REGISTERED NUMBER: 00711044 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

FOR

WITZIGS GAMES LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

P M Gray

Mrs S K Gray

Miss L K Mortimer Gray

SECRETARY:

Miss L K Mortimer Gray

REGISTERED OFFICE:

1 Smiths Lane

Fakenham

Norfolk

NR21 8LQ

REGISTERED NUMBER:

00711044 (England and Wales)

ACCOUNTANTS:

Wheelers

Chartered Accountants & Tax Consultants

27-29 Old Market

Wisbech

Cambridgeshire

PE13 1NE

BANKERS:

Nat West Bank plc

94 Moorgate

London

EC2M 6XT

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

-

39,800

-

39,800

CURRENT ASSETS

Stocks

1,385

7,193

Debtors

6

12

27,183

Cash at bank

476,879

5,999

478,276

40,375

CREDITORS

Amounts falling due within one year

7

100,721

67,554

NET CURRENT ASSETS/(LIABILITIES)

377,555

(27,179

)

TOTAL ASSETS LESS CURRENT LIABILITIES

377,555

12,621

CAPITAL AND RESERVES

Called up share capital

10,000

10,000

Retained earnings

367,555

2,621

SHAREHOLDERS' FUNDS

377,555

12,621

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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 9 October 2025 and were signed on its behalf by:

P M Gray - Director

1.	STATUTORY INFORMATION

Witzigs Games Ltd 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

The directors believe that the company is well placed to manage its financial risks successfully and have reasonable expectation that it has adequate resources to continue in operational existence for the foreseeable future. Consequently, it continues to adopt the going concern basis of accounting in preparing the annual financial statements.

Turnover

Turnover represents net invoiced sales of goods, excluding value added tax. Sales are recognised on the dispatch of goods.

Intangible fixed assets

Intangible fixed assets represent trademarks acquired by the company in 2006. It has been decided to amortise these in full.

Tangible fixed assets

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

Plant and machinery

20% and 33% on cost

No provision has been made for depreciation of freehold buildings. The directors are of the opinion that the recoverable amount of the freehold buildings is in excess of the carrying value of that class of asset. An annual impairment review is performed by the directors to ensure no change to this opinion has occurred.

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.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2024 - 3 ) .

4.	INTANGIBLE FIXED ASSETS

Other

intangible

assets

£

COST

At 1 April 2024

and 31 March 2025

10

AMORTISATION

At 1 April 2024

and 31 March 2025

10

NET BOOK VALUE

At 31 March 2025

-

At 31 March 2024

-

5.	TANGIBLE FIXED ASSETS

Buildings

£

COST

At 1 April 2024

40,307

Disposals

(40,307

)

At 31 March 2025

-

DEPRECIATION

At 1 April 2024

507

Eliminated on disposal

(507

)

At 31 March 2025

-

NET BOOK VALUE

At 31 March 2025

-

At 31 March 2024

39,800

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

12

-

Other debtors

-

27,183

12

27,183

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans and overdrafts

-

5,573

Trade creditors

616

838

Taxation and social security

79,471

1,459

Other creditors

20,634

59,684

100,721

67,554