REGISTERED NUMBER: SC624947 (Scotland)

Unaudited Financial Statements for the Year Ended 31 March 2026

for

Incentive Games Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr J Gordon

Mr S Gove

REGISTERED OFFICE:

Citypoint

65 Haymarket Terrace

Edinburgh

EH12 5HD

REGISTERED NUMBER:

SC624947 (Scotland)

ACCOUNTANTS:

Cowan & Partners Limited

60 Constitution Street

Edinburgh

EH6 6RR

FIXED ASSETS

Intangible assets

4

2,070,581

2,131,069

Tangible assets

5

27,503

45,661

2,098,084

2,176,730

CURRENT ASSETS

Debtors

6

1,658,954

927,912

Cash at bank and in hand

7,099

447,174

1,666,053

1,375,086

CREDITORS

Amounts falling due within one year

7

683,410

384,531

NET CURRENT ASSETS

982,643

990,555

TOTAL ASSETS LESS CURRENT LIABILITIES

3,080,727

3,167,285

CREDITORS

Amounts falling due after more than one year

8

(2,437,491

)

(2,463,708

)

PROVISIONS FOR LIABILITIES

(6,869

)

(11,415

)

NET ASSETS

636,367

692,162

RESERVES

Retained earnings

636,367

692,162

636,367

692,162

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2026 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors and authorised for issue on 30 September 2026 and were signed on its behalf by:

Mr S Gove - Director

1.	STATUTORY INFORMATION

Incentive Games Limited is a private company, limited by shares , registered in Scotland. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

An impairment loss has been recognised in the Income Statement, following an assessment at the Balance Sheet date indicating the recoverable amount was less than its carrying value.

Computer software is being amortised evenly over its estimated useful life of three years.

Intangible assets included within the accounts include capitalised labour costs for employees time spent developing new games.

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

-

33.33% on cost

Plant and machinery

-

33.33% on cost

Fixtures and fittings

-

20% on cost

Computer equipment

-

33.33% on cost

An impairment review was carried out at the year end and no signs of impairment were noted.

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.

Foreign currencies

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 of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Debtors and creditors

Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 59 (2025 - 61 ) .

4.	INTANGIBLE FIXED ASSETS

Other

intangible

assets

£

COST

At 1 April 2025

4,122,322

Additions

1,166,954

Impairments

(187,277

)

At 31 March 2026

5,101,999

AMORTISATION

At 1 April 2025

1,991,253

Charge for year

1,150,891

Impairments

(110,726

)

At 31 March 2026

3,031,418

NET BOOK VALUE

At 31 March 2026

2,070,581

At 31 March 2025

2,131,069

5.	TANGIBLE FIXED ASSETS

Improvements

Fixtures

to

Plant and

and

Computer

property

machinery

fittings

equipment

Totals

£

£

£

£

£

COST

At 1 April 2025

7,436

10,827

9,870

99,459

127,592

Additions

-

-

-

9,418

9,418

Disposals

-

-

-

(2,875

)

(2,875

)

At 31 March 2026

7,436

10,827

9,870

106,002

134,135

DEPRECIATION

At 1 April 2025

6,961

8,603

4,607

61,760

81,931

Charge for year

474

1,299

1,974

22,283

26,030

Eliminated on disposal

-

-

-

(1,329

)

(1,329

)

At 31 March 2026

7,435

9,902

6,581

82,714

106,632

NET BOOK VALUE

At 31 March 2026

1

925

3,289

23,288

27,503

At 31 March 2025

475

2,224

5,263

37,699

45,661

An impairment review was carried out at the year end and no signs of impairment were noted.

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

£

Trade debtors

617,144

739,652

Other debtors

1,041,810

188,260

1,658,954

927,912

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

£

Bank loans and overdrafts

185,584

10,000

Trade creditors

195,232

74,020

Taxation and social security

149,638

175,359

Other creditors

152,956

125,152

683,410

384,531

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.26

31.3.25

£

£

Bank loans

-

1,634

Amounts owed to group undertakings

2,437,491

2,462,074

2,437,491

2,463,708

9.	SECURED DEBTS

The following secured debts are included within creditors:

31.3.26

31.3.25

£

£

Bank loans

1,624

11,634

The Royal Bank of Scotland PLC hold a floating charge over all assets of the company.

10.	POST BALANCE SHEET EVENTS

Subsequent to the year end, the Company entered into an agreement to dispose of an intangible asset. The transaction completed on 27th April 2026. No adjustment has been made to the financial statements in respect of this transaction as the sale arose after the reporting period.