REGISTERED NUMBER: 04179126 (England and Wales)

Financial Statements

for the Year Ended 31 March 2025

for

The Game Cart Company Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

T H Johnson

Mrs C V Johnson

SECRETARY:

T H Johnson

REGISTERED OFFICE:

Spring Lodge

Forcett

Richmond

North Yorkshire

DL11 7RU

REGISTERED NUMBER:

04179126 (England and Wales)

ACCOUNTANTS:

Teesdale Consultants

15 Northumberland Street

Darlington

Co. Durham

DL3 7HJ

SOLICITORS:

Meikles Solicitors

38 Horsemarket

Barnard Castle

County Durham

DL12 8NA

FIXED ASSETS

Intangible assets

4

2,000

4,000

Tangible assets

5

9,265

8,801

11,265

12,801

CURRENT ASSETS

Stocks

1,500

1,500

Debtors

6

-

1,032

Cash at bank

48,551

39,366

50,051

41,898

CREDITORS

Amounts falling due within one year

7

(42,138

)

(33,162

)

NET CURRENT ASSETS

7,913

8,736

TOTAL ASSETS LESS CURRENT LIABILITIES

19,178

21,537

CREDITORS

Amounts falling due after more than one year

8

(18,381

)

(22,791

)

NET ASSETS/(LIABILITIES)

797

(1,254

)

CAPITAL AND RESERVES

Called up share capital

9

300

300

Retained earnings

10

497

(1,554

)

SHAREHOLDERS' FUNDS

797

(1,254

)

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 15 December 2025 and were signed on its behalf by:

T H Johnson - Director

Mrs C V Johnson - Director

1.	STATUTORY INFORMATION

The Game Cart Company 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.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business, is being amortised evenly over its estimated remaining useful life of ten years.

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.

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 etc

-

25% on cost

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 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.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date, where it is deemed to be material.

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 AND DIRECTORS

The average number of employees during the year was 10 (2024 - 11 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2024

and 31 March 2025

20,000

AMORTISATION

At 1 April 2024

16,000

Charge for year

2,000

At 31 March 2025

18,000

NET BOOK VALUE

At 31 March 2025

2,000

At 31 March 2024

4,000

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2024

26,434

Additions

5,330

At 31 March 2025

31,764

DEPRECIATION

At 1 April 2024

17,633

Charge for year

4,866

At 31 March 2025

22,499

NET BOOK VALUE

At 31 March 2025

9,265

At 31 March 2024

8,801

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Other debtors

-

1,032

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Payments on account

10,583

3,500

Trade creditors

1,597

3,494

Taxation and social security

13,762

3,896

Other creditors

16,196

22,272

42,138

33,162

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

Other creditors

18,381

22,791

Amounts falling due in more than five years:

Repayable by instalments

Other loans more 5yrs instal

736

5,146

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.25

31.3.24

value:

£

£

300

Ordinary

£1

300

300

10.

RESERVES

Retained

earnings

£

At 1 April 2024

(1,554

)

Profit for the year

35,951

Dividends

(33,900

)

At 31 March 2025

497