REGISTERED NUMBER: 13808182 (England and Wales)

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

ACTIVE ENTERTAINMENT EDINBURGH LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Mr A D Harman

Mr Y Maruyama

Mr M J Brent

REGISTERED OFFICE:

240 High Holborn

London

WC14 7DN

REGISTERED NUMBER:

13808182 (England and Wales)

SENIOR STATUTORY AUDITOR:

Graham David Lyon FCCA

AUDITORS:

CG LEE Limited

Chartered Certified Accountants

Statutory Auditors

Ingram House

Meridian Way

Norwich

Norfolk

NR7 0TA

FIXED ASSETS

Tangible assets

4

-

-

CURRENT ASSETS

Stocks

17,948

287,052

Debtors

5

5,102

10,914

Cash at bank

6,038

4,604

29,088

302,570

CREDITORS

Amounts falling due within one year

6

(23,429

)

(10,917

)

NET CURRENT ASSETS

5,659

291,653

TOTAL ASSETS LESS CURRENT LIABILITIES

5,659

291,653

CREDITORS

Amounts falling due after more than one year

7

(1,748,908

)

(1,747,301

)

NET LIABILITIES

(1,743,249

)

(1,455,648

)

CAPITAL AND RESERVES

Called up share capital

8

100

100

Retained earnings

(1,743,349

)

(1,455,748

)

SHAREHOLDERS' DEFICIT

(1,743,249

)

(1,455,648

)

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 29 September 2025 and were signed on its behalf by:

Mr M J Brent - Director

1.	STATUTORY INFORMATION

Active Entertainment Edinburgh 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 statement have been prepared under the historical cost convention.

These financial statements have been prepared under the historical cost convention. The company's functional and presentation currency is the pound sterling.

Going concern

As at 31 December 2024, the company had net liabilities of £1,743,249 (2023 - £1,455,648) which includes an amount of £1,748,908 due to the parent company, Toca Football Uk Limited.

The ultimate parent company Toca Football, Inc. has confirmed it is willing to provide financial support to the company for at least the following 12 months from the date of signing the financial statements.

The directors believe after reviewing the business activities of the company, together with the factors likely to affect future development, its financial position, its exposure to financial risk, and on the basis of funding available, that the company has sufficient resources to continue in operation for the foreseeable future. Therefore, the directors believe it appropriate to adopt the going concern basis in preparing these financial statements.

Related party exemption

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Tangible assets

Tangible assets are stated at cost less accumulated depreciation and any impairment losses. Cost includes the original purchase price of the asset plus costs attributable to bringing the asset to its working condition for its intended use.

Depreciation is calculated using the straight line method from the time when tangible assets are brought in to use so as to write off the cost of fixed assets to their residual values over their estimated useful lives, as follows:

Plant & Machinery etc - 5 years straight line and straight line over life of lease

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.

3.

EMPLOYEES

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

4.	TANGIBLE ASSETS

Following the termination of a project, the directors completed an impairment review of fixed assets to determine their recoverable amounts. A total impairment of £234,594 was identified resulting in a carrying value of £Nil at 31 December 2023.

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Other debtors

5,102

10,914

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade creditors

15,179

2,667

Other creditors

8,250

8,250

23,429

10,917

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2024

2023

£

£

Amounts owed to group undertakings

1,748,908

1,747,301

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2024

2023

value:

£

£

100

Ordinary

£1

100

100

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

The Auditors' Report was unqualified.

Graham David Lyon FCCA (Senior Statutory Auditor)

for and on behalf of CG LEE Limited

10.	PARENT AND ULTIMATE CONTROLLING PARTY