REGISTERED NUMBER: 09911142 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2025

for

CHARISMA ENTERTAINMENT LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

G B J Gadney

A Gadney

REGISTERED OFFICE:

Preston Park House

South Road

Brighton

East Sussex

BN1 6SB

REGISTERED NUMBER:

09911142 (England and Wales)

ACCOUNTANTS:

Plus Accounting

Chartered Accountants

Preston Park House

South Road

Brighton

East Sussex

BN1 6SB

FIXED ASSETS

Intangible assets

4

9,834

13,253

Tangible assets

5

4,519

4,858

14,353

18,111

CURRENT ASSETS

Debtors

6

307,182

269,713

Cash at bank

959,357

1,165,581

1,266,539

1,435,294

CREDITORS

Amounts falling due within one year

7

(17,569

)

(10,095

)

NET CURRENT ASSETS

1,248,970

1,425,199

TOTAL ASSETS LESS CURRENT LIABILITIES

1,263,323

1,443,310

CAPITAL AND RESERVES

Called up share capital

8

284

284

Share premium

499,701

499,701

Capital redemption reserve

50

50

Retained earnings

763,288

943,275

SHAREHOLDERS' FUNDS

1,263,323

1,443,310

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 5 June 2026 and were signed on its behalf by:

A Gadney - Director

1.	STATUTORY INFORMATION

Charisma Entertainment Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).

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 represents the fair value of consideration received or receivable net of VAT and trade discounts.

Revenue from ready-made interactive leisure and entertainment software development are recognised at the point of sale and based on accruals basis.

Intangible assets

Game development costs are initially recognised at cost. After recognition, under the cost model, game development costs are measured cost less accumulated amortisation and any accumulated impairment losses. Amortisation commences when the game is available for use.

Game development costs are considered to have a finite useful life, and are being amortised evenly over their estimated useful life of three years.

Patents and licences are initially measured at cost. After initial recognition, patents and licences are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Patent and licences are being amortised evenly over their estimated useful life of five years.

Tangible fixed assets

Tangible fixed assets are stated at cost (or deemed cost) or valuation less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended by management.

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

Computer equipment - 33% on cost

Financial instruments

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

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.

Impairment

At each balance sheet date, the company reviews the carrying amount of its assets to determine whether there is any indication that any items have suffered an impairment loss. If any such indication exists, the recoverable amount of an asset is estimated in order to determine the extent of the impairment loss, if any. Where it is not possible to estimate the recoverable amount of an asset, the Company estimates the recoverable amount of the cash-generating unit to which the asset belongs.

Going concern

The directors have a reasonable expectation that the company has adequate resources to continue in existence for the foreseeable future. The company therefore continues to adopt the going concern basis in preparing its financial statements.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 7 (2024 - 7 ) .

4.	INTANGIBLE FIXED ASSETS

Patents and

Development

Computer

licences

costs

software

Totals

£

£

£

£

COST

At 1 January 2025

and 31 December 2025

5,973

181,250

11,859

199,082

AMORTISATION

At 1 January 2025

3,387

181,250

1,192

185,829

Amortisation for year

1,047

-

2,372

3,419

At 31 December 2025

4,434

181,250

3,564

189,248

NET BOOK VALUE

At 31 December 2025

1,539

-

8,295

9,834

At 31 December 2024

2,586

-

10,667

13,253

5.	TANGIBLE FIXED ASSETS

Computer

equipment

£

COST

At 1 January 2025

25,086

Additions

3,705

At 31 December 2025

28,791

DEPRECIATION

At 1 January 2025

20,228

Charge for year

4,044

At 31 December 2025

24,272

NET BOOK VALUE

At 31 December 2025

4,519

At 31 December 2024

4,858

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

2,164

10,083

Other debtors

305,018

259,630

307,182

269,713

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Taxation and social security

15,664

8,541

Other creditors

1,905

1,554

17,569

10,095

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

Value:

£

88,200

Ordinary A

£0.001

88.20

88,200

Ordinary B

£0.001

88.20

36,000

Ordinary C

£0.001

36.00

55,870

Ordinary D

£0.001

55.87

15,807

Ordinary E

£0.001

15.81

284.08

9.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 December 2025 and 31 December 2024:

2025

2024

£

£

G B J Gadney

Balance outstanding at start of year

-

-

Amounts advanced

223

-

Amounts repaid

-

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

223

-

Director's loan is interest free and repayable on demand.

10.	RELATED PARTY DISCLOSURES

During the year, the comapny provided interest free loans amounting to £50,000 from Charisma Entertainment Ltd, a related party which shares the same directors and is under the control of the same persons. The balance owed as at 31 December 2025 was £293,725 (2024 - £243,725).