Company Registration No. 07301499 (England and Wales)
Inplayer Limited
Unaudited accounts
for the year ended 31 December 2024
Inplayer Limited
Unaudited accounts
Contents
Inplayer Limited
Company Information
for the year ended 31 December 2024
Director
Nicolas Joseph Jean Granatino
Company Number
07301499 (England and Wales)
Registered Office
100 Brompton Road
London
SW3 1ER
England
Accountants
The Accountancy Cloud
1 Fore Street Avenue
London
EC2Y 9DT
Inplayer Limited
Statement of financial position
as at 31 December 2024
Cash at bank and in hand
269,796
242,697
Creditors: amounts falling due within one year
(2,355,691)
(2,058,935)
Net current liabilities
(2,038,268)
(1,816,219)
Net liabilities
(2,034,135)
(1,811,884)
Called up share capital
1,122,004
1,122,004
Share premium
7,231,401
7,231,401
Capital contribution reserve
296,495
296,495
Profit and loss account
(10,684,035)
(10,461,784)
Shareholders' funds
(2,034,135)
(1,811,884)
For the year ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 23 December 2025 and were signed on its behalf by
Nicolas Joseph Jean Granatino
Director
Company Registration No. 07301499
Inplayer Limited
Notes to the Accounts
for the year ended 31 December 2024
Inplayer Limited is a private company, limited by shares, registered in England and Wales, registration number 07301499. The registered office is 100 Brompton Road, London, SW3 1ER, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the rendering of services is recognised in the period to which it relates.
Expenditure on research and development is written off in the year in which it is incurred.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Monetary 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 rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
Investments in shares are included at cost.
These accounts have been prepared on the going concern basis, on confirmation from the directors that the company is to receive further investment, enabling the company to carry on business for the foreseeable future.
Gain on Disposal of Intangibles
The gain on sale of intangible assets is in relation to the sale of assets to JW Player Ltd.
The convertible loan note holders are entitled, at their option, to receive either accrued interest or a liquidity preference on a qualifying event. The election will be determined at the point of settlement and, accordingly, the final accounting treatment will be determined ex post and reflected in the period in which it becomes known.
Inplayer Limited
Notes to the Accounts
for the year ended 31 December 2024
4
Investments
Subsidiary undertakings
Valuation at 1 January 2024
4,335
Valuation at 31 December 2024
4,133
Below are the changes in the investment of Inplayer Ltd during the year.
1. Inplayer Limited made an investment of EUR 5,000 [GBP 4,133 (£4,335; 2023)] in Inpleer Services Dooel Skopje.
Amounts falling due within one year
Trade debtors
54,050
6,442
Other debtors
(6,423)
(6,423)
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Creditors: amounts falling due within one year
2024
2023
Trade creditors
25,831
54,808
Taxes and social security
853
600
Other creditors
2,308,766
1,987,163
Loans from directors
600
-
Other creditors includes convertible loan notes of £2,300,163 (2023: £1,997,150) to various subscribers. They are interest-bearing at 5% and mature in 2025, at which point they will convert into shares.
Allotted, called up and fully paid:
48,860,220 Ordinary shares of £0.01 each
488,602.20
488,602.20
23,572,833 Series A of £0.01 each
235,728.33
235,728.33
39,767,280 Series A2 of £0.01 each
397,672.80
397,672.80
1,122,003.33
1,122,003.33
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Average number of employees
During the year the average number of employees was 0 (2023: 0).