Caseware UK (AP4) 2022.0.179 2022.0.179 2023-01-312023-01-31The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.true2022-02-014falsearchitects4true 07929083 2022-02-01 2023-01-31 07929083 2021-02-01 2022-01-31 07929083 2023-01-31 07929083 2022-01-31 07929083 c:Director2 2022-02-01 2023-01-31 07929083 d:FurnitureFittings 2022-02-01 2023-01-31 07929083 d:FurnitureFittings 2023-01-31 07929083 d:FurnitureFittings 2022-01-31 07929083 d:FurnitureFittings d:OwnedOrFreeholdAssets 2022-02-01 2023-01-31 07929083 d:CurrentFinancialInstruments 2023-01-31 07929083 d:CurrentFinancialInstruments 2022-01-31 07929083 d:Non-currentFinancialInstruments 2023-01-31 07929083 d:Non-currentFinancialInstruments 2022-01-31 07929083 d:CurrentFinancialInstruments d:WithinOneYear 2023-01-31 07929083 d:CurrentFinancialInstruments d:WithinOneYear 2022-01-31 07929083 d:Non-currentFinancialInstruments d:AfterOneYear 2023-01-31 07929083 d:Non-currentFinancialInstruments d:AfterOneYear 2022-01-31 07929083 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2023-01-31 07929083 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2022-01-31 07929083 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2023-01-31 07929083 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2022-01-31 07929083 d:ShareCapital 2023-01-31 07929083 d:ShareCapital 2022-01-31 07929083 d:CapitalRedemptionReserve 2023-01-31 07929083 d:CapitalRedemptionReserve 2022-01-31 07929083 d:RetainedEarningsAccumulatedLosses 2023-01-31 07929083 d:RetainedEarningsAccumulatedLosses 2022-01-31 07929083 c:FRS102 2022-02-01 2023-01-31 07929083 c:AuditExempt-NoAccountantsReport 2022-02-01 2023-01-31 07929083 c:FullAccounts 2022-02-01 2023-01-31 07929083 c:PrivateLimitedCompanyLtd 2022-02-01 2023-01-31 07929083 d:AcceleratedTaxDepreciationDeferredTax 2023-01-31 07929083 d:AcceleratedTaxDepreciationDeferredTax 2022-01-31 07929083 2 2022-02-01 2023-01-31 iso4217:GBP xbrli:pure

Registered number: 07929083









SOUP ARCHITECTS LTD







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 JANUARY 2023

 
SOUP ARCHITECTS LTD
REGISTERED NUMBER: 07929083

BALANCE SHEET
AS AT 31 JANUARY 2023

2023
2022
Note
£
£

Fixed assets
  

Tangible assets
 5 
6,941
4,102

  
6,941
4,102

Current assets
  

Stocks
  
37,365
27,000

Debtors: amounts falling due within one year
 6 
6,045
6,867

Cash At Bank And In Hand
 7 
124,048
45,930

  
167,458
79,797

Creditors: amounts falling due within one year
 8 
(43,627)
(42,459)

Net current assets
  
 
 
123,831
 
 
37,338

Total assets less current liabilities
  
130,772
41,440

Creditors: amounts falling due after more than one year
 9 
(12,500)
(17,500)

Provisions for liabilities
  

Deferred tax
 11 
(1,723)
(1,026)

  
 
 
(1,723)
 
 
(1,026)

Net assets
  
116,549
22,914


Capital and reserves
  

Called up share capital 
  
100
100

Capital redemption reserve
  
(25)
(25)

Profit and loss account
  
116,474
22,839

  
116,549
22,914


Page 1

 
SOUP ARCHITECTS LTD
REGISTERED NUMBER: 07929083
    
BALANCE SHEET (CONTINUED)
AS AT 31 JANUARY 2023

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 profit and loss account 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: 





P Walls
Director

Date: 26 October 2023

The notes on pages 3 to 9 form part of these financial statements.

Page 2

 
SOUP ARCHITECTS LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2023

1.


