Parwaz Game Studios Ltd

	Page
Strategic Report	1
Director's Report	2
Independent Auditor's Report	3—4
Profit and Loss Account	5
Statement of Comprehensive Income	6
Balance Sheet	7
Statement of Changes in Equity	8
Statement of Cash Flows	9
Notes to the Statement of Cash Flows	10
Notes to the Financial Statements	11—16

The director presents his strategic report for the period ended 31 August 2025.

Principal Activity

The company's principal activity continues to be that of game and software development.

Review of the Business

This period represents the Company’s first accounting period following incorporation of the previously established sole trade business. The Company has continued to operate successfully following the transition, with no disruption to its core operations.

Turnover for the period was £29,450,163, with profit before taxation of £28,848,984 and cash balances of £28,985,023 at the period end. Performance reflects the strong monetisation of the Company’s game portfolio on the Roblox platform and the efficient cost structure of the business.

The Company generates substantially all of its revenue through games hosted on the Roblox platform, with income realised through the Developer Exchange programme. The Director is satisfied that the Company’s existing games continue to perform strongly and that the underlying business model remains highly cash generative.

Principal Risks and Uncertainties

The Company’s operations are subject to a number of risks and uncertainties, the most significant of which are set out below.

The Company is substantially dependent on the Roblox platform for the generation and realisation of its revenue. Changes to Roblox’s policies, algorithms, monetisation mechanics or Developer Exchange requirements could adversely affect the Company’s ability to generate or realise income.

The Company is also dependent on the continued involvement of the director, who is responsible for the development and operation of the Company’s games.

The Director monitors these risks on an ongoing basis and considers that the Company’s strong cash position and low cost base provide a degree of resilience against potential adverse changes.

Future Outlook

The Director intends to continue developing and expanding the Company’s portfolio of games on the Roblox platform.

The Company is expected to remain profitable and cash generative, although future performance will depend on continued engagement levels on the Roblox platform and the successful development of new content.

On behalf of the board

Mr M A Parwaz

Director

20 May 2026

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Parwaz Game Studios Ltd

Company No. 15915489

Director's Report For the Period 23 August 2024 to 31 August 2025

Director's Report

The director presents his report and the financial statements for the period ended 31 August 2025.

Directors

The director who held office during the period were as follows:

Mr M A Parwaz

Appointed

23/08/2024

Statement of Director's Responsibilities

The director is responsible for preparing the Strategic Report, the Director's Report and the financial statements in accordance with applicable law and regulations.

Company law requires the director to prepare financial statements for each financial year. Under that law the director has elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards, comprising FRS102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', and applicable law). Under company law the director must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. In preparing the financial statements the director is required to:

select suitable accounting policies and then apply them consistently;
make judgments and accounting estimates that are reasonable and prudent;
state whether applicable United Kingdom Accounting Standards, comprising FRS102, have been followed subject to any material departures disclosed and explained in the financial statements;
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.

The director is responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. He is also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

The director is responsible for the maintenance and integrity of the corporate and financial information included on the company's website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.

Statement of Disclosure of Information to Auditors

In the case of each director in office at the date the Director's Report is approved:

so far as the director is aware, there is no relevant audit information of which the company's auditors are unaware; and
they have taken all the steps that they ought to have taken as directors in order to make themselves aware of any relevant audit information and to establish that the company's auditors are aware of that information.

Independent Auditors

The auditors, Byrd Link Audit and Accountancy Services Limited, have indicated their willingness to continue in office and a resolution concerning their re-appointment will be proposed at the Annual General Meeting.

On behalf of the board

Mr M A Parwaz

Director

20 May 2026

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Independent Auditor's Report

to the Members of

Parwaz Game Studios Ltd

Independent Auditor's Report

Opinion

We have audited the financial statements of Parwaz Game Studios Ltd for the period ended 31 August 2025 which comprise the Profit and Loss Account, Statement of Comprehensive Income, Balance Sheet, Statement of Changes of Equity, Cash Flow Statement and the related notes, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), including FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland".

In our opinion the financial statements:

give a true and fair view of the state of the company's affairs as at 31 August 2025 and of its profit for the period then ended;
have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and
have been prepared in accordance with the requirements of the Companies Act 2006.

Basis for Opinion

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditor's responsibilities for the audit of the financial statements section of our report. We are independent of the company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC's Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions Relating to Going Concern

In auditing the financial statements, we have concluded that the director's use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the entity's ability to continue as a going concern for a period of at least 12 months from when the financial statements are authorised for issue.

Our responsibilities and the responsibilities of the directors with respect to going concern are described in the relevant sections of this report.

