Playjam Ltd Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 03364451

Playjam Ltd

Filleted Unaudited Financial Statements

30 September 2025

Playjam Ltd

Financial Statements

Year ended 30 September 2025

Contents	Page

Statement of financial position	1

Notes to the financial statements	3

Playjam Ltd

Statement of Financial Position

30 September 2025

	2025	2024
Note	£	£

Fixed assets

Intangible assets	5	2,241,720	2,988,960
Tangible assets	6	1,650	–
Investments	7	20,408	20,408
		------------	------------
		2,263,778	3,009,368

Current assets

Debtors	8	2,283,004	2,084,047
Cash at bank and in hand		253,972	21,475
		------------	------------
		2,536,976	2,105,522

Creditors: amounts falling due within one year	9	1,366,661	966,072
		------------	------------
Net current assets		1,170,315	1,139,450
		------------	------------
Total assets less current liabilities		3,434,093	4,148,818

Creditors: amounts falling due after more than one year	10	18,692,108	18,702,756
		-------------	-------------
Net liabilities		( 15,258,015)	( 14,553,938)
		-------------	-------------

Capital and reserves

Called up share capital	25,867	25,867
Share premium account	22,753,426	22,753,426
Other reserves	4,770,507	4,770,507
Profit and loss account	( 42,807,815)	( 42,103,738)
	-------------	-------------
Shareholders deficit	( 15,258,015)	( 14,553,938)
	-------------	-------------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

For the year ending 30 September 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

Playjam Ltd

Statement of Financial Position (continued)

30 September 2025

These financial statements were approved by the board of directors and authorised for issue on 25 June 2026 , and are signed on behalf of the board by:

Mr J D C Smith
Director

Company registration number: 03364451

Playjam Ltd

Notes to the Financial Statements

Year ended 30 September 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Aberdeen House, South Road, Haywards Heath, RH16 4NG, England.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Going concern

The directors will continue to support the company and believe that the company will generate a profit in future periods therefore the accounts have been prepared on a going concern basis.

Judgements and key sources of estimation uncertainty

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of discounts and of Value Added Tax.

Income tax

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively.

Foreign currencies

Foreign currency transactions are initially recorded in the functional currency, by applying the spot exchange rate as at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are translated at the exchange rate ruling at the reporting date, with any gains or losses being taken to the profit and loss account.

Intangible assets

Intangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated amortisation and impairment losses. Any intangible assets carried at revalued amounts, are recorded at the fair value at the date of revaluation, as determined by reference to an active market, less any subsequent accumulated amortisation and subsequent accumulated impairment losses. Intangible assets acquired as part of a business combination are only recognised separately from goodwill when they arise from contractual or other legal rights, are separable, the expected future economic benefits are probable and the cost or value can be measured reliably.

Amortisation

Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful life of that asset as follows:

	Patents, trademarks and licences	-	20% straight line

If there is an indication that there has been a significant change in amortisation rate, useful life or residual value of an intangible asset, the amortisation is revised prospectively to reflect the new estimates.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

	Computer equipment	-	33% straight line

Investments

Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses.

Impairment of fixed assets

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.

Financial instruments

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses. Loans and borrowings are initially recognised at the transaction price including transaction costs. Subsequently, they are measured at amortised cost using the effective interest rate method, less impairment. If an arrangement constitutes a finance transaction it is measured at present value.

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund. When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised as a finance cost in profit or loss in the period in which it arises.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 1 (2024: 1 ).

5. Intangible assets

	Patents, trademarks and licences
	£
Cost
At 1 October 2024 and 30 September 2025	3,738,075
	------------
Amortisation
At 1 October 2024	749,115
Charge for the year	747,240
	------------
At 30 September 2025	1,496,355
	------------
Carrying amount
At 30 September 2025	2,241,720
	------------
At 30 September 2024	2,988,960
	------------

6. Tangible assets

	Computer equipment
	£
Cost
At 1 October 2024	5,096
Additions	2,823
	-------
At 30 September 2025	7,919
	-------
Depreciation
At 1 October 2024	5,096
Charge for the year	1,173
	-------
At 30 September 2025	6,269
	-------
Carrying amount
At 30 September 2025	1,650
	-------
At 30 September 2024	–
	-------

7. Investments

	Other investments other than loans
	£
Cost
At 1 October 2024 and 30 September 2025	20,408
	--------
Impairment
At 1 October 2024 and 30 September 2025	–
	--------

Carrying amount
At 30 September 2025	20,408
	--------
At 30 September 2024	20,408
	--------

8. Debtors

	2025	2024
	£	£
Trade debtors	588,685	633,738
Amounts owed by group undertakings and undertakings in which the company has a participating interest	1,190,996	785,350
Other debtors	503,323	664,959
	------------	------------
	2,283,004	2,084,047
	------------	------------

9. Creditors: amounts falling due within one year

	2025	2024
	£	£
Trade creditors	411,691	269,368
Social security and other taxes	405,756	443,683
Other creditors	549,214	253,021
	------------	---------
	1,366,661	966,072
	------------	---------

Overdrafts and loans are secured by a way of a floating charge against the assets and undertakings of the company.

10. Creditors: amounts falling due after more than one year

	2025	2024
	£	£
Bank loans and overdrafts	7,306	17,954
Amounts owed to group undertakings and undertakings in which the company has a participating interest	18,684,802	18,684,802
	-------------	-------------
	18,692,108	18,702,756
	-------------	-------------

Overdrafts and loans are secured by a way of a floating charge against the assets and undertakings of the company.

11. Related party transactions

At the year end the company owed £48 to a director (2024: £44,744)

12. Controlling party

The ultimate controlling party is Playjam Holdings Ltd. The registered address of the ultimate parent company is Aberdeen House, South Road, Haywards Heath, England, RH16 4NG.