Understood Ltd 10697664 false 2022-04-01 2023-03-31 2023-03-31 The principal activity of the company is is that of marketing. Digita Accounts Production Advanced 6.30.9574.0 true 10697664 2022-04-01 2023-03-31 10697664 2023-03-31 10697664 core:CurrentFinancialInstruments core:WithinOneYear 2023-03-31 10697664 bus:Micro-entities 2022-04-01 2023-03-31 10697664 bus:AuditExemptWithAccountantsReport 2022-04-01 2023-03-31 10697664 bus:FullAccounts 2022-04-01 2023-03-31 10697664 bus:SmallCompaniesRegimeForAccounts 2022-04-01 2023-03-31 10697664 bus:RegisteredOffice 2022-04-01 2023-03-31 10697664 bus:Director1 2022-04-01 2023-03-31 10697664 bus:PrivateLimitedCompanyLtd 2022-04-01 2023-03-31 10697664 countries:AllCountries 2022-04-01 2023-03-31 10697664 2021-04-01 2022-03-31 10697664 2022-03-31 10697664 core:CurrentFinancialInstruments core:WithinOneYear 2022-03-31 iso4217:GBP xbrli:pure

Registration number: 10697664

Understood Ltd

Unaudited Filleted Financial Statements

for the Year Ended 31 March 2023

 

Understood Ltd

Contents

Company Information

1

Director's Report

2

Balance Sheet

3 to 4

Notes to the Unaudited Financial Statements

3

 

Understood Ltd

Company Information

Director

Mr Tom O'Connor Jackson

Registered office

30 Ruckholt Road
Leyton
London
E10 5NP

Accountants

Thorntons Accountants Limited
Chartered Certified Accountants
213 Derbyshire Lane
Norton Lees
Sheffield
South Yorkshire
S8 8SA

 

Understood Ltd

Director's Report for the Year Ended 31 March 2023

The director presents his report and the financial statements for the year ended 31 March 2023.

This report has been prepared in accordance with the micro-entity provisions of the Companies Act 2006 and in accordance with FRS 105 The Financial Reporting Standard applicable to the Micro-entities Regime.

Director of the company

The director who held office during the year was as follows:

Mr Tom O'Connor Jackson

Small companies provision statement

This report has been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

Approved and authorised by the director on 29 August 2023
 

.........................................
Mr Tom O'Connor Jackson
Director

 

Understood Ltd

(Registration number: 10697664)
Balance Sheet as at 31 March 2023

2023
£

2022
£

Fixed assets

189

377

Current assets

37,053

36,901

Creditors: Amounts falling due within one year

(35,150)

(36,188)

Net current assets

1,903

713

Total assets less current liabilities

2,092

1,090

Accruals and deferred income

(1,000)

-

 

1,092

1,090

Capital and reserves

1,092

1,090

1

General information

The company is a private company limited by share capital, incorporated in England & Wales.

The address of its registered office is:
30 Ruckholt Road
Leyton
London
E10 5NP

These financial statements were authorised for issue by the director on 29 August 2023.

Basis of preparation

The financial statements have been prepared under the historical cost convention and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime'.

2

Staff numbers

The average number of persons employed by the company (including the director) during the year, was 1 (2022 - 1).

For the financial year ending 31 March 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the micro-entity provisions of the Companies Act 2006 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

 

Understood Ltd

(Registration number: 10697664)
Balance Sheet as at 31 March 2023

Approved and authorised by the director on 29 August 2023
 

.........................................
Mr Tom O'Connor Jackson
Director