Company Registration No. 08257281 (England and Wales)
Generation Game Limited
Unaudited accounts
for the year ended 31 October 2021
Generation Game Limited
Unaudited accounts
Contents
Generation Game Limited
Company Information
for the year ended 31 October 2021
Director
Ioannis Tsakalis
Company Number
08257281 (England and Wales)
Registered Office
33 Navarino Road
Worthing
West Sussex
BN11 2NE
United Kingdom
Generation Game Limited
Statement of financial position
as at
31 October 2021
Cash at bank and in hand
608
673
Creditors: amounts falling due within one year
(16,432)
(25,886)
Net current liabilities
(5,404)
(14,793)
Net liabilities
(5,404)
(14,793)
Called up share capital
100
100
Profit and loss account
(5,504)
(14,893)
Shareholders' funds
(5,404)
(14,793)
For the year ending 31 October 2021 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 31 July 2022 and were signed on its behalf by
Ioannis Tsakalis
Director
Company Registration No. 08257281
Generation Game Limited
Notes to the Accounts
for the year ended 31 October 2021
Generation Game Limited is a private company, limited by shares, registered in England and Wales, registration number 08257281. The registered office is 33 Navarino Road, Worthing, West Sussex, BN11 2NE, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
3 years straight line
4
Tangible fixed assets
Fixtures & fittings
Cost or valuation
At cost
5
Debtors: amounts falling due within one year
2021
2020
Other debtors
10,420
10,420
Generation Game Limited
Notes to the Accounts
for the year ended 31 October 2021
6
Creditors: amounts falling due within one year
2021
2020
Amounts owed to group undertakings and other participating interests
16,012
25,498
7
Share capital
2021
2020
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
8
Average number of employees
During the year the average number of employees was 0 (2020: 0).