General information

Soup Architects Ltd is a company limited by shares and incorporated in England & Wales under the Companies Act 2006. The address of the registered office is given on the contents page. The nature of the Company's operations and its principal activities are set out in the Directors’ report.

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

Interest income

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

 
2.4

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

 
2.5

Borrowing costs

All borrowing costs are recognised in profit or loss in the year in which they are incurred.

Page 3

 
SOUP ARCHITECTS LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2023

2.Accounting policies (continued)

 
2.6

Current and deferred taxation

The tax expense for the year comprises current and deferred tax. Tax is recognised in profit or loss 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 balance sheet date in the countries where the Company operates and generates income.

 
2.7

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.

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:

Fixtures & fittings
-
20% straight line

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 profit or loss.

 
2.8

Work in progress

Work in progress and finished goods include labour and attributable overheads.

 
2.9

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.

 
2.10

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.

Page 4

 
SOUP ARCHITECTS LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2023

2.Accounting policies (continued)

 
2.11

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.

 
2.12

Provisions for liabilities

Provisions are made where an event has taken place that gives the Company a legal or constructive obligation that probably requires settlement by a transfer of economic benefit, and a reliable estimate can be made of the amount of the obligation.
Provisions are charged as an expense to profit or loss in the year that the Company becomes aware of the obligation, and are measured at the best estimate at the balance sheet date of the expenditure required to settle the obligation, taking into account relevant risks and uncertainties.
When payments are eventually made, they are charged to the provision carried in the Balance Sheet.

 
2.13

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.


3.


Judgments in applying accounting policies and key sources of estimation uncertainty

The preparation of the financial statements requires management to make judgments, estimates and assumptions that affect the amounts reported for assets and liabilities as at the balance sheet date and the amounts reported for revenues and expenses during the year. The nature of estimation means the actual outcomes could differ from those estimates. 


4.


Employees

The average monthly number of employees, including directors, during the year was 4 (2022 - 4).

Page 5

 
SOUP ARCHITECTS LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2023

5.


Tangible fixed assets





Fixtures & fittings

£



Cost or valuation


At 1 February 2022
17,456


Additions
5,460



At 31 January 2023

22,916



Depreciation


At 1 February 2022
13,354


Charge for the year on owned assets
2,621



At 31 January 2023

15,975



Net book value



At 31 January 2023
6,941



At 31 January 2022
4,102

Page 6

 
SOUP ARCHITECTS LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2023

6.


Debtors

2023
2022
£
£


Trade debtors
4,450
6,664

Other debtors
25
27

Prepayments and accrued income
1,570
176

6,045
6,867



7.


Cash and cash equivalents

2023
2022
£
£

Cash at bank and in hand
124,048
45,930

124,048
45,930



8.


Creditors: Amounts falling due within one year

2023
2022
£
£

Bank loans
5,000
5,000

Trade creditors
-
681

Corporation tax
30,995
11,602

Other taxation and social security
2,018
5,941

Other creditors
3,149
17,000

Accruals and deferred income
2,465
2,235

43,627
42,459



9.


Creditors: Amounts falling due after more than one year

2023
2022
£
£

Bank loans
12,500
17,500

12,500
17,500


Page 7

 
SOUP ARCHITECTS LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2023

10.


Loans


Analysis of the maturity of loans is given below:


2023
2022
£
£

Amounts falling due within one year

Bank loans
5,000
5,000


5,000
5,000

Amounts falling due 1-2 years

Bank loans
5,000
5,000


5,000
5,000

Amounts falling due 2-5 years

Bank loans
7,500
12,500


7,500
12,500


17,500
22,500


Page 8

 
SOUP ARCHITECTS LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2023

11.


Deferred taxation




2023


£






At beginning of year
(1,026)


Utilised in year
(697)



At end of year
(1,723)

The provision for deferred taxation is made up as follows:

2023
2022
£
£


Accelerated capital allowances
(1,723)
(1,026)

(1,723)
(1,026)


12.


Related party transactions

In other creditors there is a Director's loan of £3,018 (2022: £6,659) provided to the company. Interest of 0% is paid on this loan and it is repayable on demand.  

 
Page 9