REGISTERED NUMBER: 08953206 (England and Wales)

Funtime Rides (UK) Limited

Abridged Unaudited Financial Statements for the Year Ended 31 March 2026

Page

Company Information

1

Abridged Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTORS:

J R Clements

Mrs V Clements

REGISTERED OFFICE:

4 King Square

Bridgwater

Somerset

TA6 3YF

REGISTERED NUMBER:

08953206 (England and Wales)

ACCOUNTANTS:

Maxwells

Chartered Accountants

4 King Square

Bridgwater

Somerset

TA6 3YF

BANKERS:

Lloyds Bank

40 High Street

Chipping Sodbury

Bristol

BS37 6AW

FIXED ASSETS

Intangible assets

5

-

-

Tangible assets

6

53,032

63,883

53,032

63,883

CURRENT ASSETS

Stocks

128,245

162,156

Debtors

101,502

126,950

Cash at bank

-

989

229,747

290,095

CREDITORS

Amounts falling due within one year

115,525

170,308

NET CURRENT ASSETS

114,222

119,787

TOTAL ASSETS LESS CURRENT LIABILITIES

167,254

183,670

CREDITORS

Amounts falling due after more than one year

(11,875

)

(21,042

)

PROVISIONS FOR LIABILITIES

(13,258

)

(15,971

)

NET ASSETS

142,121

146,657

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

142,021

146,557

SHAREHOLDERS' FUNDS

142,121

146,657

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.

All the members have consented to the preparation of an abridged Statement of Financial Position for the year ended 31 March 2026 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Statement of Comprehensive Income has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 22 September 2026 and were signed on its behalf by:

J R Clements - Director

1.	STATUTORY INFORMATION

Funtime Rides (UK) Limited 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.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2015, is being amortised evenly over its estimated useful life of five years.

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.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Land and buildings

-

not provided

Plant and machinery etc

-

33% on cost, 25% on reducing balance and 15% on reducing balance

Stocks

Stocks and work in progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2025 - 4 ) .

5.	INTANGIBLE FIXED ASSETS

Totals

£

COST

At 1 April 2025

and 31 March 2026

36,000

AMORTISATION

At 1 April 2025

and 31 March 2026

36,000

NET BOOK VALUE

At 31 March 2026

-

At 31 March 2025

-

6.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 April 2025

94,546

Additions

587

At 31 March 2026

95,133

DEPRECIATION

At 1 April 2025

30,663

Charge for year

11,438

At 31 March 2026

42,101

NET BOOK VALUE

At 31 March 2026

53,032

At 31 March 2025

63,883

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Totals

£

COST

At 1 April 2025

43,556

Transfer to ownership

(1,209

)

At 31 March 2026

42,347

DEPRECIATION

At 1 April 2025

11,385

Charge for year

7,940

Transfer to ownership

(798

)

At 31 March 2026

18,527

NET BOOK VALUE

At 31 March 2026

23,820

At 31 March 2025

32,171

7.	SECURED DEBTS

The following secured debts are included within creditors:

31.3.26

31.3.25

£

£

Bank loans

1,667

11,667

Hire purchase contracts

19,375

26,875

21,042

38,542

The bank loan is a government backed bounce back loan.

The hire purchase is secured against the asset to which it relates.

8.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 March 2026 and 31 March 2025:

31.3.26

31.3.25

£

£

J R Clements and Mrs V Clements

Balance outstanding at start of year

41,172

(58,290

)

Amounts advanced

29,643

169,462

Amounts repaid

(60,000

)

(70,000

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

10,815

41,172

9.	ULTIMATE CONTROLLING PARTY

The controlling party is J R Clements and Mrs V Clements.

The above directors controlled the company throughout the current period, by virtue of the fact they own all of the company's issued share capital.