Caseware UK (AP4) 2019.0.131 2019.0.131 2019-03-31 2019-03-31 2018-04-01 false No description of principal activity true true The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 10086567 2018-04-01 2019-03-31 10086567 2019-03-31 10086567 2018-03-31 10086567 c:Director2 2018-04-01 2019-03-31 10086567 d:OfficeEquipment 2018-04-01 2019-03-31 10086567 d:OfficeEquipment 2019-03-31 10086567 d:OfficeEquipment 2018-03-31 10086567 d:OfficeEquipment d:OwnedOrFreeholdAssets 2018-04-01 2019-03-31 10086567 d:CurrentFinancialInstruments 2019-03-31 10086567 d:CurrentFinancialInstruments 2018-03-31 10086567 d:CurrentFinancialInstruments d:WithinOneYear 2019-03-31 10086567 d:CurrentFinancialInstruments d:WithinOneYear 2018-03-31 10086567 d:ShareCapital 2019-03-31 10086567 d:ShareCapital 2018-03-31 10086567 d:RetainedEarningsAccumulatedLosses 2019-03-31 10086567 d:RetainedEarningsAccumulatedLosses 2018-03-31 10086567 c:FRS102 2018-04-01 2019-03-31 10086567 c:AuditExempt-NoAccountantsReport 2018-04-01 2019-03-31 10086567 c:FullAccounts 2018-04-01 2019-03-31 10086567 c:PrivateLimitedCompanyLtd 2018-04-01 2019-03-31 10086567 c:PublicLimitedCompanyPLCNotQuotedOnAnyExchange 2018-04-01 2019-03-31 iso4217:GBP xbrli:pure

Registered number:  10086567









SLIPPEDISC LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 MARCH 2019

 
SLIPPEDISC LIMITED
REGISTERED NUMBER:  10086567

STATEMENT OF FINANCIAL POSITION
AS AT  31 MARCH 2019

2019
2018
Note
£
£
   

Tangible assets
 3 
616
235

   
616
235

Current assets
   

Debtors: amounts falling due within one year
 4 
4,642
1,375

Cash at bank and in hand
 5 
163,858
73,082

   
168,500
74,457

Creditors: amounts falling due within one year
 6 
(25,038 )
(19,926 )

Net current assets
   
 
 
143,462
 
 
54,531

Total assets less current liabilities
   
144,078
54,766

   

Net assets
   
144,078
54,766

Capital and reserves
   

Called up share capital 
   
100
100

Profit and loss account
   
143,978
54,666

   
144,078
54,766


Page 1

 
SLIPPEDISC LIMITED
REGISTERED NUMBER:  10086567
    
STATEMENT OF FINANCIAL POSITION  (CONTINUED)
AS AT  31 MARCH 2019

The Directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of Companies Act 2006.

The Directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The  financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on  7 March 2020 .




N Lebrecht
Director

The notes on pages 3 to 6 form part of these financial statements.

Page 2

 
SLIPPEDISC LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2019

General information

Slippedisc Limited is a private Company limited by shares and incorporated in England. The registered office is 64 New Cavendish Street, London,United Kingdom, W1G 8TB. 

The principal activity of the Company during the year was that of publishing.

2. Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of  Financial Reporting Standard 102, the Financial Reporting Standard applicable in  the UK and the Republic of Ireland and the Companies Act 2006 .

The following principal accounting policies have been applied:

2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

2.3

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Page 3

 
SLIPPEDISC LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2019

2. Accounting policies (continued)

Tangible fixed assets (continued)

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Office equipment
-

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in the Statement of Comprehensive Income.

2.4

Debtors

Short term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

2.5

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

2.6

Creditors

Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

2.7

Taxation

Tax is recognised in the Statement of Comprehensive Income, except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the Company operates and generates income.

Page 4

 
SLIPPEDISC LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2019





£



Cost or valuation


At 1 April 2018
353


Additions
513



At 31 March 2019

866



Depreciation


At 1 April 2018
118


Charge for the year on owned assets
132



At 31 March 2019

250



Net book value



At 31 March 2019
616



At 31 March 2018
235

2019
2018
£
£


Amounts owed by group undertakings
3,418
1,231

Other debtors
(1 )
-

Prepayments and accrued income
1,225
144

4,642
1,375


2019
2018
£
£

Cash at bank and in hand
163,858
73,082

163,858
73,082


Page 5

 
SLIPPEDISC LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2019
2019
2018
£
£

Trade creditors
-
6,018

Corporation tax
20,860
7,963

Other taxation and social security
2,782
4,670

Accruals and deferred income
1,396
1,275

25,038
19,926


 
Page 6