Paintballing Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—4

Registered number: 07191492

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		4,551		4,482

			4,551		4,482
CURRENT ASSETS
Debtors	5	34,752		104,463
Cash at bank and in hand		1,050,011		1,058,215

		1,084,763		1,162,678
Creditors: Amounts Falling Due Within One Year	6	(879,346 )		(104,991 )

NET CURRENT ASSETS (LIABILITIES)			205,417		1,057,687

TOTAL ASSETS LESS CURRENT LIABILITIES			209,968		1,062,169

PROVISIONS FOR LIABILITIES
Deferred Taxation	7		(865 )		(852 )

NET ASSETS			209,103		1,061,317

CAPITAL AND RESERVES
Called up share capital	8		1,000		1,000
Profit and Loss Account			208,103		1,060,317

SHAREHOLDERS' FUNDS			209,103		1,061,317

Page 1

Page 2

Paintballing 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 member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The director acknowledges his 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 Justin Toohig

Director

25 September 2025

The notes on pages 3 to 4 form part of these financial statements.

1. General Information

Paintballing Limited Registered number 07191492 is a limited by shares company incorporated in England & Wales. The Registered Office is Bentinck House, Bentinck Road, West Drayton, Middlesex, UB7 7RQ.

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:

Fixtures & Fittings	25% Reducing Balance
Computer Equipment	50% Straight Line

2.4. 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.

2.5. Registrar Filing Requirements

The company has taken advantage of Companies Act 2006 section 444(1) and opted not to file the profit and loss account, directors report, and notes to the financial statements relating to the profit and loss account.

3. Average Number of Employees

Average number of employees, including directors, during the year was:

	2025	2024
Office and administration	6	6

	6	6

4. Tangible Assets

	Fixtures & Fittings	Computer Equipment	Total
	£	£	£
Cost
As at 1 April 2024	12,367	8,025	20,392
Additions	1,586	-	1,586

As at 31 March 2025	13,953	8,025	21,978

Depreciation
As at 1 April 2024	7,885	8,025	15,910
Provided during the period	1,517	-	1,517

As at 31 March 2025	9,402	8,025	17,427

...CONTINUED

Page 3

Page 4

Paintballing Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

Net Book Value
As at 31 March 2025	4,551	-	4,551

As at 1 April 2024	4,482	-	4,482

5. Debtors

	2025	2024
	£	£
Due within one year
Prepayments and accrued income	691	391
Other debtors	6,875	6,875
Amounts owed by other participating interests	27,186	97,197

	34,752	104,463

Included in amounts owed by connected companies is an amount of £27,186 (2024 - nil) owed by Prospera Limited, a company registered and incorporated in the UK, in which Mrs. C. Toohig is a director and shareholder.

6. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	2,958	5,286
Bank loans and overdrafts	4,500	-
Corporation tax	57,083	62,616
Other taxes and social security	3,087	-
VAT	31,356	35,153
Pension contribution - creditor	428	483
Accruals	1,675	1,350
Director's loan account	13	103
Amounts owed to other participating interests	778,246	-

	879,346	104,991

Included in the amounts owed to connected companies is an amount of £778,246 (2024- debtor of £97,197) owed to F&F Corporation Ltd, a company registered and incorporated in the United Kingdom, which holds 100% of share capital in Paintballing Ltd.

7. Deferred Taxation

The provision for deferred tax is made up as follows:

	2025	2024
	£	£
Other timing differences	865	852

8. Share Capital

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

9. Controlling Party

The company's controlling party is F&F Corporation Ltd by virtue of the ownership of 100% of the issued share capital in the company.