Playfiveaside Ltd - Accounts to registrar (filleted)

REGISTERED NUMBER: 06959898 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2025

for

PLAYFIVEASIDE LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mr N Pandit

REGISTERED OFFICE:

Ground Floor Marlborough House

298 Regents Park Road

London

N3 2SZ

REGISTERED NUMBER:

06959898 (England and Wales)

ACCOUNTANTS:

Fusion Accountancy Limited

Marlborough House

298 Regents Park Road

London

N3 2SZ

FIXED ASSETS

Tangible assets

4

41,833

824

CURRENT ASSETS

Debtors

5

596,018

619,347

Cash at bank

12,229

7,186

608,247

626,533

CREDITORS

Amounts falling due within one year

6

227,231

182,807

NET CURRENT ASSETS

381,016

443,726

TOTAL ASSETS LESS CURRENT
LIABILITIES

422,849

444,550

CREDITORS

Amounts falling due after more than one year

7

43,399

76,241

NET ASSETS

379,450

368,309

CAPITAL AND RESERVES

Called up share capital

500

Retained earnings

378,950

367,809

379,450

368,309

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 director acknowledges his 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 director and authorised for issue on 25 September 2026 and were signed by:

Mr N Pandit - Director

1.	STATUTORY INFORMATION

Playfiveaside Ltd 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.

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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

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

Improvements to property

-

10% on cost

Furniture and Fittings

-

15% on reducing balance

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.

Hire purchase and leasing commitments

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

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2024 - 4 ) .

4.	TANGIBLE FIXED ASSETS

Furniture

Improvements

and

to property

Fittings

Totals

£

COST

At 1 January 2025

-

4,926

Additions

44,000

-

44,000

At 31 December 2025

44,000

4,926

48,926

DEPRECIATION

At 1 January 2025

-

4,102

Charge for year

2,867

124

2,991

At 31 December 2025

2,867

4,226

7,093

NET BOOK VALUE

At 31 December 2025

41,133

700

41,833

At 31 December 2024

-

824

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

Amounts owed by group undertakings

386,313

422,313

Other debtors

10,834

-

Director's current account

32,101

-

Value added tax

18,311

17,320

Prepayments and accrued income

148,459

179,714

596,018

619,347

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

Bank loans and overdrafts

45,376

110,532

Trade creditors

325

301

Amounts owed to group undertakings

161,676

54,929

Corporation tax

10,834

10,419

Social security and other taxes

6,086

5,725

Other creditors

2,934

-

Director's current account

-

901

227,231

182,807

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

31.12.25

31.12.24

£

Bank loans

43,399

76,241

8.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

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

31.12.25

31.12.24

£

Mr N Pandit

Balance outstanding at start of year

-

Amounts advanced

48,904

-

Amounts repaid

(16,803

)

-

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

32,101

-

9.	RELATED PARTY DISCLOSURES

Amounts owed by group undertakings of £386,313 is owed to the Company by other companies which are under common control.

Amounts owed to group undertakings of £161,676 is owed by the Company to other companies which are under common control.

The debts have no fixed date for repayments, are repayable on demand and are non-interest bearing.