Play Hut Ltd - Filleted accounts

Registered number

05480846

Play Hut Ltd

Report and Accounts

31 March 2025

Play Hut Ltd
Registered number:		05480846
Balance Sheet
as at 31 March 2025

Notes			2025			2024
£				£
Fixed assets
Intangible assets	3		30,000			30,000
Tangible assets	4		219,483			267,859
			249,483			297,859

Current assets
Debtors	5	36,356			35,856
Cash at bank and in hand		301,929			117,858
		338,285			153,714

Creditors: amounts falling due within one year	6	(78,559)			(518)

Net current assets			259,726			153,196

Total assets less current liabilities			509,209			451,055

Creditors: amounts falling due after more than one year	7		(145,626)			(207,783)



Net assets			363,583			243,272

Capital and reserves
Called up share capital			100			100
Profit and loss account			363,483			243,172

Shareholders' funds			363,583			243,272

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Mr P C Alexander
Director
Approved by the board on 30 September 2025

Play Hut Ltd
Notes to the Accounts
for the year ended 31 March 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland.

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Freehold buildings	over 50 years
	Leasehold land and buildings	over the lease term
	Plant and machinery	over 5 years
	Fixtures, fittings, tools and equipment	over 5 years

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.


2	Employees			2025		2024
Number					Number

	Average number of persons employed by the company			15		15


3	Intangible fixed assets					£
	Goodwill:

	Cost
	At 1 April 2024					30,000
	At 31 March 2025					30,000

	Amortisation
	At 31 March 2025					-

	Net book value
	At 31 March 2025					30,000
	At 31 March 2024					30,000


4	Tangible fixed assets
		Plant and machinery etc		Motor vehicles		Total
£			£		£
	Cost
	At 1 April 2024	64,387		253,305		317,692
	Additions	10,586		69,400		79,986
	Disposals	-		(115,485)		(115,485)
	At 31 March 2025	74,973		207,220		282,193

	Depreciation
	At 1 April 2024	49,833		-		49,833
	Charge for the year	12,877		-		12,877
	At 31 March 2025	62,710		-		62,710

	Net book value
	At 31 March 2025	12,263		207,220		219,483
	At 31 March 2024	14,554		253,305		267,859



5	Debtors			2025		2024
£					£

	Trade debtors			36,356		35,856


6	Creditors: amounts falling due within one year			2025		2024
£					£

	Trade creditors			-		(227)
	Corporation tax			57,259		(9)
	Other taxes and social security costs			19,632		-
	Other creditors			1,668		754
				78,559		518


7	Creditors: amounts falling due after one year			2025		2024
£					£

	Bank loans			16,007		25,057
	Obligations under finance lease and hire purchase contracts			129,619		182,726
				145,626		207,783


8	Other information

	Play Hut Ltd is a private company limited by shares and incorporated in England. Its registered office is:
	347 North Road
	Darlington
	DL1 3BL