Other Information

The other information comprises the information included in the annual report, other than the financial statements and our auditor's report thereon. The director is responsible for the other information contained within the annual report. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon. In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact.

We have nothing to report in this regard.

Opinions on Other Matters Prescribed by the Companies Act 2006

In our opinion, based on the work undertaken in the course of the audit:

the information given in the Strategic Report and Director's Report for the financial period for which the financial statements are prepared is consistent with the financial statements; and
the Strategic Report and Director's Report have been prepared in accordance with applicable legal requirements.

Matters on Which We Are Required to Report by Exception

In the light of the knowledge and understanding of the company and its environment obtained in the course of the audit, we have not identified material misstatements in the Strategic Report or the Director's Report.

We have nothing to report in respect of the following matters in relation to which the Companies Act 2006 requires us to report to you if, in our opinion:

adequate accounting records have not been kept, or returns adequate for our audit have not been received from branches not visited by us; or
the financial statements are not in agreement with the accounting records or returns; or
certain disclosures of director's remuneration specified by law are not made; or
we have not received all the information and explanations we require for our audit.
the directors were not entitled to prepare the financial statements in accordance with the small companies regime and take advantage of the small companies' exemptions in preparing the Directors' Report and from the requirement to prepare a Strategic Report.

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Independent Auditor's Report (continued)

to the Members of

Parwaz Game Studios Ltd

Responsibilities of Directors

As explained more fully in the Director's Responsibilities Statement set out on page 2, the director is responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the director determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.

In preparing the financial statements, the director is responsible for assessing the company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the directors either intend to liquidate the company or to cease operations, or have no realistic alternative but to do so.

Auditor's Responsibilities for the Audit of the Financial Statements

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor's report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:

Based on our understanding of the company and its financial operations we have considered the initial risks of non-compliance with the UK regulators, predominantly HM Revenue and Customs and the Companies Act. We have assessed the impact of any breaches in such laws and regulations, based on the results of audit testing and enquiries made with management, and considered whether any such findings would have a material impact on these financial statements. We have considered the risk of those charged with management overriding internal controls and the opportunity for financial manipulation. We have considered the effect of any accounting estimates included within these accounts and the effect this may have on our audit opinion.

Our audit procedures together with our assessment of risks identified at planning were transparent to the company and we have communicated with the client throughout the audit as well as the audit engagement team, and this includes such matters as fraud and irregularity. The above procedures do however have their limitations as we can only work on a sample of financial transactions. Ultimately it is the responsibility of those charged with management for the prevention and detection of fraud and other irregularities.

Because of the inherent limitations of an audit, there is a risk that we will not detect all irregularities, including those leading to a material misstatement in the financial statements or non-compliance with regulation. This risk increases the more that compliance with a law or regulation is removed from the events and transactions reflected in the financial statements, as we will be less likely to become aware of instances of non-compliance. The risk is also greater regarding irregularities occurring due to fraud rather than error, as fraud involves intentional concealment, forgery, collusion, omission or misrepresentation.A further description of our responsibilities is available on the FRC’s website at: https://www.frc.org.uk/auditors/audit-assurance/auditor-s-responsibilities-for-the-audit-of-the-fi/description-of-the-auditor%E2%80%99s-responsibilities-for. This description forms part of our auditor’s report.

We communicate with those charged with governance regarding, among other matters, the planned scope and timing of the audit and significant audit findings, including any significant deficiencies in internal control that we identify during our audit.

Use Of Our Report

This report is made solely to the company's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the company's members those matters that we are required to state to them in an auditor's report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and the company's members as a body, for our audit work, for this report, or for the opinions we have formed.

Russel Byrd (FCA) (Senior Statutory Auditor)

for and on behalf of Byrd Link Audit and Accountancy Services Limited , Statutory Auditor

20 May 2026

Byrd Link Audit and Accountancy Services Limited

Honeybourne Place

Jessop Ave

Cheltenham

GL50 3SH

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Parwaz Game Studios Ltd

Profit and Loss Account

For the Period 23 August 2024 to 31 August 2025

Profit and Loss Account

		31 August 2025
	Notes	£
TURNOVER	3	29,450,163
Cost of sales		(20,711 )

GROSS PROFIT		29,429,452

Administrative expenses		(595,678 )

OPERATING PROFIT	4	28,833,774
Other interest receivable and similar income	7	15,210

PROFIT BEFORE TAXATION		28,848,984
Tax on Profit	8	(7,210,733 )

PROFIT AFTER TAXATION BEING PROFIT FOR THE FINANCIAL PERIOD		21,638,251

The notes on pages 10 to 16 form part of these financial statements.

