Bossa Studios Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 07375707

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		9,885		68,801
Investments	5		22,464		22,465

			32,349		91,266
CURRENT ASSETS
Debtors	6	683,081		1,684,407
Cash at bank and in hand		523,132		551,030

		1,206,213		2,235,437
Creditors: Amounts Falling Due Within One Year	7	(14,958,526 )		(15,513,192 )

NET CURRENT ASSETS (LIABILITIES)			(13,752,313 )		(13,277,755 )

TOTAL ASSETS LESS CURRENT LIABILITIES			(13,719,964 )		(13,186,489 )

NET LIABILITIES			(13,719,964 )		(13,186,489 )

CAPITAL AND RESERVES
Called up share capital	8		10		10
Profit and Loss Account			(13,719,974 )		(13,186,499 )

SHAREHOLDERS' FUNDS			(13,719,964)		(13,186,489)

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Bossa Studios Limited

Balance Sheet (continued)

As At 31 December 2025

For the 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.

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.

On behalf of the board

Mr Carlos Olifiers

Director

9 September 2026

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Bossa Studios Limited is a private company, limited by shares, incorporated in England & Wales, registered number 07375707 . The registered office is C/O Affect Group, Simpsons Fm, Pentlow, Suffolk, CO10 7JT.

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.

2.2. Turnover

Turnover is recognised at the fair value of the consideration received or receivable for products provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

Turnover includes sales fees paid to third party agents which have been deducted as a cost of sale in accordance with Section 23 FRS102.

Revenue from the sale of video game licences is recognised when the significant risks and rewards of ownership of the goods have passed to the buyer (usually on dispatch or download) , the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the entity and the costs incurred or to be incurred in respect of the transaction can be measured reliably.

2.3. 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:

Computer Equipment

25% straight line

2.4. 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.

2.5. Taxation

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other year and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

The company has claimed a Creative Industries tax credit to reduce the amount of tax payable which may result in an overall amount repayable to the company.

A deferred tax asset has not been recognised in relation to the losses available as the company cannot be certain that this asset will be used in the future.

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Bossa Studios Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2025

3. Average Number of Employees

Average number of employees, including directors, during the year was: 18 (2024: 35)

4. Tangible Assets

	Computer Equipment
	£
Cost
As at 1 January 2025	453,933
Disposals	(436,490 )

As at 31 December 2025	17,443

Depreciation
As at 1 January 2025	385,132
Provided during the period	4,361
Disposals	(381,935 )

As at 31 December 2025	7,558

Net Book Value
As at 31 December 2025	9,885

As at 1 January 2025	68,801

5. Investments

	Subsidiaries	Listed	Total
	£	£	£
Cost or Valuation
As at 1 January 2025	2	22,463	22,465
Disposals	(1 )	-	(1 )

As at 31 December 2025	1	22,463	22,464

Provision
As at 1 January 2025	-	-	-

As at 31 December 2025	-	-	-

Net Book Value
As at 31 December 2025	1	22,463	22,464

As at 1 January 2025	2	22,463	22,465

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Bossa Studios Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2025

6. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	54,457	478,441
Amounts owed by group undertakings	482,120	979,640
Other debtors	146,504	226,326

	683,081	1,684,407

7. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	60,498	30,465
Seed Investment Loan	14,800,564	15,207,101
Amounts owed to group undertakings	-	1
Other creditors	65,021	197,231
Taxation and social security	32,443	78,394

	14,958,526	15,513,192

8. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	10	10

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