Netspeak Games Ltd

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—6

Registered number: 11862950

		2026		2025
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		4,687		12,053
Investments	5		1		1

			4,688		12,054
CURRENT ASSETS
Debtors	6	192,302		293,140
Cash at bank and in hand		685,809		1,617,405

		878,111		1,910,545
Creditors: Amounts Falling Due Within One Year	7	(35,070 )		(10,038 )

NET CURRENT ASSETS (LIABILITIES)			843,041		1,900,507

TOTAL ASSETS LESS CURRENT LIABILITIES			847,729		1,912,561

NET ASSETS			847,729		1,912,561

CAPITAL AND RESERVES
Called up share capital	8		2		2
Share premium account			12,095,604		12,095,604
Profit and Loss Account			(11,247,877 )		(10,183,045 )

SHAREHOLDERS' FUNDS			847,729		1,912,561

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Netspeak Games Ltd

Balance Sheet (continued)

As At 31 March 2026

For the year ending 31 March 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

The financial statements were approved by the board of directors on 5 May 2026 and were signed on its behalf by:

C Brighting

Director

The notes on pages 3 to 6 form part of these financial statements.

1. General Information

Netspeak Games Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 11862950 . The registered office is 34 Prince Of Wales Road, Norwich, NR1 1LG.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

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

The company is a parent company but is exempt from the requirement to prepare consolidated financial statements by

virtue of the small groups exemption contained in section 399 of the Companies Act 2006. The group qualifies as small

and therefore, the company has not prepared consolidated financial statements.

2.2. Going Concern Disclosure

The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.

2.3. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.4. Intangible Fixed Assets and Amortisation - Other Intangible

Other intangible assets are website development. It is amortised to the profit and loss account over its estimated economic life of 5 years.

2.5. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Fixtures & Fittings	33% Straight Line
Computer Equipment	20% Straight Line

2.6. Foreign Currencies

Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.

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Netspeak Games Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2026

2.7. Government Grant

Government grants are recognised in the profit and loss account in an appropriate manner that matches them with the expenditure towards which they are intended to contribute.

Grants for immediate financial support or to cover costs already incurred are recognised immediately in the profit and loss account. Grants towards general activities of the entity over a specific period are recognised in the profit and loss account over that period.

Grants towards fixed assets are recognised over the expected useful lives of the related assets and are treated as deferred income and released to the profit and loss account over the useful life of the asset concerned.

All grants in the profit and loss account are recognised when all conditions for receipt have been complied with.

2.8. Investments

Investments in subsidiary undertakings, associates and other investments are initially recognised at cost. Subsequently, they are measured at cost less any provision for impairment where there is evidence that the investment’s recoverable amount is lower than its carrying value.

Income from investments is recognised when the company’s right to receive payment has been established.

2.9. Video Games Expenditure Credit

The company recognises Video Games Expenditure Credit income in respect of qualifying development expenditure incurred on eligible video game productions. The gross amount of the credit is recognised within other operating income.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 9 (2025: 12)

4. Tangible Assets

	Fixtures & Fittings	Computer Equipment	Total
	£	£	£
Cost
As at 1 April 2025	3,115	41,072	44,187
Additions	1,165	5,124	6,289
Disposals	(4,280 )	(23,705 )	(27,985 )

As at 31 March 2026	-	22,491	22,491

Depreciation
As at 1 April 2025	640	31,494	32,134
Provided during the period	787	5,767	6,554
Disposals	(1,427 )	(19,457 )	(20,884 )

As at 31 March 2026	-	17,804	17,804

Net Book Value
As at 31 March 2026	-	4,687	4,687

As at 1 April 2025	2,475	9,578	12,053

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Netspeak Games Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2026

5. Investments

	Subsidiaries
	£
Cost or Valuation
As at 1 April 2025	1

As at 31 March 2026	1

Provision
As at 1 April 2025	-

As at 31 March 2026	-

Net Book Value
As at 31 March 2026	1

As at 1 April 2025	1

6. Debtors

	2026	2025
	£	£
Due within one year
Trade debtors	20,919	-
Prepayments and accrued income	7,261	10,728
Other debtors	408	23,181
Corporation tax recoverable	163,714	250,647
VAT	-	8,584

	192,302	293,140

7. Creditors: Amounts Falling Due Within One Year

	2026	2025
	£	£
Trade creditors	1,631	5,587
Other taxes and social security	10,917	-
VAT	2,318	-
Accruals and deferred income	20,203	4,450
Amounts owed to subsidiaries	1	1

	35,070	10,038

8. Share Capital

	2026	2025
	£	£
Allotted, Called up and fully paid	2	2

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Netspeak Games Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2026

9. Related Party Transactions

The company owns 100% of the issued share capital of Netspeak Games Development Ltd, registered number 12800835 and

registered office 34 Prince Of Wales Road, Norwich, England, NR1 1LG. The principal activity of the subsidiary is that of video game development.

The company has taken advantage of the exemption available to small entities under Section 1A of Financial Reporting

Standard 102 from disclosing transactions entered into between wholly-owned members of the group.

Accordingly, no related party transactions with the company’s wholly-owned subsidiary have been disclosed in these financial

statements.

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