Company No: 01755525 (England and Wales)

Contents

• Company Information
• Balance Sheet
• Notes to the Financial Statements

DIRECTOR

Stephen Overs

REGISTERED OFFICE	Expresso Slots
	19 Market Place
	Bedlington
	NE22 5TN
	United Kingdom

COMPANY NUMBER

01755525 (England and Wales)

ACCOUNTANT	S&W Partners Newcastle Limited
	17 Queens Lane
	Newcastle
	NE1 1RN

	Note	2025		2024
		£		£
Fixed assets
Tangible assets	4	2,237,046		2,407,016
Investments	5	653,789		653,789
		2,890,835		3,060,805
Current assets
Stocks		5,806		6,816
Debtors	6	103,553		53,471
Cash at bank and in hand		925,757		977,252
		1,035,116		1,037,539
Creditors: amounts falling due within one year	7	( 771,006)		( 1,187,629)
Net current assets/(liabilities)		264,110		(150,090)
Total assets less current liabilities		3,154,945		2,910,715
Creditors: amounts falling due after more than one year	8	( 5,467)		( 6,237)
Provision for liabilities		( 199,527)		( 235,030)
Net assets		2,949,951		2,669,448
Capital and reserves
Called-up share capital		100		100
Profit and loss account		2,949,851		2,669,348
Total shareholders' funds		2,949,951		2,669,448

For the financial year ending 31 May 2025 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

• The members have not required the Company to obtain an audit of its financial statements for the financial year in accordance with section 476;
• The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Profit and Loss Account has not been delivered.

The financial statements of Treatview Limited (registered number: 01755525) were approved and authorised for issue by the Director on 21 October 2025. They were signed on its behalf by:

Stephen Overs Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Treatview Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Expresso Slots, 19 Market Place, Bedlington, NE22 5TN, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with ‘The Financial Reporting Standard applicable in the UK and the Republic of Ireland’ issued by the Financial Reporting Council, including Section 1A of Financial Reporting Standard 102 (FRS102), and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The functional currency of Treatview Limited is considered to be pounds sterling because that is the currency of the primary economic environment in which the Company operates.

These financial statements are separate financial statements.

Group accounts exemption

Group accounts exemption s399
The Company has taken advantage of the exemption under section 399 of the Companies Act 2006 not to prepare consolidated accounts, on the basis that the group of which this is the parent qualifies as a small group. The financial statements present information about the Company as an individual entity and not about its group.

Turnover

Turnover is stated net of VAT and trade discounts and is recognised when the significant risks and rewards are considered to have been transferred to the buyer. Turnover from amusement arcades is recognises when the amount of revenue can be measured reliably and when it is probable that future economic benefits will flow to the company.

Employee benefits

Short term benefits
The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

Termination benefits are recognised as an expense when the Company is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

Defined contribution schemes
The Company operates a defined contribution scheme. The amount charged to the Profit and Loss Account in respect of pension costs and other post-retirement benefits is the contributions payable in the financial year. Differences between contributions payable in the financial year and contributions actually paid are included as either accruals or prepayments in the Balance Sheet.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Deferred tax
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the Company's financial statements. Deferred tax is provided in full on timing differences which result in an obligation to pay more or less tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on enacted or substantively enacted tax rates and laws. Deferred tax assets and liabilities are not discounted.

The carrying amount of deferred tax assets are reviewed at each reporting date and a valuation allowance is set up against deferred tax assets so that the net carrying amount equals the highest amount that is more likely than not to be recovered based on current or future taxable profit. Deferred tax assets are recognised only to the extent that it is probable that future taxable profit will be available against which the temporary differences can be utilised.

Intangible assets

Intangible assets are stated at cost or valuation, net of amortisation and any provision for impairment. Amortisation is provided on all intangible assets at rates to write off the cost or valuation of each asset over its expected useful life as follows:

Goodwill

20 years straight line

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Land and buildings	50 years straight line
	depreciated over the life of the lease
Plant and machinery etc.	3 years straight line
	15 - 25 % reducing balance

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

Leases

The Company as lessee
Assets held under finance leases, hire purchase contracts and other similar arrangements, which confer rights and obligations similar to those attached to owned assets, are capitalised as tangible fixed assets at the fair value of the leased asset (or, if lower, the present value of the minimum lease payments as determined at the inception of the lease) and are depreciated over the shorter of the lease terms and their useful lives. The capital elements of future lease obligations are recorded as liabilities, while the interest elements are charged to the Profit and Loss Account over the period of the leases to produce a constant periodic rate of interest on the remaining balance of the liability.

