REGISTERED NUMBER: 12798799 (England and Wales)

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

R8G UK LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

Miss D Sopelkina

REGISTERED OFFICE:

2 Upperton Gardens

Eastbourne

East Sussex

BN21 2AH

REGISTERED NUMBER:

12798799 (England and Wales)

AUDITORS:

Xeinadin Audit Limited

8th Floor

Becket House

36 Old Jewry

London

EC2R 8DD

FIXED ASSETS

Intangible assets

4

-

52

Tangible assets

5

53,741

61,772

53,741

61,824

CURRENT ASSETS

Debtors

6

872,351

1,044,442

Cash at bank

603,562

199,648

1,475,913

1,244,090

CREDITORS

Amounts falling due within one year

7

1,006,520

824,710

NET CURRENT ASSETS

469,393

419,380

TOTAL ASSETS LESS CURRENT LIABILITIES

523,134

481,204

PROVISIONS FOR LIABILITIES

13,435

17,490

NET ASSETS

509,699

463,714

CAPITAL AND RESERVES

Called up share capital

8

38,000

38,000

Retained earnings

471,699

425,714

SHAREHOLDERS' FUNDS

509,699

463,714

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 director and authorised for issue on 24 September 2025 and were signed by:

Miss D Sopelkina - Director

1.	STATUTORY INFORMATION

R8G 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, 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.

Computer software is being amortised evenly over its estimated useful life of three years.

Tangible fixed assets

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

Computer equipment

-

25% on reducing balance

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.

Cash and cash equivalents

Cash and cash equivalents comprise cash at bank and on hand and short-term deposits with an original

maturity of three months or less that are readily convertible to known amounts of cash. The carrying amount

represents fair value.

Debtors & Creditors

The valuation of contracts at the year end identifies revenue not invoiced at the year end but that relate to the period, these are included within accrued income.

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 15 (2023 - 14 ) .

4.	INTANGIBLE FIXED ASSETS

Other

intangible

assets

£

COST

At 1 January 2024

and 31 December 2024

5,181

AMORTISATION

At 1 January 2024

5,129

Charge for year

52

At 31 December 2024

5,181

NET BOOK VALUE

At 31 December 2024

-

At 31 December 2023

52

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 January 2024

95,224

Additions

13,734

Disposals

(4,994

)

At 31 December 2024

103,964

DEPRECIATION

At 1 January 2024

33,452

Charge for year

18,407

Eliminated on disposal

(1,636

)

At 31 December 2024

50,223

NET BOOK VALUE

At 31 December 2024

53,741

At 31 December 2023

61,772

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade debtors

97,897

46,047

Amounts owed by group undertakings

519,604

776,933

Other debtors

600

-

VAT

-

1,499

Prepayments and accrued income

254,250

219,963

872,351

1,044,442

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade creditors

994

468

Amounts owed to group undertakings

847,920

537,770

Tax

18,578

(4,753

)

Social security and other taxes

55,747

94,597

VAT

7,554

-

Other creditors

8,753

5,012

Accrued expenses

66,974

191,616

1,006,520

824,710

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2024

2023

value:

£

£

38,000

Ordinary

£1

38,000

38,000

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

The Report of the Auditors was unqualified.

Andrew Hill (Senior Statutory Auditor)

for and on behalf of Xeinadin Audit Limited

10.	RELATED PARTY DISCLOSURES

R8S Entertainment Limited is a company under common control with R8G UK Limited.

During the year, R8S Entertainment Limited provided subcontractor services to R8G UK Limited totalling £ 3,850,914 (2023: £4,165,716). As of the year end date, R8G UK Limited owed R8S Entertainment Limited £ 847,920 (2023:£nil) and R8G UK Limited provided subcontractor services to R8S Entertainment Limited totalling £1,741,771.07 (2023: £ 1,987,481) and as of the year end date R8G UK Limited were owed £519,604 (2023: £692,453)

DLE Dragon Lake Entertainment Ltd is a company under common control with R8G UK Limited.

During the year, DLE Dragon Lake Entertainment Ltd provided subcontractor services to R8G UK Limited totalling £ 14,067 (2023: £567,678). As of the year end date, R8G UK Limited owed DLE Dragon Lake Entertainment Ltd £ nil (2023: £ 537,770) and R8G UK Limited provided subcontractor services to DLE Dragon Lake Entertainment Ltd totalling £ 379,173 (2023: £ 456,683) and as of the year end date R8G UK Limited were owed £nil (2023: £ 48,285).

R8G Canada INC. is a company under common control with R8G UK Limited.

During the year, R8G Canada INC. provided subcontractor services to R8G UK Limited totalling £ nil (2023: £12,542). As of the year end date, R8G UK Limited owed R8G Canada INC £nil (2023: £nil)

Massive Black Studios LLC. is a company under common control with R8G UK Limited.

During the year, Massive Black Studios LLC. provided subcontractor services to R8G UK Limited totalling £nil (2023 £ 61,854). As of the year end end date, R8G UK Limited were owed £nil (2023: £ 36,195)

11.	ULTIMATE CONTROLLING PARTY

Room 8 Group Ltd, formerly known as Room 8 Holding Ltd is the ultimate controlling party and owns 100% of the share capital and is incorporated in Cyprus.