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Parwaz Game Studios Ltd

Statement of Comprehensive Income

For the Period 23 August 2024 to 31 August 2025

Statement of Comprehensive Income

		31 August 2025
		£
PROFIT FOR THE FINANCIAL PERIOD		21,638,251
OTHER COMPREHENSIVE INCOME FOR THE PERIOD		-

TOTAL COMPREHENSIVE INCOME FOR THE PERIOD		21,638,251

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Parwaz Game Studios Ltd

Balance Sheet

As At 31 August 2025

Balance Sheet

Registered number: 15915489

		31 August 2025
	Notes	£	£
FIXED ASSETS
Tangible Assets	9		7,174

			7,174
CURRENT ASSETS
Debtors	10	46,060
Cash at bank and in hand		28,985,023

		29,031,083
Creditors: Amounts Falling Due Within One Year	11	(7,500,406 )

NET CURRENT ASSETS (LIABILITIES)			21,530,677

TOTAL ASSETS LESS CURRENT LIABILITIES			21,537,851

NET ASSETS			21,537,851

CAPITAL AND RESERVES
Called up share capital	12		100
Profit and Loss Account			21,537,751

SHAREHOLDERS' FUNDS			21,537,851

The financial statements were approved by the board of directors on 20 May 2026 and were signed on its behalf by:

Mr M A Parwaz

Director

The notes on pages 10 to 16 form part of these financial statements.

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Parwaz Game Studios Ltd

Statement of Changes in Equity

For the Period 23 August 2024 to 31 August 2025

Statement of Changes in Equity

	Share Capital	Profit and Loss Account	Total
	£	£	£
As at 23 August 2024	-	-	-
Profit for the period and total comprehensive income	-	21,638,251	21,638,251

Dividends paid	-	(100,500)	(100,500)
Arising on shares issued during the period	100	-	100

As at 31 August 2025	100	21,537,751	21,537,851

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Parwaz Game Studios Ltd

Statement of Cash Flows

For the Period 23 August 2024 to 31 August 2025

Statement of Cash Flows

		31 August 2025
	Notes	£
Cash flows from operating activities
Net cash generated from operations	1	28,803,906

Net cash generated from operating activities		28,803,906

Cash flows from investing activities
Purchase of tangible assets		(8,383 )
Interest received		15,210

Net cash generated from investing activities		6,827

Cash flows from financing activities
Proceeds from issue of share capital		100
Equity dividends paid		(100,500 )
Amount introduced by directors		274,690

Net cash generated from financing activities		174,290



Increase in cash and cash equivalents		28,985,023
Cash and cash equivalents at beginning of period	2	-

Cash and cash equivalents at end of period	2	28,985,023

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Parwaz Game Studios Ltd

Notes to the Statement of Cash Flows

For the Period 23 August 2024 to 31 August 2025

Notes to the Statement of Cash Flows

1. Reconciliation of profit for the financial period to cash generated from operations

	31 August 2025
	£
Profit for the financial period	21,638,251
Adjustments for:
Tax on profit	7,210,733
Interest income	(15,210 )
Depreciation of tangible assets	1,209
Movements in working capital:
Increase in trade and other debtors	(46,060 )
Increase in trade and other creditors	14,983

Net cash generated from operations	28,803,906

2. Cash and cash equivalents

Cash and cash equivalents, as stated in the Statement of Cash Flows, relates to the following items in the Balance Sheet:

	31 August 2025
	£
Cash at bank and in hand	28,985,023

3. Analysis of changes in net funds

	As at 23 August 2024	Cash flows	As at 31 August 2025
	£	£	£
Cash at bank and in hand	-	28,985,023	28,985,023

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Parwaz Game Studios Ltd

Notes to the Financial Statements

For the Period 23 August 2024 to 31 August 2025

Notes to the Financial Statements

1. General Information

Parwaz Game Studios Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 15915489 . The registered office is 85 Great Portland Street, First Floor, London, W1W 7LT.

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 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Going Concern Disclosure

The financial statements have been prepared on a going concern basis. In forming this view, the directors have considered all available information about the future, covering at least 12 months from the date of approval of these financial statements, and have not identified any material uncertainties that may cast significant doubt on the company's ability to continue as a going concern.

The directors have considered the Company’s reliance on the Roblox platform, including continued access to the Developer Exchange programme, in forming their going concern assessment.

2.3. Significant judgements and estimations

Revenue recognition

A key area of judgement is determining when revenue generated through the Roblox platform is recognised.

