Discover And Play Ltd Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 09843655

Discover And Play Ltd

Unaudited financial statements

31 October 2025

Discover And Play Ltd

Statement of financial position

31 October 2025

	2025		2024
Note	£	£	£	£

Fixed assets

Tangible assets	5		364,472		377,847

Current assets

Debtors	6	758	438
Cash at bank and in hand		302	367
		------	----
		1,060	805

Creditors: Amounts falling due within one year	7	( 605,853)		( 588,639)
		---------		---------
Net current liabilities			( 604,793)		( 587,834)
			---------		---------
Total assets less current liabilities			( 240,321)		( 209,987)

Creditors: Amounts falling due after more than one year	8		–		( 4,088)

Accruals and deferred income	( 1,675)	( 3,300)
	---------	---------
Net liabilities	( 241,996)	( 217,375)
	---------	---------

Capital and reserves

Called up share capital	9	2	2
Profit and loss account		( 241,998)	( 217,377)
		---------	---------
Shareholders deficit		( 241,996)	( 217,375)
		---------	---------

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

Directors' 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

Discover And Play Ltd

Statement of financial position (continued)

31 October 2025

These financial statements were approved by the board of directors and authorised for issue on 9 July 2026 , and are signed on behalf of the board by:

H L Lees

Director

Company registration number: 09843655

Discover And Play Ltd

Notes to the financial statements

Year ended 31 October 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 Falconhurst, Droitwich Road, Kiddermister, Worcestershire, DY10 4HU, United Kingdom. The trading address is The Chainmaker, 130 Colley Lane, Colley Gate, Halesowen, B63 2BX.

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

At 31 October 2025 the company's liabilities exceeded its assets. Furthermore, post year end the company made a decision to sell the trading property and cease operations. Therefore, the company is not a going concern and the accounts are prepared on a basis other the going concern. No adjustments are considered necessary at 31 October 2025, as the business continued to use the non-current assets in the trade post year end, and the property was subsequently sold in excess of carrying value. It is is therefore considered that the current classification shows a true and fair view at the year end date.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and 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:

Freehold property	-	2% straight line
Motor vehicles	-	25% reducing balance

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 employees during the year was 2 (2024: 2 ).

5. Tangible assets

	Freehold property	Motor vehicles	Total
	£	£	£
Cost
At 1 November 2024	438,678	12,773	451,451
Disposals	–	( 12,773)	( 12,773)
	---------	-------	---------
At 31 October 2025	438,678	–	438,678
	---------	-------	---------
Depreciation
At 1 November 2024	65,433	8,171	73,604
Charge for the year	8,773	–	8,773
Disposals	–	( 8,171)	( 8,171)
	---------	-------	---------
At 31 October 2025	74,206	–	74,206
	---------	-------	---------
Carrying amount
At 31 October 2025	364,472	–	364,472
	---------	-------	---------
At 31 October 2024	373,245	4,602	377,847
	---------	-------	---------

6. Debtors

	2025	2024
	£	£
Other debtors	758	438
	----	----

7. Creditors: Amounts falling due within one year

	2025	2024
	£	£
Bank loans	7,456	5,264
Trade creditors	6,056	4,964
Social security and other taxes	763	–
Other creditors	591,578	578,411
	---------	---------
	605,853	588,639
	---------	---------

8. Creditors: Amounts falling due after more than one year

	2025	2024
	£	£
Bank loans	–	4,088
	----	------

9. Called up share capital

Issued, called up and fully paid

	2025		2024
	No.	£	No.	£
Ordinary shares of £ 1 each	2	2	2	2
	----	----	----	----