Registered number
06044575
Gigantic Tickets Limited
Filleted Accounts
31 December 2024
Gigantic Tickets Limited
Registered number: 06044575
Balance Sheet
as at 31 December 2024
Notes 2024 2023
£ £
Fixed assets
Tangible assets 6 21,776 31,871
Current assets
Debtors 7 278,739 326,385
Cash at bank and in hand 7,104,894 6,150,897
7,383,633 6,477,282
Creditors: amounts falling due within one year 8 (6,351,510) (5,717,551)
Net current assets 1,032,123 759,731
Total assets less current liabilities 1,053,899 791,602
Provisions for liabilities (3,835) (5,891)
Net assets 1,050,064 785,711
Capital and reserves
Called up share capital 80,002 80,002
Profit and loss account 970,062 705,709
Shareholder's funds 1,050,064 785,711
The accounts 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.
S J Carpenter
Director
Approved by the board on 1 May 2026
Gigantic Tickets Limited
Notes to the Accounts
for the year ended 31 December 2024
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.

Revenue from the sale of tickets is recognised when the significant risks and rewards of ownership have passed to the buyer, whether or not goods have been dispatched.

Other sales revenue in addition to ticket sales revenue is recognised when the significant risks and rewards of ownership have passed to the buyer, whether or not goods have been dispatched.

Interest income is recognised as interest accrues.
Intangible fixed assets
Intangible fixed assets are measured at cost less accumulative amortisation and any accumulative impairment losses.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Fixtures, equipment and IT over 3 years
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
Provisions
Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.
Foreign currency translation
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
Leased assets
A lease is classified as a finance lease if it transfers substantially all the risks and rewards incidental to ownership. All other leases are classified as operating leases. Operating lease payments are recognised as an expense on a straight line basis over the lease term. There are no finance leases.
Pensions
Contributions to defined contribution plans are expensed in the period to which they relate.
2 Audit information
The audit report is unqualified.
Senior statutory auditor: Gerhard Bonthuys (Senior Statutory Auditor)
Firm: Forvis Mazars LLP
Date of audit report: 1 May 2026
3 Directors' emoluments 2024 2023
£ £
Emoluments 340,349 226,698
340,349 226,698
Number of directors to whom retirement benefits accrued:
Defined contribution plans 3 2
4 Employees 2024 2023
Number Number
Average number of persons employed by the company 22 21
5 Intangible fixed assets £
Trademark:
Cost
At 1 January 2024 17,380
At 31 December 2024 17,380
Amortisation
At 1 January 2024 17,380
At 31 December 2024 17,380
Net book value
At 31 December 2024 -
Trademark was written off in equal annual instalments over its estimated economic life of 4 years.
6 Tangible fixed assets
Fixtures, equipment and IT
£
Cost
At 1 January 2024 160,285
Additions 13,430
At 31 December 2024 173,715
Depreciation
At 1 January 2024 128,414
Charge for the year 23,525
At 31 December 2024 151,939
Net book value
At 31 December 2024 21,776
At 31 December 2023 31,871
7 Debtors 2024 2023
£ £
Trade debtors 12,140 10,310
Amounts owed by group undertakings and undertakings in which the company has a participating interest - 81,162
Other debtors 80,015 80,015
Prepayments 186,584 154,898
278,739 326,385
8 Creditors: amounts falling due within one year 2024 2023
£ £
Trade creditors 5,675,963 4,979,851
Amounts owed to group undertakings and undertakings in which the company has a participating interest 2,737 56,760
Taxation and social security costs 444,348 558,386
Other creditors 54,776 46,357
Accruals 173,686 76,197
6,351,510 5,717,551
9 Deferred taxation 2024 2023
£ £
Accelerated capital allowances 3,835 5,891
At 1 January 2024 5,891 8,455
(Credited) / charged to the profit and loss account (2,056) (2,564)
At 31 December 2024 3,835 5,891
10 Share capital Nominal 2024 and 2023 2024 2023
value Number £ £
Ordinary shares £1 each 80,002 80,002 80,002
80,002 80,002
11 Other financial commitments 2024 2023
£ £
Total future minimum payments under non-cancellable operating leases
Within one year 50,000 50,000
Within two to five years 37,500 87,500
12 Related party transactions
Trade and other creditors within Note 8 include related party balances of £637,793 (2023: £1,689,126).
Other related parties
Amount due from (to) the related party (66,766) 24,402
13 Controlling party
The parent company is Gigantic Holdings Limited, a company registered in England and Wales, with a registered office of First Floor, Northburgh House, 10 Northburgh Street, London, England, EC1V 0AT.

The only group in which the results of the company are consolidated is that headed by DEAG Deutsche Entertainment AG, a company incorporated in Germany. These financial statements are available to the public and can be obtained from www.deag.de/ir.
14 Other information
Gigantic Tickets Limited is a private company limited by shares and incorporated in England. Its registered office is:
First Floor Northburgh House
10 Northburgh Street
London
EC1V 0AT
Its trading address is:
25-27 Castle Gate
Nottingham
NG1 7AR
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