Raw Power Games Ltd

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

1. General Information

Raw Power Games Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 15847517 . The registered office is 1 Chapel Street, Warwick, CV34 4HL.

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. Going Concern Disclosure

Though the Company is operating at a loss, the Directors have a reasonable expectation that the Company will continue to have access to adequate resources to continue in operational existence for the foreseeable future. The Directors have obtained a letter of support from its immediate parent company, Raw Power Games ApS, stating that they will support the Company should it not be in a position to meet any repayment obligations. Thus, the Directors continue to adopt the going concern basis in preparing the annual financial statements.

2.3. Significant judgements and estimations

The preparation of the financial statements requires management to make judgements, estimates, and assumptions that affect the amounts reported for assets and liabilities as at the balance sheet date and the amounts reported for revenues and expenses during the year. However, the nature of estimation means that actual outcomes could differ from those estimates. In the Director's opinion there are no significant judgements or key sources of estimation uncertainty.

2.4. 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 rendering of services.

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.

2.5. Financial Instruments

The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in non-puttable ordinary shares.

Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in profit or loss.

Financial assets and liabilities are offset and the net amount reported in the Balance Sheet when there is an enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

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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Raw Power Games Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2025

2.7. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

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 years 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.

Tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.

2.8. Pensions

The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.

2.9. Debtors

Basic financial assets, including trade and other debtors, are intially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Such assets are subsequently carried at amortised cost using the effective interest method, less any impairment.

2.10. Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

2.11. Creditors

Basic financial liabilities, including trade and other creditors, loans from third parties and loans from related parties, are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Such instruments are subsequently carried at amortised cost using the effective interest method, less any impairment.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Trade creditors are classified as current liabilities if the Company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

2.12. Share Capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

2.13. Disclosure of long or short period

The company was incorporated on 19 July 2024, the comparative figures therefore represent the short period from this date to 31 December 2024. The current year represents a standard 12-month period.

3. Average Number of Employees

Average number of employees, including directors, during the year was as follows: 22 (2024: 10)

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Raw Power Games Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2025

4. Debtors

	31 December 2025	31 December 2024
	£	£
Due within one year
Prepayments and accrued income	4,233	3,599
Corporation tax recoverable assets	2,870	-
VAT	1,572	1,116
Amounts owed by group undertakings	84,462	11,407

	93,137	16,122

5. Creditors: Amounts Falling Due Within One Year

	31 December 2025	31 December 2024
	£	£
Trade creditors	1,308	3,490
Corporation tax	-	2,870
Other taxes and social security	63,737	51,820
Net wages	7,857	-
Other creditors	-	15,454
Accruals and deferred income	25,859	18,114

	98,761	91,748

6. Share Capital

	31 December 2025	31 December 2024
	£	£
Allotted, Called up and fully paid	1	1

7. Dividends

No dividends were proposed or paid during the period.

8. Ultimate Parent Undertaking and Controlling Party

The company's immediate parent undertaking is Raw Power Games ApS, a company incorporated in Denmark with its registered office at Jorcks Passage 1A, 2., DK-1162 København K. The ultimate parent undertaking is Selskabet af 18. juni 2021 ApS, a company incorporated in Denmark. The ultimate controlling party is Rune Bentsen Christensen.

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Raw Power Games Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2025

9. Audit Information

The auditor's report on the accounts of Raw Power Games Ltd for the year ended 31 December 2025 was unqualified.

The auditor's report was signed by David Wheeler (Senior Statutory Auditor) for and on behalf of Bourner Bullock , Statutory Auditor.

Bourner Bullock

Chartered Accountants

114 St Martin’s Lane

Covent Garden

London

WC2N 4BE

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		31 December 2025		31 December 2024
	Notes	£	£	£	£
CURRENT ASSETS
Debtors	4	93,137		16,122
Cash at bank and in hand		85		72,757

		93,222		88,879
Creditors: Amounts Falling Due Within One Year	5	(98,761 )		(91,748 )

NET CURRENT ASSETS (LIABILITIES)			(5,539 )		(2,869 )

TOTAL ASSETS LESS CURRENT LIABILITIES			(5,539 )		(2,869 )

NET LIABILITIES			(5,539 )		(2,869 )

CAPITAL AND RESERVES
Called up share capital	6		1		1
Profit and Loss Account			(5,540 )		(2,870 )

SHAREHOLDERS' FUNDS			(5,539)		(2,869)