REGISTERED NUMBER: SC301113 (Scotland)

Unaudited Financial Statements

for the Year Ended 30 April 2025

for

Simpson Game Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Ms A M Simpson

Mr D C Simpson

REGISTERED OFFICE:

6 Market Square

Oldmeldrum

Aberdeenshire

AB51 0AA

REGISTERED NUMBER:

SC301113 (Scotland)

ACCOUNTANTS:

BW Accountancy Services Limited

25a Market Place

Inverurie

AB51 3PU

FIXED ASSETS

Tangible assets

4

606,791

610,555

CURRENT ASSETS

Stocks

45,995

40,000

Debtors

5

225,189

223,571

Cash at bank and in hand

8,036

13,092

279,220

276,663

CREDITORS

Amounts falling due within one year

6

394,545

493,066

NET CURRENT LIABILITIES

(115,325

)

(216,403

)

TOTAL ASSETS LESS CURRENT LIABILITIES

491,466

394,152

CREDITORS

Amounts falling due after more than one year

7

(169,450

)

(72,096

)

PROVISIONS FOR LIABILITIES

(48,466

)

-

NET ASSETS

273,550

322,056

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

273,548

322,054

273,550

322,056

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 29 May 2026 and were signed on its behalf by:

Ms A M Simpson - Director

Mr D C Simpson - Director

1.	STATUTORY INFORMATION

Simpson Game Limited is a private company, limited by shares , registered in Scotland. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Improvements to property

-

25% on reducing balance

Plant and machinery

-

25% on reducing balance

Fixtures and fittings

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 20 (2024 - 20 ) .

4.	TANGIBLE FIXED ASSETS

Improvements

Freehold

to

Plant and

property

property

machinery

£

£

£

COST

At 1 May 2024

327,698

15,425

334,897

Additions

-

-

3,000

Disposals

-

-

(51,876

)

At 30 April 2025

327,698

15,425

286,021

DEPRECIATION

At 1 May 2024

-

3,856

273,459

Charge for year

-

2,893

15,624

Eliminated on disposal

-

-

(49,934

)

At 30 April 2025

-

6,749

239,149

NET BOOK VALUE

At 30 April 2025

327,698

8,676

46,872

At 30 April 2024

327,698

11,569

61,438

Fixtures

and

Motor

Computer

fittings

vehicles

equipment

Totals

£

£

£

£

COST

At 1 May 2024

26,536

578,811

10,203

1,293,570

Additions

-

122,953

-

125,953

Disposals

(1,027

)

(251,385

)

(2,941

)

(307,229

)

At 30 April 2025

25,509

450,379

7,262

1,112,294

DEPRECIATION

At 1 May 2024

26,073

373,436

6,191

683,015

Charge for year

101

73,443

973

93,034

Eliminated on disposal

(966

)

(216,827

)

(2,819

)

(270,546

)

At 30 April 2025

25,208

230,052

4,345

505,503

NET BOOK VALUE

At 30 April 2025

301

220,327

2,917

606,791

At 30 April 2024

463

205,375

4,012

610,555

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.25

30.4.24

£

£

Trade debtors

181,499

149,272

Other debtors

43,690

74,299

225,189

223,571

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.25

30.4.24

£

£

Bank loans and overdrafts

135,038

51,522

Hire purchase contracts

77,310

165,935

Trade creditors

77,685

67,545

Taxation and social security

27,153

36,112

Other creditors

77,359

171,952

394,545

493,066

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30.4.25

30.4.24

£

£

Bank loans

51,975

72,096

Hire purchase contracts

117,475

-

169,450

72,096

8.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Mr D Simpson & Mrs A Simpson, who each own 50% of the share capital.