Playground Imagineering Limited

Playground Imagineering Limited
Statement of Financial Position
As at 31 May 2026

	Notes	2026 £	2025 £
Fixed assets
Tangible fixed assets	4	3,967	3,838
		3,967	3,838
Current assets
Stocks		2,939	4,830
Debtors		138,288	76,505
Cash at bank and in hand		77,317	20,038
		218,544	101,373
Creditors: amount falling due within one year		(70,608)	(8,121)
Net current assets		147,936	93,252

Total assets less current liabilities		151,903	97,090
Provisions for liabilities		(754)	(729)
Net assets		151,149	96,361

Capital and reserves
Called up share capital	5	340	340
Profit and loss account		150,809	96,021
Shareholders' funds		151,149	96,361

For the year ended 31 May 2026 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 accounts for the year in question in accordance with section 476.
The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

These 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 to the Registrar of Companies.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).

The financial statements were approved by the director on 23 July 2026 and were signed by:

-------------------------------
Abbey Clark
Director

Playground Imagineering Limited
Notes to the Abridged Financial Statements
For the year ended 31 May 2026

General Information

Playground Imagineering Limited is a private company, limited by shares, registered in England and Wales, registration number 06800512, registration address Unit 10 Willow Court, West Quay Road, Warrington, Cheshire, WA2 8UF.

The presentation currency is £ sterling.

Accounting policies

Significant accounting policies

The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by Section 1A of the standard)

Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Website cost

Planning and operating costs for the company's website are charged to the income statement as incurred.

Taxation

Taxation represents the sum of tax currently payable and deferred tax. Tax is recognised in the statement of income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves.
The company’s liability for current tax is calculated using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Current and deferred tax assets and liabilities are not discounted

Deferred taxation

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the reporting date.
Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the reporting date 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.
Current and deferred tax assets and liabilities are not discounted.

Intangible assets

Goodwill arising in connection with the acquisition of businesses is capitalised and amortised over its estimated economic life to a maximum of 20 years. Goodwill is reviewed annually for impairment if events or changes in circumstances indicate that the carrying value may not be recoverable.

Goodwill
Acquired goodwill is stated at cost less amortisation. Amortisation is calculated on a straight line basis over the estimated expected useful economic life of the goodwill of years.

Tangible fixed assets

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Plant and Machinery	25% Reducing Balance
Motor Vehicles	25% Reducing Balance
Fixtures and Fittings	25% Reducing Balance
Computer Equipment	33.33% 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. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.

Provisions

Provisions are recognised when the company has a present obligation as a result of a past event which it is more probable than not will result in an outflow of economic benefits that can be reasonably estimated.

2.	Average number of employees Average number of employees during the year was 2 (2025 : 2).

Intangible fixed assets

Cost	Goodwill	Total
	£	£
At 01 June 2025	30,000	30,000
Additions	-	-
Disposals	-	-
At 31 May 2026	30,000	30,000
Amortisation
At 01 June 2025	30,000	30,000
Charge for year	-	-
On disposals	-	-
At 31 May 2026	30,000	30,000
Net book values
At 31 May 2026	-	-
At 31 May 2025	-	-

Tangible fixed assets

Cost or valuation	Plant and Machinery	Motor Vehicles	Fixtures and Fittings	Computer Equipment	Total
	£	£	£	£	£
At 01 June 2025	1,000	6,975	10,115	4,481	22,571
Additions	-	-	-	1,291	1,291
Disposals	-	-	-	-	-
At 31 May 2026	1,000	6,975	10,115	5,772	23,862
Depreciation
At 01 June 2025	1,000	6,044	7,894	3,795	18,733
Charge for year	-	233	555	374	1,162
On disposals	-	-	-	-	-
At 31 May 2026	1,000	6,277	8,449	4,169	19,895
Net book values
Closing balance as at 31 May 2026	-	698	1,666	1,603	3,967
Opening balance as at 01 June 2025	-	931	2,221	686	3,838

Share Capital

Authorised
340 Ordinary shares of £1.00 each

Allotted, called up and fully paid	2026 £		2025 £
340 Ordinary shares of £1.00 each	340		340
	340		340


Registered Number: 06800512
England and Wales
PLAYGROUND IMAGINEERING LIMITED

Abridged Accounts

Period of accounts Start date: 01 June 2025 End date: 31 May 2026