Caseware UK (AP4) 2021.0.152 2021.0.152 2021-12-312021-12-31falseNo description of principal activityThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.true2021-01-0111true 10501338 2021-01-01 2021-12-31 10501338 2020-01-01 2020-12-31 10501338 2021-12-31 10501338 2020-12-31 10501338 c:Director1 2021-01-01 2021-12-31 10501338 d:CurrentFinancialInstruments 2021-12-31 10501338 d:CurrentFinancialInstruments 2020-12-31 10501338 d:CurrentFinancialInstruments d:WithinOneYear 2021-12-31 10501338 d:CurrentFinancialInstruments d:WithinOneYear 2020-12-31 10501338 d:ShareCapital 2021-12-31 10501338 d:ShareCapital 2020-12-31 10501338 d:SharePremium 2021-12-31 10501338 d:SharePremium 2020-12-31 10501338 d:RetainedEarningsAccumulatedLosses 2021-12-31 10501338 d:RetainedEarningsAccumulatedLosses 2020-12-31 10501338 c:FRS102 2021-01-01 2021-12-31 10501338 c:AuditExempt-NoAccountantsReport 2021-01-01 2021-12-31 10501338 c:FullAccounts 2021-01-01 2021-12-31 10501338 c:PrivateLimitedCompanyLtd 2021-01-01 2021-12-31 10501338 2 2021-01-01 2021-12-31 iso4217:GBP xbrli:pure

Registered number: 10501338










CARIBOU DIGITAL DATA LIMITED








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 DECEMBER 2021

 
CARIBOU DIGITAL DATA LIMITED
REGISTERED NUMBER: 10501338

STATEMENT OF FINANCIAL POSITION
AS AT 31 DECEMBER 2021

2021
2020
Note
£
£

  

Current assets
  

Debtors: amounts falling due within one year
 4 
139
2,637

Cash at bank and in hand
  
201
17,041

  
340
19,678

Creditors: amounts falling due within one year
 5 
(4,702)
(403,541)

Net current liabilities
  
 
 
(4,362)
 
 
(383,863)

Total assets less current liabilities
  
(4,362)
(383,863)

  

Net liabilities
  
(4,362)
(383,863)


Capital and reserves
  

Called up share capital 
  
220
144

Share premium account
  
379,924
-

Profit and loss account
  
(384,506)
(384,007)

  
(4,362)
(383,863)


Page 1

 
CARIBOU DIGITAL DATA LIMITED
REGISTERED NUMBER: 10501338
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 DECEMBER 2021

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 the 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 income and retained earnings 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 by: 






C Locke
Director

Date: 28 July 2022

The notes on pages 3 to 5 form part of these financial statements.

Page 2

 
CARIBOU DIGITAL DATA LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2021

1.


General information

Caribou Digital Data Limited (company number 10501338) is a private company, limited by shares and incorporated in England and Wales. The address of its registered office is 56 Echo Barn Lane, Wrecclesham, Farnham, Surrey, England, GU10 4NF.

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

Going concern

As shown in the financial statements, the company has total liabilities exceeding its total assets by
£4,362 (2020 - £383,863). The directors have confirmed that they will continue to support the company for the foreseeable future. For this reason, the company has decided to prepare the accounts using the going concern basis.

 
2.3

Foreign currency translation

Functional and presentation currency

The Company's functional and presentational currency is GBP.

Transactions and balances

Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions.

At each period end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined.

Page 3

 
CARIBOU DIGITAL DATA LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2021

2.Accounting policies (continued)

 
2.4

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.

 
2.5

Interest income

Interest income is recognised in profit or loss using the effective interest method.

 
2.6

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.

 
2.7

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.

 
2.8

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.

 
2.9

Financial instruments

The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.

Page 4

 
CARIBOU DIGITAL DATA LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2021

3.


Employees



The average monthly number of employees, including directors, during the year was 1 (2020 - 1).


4.


Debtors

2021
2020
£
£


Other debtors
-
2,497

Prepayments and accrued income
139
140

139
2,637



5.


Creditors: Amounts falling due within one year

2021
2020
£
£

Trade creditors
-
14,074

Amounts owed to other participating interests
323
385,088

Other creditors
2,500
2,500

Accruals and deferred income
1,879
1,879

4,702
403,541


 
Page 5