Silver Rain Games Ltd

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 12352047

		31 December 2025		31 December 2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		739		1,103

			739		1,103
CURRENT ASSETS
Debtors	5	245,201		406,652
Cash at bank and in hand		3,804		1,319

		249,005		407,971
Creditors: Amounts Falling Due Within One Year	6	(943,477 )		(1,053,775 )

NET CURRENT ASSETS (LIABILITIES)			(694,472 )		(645,804 )

TOTAL ASSETS LESS CURRENT LIABILITIES			(693,733 )		(644,701 )

NET LIABILITIES			(693,733 )		(644,701 )

CAPITAL AND RESERVES
Called up share capital	7		1		1
Profit and Loss Account			(693,734 )		(644,702 )

SHAREHOLDERS' FUNDS			(693,733)		(644,701)

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Silver Rain Games Ltd

Balance Sheet (continued)

As At 31 December 2025

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

The member has 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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr Abubakar Salim

Director

12 May 2026

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Silver Rain Games Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 12352047 . The registered office is C/O Affect Group, Simpsons Fm, Pentlow, Suffolk, CO10 7JT.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Going Concern Disclosure

The company has net laibilities shown in the balance sheet but this is standard for a game company about to release a product which has been in development for a significant period. The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.

2.3. Turnover

Turnover is recognised at the fair value of the consideration received or receivable for products provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

Revenue from the sale of video game licences is recognised when the significant risks and rewards of ownership of the goods have passed to the buyer (usually on dispatch or download) , 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.

2.4. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Computer Equipment

33.3% Reducing balance

2.5. Foreign Currencies

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 rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.

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Silver Rain Games Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2025

2.6. Taxation

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other year and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

The company has claimed a Creative Industries tax credit to reduce the amount of tax payable which may result in an overall amount repayable to the company.

A deferred tax asset has not been recognised in relation to the losses available as the company cannot be certain that this asset will be used in the future.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 18 (2024: 19)

4. Tangible Assets

	Computer Equipment
	£
Cost
As at 1 January 2025	1,794

As at 31 December 2025	1,794

Depreciation
As at 1 January 2025	691
Provided during the period	364

As at 31 December 2025	1,055

Net Book Value
As at 31 December 2025	739

As at 1 January 2025	1,103

5. Debtors

	31 December 2025	31 December 2024
	£	£
Due within one year
Trade debtors	-	239,709
Prepayments and accrued income	909	2,388
Other debtors	-	1,999
Corporation tax recoverable assets	227,075	151,412
VAT	17,217	11,144

	245,201	406,652

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Silver Rain Games Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2025

6. Creditors: Amounts Falling Due Within One Year

	31 December 2025	31 December 2024
	£	£
Trade creditors	50,764	295,291
Other loans	-	155,999
Other taxes and social security	95,465	152,256
Net wages	58,257	-
Other creditors	5,000	-
Accruals and deferred income	4,550	62,150
Director's loan account	94,055	30,101
Amounts owed to group undertakings	635,386	357,978

	943,477	1,053,775

The amounts owed to directors and group undertakings will not be called-upon until the company has sufficient reserves to pay these amounts. The other loan is repayable from creative tax credits due to the company based on the spend incurred.

7. Share Capital

	31 December 2025	31 December 2024
	£	£
Allotted, Called up and fully paid	1	1

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