1,499

)

-

(1,499

)

At 30th September 2024

123,423

130,050

253,473

NET BOOK VALUE

At 30th September 2024

54,847

100,447

155,294

At 30th September 2023

70,219

133,929

204,148

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Motor

vehicles

£

COST

At 1st October 2023

and 30th September 2024

114,552

DEPRECIATION

At 1st October 2023

24,275

Charge for year

22,569

At 30th September 2024

46,844

NET BOOK VALUE

At 30th September 2024

67,708

At 30th September 2023

90,277

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

as restated

£

£

Trade debtors

369,778

238,442

Amounts owed by group undertakings

480,097

457,013

Other debtors

500

1,000

Directors' current accounts

-

1

Prepayments

38,666

31,003

889,041

727,459

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

as restated

£

£

Bank loans and overdrafts

30,134

48,571

Hire purchase contracts (see note 8)

20,903

20,903

Trade creditors

228,910

250,178

Amounts owed to group undertakings

-

17,939

Tax

141,757

114,637

Social security and other taxes

7,810

17,584

VAT

20,590

31,410

Other creditors

44,095

25,576

Pension payable

2,175

-

Directors' current accounts

-

25,240

Accrued expenses

16,607

20,037

512,981

572,075

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2024

2023

as restated

£

£

Hire purchase contracts (see note 8)

35,655

56,558

8.	LEASING AGREEMENTS

Minimum lease payments under hire purchase fall due as follows:

2024

2023

as restated

£

£

Net obligations repayable:

Within one year

20,903

20,903

Between one and five years

35,655

56,558

56,558

77,461

At the reporting end date the company had annual outstanding commitments for for future lease payments under non-cancellable operating leases of £33,157 (2021 - £26,481).

9.	SECURED DEBTS

The following secured debts are included within creditors:

2024

2023

as restated

£

£

Bank loans

-

48,571

Hire purchase contracts

56,558

77,461

56,558

126,032

The bank loan is secured by fixed and floating charges over the company's assets.

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2024

2023

value:

as restated

£

£

100

Ordinary

£1

100

100

11.	ULTIMATE CONTROLLING PARTY

The company is a wholly owned subsidiary of Uniplay Holdings Limited.