i5tered number 05883722 Whickham Pla one Ltd Re ort and Accounts 31 December 2022 Teifprd &G¥q fr￿Jd￿ Otherwret￿ar￿I MtsJdk¢a5ev *$l￿￿¥tt Whl¢kham Playzone Ltd Report to the dirertors on ihe prepar*ion ofthe unaudlted st*uw ac£ounts of Whlckham Pla￿one Ltd for the year ended 31 De¢ember 2022 In order to asslst you to fulfil your dutles under the Companies Act 21))6. we have prepared for your approwdl the accounts of Whickham Playzone Ltd for the year ended 31 De￿mber 2022 which comprfse of the Profit and Loss Account, the Balance Sheet, the Statement of Changes in Equity and the related notes fmm the companvs accounting records and from information and explanations you havegiven us. a practtsin8 member fimi of the Association of Chartered Certified Accountants. we are subject to its ethical and other professlonal requlrements whlch are d•alled at http.'l/rulebook.acca8lobal.coml Our work has been underraken in acmrdan¢e with the requirements of the Assoclation of Chartered Certtfled Accountants as detailed at http jlwww.3ccag1obal.￿MjfactsheetI63. Chartered Certified Accountants Unlt H28 The Avenues Eleventh Avenue North Gateshead NEII ONJ 12 May 2023 Whlckham playzone Ltd Profit and Loss Account for the year ended 31 December 2022 2022 2021 Turnover 80.532 56,055 Cost of sales 12.5481 {4.9891 Gross profft 77.984 51,066 Administrative expenses Other operating income 155.6521 154.5191 11,563 Operdtlng profft 22.332 8,110 Interest receivabte 49 Profit on ardlnary artlvltles before taxaiion 8,115 Tax on profit on ordinary aciivities Pmfft for the 1Snandal ytar 22.381 8,115 Whickham Playzone Ltd Reglstered number. Balance Sheet as at 31 December2022 05883722 2021 Flxed assets Tangible assets 33,422 Current assets Cash at bank and in hand 197.211 171,603 Credltor5: amounts f•lling due wsthln one year IIIA721 {￿,658> Net current assets 185.339 157,945 Net assets 213,748 191,367 Capltal and reserves Profit and loss account 213,748 191,367 Shareholders. fvnds 213,748 191,367 The dlrector5 are satisfied that the company is entltled to exemptlon frt)m the requirernent to obtain an audit under sertion 477 of thè Companies Act 2006. The members have not requlred the company to obtain an audlt In accordance wlth 5ertlon 476 of the Acl. The directors acknowledge their responsibilibes for complwng wlth the requirements of the Companies Art 2006 with respect to accounting records and the preparatlon of accounts. The accoynt5 have been prepared and delivered in accordance wtth the speclal provlslons applicable to companies subject to the small companies regime. The profft and loss account has not been delivered to the Registrar of Companies. Mr5 Tlohnston Dlrector Mrs L Pratt Dirertor Whlckham Playzone Ltd Statement of Changes In Equlty for the year ended 31 December 2022 Share Share ¢apltsl wemlum Profft and loss account Totsl valuatlon reserve At l January 2021 183,252 183,252 Profit for the finandal year 8.115 8,115 At 31 Dac•mber 2021 191,367 191,367 At l January 2022 191,367 191,367 Profft for the financial year 22,381 22.381 At 31 December 2022 213,748 213.748 Whlckham Playzone Ltd Notes to the Accounts for the year ended 31 De￿rnber 2022 l A¢¢ountin8 policies 80sls oAprepamtkni The accounts have been prepared under the hstorital c95t C(snvention and in accordan￿ with FRS 102. The Finanual Reporting Stsndard applicable in the UK and Republic of Ireland las applied to small entities by section IA of the standard). Turnover Turnover is measured at the fair value of the consideraiion T￿l¥ed or re￿r￿able. net of discounts and value added taxes. Turnover indudes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is reCOgn￿ed when the signiflcant rfsks and reward5 of ownership of the goods have transferred to the buyer. Turnover from the renderlng of se￿CeS Is recognised by reference to the sta8e of completion of the contract. The stage of completion of a contract Is measured by comparlng the costs Incurred tor work perfOrn￿ to date to the totsl estimated contract costs. Tunglble flxedussets Tangible fixed assèts are rneasured at cost less accumulative depreciation and any accumulative irnpairment losses. Depreclatlon Is provtded on all tangible fixed assets. other than freehold land, at rate5 calculated to write off the cost, less eslimated residual value. of each asset evenly over its expected useful life. as follow5: Freehold buildings Motor vehicles Plant and machinery Flxtures. frttings, tools and equipment over 50 years 25% redudng balance 15% reduang balance 15% redudng balance Debto Short term debtors are measured at transactton price Iwhid) is usually the Invol￿ pri￿1, less any impairrnent losses for bad and doubtful debts. Loans and other finanaal assets are initially recognised at transartion pri￿ including any transaction costs and 5ub5equentty measured at amortised cost determined using the effective interest method. less any impairment losses for bad and doubtfvl debts. Credltors Short term creditors are measured at transaction prio Iwhith is usually the Invol￿ pricel. Loans and other financlal Ilablltties are initialty recognised at transaction price net of any transaction costs and subsequently measured at amorti5ed cost determined using the effertive inte￿t method. Whickham Playione Ltd Notes to the Accounts for the year ended 31 December 21Y22 2 Tan8lble fixed a55ets Plant and machlnery ot Cost At l January 2022 At 31 December 2022 61,145 DeprKlatlon At l January 2022 Charge for the year At 31 December 2022 27,723 5.013 32.736 Net book value At 31 December 2022 28,409 At 31 December 2021 33,422 3 Credltors: amountsfalllng due wlthln one 2022 2021 Other taxes and social security costs Other creditor5 1,275 10,597 1,234 12,424 11,872 13,658 Whickham Playzone Ltd Detalled profit and loss account for the year ended 31 December 2022 2022 Sales 80.532 56,055 Cost of sale5 12.5481 14,9891 Gross profft 77,984 51.066 Admlnistratlve expenses Other operatln8 income 155,6521 154.5191 11.563 Operatlng profft 22,332 8,110 Inte￿$t receivable 49 Profit before tax 22.381 8,115 Whickham Playzone Ltd Detsiled profit and1055 account forthe year ended 31 December 2022 2022 2021 Sales Sales 80.532 56,055 Cost of sales Subsi5tance Resource Costs 2,689 2.3 4,989 1,262 AdmInIstrat￿¢ expenses Employee c05ts'. Wages and 5alarie5 36.991 36.991 36,125 36,125 Premises costs= Rent ght and heat 85C(I 2,106 10,606 8,500 1,604 10,104 General admlnistrative expense5- Telephone and fax Insurance Repair5 and malntenan Depreciation Sundry expenses 605 583 452 5.899 451 7,990 561 641 5.013 960 7,755 Legal and professional c05ts- Accountsncy fees 3LM) 3C(J 300 300 55.652 54.519 Other oporatlng Income Other operatln8 income 11.563