Rentals under operating leases are charged on a straight-line basis over the lease term, even if the payments are not made on such a basis. Benefits received and receivable as an incentive to sign an operating lease are similarly spread on a straight-line basis over the lease term.

Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Balance Sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the Profit and Loss Account as described below.

Fixed asset investments

Investments are recognised initially at fair value which is normally the transaction price excluding transaction costs. Subsequently, they are measured at fair value through profit or loss if the shares are publicly traded or their fair value can otherwise be measured reliably. Other investments are measured at cost less impairment.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to sell, which is equivalent to the net realisable value. Cost includes materials, direct labour and an attributable proportion of manufacturing overheads based on normal levels of activity. Cost is calculated using the FIFO (first-in, first-out) method. Provision is made for obsolete, slow-moving or defective items where appropriate.

At each reporting date, an assessment is made for impairment. Any excess of the carrying amount of stocks over its estimated selling price less costs to complete and sell is recognised as an impairment loss in profit or loss. Reversals of impairment losses are also recognised in profit or loss.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Government grants

Government grants are recognised based on the accrual model and are measured at the fair value of the asset received or receivable. Grants are classified as relating either to revenue or to assets. Grants relating to revenue are recognised in income over the period in which the related costs are recognised. Grants relating to assets are recognised over the expected useful life of the asset. Where part of a grant relating to an asset is deferred, it is recognised as deferred income.

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.

2. Employees

	2025		2024
	Number		Number
Monthly average number of persons employed by the Company during the year, including the director	42		43

3. Intangible assets

	Goodwill		Total
	£		£
Cost
At 01 June 2024	83,379		83,379
	0		0
At 31 May 2025	83,379		83,379
Accumulated amortisation
At 01 June 2024	83,379		83,379
At 31 May 2025	83,379		83,379
Net book value
At 31 May 2025	0		0
At 31 May 2024	0		0

4. Tangible assets

	Land and buildings		Plant and machinery etc.		Total
	£		£		£
Cost
At 01 June 2024	2,020,168		3,426,458		5,446,626
Additions	0		215,714		215,714
Disposals	0		( 29,750)		( 29,750)
At 31 May 2025	2,020,168		3,612,422		5,632,590
Accumulated depreciation
At 01 June 2024	773,644		2,265,966		3,039,610
Charge for the financial year	59,622		313,163		372,785
Disposals	0		( 16,851)		( 16,851)
At 31 May 2025	833,266		2,562,278		3,395,544
Net book value
At 31 May 2025	1,186,902		1,050,144		2,237,046
At 31 May 2024	1,246,524		1,160,492		2,407,016

5. Fixed asset investments

Investments in subsidiaries

	2025
	£
Cost
At 01 June 2024	653,789
At 31 May 2025	653,789
Carrying value at 31 May 2025	653,789
Carrying value at 31 May 2024	653,789

6. Debtors

	2025		2024
	£		£
Trade debtors	606		7,033
Other debtors	102,947		46,438
	103,553		53,471

7. Creditors: amounts falling due within one year

	2025		2024
	£		£
Trade creditors	85,064		62,706
Amounts owed to Group undertakings	554,331		554,331
Taxation and social security	109,780		133,087
Obligations under finance leases and hire purchase contracts	435		6,997
Other creditors	21,396		430,508
	771,006		1,187,629

8. Creditors: amounts falling due after more than one year

	2025		2024
	£		£
Obligations under finance leases and hire purchase contracts	0		594
Other creditors	5,467		5,643
	5,467		6,237

There are no amounts included above in respect of which any security has been given by the small entity.

9. Financial commitments

Commitments

Total future minimum lease payments under non-cancellable operating leases are as follows:

	2025		2024
	£		£
within one year	108,333		105,000
between one and five years	360,000		370,000
after five years	637,500		727,500
Total future minimum lease payments under non-cancellable operating leases	1,105,833		1,202,500

10. Related party transactions

Other related party transactions

	2025		2024
	£		£
Mr S Overs - Loan advanced	22,552		0
Balance outstanding at end of year	22,552		0
	0		0
	0		0

The above loan attracts interest at 2.25%, is repayable on demand and unsecured.