Gengame Ltd - Filleted accounts

Registered number

08680450

Gengame Ltd

Filleted Accounts

31 December 2024

Gengame Ltd
Registered number:		08680450
Balance Sheet
as at 31 December 2024

Notes			2024			2023
£				£
Fixed assets
Tangible assets	4		10,301			13,962

Current assets
Debtors	5	111,485			283,692
Cash at bank and in hand		8,569			8,416
		120,054			292,108

Creditors: amounts falling due within one year	6	(1,487,518)			(1,222,517)

Net current liabilities			(1,367,464)			(930,409)

Net liabilities			(1,357,163)			(916,447)

Capital and reserves
Called up share capital			2,130			2,130
Share premium			49,787			49,787
Profit and loss account			(1,409,080)			(968,364)

Shareholders' funds			(1,357,163)			(916,447)

These financial statements have been prepared and delivered 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.

The financial statements were approved by the board of directors and authorised for issue, and are signed on its behalf by:



Carmen Carey
Director
Approved by the board on 15 January 2026

Gengame Ltd
Notes to the Accounts
for the year ended 31 December 2024


1	Accounting policies

	Company information
	Gengame Ltd is a private company limited by shares incorporated in England and Wales. The registered office is 1st Floor, Central House, Otley Road, Beckwith Knowle, Harrogate, HG3 1UF.

	Statement of compliance and basis of preparation
	These financial statements have been prepared in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland and the requirement of the Companies Act 2006 as applicable to companies subject to the small companies regime. the disclosure requirements of section 1A of FRS 102 have been applied other than where the additional disclosure is required to show a true and fair view. The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £. The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

	Going concern
	The directors, having regard to the nature, size and complexity of the business, have assessed the financial risks affecting the company and it's operations for the next 12 months from the approval of the financial statements.

	The company is insolvent and is reliant on the ongoing support of its parent, its main creditor. On this basis the directors consider it appropriate to prepare the financial statements on a going concern basis.

	Turnover
	Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of the consideration takes into account trade discounts, settlement discounts and volume rebates. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have been passed to the buyer (usually on dispatch of the goods), the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the entity and the costs incurred or to be incurred in respect of the transaction can be measured reliably.

	Tangible fixed assets
	Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses. Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following basis:

	Plant and equipment		25% straight line
	Fixtures and fittings		25% straight line

	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, as is credited or charged to the profit or loss.

	Cash and cash equivalents
	Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

	Financial instruments
	The company has elected to apply the provisions of Section 11 'Basic Financial Instruments' and Section 12 'Other Financial Instruments Issues' of FRS 102 to all of its financial instruments.
	Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provision of the instrument.
	Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when ther is a legally enforceable right to set off the recognised amounts and there is an intention to settlke on a net basis or to realise the asset and settle the liability simultaneously.

	Basic financial assets
	Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interset methid unless the arrangement constituted a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

	Classification of financial liabilities
	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.

	Basic financial liabilities
	Basic financial liabilities, including creditors, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.
	Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.
	Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.

	Judgements and key sources of estimation uncertainty
	In the application of the company's accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates. The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

2	Audit information

	The audit report is unqualified.

	Senior statutory auditor:	Gerald Henderson FCA FCCA
	Firm:	Counting North
	Date of audit report:	15 January 2026


3	Employees			2024		2023
Number					Number

	Average number of persons employed by the company			19		20


4	Tangible fixed assets
						Plant and machinery etc
£
	Cost
	At 1 January 2024					27,231
	Additions					2,092
	At 31 December 2024					29,323

	Depreciation
	At 1 January 2024					13,269
	Charge for the year					5,753
	At 31 December 2024					19,022

	Net book value
	At 31 December 2024					10,301
	At 31 December 2023					13,962


5	Debtors			2024		2023
£					£

	Trade debtors			77,206		103,662
	Other debtors			34,279		180,030
				111,485		283,692


6	Creditors: amounts falling due within one year			2024		2023
£					£

	Trade creditors			27,603		110,196
	Amounts owed to group undertakings and undertakings in which the company has a participating interest			1,287,048		886,178
	Taxation and social security costs			65,532		26,753
	Other creditors			107,335		199,390
				1,487,518		1,222,517


7	Controlling party

	The company's immediate parent is Chameleon Technology (UK) Limited, a company registered in England.
	The company's ultimate parent is Chameleon Technology Holdings Limited, a company registered in England.

8	Other information

	Gengame Ltd is a private company limited by shares and incorporated in England. Its registered office is:

	1st Floor, Central House
	Otley Road, Beckwith Knowle
	Harrogate
	HG3 1UF