Although Robux is earned continuously from player activity, management has concluded that Robux does not meet the definition of an asset or revenue prior to conversion because the Company does not have an enforceable right to cash until a DevEx withdrawal is approved, Robux is not legal tender and may not be converted into cash, and conversion is subject to the discretion and compliance requirements of Roblox.

Accordingly, revenue is recognised only on approved DevEx payout. This judgement impacts the timing of revenue recognition, particularly in relation to cutoff and completeness.

Director intellectual property

The Company utilises intellectual property owned by the director in the development and operation of its games. No royalty has been charged in the period.

Management has applied judgement in concluding that no liability should be recognised, as there is no contractual or constructive obligation to make payment. This judgement may change if a formal royalty arrangement is introduced in future periods.

2.4. Turnover

Turnover represents amounts derived from the Company’s operation of online games and related activities.

The Company generates substantially all of its revenue through player transactions within games hosted on the Roblox platform, which are initially settled in “Robux”, a virtual currency specific to the platform. Robux may be accumulated and subsequently exchanged for fiat currency through the Roblox Developer Exchange (“DevEx”) programme, subject to Roblox’s approval processes and terms.

Turnover is recognised in accordance with FRS 102 Section 23 when it is probable that economic benefits will flow to the Company and the amount of revenue can be measured reliably.

Revenue generated via the Roblox platform is recognised only upon the approved conversion of Robux into fiat currency via the DevEx programme. This is the point at which an enforceable right to cash arises, the amount is determinable, and economic benefits are realised through settlement.

Robux earned but not yet converted at the reporting date are not recognised as revenue or as a receivable, as they do not represent legal tender, have no intrinsic cash value and remain subject to approval and discretion by Roblox prior to conversion.

The Company also earns immaterial amounts of revenue from other sources, including brand partnerships, platform monetisation (e.g. YouTube) and sale of merchandise. Such income is recognised when the relevant performance obligations are satisfied and amounts are receivable.

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Parwaz Game Studios Ltd

Notes to the Financial Statements (continued)

For the Period 23 August 2024 to 31 August 2025

2.5. 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:

Fixtures & Fittings	4 years on a straight line basis
Computer Equipment	3 years on a straight line basis

The assets’ residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Repairs and maintenance costs are charged to profit or loss during the period in which they are incurred.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

At each reporting date the company assesses whether there is any indication of impairment. If such indication exists, the recoverable amount of the asset is determined, which is the higher of its fair value less costs to sell and its value in use. Any impairment loss is recognised immediately as an expense within the profit or loss.

2.6. Cash and Cash Equivalents

Cash and cash equivalents are basic financial assets and include cash in hand and deposits held at call with banks, other short-term highly liquid investments that mature in no more than three months from the date of acquisition and are readily convertible to a known amount of cash with insignificant risk of change in value, and bank overdrafts.

2.7. Financial Instruments

Trade and other debtors / creditors

Trade and other debtors are recognised initially at transaction prices less attributable transaction costs. Trade and other creditors are recognised initially at transaction price plus attributable transaction costs. Subsequent to initial recognition they are measured at amortised cost using the effective interest method, less any impairment losses in the case of trade debtors. If the arrangement constitutes a financing transaction, for example if payment is deferred beyond normal business terms, then it is measured at the present value of future payments discounted at a market rate of interest for a similar debt instrument.

Impairment of financial assets

Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found an impairment loss is recognised within profit or loss.

For financial assets that are measured at amortised cost, the impairment loss is measured as the difference between the asset’s carrying amount and the present value of estimated cash flows discounted at the asset’s original effective interest rate.

For financial assets measured at cost less impairment, the impairment loss is measured as the difference between the asset’s carrying amount and the best estimate of the amount that the company would receive for the asset if it were to be sold at the balance sheet date.

Financial instruments and financial risk management

The company’s financial instruments comprise cash at bank, trade and other debtors and trade and other creditors arising directly from its operations. The company is exposed to the following financial risks:

Credit risk – This primarily arises from amounts receivable from Roblox Corporation following approved Developer Exchange (DevEx) transactions. The Company also has limited exposure to credit risk from other counterparties in respect of brand partnerships and platform income.

Liquidity risk – The company monitors cash flow forecasts closely. The company is funded by retained profits and a loan from the director which is repayable on demand.

Foreign currency risk - The company is exposed to foreign currency risk in respect of transactions denominated in currencies other than it's functional currency (GBP). Such transactions are monitored by management and exchange differences are recognised in profit or loss as they arise. The company does not currently use forward contracts or other derivative instruments to manage this risk.

Interest risk - The company holds cash balances which earn interest at variable rates. Changes in market interest rates may impact the level of interest income received on these balances. The director monitosr cash balances and interest rates periodically and consider the company’s exposure to interest rate risk to be manageable.

