Registration number: 06436346

24 Play Preston Ltd
(formerly Rascals Party and Play Centre Limited)

(Registration number: 06436346)

Balance Sheet as at 31 December 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	3	89,951	137,576
Current assets
Stocks		6,923	3,750
Debtors	4	691,489	13,087
Cash at bank and in hand		76,179	653,256
		774,591	670,093
Creditors: Amounts falling due within one year	5	(168,767)	(207,428)
Net current assets		605,824	462,665
Total assets less current liabilities		695,775	600,241
Provisions for liabilities		(22,488)	(34,394)
Net assets		673,287	565,847
Capital and reserves
Called up share capital	6	100	100
Retained earnings		673,187	565,747
Shareholders' funds		673,287	565,847

For the financial year ending 31 December 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 accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the Directors' Report and the Profit and Loss Account has been taken.

These financial statements, which have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006 and in accordance with the provisions of FRS 102 Section 1A Small Entities, were approved and authorised for issue by the Board on 8 July 2026 and signed on its behalf by:
 

.........................................

T Everts

Director

24 Play Preston Ltd
(formerly Rascals Party and Play Centre Limited)

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

1	Accounting policies

Statutory information

24 Play Preston Ltd is a private company, limited by shares, domiciled in England and Wales, company number 06436346. The registered office is at Unit 6 2nd Floor Mulgrave Chambers, 26-28 Mulgrave Road, Sutton, Surrey, SM2 6LE.

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value. The presentation currency is United Kingdom pounds sterling, which is the functional currency of the company. The financial statements are those of an individual entity.

Disclosure of short accounting period

The comparative period covers the 9 months to 31 December 2024.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is recognised at the point of sale for goods and upon delivery of services.

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

24 Play Preston Ltd
(formerly Rascals Party and Play Centre Limited)

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025 (continued)

1	Accounting policies (continued)

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

On 1 July 2025 the accounting policies for the tangible fixed assets were changed to bring them into line with other companies within the group.

Depreciation

Depreciation is charged so as to write off the cost of assets over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Plant and machinery	20% reducing balance and straight line
Fixtures and fittings	25% reducing balance and straight line
Property improvements	20% reducing balance and straight line
Computer equipment	33% reducing balance and straight line
Motor vehicles	25% 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.

Leases

Rentals payable under operating leases are charged to profit and loss on a straight line basis over the period of the lease.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Where shares are issued, any component that creates a financial liability of the company is presented as a liability in the balance sheet. The corresponding dividends relating to the liability component are charged as interest expense in the statement of income and retained earnings.

2	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 35 (2024 - 34).

24 Play Preston Ltd
(formerly Rascals Party and Play Centre Limited)

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025 (continued)

4

Debtors

	2025 £	2024 £
Trade debtors	11,331	706
Amounts owed by group undertakings	658,883	-
Prepayments	12,863	12,381
Other debtors	8,412	-
	691,489	13,087

5

Creditors

	2025 £	2024 £
Due within one year
Trade creditors	37,179	28,720
Amounts owed to group undertakings	64,644	-
Taxation and social security	43,660	161,677
Accruals and deferred income	22,818	17,031
Other creditors	466	-
	168,767	207,428

6	Share capital

Allotted, called up and fully paid shares

	2025		2024
	No.	£	No.	£
Ordinary A shares of £1 each	60	60	60	60
Ordinary B shares of £1 each	10	10	10	10
Ordinary C shares of £1 each	15	15	15	15
Ordinary D shares of £1 each	15	15	15	15
	100	100	100	100

7	Financial commitments, guarantees and contingencies

Amounts not provided for in the balance sheet

The total amount of financial commitments not included in the balance sheet is £185,646 (2024 - £240,000).

24 Play Preston Ltd
(formerly Rascals Party and Play Centre Limited)

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025 (continued)

8	Related party transactions

The company has taken advantage of the exemption under FRS102 S33.1A not to disclose transactions between group companies.

9	Parent and ultimate parent undertaking

The company's immediate parent is 24 Indoor UK Limited, a company incorporated in England.

 The ultimate parent is 24 Indoor Holdings EU BV, a company incorporated in the Netherlands.