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Registered number: 07191492
Paintballing Limited
Unaudited Financial Statements
For The Year Ended 31 March 2026
Passman Leonard Associates Limited
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 07191492
2026 2025
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 3,966 4,551
3,966 4,551
CURRENT ASSETS
Debtors 5 35,239 34,752
Cash at bank and in hand 427,004 1,050,011
462,243 1,084,763
Creditors: Amounts Falling Due Within One Year 6 (190,361 ) (879,346 )
NET CURRENT ASSETS (LIABILITIES) 271,882 205,417
TOTAL ASSETS LESS CURRENT LIABILITIES 275,848 209,968
PROVISIONS FOR LIABILITIES
Deferred Taxation (991 ) (865 )
NET ASSETS 274,857 209,103
CAPITAL AND RESERVES
Called up share capital 7 1,000 1,000
Profit and Loss Account 273,857 208,103
SHAREHOLDERS' FUNDS 274,857 209,103
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Page 2
For the year ending 31 March 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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 Justin Toohig
Director
30 October 2026
The notes on pages 3 to 5 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Paintballing Limited Registered number 07191492 is a limited by shares company incorporated in England & Wales. The Registered Office is Boundary House, Cricket Field Road, Uxbridge, Middlesex, UB8 1QG.
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 comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are stated at cost less depreciation. 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:
Fixtures & Fittings 25% Reducing Balance
Computer Equipment 50% Straight Line
2.4. Taxation
The charge for taxation takes into account taxation deferred as a result of timing differences between the treatment of certain items for taxation and accounting purposes. In general, deferred taxation is recognised in respect of timing differences that have originated but not reversed at the balance sheet date. However, deferred tax assets are recognised only to the extent that the directors consider that it is more likely than not that there will be suitable taxable profits from which the future reversal of the underlying timing differences can be deducted. Deferred taxation is measured on a non-discounted basis at the tax rates that are expected to apply in periods in which the timing differences reverse, based on tax rates and the law enacted or substantively enacted at the balance sheet date.
2.5. Registrar Filing Requirements
The company has taken advantage of Companies Act 2006 section 444(1) and opted not to file the profit and loss account, directors report, and notes to the financial statements relating to the profit and loss account.
3. Average Number of Employees
Average number of employees, including directors, during the year was:
2026 2025
Office and administration 5 6
5 6
4. Tangible Assets
Fixtures & Fittings Computer Equipment Total
£ £ £
Cost
As at 1 April 2025 13,953 8,025 21,978
Additions 737 - 737
As at 31 March 2026 14,690 8,025 22,715
...CONTINUED
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Depreciation
As at 1 April 2025 9,402 8,025 17,427
Provided during the period 1,322 - 1,322
As at 31 March 2026 10,724 8,025 18,749
Net Book Value
As at 31 March 2026 3,966 - 3,966
As at 1 April 2025 4,551 - 4,551
5. Debtors
2026 2025
£ £
Due within one year
Prepayments and accrued income 458 691
Other debtors 6,875 6,875
Amounts owed by other participating interests 27,906 27,186
35,239 34,752
Included in amounts owed by connected companies is an amount of £27,906 (2025 - £27,186) owed by Prospera Limited, a company registered and incorporated in the UK, in which Mrs. C. Toohig is a director and shareholder.
6. Creditors: Amounts Falling Due Within One Year
2026 2025
£ £
Trade creditors 2,639 2,958
Bank loans and overdrafts 20,501 4,500
Corporation tax 47,451 57,083
Other taxes and social security - 3,087
VAT 27,567 31,356
Net wages 1,500 -
Pension contribution - creditor 481 428
Accruals 1,675 1,675
Director's loan account - 13
Amounts owed to group undertakings 88,547 -
Amounts owed to other participating interests - 778,246
190,361 879,346
Included in the amounts owed to connected companies is an amount of £88,547 (2025- £778,246) owed to F&F Corporation Ltd, a company registered and incorporated in the United Kingdom, which holds 100% of share capital in Paintballing Ltd.
7. Share Capital
2026 2025
£ £
Allotted, Called up and fully paid 1,000 1,000
8. Related Party Transactions
During the year, dividend of £75,000 was paid to F&F Corporation Ltd, a company incorporated and registered in the United Kingdom in which Mr J Toohig is a director and shareholder. 
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9. Controlling Party
The company's controlling party is F&F Corporation Ltd by virtue of the ownership of 100% of the issued share capital in the company.
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