The Company considers these risks to be low due to the nature of the counterparties and settlement terms.

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Parwaz Game Studios Ltd

Notes to the Financial Statements (continued)

For the Period 23 August 2024 to 31 August 2025

2.8. 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.

Revenue generated via the Roblox platform is denominated in USD and is translated into GBP at the exchange rate prevailing at the date of receipt.

As Robux balances are not recognised as monetary assets prior to conversion, the Company is not exposed to foreign currency risk in respect of Robux held within the platform.

2.9. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

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 years 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.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.

Current and deferred tax are recognised in profit or loss for the period, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.

3. Turnover

Analysis of turnover by class of business is as follows:

	31 August 2025
	£
Brand partnerships	107,577
Merchandise sales	12,661
Platform monetisation and streaming income	2,183
Roblox platform - Developer Exchange (DevEx) programme	29,327,742

	29,450,163

Analysis of turnover by geographical market is as follows:

United States (via Roblox platform): £29,327,742

United States (brand partners): £107,577

Other (including physical merchandise and streaming): £14,844

Revenue concentration

The Company is substantially dependent on the Roblox platform for the generation and realisation of its revenue. Approximately 99% of turnover is derived from Roblox Corporation’s infrastructure and is subject to its terms of service, policies and Developer Exchange (DevEx) programme.

Changes in Roblox’s policies, monetisation structure, or DevEx eligibility requirements could have a material impact on the Company’s future revenues and cash flows.

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Parwaz Game Studios Ltd

Notes to the Financial Statements (continued)

For the Period 23 August 2024 to 31 August 2025

4. Operating Profit

The operating profit is stated after charging:

	31 August 2025
	£
Depreciation of tangible fixed assets	1,209

5. Auditor's Remuneration

Remuneration received by the company's auditors and their associates during the period was as follows:

	31 August 2025
	£
Audit Services
Audit of the company's financial statements	17,000

6. Average Number of Employees

Average number of employees, including directors, during the period was: 1

7. Interest Receivable and Similar Income

	31 August 2025
	£
Bank interest receivable	15,210

8. Tax on Profit

The tax charge on the profit for the period was as follows:

	Tax Rate	31 August 2025
	31 August 2025	£
Current tax
UK Corporation Tax	25.0%	7,210,733


Total tax charge for the period		7,210,733

The actual charge for the period can be reconciled to the expected charge for the period based on the profit and the standard rate of corporation tax as follows:

		31 August 2025
		£
Profit before tax		28,848,984

Tax on profit at 25% (UK standard rate)		7,212,246
Goodwill/depreciation not allowed for tax		302
Expenses not deductible for tax purposes		280
Capital allowances		(2,095 )

Total tax charge for the period		7,210,733

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Parwaz Game Studios Ltd

Notes to the Financial Statements (continued)

For the Period 23 August 2024 to 31 August 2025

9. Tangible Assets

	Fixtures & Fittings	Computer Equipment	Total
	£	£	£
Cost
As at 23 August 2024	-	-	-
Additions	1,052	7,331	8,383

As at 31 August 2025	1,052	7,331	8,383

Depreciation
As at 23 August 2024	-	-	-
Provided during the period	-	1,209	1,209

As at 31 August 2025	-	1,209	1,209

Net Book Value
As at 31 August 2025	1,052	6,122	7,174

As at 23 August 2024	-	-	-

10. Debtors

	31 August 2025
	£
Due within one year
Trade debtors	42,210
Prepayments and accrued income	1,187
Other debtors	2,663

	46,060

11. Creditors: Amounts Falling Due Within One Year

	31 August 2025
	£
Trade creditors	510
Corporation tax	7,210,733
Other creditors	289,163

	7,500,406

12. Share Capital

	31 August 2025
Allotted, called up and fully paid	£
100 Ordinary Shares of £ 1.00 each	100


Shares issued during the period:	£
100 Ordinary Shares of £ 1.00 each	100

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Parwaz Game Studios Ltd

Notes to the Financial Statements (continued)

For the Period 23 August 2024 to 31 August 2025

13. Dividends

	31 August 2025
	£
On equity shares:
Final dividend paid	100,500

14. Related Party Disclosures

During the period, the Company utilised intellectual property owned by the director, Mr M A Parwaz, in the development and operation of its games.

No royalty or charge was made by the director for the use of this intellectual property.

In the opinion of the director, this arrangement is on terms equivalent to those which would prevail in an arm’s length transaction.

15. Controlling Parties

The company's ultimate controlling party is M A Parwaz by virtue of their interest in the share capital of the company.

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